1.

I am a UCLA graduate. It was the happiest day of my life when I got my admission letter. But UCLA, along with USC, have destroyed college sports and conference rivalries by jumping ship to The Big 10. College sports have crossed the rubicon and I have lost all interest in this search for more money. It’s just another example of how the “education” just doesn’t matter anymore. Another sad day in collegiate sports…

2.

I’d encourage everyone to look around the world today at the inflations, recessions, supply chains, food shortages etc., and ask yourself…
“How would today be different if we wouldn’t have had government lockdowns in 2020? Cost vs. Benefits? We are now seeing the costs.

3.

As a result of our easy-money world, selling safe and secure fixed-annuity insurers were a very low priority. That tends to happen when we’ve had very high liquidity for the past 13 years. That said, we will be facing liquidity issues due to higher rates and quantative tightening. If you are a believer in the reversion to the mean, I would stay alert and stay with quality insurers when selling accumulation products. National Integrity is a good place to start…

4.

Putin said, “the economy of imaginary entities is being replaced by the economy of real assets.” Putin may be inaccurate but he makes a good point. We need to sell safer alternatives, more based on tangible or real assets and less based on technology and sophistication.

5.

Fixed annuity insurers’ back-offices are in a shambles, and it comes at a time when app count is at a high level. Many insurers are still working remotely and it’s been a disaster. And it’s been months, no, it’s been years now. This result of course, is mediocre service offered by NestEgg Builders. Thank you for your patience and we will do whatever we can to lessen your burden.