White House Financial & Settlement Consulting, LLC helps families live an easier and less stressful life through the achievement of their financial goals by providing comprehensive, fee-only, client focused financial advice and exceptional service.
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The Media and Investment Strategy
The media has been
reporting that market indexes are hitting a new high, which can make many
people feel that their portfolio is not doing as well as "everyone else's”.We must be very careful when we let the media
dictate our investment strategy.Based
on our experience, when this happens, it is important to keep the following
things in mind:
1.) The media's first
priority is to make a profit by selling advertising, not to make you a profit
by making good investment decisions.
2.) Most people only tell
you about how much money they have made in their portfolios, not how much they
3.) Our fist job as a
financial advisor is to understand the level of risk that you can take and to
do everything we can to preserve your capital.Our second job is to help you maximize the growth of your portfolio,
given the amount of risk you can afford to take.
4.) The Dow Jones
Industrial Index or S&P500 index being at a seven year high means that it
has had almost a ZERO return in seven years!
5.) The market
indices (e.g., The Dow Jones Industrials, S&P500, etc.) are only a small
fraction of the overall financial market.
6.) If you try and
time the market you WILL LOSE most of the time.
7.) Depending on what
time frame you are using, you can draw completely opposite conclusions about
So what then is an
investor to do?Stick to your plan and
good money management tenets such as:
1.) The amount you
save and at what frequency are more important than what you invest in.
2.) Do not have your
"eggs" in only a few baskets.
3.) Rebalance your
portfolio at fixed periodic intervals no matter what the market is doing.
House Financial & Settlement Consulting helps families live easier and less
stressful lives through the proper management of their financial
resources. We do this by acting as our clients’ trusted advisor providing
a personal touch customized to the client’s needs! Please visit our web
site at www.whitehousellc.com or
contact us directly for more information!
be aware that we do not provide tax or legal advice, and that the information
set forth herein was obtained from sources which we believe reliable, but we do
not guarantee its accuracy.Neither the
information nor any opinion expressed constitutes a solicitation by us of the
purchase or sale of any securities or commodities.In addition, past performance is no guarantee
of future results.Diversification does
not guarantee against loss; it is a method used to help manage risk.
White House Financial & Settlement Consulting, LLC
COMPREHENSIVE – CLIENT FOCUSED –
South Main Street • Suite 300 • Chelsea, Michigan 48118 • Phone: (734) 433-1670
• Fax: (734) 433-1671
I hope that you are doing well! We just FINALLY completed the settlement of a case for a minor (age 17) that we were initially engaged by our plaintiff attorney client in February 2021, to provide structured settlement annuity quotes! Although the claimant was very close to the age of majority the key to the case was not giving him all of the settlement proceeds, which was over $120,000, at age 18. Having been in this business for over 20 years I cannot tell you the number of sad cases we have witnessed where the young claimant receives their settlement proceeds at age 18 only to blow through all the funds before anyone can blink and make bad decisions with the proceeds! This case involved two liability insurance carriers Liberty Mutual and Member Select. We coordinated multiple rounds of document revisions and had to have a separate set of different documents for each insurance carrier. In addition, one of the carriers would not fund the annuity until we had a fully executed court ord
If you have been wrongfully injured in an accident, considering a structured settlement annuity to assist you with achieving the financial security you deserve is one of the most difficult and important decisions you will ever make! Prudential Life Insurance, which is one of the many structured settlement annuity companies that we use to help our clients achieve that financial security, came out with two very helpful videos that may help you in your decision making process. Click on these links to see how Kim and Robin found their road to financial security with a structured settlement. Do you or your clients need help making this difficult decision? Then contact us! It costs you nothing! For 20 years we have been Michigan's premier and ONLY Plaintiff Focused Structured Settlement Consultant. Please contact us early at (734) 433-1670 or firstname.lastname@example.org and let us help you and your clients maximize your hard earned settlement dollars call! www.whitehousell
We recently were engaged by the Guardian Ad Litem (GAL) in the case of an 11 year old boy who was struck by a care while riding his bike. The father of the boy settled the case directly with the liability auto insurance carrier pre-suit and the GAL contacted us to ensure that the boy's settlement funds were handled appropriately. The case settled for a total of $65,000 and $59,000 was being allocated to the structured settlement annuity for the boy as follows: $5,000 paid immediately upon settlement $10,000 at age 18 $20,000 at age 21 $25,000 at age 25 $35,718 at age 30 this is total benefits of $95,718! The annuity was placed with a large life insurance company rated A+ by the A.M. Best rating agency and provided the family and GAL with the peace of mind that the young man would not receive the entire amount at age 18. In addition, due to the use of the structured settlement annuity, all of the interest gained during the payout period ($31,718 to be exact) is INCOME TAX FREE! T