Wealth Formula Podcast

202: What is the Safest Investment in American History?


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What we are experiencing right now is truly a black swan event. Even those who predicted a recession had no idea how badly the global economy could be crippled in just a few weeks. Hopefully it will be short-lived. But frankly, even a few months of people staying at home and not buying anything will have extraordinary repercussions. The fiscal and monetary tools we have to combat our situation are not designed for this kind of assault. Cutting interest rates and quantitative easing are meaningless if businesses are closed and no one is buying anything. Cutting payroll taxes doesn't help when no one is at work. Treasury Secretary Mnuchin suggested that if a strong fiscal stimulus is not taken soon, we could end up with 20 percent unemployment—comparable to Great Depression levels. Wouldn't it be nice not to have to worry about your retirement money right about now? How would that even be possible? Well, suppose there was a financial instrument that's been around and tested for 1400 years and used by some of the wealthiest families in the world for generations to create and preserve wealth. Suppose that product survived the test of the Great Depression and became the favorite financial instrument for those who lived through it because it paid positive interest every year while everything else around them crumbled. Wouldn't that sound appealing right about now? It gets better, this investment grows untaxed and its liquidity can be harnessed in any credit condition. In fact, it is a product that literally allows you to invest the same money in two places at the same time. In my opinion, this kind of product is the safest investment outside of US treasuries—safer than any corporate bond that I could buy and far more profitable. Simply put, I don't understand why it's not part of everyone's portfolio. I am talking about permanent cash value life insurance strategies. We call these strategies Wealth Formula Banking and Velocity Plus. If you do not know how these strategies work or what they can do for you, I HIGHLY suggest you listen to this week's podcast. I can honestly say that if you learned and implemented one of these strategies, and did nothing else that I talk about on this podcast or investor club, I would feel like I've done you and your family a great service. That may sound like an exaggeration but I use these tools myself and, with the way the market is right now, I couldn't be happier that I made that decision. So, do yourself a favor and listen to this podcast now! PS. Here is the information for the upcoming webinar mentioned in this podcast: Bunker Investing: Wealth Formula Banking and Velocity Plus Thursday, March 26th 5:30PM CST Register HERE
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Wealth Formula PodcastBy Buck Joffrey

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