Page 14 - Moran Financial
P. 14
A Properly Designed Infinite Banking Plan
More likely than not however, your financial advisor will, from my
experience, completely misunderstand the concept itself, make
erroneous assumptions, and lead you down the road of doing
what everyone else is doing –like exposing your money to
more risk in the stock market, or investing in
private equity – because that’s all they know!
Most of us are conditioned early in life, by “advisors”, friends or
the media, on how to invest, and end up paying too many fees,
experiencing huge losses, and worst of all, running out of time
to start all over again. The emotional toll it takes can cause health
and family challenges that can last a lifetime.
I’ve seen it firsthand. Been guilty of it. I will never go down that
road again, and you don’t have to!
My own personal risk tolerance is next to ZERO. After
learning the hard way I have little tolerance for losing
money, mine or my clients’.
I’ve witnessed and felt the trauma, the anxiety and the
brokenness some of these ‘too good to be true’ high risk
investments end up like. Nightmarish, entangled messes!
The risk-based methods of planning your financial “security”
are everywhere, and are snowballing at alarming rates! Risk
does not equal reward. In my experience, risk equals loss. 15
