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Missed Fortune – Some People Did Not Suffer Any Losses

Posted on | May 17, 2009

Some People Did Not Suffer Any Losses the Last Two Years

We want to welcome new stations to Missed Fortune Radio:

KIOU in Shreveport LA,  KLNG in Omaha NE WFAM in Augusta GA, WYYC in York PA, WNBY in Pensacola FL, WIJD in Mobile AL, WSKY in  Ashville NC, KWDF Alexandria LA, WBXR in Huntsville AL, WCPC in Tupelo MS, WLMR in Chattanooga TN, KPRC in Houston, TX

Recovering from losses can be tough when money is left in the market. Realize that when an account loses 50 percent of its value, the account has to experience a 100 percent gain just to get back to the break-even point. That could take years in this volatile economy.

Some investors who had $100,000 in the S&P 500 during the last 10 years saw their money grow, but then dissipate to $68,000. Had they used indexing, they could have had a current account value of $178,000.

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

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