Insight Asset Advisory Group

Don't Follow Your Passion to Build Wealth, Do This Instead, Says Scott Galloway Galloway says the relationship between mastery and passion matters — and can lead to more money.

Top 10 Most Common Financial Mistakes in 2024 Many people struggle with money. Though a difficult economy and sociocultural factors may be to blame, you can still do your part to try to make smart choices with your money. These are some of the most common financial mistakes that are leading people to economic hardship this year.

FP Answers: What can I do with the money in my locked-in retirement account? A retiree and asks a question about a federally regulated locked-in retirement account (LIRA).

Here's Why Some Home Sellers Are Cutting Prices One in four sellers decreased the price of their home to entice buyers, a new Zillow report said. Home listings have increased as some sellers who were waiting for lower rates give up as high interest rates persist. Buyers remain on the fence even as mortgage rates start to wane and more homes come....

3 reasons why it’s not worth waiting to deal with debt Taking proactive steps to manage your debt will ultimately prove valuable for your long-term financial stability and overall well-being.

How far out of reach is retirement for most Canadians? 75% of Canadians believe the high cost of living has hurt their retirement savings.

Video: TSX set to shine in second half of year Lower interest rates and a weaker U.S. dollar could set up the Toronto Stock Exchange to have a strong second half of the year.

Couple is aggressively trying to pay off mortgage before retirement, but is it too much? An expert says they should seriously consider downsizing once they retire,

FP Answers: What's the best way to draw down our assets in retirement if we don’t want to leave a large inheritance? This couple has more than enough for a great retirement — the big question is what do they want to do with the money.

How to Balance Family and Business — An Entrepreneur's Guide to Harmonious Living The article underscores the importance of balancing entrepreneurial pursuits with family life through clear communication, involving family in business and maintaining a healthy work-life balance.

Most People Wish They Had Started Saving for Retirement Earlier, Survey Says Nearly two-thirds of people say they wish they had started saving for retirement before the age of 25, according to a recent Voya Financial survey. Delaying saving for retirement can mean losing out on significant investment returns over time.

Take note of this it will help in protecting finances

Tech outages are inevitable – have you protected your finances? Three kinds of disasters can shut down our ability to bank and invest using computers and mobile devices. Consider last week’s global tech outage as a warning to start preparing for each of them.

In this time, it is more than necessary for us to learn how to keep our wealth.

Secret to Keeping Your Wealth Designing sustainable and eco-friendly structures for a brighter future.

Family Business Planning Strategies If you are an owner in a family enterprise, the likelihood of your business successfully transitioning to the next generations is not very good. This has not changed over the years. With 80% to 90% of all enterprises in North America being family owned, it is important to address the reasons why tra...

Nelson Nash’s Becoming Your Own Banker – Part I, Lesson 1: Becoming Your Own Banker Perhaps it was that eminent author, “Anonymous,” that made the observation, “If you take all the money in the world and divide it equally among all the people in the world, within ten years time 97% of the money will be in the control of 3% of the people.” There is no way to measure the vali...

3 mistakes not to make with your retirement savings, from people who have already retired Business Insider asked regular people approaching or in retirement what they'd wished they'd known about being prepared to stop working.

More Pondering On Social Security - by R. Nelson Nash Earlier in this series of articles I wrote a little bit about Social Security. But, it kept haunting me that there is much more that needs to be revealed about this unbelievable con game. And so, I offer just a few additional facts about it and my observations of human financial behavior because of....

Continuing To Ruminate - by R. Nelson Nash It is time to re-examine the origin of the word — ruminate. To do so we will have to understand “Cow Biology”: A cow has four stomachs. The rumen is the first — and by far — the largest compartment of the stomach of a ruminant from which food is regurgitated for rumination. She eats grass ...

There Ain’t No Such Thing as a Free Lunch! - by R. Nelson Nash TANSTAAFL. That’s an acronym that I ran across over sixty years ago — There Ain’t No Such Thing As A Free Lunch! Yet, we are bombarded every day by advertising using the word “free.” And based on observed behavior I think there are people who actually believe this nonsense. Maybe it is an ...

Money Is Not Wealth - by R. Nelson Nash Money is the medium of exchange whereby we acquire wealth. You sell someone something or provide valuable services to someone and you are given a token of agreed upon value that we call money. It’s the way we keep score of our exchange of goods and services.

IBC – What’s it all About? - by R. Nelson Nash It should be evident to most people that the last 100 years have been very violent in the financial world. Why? What happened to cause all this turbulence?

NOISE! - by R. Nelson Nash Have you ever noticed that we all are completely surrounded with noise in our daily lives? Even as I write these words I can easily hear the noise my computer is making and there is the noise that the keyboard makes each time a key is stroked.

Why are they called “Recessions or Depressions?” - by R. Nelson Nash In the economic world today we hear the words, “recession” and/or “depression” used regularly to describe a downturn in economic activity. There have been booms and busts in the economy throughout all history. Graphs are presented that illustrate the highs and lows over a period of time

Jeanette’s Banking System My oldest grand-daughter, Jeanette, finished Nursing School in May of 2003. She got a job right away. She bought her first car, a Toyota Celica, for $21,500 and paid cash for it

Nelson Nash’s Becoming Your Own Banker: Part V, Lesson 6, A Different Look at The Monetary Value of A College Degree When I began my career in life insurance sales in 1964, we were taught to show our clients and prospects how much more their child would earn if he had a college degree compared to his twin brother who did not graduate from college.

The Top 10 Reasons NOT to BUY Equity Indexed Universal Life Insurance companies have put numerous pages on the front of Equity Indexed Universal Life (EIUL) illustrations that describe the issues below, but most people (by design) will not take the time to read and understand what these pages are saying. I would encourage you to read those pages thoroughly b...

Understanding how money works!!!

The Wealth Effect - L. Carlos Lara One of the greatest awakenings we can experience happens when we recognize that our monetary systems rest entirely on our confidence. In other words, when analyzed from a purely materialistic viewpoint, our beliefs in the financial strength of the U.S. dollar and the U.S. Treasury are what actually....

Takeout coffee is a want and not a need. The money you use everyday on your coffee cash could be invested and put to working for your debt.

Without us, the effective interest rates that you pay can be over 30%! But that ends today, schedule your meeting: https://debtfree4lifeadvisors.com/vivien-adao/

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