The ability to convert an asset into cash without negatively impacting the value of the asset. For example, a money market fund is typically liquid while a large ranch property may not be so liquid.

Life Settlement Sales by Seniors Have Doubled in Two Years

Life settlement sales made by seniors have doubled over the past two years to $11.8 billion. The financial crisis appears to have had an impact on sales as seniors are likely looking at all of their assets for sources of funds and liquidity. Experts do caution, however, that there are other ways to realize the value of a life insurance policy that do not involve loss of life insurance coverage: "If you're thinking about selling your life insurance mostly because you're strapped for cash, there...
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The Absolute Return Unicorn - Investment Products Offering Both Gains and Protections Prove Elusive

The asset management industry has struggled to provide older investors and retirees with investment products that provide returns with little or no risk of losing principal.

In other words, the industry has not had any success in developing investment products that provide return without any risk.

A recent Wall Street Journal...

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Short Company Name: 
Long Company Name: 
Americo Financial Life and Annuity Insurance company

Kansas City-based

Company Type: 
Insurance Company
Street Address: 
PO BOX 410288
Kansas City
ZIP Code: 
Phone Number: 
Year Founded: 
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Slides from David Babbel's Fixed Indexed Annuity Study - Recent Historical Evidence

This is a follow-up on two previous entries that discuss the...

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Reverse Mortgages Receiving More Attention

A recent Wall Street Journal article indicates that the number of government-backed reverse mortgages has increased 20% from the same period last year. This stands in contrast to the number of new home equity loans which decreased 70% from the same period last year. The increased interest in reverse mortgages is directly related to the fall-out from the financial crisis. Seniors who have suffered as a result of decreasing asset values in the capital markets see home equity as a potentially...