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Did 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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