Investing in the stock market is on par with gambling, even for those who are educated and financially savvy. Why? Because of the number one rule of investing–the stock market is based on human emotion, not economic facts.
If that doesn’t terrify even the most experienced of stockholders, I don’t know what could. Fortunately, there is a way that leads a man, woman, or child to safety–indexing.
What is indexing? Well, imagine you could hit up a casino (there are a few new ones in the heartland of Ohio), throw as much cash as you want for your luck, and never lose any money. But what if you could also keep the majority of your winnings! Are those odds you would take?
If you’re reading this, then I’m sure your answer is a resounding, “YES!!!” So, how does someone start indexing to protect their nestegg and avoid market volatility? Your FREE Nestegg Health Analysis is a start.
Click here to educate yourself on the power of indexing. You have nothing to gain but money and nothing to lose but worry.
Okay, not really. But in the game of life, the tides are turning against the average American.
It’s 2014, the first year of ObamaCare in effect. You may not have signed up for health insurance on your state exchange yet. Maybe you still have a solid policy through your employer or a family member.
But regardless of what you have, if you’re young or healthy, you’re about to get screwed. No bones about it. According to the official congressional record, premiums are skyrocketing! Live in Ohio? Expect your health insurance premiums to rise up to 106%, if they haven’t already. Make your abode in South Carolina? That’s a 61% increase. Plan to take refuge in the conservative state of Texas? You won’t be able to escape a 35% – 65% increase. Well, shoot.
But hope isn’t lost! The Nestegg Repairman is prepared to match you with your own personalized, independent health insurance plan. Feel free to contact us today! It’s never to late to save money.
Answer this question: are you aware of the stocks, bonds, mutual funds, etc. that your hard-earned money is going into? Sure, you may trust your stockbroker, investment planner, or financial advisor, but all of the above are still human. And humans are prone to human error.
Think 2001. And 2008. Well-meaning, good-hearted humans made those financial crises occur. See, here’s the thing–retirement portfolios based on regular human maintenance are prone to regular human error. Not a happy picture, but it’s what’s up.
But what if there were an investment option available that didn’t require regular maintenance? What if you could save your money without having to worry about what the market is doing? What if you could have peace of mind, and never again lose it?
Welcome to the world of indexing. Interested? Click here. It pays to educate yourself.
You read that right. Today’s blog post is dedicated to an idea so simple it’s shrugged off by many an American. If you’ve followed The Nestegg Repairman blog for any time at all, you know we’re on the hunt for a tax-free retirement miracle. And with indexing, we’ve found it. So, what’s the deal with indexing?
You buy either an annuity or a universal life insurance policy first. And by “buy” we mean, “save money.” That is, the money you put into an annuity (a one-time, lump-sum gig if you wish) or a universal life policy (stock money away monthly) you get to keep. That’s called “cash value.” Plus, the annuity or policy is the vehicle you put your money into. Then, it hits the stock market. But guess what! No matter what happens, you are protected from any and all market losses, and you experience only market gains. Sound too good to be true?
Probably. But it’s true anyway. That doesn’t mean it’s perfect, of course. There’s still some interesting things to note about indexing. If you have any questions about indexing, we’d love to answer them. Call us today to get your free consultation!
With 2014 underway, tax season looms large. Self-employed folks dread the out of pocket payments, and members of the working class pray into the wee hours of the morning that their tax return will be large enough to pay off credit card bills.
Tell us, are your stressed? Does the idea of giving Uncle Sam even a single cent more of your hard-earned cash disgust you to no end? Wonder where that extra money is going to come from to pay the tax man?
For people who index, stress fades into oblivion. For people who index, extra cash is always available (tax-free, we might add). For people who index, the shenanigans of both the Fed and the volatile stock market matter not.
“But wait a second, Mr. Nestegg guy! The Supreme Court upheld Obamacare as a good thing we all need, right?” Well, no. So what really happened in DC that’s making so many Americans like Rand Paul furious? This article from the National Review explains, “The Court did not ‘uphold Obamacare.’ Two specific provisions were being challenged before the Court — the individual mandate and the Medicaid expansion. If either had been struck, then the Court could have decided whether or not to take down the whole law. Instead, it reached a very narrow decision. The individual mandate is valid as a tax, says the Court. Now, otherwise free citizens will be required to spend our own personal, after-tax money to purchase an expensive private product — $20,000a year for an average family — or pay a tax. And the Court said the federal government can tell states to dramatically expand their Medicaid programs but that they can’t be coerced with the threat of losing all of their federal Medicaid money if they refuse.”
Oops! Maybe we shouldn’t have trusted Nancy Pelosi’s genius remark about the Obamacare bill, “We have to pass the bill so you can find out what is in it.” Okay, show of hands. Who read all 2,700 pages of the Affordable Care Act? What, nobody? Oh. Not even Barack’s hand? Any surprise there?
By now, we know Obamacare is a bad deal. “The Kaiser Family Foundation says the average price of a family policy has risen by $2,200 during the Obama administration. The president promised premiums would be $2,500 lower by this year. Hospitals, doctors, businesses, and consumers all expect their taxes and health costs to rise under Obamacare.” Read more here.
What’s a family to do? We asked ourselves the same question back in 2010, and we’re ready to help. Check out our services or call us to learn more about how we can protect your family from the coming scourge of Obamacare.
If you say yes to the first two questions, the third is a given. Why? Simple. More medical bill coverage for older Americans equals more taxes and higher premiums for the Millennials.
But don’t take our word for it; here’s what health economist Chris Conover had to say in a recent Forbes magazine article, “Let’s be clear: by design, this law can work if and only if enough young people are willing to pay premiums far higher than are actuarially fair in order to subsidize workers my age who on average earn far more than the young workers who are subsidizing them. Even if one takes into account that Millennials in the long run eventually will become old themselves and benefit from these subsidies, Obamacare still is an extraordinarily bad dealthat effectively would force today’s 18-year olds to pay 18 percent more for their medical care over a lifetime than if each generation paid its own way. Such an age-related tax is unconscionable. Imagine if sales taxes or income taxes included a surcharge for everyone who happened to be a twenty-something. If this idea sounds preposterous, welcome to Obamacare.”
Disgusting. Fortunately, however, The Nestegg Repairman is ready to help! We have a host of health insurance plans available from carriers like Anthem Blue Cross Blue Shield and United Healthcare. Not only that, but we can help you ensure the premiums are affordable. So if you’re wondering what the heck you’re going to do about insurance in 2014, give us a call.
But we recommend getting in touch with us as soon as possible. Once we hit midnight on January 1st, ObamaCare will cause premiums across the board to shoot up to unseen levels. We’ll still be able to help you get the best deal available, but it’s just that–the best deal available in 2014. Disgusting. For a young adult’s perspective on Obamacare, let’s hear what libertarian commentator Julie Borowski has to say…
ObamaCare is bad for young people, no bones about it. Choose NesteggCare instead. We won’t force you to buy a policy you don’t need, fine you if you don’t want it, or make you pay for your grandparents’ medical bills. Why not give us a call? The worst thing that can happen is you save money. 🙂
Investing in the stock market is on par with gambling, even for those who are educated and financially savvy. Why? Because of the number one rule of investing–the stock market is based on human emotion, not economic facts.
The Nestegg Repairman 