From the category archives:

Recession

31 FLAVORS to Create an Abundant Retirement

July 25, 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 27th 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.

Investors Losing Confidence in Traditional Investments

Investors are getting tired of the slow gains for a few years only to have those gains, along with original principal, be lost rapidly.

In 2008, most people lost 31 percent from their IRA and 401(k) and are still not back to what they had in as their initial principal.

Investors are getting fed up with the same traditional advice of investing in IRAs and 401(k)s, to postpone taxes and to have to deal with market volatility for the long-term gain.

According to a new survey from Prince & Associates, 81 percent of investors with $1 million or more in investable assets plan to take money away from their current advisor. An even larger number, 86%, plan to tell other investors to avoid their advisor.

Only 2% plan to recommend their firm to other investors. That’s of critical importance, because wealthy investors often get investment advice from each other.

Deferring taxes to a later date as taxes continue to rise, lacking liquidity, and placing the rate of return for a retirement nest egg in variable products are only three of the major problems with these traditional investments.

How Can You Gain Confidence and Prepare for an Abundant Retirement?

The first step to gaining confidence is to avoid falling into the investment traps that so many others are facing by deciding not to use the same investment advice that they are.

Why would you defer taxes knowing that the trend is that taxes are rising? Why you would place your retirement hopes into a volatile market and hope to time the market correctly?

By learning the 31 FLAVORS of Missed Fortune, you can:

  1. Choose tax-free investments instead of tax-deferred ones
  2. Have liquidity so that you can access your money when you would like to
  3. Enjoy safety of your principal where you can lock in gains using indexing.

FLAVORS stands for “fortunes lost amidst valid optimization and reallocation strategies.” Implementing 2 or 3 of the 31 can generate $70-80 thousand dollars a year for retirement that is tax free and will continue to be replenished year after year no matter what is happening in the market.

The 31 FLAVORS can show you key points in the different financial aspects of your life that can allow you to sleep comfortably at night knowing that you are not gambling with your retirement. They include:

  • 6 FLAVORS regarding choosing the wrong investments for retirement
  • 6 FLAVORS about your home and real estate
  • 3 FLAVORS on proper tax planning and avoiding unnecessary taxes
  • 7 FLAVORS on asset management
  • 5 FLAVORS regarding risk management
  • 2 FLAVORS about credit and debt management
  • 2 FLAVORS on estate planning

Meet with a Missed Fortune advisor and learn how to implement these 31 FLAVORS and guarantee yourself an abundant retirement.

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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Avoid 10 Key Mistakes To Ensure A Fruitful Retirement

July 18, 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 20th 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.

Are You Prepared for the Problem of Long Life?

Many thoughts of long lives and long retirements are of vacation trips, no debt, and plenty of disposable cash on hand to be able to give to your children, grandchildren, favorite charity.

Sadly, for most Americans these remain only thoughts as growing percentage of Americans are outliving the money they have set aside for retirement.

They literally cannot afford a long life. Instead, they become financially depend on others.

It seems absurd that after working an average of 40 years in the richest nation in the world that only a very small percentage of people can afford a long retirement, but that is the reality.

The reasoning is simple. It is because 95 percent of people are investing the same way and making the same mistakes.

The IRA and the 401(k) are the most popular retirement strategies in the U.S. With these strategies people are hoping to grow their investments and postpone taxes until they fall into a lower tax bracket because they are earning less.

This concept is riddled with problems. Most notable is that hopes of being in a lower tax bracket will not be realized because even though there is less income, there are often less deductions as well.

That, mixed with the fact that congress is continually raising taxes, means if anything people should expect higher taxes.

Other people follow the financial advice that paying off all debt will create financial independence.

These strategies implore people to send extra principle payments into their mortgage companies to alleviate themselves of any debt.

This strategy has caused many people to ultimately lose their homes because they lacked liquidity so when the economy dropped they couldn’t even afford to make the scheduled payments.

How Can You Protect Yourself & Afford a Long Retirement?

In order to protect against the common mistakes people are making in retirement planner, it is first necessary to know what these mistakes are.

There are ten mistakes I detail in my e-book, Baby Boomer Blunders, which are as follows:

  1. Short-term investments being used for long-term goals.
  2. Thinking that you will only live, therefore need to budget, for 15-20 years of retirement.
  3. Believing that paying off your home will give you peace of mind.
  4. Believing that $100,000 to $400,000 will be enough of a nest egg to fund your retirement.
  5. Thinking that you will be in a lower tax bracket when you retire.
  6. Believing that deferring taxes on retirement funds saves you on your taxes.
  7. Thinking IRAs and 401(k)s are the best way to fund your retirement.
  8. Reaching retirement age and not drawing out retirement funds from IRAs and 401(k)s because you don’t need the money, instead of doing a strategic rollout.
  9. Viewing retirement as a time when you can do all of the things you always wanted to.
  10. Thinking retirement is the time to coast instead of keeping a purpose.

Meet with a Missed Fortune advisorand learn to avoid the baby boomer blunders and be introduced to the empowering 31 F.L.A.V.O.R.S. of missed fortune.

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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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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Congress Versus Wall Street

June 15, 2010

Everyone can agree that America suffered financial ruin due in part to actions on Wall Street. But not everyone can agree on how to repair Wall Street.

As financial reform passes the Senate and makes its way through the House, the debate rages on.

Too much oversight and regulation, and America’s financial institutions will be stymied – which could kill America’s fledgling rebound. Too little, and practices that led to the collapse could repeat themselves.

A New York Times article reported:

“Despite the outcry from lobbyists and warnings from conservative Republicans that the legislation will choke economic growth, bankers and many analysts think that the bill approved by the Senate last week will reduce Wall Street’s profits but leave its size and power largely intact. Industry officials are also hopeful that several of the most punitive provisions can be softened before it is signed into law.”

If you’re heavily invested in the market, you’re likely heavily invested in the outcome of this legislation. You also likely suffered more loss than you could have ever anticipated over the past couple years, and you’d rather not experience that again.

But what if you could have been spared the loss? What if you, like the people who optimized their assets and put their serious money in maximum-funded, tax-advantaged contracts, could have maintained their principal – even gained a rate of return of 12, 13 percent or more over the past couple years?

There are ways to prepare for your retirement, to secure your future with savings vehicles that provide safety, liquidity, rate of return, and tax-advantaged benefits.

Learn how to protect yourself, so regardless of legislation, or ups and downs in the market, you can move forward toward true wealth on a steadier, safer path.

Learn more about Missed Fortune strategies now, so you can be better off tomorrow.

Isn’t It Time You Became Wealthy?®

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Finding the Light During this Economic Midnight

June 8, 2010

While signs the economy is rebounding continue to shoot up like flares in the night, for too many Americans, it’s still economic midnight.

Families continue to face short sales or foreclosure; those far from retirement continue to dip into 401(k)s and IRA(s) despite early withdrawal penalties; and unemployment continues to paralyze American workers.

A recent New York Times article showed that even though America is seeing an increase in hiring, the unemployment rate isn’t necessarily dropping.

Now many of them [the unemployed] are beginning to look for work again, encouraged by four consecutive months of job growth and reports of a strengthening economy.

But the initial return to the labor force may prove dispiriting, since so many people are already chasing too few jobs.

Because the government does not count people as unemployed unless they say they are actively searching for work, many discouraged people have been hiding in the shadows.

Heidi Shierholz, an economist at the Economic Policy Institute in Washington, estimates about 2.4 million “missing workers” either left the labor force or did not enter it in the last 28 months. That is on top of the 15.3 million people who are officially counted as unemployed.

What can be done to survive hard times?

While circumstances may take a while to change, at least we, personally, can start making changes immediately.

To begin with, we can learn from our mistakes.

As millions of Americans have seen, these times teach us to borrow to conserve, not to consume. How many people have fallen into credit trouble because when times were good, they used credit to buy furniture, cars, ATVs, boats…things they did not need but they wanted?

And millions of Americans have learned that saving for retirement means more than investing money in 401(k)s, IRA(s), stocks or other vehicles that are vulnerable to economic downturns.

Retirement savings vehicles like maximum-funded, tax-advantaged insurance contracts can provide liquidity, safety AND rate of return – which are all equally critical in retirement savings options.

Use these tough times – whether they’ve affected you directly or indirectly – to plan for the future and protect yourself. Find out now how to make wiser choices, and how to obtain True Wealth.

Isn’t It Time You Became Wealthy?®

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Impending Tax Rate Hikes–& What To Do About Them

May 16, 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, May 18th 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.

Impending Tax Rate Increases

The Senate Budget Committee is currently recommending a top tax rate on dividends of 39.6 percent. This represents a 164 percent increase from the current 15 percent.

Add another 3.8 percent on all investment income starting in 2013 required by recent health care bill and you almost triple the top dividend rate to 43.4 percent.

Between corporate and individual dividends, the government can get up to 60 cents on each dividend dollar.

In light of this, it’s ridiculous that some financial advisors continue preaching the same old advice, such as to save in tax-deferred vehicles like 401(k)s.

But who in their right mind would want to defer taxes in this environment?

The classic definition of insanity is to keep doing the same things while expecting different results. And American retirees desperately need different and better results.

From Tax-Deferred to Tax-Free

Simple tax deferral can’t get you the retirement income you need to be secure and comfortable.

You need new strategies that give you tax-free growth, tax-free withdrawal, and tax-free transfer to heirs.

The Missed Fortune strategies provide these benefits.

What’s more, our clients have enjoyed average tax-free returns between 8 and 10 percent for the last four years — the worse economy since the Great Depression.

Meet with a Missed Fortune advisor to learn how to save $1 million that will generate $70,000 annual tax-free income and will last as long as you do.

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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Avoid Stock Market Trauma

May 11, 2010

Recently the Dow set an all-new record –- albeit not a record to be proud of –- when it plunged nearly 1,000 points in a single day of trading before it recovered to a loss of 348 points by day’s end.

Investors around the world watched the free fall in horror, catching their breath as the spiral finally slowed and trading improved.

As it turns out, the drop was in part due to technical errors which in turn triggered further losses, but whatever the cause, the roller coaster ride was enough to leave more than a few investors shaken.

This is just one more example that makes it clear: Serious retirement money can be better off when it is not directly invested in the stock market.

Too many soon-to-be retirees –- and those already in their “golden years” –- find themselves vulnerable to the sharp ups and downs the stock market can bring.

Similarly, those with their money in 401(k)s and IRAs can be significantly impacted by bad days on Wall Street.

On the other hand, these investors want solid returns that help their retirement savings gain momentum.

Safe but sluggish CDs, money markets and similar vehicles can take too long, with too little return to make a difference.

Ideally, it would be nice to find retirement savings vehicles that can benefit from the ups of the stock market, while being protected from the downs.

There is a type of investment that offers this safety and rate of return.

What’s more, it offers liquidity to protect you in times of need. And by properly utilizing indexing, you can take advantage of the up ticks in the stock market, while sparing yourself the agony of the down ticks.

It’s all available through maximum-funded, tax-advantaged insurance contracts; they can provide a best-of-all-worlds solution to retirement planning.

Find out more today so you can feel secure, watching the world ride the ups and downs of the stock market, while you steadily take your journey toward your retirement.

Isn’t It Time You Became Wealthy?

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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)

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 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:

  1. Liquidity
  2. Safety
  3. 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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