Wealth Has to Reside Someplace
November 24, 2009 by Tomas McFie
Filed under Insurance
With You or in Another Place is Your Choice!
Can you imagine if there was a “financial tool with a record stretching back around fourteen hundred years: and because of its solidity it had been able to survive the great depression?” And on top of that, what if this financial tool could offer high rates of return, was free of taxes, was liquid and not connected to the fluctuating stock market in anyway and was recession proof?
People would jump to get this financial tool if they knew they could get it without risk, that the returns were guaranteed, that it was judgment proof, and, would anybody refuse it if they could use it to recover 20-25% of the money they spend every day without having to work any harder?
Okay the truth is out, there is such a financial tool! The problem is due to investment strategies, which can only work while an economy is booming; this financial tool has been given a bad name. But now during the bust cycle which we are going through right now, the wealthy who know all about this financial tool and have used it to create their wealth, contentedly sit on their guaranteed profits and watch. All the people that were in speculation of course are earnestly praying for a “real rate of return of at least 12.8% a year until 2017,” just so they can break even.
This financial mechanism has been utilized and has been confirmed as a success for more than one hundred years in these United States alone. J.C. Penny and Walt Disney employed this mechanism when the world believed they had gone crazy and wouldn’t think of lending them the capital they needed. These men utilized the liquidity of this mechanism that they owned, to bring their dreams to reality. Dreams that everyone thought extreme and unrealistic!
If none of this peaks your interest, you are either sleeping or you do not understand money. Welcome to the real world where most people do not understand money and how it really works. That is why America is in the financial mess it is in today.
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categories: Infinite Banking Concept,Becoming Your Own Banker,Wealth Building,Finance,Business and finance
