oceanshi's posterous

Indexed Annuities and the Genius that is Seattle

This is my second blog.  I am going to pay tribute.  Will Smith was in a great movie entitled, Six Degrees of Separation.  The scene was New York City and a character being played by Ian McKellen was commenting on the joys of visiting New York City.  He said "New York is like  Florence Italy during the Renaissance-"genius around every corner".  Folks I want to tell you that could be said of Seattle today.
 
I had heard of blogging but did not know anything about it.  A list serve I am on noticed me that there was a conference on social media being given at Seattle Center.  I went and listened to some geniuses in this field.  The amazing thing about it was the informality.  It was called an unprogram where the participants set the agenda early in the day.  I learned abut Active Rain, a blog for real estate people, Word Press, more complicated but you can customize your blog to fit any situation and then there was Posterous.
 
That is what I am using now.  Basically I type an e-mail and Posterous takes care of the rest by posting on my blog site OceansHi's Posterous.  This is not new for Seattle.  In 1972 when I first moved here I did not know many people.  I did know a good thing when I saw it.  Every Friday for about six months I went to the Science Center and listened to Jacob Bronowski's series "The Acent of Man".  My hat is off to Seattle.
 
I will be consistent with this blog.  What I learned is that you should blog about the questions people ask. So ask a question themed to my profession and I will try to answer.  If I can't I will point you in the right direction.
 
I will start with my own question to get things rolling. 
 
Why is a single premium fixed annuity such a good investment? Answer: 1.  The money you invest builds tax free and when you withdraw it  tax free.  2.  Your principal is protected along with any gains you make.  You can choose your own index.  We recommend Standard and Poor's 500 for many situations.  It has consistently gained about 10 % a year since 1925.  If you invest $10,000 and the S and P 500 goes up 10% for the year you earned $1,000 on your investment if it goes down 15% the next year you don't make anything but your investment stays on $11,000.  When the S & P goes up you start at $11,000.  Ask me for more details. 

Quote of the day attributable to Will Rogers:  "Yes I am interested on the return on my investment, but I am equally interested in the return of my investment"
 
Thanks, until next blog. 
 
Alan F. Hall JD

My First Blog Post

Hi.  I am new to blogging but hope to become more proficient as time marches on.  I have been practicing law for 36 years and currently concentrate on Estate planning,  Medicaid Asset Protection Planning and Financial Planning with emphasis on Indexed Annuities.

  I can do all these things because I took the time to take and pass the Series 66 and Series 7 exams given by FINRA.  I also acquired all of my insurance licenses and real estate license all in Washington State.

  I did this because it seemed to me that I could be of more use to my clients in the estate planning field.  All of these fields overlap with estate planning.  In addition it was just fun to go back to school again. 

  I am looking forward to sharing my knowledge with interested people through the "blogosphere".  I will be setting up my Blog in the very near future.  In the meantime you can check out my homepage at AlanFHall.com.

  I also do occasional venture capital issues for the right client.  I recently completed one for ImmunovativeTherapies Ltd.  They are conducting clinical trials in Carlsbad California on their biological drug Alostim on cancer patients (tumors and blood cancers).  If you are interested in investing check out their website at www.immunovative.co.il and then give me a call.  425-774-9566.

  Alan F. Hall JD