The Economy and Financial Services

Whether the economy is slowing down or speeding up, for our business this is a good thing. Why? Because, we primarily sell term insurance, and small systematic investment products. These are products which people need during all economic cycles.

First, term insurance makes sense because, generally, term is the best way to buy lots of protection at a reasonable price. More expensive policies often fall by the way side. When people systematically invest, using a strategy called "dollar cost averaging", the fluctuations of the market are less concerning. When the market is down, you are buying shares at a lower cost. When the market comes back up, the shares you purchased at a lower price are now worth more.

It is also important to note that, joining our company on a part-time basis allows someone the opportunity to earn extra income in an unstable economic environment. Creating additional options for your life, through our company, can be very comforting during uncertain times.

Barney Hellenbrand
CEO
HBW Insurance & Financial Services, Inc.