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	<title>Slocum Insurance Agency &#187; economy</title>
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	<description>Count on Us</description>
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		<title>Where are you putting your cash?</title>
		<link>http://www.slocumins.com/news/where-are-you-putting-your-cash/?utm_medium=rss&#038;utm_campaign=rss</link>
		<comments>http://www.slocumins.com/news/where-are-you-putting-your-cash/#comments</comments>
		<pubDate>Sun, 15 Nov 2009 18:55:17 +0000</pubDate>
		<dc:creator>Bob Slocum</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[cash]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[insurance]]></category>
		<category><![CDATA[money]]></category>
		<guid isPermaLink="false">http://www.slocumins.com/?p=122</guid>
		<description><![CDATA[One of the things that I have heard several times recently is that sales of home safes are booming during these hard economic times. While this may be simply a result of people wanting to secure those few valuable items that they own, knowing that others around them are becoming more desperate every day and [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.slocumins.com/wp-content/uploads/2009/10/bob-slocum-cpcu-cic1.jpg" alt="<a href='http://www.slocumins.com/about/meet-our-staff/' rel='external co-worker' title='Bob Slocum'>Bob Slocum</a>" title="<a href='http://www.slocumins.com/about/meet-our-staff/' rel='external co-worker' title='Bob Slocum'>Bob Slocum</a>" width="118" height="148" class="alignleft size-full wp-image-50" />One of the things that I have heard several times recently is that sales of <a href="http://www.slocumins.com/tag/home/">home</a> safes are booming during these hard economic times. While this may be simply a result of people wanting to secure those few valuable items that they own, knowing that others around them are becoming more desperate every day and therefore it’s reasonable to assume that thefts will be on the rise, I also keep hearing that trillions of investment dollars in <a href="http://www.slocumins.com/tag/cash/">cash</a> have been withdrawn from the system and are sitting on the side lines. Now, if I had a bunch of <a href="http://www.slocumins.com/tag/cash/">cash</a> to just “sit on the side lines”, where would I put it? As an <a href="http://www.slocumins.com/tag/insurance/">insurance</a> professional, I sincerely hope that the answer is not in a safe at your house or worse yet, hidden somewhere in your house. This concerns me for a couple of reasons. First, if someone should break into your house (or worse yet, it should burn down), how much coverage do you think a regular <a href="http://www.slocumins.com/tag/homeowners/">homeowners</a> policy generally provides for <a href="http://www.slocumins.com/tag/cash/">cash</a> <a href="http://www.slocumins.com/tag/money/">money</a>? Would you believe $200? Yup, that’s all. Now your policy may provide a higher limit so be sure to talk to your agent but, whatever you do, don’t just assume that it’s covered! The other concern I have is that people are taking too much comfort in the fact that, once they have a safe, they are “protected” and don’t need to worry. Over the years I have been in the <a href="http://www.slocumins.com/tag/insurance/">insurance</a> business I can tell you that we have seen many cases where the whole safe was stolen from someone’s house and then taken somewhere where the thief could work on opening it at their convenience. So, unless you have one of those huge safes that it takes an army of movers to budge, your feelings of <a href="http://www.slocumins.com/tag/security/">security</a> may be misplaced. Now don’t get me wrong, I’m not saying safes are bad. All I’m saying is to be sure you understand that there is a certain amount of risk in every action and this is no exception. Keeping large amounts of <a href="http://www.slocumins.com/tag/cash/">cash</a>, bonds, valuable jewelry, and the like around your house without understanding the risks involved could lead you to a very unhappy <a href="http://www.slocumins.com/tag/loss/">loss</a> situation. One of the great values of having an Independent <a href="http://www.slocumins.com/tag/insurance/">Insurance</a> Agent is that they are there to consult with you and advise you at no additional charge if they write your <a href="http://www.slocumins.com/tag/insurance/">insurance</a>. Just like you would talk to your doctor or lawyer or CPA, don’t forget to talk to you <a href="http://www.slocumins.com/tag/insurance/">insurance</a> agent <a href="http://www.slocumins.com/about/">about</a> the things that keep you up at night!</p>]]></content:encoded>
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		<title>Something good from this economic mess!</title>
		<link>http://www.slocumins.com/news/something-good-from-this-economic-mess/?utm_medium=rss&#038;utm_campaign=rss</link>
		<comments>http://www.slocumins.com/news/something-good-from-this-economic-mess/#comments</comments>
		<pubDate>Sun, 15 Nov 2009 18:54:13 +0000</pubDate>
		<dc:creator>Bob Slocum</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[family]]></category>
		<category><![CDATA[friends]]></category>
		<category><![CDATA[saving]]></category>
		<guid isPermaLink="false">http://www.slocumins.com/?p=120</guid>
		<description><![CDATA[It seems that every day all we hear is more gloom and doom about the economy and the prospects for our future.  While the situation is definitely serious, many have said that it’s as much a “crises of confidence” as anything.  The people are not spending money that does not have to be spent because [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.slocumins.com/wp-content/uploads/2009/10/bob-slocum-cpcu-cic1.jpg" alt="<a href='http://www.slocumins.com/about/meet-our-staff/' rel='external co-worker' title='Bob Slocum'>Bob Slocum</a>" title="<a href='http://www.slocumins.com/about/meet-our-staff/' rel='external co-worker' title='Bob Slocum'>Bob Slocum</a>" width="118" height="148" class="alignleft size-full wp-image-50" />It seems that every day all we hear is more gloom and doom <a href="http://www.slocumins.com/about/">about</a> the <a href="http://www.slocumins.com/tag/economy/">economy</a> and the prospects for our future.  While the situation is definitely serious, many have said that it’s as much a “crises of confidence” as anything.  The people are not spending <a href="http://www.slocumins.com/tag/money/">money</a> that does not have to be spent because they lack confidence <a href="http://www.slocumins.com/about/">about</a> what is going to happen in the future.</p>
<p>While no-one can know what is going to happen tomorrow, I’m as sure as I can be that “this too shall pass”.  I can’t say when, but it will pass for sure.  I know, it’s hard to feel good <a href="http://www.slocumins.com/about/">about</a> it right now, but have faith and be thankful for what you do have.</p>
<p>As I go through my day, I have the opportunity to speak with a wide variety of people and I have noticed recently that most people are much more grateful today for what they do have.  They no longer complain <a href="http://www.slocumins.com/about/">about</a> their crummy job, instead they say “at least I still have a job”.  We all know many people who are less fortunate. It’s no longer all <a href="http://www.slocumins.com/about/">about</a> making lots of <a href="http://www.slocumins.com/tag/money/">money</a>, but rather it’s <a href="http://www.slocumins.com/about/">about</a> maintaining the basics of good health, food and shelter.  It’s as if these hard times have made us all realize the real value of the important things like good health, families and <a href="http://www.slocumins.com/tag/friends/">friends</a>.</p>
<p>I also hear less and less talk <a href="http://www.slocumins.com/about/">about</a> “getting rich quick” and much more <a href="http://www.slocumins.com/about/">about</a> a simple “slow and steady savings” process. I think this is a good thing.  Maybe we are reverting back to the more traditional American values of thrift and savings. It’s no longer <a href="http://www.slocumins.com/about/">about</a> the expensive vacation abroad, it’s more <a href="http://www.slocumins.com/about/">about</a> the weekend camping with the <a href="http://www.slocumins.com/tag/family/">family</a> or fishing with some <a href="http://www.slocumins.com/tag/friends/">friends</a>.</p>
<p>So what’s the point of all this?  Simply that this seems to be a time for everyone to take a breath and relax as much as possible.  Grab hold of your <a href="http://www.slocumins.com/tag/family/">family</a> and <a href="http://www.slocumins.com/tag/friends/">friends</a> and hold on tight.  Make the best of what you do have and be confident that better days are ahead for all of us.  And above all, never give up!</p>]]></content:encoded>
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