From the category archives:

Indexing Strategy

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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Don’t Lose the Financial War

June 20, 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 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 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.

Tax-Payers Versus Tax-Eaters

Many Americans grasp at the hope of a 401(k) taking care of them in their retirement years.

Even after taking huge hits over the last 5 years where most people still don’t have now what they had in 2006, 89 percent of Americans continue to pay into these systems. Why?

Dan Sullivan wrote in the spring edition of The Global Thinker:

“All entrepreneurs today are in a war, whether they realize it or not. They are in the crosshairs of an enemy who wants to make their businesses less successful and less profitable. The war can be stated quite simply, it is between the tax generators and the tax eaters. It is between those who are productive in society and those who live off of others productivity.”

This is important to understand. Taxes are being used less and less for the public good. Instead, they are financing the lives of people who are not giving anything back.

Tax-Eaters want to increase government spending, increase permanent entitlement programs, and increase the number of permanent government jobs.

Understand that the creation of every one of these new jobs is an attack.

Currently 55 percent of people are Tax-Payers. 45 percent are Tax-Eaters — people taking more in social benefits than they pay in.

Over the next 4-8 years there should be a shift over at least 10 percent, increasing the Tax-Eaters in our society.

Why is all of this an issue?

Government Promises are Shaky Ground

This will have dire consequences for all the hard-working people planning their retirements based on the promises of others.

For example, consider the shell game being played in New York. The New York Times writes:

“Pension costs for the state and municipalities are soaring as a result of enhanced retirement benefits for public employees and the decline in the stock market of the past 2 years. Again, given the declines in tax revenues and larger budget short falls, the governments are struggling to come up with the money to make the contributions.”

If cities and states and even corporations continue to borrow money from retirement pools to pay retirement benefits to the beneficiaries, at some point the well is going to dry up.

It is time to take your retirement into your own hands.

Learn to Protect Yourself

Learn to safeguard yourself against the ups and downs of the market. Too many people tolerate market volatility. They suffer from the “that’s just the way it works” mentality.

That is only the way it works if you let it work that way.

You have worked and continue to work hard. You should have the peace of mind knowing that in your retirement years that nest egg will be there for you.

Learn to understand that when the economy goes down you don’t lose and when it goes up you make money. And that money you make can be in a tax-free environment.

Learn the index lock-in and reset strategies and shift your thinking away from trying to time the market.

Over a five-year period you should have a 50 percent increase in your retirement savings. If this isn’t the case, if you are down or barely even, this may not be the effective strategy that so many have been sold on.

Meet with a Missed Fortune strategist to learn how you can win the financial war.

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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Set Up Your Family-Empowered Bank To Limit Taxes

May 2, 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 4th 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.

Family-Empowered Banks Beat IRAs Hands Down

We know that in the next year income taxes will go up at least 5 percent. And the taxes to cover health care reform will be about another 3 percent.

Our clients realize that it’s better to pay taxes now rather than postponing them and paying 8 to 10 percent more if they don’t convert their IRAs and 401(k)s now.

The government currently has $62 trillion in unfunded liabilities. The writing is on the wall: Taxes will go up, as will inflation.

You need to learn how to use the internal revenue code to your advantage to create a family-empowered bank.

In a family-empowered bank using innovative life insurance contracts, your money grows tax-free, you can withdraw it tax-free, and it transfers to your heirs tax-free.

In these life insurance contracts I’ve averaged about 9 and a half percent returns for the last 30 years. About 1 percent of this pays for life insurance, which comes along for the ride and gets paid for by Uncle Sam.

This means I’ve averaged an 8.2 percent cash on cash return. Every $1 million I accumulate generates $70,000 per year of tax-free income.

When I die my family will receive millions of dollars of tax-free life insurance proceeds.

Meet with a Missed Fortune advisor to learn how you can set up your own family-empowered bank.

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 Folly of “Long-Haul” Advisors

April 4, 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, April 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 “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 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.

“You’re In It For The Long Haul”: A Lame Excuse For Poor Performance

Many financial professionals have been saying in various media sources that we’re in a market recovery.

This latest “I told you so” rally is intended to prove that if people would just listen to them and wait out market downturns, everything turns out all right.

They point out that if people would have just “hung in there,” they would have received a 43% return since September 2008.

But let’s analyze this to see what’s really going on. We’ll compare this traditional advice to the Missed Fortune strategies.

Suppose you had $100,000 invested in the market at the beginning of 2007. Most people received an 8 percent return in 2007, which means that you would have ended the year with $108,000.

But in 2008, most Americans lost 31 percent of their investments. Your $108,000 would have dropped $33,480 to a balance of $74,520 by the end of 2008.

Now, following the “You’re in it for the long haul” advice, you keep your money invested in the market.

Assuming the traditional advisors are right and you would have earned a 43 percent return in 2009, you would have gained about $32,000, for a final balance of $106,563.

When you average out that three-year period, it comes to about a 2 percent average rate of return.

Now consider what you would have experienced had you followed the Missed Fortune advice instead.

You start with $100,000. In 2007 you would have earned 8 percent, for the same ending balance of $108,000.

However, in 2008 you would not have lost a dime — you’d still be left with $108,000.

In 2009 you would have made a 16 percent rate of return. This would put your balance up to $125,290.

Bottom line: Following the Missed Fortune strategies instead of traditional strategies would have made you an additional $18,727 in the same three-year period.

What’s more, in these first few months of 2010 our clients have already locked in another 16 percent, so in this example the account balance would now be up to $143,324.

But it gets even better than this. Why? Because you need to factor in taxes to the equation.

Following traditional advice, either this account would have been fully taxable, or at best tax-deferred.

But with Missed Fortune strategies, your accounts grow tax free and provide tax-free withdrawal.

So what’s it going to be for you? Poor and volatile returns with traditional advice, or steady and healthy returns with Missed Fortune?

Set up an appointment with a Missed Fortune advisor now to learn how to get off the traditional roller-coaster and onto the Missed Fortune gravy train.

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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More Foreclosures Ahead

March 16, 2010

Why They Wish They’d Known What They Didn’t Know

The nation’s economic crisis has affected people’s lives in countless ways – even threatening the roofs over their head.

While millions of families faced foreclosure last year, recent articles reveal that economic experts are predicting continued foreclosures this year:

“Experts fear that a new wave of foreclosures will hit this year as prolonged unemployment makes it difficult for millions of homeowners to pay their mortgages — and many of them aren’t likely to get much help from a federal program aimed at keeping them in their houses.” –The Los Angeles Times

“More than five million households are behind on their mortgages and risk foreclosure. The government’s $75 billion mortgage modification plan has helped only a small slice of them. Consumer advocates, economists and even some banking industry representatives say much more needs to be done.” –The New York Times

It’s true in life that often “we don’t know what we don’t know.” And it’s probably safe to assume many families facing foreclosure didn’t know successful equity optimization strategies that could have helped save them from foreclosure.

Do you know what you don’t know?

Do you know the best way to protect yourself from foreclosure is NOT necessarily to pay off your mortgage as quickly as possible?

Do you know how to take the idle equity in your home and put it to work so it can be safe, liquid and earn a rate of return?

Do you know how this could protect you in economic downturns?

Find out more, and find out now, so you can avoid future regrets.

Isn’t It Time You Became Wealthy?

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Save Yourself from Obamunism

February 7, 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 9th at 11:00 a.m. pacific (12:00 p.m. mountain, 1:00 p.m. central, 2:00 p.m. eastern), and again at 6:30 p.m. pacific (7:30 mountain, 8:30 central, 9:30 eastern).

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

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

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

The Messiah President

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

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

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

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

Bleak National Deficit Forecasts

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

The New York Times recently reported the following:

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

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

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

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

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

Create Your Own Economic Stimulus Plan

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

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

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

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

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

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

Bonus Missed Fortune E-Book: Baby Boomer Blunders

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

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

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Should I Keep My Traditional IRA, or Convert to a Roth IRA?

February 2, 2010

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

brokenpiggybank-200x300 Should I Keep My Traditional IRA, or Convert to a Roth IRA?For years, Americans have been socking away their investment money in accounts like these, following the crowd, hoping it would ensure the nest egg they want for the future.

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

Missed Fortune Clients are Safe

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

What do they know that you don’t?

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

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

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

Higher Tax Bracket During Retirement?

You may be surprised to find that most Americans are in as high—if not higher—of a tax bracket when they retire than they were before. Why?

  1. Many of them have paid off their homes, so they no longer benefit from the itemized deduction of mortgage interest.
  2. They also no longer have dependents living with them, so they lose that tax advantage, as well.
  3. And while they were able to postpone taxes during the contribution years, when they start to withdraw their money in retirement, most people find they end up paying back ten to twenty times the amount of taxes saved during their contribution years.

Taxing the Seed vs. the Harvest

If you were a farmer, which would you rather do: 1) save tax on the purchase of your seed in the spring, then pay tax on the sale of your harvest in the fall, or 2) pay tax on the price of the seed, then sell your harvest without any tax on the gain?

Most of us would rather purchase the seed with after-tax dollars and later sell the harvest tax-free. You can learn how to do this now.

Now would certainly be better than tomorrow, or next month, or next year. Your accounts (hopefully) will likely be worth more in the future. And your taxes (unfortunately) will likely be higher.

Wouldn’t you rather get your taxes over and done with now? Especially if your accounts have lost money in the economic downturn, then right now makes more sense than ever to ditch the 401(k) or IRA.

So is a Roth IRA a Good Idea?

What about Roth IRAs or Roth 401(k)s? Many people say these are better from a tax standpoint. Indeed, one of the touted advantages of Roth plans is that you use after-tax money when you contribute, with no taxes on the distribution and withdrawals.

Currently about 13 percent of all IRAs and 401(k)s are Roth, and Congress recognizes more and more people are becoming interested in them.

Why? More people are realizing they would rather get their taxes over and done with now, rather than later. So every so often, Congress makes it appealing for people to convert their traditional 401(k)s and IRAs to Roth accounts.

In 2010, for example, the government will allow you to convert your traditional accounts to Roth accounts and spread the taxes over two years.

This isn’t just generosity on the government’s part. It’s a chance for the government to generate revenue, because when you convert your traditional IRAs and 401(k)s, you pay taxes on that money you transfer.

Again, this is nice, but it’s not out of kindness. It’s just smart business on Uncle Sam’s part—he needs money, and he’s happy to take yours in the form of more taxes.

Safer, More Profitable Alternatives

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

Consider strategically converting your traditional IRAs and 401(k)s to maximum-funded, tax-advantaged index insurance contracts rather than to Roth accounts. Using indexing strategies, you can protect yourself from losses and still participate in any upside potential during good years.

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Where Can I Put My Money Where I Won’t Lose, But Still Enjoy a Good Rate of Return?

January 28, 2010

Traditional financial planning usually offers investors two choices: 1) guarantees with little upside potential, or 2) upside potential with no guarantees.

profitgraph-300x299 Where Can I Put My Money Where I Wont Lose, But Still Enjoy a Good Rate of Return?I prefer to invest my money in safe investment vehicles that have guarantees and allow me to participate in any upside potential.

In a post 9/11 and financial-collapse world, it’s better to use a proven strategy than trying to time the market with investments.

The indexing strategy that I use for my own money works in all markets, it does not require market timing (buying and selling), and it allows me to sleep at night.

Product-Picking & Market-Timing are Horrible Strategies

Most advisors recommend you pick specific products to invest in. Product-picking focuses on the extremes of safety or return, leaves you constantly second-guessing, and it has now been proven not to work.

Therefore, it’s wiser to employ a sound and proven strategy rather than trying to just pick specific products to invest in.

For years I have been recommending that people place their serious cash (such as money earmarked for retirement or their home equity) and keep it in investments that are liquid, safe, and earn a tax-free rate of return.

Only ONE Cash Accumulation Vehicle Offers These 3 Benefits

I choose to put my serious cash in maximum-funded, tax-advantaged (MFTA) life insurance contracts because they are the only investment vehicles that, when properly structured and funded, allow an investor to:

  1. 1Accumulate money safely, tax-free
  2. Withdraw the money later tax-free
  3. Transfer money income-tax free at death.

This is allowed under Sections 72e, 7702 and 101 of the Internal Revenue Code as I teach in my books.

Indexing: Get the Gains with No Losses

For the last 12 years, I have used a strategy called “indexing.” With this, your principal is protected and you don’t lose when the market goes down.

When the market goes up, you are credited whatever the index of your choice earns (like the S&P 500 Index)—up to a cap—without your money actually at risk in the market. Based on what the S&P 500 actually did the last 25-30 years, an average annual crediting rate of 7-8 percent could have been realized.

Some investors who had $100,000 in the S&P 500 during the last 10 years saw their money grow, but then dissipate to $68,000 as of April of 2009.

Had they used indexing, they could have had an account value of $178,000.

With indexing, during a period wherein you experience a gain, that gain is locked in and the point at which you will be credited the growth for the next period is reset. This “lock-in and reset” strategy is what protects you from losses when the market goes down and also allows you to participate immediately in any upside potential when the market starts to head back up—substantially reducing risk.

Proper use of such indexing strategies can help you safely regain what you may have lost and protect yourself so that you never lose again.

Take Action Now

Right now we are seeing upward trends in the market, and a recovery of the financial system. Inventory depletion is also resulting in growth in the economy. But employment will continue to rise, housing prices will likely remain stable, and inflation is around the corner.

But I implore people not to wait for unemployment to rebound before taking action.

Using indexing strategies, many smart and safe savers may have experienced only a 1 percent gain on their money in 2008, but they have already experienced a 12-16 percent gain just last year.

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Create Your Own Economic Stimulus Plan

January 24, 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, January 26th 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 “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 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.

Uncertainty Prevails in the Marketplace

News headlines are rife with troubling economic news. For example, Fortune magazine recently reported that:

“GMAC, the troubled finance company that last week scored a third government bailout, said Tuesday it expects to post a record fourth-quarter loss of $5 billion.”

Early this year Associated Press reported that:

“U.S. consumers and businesses are filing for bankruptcy at a pace that made 2009 the seventh-worst year on record, with more than 1.4 million petitions submitted…The AP gathered data from the nation’s 90 bankruptcy districts and found 1.43 million filings, an increase of 32 percent from 2008. There were 116,000 recorded bankruptcies in December, up 22 percent from the same month a year before.”

Protect Yourself from Uncertainty

The Missed Fortune total asset optimization strategies help you create your own economic stimulus plan and make your future more certain.

This is done by harnessing the power of three miracles:

  1. Compound Interest
  2. Tax-Free Compounding
  3. Safe, Positive Leverage

In addition to other strategies, we use maximum-funded, tax-advantaged life insurance contracts to create all three of these miracles in your life. Furthermore, they offer liquidity and guaranteed safety of principal.

They also provide an indexing strategy, which means that you get all the upside benefits of the stock market, but none of the downside risk.

Isn’t it time for you to get started 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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No, Your Nest Egg is not “Safe Again” if it’s in 401(k)s

January 3, 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, January 5th at 11:00 a.m. pacific (12:00 p.m. mountain, 1:00 p.m. central, 2:00 p.m. eastern), and again at 6:30 p.m. pacific (7:30 mountain, 8:30 central, 9:30 eastern).

The topic is “The 401(k)/IRA Dilemma.”

You’ll learn the best alternatives to qualified plans, which provide liquidity, safety of principal, and a healthy, tax-free rate of return that outpaces inflation. You’ll also learn how not to lose when the economy is down.

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.

Ridiculous Reports from Traditional Financial Planners

Newsweek recently published an article by Linda Stern entitled “Is Your Nest Egg Safe Again?”. The story reports that large investment firms, such as Fidelity and Vanguard, have performed recent studies “showing that most workers have seen their retirement accounts recover to precrash levels…”

But why? According to the article:

“Both firms (Fidelity & Vanguard), which provide 401(k) accounts, reported that most of the workers in their programs now have more money than they did when the stock market started its slide in 2008. The primary reason, they reported, was that continued employee contributions helped to offset declines in balances.”

Huh?

In other words, these funds haven’t grown in terms of a rate of return! Financial services companies with vested interests are trying to pull the wool over your eyes by making you think that everything is okay with risky qualified plans.

Think about it: Your account is worth $100,000. The market tanks and you lose $25,000, so you’re left with $75,000. You then make an out-of-pocket contribution of $30,000, taking your account balance up to $105,000.

You’ve still lost and have not recovered from the $25,000 loss, yet according to large investment firms (which, of course, offer 401(k)s), your account is doing just fine.

To add insult to injury, these deceivers recommend that people nearing retirement age increase their risk to make up for lost time:

“At an age when they are typically told to eschew risk, older workers may need to take on a bit more investment risk in the hopes of snagging bigger returns going forward. People who are five years away from retirement should have 60 percent of their portfolios in stock, argues Christine Fahlund, a senior financial planner at T. Rowe Price.”

If you want to continue losing money, then stick with this advice. But Missed Fortune offers a much better and safer approach.

Escape the 401(k) Trap

Though they’re promoted heavily by the traditional financial services industry, 401(k)s are horrible accumulation vehicles, for the following reasons:

  • They tax your harvest, rather than your seed.
  • Contrary to traditional advice, your taxes will most likely be higher, not lower, in the future because you’ll have far less deductions.
  • The 10% withdrawal penalty prevents you from accessing the money when you need it most.
  • The accounts come with strict and constricting rules, such as mandatory withdrawal by age 70 and a half. If you don’t meet the guidelines you could be subject to a 50% penalty.
  • The accounts are subject to estate taxes, meaning that your heirs could be left with as little as 28% of your account balance when you die.

You need to escape this trap now while taxes are less than they’ll ever be. The Missed Fortune asset optimization strategies provide a way for you to roll your money out of qualified traps and into accounts that solve all the problems of 401(k)s.

Click here to get started 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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