It takes me thrice as long as a normal human to learn something. For some weird reason, I’m a glutton for punishment.
Here’s what I mean.
When I first started out in the finance biz, I was enthusiastic about whole life insurance, but…
It was boring. I mean… the contract is a bunch of guarantees.
You pay a guaranteed level premium, and get guaranteed death benefit forever, guaranteed cash value, guaranteed cash loans to access the money.
Blah blah blah.
It’s not secksy at all. I mean when you know exactly what your savings will be in 30 years, where’s the fun in that? So I started investing.
I bought all sorts of things. Sometimes I made money. Sometimes I lost money. Sometimes I lost a LOOOOOOOOOOOOOOOOOOOOOT money.
And I learned a few things:
- Do not pee into the wind.
- Do not tug on superman’s cape.
- Do not write stock options.
So when I lost my entire savings the first time, do you think I learned my lesson?
Haha. Surely you jest.
It took two more times before I FINALLY learned my lesson.
Always always always insure my savings first. Then, learn how to take rational risks when investing.
Why do I mention all this?
Well, after my last webinar, i realized something. I overcomplicated something which is really quite simple.
Violated my own rule.
DOH.
This coming Saturday, I’m hosting another webinar on following the cardinal rules of saving, insuring, and investing:
Rule #1: Never lose money.
Rule #2: Never forget rule #1.
I’ll show you how my wife and I protect our savings and how you can too. I’ll also show you how to increase your savings without saving more and without investing.
If you’re interested, go get on my email list: