Einstein's RULE of 72
provides us with an easy formula to figure how long it takes to DOUBLE YOUR MONEY!
As a rule of thumb, at 10% interest money will double every 7.2 years.
All you need to do is divide 72 by the annual rate of return.
The result would be approximately the number of years required for your investment to double in size.
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MONEY- Retirement, Estate Planning, Asset Accumulation, Protection and Debt Reduction
" Over the past 15 years 60% of the mutual funds that invest in blue chip stocks failed to beat the S&P 500 index.
Managers of bonds and foreign stock funds also struggle to beat the index. Stock picking, whether you do it yourself or pay a pro to do it for you, is a mug's game.
You're better off buying and holding a cheap, diversified, and consistent index fund; which passively invests in the stocks listed on a broad market benchmark."
Fortune Magazine's Investor's Guide 2010- Can YOU Outsmart the Market?
As an Independent Agent and Money Coach, I help You Secure YOUR Future, for as long as You Live, Affordably. I offer Quality Solutions
for Growing Your Tax Sheltered Savings with Guaranteed Principle, Return Rates
that go UP when the Stock Market does, and No Market Risk. I sell competitive fixed indexed annuities, term and indexed universal
life insurance from top rated companies. Click to expand on topics of interest below:
- Do It Yourself Pension
Kiplinger's no-nonsense guide to how an immediate annuity can provide reliable retirement income even in volatile markets.
- The Value of Compounding
The power of compound interest is one of the most important concepts you can learn in personal finance.
it can work both for you (e.g., when investing) and against you (e.g., with credit card interest or mutual fund fees).
small differences over long time-frames can have a huge impact on returns.
- Are Your Savings Underperforming? What About The Income Gap?
Investors in mutual funds and stocks have seen their money evaporate over a very short period of time, experiencing losses of 30-60% or more.
Holders of equity indexed annuities, on the other hand, did not lose any money. Many in fact profited during these difficult times.
- The One Percent Difference
Two fictional couples, the Zinns and Wynns, who both start out with a retirement account of $60,000 in their thirties and add $10,000 to it each year until they reach 70.
The only difference between the two is that one couple, the Zinns, gets a return of 4% and the Wynns get a return of 5.13%.
This small difference in returns results in a $205,000 difference between the two couples' nest eggs upon retirement.
- The Advantages of a Tax Sheltered Annuity
Fixed-Indexed Annuities Guarantee:
- You cannot lose your principal (the money you invest).
- Once you have a gain in your account it is locked-in to keep.
- You will not pay taxes on any gain, until you make a withdrawal.
- A lifetime minimum interest rate guarantee.
- A choice of guaranteed income options you cannot outlive.
- >Compound Your Gains, not Your Losses FREE LUNCH
I will furnish a no-obligation free lunch and a presentation
for any group of 5-20 people.
Contact me for a larger crowd. Ann Marie Harmony 619 546-5700
Lic# 0G75106 |
