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Missed Fortune – Building Your Assets With the Best Bank in Town

Posted on | January 26, 2013

missed fortune super blog itunes 150x150 Missed Fortune   Building Your Assets With the Best Bank in TownAn Asset You Shouldn’t Overlook

Let’s say that you have a home that you bought for $500,000 that doubles in value to be worth $1 million in ten years. Would you consider that a good asset?

If we apply the Rule of 72 and divide 10 years into 72, we find that your asset grew in value at an annual rate of 7.2%. That’s not too bad.

Now, suppose you had other assets that not only doubled or even tripled in value over that same 10-12 year time period, but what if they did it tax-free. That would be a fantastic asset.

Going back to the Rule of 72, if you had your money earning 1% interest in the bank, it would take 72 years for your money to double. If you were earning 2% interest, it would take you 36 years to double your money. At 5% interest, it will take about 14.4 years. If you earned 10%, your money will double in just 7.2 years. You get the picture.

Now consider that people who used indexed Maximum Funded Tax Advantages life insurance contracts saw an average return of 7.2% during the period of 1999 to February of 2009. Why is this significant? It’s noteworthy because that was the single worst 10-year period since the Great Depression. And they still doubled their money tax-free during that time.

If you want to be protected from higher taxes, rising inflation, and continuing market uncertainty, you need to know what these folks know.

The Best Bank In Town

What if you were to hear of a new bank in town that is rated about six notches higher than any other bank in town? In fact, let’s suppose that this bank is the repository where other banks in town put some of their money so they can enjoy liquidity, safety, and predictable rates of return. The banks put their money there because they know that they can safely earn 4-5% and it’s tax-free.

These banks only have to pay the people who put money in their bank 1%, so they’re making 4 to 5 times what they have to pay the public who puts money in their bank.

Let’s say that this bank is safer as well since it has nearly double the reserves on hand that other banks have. This translates into greater liquidity since if the people need to get to their money, they can do so.

This bank will also pay you 4-5% interest that will be totally free of tax. You won’t have to worry about getting a 1099 form for the interest you’ve earned like you would at other banks. Remember, those other banks would most likely only be paying you 1% interest.

Here’s another unique advantage to this new bank; anything that you deposit into the bank will blossom instantly if you should happen to die. In other words, this bank will insure you so that for every $100,000 you have deposited, it will instantly grow by 2.5 times to $250,000. This, in turn, will be paid to the beneficiary of your choice such as your spouse, your children, your church, or your favorite charity. And it will go to them tax-free.

By now you’re probably wondering exactly what type of bank this is.

This is actually a description of a Maximum Funded Tax-Advantaged (MFTA) life insurance contract under section 101a of the Internal Revenue code.

This is exactly where many of the millionaires and billionaires who utilize Missed Fortune strategies put their money. And they continue to earn an average of 7-9% tax-free just like clockwork. Some years they earn even more, like last year when they earned an average of 12-18%.

If this intrigues you, wouldn’t you want to learn how to put these same proven strategies to work toward your brighter future?

You can start today by  visiting with a Missed Fortune advisor.

Bonus Missed Fortune E-Book: Baby Boomer Blunders The average Baby Boomer has less than $50,000 accumulated for retirement (which means many have less than that), primarily due to bad habits and having money invested in the wrong places where economic downturns can diminish their nest egg.

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*Life insurance policies are not investments and, accordingly, should not be purchased as an investment

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