From the category archives:

Entrepreneurship

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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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 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.

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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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Missed Fortune RadioThis week Doug Andrew discussed the following:

Upcoming Complimentary Webinar

Attend our free webinar live over the Internet this coming Tuesday, November 17th at 11:00 a.m. pacific (12:00 mountain, 1:00 central, 2:00 eastern), and again at 6:30 p.m. pacific (7:30 mountain, 8:30 central, 9:30 eastern).

Don’t miss your chance to understand how to protect your money during this economic crisis and get competitive rates of return during the good years.

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 60-page custom financial report, which identifies where you are financially, then illustrates where you could be 15-20 years from now if you implement the Missed Fortune strategies.

Stock Market Mysteries

On November 3rd, Daniel Gross with Newsweek published an article entitled “Stock Market Mysteries.” “If the economy’s stagnant, why are stocks up?” the article asks.

Mr. Gross points out that, although the “S&P 500 has risen 53 percent since the March bottom” and “the economy expanded at a 3.5 percent rate in the third quarter, unemployment is high, incomes are stagnant, and consumers are shaky.”

The article then explains the following reason behind this seeming contradiction:

“For much of the past two years, virtually all growth in economic activity has taken place outside America’s borders. As a result, U.S.-based companies are becoming even more reliant on non-U.S. customers and operations for sales.”

Furthermore, the issue isn’t that we’re exporting goods, but rather that we’re “making goods overseas and selling them overseas.”

So what does it mean for you? It means that we’re still in for hard times in America, regardless of a deceiving rise in the stock market.

It means that the government will continue printing money and raising taxes, which means your money will be worth less in the future and you’ll never be in a lower tax bracket than you’re in today.

So what can you do about it? Harness the power of the Missed Fortune strategies.

You Need a Private Retirement Planning Strategy

You can’t depend on big government to save you. You must act wisely to protect your money from inflation and taxation.

You need a strategy that will give you the following:

  1. Tax-free growth.
  2. Tax-free withdrawal.
  3. Tax-free transfer to your heirs.
  4. Penalty-free liquidity.
  5. Guaranteed safety of principal.
  6. The ability to earn a rate of return when the market goes up, while never losing money when it goes down.

There’s only one place under the IRS code to get all these things, and that’s in a maximum-funded, tax-advantaged cash value life insurance policy.

Get started now with your private retirement planning strategy to take advantage of these exclusive benefits.

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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Missed Fortune RadioThis week Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free webinar live over the Internet this coming Tuesday, October 27th. The event will be held at two times. The first will be at 11 a.m. pacific time (12 p.m. mountain, 1 p.m. central, 2 p.m. eastern), and the second at 6:30 p.m. pacific (7:30 p.m. mountain, 8:30 p.m. central, 9:30 p.m. eastern).

Don’t miss your chance to understand how to protect your money during this economic crisis and get competitive rates of return during the good years. This strategy is called indexing and you need to know all about it. To register call 888-76-Radio (888-767-2346).

Just for registering you’ll receive a free e-book and audio book on the IRA/401(k) dilemma. Admission is free for Missed Fortune Radio subscribers and listeners. All attendees will receive a free copy of Last Chance Millionaire, Doug’s New York Times best-selling book.

California’s Meltdown: A Foreshadowing of Our National Fate

What will happen if the recommended policies of the Obama administration are instituted?

California’s crisis is a predictor. The state has one of the highest income tax rates, many of its cities have the highest unemployment rates in the nation, and many entrepreneurs are fleeing the state in search of business-friendly states.

If the government doesn’t stop its excessive spending it will have to raise revenues. This means that your money will never be worth more than it is now, and that you’re in the lowest tax bracket you’ll ever be in.

Right now the economy is running on the artificial high of the stimulus packages. These are like caffeine and energy drinks — they’ve bumped up the economy but there will be an inevitable crash.

We’ve got to start nourishing the economy correctly with a healthy diet of entrepreneurship, lower taxes, decreased regulation, and fiscal responsibility.

How Can You Prepare Financially?

You’ve got to hide your assets from taxation and get them working for you using the Missed Fortune asset optimization strategies.

2-Day True Wealth Transformation Clarity Retreat

Our retreats help you optimize your assets, manage your equity, and empower your wealth.

Our next retreats are November 6th and 7th in San Diego, California, and November 20th and 21st in Salt Lake City, Utah. Contact us now to learn more and to register.

Free Missed Fortune E-Book: Baby Boomer Blunders

The Problem? 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 free e-book now at www.babyboomerblunders.com.

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Missed Fortune RadioDid you miss this week’s show? Doug Andrew discussed the following:

Upcoming Free Webinar

Attend our free webinar live over the Internet this coming Tuesday, October 20th. The event will be held at two times. The first will be at 11 a.m. pacific time (12 p.m. mountain, 1 p.m. central, 2 p.m. eastern), and the second at 6:30 p.m. pacific (7:30 p.m. mountain, 8:30 p.m. central, 9:30 p.m. eastern).

Don’t miss your chance to understand how to protect your money during this economic crisis and get competitive rates of return during the good years. This strategy is called indexing and you need to know all about it. To register call 888-76-Radio (888-767-2346).

Just for registering you’ll receive a free e-book and audio book on the IRA/401(k) dilemma. Admission is free for Missed Fortune Radio subscribers and listeners. All attendees will receive a free copy of Last Chance Millionaire, Doug’s New York Times best-selling book.

The Best Way to Get Out of Debt

Many financial “experts” teach people to pay off their homes as quickly as possible, often recommending a 15-year mortgage. Many programs exist for helping people pay extra mortgage principal.

There’s a much smarter way to do this that will pay off your mortgage quicker and safer. It helps you maintain liquidity and preserve your principal while earning a healthy rate of return.

Rather than pay extra on your mortgage, get the longest mortgage as possible. Pay what you would have paid in principal into a systematic account (attend our next webinar to find out what this account should be).

Based on a conservative rate of return, by doing this you’ll be able to pay off your home two and a half years earlier than the approach outlined by other advisors. Furthermore, on a $150,000 mortgage you’ll have $25,000 left over.

Current Events Commentary: The Dangers of Unionization

The Obama administration and the Democratic congress are pursuing two bills to beef up unions in America.  The first is “card check” legislation, which would persuade employees to sign a card to join a union. The second would make health benefits  taxable except those of union members.

If they succeed in their goals to strengthen unions and increase union membership, the cost to America will be deep and damaging. We’ll have less innovation and entrepreneurship and more bureaucracy and entitlement.

This adds to the financial storms brewing that you must prepare for.

Free Missed Fortune E-Book: Baby Boomer Blunders

The Problem? 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 free e-book now at www.babyboomerblunders.com.

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America faces a defining struggle between those who understand that prosperity comes from entrepreneurial production and politicians and bureaucrats who think it is the result of government regulation and subsidies.

It’s critical to understand the truth in an age of soaring federal budget deficits, the plummeting value of the dollar, and general economic decline.

Watch this brief YouTube video to learn more:

If you are getting this feed in RSS or email and cannot see the video, please click on the header to view it on the blog.

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Missed Fortune RadioDid you miss this week’s show? Doug Andrew discussed the following:

Attend our one hour event live over the Internet this coming Tuesday, October 6th. We’re holding it at two times, the first at 11 a.m. Pacific/1 2 Noon Mountain/1 p.m. Central, and the second at 6:30 p.m. Pacific/7:30 Mountain/8:30 Central. Don’t miss your chance to understand how to protect your money during this economic crisis and get competitive rates of return during the good years. This strategy is called indexing and you need to know all about it. To register call 888-76-Radio (888-767-2346).

Just for registering you’ll receive a free e-book and audio book on the IRA/401(k) dilemma. Admission is free for Missed Fortune Radio subscribers and listeners. All attendees will receive a free copy of Last Chance Millionaire, Doug’s New York Times best-selling book.

It’s time to save yourself because big government can’t. Politicians are experts at finding bad news, but they’re out of touch with reality. Innovations and technological breakthroughs are happening all around us every day. The innovation, resilience, and responsibility of the American people is what will save us from our current troubles, not more government spending and stimulus packages.

It’s time to jump off the government’s sinking ship and board your own lifeboat instead. But how? By being wiser about your financial strategies.

There are three ways to save money:

  1. Taxable savings accounts (mutual funds, cds, money markets, etc.).
  2. Tax-deferred accounts (IRAs, 401(k)s, etc.).
  3. Tax-free accounts (properly structured and funded life insurance contracts). These offer full access, no penalties upon withdrawal, they grow tax-free, they can be accessed tax-free, and they transfer tax-free income to your heirs upon death.

It’s critical to understand the time value of money to realize how important taxes are to the equation. A dollar doubling every period for 20 periods grows to $1 million if it grows tax free. However, if you’re in a 25% marginal tax bracket it will only grow to $72,000 if it’s taxed during growth. Shelter your accounts from taxes to harness the time value of money.

The cost of waiting can be devastating. Every 90 days you go without implementing our specialized asset optimization strategies can result in a loss of $100,000 or more of retirement resources when taxes are calculated into the equation.

FREE Missed Fortune E-book: Baby Boomer Blunders. THE PROBLEM? 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 at www.babyboomerblunders.com.

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Missed Fortune RadioDid you miss this week’s show? Doug Andrew discussed the following:

We want to welcome KSL1160 and 102.7 in Salt Lake City, Utah and KNEW Talk 910 in San Francisco, CA to Missed Fortune Radio

Companies are born, rise, fall, and die.

Everything that the pundits on the left are pushing for is opposed to the dynamic way that America has worked for more than 23 decades.    Without failure the culture of risk fades.  Without risk creativity withers.  The more government meddles in our affairs,the more everything will get fouled up.

What are the seven qualities that Americans have enjoyed that my friend Dan Sullivan calls The American Center? 1) Individualism 2) Ingenuity 3) Being Exceptional 4)  Growth 5) Transformation 6) Winning 7) Transcendence

Why do Financial Advisors not want you to move your money? Did you know that most financial professionals only get compensated when your money is being managed by them.    When you transfer money to safer places, they lose their compensation.  That’s why they tell you to stay the course.

You need to get your money repositioned. One way to make this happen is through a strategic roll out. It could take you 10 years at 7% to make back and recoup what you lost in the market.  If that really does happen, would you rather have that come back in a taxable or a tax free environment.  To do this in a tax free environment, strategically roll that money out and put it into something that is tax free from today forward.

You do this in three steps 1) Transfer out the money and pay the taxes 2) Reposition the money in vehicles that are tax-free going forward and 3) Offset some or all of the income taxes incurred through new deductions or strategies.

Attend our one hour event live over the internet this coming Tuesday, July 21st at 11 am or 6 pm: Don’t miss your chance to understand how to protect your money during this economic crisis and get competitive rates of returns during the good years. This strategy is called indexing and you need to know all about it. Call 888-76-Radio (888-767-2346) to register for either 11am or 6pm. You can register here to attend live over the internet.

Three choices for your money: 1) Fixed Rate Instruments - Your money is put into relatively conservative financial instruments that generally have lower rates of return. 2) Variable Products - These are products that allow you to have great returns of 20-30% during the good years but during economic hard times you can also lose 30% or more. 3) Indexed Products (the middle ground) - This type of financial product gives you returns that are greater than the rate of inflation during good years but keeps your money safe so you don’t lose a dime when the market goes down.

FREE Missed Fortune E-book: Baby Boomer Blunders. THE PROBLEM? 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 at www.babyboomerblunders.com

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Missed Fortune RadioDid you miss this week’s show? Doug Andrew discussed the following:

The economic system isn’t fragile like politicians think it is.  Many politicians have never ran so much as a candy store and have no idea what free markets are all about.

Some economists believe that if significant institutions fail, the system will implode.  The evidence points to the opposite conclusion.   The financial system is robust and can deal with the failure!

The current situation needs leadership.  Where is that leadership?  Which sector of society is more likely to provide solutions and creativity?  Government or Entrepreneurs?  Is it the sector of entrenched inefficient wasteful bureaucracy or innovative resourceful entrepreneurs?

The goal of Missed Fortune radio is to give you clarity about how you can take proactive action to regain what you’ve lost and then protect yourself so that you never lose again.  One way to make this happen is through a strategic roll out.

Attend our one hour event live over the internet this coming Tuesday, July 21st at 11 am or 6 pm: Don’t miss your chance to understand how to protect your money during this economic crisis and get competitive rates of returns during the good years. This strategy is called indexing and you need to know all about it. Call 888-76-Radio (888-767-2346) to register for either 11am or 6pm. You can register here to attend live over the internet.

Three choices for your money: 1) Fixed Rate Instruments - Your money is put into relatively conservative financial instruments that generally have lower rates of return. 2) Variable Products - These are products that allow you to have great returns of 20-30% during the good years but during economic hard times you can also lose 30% or more. 3) Indexed Products (the middle ground) - This type of financial product gives you returns that are greater than the rate of inflation during good years but keeps your money safe so you don’t lose a dime when the market goes down.

FREE Missed Fortune E-book: Baby Boomer Blunders. THE PROBLEM? 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 at www.babyboomerblunders.com

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