Key questions to understanding the Missed Fortune concepts
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How can I get more information about these
strategies?
The easiest way is to attend one of our FREE educational events by registering here. If you like to read, you can purchase one of the NY Times and WSJ best-selling books in the Missed
Fortune series here. Or visit
the Resource
Library which includes links and third-party support for the
strategies. After attending an event or reading a book in the Missed Fortune series, we offer a no-cost
consultation and analysis with one of our tax-free retirement specialists.
Why hasn’t my financial
advisor heard of these strategies?
While most Financial Professionals are licensed
by the appropriate government entity, many of
them do not focus on ALL four phases of retirement
planning and the tax consequences associated with
retirement income during the withdrawal and transfer
phases. Many of them are trained in the traditional
manner and simply haven’t been exposed to
these cutting-edge concepts.
Some advisors may dismiss the
strategies simply because they do not know about
them and do not want to appear uninformed to their
clients.
What are the risks associated
with using the home equity management strategies
taught in the Missed Fortune books?
We consider home equity to be very serious. Like
many investments the risks can be enormous and
as such must be seriously addressed. We cannot
emphasize strongly enough that we discuss utilizing
your home equity to not only better your net wealth
and increase your retirement income but also (and
more importantly) to increase the liquidity and
safety of your assets. As such, the equity that
is reallocated must be in safe, conservative investments
where the principal is not at risk.
What types of investment
vehicles are appropriate for implementing this
strategy?
When choosing an investment vehicle for home equity
management strategies, it must be one that is
liquid, has a principal guarantee, and earns a
return greater than or equal to the after-tax
cost of the mortgage. The types of investments
that have these characteristics are analyzed in
detail at the seminar
and in the Missed Fortune books.
Is it true that the NASD
has issued warnings to advisors that advise their
clients to refinance their houses and invest the
equity into securities? Yes, in March of
2004 the NASD issued a warning to all of its members.
In essence, they warned against advisors recommending
that their clients take equity out of their homes
and invest it in securities. We at Ogan Financial
Group, Inc. applaud the NASD for taking this position
as many Financial Professionals were placing their
clients in questionable investments.
