Why Buffett Keeps Loading Up On Phillips 66

The casual observer may conclude from Buffett’s continued buying of Phillips 66 (NYSE:PSX) he is bullish on oil, but that’s not necessarily the case. Phillips 66 is primarily a refiner with 14 facilities. Together these produce in excess of 2 million...

Hybrid Long-Term Care Insurance Policies

Attempts to combat concerns about traditional long-term care insurance have resulted in combination or hybrid products using an asset-based approach to fund long-term care. These new approaches generally combine long-term care funding with life insurance or an...

Oil Spells Disaster For Many Investors

Crude oil is the world’s most actively traded commodity. Oil and its derivatives such as gasoline and heating oil are critical to almost every facet of the global economy. While plunging oil prices make consumers happy at the pump and at home, it has been a rude...