A Case for Life Insurance Policies that Payout in Gold

This was my second Toastmasters speech. 


life-insurance-is-boringLife Insurance is boring.

Don’t get me wrong. I understand the need for this product, and I have life insurance. But there are a lot of different ways to pass down wealth in the US. Many of them are more exciting than life insurance.

Today I’d like to present you with an idea for a unique life insurance product that the Prudential could offer, and I would be excited about. Continue reading “A Case for Life Insurance Policies that Payout in Gold”

Lyme Disease in New Jersey

My daughter had a small deer tick on her yesterday. My wife had to use tweezers to remove it. Living in New Jersey, this instantly made me think about Lyme disease.

The Number of Lyme Disease Cases in New Jersey

According to the Center for Disease Control and Prevention (CDC), there are about 3,000 confirmed cases of Lyme disease in New Jersey every year. Continue reading “Lyme Disease in New Jersey”

New York Red Bulls – A Great Family Event

283px-New_York_Red_Bulls_logo.svgThis weekend I’m planning to take my family to an MLS match between the New York Red Bulls and the New England Revolution. The Red Bulls (RBNY) are a good team. They’re currently 3rd in their division and on pace to make the playoffs for the seventh year in a row.

My girls are about 6 and 4 years old, and I’ve taken them to a RBNY game for the last 2 years. They are fun, and the kids enjoy them.

One of the greatest things about seeing the Red Bulls as a family is the cost. Continue reading “New York Red Bulls – A Great Family Event”

Coursera Class on Bitcoin and Cryptocurrency Technologies

Bitcoin and Crytocurrency TechnologiesIts official. I’m obsessed with Bitcoin.

I logged into Coursera looking for a computer programming course to take, saw the “Bitcoin and Cryptocurrency Technologies” class, and immediately signed up.

It looks like an interesting class. It’s taught by Arvind Narayanan, an assistant professor at Princeton University. It has a 5 star rating. Plus it’s free! Continue reading “Coursera Class on Bitcoin and Cryptocurrency Technologies”

Life Insurance Accounting – FAS 97 LP

This post discusses accounting for FAS 97 LP life insurance products. I previously covered FAS 60 policies on this blog. FAS 97 was created to address certain long duration products that were not covered under FAS 60.

life insurance acccountingAs stated in the FAS 60 discussion, life insurance accounting is different. It contains topics that are unique to the insurance industry. These topics are rarely taught in accounting classes and are not covered on the CPA exam.

My goal here is to summarize some of these topics and to make them relatively easy to understand for anyone with an accounting background. Continue reading “Life Insurance Accounting – FAS 97 LP”