Basketball great Kareem Abdul-Jabbar has led a pretty charmed life. Still, at age 66 he does have a few regrets. Twenty, to be exact.
Over at Esquire.com the former Lakers center provides a rundown of the things he wishes he had known back in 1977 when he was 30 years old. No. 3 on the list of advice he'd give his young self -- coming before "Career is never as important as family," "Do more for the community," and "Don't be so quick to judge" -- is this: "Become financially literate."
According to the K-Man (hey, it's his nickname for himself), "'Dude, where's my money?' is the rallying cry of many ex-athletes who wonder what happened to all the big bucks they earned."
"Dude, where's my money?" became his rallying cry in the mid-1980s when he discovered that his financial advisor had used a significant amount of Abdul-Jabbar's cash to invest in a real estate development deal that went sour.
Best Financial Companies To Own In Right Now: Banca Milano(PMII.MI)
Banca Popolare di Milano Societa Cooperativa a r.l. provides banking and financial services primarily in Italy, Europe, the United States, and Asia. The company offers current and savings accounts, mortgage and personal loans, credit cards, finance leases, and factoring services. It also provides commercial, corporate, and investment banking services; treasury services; financial advisory services; brokerage services; bancassurance products; collective and individual portfolio management services; and open and close-ended mutual funds, and hedge funds. As of 30 June 2011, the company operated a network of 770 retail branches, 4 corporate branches, 10 SME units, and 17 private banking centers, as well as 3 direct branches and 28 financial shops. It also offers telephone and Internet banking services. The company was founded in 1865 and is headquartered in Milan, Italy.
Best Financial Companies To Own In Right Now: National Security Group Inc.(NSEC)
The National Security Group, Inc., an insurance holding company, provides various property and casualty, and life insurance products and services in the United States. It operates in two segments, Property and Casualty Insurance, and Life Insurance. The Property and Casualty Insurance segment primarily provides personal lines coverage, including dwelling fire and windstorm, homeowners, mobile homeowners, ocean marine, and personal non-standard automobile lines of insurance in Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Oklahoma, South Carolina, Tennessee, and West Virginia, and operates on a surplus lines basis in the states of Louisiana, Missouri, and Texas. The Life Insurance segment principally offers ordinary life, accident and health, supplemental hospital, and cancer insurance products in Alabama, Florida, Georgia, Mississippi, South Carolina, and Texas. The company markets its products through a field force of agents and career agents, as well as thr ough a network of independent agents and brokers. The National Security Group, Inc. was founded in 1947 and is based in Elba, Alabama.
Best Energy Companies To Invest In 2014: Home Federal Bancorp Inc. of Louisiana(HFBL)
Home Federal Bancorp, Inc. of Louisiana operates as the holding company for Home Federal Bank, which provides financial services to individuals, corporate entities, and other organizations in northwest Louisiana. The company?s deposit products include savings accounts, NOW accounts, money market accounts, and certificate accounts, as well as passbook savings, certificates of deposit, and demand deposit accounts. Its loan portfolio comprises real estate loans, such as one to four family residential loans; commercial-real estate loans; multi-family residential loans; commercial business loans; land loans; construction loans; home equity and second mortgage loans; equity lines of credit; and consumer loans, including loans secured by deposit accounts, automobile loans, and other unsecured loans. The company also offers wealth management services. As of December 7, 2010, it operated through its main office, two branch offices, and one agency office in Shreveport, Louisiana. T he company is based in Shreveport, Louisiana.
Best Financial Companies To Own In Right Now: National Western Life Insurance Company(NWLI)
National Western Life Insurance Company provides life insurance products for the savings and protection needs of policyholders and annuity contracts for the asset accumulation and retirement needs of contract holders. Its life products include universal life insurance and interest-sensitive whole life, as well as traditional products, such as term insurance coverage; and annuity products comprise flexible premium and single premium deferred annuities, fixed indexed annuities, and single premium immediate annuities. The company markets and distributes its insurance products primarily through independent national marketing organizations to residents of various countries in central and South America, the Caribbean, the Pacific Rim, eastern Europe, and Asia. It also engages in small real estate, nursing home, and other investment operations. The company was founded in 1956 and is based in Austin, Texas.
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