Invest In The Stock Market Or Have Life Insurance?


by Federal Financial Group LLC

The most basic purpose of a life insurance policy is protect your dependents financially in the event of your death. If you have a significant amount of liquid assets or have money invested in the stock market, you may wonder why it would be necessary to also have a life insurance policy. While an increase in income or savings may change the amount of coverage that you may need, it will rarely negate the necessity of life insurance. 

ALSO SEE: Are You Ready For The Retirement Decade

How much does your family need?

If you were suddenly no longer around to provide for your family, how much money would be enough for them to maintain their current standard of living for the next few years? You would need that amount and more in liquid assets to justify discontinuing a life insurance policy. 

Taking a risk

Investing, by its very nature, is risky. While your stocks may have been successful in the past, a turn in the market or a government action can change all of that. With a life insurance policy, your dependents will have a guaranteed amount of money to receive. They will not have to deal with the stress of depending on a variable market. 

Financial planning is multi-layered

In addition to a life insurance policy with a sufficient amount of coverage, you should have funds in savings accounts and in stocks and mutual funds. 

This post was originally done by Richard Reich.  


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Service Before Politics

Moving Mali Forward

This past week was charged and full of some great events and service projects that we did in the various areas of Bamako, the capital of Mali.

Our PACP delegation headed to Baguineda where our resident eye doctor and Secretary General of PACP Aboubacar Sidiki Fomba donated his services to do free cataract surgery. In Mali, to remove cataracts, it costs about 50000 cfa ( $100) per eye. Now think about it. An average Malian will not make more than a $1.25 per day. In fact, most Malians will forgo the cost of an eye surgery because the need of food and other basic amenities for their family is a priority. Fomba has donated his services in many areas. The newest was Baguineda. In Baguineda many older people and young children were brought to get eye tests done and then the surgery. In one case, a man told us that…

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One Man’s Vision by Morgan Reber: How Yeah Samaké Will Change Mali Through Education

Hear this guy is pretty amaze.

I Support Yeah

This post was originally written on Morgan’s blog at:


After my interview with Yeah Samaké. I’m on the left, Yeah is in the middle, and Michael Devonas (founder of the BYU chapter of Empower Mali) is on the right. It was such a wonderful experience being able to meet and talk with him! He’s a wonderful man, an incredible leader, and an inspiration to us all! 

Progeny to a nation of opportunities and facilities that would be the stuff of miracles in a worse-heeled country, the ignorant, gluttonous exploitation and thanklessness so ubiquitous between the white picket fences of the middle-class American breed happy, smiling Frankenstein monsters of political leaders too plastic and unacquainted with critical issues like poverty, illiteracy, and corruption. That breach between quandary and captain remains inaccessible if the Babel of dissimilarity obstructs resolution from being reached. To remedy social ills, a leader must speak the…

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Upcoming events in Utah!

This man has an amazing story. If you have a chance to hear it or read it, you will never be the same yourself.

I Support Yeah

Have you met Yeah? You need to meet Yeah Samaké. His story will blow you away. He is an inspiration to everyone that meets him. Join as us at one of the last events in Utah before the election! He is returning to Mali shortly to campaign rigorously during the last 50 days of the election.

1302-15 084

Open House with Yeah Samaké

DATE: Thursday, June 6
TIME: 7:00pm
PLACE: Home of Roger and Dawn Hill, 497 N. Bald Mountain Dr., Alpine, UT 84004

Meet and Greet at City Creek Commons with Yeah

DATE: Friday, June 7
TIME: 8:00 – 10:00 am
PLACE: City Creek Commons, 50 S. Main Street, Salt Lake City, UT 84101

Light brunch will be provided.

Directions: The Commons Room at City Creek is located just behind Deseret Book on South Temple.  There is a beautifully carved wooden facade in front of the brick building with “The Commons”  written just above the…

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