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Why
Should You Take Time To
Learn?
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Profits - |
Education is critically important in everything we do in our lives.
This is especially true with respect to investments. Knowing little
things such as the type of order to use to accomplish a certain task
can lead to higher profits or lower losses. Profits can be
enhanced by simply having a basic knowledge of what
not to do.
Unfortunately, the
stock market does not always generate profits, sometimes losses
occur. Again, it is vitally important to understand how to protect
your investments from major losses.
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Losses - |
There are several key steps any individual can take which will
prevent major losses in his or her account. However, most
individuals who have money in IRA's, 401k, and other investment
accounts are just simply unaware of these basic protections.
The "11 Key Steps"
outlined in our publication
"Safeguarding
Your Retirement",
could have
prevented
the massive losses incurred in the employee 401k accounts of Enron, Worldcom, Tyco, Global Crossing, and hundreds of other companies.
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Family - |
All
of us want to provide, as best we can, for the financial security of our
family. Given the historical yields generated by the stock
market, (highest of any other asset class over the past 80 years) it
is imperative that Americans participate in the stock market to help
insure their family's long term financial security. However,
participating without a basic fundamental understanding of the stock market,
not only limits the effectiveness of the stock market, but actually
places the family's assets at risk
In addition,
many children have an interest in the stock market, and having the proper educational materials available in the
household will give the parents as well as the children the
opportunity
to be
better informed and therefore better prepared for financial success.
Just as every home
should have a dictionary and set of Encyclopedia's, so also should
every home have investment education materials.
The benefits
for the entire family will accrue for a lifetime.
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Friends - |
We
have an obligation to help our friends if we truly care for them.
There are many examples of this in our society, the most well
known is probably the slogan
"Friends don't let
friends drive drunk".
This is the perfect example of our responsibility to people we care
about, but who are not part of our family. Countless lives have
been saved by this very slogan.
We
hope to inspire a similar obligation of caring for friends who are
putting themselves and their families at great risk because they do
not recognize the importance of having a basic understanding of
savings and investments. To that end, we have coined the slogan:
"Friends don't
let friends - retire broke"
One final point to
remember, no one will
ever
care
more about your money,….. than
YOU!
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