This is the second part of the series where Douglas Andrew discusses liquidity, safety and rate of return when planning for retirement. These seem pretty basic, but not everyone is aware of these principles.
For those of you who don’t know, Douglas Andrew is the owner and president of Paramount Financial Services, Inc., located in the State of Utah. He is also the author of the books which have lent the namesake to our blog, Missed Fortune and Missed Fortune 101.
Here we have NY Times best selling author Douglas Andrew discussing the importance of liquidity, safety and rate of return when planning for retirement. Check it out and tell us what you think! Is he right? Is he wrong? Let’s discuss it!!
The Missed Fortune concept has to be one of the best financial strategies I’ve seen in my 17 years as a financial specialist. Although arbitrage is not a new concept, this book dares to challenge the conventional wisdom that was passed down from generations, thereby creating a new meaning to wealth management.
Douglas Andrew opened a big can of worms with this book Missed Fortune. For some it can mean wealth and steady income you can never outlive. For others it can be an outright nightmare.
The truth is the concept is not for everyone. Do it wrong and it will cost you a fortune, don’t do it at all and it will cost your retirement, but doing it right however, well… it will create total FINANCIAL INDEPENDENCE!
I started this blog with one thing in mind: to discuss, debate and analyze the concepts behind this powerful financial philosophy.
Join me as we take a journey down this rocky path together and prove or disprove the myths along the way.