The Signs of a Market Crash
Many people are starting to get nervous and wondering… If a market crash is coming? The signs are everywhere…
- The Federal Reserve has signalled multiple interest rate increases this year
- The S&P 500 just had its worst start to a year in over 80 years
- Gross Domestic Production is shrinking, and supply chain issues continue
- Inflation is at a 40 year high
- Consumer debt is at an all time high
And worse, many novice investors have rolled the dice with their savings on speculative investments for fear of missing out (FOMO).
BUT, these are uncertain times, so it’s unclear to me why anyone would want to gamble at this point. If you have significant savings or your investments have performed well up to this point, maybe it’s time to reevaluate your positions and take some chips off the table?
Unstable Assets During a Market Crash
According to the Federal Reserve Survey of Consumer Finances, most people have very little saved in liquid assets, and even less in emergency cash reserves.
Many people have IRAs, or 401(k)s at work, but what is protecting those assets in the event of another market crash? These investments are usually in mutual funds or stocks, and have little downside protection.
As market volatility continues on Wall Street, the majority of people can only hope and pray.
Even those that have invested in real estate, have only to look at history, and the repercussions that follow a market downturn.
Many people seem to have forgotten the lessons from the last two market crashes… It’s happened twice just since the year 2000!
When crashes happen, the effects can be catastrophic. People may lose their jobs, their homes, their life savings, and even their marriage or family.
A Better Way to Protect Your Family and Savings…
A custom designed whole life insurance policy can have your dollars work harder, even in bad times. These participating policies offer multiple uses of every dollar:
- Financial protection for you and your family
- Liquidity, use and control of your money
- A safehaven for your savings, uncorelated to the markets
- Guaranteed, predictable, and competitive growth every year
- Tax advantages for growth, withdrawals and benefits to your heirs
- Financing options on your terms
- Inflation protection
- Privacy
Whole life insurance is the ultimate financial tool, in both good times and bad. So, request your financial review today, and start enjoying financial security and peace of mind, regardless of the markets or the economy.
Unlock The Infinite Banking Concept™
An Infinite Banking Concept (IBC), or private reserve type, life insurance policy, can add even more benefits to your financial plan. During hard times, opportunities also arise, so having access to capital is vital when funding these opportunities.
Discover the power of the Infinite Banking Concept™ (IBC) and learn the secrets of privatized banking in the bestselling book, Becoming Your Own Banker™. Open Your Mind to IBC and free yourself from financial slavery.
By practicing some basic principles, you can become your own banker. And, create your own private system for finance, so you never have to depend on the banks or government for money.
It’s easy to learn if and how our plans could help protect you and your family from a market crash. Just apply for your complimentary financial review.
Untile next time,
Barry Page
Barry Page is an Authorized Infinite Banking Practitioner, Managing General Agent, and Founder of Legacy Insurance Agency, PLLC. He helps clients with tax-advantaged investment alternatives, and specializes in showing families how to protect their assets, income and lives using a unique financial approach to planning.
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