It's no secret that something is a little off in the world's economy.
Everywhere you look it’s being talked about and right now most people have no way of protecting themselves against a stock market downturn, much less an economic catastrophe like government default, stock collapse, banking collapse or a hyperinflation/currency collapse scenario.
While it may be easy to simply close your eyes tightly and pretend like everything is going to be alright…that definitely doesn’t protect you and your family in the very likely case that something or even anything happens.
What happened to most people in 2007-2008 was hardly an economic catastrophe…does that make the result of it any less painful? I think not. I had a few friends and even some of my newer clients who got blindsided by what happened in the mortgage crisis and ensuing real estate bubble. In fact, some lost as much as 70% of their portfolio in a few months time.
So if something like that can lead to such painful results for the people who are unprotected, then you may be wondering what would an Economic Catastrophe look like for the average investor?
Well, the truth is, it’s not pretty. In the United States it’s easy to lose sight of what something like this looks like because none of us have really personally experienced it. My friends from other parts of the world have personally experienced many of these things and the result is clear…a total financial loss for the people who are unprotected. One of my friends from Russia tells the story of her grandfather who worked very hard and was a quite wealthy real estate investor who owned multiple apartment complexes throughout Russia and when the Soviet Union collapsed he woke up the next day and was barely able to afford a loaf of bread.
Luckily, we don’t have to go through the pain of something like this to take action and do something about it. We can learn from these kinds of stories and quickly set ourselves up for long term financial success in spite of economic catastrophes.
You may be asking yourself…”How can I do that?”
In fact, if you’re not asking that question right now then you’re not in the right place. This site is for people who are serious about applying what they learn and taking action to put themselves and their families in a better position. If you’re simply an information gatherer then there are plenty of other places you can do that so feel free to leave if that’s the case. If you really are curious about what you can do right now to get what I like to call Economic Catastrophe Insurance then please keep reading…
There is a way to insure that you don’t have a MASSIVE or potentially TOTAL LOSS in an economic catastrophe. This type of insurance policy has been proven time and time again and is something that nearly all baby boomers and investors have access to. It’s worked for countless people throughout history and in addition to protecting people from loss it has actually created some of the wealthiest people and families the world has ever known.
If you’d like to fully understand how you can get Economic Catastrophe Insurance for your portfolio and investments right away then I highly recommend that you schedule a Discovery Session with one of my highly trained Expert Financial Planners. Every investor is different and has unique challenges and unique opportunities. We will work with your specific scenario to see if we can help you implement full scale Economic Catastrophe Insurance so you can stop worrying and begin sleeping soundly again.
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