Secrets of the Wealthy:
Grow Your Money Safely!
Warren Buffett said:
"Rule #1: Don't lose your Money"
"Rule #2: Don't forget Rule #1
Will Rogers said:
"I'm more concerned with a return
of my money than a return on it."
Making Smart Choices NOW! Don't live in Regret - Don't live in Debt!
Making Smart Choices NOW! Will bring peace...
Safety before Risk? What makes the soul feel peaceful...? Doesn't it make sense? Safety before Risk?
Risk before Safety, make us feel insecure & uncertain about money we can count on..
You may have several choices to grow your money safely.....
To Learn What SAFE MONEY OPTIONS you have,
Click Here for Your Secure Lifestyle Blueprint
According to the Dalbar Report Boston, MA-(March 9, 2009): "For the 20 years ended December 31, 2008,
investors had average annual returns of 1.87%. The inflation rate averaged 2.89% over that same time period."
One the reasons why gains have been minimal is because of the roller coaster ups and downs of the market.
When there are losses, it takes up to 1 1/2 times more to get it back - and that is IF it came back.
Safety should always come before Risk.
To really grow your money, it's essential that you do two things.
1. Save each month.
2. Don't lose the principle.
Are you Saving or Investing?
401ks, mutual funds, bonds, stocks, pensions, variable annuities & life insurance and similar programs
where money can gain and lose etc is investing.
Statistically, the promise of these being sound ways to invest in your retirement and wealth has proven
otherwise for most.
Many are far worse than a safe haven. Many have tapped into their retirement in this economic market -
yet one day you will need money to live on!
What about 401k's? See the hidden fees that cost you more than you know? and will 401k's really help
you get there? Can I move some or all of my 403B or 401k? Possibly you can qualify.
If you had a 401k from a prior employer, then yes. Some programs allow for a "non-hardship withdrawal"
vs being restricted to a "hardship" withdrawal (buying a home, losing home, divorce etc) .
We first look at the pros and cons if any kind with any programs you may currently have.
If you have a 401k sitting, put it to use.
CD's vs Annuities: Read more...
Many are saving less than 3% according to CNN money and statistics : Read more...
How much do I need to save?
1. When do you want to retire?
2. What income will you have when you do? How much is that?
3. How much money do you want to live on per year, factor your bills, health care etc.
4. Imagine living for 20 years: would you have enough to carry through?
Even if you come up short, aggressive saving without risk of loss now can make a HUGE difference.
If you are close to retiring or have retired, then you need to find how to maximize your returns and make it stretch.
Is there a way I can turn my money into an income now?
Social Security, Medicare, and our health care system is in a crisis. Now more than ever it is important to be
conservative with programs that can provide security, predictable growth, tax deferred or Roth IRA annuity products
that will not lose like Roth IRA's that are funded with mutual funds etc.
TAKE ACTION NOW! ... Your future could depend on it!
North and South America ... Females have an average life expectancy of 79.5 years, up 0.1 years. Women can still expect to live longer than men on average,