From the category archives:

Mortgage

Stock Market Mysteries: Why the Economy’s Down but Stocks are Up

November 15, 2009

Podcast: Download (23.0MB)

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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Don’t Pay Down Your Mortgage?

November 5, 2009

There are a lot of programs to help you pay down your mortgage more quickly than the loan terms specify.

Unfortunately, most of these actually cost you money and time, rather than saving them.

In contrast, Doug Andrew advises clients to keep their mortgage as high as possible. Why? For many reasons, including the following:

  1. It keeps your money liquid and accessible.
  2. It helps you keep your principal safe by protecting you from depreciation.
  3. You can earn a higher rate of return by putting the money that would have gone into extra mortgage payments into investment vehicles.
  4. Most importantly, it gives you lucrative tax advantages.

Many people who have tried to pay down their mortgage principal are now losing their homes to foreclosure. They had no liquidity.

Doug outlines a strategy for paying down your mortgage even sooner, but much safer, than the typical programs.

*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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The Quickest, Smartest, & Safest Way to Get Out of Debt

October 18, 2009

Podcast: Download (23.0MB)

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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Avoid a $100,000 Loss, Start Optimizing Assets Now!

August 12, 2009

FACT: Every 90 days that go by without implementing the Missed Fortune Asset Optimization Strategies can result in a loss of $100,000 or more in future retirement resources for the average client when tax savings are calculated into the equation.

Why is that?

If you’re feeling a bit skeptical, that’s understandable. The average client who comes to implement the Missed Fortune Asset Optimization, Equity Management, and Wealth Empowerment strategies is skeptical at first, too.

New clients wonder how we can dramatically increase their retirement resources by repositioning assets (often those that have not been optimized) without increasing their outlay one dime.

The fact is, we do it all the time. That’s our unique specialty.

After people see the difference between the “darkness of the night” of their current retirement strategies, versus the “brightness of the day” of the Missed Fortune strategies, they are convinced to get in motion and get it done now.

Since it takes about 90 days on average to complete the True Wealth Transformation unique process, every month-every quarter-that slips by can result in a tremendous loss to precious future retirement resources, due to the time-value of money.

To illustrate, a typical client has some money accumulated in IRAs or 401(k)s that is not being optimized, and most will lose one-third of that value (due to taxes) when they retire and begin to withdraw money.

Many clients also have other non-performing assets such as CDs, money market accounts, and mutual funds that either have low yields, or may be volatile and unpredictable in growth. These accounts are often taxed-as-earned or tax-deferred, rather than being totally tax-free investments.

The average client also has a home worth about $250,000 - $300,000 with at least some equity in that home. Most people are anxious to get their house paid off and be “out of debt,” so they send extra principal payments on their mortgage, or they obtain a 15-year mortgage.

We show them a smarter, quicker way to get out of debt with successful equity management.

As you can see, most people are crawling, walking, or at best, jogging toward the finish line of financial independence, when they could be sprinting with Missed Fortune strategies.

With most clients, we reposition assets (between lump sums and monthly reallocation) during the first five years of their plan, which comes to a total of about $300,000 on average (some clients are substantially more, and some are less).

Over a 30-year period of a client’s life-for example, from age 35 to 65, age 45 to age 75, or age 55 to age 85-$300,000 has the potential of growing tax-free to a nest egg of about $4.4 million.

However, if clients delay starting their plan and that same money is put to work for only 357 months rather than 360 months, the account value at the same point in time down the road would be only about $4.3 million-a difference of $100,000!  No big deal you say?

Well, an extra $100,000 can generate $666 a month of tax-free income for the rest of your life-or into perpetuity. And that doesn’t take into account the savings of unnecessary income tax you could realize by employing the Missed Fortune strategies sooner than later.

The greatest question is why wait? If you had a serious disease and could be cured if you saw a specialist sooner than later, would you rearrange your schedule and take off work to get treated?

Many people have a financial illness that we cancure and it’s far better to tend to it sooner than later.

If someone offered you an extra $100,000 if you would take a day off your regular job to work on something else, would you jump at the chance? Missed Fortune is giving you that chance.

Make getting started on your Missed Fortune True Wealth Asset Optimization plan an A-1 priority! It can pay you back with huge dividends in the future!

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Baby Boomer Blunders Video

April 30, 2009

If you never received a copy of the free e-book Baby Boomer Blunders just go to www.babyboomerblunders.com to download your free copy.

If you are getting this in email or RSS and can’t see the video, just click on the header to go to the blog to view it.

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Understanding, Managing & Reducing Risk is Paramount in Building Wealth

December 17, 2008

We talk a lot about optimizing assets, and understanding, managing and reducing risk is paramount in this process. You cannot achieve financial independence until you understand the risk exposure you have on all your assets.

Once you understand all the different types of risk with your home, real estate, IRAs, 401(k)s, retirement accounts, insurance, etc.; you can then begin to learn how to manage and reduce your risk exposure.

I did not say eliminate risk. There is no way you can completely remove all risk. Even if you were able to, there would be no return nor any reward. You would remain stationary with no opportunity for growth. Risk is essential to building wealth, but it can also be its demise.

One way to manage and reduce risk is to share the risk with someone else or with another entity. That way you do not have full exposure and neither does the other party. But together you are stronger and can be empowered to do much more. The most common example of this is a mortgage on your home. But it also can be applied to your retirement accounts, life insurance, and other long term investments.

Emron Andrew

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What People Don’t Know About the Power of Wealth Preservation continued…

October 26, 2008

What if there were a better way?

What if rather than being left to panic when the market goes south, you could know that you are earning at least a 1, 2, or 3 percent guaranteed rate on your money when the market goes down — this way you don’t lose? And then when the market rebounds, you can immediately make money on the upside?

Let me share a personal story to show you how this is possible.

A couple of years ago, I separated an additional $200,000 of equity from my home through a mortgage. Even though market conditions have caused my house to go down in value by about $200,000 in the last year or so, I feel calm and in control.

Why? Because my equity is not trapped in my house. The $200,000 that I separated is safely earning an average return of about 8 percent, while the mortgage is only costing me 6 percent, and because the mortgage interest is tax-deductible, my net cost is only 4 percent in my tax bracket.

Hence, I am making twice as much in interest (8 percent) as the net interest I’m paying (4 percent) on $200,000 that would no longer be represented as equity if it still were trapped in my house (because of the market downturn).

I place my serious cash (home equity, retirement savings, children’s college funds, etc.) in maximum-funded tax-advantaged insurance contracts in order to maintain liquidity, safety of principal and earn a tax-favored rate of return.

I link the return (that the insurance company is contractually obligated to pay me) to an index, such as the S&P 500 index.

When the S&P goes up, I make money and lock in the gain. Then when the market goes down, I don’t lose — I still receive a 1, 2 or 3 percent guaranteed return.

Then after the market bottoms out and starts to go up again, my beginning point has been reset, so I can start making money again as the market starts to recover.

I don’t have to wait to arrive at a break even point.

To learn how this works and how to choose the safest place for your money, check my blog next week, and I’ll explain this incredible system of indexing in more detail.

Once you learn this, I assure you — you will sleep better at night, even during turbulent times.

Doug Andrew

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