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Manage your own money

Recently I did my own analysis of my insurance and investment portfolio. Over-insured and under-invested. Over-insured because: 1. Listening to financial advisers. These people don't want to advise you on how to make money, they are advising you to put money into their pockets via commission.  They are not taking care of you.  2. No one talks about the front loading (aka, the percentage commission that they will take from your account. ) i.e. the percentage of your money that is going to them.  3. You need insurance, just not insurance that is expensive. How much do you need? Enough to cover your liabilities.  4. Your future children will eventually stand on their own feet, but at least cover your own debts. A person doesn't need debt saddled on them before they even start working.  Under-invested because: 1. NOT reading up and finding out more. BE INQUISITIVE. Seek knowledge on subjects that will matter. Politics, Federal USA interest rates, debt cycles. Listen...
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Finding Responsibility.

Post COVID, with the resumption in air travel, work has increased substantially, cause I'm an airline pilot. Whilst the remuneration is welcome, it also means more stress on the mind and body and less time with the family. As my kids grow, they need guidance and I'm not home often enough to do that properly. I hope this blog will help me to guide them when I recall the lessons learnt in my 4 decades on Earth. They are still young, and this is an opportunity to impart life lessons. What makes me qualified to do so? I'm their dad, it's my job. Not anyone else's. Well the wife too. But she's going to have to start her own blog.  I will write this blog from the comforts of the many hotels I am put up in.  Squawk 2000. Good day.
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