Personally, I believe the stock market is risky for those that don’t understand that “risk” means “at risk” which equates to Merriam-Webster’s definition of “high level of susceptibility”. Which means to me that you should be willing to lose it all. In contrast, this is not a place for savers. What I mean is, saving should be a place where you put your money to work with the intention of never losing it. Though the stock market participants may have the intention of never losing money, we know that many do lose money (and sleep) there. This is not a place that should be utilized to stash your future retirement cashflow needs into. If you’ve read this far, you’re likely asking me, ok, if I don’t put it into the stock market via a 401K or IRA (Qualified plan), where am I going to “save” or “invest” today’s dollars, so I can beat inflation and accumulate a stockpile of cash for my retirement cashflow needs?
Well, of course, I would suggest saving by means of creating your own bank via an Infinite Banking Concept (IBC)-based whole life insurance policy, first and foremost. Once you have implemented this financial strategy, you will build a cash warehouse that continues to compound in growth, can be leveraged for all kinds of living expenses and purchases, and utilized for great investment opportunities that will seek you out when you have penalty-free, liquid cash available.
You want a place where it will grow at least as well as the Wall Street indices have done historically (6-8% or so annually), though ideally something with double-digit annual growth. You also want investments where there is no correlation to the markets’ volatility and very limited risk of ever losing your principal. If this shoe fits, placing some of your assets into a life settlement fund may be a very good option to consider. This is not to be construed as investment advice, but as an option to consider if the above is something you like the sound of.
To learn more, the following video will provide you with an overview of how these funds work. iAfter viewing, reach out to me if you would like to dig into the details further.
