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Missed Fortune – Congress Versus Wall Street

Posted on | June 15, 2010

Everyone can agree that America suffered financial ruin due in part to actions on Wall Street. But not everyone can agree on how to repair Wall Street.

As financial reform passes the Senate and makes its way through the House, the debate rages on.

Too much oversight and regulation, and America’s financial institutions will be stymied – which could kill America’s fledgling rebound. Too little, and practices that led to the collapse could repeat themselves.

A New York Times article reported:

“Despite the outcry from lobbyists and warnings from conservative Republicans that the legislation will choke economic growth, bankers and many analysts think that the bill approved by the Senate last week will reduce Wall Street’s profits but leave its size and power largely intact. Industry officials are also hopeful that several of the most punitive provisions can be softened before it is signed into law.”

If you’re heavily invested in the market, you’re likely heavily invested in the outcome of this legislation. You also likely suffered more loss than you could have ever anticipated over the past couple years, and you’d rather not experience that again.

But what if you could have been spared the loss? What if you, like the people who optimized their assets and put their serious money in maximum-funded, tax-advantaged contracts, could have maintained their principal – even gained a rate of return of 12, 13 percent or more over the past couple years?

There are ways to prepare for your retirement, to secure your future with savings vehicles that provide safety, liquidity, rate of return, and tax-advantaged benefits.

Learn how to protect yourself, so regardless of legislation, or ups and downs in the market, you can move forward toward true wealth on a steadier, safer path.

Learn more about Missed Fortune strategies now, so you can be better off tomorrow.

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

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