Missed Fortune – IRAs & 401(k)s are NOT Conservative Investments
Posted on | May 4, 2010
Suppose you were to come to me and ask to borrow $100,000.
Just before endorsing the check you ask, “Doug, when do I need to pay you back? And What interest rate will you charge?”
I tell you I’ll decide when you need to pay me back, and I’ll decide the interest rate when I ask you to pay me back.
Would you endorse that check?
Of course not — yet millions of Americans do it every day. Watch this video to learn how.
*If you’re reading this in an RSS reader or email, you may need to click the title of the post to view the video on the website.
*Life insurance policies are not investments and, accordingly, should not be purchased as an investment
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