By: Rachael

Rachael — Wed, 16 Apr 2008 17:26:19 +0000

When you borrow for an investment (which is what the book is suggesting that you do) you owe interest on that borrowed money regardless of whether the investment performs or not

By: Greg

Greg — Fri, 14 Dec 2007 20:00:29 +0000

Nick, finally someone said what I’ve been screaming at my computer for the last 2 weeks in this mess. lol. Thank you!

By: Nick

Nick — Wed, 12 Dec 2007 17:38:59 +0000

I don’t know who this is posting but he assumes to a lot about the subject. After reading some of these comments it is clear that this person is facilitating the constant confusion of the consumer by standing on a soap box talking about a financial strategy he or she does not fully understand. Making comments like “in order to generate a return for you, the policyholder, need to perform much better than that, because of the costs of insurance.” You obviously have no idea how these contracts are constructed when using the Missed Fortune strategies. You have no idea what the cost of insurance is when done properly. If you are thinking about using these strategies you need to work with professionals that do this themselvs, not just talk about it online. When done properly the COI as well as other expenses should only cost a net of 1% (much less than typical mutual funds and other investments), the real power of these vehicles is the TAX FREE money. Again when used properly the “loans” on the policy never actually cost anything. These products were developed to be capital accumulation and retirement income vehicles. The insurance dealth benefit just comes along for the ride because the IRS says we need it to stay tax free. I don’t mind some healthy discussion but when someone gets on a computer and gives investment adivice over the internet as if they are an authority on the subject it does nothing but confuse the consumer leaving them isolated becasue they don’t know what to believe. The Missed Fortune strategies work. I do it myself and practice it with my clients. For many Americans it is hands down, the safest and fastest way to gain the elusive financial independance.

Comments on: Still more on Missed Fortune 101

By: Rachael

By: Greg

By: Nick