Official Missed Fortune Blog

How Can You Count on Your Future Despite Ups & Downs?

March 9, 2010

When the Federal Reserve recently raised interest rates on money it loans to banks from .5 percent to .75 percent, many saw it as positive. A Los Angeles Times article said

“The willingness of policymakers to raise the discount rate is the latest sign that the economy is regaining its footing after falling into the worst financial debacle since the Great Depression.”

And The New York Times said

“The Federal Reserve on Feb. 18 raised interest rates, signaling its confidence in our economic recovery.”

But this news came within the same week unemployment claims unexpectedly went up. And at the same time millions who have already been receiving unemployment assistance are about to see their checks stop coming.

The ripple effect of this, according to the New York Times, is that

“Economists fear that the nascent recovery will leave more people behind than in past recessions, failing to create jobs in sufficient numbers to absorb the record-setting ranks of the long-term unemployed.

“Call them the new poor: people long accustomed to the comforts of middle-class life who are now relying on public assistance for the first time in their lives — potentially for years to come.”

At a time of uncertainty, it’s more important than ever to make your own financial future more certain. Take the lessons of these hard times and find out how to do the following:

Optimize your assets
Identify retirement savings vehicles that are tax-advantaged and provide liquidity, safety, and a healthy rate of return
Stop following the crowd and find a safer path to a more financially abundant life

There are a few things we can count on: Interest rates will rise and fall; the economy will always be cyclical; and overall, taxes will go up.

You should be able to count on your financial future. Find out how today.

Isn’t It Time You Became Wealthy?

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Global Warming is a Government Hoax to Steal Your Money

March 7, 2010

Podcast: Download (22.9MB)

This week Doug Andrew discussed the following:

Upcoming Complimentary Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, March 9th at 11:00 a.m. pacific (12:00 p.m. mountain, 1:00 p.m. central, 2:00 p.m. eastern), and again at 6:30 p.m. pacific (7:30 mountain, 8:30 central, 9:30 eastern).

The topic is “Choosing the Right Investments.” You’ll learn how to maintain liquidity and guarantee safety of principal while earning a healthy, tax-free rate of return that outpaces inflation.

Register now by calling 888-76-Radio (888-767-2346). If operators are busy, please call again.

All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.

Global Warming: Another Government Hoax that Threatens Your Finances

It’s becoming increasingly apparent that global warming is global criminal fraud by the government.

This is yet another force making your dollars worth less and your taxes go up.

Lawrence Solomon published an article in the Financial Post entitled “Enjoy the Warmth While it Lasts.” Contrary to what you’ll hear from mainstream media, he posits that global cooling is a much more likely scenario.

As he says:

“Thank your lucky stars to be alive on Earth at this time. Our planet is usually in a deep freeze. The last million years have cycled through Ice Ages that last about 100,000 years each, with warmer slivers of about 10,000 years in between.

“We are in-betweeners, and just barely — we live in (gasp!) year 10,000 or so after the end of the last ice age. But for our good fortune, we might have been born in the next Ice Age.

“…What a great time of technological and cultural advancement we’ve known, one of unprecedented prosperity, human longevity, and human comfort. For a brief period in the 1970s it appeared to some scientists that the climate that had abetted our prosperity had turned — this was the fear of global cooling that then made headlines. Though many now mock those fears of climate cooling, the scientists were eminent and the science was sound — after all, given Earth’s history through the eons, and the passage of 10,000 years since the last ice age, it was hardly outlandish to believe that time of warmth was up.”

Daniel Henninger, in Real Clear Politics, warns that the credibility of science is on the rocks:

“Surely there must have been serious men and women in the hard sciences who at some point worried that their colleagues in the global warming movement were putting at risk the credibility of everyone in science.”

He concludes with this chilling statement:

“If the new ethos is that ‘close-enough’ science is now sufficient to achieve political goals, serious scientists should be under no illusion that politicians will press-gang them into service for future agendas.”

In other words, we the people will pay dearly for the mistakes of “science.”

Protect Your Money

So what should you be doing? You should be protecting your money from taxes and inflation as much as possible.

And to help you choose the right investments, use the LSRR test:

Liquidity

Safety

Rate of Return

Most investments don’t pass these tests, which puts your hard-earned cash at risk.

Only one accumulation vehicle passes all three: maximum-funded, tax-advantaged life insurance contracts.

Meet with a Missed Fortune advisor to learn how to accumulate, access, and transfer your money tax-free.

Bonus Missed Fortune E-Book: Baby Boomer Blunders

The average Baby Boomer has less than $50,000 accumulated for retirement (which means many have less than that), primarily due to bad habits and having money invested in the wrong places where economic downturns can diminish their nest egg.

Download this e-book now at www.babyboomerblunders.com.

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Learn Now So You Don’t Have to Pay Later

March 2, 2010

Take the money now, pay later.

This is exactly what millions of Americans have hungrily done for years.

Consumed with consumption, they were lulled into a sense of entitlement and security, believing they’d always be able to pay it off down the road.

Then the economic crisis hit.

Since then, jobs have been lost, homes have been foreclosed on, and nearly everyone has had a hard lesson in the dangers of reckless debt.

American consumers aren’t the only ones whose poor financial habits have had to be accounted for.

American financial institutions have had their day of reckoning, and many long-revered companies have been shaken – some, like Lehman Bros. – to their very foundations.

But news of poor financial decisions and subsequent carnage hasn’t stopped there.

Just recently, Greece’s financial woes have rocked Europe’s economy, weakening the euro and threatening to set back the entire continent’s economic recovery.

What’s worse, American financial institutions allegedly helped fuel the fiasco. A New York Times article revealed:

“As worries over Greece rattle world markets, records and interviews show that with Wall Street’s help, the nation engaged in a decade-long effort to skirt European debt limits. One deal created by Goldman Sachs helped obscure billions in debt from the budget overseers in Brussels. Even as the crisis was nearing the flashpoint, banks were searching for ways to help Greece forestall the day of reckoning.”

Whether on a personal, corporate or government level, fiscal irresponsibility can lead to dire consequences.

Whether you’ve been above the fray or found yourself a bit unraveled by your own past habits, there is no better time to set a course for financial responsibility.

It’s imperative to learn to borrow to conserve, not consume, and to prepare for your own retirement so you can enjoy an abundant life now, and later.

Find out now how Successful Asset Optimization strategies can help protect you and your financial future. Because you don’t want to have to “pay later.”

Isn’t It Time You Became Wealthy?

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You Can Count On Your Future Despite Ups & Downs

February 28, 2010

Podcast: Download (23.0MB)

This week Doug Andrew discussed the following:

Upcoming Complimentary Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, March 2nd at 11:00 a.m. pacific (12:00 p.m. mountain, 1:00 p.m. central, 2:00 p.m. eastern), and again at 6:30 p.m. pacific (7:30 mountain, 8:30 central, 9:30 eastern).

The topic is “The IRA & 401(k) Dilemma” You’ll learn how to maintain liquidity and guarantee safety of principal while earning a healthy, tax-free rate of return that outpaces inflation.

Register now by calling 888-76-Radio (888-767-2346). If operators are busy, please call again.

All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.

Don’t Let Market Ups & Downs Get You Down

When the Federal Reserve recently raised interest rates on money it loans to banks from .5 percent to .75 percent, many saw it as positive. A Los Angeles Times article said

“The willingness of policymakers to raise the discount rate is the latest sign that the economy is regaining its footing after falling into the worst financial debacle since the Great Depression.”

And The New York Times said

“The Federal Reserve on Feb. 18 raised interest rates, signaling its confidence in our economic recovery.”

But this news came within the same week unemployment claims unexpectedly went up. And at the same time millions who have already been receiving unemployment assistance are about to see their checks stop coming.

The ripple effect of this, according to the New York Times, is that

“Economists fear that the nascent recovery will leave more people behind than in past recessions, failing to create jobs in sufficient numbers to absorb the record-setting ranks of the long-term unemployed.

“Call them the new poor: people long accustomed to the comforts of middle-class life who are now relying on public assistance for the first time in their lives — potentially for years to come.”

At a time of uncertainty, it’s more important than ever to make your own financial future more certain. Take the lessons of these hard times and find out how to do the following:

Optimize your assets
Identify retirement savings vehicles that are tax-advantaged and provide liquidity, safety, and a healthy rate of return
Stop following the crowd and find a safer path to a more financially abundant life

There are a few things we can count on: Interest rates will rise and fall; the economy will always be cyclical; and overall, taxes will go up.

You should be able to count on your financial future. Find out how today by setting up a free consultation with a Missed Fortune Advisor.

Escape the Pitfalls of Traditional Retirement Plans

When it comes to savings and retirement vehicles, the traditional rhetoric is that you should put your money into “qualified plans” like 401(k)s and IRAs.

For years, Americans have been socking away their investment money in accounts like these, following the crowd, hoping it would ensure the nest egg they want for the future.

The recent economic downturn has all but thrown out the egg and the nest from many Americans’ 401(k) and IRA accounts. Some have lost thousands—others hundreds of thousands—from their traditional retirement accounts.

There are other people, however, who haven’t lost a dime—in fact, they’ve increased their wealth over the past couple years.

What do they know that you don’t?

These people have followed proven but unconventional investment strategies like those described in the Missed Fortune book series.

They know that qualified plans are qualified by the government. And the government is expert at ensuring it gets its money one way or another.

With a 401(k), for example, your taxes may be deferred on the money you invest, but when you withdraw your money after age 59½, you will be hit with taxes.

There are better alternatives for your retirement savings that have all of the advantages that Roth IRAs and 401(k)s offer, but also a considerable amount more.

Consider strategically converting your traditional IRAs and 401(k)s to maximum-funded, tax-advantaged index insurance contracts rather than to Roth accounts.

Using indexing strategies, you can protect yourself from losses and still participate in any upside potential during good years.

Bonus Missed Fortune E-Book: Baby Boomer Blunders

The average Baby Boomer has less than $50,000 accumulated for retirement (which means many have less than that), primarily due to bad habits and having money invested in the wrong places where economic downturns can diminish their nest egg.

Download this e-book now at www.babyboomerblunders.com.

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How Safe is Your Money?

February 23, 2010

Is your money safe?

Customers of 1st American State Bank of Minnesota must have been wondering if theirs was when regulators recently closed its doors for good.

As of February 5, 1st Bank was the sixteenth bank to fail so far in 2010. Last year the U.S. saw the failure of 140 banks, which CNN Money reported was the “highest since 1992, when 181 banks failed.”

While 1st Bank customers were protected by the FDIC, with more bank failures predicted for 2010, you have to ask how prudent it is to keep serious money in the care of banks – especially when the future stability of the FDIC is coming into question.

The FDIC was $8.2 billion in debt as of September 2009, (which included $21.7 billion earmarked for future bank failures). What’s more, too many people hope to get long-term rewards from short-term savings vehicles like banks’ money market, CD and similar accounts.

Now more than ever it is critical to find safe places to put your money.

And it’s important to analyze your options for retirement savings vehicles that will yield optimal long-term benefits, as well as liquidity, rate of return and tax advantages.

Maximum-funded, tax-advantaged life insurance contracts can provide all of the above.

Learn now how these retirement savings vehicles can make a difference for your future. Because you deserve to feel confident that your money is safe.

Isn’t It Time You Became Wealthy?

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Learn How to Leverage OPM to Stimulate Your Personal Economy

February 21, 2010

Podcast: Download (23.0MB)

This week Doug Andrew discussed the following:

Upcoming Complimentary Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, February 23rd at 11:00 a.m. pacific (12:00 p.m. mountain, 1:00 p.m. central, 2:00 p.m. eastern), and again at 6:30 p.m. pacific (7:30 mountain, 8:30 central, 9:30 eastern).

The topic is “Successful Equity Management.” You’ll learn how to maintain liquidity and guarantee safety of principal while earning a healthy, tax-free rate of return that outpaces inflation.

Register now by calling 888-76-Radio (888-767-2346). If operators are busy, please call again.

All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.

Will the Real Obama Please Stand Up?

After catering to moderates throughout his campaign, Obama is proving to be far more liberal than anyone ever suspected him to be.

His agenda is shaping up as one of the most radical since the New Deal, and it will have drastic consequences for Americans.

In an article entitled “Barack Has a Truth Ache,” Michael Goodwin reported in the New York Post:

“[The American people] believed him when he said he was a moderate who would lead from the center. But a clear majority, 54 percent, now says the president is ‘mostly liberal’ and his policies tilt left.

“They’re not happy, because that’s not what they expected or wanted…

“Quite simply, the president is squandering the trust the American people vested in him. It could not be otherwise when so many suspect he pulled the wool over their eyes to get elected.

Analyzing the poll, Gallup editor Lydia Saad writes that only 48 percent of the 1,521 adults surveyed in mid-October say Obama has kept his campaign promises, a sharp decline from the 65 percent who felt that way in April.

The poll, which didn’t track specific policies, leaves little room for doubt, with 48 percent also saying Obama ‘has not’ kept his promises.”

Hopefully, the 2010 elections may overturn the current surge toward socialism.

In the meantime, however, you need to be doing everything you can to create your own economic stimulus plan — because, thanks to liberal policies, taxes will go up and the dollar will be worth less over time.

Economic Stimulus Point: Learn How to Leverage OPM

Sadly, when most Americans think of using other people’s money (OPM), they think of borrowing to purchase consumer goods and depreciating assets, such as cars.

Because of this, we’ve come to think of debt as a bad thing — even though we’re clearly addicted to it.

But debt can be a powerful source of investing when used to conserve and produce, rather than consume.

This is precisely how banks make money — by borrowing OPM at low interest rates, then lending it to other people at higher interest rates.

Wouldn’t you like to learn how to think and operate like a bank? Wouldn’t you like to learn how you can use debt as a tool of production?

To do so, join us on our next webinar, “Successful Equity Management,” then set up a free consultation with a Missed Fortune advisor.

Bonus Missed Fortune E-Book: Baby Boomer Blunders

The average Baby Boomer has less than $50,000 accumulated for retirement (which means many have less than that), primarily due to bad habits and having money invested in the wrong places where economic downturns can diminish their nest egg.

Download this e-book now at www.babyboomerblunders.com.

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Create Your Own Economic Stimulus Plan — Save Yourself Because Big Government Can’t

February 16, 2010

With the economy taking one of its most historic swan dives the past couple years, almost everyone has felt the impact of the global drowning.

Whether you’re in real estate, high tech, financial services, the arts—or even sandwich-making—the ripple effect has been more like a whirlpool for many Americans.

superhero-300x199 Create Your Own Economic Stimulus Plan -- Save Yourself Because Big Government Cant Who’s stepping in to save the day? Who’s going to perform critical emergency resuscitation? Is the government’s economic stimulus package really the thing that will revive us all?

The federal government has been doing its best “lifeguard impression,” reaching out to scoop up the banking, insurance, auto and other industries.

In doing so, the government has undertaken some risky strategies.

The bailout efforts have all but nationalized some sectors while marginalizing others. Funded by tomorrow’s dollars, today’s national debt is astronomical, and it is escalating by the moment.

In fact, half of the $3.6 trillion President Obama has earmarked for the economic stimulus has already gone deficit.

And while many of the banks and institutions that took Troubled Asset Relief Program (TARP) money have already paid that back, the fact is, the federal deficit was about $1.8 trillion for 2009 alone. That was quadruple 2008’s deficit, and it brought our total national debt to nearly $13 trillion.

Is all this emergency intervention the best response? I don’t think so.

Recessions are nothing new. The economy naturally goes up and down; booms and busts are almost as American as apple pie and baseball. The country has gone through at least five major recessions in the past thirty years alone. In fact, on the average, we go through these cycles about every eight years.

Sometimes the cycle lasts longer, such as the 1990-2001 cycle. Sometimes it’s a shorter run, such as the 2002-2008 cycle. And while financial strategists like me argue against intervention, Congress insists on trying to spend the country’s way out of a recession.

But as the past has shown, the results of the government’s efforts are often only short-lived.

Federal financial intervention is sort of like chugging on an energy drink. An energy drink’s infusion of caffeine and sugar provides a boost for a few hours, but once the effects wear off, there’s a big crash that follows.

Right now it might look like the economy is beginning to rebound. But this is likely the impact of federal spending that has caused a surge in housing, a drop in interest rates, and a spike in car sales from last summer’s Cash for Clunkers program.

The long-term effects remain to be seen, because we’re operating on an economic “caffeine and sugar” high.

The reality is that during the last couple years, businesses have suffered, and they have been forced to make changes. They have had to cut costs; they have had to find ways to be more productive; and in many cases, they have had to lay off employees.

Their hard-learned lessons will not be quickly forgotten during the temporary boost from Congress. They have found out their companies can now produce more with fewer expenses and a smaller workforce. They are cautious about re-hiring employees. That’s why we see unemployment remaining high.

In fact, unemployment usually doesn’t bounce back for eighteen to twenty-four months after a recession has flattened out and turned around.

The best advice in these times? Stop waiting for the government to rescue you. Perform your own Creative Practical Recovery (CPR) by identifying your own individual economic stimulus package.

Learn how to protect yourself, your family, and your future using sound and proven strategies and then practice the skills to thrive, no matter what economic storms might be bringing others down.

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Let the Market Hold Businesses Accountable to Grow the Economy

February 14, 2010

Podcast: Download (23.0MB)

This week Doug Andrew discussed the following:

Upcoming Complimentary Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, February 16th at 11:00 a.m. pacific (12:00 p.m. mountain, 1:00 p.m. central, 2:00 p.m. eastern), and again at 6:30 p.m. pacific (7:30 mountain, 8:30 central, 9:30 eastern).

The topic is “Choosing the Right Investments.” You’ll learn how to maintain liquidity and guarantee safety of principal while earning a healthy, tax-free rate of return that outpaces inflation.

Register now by calling 888-76-Radio (888-767-2346). If operators are busy, please call again.

All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.

Get the Government Out of the Way so We can Prosper

The biggest global problem today is politicians interfering in the marketplace. No matter how good their intentions may be, it’s simply impossible to micro-manage economic decisions of millions of people without adverse and unforeseen consequences.

Business can offer high rewards, but it’s also fraught with risk. Entrepreneurs are put through the fire of experience, thus developing the necessary insights and skills to create legitimate value in the marketplace.

In short, they know what works and what doesn’t. They know what people want and what they don’t.

But the government doesn’t know these things. In the name of trying to “help” us and the economy, it does way more harm than good.

Marketplace failures are real-time feedback on what doesn’t work. When the government tries to save and prop up failed businesses, it distorts legitimate marketplace forces.

In the case of our current economic meltdown, banks took outrageous risks and other companies have failed to adapt to market realities.

But why? It wasn’t private sector greed that caused the meltdown; it was government interference.

For example, the government incentivized banks to lower lending standards. Then, when unqualified mortgage holders started defaulting, the government stepped in to save the banks from the very problems the government had created.

How Safe is Your Money?

Customers of 1st American State Bank of Minnesota must have been wondering if theirs was when regulators recently closed its doors for good.

As of February 5, 1st Bank was the sixteenth bank to fail so far in 2010. Last year the U.S. saw the failure of 140 banks, which CNN Money reported was the “highest since 1992, when 181 banks failed.”

While 1st Bank customers were protected by the FDIC, with more bank failures predicted for 2010, you have to ask how prudent it is to keep serious money in the care of banks – especially when the future stability of the FDIC is coming into question.

The FDIC was $8.2 billion in debt as of September 2009, (which included $21.7 billion earmarked for future bank failures). What’s more, too many people hope to get long-term rewards from short-term savings vehicles like banks’ money market, CD and similar accounts.

Now more than ever it is critical to find safe places to put your money.

And it’s important to analyze your options for retirement savings vehicles that will yield optimal long-term benefits, as well as liquidity, rate of return and tax advantages.

Maximum-funded, tax-advantaged life insurance contracts can provide all of the above.

Escape government insanity and risky banks. Create your own economic stimulus plan by scheduling a free consultation with a Missed Fortune wealth advisor now.

Bonus Missed Fortune E-Book: Baby Boomer Blunders

The average Baby Boomer has less than $50,000 accumulated for retirement (which means many have less than that), primarily due to bad habits and having money invested in the wrong places where economic downturns can diminish their nest egg.

Download this e-book now at www.babyboomerblunders.com.

Share and Enjoy:

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With Taxes Rising & the Value of the Dollar Falling, What Should You Be Doing?

February 9, 2010

When David Walker, Comptroller General of the United States Government Accountability Office (GAO), left office about two years ago, he stated he needed to retire so he could tell the American public the truth.

The truth is we currently have national debt that exceeds $13 trillion, which represents a liability of $43,000 per American citizen.

It’s also estimated that this year’s deficit will equal 2009’s deficit and will likely add about $1.6 trillion to the debt.

Yet we continue to experience stagnant unemployment, shrinking tax revenue and a struggling economy for the foreseeable future.

Not only that, but the Trustees of Social Security estimate a current unfunded liability in excess of $100 trillion in 2009 dollars.

This means that the federal government has obligated itself to pay more than $100 trillion over and above any taxes it expects to receive.

In other words, that’s how much would have to be invested at U.S. Treasury rates to pay the future liability owed to Social Security recipients who have faithfully paid into the system during their careers.

Most people can’t even begin to comprehend what $100 trillion is. It’s “100” with 12 zeros to the right. Just $1 trillion would be $1 dollar bills lined up end-to-end from here to the moon and back—200 times!

Even though many believe that Social Security is our greatest entitlement problem, Medicare is six times larger in terms of unfunded obligations, according to David Walker of the GAO.

It would require $700,000 from every full-time working individual in America in order to cover this huge liability. How is that going to happen?

On top of that, Congress estimates that if the proposed health care reform comes to fruition, it will be at an estimated cost of just under $2 trillion during the next ten years.

In the meantime, the interest alone on the national debt accrues at $41 million an hour (just under $1 billion a day)—that’s $690,000 per minute, or $11,500/second!

When individuals find themselves with more outgo than income, they are forced to either cut expenses or increase income. Well, the federal government is definitely not cutting its spending, so it is clear it will be forced to raise taxes dramatically and will likely be printing more money.

The Congressional Budget Office estimates that, by mid-century, a middle income family will have to pay two-thirds of its income in taxes!

I can confidently assure you that:

Your current tax bracket will likely be the lowest bracket you will ever be in, and
Your money will never be worth more than it is today.

So, what should you be doing?

Many smart people are now converting their IRAs and 401(k)s (and other qualified accounts) by doing what I call a “strategic rollout.”

This is a method of taking care of taxes now on those accounts at a lower rate and repositioning the money into vehicles that will accumulate tax free from this point forward and more importantly, will provide tax-free income later.

Why wait for your IRAs and 401(k)s to recover from their losses and then pay tax on that higher amount later? You can either pay the IRS now or you will pay them more later.

Now is the time to convert your IRAs and 401(k)s to better plans. There are safe and proven strategies that will help you get your future back!

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Save Yourself from Obamunism

February 7, 2010

Podcast: Download (23.0MB)

This week Doug Andrew discussed the following:

Upcoming Complimentary Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, February 9th at 11:00 a.m. pacific (12:00 p.m. mountain, 1:00 p.m. central, 2:00 p.m. eastern), and again at 6:30 p.m. pacific (7:30 mountain, 8:30 central, 9:30 eastern).

The topic is “Retirement Planning & Tax Strategies.” You’ll learn how to get money trapped in 401(k)s and IRAs out of them tax-free. You’ll also learn how to maintain liquidity and guarantee safety of principal while earning a healthy, tax-free rate of return that outpaces inflation.

Register now by calling 888-76-Radio (888-767-2346). If operators are busy, please call again.

All attendees receive a bonus hardcover copy of Last Chance Millionaire, Doug Andrew’s New York Times best-selling book.

The Messiah President

Since taking office, President Obama’s greatest frustration has been the U.S. Constitution, which was written to thwart charismatic personalities and political messiahs who promise a free lunch.

Specifically, the founders instituted measures to prevent wealth redistribution, but Obama is bent on bypassing or pushing through them.

Most of Obama’s policies consist of a takeaway from the most industrious and productive citizens and a giveaway to those who make the fewest contributions and take the least personal responsibility.

The results will be to increase the number of potential voters who will receive more tax benefits than they pay for, which will put even further strains on our already bursting national debt.

Bleak National Deficit Forecasts

Regardless of your political leanings, everyone can agree that the national debt is unsustainable, and that swift action must be taken to get it under control.

The New York Times recently reported the following:

“The additional tax cuts and public works spending that President Obama has proposed to spur job creation would add $100 billion to this year’s deficit, bringing it to nearly $1.6 trillion, according to an administration official.

“A deficit of that size for the fiscal year that ends Sept. 30 would be about $150 billion greater than last year’s deficit, which was the highest since World War II.

“Measured against the size of the economy, a $1.6 trillion shortfall would equal almost 11 percent of the gross domestic product. Economists generally consider annual deficits above 3 percent to be unsustainable.”

Entrepreneurs are now spending much more time with accountants in order to save money on taxes. This time comes at the expense of time that could be spent innovating and producing, which would increase tax revenues.

But what should you be doing? How can you save yourself from a bloated government that is coming after your money on all fronts?

Create Your Own Economic Stimulus Plan

You may not be able to personally control what the government does, but there are measures you can take to protect yourself from today’s government spending that will catch up with all of us in the future.

Specifically, if you have money trapped in government-sponsored and -controlled IRAs and 401(ks), you should use a strategic rollout to free that money up and put it into a much better plan.

The Missed Fortune asset optimization strategies provide tax-free growth, tax-free withdrawals, and tax-free transfer to your heirs.

They give you all the benefits of upside market growth, but none of the downside of market losses. Your principal is guaranteed to be kept safe, and you have full liquidity.

This explains why Missed Fortune clients haven’t lost a dime in this distressing economy.

Take ownership for your future by scheduling a free consultation with a Missed Fortune wealth advisor now.

Bonus Missed Fortune E-Book: Baby Boomer Blunders

The average Baby Boomer has less than $50,000 accumulated for retirement (which means many have less than that), primarily due to bad habits and having money invested in the wrong places where economic downturns can diminish their nest egg.

Download this e-book now at www.babyboomerblunders.com.

Share and Enjoy:

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How Can You Count on Your Future Despite Ups & Downs?

Global Warming is a Government Hoax to Steal Your Money

Upcoming Complimentary Webinar

Global Warming: Another Government Hoax that Threatens Your Finances

Protect Your Money

Bonus Missed Fortune E-Book: Baby Boomer Blunders

Learn Now So You Don’t Have to Pay Later

You Can Count On Your Future Despite Ups & Downs

Upcoming Complimentary Webinar

Don’t Let Market Ups & Downs Get You Down

Escape the Pitfalls of Traditional Retirement Plans

Bonus Missed Fortune E-Book: Baby Boomer Blunders

How Safe is Your Money?

Learn How to Leverage OPM to Stimulate Your Personal Economy

Upcoming Complimentary Webinar

Will the Real Obama Please Stand Up?

Economic Stimulus Point: Learn How to Leverage OPM

Bonus Missed Fortune E-Book: Baby Boomer Blunders

Create Your Own Economic Stimulus Plan — Save Yourself Because Big Government Can’t

Let the Market Hold Businesses Accountable to Grow the Economy

Upcoming Complimentary Webinar

Get the Government Out of the Way so We can Prosper

How Safe is Your Money?

Bonus Missed Fortune E-Book: Baby Boomer Blunders

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