There have been several different dynamics we have observed, and of which we have lived, over the last 20 years since North Main Financial Group has been in business. We had the Internet boom, and then bubble, and then the bursting of the bubble at the end of the 1990s and into the early 2000s. We then had what some would describe as a real estate bubble happening from 2005 to about 2007.
It’s interesting to look back through the years and note the trends. There were things 20 years ago when I started that were in vogue that isn’t today. Conversely, there are things that we use every day that didn’t even exist 20 years ago. The iPhone, for example, is only 10 years old. Pretty amazing to think about since it’s so integrated into our lives.
We’ve talked on several other shows about the importance of estate planning and how some people engage in charitable planning or strategies. We invited a special guest to the North Main Financial Show, and you will quickly see that what he does dovetails nicely into the idea of being engaged in the community relative to charitable giving and estate planning.
Life is full of surprises and while we can’t always stop things like accidents, theft and injuries from happening, we can protect ourselves. Insurance is meant to give us a measure of financial protection should disaster strike. But what should you consider when determining the right insurance for yourself, your family, your business?