Fundamental Long-term Wealth Building
Market crashes will set your portfolio back 5, 10 or 15 years. The stress is multiplied tenfold if you are coming up on retirement and a crash hits. Ten years later the only reason your account got back to where it was before the last crash was because YOU kept contributing after the crash. Problem is, 10 years went by and your portfolio’s balance, less the money you’ve put in since after the crash, is just a tad higher than it was before the crash. Again, only more because YOU contin ued to put into it since the last crash.
West Coast Swiss Group will make sure you never lose money again and never again eliminate the most powerful financial vehicle to build wealth……compounding interest. By preventing you from losing money, WCSG can give you an actual retirement date given my current assets and how much I want every month in retirement and why can’t Financial Advisors? Your financial future is much more predictable and not at the mercy of the volatile stock market. Here’s a little math on how long it takes to come back from a stock market:
Say you have $500,000.00 saved and the next big correction (crash) hits your 401k, IRA, stocks and you lose 40% (which many Americans lost more than this in 2008), about $200,000, how many years will it take to “come back” at an average of 5% net gains per year after fees and taxes? That’s about 8 years to come back. This time element of money is why you don’t want to LOSE money.
Ask yourself why your financial advisor, planner or strategists have never brought up these concepts of money. Could it be that their financial interests are tied to the success of the Dow Jones, S & P and NASDAQ, not your interests? Why are we the only country in the world that has a 401k? Would it be because the government knows that consumer confidence will promote spending, where by furthering stock market increases? 401ks are an insurance policy for the government to lock up money so the stock market will be guaranteed to increase.
The soft music, the nice receptionist, the degree from Stanford, the cucumber water and all the big financial words have a way of giving credibility to a financial advisor and encouraging you to surrender to their pitch. We’re saying that net results matter and that most people are not seeing nearly what they thought they should have after having played by their advisor’s rules all those years. Why not get a fresh perspective on the most important thing that guides your life….. your money?
I’m a CFO by trade. WCSG has strategies for families, executive & business owners that accountants and financial advisors don’t have. Highest recommendation.
Probate Attorney, As an attorney, my job is to weigh risk. As an investor, weighing risk and reward is even more important. As someone retiring in next 15 years, I wanted to eliminate the risks of a stock market crash. WCSG does this better than any other company.