Lou Bufano & Associates

31/01/2024

31/01/2024

27/08/2021

23/02/2021

The recent record breaking snow fall has created some concerns that we didn't have to worry about for some time. Roof collapse from weight of ice and snow, which covers your garage, under your home owners policy, So here is what you should know. That 1966 GTO that you are keeping in the garage for you buddy is not covered under your policy. The car needs its own coverage. Classic car coverage is cheap. Call your agent and get it covered.

11/03/2020

If you have done any work with a Financial Advisor or picked up and read any book on Financial, Estate or retirement planning you would have heard or read that the very first step in any process is "CREATE AN EMERGENCY FUND". by putting away 6 months of income for a 'rainy day'.
Well it's pouring out their and don't you wish you would have taken that advise? But NOOOOO, you wanted to replace that perfectly good vehicle with a new Denali. And, of course, you had to spend a couple of weeks last February in Aruba.
So now that you've learned your lesson (sure). start that fund remembering that a journey of a thousand miles begins with just a single step, Let's start with a goal of one month's income and go from there.

24/02/2020

Information I received from my Estate Planning Attorney.
3M Covid 19 Prep Plan
(Covid 19 is the official name of the caronavirus.

Money Cash Reserve
Remember that emergency fund you were going to
start? Now is the time you need cash on hand.
Meds

90 day supply of all your regular every day meds.
Comfort Care for the Flu, Decongestant, cough
suppressant, Saline Nasal Spray.
Herbal Supplements
Toilet Paper ( China is hording it), Baby wipes, Tissues,
Masks (China is hording them).

Munchies
3 weeks of your regular food supply,
Remember Pets, China is not (producing any)
Non perishables, Canned soup, canned veggies etc.

Not meant to be a complete listing (this is the fine print).

Stay Well.

23/12/2019

I smell a new Farmers Insurance commercial.

Who doesn't love a day out on the water? It's clear these two certainly do.

25/10/2019

Excellent example of why, if you are a member of a board of directors, you should have Professional Errors and Omissions coverage, (E&O).
NO GOOD DEED GOES UNPUNISHED!!

The Times-Picayune/ The New Orleans Advocate reports Pitt and other foundation directors asked the court to remove them from the lawsuit, saying they weren't personally responsible for the construction.

23/09/2019

" I don't care too much for money, money can't buy me love."
Lennon & McCartney

A new paper argues that, actually, winning the lottery totally does make you happy.