From the category archives:

Health Care

Prevent Obama’s Increasing Debts from Bursting your Nest Egg

July 11, 2010

Podcast: Download (22.9MB)

Missed Fortune RadioThis week Doug Andrew discussed the following:

Upcoming Complimentary Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, July 13th 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 “True Asset Optimization: How to Choose 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 1-888-76-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.

Government Confusion Has Led to Gambling Plan

Is our nation’s best hope for an economic recovery left to officials who will continue increasing our debt at an alarming rate?

Nile Gardiner voices his alarm at this question in “America is sinking under Obama’s towering debt”:

“I hope the White House is paying attention to the latest annual Congressional Budget Office Long-Term Budget Outlook, which offers a truly frightening picture of the scale of America’s national debt, with huge implications for the country’s future prosperity. According to the non-partisan CBO, “the federal government has been recording the largest budget deficits, as a share of the economy, since the end of World War II…

“As a result of those deficits, the amount of federal debt held by the public has surged. At the end of 2008, that debt equaled 40 percent of the nation’s annual economic output (as measured by gross domestic product, or GDP), a little above the 40 year average of 36 percent. Since then, large budget deficits have caused debt held by the public to shoot upward; the Congressional Budget Office (CBO) projects that federal debt will reach 62 percent of GDP by the end of this year—the highest percentage since shortly after World War II.”

In the last year the debt has risen from about $11.7 trillion to $14 trillion. And with the baby boomers coming up on retirement needing social security, Medicare and Medicaid, this number should be expected to soar.

As a result about a quarter of the population believes that the economic stimulus package has created jobs. In fact according to a recent Rasmussen report, over 40 percent of the population believes that the economy is now in a worse position as a result of the implementation of this plan.

Social security seems to use the same plan that Bernie Madoff used causing him to go to jail. It simply takes the money from the newer members and uses it to pay off the benefits promised to older members.

The only difference is this “robbing Peter to pay Paul” plan is considered legitimate since is falls under government control.

At this point it seems that the government is confused and policy makers have decided to bet that the private sector can make for some of the stimulus over the next few years.

If they are right they can get a head start on trying to close the budget deficits, but if this gamble is wrong they may set off a vicious new cycle in which drastic spending cuts could greatly weaken the world economy.

How to Protect Yourself?

We can no longer expect the government to fix everything. Those in a position to promote growth should do so.

It is time for individuals to take ownership of their future, health-care needs and retirements and create their own stimulus plan.

In “Create Your Own Economic Stimulus Plan — Save Yourself Because Big Government Can’t” six points are addressed teaching the ways to create economic growth for yourself no matter what schemes the government is trying to ‘fix’ the economy.

The following are the initial three points of this plan that can lead you toward financial growth no matter what is going on in the world economy.

1. Learn how increasing your credit score from 680 to 720 can increase your monthly income by $700 a month.

2. Learn to use $150,000 of equity in your house to create an additional $2.3 million in your retirement.

3. Forget 401(k) and IRA plans and learn to earn, grow and upon death even transfer money tax free.

Meet with a Missed Fortune advisor to gain a greater understanding of these points and learn to avoid being a pawn in the governments stimulus gamble.

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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Big Government Will Further Depress the Economy

July 4, 2010

Podcast: Download (22.9MB)

Missed Fortune RadioThis week Doug Andrew discussed the following:

Upcoming Complimentary Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, July 6th 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 “True Asset Optimization: How to Choose 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 1-888-76-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 Be Fooled by Government Misdirection

Currently the government is trying to use the oil spill crisis as an excuse to push through a cap-and-trade program that would ultimately hurt American taxpayers.

This would only negatively affect the economy and raise energy prices for businesses and families. Cap-and-trade basically constitutes an enormous hidden tax that would be forced upon Americans and would cause a higher rate of joblessness and make a bad economic situation worse.

Our leaders should be focusing on solving problems today, stopping the oil spill, strengthening our economy and creating an environment where job creators can thrive.

Instead, politicians have chosen to focus on growing government — whether through cap-and-trade, costly stimulus bills, auto company bailouts, job-killing legislation, or a health-care law that imposes higher taxes.

The Federal Reserve, who promoted the housing mania, and Treasury Department, who bailed out willy-nilly institutions without any consistent rules, is being granted more powers to try to boost our economy.

Larry Kudlow, author of Kudlow’s Money Politics states:

“Stop the crazy spending and borrowing and stocks will start to rise again while economies push up recovery speed. In the United States and around the world stocks have fallen about 11 percent this spring. It’s a signal of lost confidence. Out of control deficit spending has swept the world toward the leftist vision of big government. We need a return to free enterprise incentives in order to speed up recovery.”

In short, leaders should be focused on cutting spending and borrowing to hold down tax rates and try to restore confidence in private enterprise.

Who Will Make Money on Your Investments?

The government is not and will not be pushing its efforts towards the private sector any time soon.

Instead of sitting idly by waiting to see what will happen, investors should seriously think about taking some of their investments “off of the table.”

Taxes are going to rise January 1, 2011 and investors can expect a 5 percent increase in the capital gains tax. The health care bill has already shown Americans two new surprising tax increases.

In her article “How the New Wealth Taxes Will Hit You,” Laura Saunders writes:

“The health-care bill that Congress passed in March contained two surprising new taxes to help pay for the changes: an extra 0.9% levy on wages for couples earning more than $250,000 ($200,000 for singles) and a new 3.8% tax on investment income on those same people (technically, people with ‘adjusted gross incomes’ above those amounts).

“Each tax signals a radical change in policy. For workers, the extra 0.9% levy puts a progressive element in what used to be a totally flat tax. The 3.8% tax on investment income also knocks down a longstanding wall by applying a ‘payroll’ tax to unearned income. Until now, FICA taxes for Social Security and Medicare have applied only to wages, not investment income.”

With the increase in taxes coming and Obama’s continued push to grow big government, future stocks values will be damaged. Any strong week in the market should be viewed as a great time to sell.

Meet with a Missed Fortune advisor to learn how to protect yourself against these and other impending taxes.

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 is Obama Hurting Your Retirement?

June 27, 2010

Podcast: Download (22.9MB)

Missed Fortune RadioThis week Doug Andrew discussed the following:

Upcoming Complimentary Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, June 29th 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 “True Asset Optimization: How to Choose 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 1-888-76-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.

Democrats’ Attack on America

As more Americans are getting fed up with health-care bills being forced upon us, Obama’s approval ratings have been consistently dropping.

Forbes.com states:

“Suggesting a giant government takeover over a sixth of the economy can’t be a popular selling point in a county whose DNA has a programmed hostility to big government.”

From our nation’s founding, Americans have been cautious of big government.

Our founding fathers sought after a nation that had the consolidated strength of many, while at the same time still safeguarding the citizens from a dominant government that is invasive in their lives.

ObamaCare has thrown those founding principles out the window and is trying to fundamentally change the culture of American life in one fell swoop.

This attempt by the Democratic Party is one of the biggest political mistakes in history.

Dan Sullivan writes:

“The Democratic attempt to put the entire American health care industry under government control is going to destroy the party’s electoral fortunes for several decades if not generations.”

Americans are fed up with the government trying to be able to decide how, where and when they can receive medical services. The pains Americans will feel around this will not stop there, either.

Big Government Forcing Un-Retirement

With government getting bigger, the continuous costs to taxpayers are also increasing.

That, combined with the market upheaval, is causing people to be faced with drastically shrinking nest eggs put away in their 401(k)s.

Many retirees now need to un-retire. Fortune Magazine writes:

“Having to go back to the office when you dream for years about putting in your garden or volunteering can be frustrating and even depressing, but retirement isn’t all it’s cracked up to be either.

“For most productive, well educated men and women an average of 25 years of leisure may be isolating and boring. Returning to work may turn out to be a blessing after all. Remember work is good not only for the cash flow but also in keeping the mind and spirit sharp.”

That is certainly a positive take on a disheartening situation, and there may be many positives to going back to work.

However, wouldn’t it be nice to be choosing to go back to work instead of having to?

Many retirees are no longer faced with a choice like this. Going back to work is becoming a necessity.

Meet with a Missed Fortune advisor to learn how to protect yourself against big government deciding the terms on which you can retire.

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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The Antidote to Costly Health Care Reform

April 13, 2010

Whether you’re for or against President Obama’s health care reform, there’s one thing we’re all in the same boat on: the price tag.

You might want to strap on a life vest.

An online Newsweek article reveals the Congressional Budget Office’s recent estimate of Obama’s budget, which included the health care program.

“From 2011 to 2020, the cumulative deficit is almost $10 trillion. Adding 2009 and 2010, the total rises to $12.7 trillion. In 2020, the projected annual deficit is $1.25 trillion, equal to 5.6 percent of the economy (gross domestic product). That assumes economic recovery, with unemployment at 5 percent. Spending is almost 30 percent higher than taxes. Total debt held by the public rises from 40 percent of GDP in 2008 to 90 percent in 2020, close to its post-World War II peak.”

It’s clear in the coming years the national budget –- and corresponding debt –- could severely affect all of us. What’s worse, America’s woes could impact more than just the USA, as we’ve seen financial ripple effects spread globally.

Even with signs of economic recovery, the future looks anything but balmy. You can find calm waters and pull yourself ashore with smart financial planning.

Take advantage of tax-advantaged retirement savings now. Find out how you can protect yourself so you never have to lose again.

Give yourself an antidote to the future side effects of costly health care reform today.

Isn’t It Time You Became Wealthy?

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The Riddle of 3 Fishermen, Or How the Government Hoodwinks Americans

April 11, 2010

Podcast: Download (22.9MB)

Missed Fortune RadioThis week Doug Andrew discussed the following:

Upcoming Complimentary Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, April 13th 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 “True Asset Optimization: How to Choose 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 1-888-76-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 Riddle of 3 Fishermen — & Government Finances

After a great day of fishing, 3 fishermen check into a lodge. They’re told that a room will cost $30.

Each of them pay $10 and they go up to their room. Later, the receptionist realizes that she overcharged them; the room should have cost $25.

So she gives five $1 bills to the bellboy and asks him to take them to the fishermen. The bellboy, not being very honest, pockets $2, then gives each of the fishermen $1 back.

This now meant that instead of paying $10 per person, they had paid $9 per person. $9 times 3 is 27. Now add the two dollars that the bellboy took and it comes to $29.

Where did the other dollar go?

Listen to the radio show to find out the answer, as well as to discover how it relates to government finances and you.

Health Care Reform is Draining, Not Helping America

Whether you’re for or against President Obama’s health care reform, there’s one thing we’re all in the same boat on: the price tag.

You might want to strap on a life vest.

An online Newsweek article reveals the Congressional Budget Office’s recent estimate of Obama’s budget, which included the health care program.

“From 2011 to 2020, the cumulative deficit is almost $10 trillion. Adding 2009 and 2010, the total rises to $12.7 trillion. In 2020, the projected annual deficit is $1.25 trillion, equal to 5.6 percent of the economy (gross domestic product).

“That assumes economic recovery, with unemployment at 5 percent. Spending is almost 30 percent higher than taxes. Total debt held by the public rises from 40 percent of GDP in 2008 to 90 percent in 2020, close to its post-World War II peak.”

It’s clear in the coming years the national budget –- and corresponding debt –- could severely affect all of us.

What’s worse, America’s woes could impact more than just the U.S., as we’ve seen financial ripple effects spread globally.

Even with signs of economic recovery, the future looks anything but balmy. For example, according to experts 10 states are currently on the brink of insolvency.

You can find calm waters and pull yourself ashore with smart financial planning.

Harness the power of tax-advantaged retirement savings now. Find out how you can protect yourself so you never have to lose again.

Give yourself an antidote to the future side effects of costly health care reform today by meeting 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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America’s Health Care Tragedy & Your Finances

March 28, 2010

Podcast: Download (22.9MB)

Missed Fortune RadioThis week Doug Andrew discussed the following:

Upcoming Complimentary Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, March 30th 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 1-888-76-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.

America’s Health Care Tragedy

With the recent passage of the health care bill, liberals have struck one more blow to the American spirit.

If things continue toward socialism, the America we grew up in and love will be lost for our children and grandchildren.

We’re heading towards income tax rates for average Americans of 50 - 60 percent. And the bill is having immediate impact on American businesses.

Claudia Cowan recently wrote an article entitled “On the Tab: Food, Drinks, & Health Care.” She reports:

One of the provisions in the new health care law requires small businesses to provide coverage for workers. Such an ‘employer mandate’ has been in place in San Francisco, Calif., for over a year. The mandate has earned mixed reviews at best.

“Under the law, businesses with 20 or more employees are required to provide medical coverage, either on their own or by paying into a city-run program. That’s what most restaurants are doing — albeit grudgingly.

“To cover the cost, owners are either having to raise their menu prices or tack on a so-called ‘Healthy Surcharge’ onto the tab. At some places, it’s around 4 percent of the check. Others charge a flat fee of a dollar or two.

“Either way, customers are footing the bill for the health care of their waitstaff, busboys, and cooks…”

Beginning in 2013, investors will also start feeling the oppression of Obamacare. As Associated Press reports in an article entitled “Health Bill Extends Wage Tax to Investments”:

“High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama’s health care overhaul bill…

“A new 3.8 percent tax would be imposed on interest, dividends, capital gains and other investment income for individuals making more than $200,000 a year and couples making more than $250,000.

“The bill also would increase the Medicare payroll tax by 0.9 percentage point to 2.35 percent on wages above $200,000 for individuals and $250,000 for married couples filing jointly.”

Take Ownership For Your Future

We can’t depend on the government to take care of us. The government is simply plunging America deeper and deeper into debt and taking from those who produce to support those who do not.

Producers must take ownership for their future. You need to be proactive about retirement planning. You need to save yourself because big government can’t.

Specifically, you need to learn how to invest wisely. You need to invest in strategies and products that give you the following benefits:

  • Tax-free growth, tax-free withdrawal, and tax-free transfer to heirs.
  • Liquidity.
  • Safety of principal.
  • A healthy rate of return that outpaces inflation.

Taxes are going up and the dollar will be worth less. So what are you going to do about it?

Meet with a Missed Fortune advisor to learn how you can secure your future against an increasingly-intrusive and inept government.

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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Escape a Bloated Government & Herd Mentality to Thrive Economically

January 31, 2010

Podcast: Download (23.0MB)

Missed Fortune RadioThis week Doug Andrew discussed the following:

Upcoming Complimentary Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, February 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 “True Wealth & Asset Optimization.” 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.

Escape the Slow & Bureaucratic Leviathan

Government today is like a huge beast whose brain is dead but whose body keeps growing.

To feed this bloated beast and keep it on life support, more money and resources must be continually seized from the private sector, where all new wealth is created.

The new technology-based economy is incredibly fast and adaptable, and the 20th Century institution of government simply can’t keep up.

If ObamaCare comes to pass, it will be extraordinarily too big and too slow.

So what should you be doing? How can you escape Leviathan? You must create your own economic stimulus plan. Save yourself because big government can’t.

One Legitimate Solution: A National Flat Tax

Americans collectively spend 7.6 billion hours per year filling out IRS tax forms. That represents 3.8 million full-time employees complying with the tax code.

What would happen to our nation’s productivity if each citizen could complete his or her tax return in one hour?

We could accomplish this by exchanging our complicated tax system for a national flat tax.

Not only would this be more convenient, but it would also encourage investing and stimulate the economy.

Our current tax system and retirement options penalize investors for being smart and saving through the years. Those who save in the government-sponsored programs get hit with monstrous taxes upon retirement.

Break Free from the Herd

95% of Americans are saving in IRAs and 401(k)s. And guess what — it’s not working for them!

Don’t follow the herd and don’t listen to mainstream media. Rather, find out why Missed Fortune clients haven’t lost a dime in this horrible economy and how they’re getting tax-free growth, tax-free withdrawal, and tax-free transfer to their heirs upon death.

Get started now with your own economic stimulus plan.

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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The Government’s Day of Reckoning

December 27, 2009

Podcast: Download (23.0MB)

Missed Fortune RadioThis week Doug Andrew discussed the following:

Upcoming Complimentary Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, December 29th 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 “True Wealth & Total Asset Optimization: How to Establish Your Own Family-Empowered Bank.”

You’ll learn how to safely accumulate an additional $1 million tax-free that can generate $70,000 per year in tax-free income. This is much better than receiving $100,000 per year from a 401(k), IRA, or other vehicle that requires you to pay taxes on the back end.

Register now by calling 888-76-Radio (888-767-2346).

Just for registering you’ll receive a bonus e-book and audio book on the IRA/401(k) dilemma.

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

The Day of Reckoning

The verdict is in: Our government is headed toward disaster.

Social Security — the biggest ponzi scheme on the planet, is already technically bankrupt.

The current Social Security debt stands at $60 trillion. Due to inflation, its current unfunded liability is $100 trillion.

One crippling force catching up to us is age demographics. When Social Security was introduced there was one recipient for every 60 workers. Within a decade of instituting the ill-fated program the ratio was one recipient to 15 workers. By 1986 the ratio was one recipient per every 6 workers.

The current ratio is one Social Security benefit recipient per every 3-4 workers.

For the first time in history, in the first week of October of this year Social Security paid out more in benefits than it received in taxes. This wasn’t predicted to happen until 2042.

If those statistics aren’t enough to jolt you, consider this: Medicare has six times the amount of unfunded obligations than Social Security.

Our national debt stands at $11.7 trillion, which would require $38,000 per citizen to pay off. National health care alone will add another $2 trillion.

The Congressional Budget Office estimates that by mid-century a middle income family will have to pay over 2/3rds of its income in taxes.

And let’s not forget about inflation.

Meanwhile, Congress is preoccupied rearranging the deck chairs on the Titanic.

Why doesn’t the government have to live basic economic principles like the rest of us?

The answer is simple: Because it has the power to print money and take it forcefully from wage earners.

This recklessness, foolishness and oppression is unsustainable. At some point there will be a day of reckoning.

The question is, what are you doing about it?

Your Personal Economic Stimulus Plan

While you can’t control what the government does, you can control your own finances. You need a personal economic stimulus plan to help you outpace inflation and minimize taxation.

And the Missed Fortune strategies provide both of these through specific asset optimization strategies, as well as properly structured maximum-funded, tax advantaged insurance contracts.

Get started now with your economic stimulus plan.

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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Health Care Reform: Elitism Masked as “Caring”

December 20, 2009

Podcast: Download (23.0MB)

Missed Fortune RadioThis week Doug Andrew discussed the following:

Upcoming Complimentary Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, December 22nd 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 “True Wealth & Total Asset Optimization: How to Establish Your Own Family-Empowered Bank.”

You’ll learn how to safely accumulate an additional $1 million tax-free that can generate $70,000 per year in tax-free income. This is much better than receiving $100,000 per year from a 401(k), IRA, or other vehicle that requires you to pay taxes on the back end.

Register now by calling 888-76-Radio (888-767-2346).

Just for registering you’ll receive a bonus e-book and audio book on the IRA/401(k) dilemma.

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

The Elitism of Health Care Reform

On July 22nd, 2009, James Lewis published an article in American Thinker entitled “Does Ted Kennedy Deserve His Extended Cancer Care?”

Prior to his death caused by brain cancer, Mr. Kennedy stated that nationalized health care was “the cause of his life.”

According to the article, the question that none of the health care reformers have been asking is this: “Is Senator Kennedy’s life valuable enough to dedicate millions of dollars to extending it another month, another day, another year?”

The article continues:

“The socialist question…must be whether extending Senator Kennedy’s life by another day, another month or year is socially valuable enough to pay for what is no doubt a gigantic and growing medical bill. Kennedy is a US Senator, and all that money has been coughed up without complaint by the US taxpayer. Kennedy is already entitled to Federal health care, and it is no doubt the best available to anyone in the world…

“…There’s only so much money available…Who deserves to live, and who to die? But nobody debates any more about who has the power to make that decision. In socialist Europe the State does. It’s a done deal.”

There is a growing perception that the political establishment in Washington is a self-serving, special interest clique that looks after its own before any other concern.

Legislation is designed to award its authors first before anyone else — all paid for by tax money. The budget deficit in 2009 quadrupled that of 2008.

Create Your Own Economic Stimulus Plan

With all of the bailouts, bureaucratic tinkering, and Washington favoritism, things are getting worse and worse for the average American. Taxes are going up and the value of the dollar is going down.

We’re operating on an economic caffeine and sugar high, which will inevitably crash.

The best response is to save yourself — because big government can’t. You need to perform “CPR” on your finances, meaning “Creative Practical Recovery.”

The Missed Fortune concepts, strategies and products provide a much-needed individual economic stimulus package for savvy investors. They provide the following:

Isn’t it time for you to get started with your personal economic stimulus plan?

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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The Health Care Debacle & Future Innovation

December 13, 2009

Podcast: Download (23.9MB)

Missed Fortune RadioThis week Doug Andrew discussed the following:

Upcoming Complimentary Webinar

Attend our free 90-minute webinar live over the Internet this coming Tuesday, December 15th 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. Specifically, you’ll learn how you can get the money trapped inside of 401(k)s and IRAs out of them through a strategic rollout, then position your money to grow and be accessed completely tax-free.

You’ll learn how to safely accumulate an additional $1 million tax-free that can generate $70,000 per year in tax-free income. This is much better than receiving $100,000 per year from a 401(k), IRA, or other vehicle that requires you to pay taxes on the back end.

Register now by calling 888-76-Radio (888-767-2346).

Just for registering you’ll receive a bonus e-book and audio book on the IRA/401(k) dilemma.

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

The Flawed Health Care Plan

Three simple points slice through the current health care debate and expose the flaws of the proposed plan:

  1. Job Mobility
  2. Non-Citizenship
  3. Conscious Risk Taking

The debate is largely driven by the number of 46 million Americans who are uninsured.

However, about half of those are people between jobs, and of the remaining, about half of them are non-citizens. There are still others who consciously choose to not pay for health care even though they are capable of doing so.

According to George F. Will in an article on Townhall’s website:

“Although 70 percent of insured Americans rate their health care arrangements good or excellent, radical reform of health care is supposedly necessary because there are 45.7 million uninsured. That number is, however, a ’snapshot’ of a nation in which more than 20 million working Americans change jobs every year. Many of them are briefly uninsured between jobs.

“If all the uninsured were assembled for a group photograph, and six months later the then-uninsured were assembled for another photograph, about half the people in the photos would be different.

“…About 21 percent — 9.7 million — of the uninsured are not citizens. Up to 14 million are eligible for existing government programs — Medicare, Medicaid, SCHIP, veterans’ benefits, etc. — but have not enrolled. And 9.1 million have household incomes of at least $75,000 and could purchase insurance. Those last two cohorts are more than half of the 45.7 million.”

This means that the whole basis of the debate is misguided.

But the bigger problem is that the plan will stifle innovation and entrepreneurship. American society creates endless numbers of innovators who are always creating new products, services, processes and experiences. We’re an entrepreneurial society.

Currently about 55% of people in American paying more in taxes than they receive in social benefit programs. If the state planners get their way, that number is going to get worse — there will be less and less people paying for more and more of the social benefits.

This will destroy incentives for entrepreneurship in the long-term.

Imposing a bureaucratic, forced health care system on a nation of innovators is doomed. It will add another $2 trillion to the national deficit this decade alone. That’s on top of the $1.8 trillion added this year that currently costs us about $1 billion a day in interest.

Prepare Yourself for the Future

The bottom line is that taxes will go up and the value of the dollar will continue to diminish. You must face those facts and do something about them.

On both of those fronts, traditional accumulation vehicles automatically set you up for failure. They may provide tax deferral, but you’ll be in a higher tax bracket when you retire and your funds are subject to taxes.

Furthermore, they subject you to market volatility, which dramatically reduces your potential returns.

Missed Fortune strategies provide solutions for both of those problems. We use indexed insurance contracts, which provide safety of principal, tax-free growth, tax-free withdrawal, and tax-free transfer to heirs.

Isn’t it time for you to get started with your Missed Fortune plan?

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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