How to Make Sound Financial Decisions Independently
NEW YORK, NY, May 10, 2019 /24-7PressRelease/ — Money Answers Show host, Jordan Goodman, invited Mark Willis, a #1 best selling author and the owner of Lake Growth Financial Services, to his weekly podcast to discuss how you can take control of your financial future without relying on bankers who come without a guarantee on your investments.
Money Answers Show episode, “Can You ‘Bank on Yourself’ to Wealth? With Mark Willis” discusses how to create a financial plan that is safe for your future without the unnecessary risky investments. Trusting your finances to a CPA or a banker comes with a risk that they can make an investment that doesn’t meet the expected returns, leaving you with retirement plans you can no longer afford.
Willis explains that there are options out there that allow you to remain in control of your financial future by with a relatively safe return such as whole life insurance policies.
As an option, he states, “when structured correctly, the policy grows with tremendous cash value accumulation unlike old fashioned whole life insurance that our grandparents may have had. These policies have tremendous capital that you can use as a financial management tool right from the start.”
While it is not the most flashy of investments, this strategy will survive dips in the market and make for a stable, reliable portion of your portfolio. Willis continues to explain that this is not only a safe way to accumulate value over time, but can be liquid capital to borrow from and use where it seems fit. Paying off debts with a predictable source of income is beneficial to most portfolios.
Choosing the right insurance company is an essential part of the process. Lake Growth Financial works with a number of trusted companies who have been around for over 100 years and offer the types of policies that can work to make for a secure portfolio that will benefit you for years to come.
For more information on how to take banking back into your own hands, listen to “Can You ‘Bank on Yourself’ to Wealth? With Mark Willis” and other great podcasts from the Money Answers Show.
You can listen to The Money Answers Show with Jordan Goodman live every Monday 12 p.m. PST; 3 p.m. EST. or download the podcast on iTunes, Stitcher, or wherever you get your podcasts. You can also catch Goodman on Money Answers TV. If you’re looking for additional information on financial topics, you can read Goodman’s books on everything from repaying your student loans to real estate.
Jordan E. Goodman is “America’s Money Answers Man” and a nationally-recognized expert on personal finance. He is a regular guest on numerous radio and television call-in shows across the country, answering questions on personal financial topics. He appears frequently on The View, Fox News Network, Fox Business Network, CNN, CNBC, and the CBS Evening News. He is the author/co-author of 13 best-selling books on personal finance including “Master Your Debt Fast Profits in Hard Times,” “Everyone’s Money Book,” “Master Your Money Type,” “Barron’s Dictionary of Finance and Investment Terms and Barron’s Finance and Investment Handbook.” Jordan is also a speaker and seminar leader on personal finance topics for business executives, students, associations, investment clubs, employees and others. For more information, please visit https://www.moneyanswers.com.
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