Posts tagged as:

Liquidity

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 super blog itunes 150x150 The Quickest, Smartest, & Safest Way to Get Out of DebtDid 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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What is an Indexing Strategy?

August 9, 2009

Podcast: Download (23.0MB)

missed fortune super blog itunes 150x150 What is an Indexing Strategy?Did you miss this week’s show? Doug Andrew discussed the following:

Cash for Clunkers Program.

I’m all for better gas mileage and for more efficient cars, but  I really wonder what the ulterior motives for this program really are.

One motive is to look as if the government is green.  Another motive is to stimulate the automotive industry.

But some wonder why the government is investing billions into bailing out one industry and not others that are failing.  The privacy act and security statement on the http://www.cars.gov website has been modified since the airing of this show.

See the website at Truth or Fiction for more details on this story.

Why I don’t own an IRA or 401(k) and never will.

If you are like many Americans, you may have seen a loss of 30%, 40%, and 50%  in the value of your 401(k).  I predict the worst hit is yet to come and it isn’t what you think.  Recovering from losses can be tough.

Did you know if you lost 50%, you need to get a 100% return to get your money back?  That isn’t everything that we need to worry about either.  The biggest loss you’ll may ever incur is the day you start to pull out your money from these accounts.  Most likely, you’ll be in a higher tax bracket and future taxes will be higher than they are now.

I’ve always put my serious cash such as college savings, retirement, and home equity into investments that will accumulate money tax free. And then when I access that money it is tax free, including the gain. When I die it also blossoms and transfers income tax free. I make sure this money is liquid, safe, and earns a competitive rate of return.  I choose to put my cash into Maximum Funded Tax Advantaged (MFTA) Life Insurance.

Attend our three hour event live over the internet this coming Wednesday, August 12th at 6:30 pm Mountain: 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) or go to www.missedfortuneradio.com to register.

What are the three simple tests for determining a wise and prudent investment? I call this the L.S.R.R. test. 1) Make sure you have liquidity. Can you get your money back when you need it back? 2) Is it safe or guaranteed? Is the principal safe so that no matter what happens in the economy you will not lose your principal? The people that followed the Missed Fortune strategies didn’t lose, even this last year. Did you know you can have your money liquid and safe at the same time? 3) They earn a nice rate of return that is tax free.

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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3 Simple Test for Determining Wise Investing

August 2, 2009

Podcast: Download (23.0MB)

missed fortune super blog itunes 150x150 3 Simple Test for Determining Wise InvestingWhy I don’t own an IRA or 401(k) and never will

Did 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.

Economic booms and busts are as American as baseball and apple pie. In my experience, I believe we go through economic cycles every 8-12 years. During economic times like this year, watch what the herd does and don’t follow them.  The media is part of the herd, don’t listen!   No matter what government tries to do, there is no possibility of ever removing the boom and bust cycle of American economics.

What are the three simple tests for determining a wise and prudent investment? I call this the L.S.R.R. test.

1)  Make sure you have liquidity.  Can you get your money back when you need it back?

2) Is it safe or guaranteed?  Is the principal safe so that no matter what happens in the economy you will not lose your principal?  The people that followed the Missed Fortune strategies didn’t lose, even this last year.  Did you know you can have your money liquid and safe at the same time?

3) They earn a nice rate of return that is tax free.

Why I don’t own an IRA or 401(k) and never will. I’ve always put my serious cash such as college savings, retirement, and home equity into investments that will accumulate money tax free.  And then when I access that money it is tax free, including the gain.  When I die it also blossoms and transfers income tax free.  I make sure this money is liquid, safe, and earns a competitive rate of return.

Attend our three hour event live over the internet this coming Saturday, August 8th at 10 am Pacific: 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.

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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Liquidity, Safety, and Rate of Return

July 12, 2009

Podcast: Download (23.0MB)

missed fortune super blog itunes 150x150 Liquidity, Safety, and Rate of ReturnDid you miss this week’s show? Doug Andrew discussed the following:

Let’s talk today about what you should be doing to take ownership of your future.  What are the three essential elements to any type of prudent investment?

#1 Liquidity – Can I get my money back when I want it?  People get into trouble when they don’t have access to their own money.

#2 Safety – Is it guaranteed or insured?  How safe is it?  No matter what happens in the economy, is your money safe?  Many people who invested in traditional conservative investments like 401(k)s and IRAs have learned this lesson the hard way.  Use financial vehicles that protect your money during hard times.  Our clients, who have followed the Missed Fortune strategies, haven’t lost any money during this recession.

#3 Rate of Return – People generally will give up a little safety for a little larger rate of return.

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.

Attend our three hour event live over the internet or in person in San Diego on Tuesday the 14th or Saturday the 18th: 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 Tuesday’s or Saturday’s event. You can register here to attend live over the internet.  Or, attend live in person if you are in the San Diego area (click here 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 at www.babyboomerblunders.com

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“So, Just How Safe is Life Insurance?”

May 26, 2009

With investing being more uncertain today because of banks closing, businesses shutting their doors forever, and despicable investors like Bernie Madoff no wonder one of the most asked questions we get is, “How safe is life insurance?”

Even insurance giant AIG has given the insurance industry a black eye. Insurance is the backbone of our financial system. But don’t take our word for it.

We could go on and on about the merits and safety of life insurance. Instead, click on the articles below for third party comments and praises…

Time Magazine, How Safe is Your Insurance Company?

Financial Advisor Magazine, Insurance As An Investment

The Street.com, What You Need to Know About Your Insurer

CNBC, Investing in Life Insurance

San Francisco Chronicle, How safe is your insurance policy?

The Columbus Dispatch, Insurance safety net backed by companies

Set up an appointment with one of our advisors to find out more how you can keep your money safe! If you already have an advisor tell them to contact us to find out how they can make your money safer than ever before! Call Toll-free 888-987-5665.

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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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Protect Yourself from Economic Storms

March 8, 2009

Podcast: Download (22.9MB)

missed fortune super blog itunes 150x150 Protect Yourself from Economic StormsHow not to make the $50,000 mistake.  Protect yourselves from economic storms.  AIG issues.

Don’t follow the herd and the media (they are part of the herd).  Extra principle toward your mortgage might be a good way to go, but it is not the best way to go!

Don’t kill your partner, Uncle Sam.   How to get out of debt and still maintain liquidity and safety.  Become smart like a bank.

Free consultation and analysis with the Missed Fortune Firm. 888-987-5665. Get a free 60 page customized report and experience clarity and new direction.  Call for your free copy of Millionaire by Thirty or Last Chance Millionaire.

Missed Fortune 101 MP3 Book Download. Download the Missed Fortune 101 unabridged audio MP3 for only .99 Cents! www.missedfortune101.com

New 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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Happy New Year! Top 5 Financial Tips for 2009!

January 1, 2009

Happy 2009! Let’s steer this big financial ship around! Here are 5 financial tips for this New Year…

#5: GET OUT OF DEBT: There are many ways to rid yourself of the shackles of debt.  Always go after your high interest debts first. Go after bad debts first such as credit cards, store cards and high interest auto loans. Attack low interest debts last such as student loans or low interest auto loans. Beware of what you thought might be “bad debts” such as your home. We view homes as assets not liabilities find out why in Missed Fortune 101.

#4: BEWARE OF THE DAMAGE TAXES CAN DO: True your retirement accounts can look good after time but just remember that 50% of that account is not yours, it’s Uncle Sam’s. So retirement is still years away! Why not do the sensible thing and look for a retirement vehicle with little or no tax liability?

#3: IS YOUR INVESTMENT EARNING A RATE OF RETURN?: How many of your accounts are worth what they were this time last year? A new client to our firm came to us after losing more than 70% of his previous retirement account. Why did he contact us? Because none of our clients have lost a dime in their current retirement accounts

#2: HOW SAFE IS YOUR INVESTMENT?: With banks closing their doors or well known financial guru’s being exposed as conmen you need to ask yourself “How safe is my money?” Why not put your money where is will be safe today and when you need it years later?

#1: CAN YOU ACCESS YOUR MONEY IF YOU NEED IT?: Today access to liquid cash is now more important than ever! Many headlines in the news today of people losing their homes or business closing for good can be pointed at one major issue they have all ignored; LIQUIDITY! Can you access your money in your retirement accounts in case of an emergency or to prevent you from losing your home?

So let’s leave the bad financial memories of 2008 behind us! Make 2009 a year of fiscal responsibility and fiscal success!

Happy New Year!

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Risk and Liquidity

December 18, 2008

Whenever you look at risk, you should simultaneously be looking at liquidity. You can understand your risk exposure best by initially analyzing your liquidity. Do you have enough cash that is accessible to pay your mortgage, and pay all other bills? For how long? How about enough to allow you to ride out a downturn in the market, economy or job loss?

Be sure that you start with a sound foundation when building wealth. That starts with liquidity and managing risk. It is like the song I used to sing in Sunday School about the wise man versus
the foolish man.

1. The wise man built his house upon the rock, The wise man built his house upon the rock, The wise man built his house upon the rock, And the rains came tumbling down.

2. The rains came down, and the floods came up, The rains came down, and the floods came up, The rains came down, and the floods came up, And the house on the rock stood still.

3. The foolish man built his house upon the sand, The foolish man built his house upon the sand, The foolish man built his house upon the sand, And the rains came tumbling down.

4. The rains came down, and the floods came up, The rains came down, and the floods came up, The rains came down, and the floods came up, And the house on the sand washed away.

Emron Andrew

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