Are You Managing Risk by Hiding It Instead? Don't let this Bite You!
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Did you know, that successfully avoiding risk can be more important to your wealth than finding great returns? \\u26a0\\ufe0f But most people (including financial planners) think they can \\u201cmanage risk\\u201d when they\\u2019re simply hiding the risk instead. Don\\u2019t let this bite you.\\U0001f988
Learn from a real-life story of Steve Wynn\\u2019s Mirage Hotel & Casino + the fact that \\u201cIn the last fifty years, the ten most extreme days in the financial markets represent half the returns. Ten days in fifty years!\\u201d
In 1911 the Supreme Court ruled Life Insurance was a Transferable Asset, and Justice Oliver Wendell Holmes wrote the court opinion saying life insurance is one of the \\u201c\\u2026best recognized forms of investment and self-compelled saving.\\u201d
Discover how you can manage risk through whole life insurance in a way that\\u2019s impossible through the Stock Market alone.
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Resources:
Supreme Court Ruling Grigsby v. Russell (1911) - On Life Insurance as Transferable Property
How to Read a Life Insurance Illustration - Video
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