You may recognize this conversation…
“Financial Advisor”-“How much money do you have in savings and your other investments?”
You tell them how much…
“Financial Advisor”- “What return are you getting?”
You tell them what rate of return if any…
“Financial Advisor”- “Oh, I can get you __ %.”
Most financial advisors are fully focused on getting you a larger rate of return while simultaneously spending time and energy on reducing your standard of living to increase your savings. The naivety of most advisors on wealth and the economy can be devastating to your future. By realizing the causes and reasons for our economy’s downturn you will know how to face it. There’s a saying, “If you know what’s coming you’ll know what to do.”
The economy is gradually converting to a situation where more money is coming out than going in. This year 78 million baby boomers started to retire, and will be eligible for Medicare, social security, and other retirement benefits at the tune of 5-6 a MINUTE. This will cause a continual decline just as its opposite effect was had on our economy in Clinton years. To state briefly, your money will not be safe in an economy like ours today, and any risk could have devasting results.
The reality, however, is this; Real wealth is created by being in control, and understanding that risk is not necessary to creating a stable and plentiful financial future. Most people don’t like risk, and should be learning how to control their money, and keep it safe. By utilizing your own money and becoming your own banker, you will find safety, growth, and control. Understanding true principles of money will give you peace and comfort in an economy where many are struggling.
Visit our site BecomingYourOwnBank.com
