Overview
Paperback in Very Good condition.
A Tax Free Retirement - Equity Index Investing By Chuck Mancino Simple Synopses An equity index is a product that gives you the security of bonds, has the ability to make a much higher ROI. You are guaranteed to make 2 percent no matter what, but you could end up making as high as 14%, so there’s an opportunity to do much better than the 4 percent you get back from bonds. Once doctors & Lawyers understand exactly how equity index works, they try to get as much of it as they can. This type of life insurance policy has considerably improved the financial situation of many top earning professionals. What is equity index Life Insurance? First of all, equity indexing is a newer, not often understood savings strategy that has been around for over 25 years. But according to 19 year veteran advisor Kevin Wood, with Grandpa's Insurance Solutions, located in sunny CA, “Equity indexing did not start to gain momentum until the stock market slide in 2000. Investment and savings strategies can be divided into two major fixed and variable. Equity index is categorized as a fixed investment product but, has the potential to earn a higher rate of return, similar to a variable product but without the risk of loss. That's right, you can NOT Lose any of your hard earned equity with this beauty! Fixed accounts are more stable, sure, but with lower Interest obviously. But, for this Indexing vehicle, you won't miss out on the potential for high upside growth, says Mr. Wood “Variable products have a much higher return potential (no guaranty) but this also means that you run the risk of losing some or all your cash investment or savings. “Equity index is a strategy that can be used in many different types of accounts such as IRA, Roth-IRA, pension plans and even life insurance.” A lot of insurance companies offer this product. “But it’s crucial that you talk to a competent financial advisor because not all insurance agents can explain this gem correctly!