“Imagine if there was a casino that had a special gaming table reserved only for VIPs. The rules would be that you could gamble all night, and you would never lose a dollar. You would be guaranteed that you would leave with what you started. If you win you get to keep all your gains with the exception that the house gets to keep 1.5% of your winnings. How much would you bet? How long would you play for if you knew you couldn’t lose, and if you won, you just had to pay a small portion of your upside?”- Tony Robbins
What’s Tony Robbins talking about? Tony is talking about a financial vehicle that can help you to significantly increase your wealth without incurring any risk. In other words, you will never lose your money! Well how is that possible?
Isn’t there always inherent risk in investments? Yes, if you are not financially literate! Many people go to a financial adviser because they don’t know anything about investments, retirement plans, mutual funds, treasury bills etc. And what ends up happening is that the “financial expert” puts into financial instruments that are tied to the market, but do not have any downside protection. So, if the market goes up, the client makes money, but if the market goes down the client loses big time!
That is exactly what is happening at this writing. The market has been declining and if you had money in a 401k, you would have lost about $8,500 in retirement money since the beginning of the month. If your money was in mutual funds, you would also be losing money. How would you be sleeping, knowing that you are losing money every day?
Well there is a financial instrument that gives you the upside without the downside. Tony Robbins talks about it in his new book titled, “Money- Master the Game.” This financial instrument is called a Fixed Index Annuity. Its a relatively new instrument that is offered through an insurance company like American Equity, Allianz and others. These are the benefits:
So if you’re a “Millenial” a “Gen Xer”or a “Baby-Boomer”, this is definitely a safe investment vehicle worth looking in to, that can significantly increase your wealth and set you up for a care-free retirement. Again, you can get some of the up-side of the market, but if the market goes down, there is protection so that you don’t lose any money! With the power of compounding you could end up with millions!
If you’d like to research fixed index annuities, you can go to http://www.lifetimeincome.com which will educate and empower you for finding the right annuity products for your specific situation.
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Be sure to check out my next post, “What is the Business of the 21st Century?”
Your personal and financial success coach,
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