Question: I am interested in buying gold. What is the best way to purchase and own gold? Also why are so many businesses purchasing gold? Mark Y. Answer: You can purchase gold in the form of… Read more

Question: I have been reading about converting my IRA to a Roth IRA as the tax laws are changing in 2010. Any suggestions? Peter W. Answer: You will be reading a lot more about this over the… Read more

Question: I was recently approached by a mortgage broker who told me that if I paid 2 points on a mortgage loan, I could refinance my current mortgage and that would reduce my interest rate by 1… Read more

Question: What is the difference between whole life, universal life and term insurance? Pat G. Answer: Term insurance is exactly what it implies you insure your life for a period of time and… Read more

Question: A financial advisor told me that if I purchased an equity index annuity, the insurance company would give me a 10% bonus.  It sounds too good to be true.  Is it?   Paul… Read more

Question: I have approximately $300,000 in my 401 (k). How can I be sure that when I retire, I will never run out of money? Allison K. Answer: Allison, that is a very valid concern. One hundred… Read more