Posted on | November 15, 2009
Stock Market Mysteries
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Mr. Gross points out that, although the “S&P 500 has risen 53 percent since the March bottom” and “the economy expanded at a 3.5 percent rate in the third quarter, unemployment is high, incomes are stagnant, and consumers are shaky.”
The article then explains the following reason behind this seeming contradiction:
“For much of the past two years, virtually all growth in economic activity has taken place outside America’s borders. As a result, U.S.-based companies are becoming even more reliant on non-U.S. customers and operations for sales.”
Furthermore, the issue isn’t that we’re exporting goods, but rather that we’re “making goods overseas and selling them overseas.”
So what does it mean for you? It means that we’re still in for hard times in America, regardless of a deceiving rise in the stock market.
It means that the government will continue printing money and raising taxes, which means your money will be worth less in the future and you’ll never be in a lower tax bracket than you’re in today.
So what can you do about it? Harness the power of the Missed Fortune strategies.
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You need a strategy that will give you the following:
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- The ability to earn a rate of return when the market goes up, while never losing money when it goes down.
There’s only one place under the IRS code to get all these things, and that’s in a maximum-funded, tax-advantaged cash value life insurance policy.
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