Why you need a Wealth Reserve

A Wealth Reserve is the total value of your "assets that grow by themselves." It includes your pension plan at work, your own IRA or ROTH IRA, your regular securities accounts, your rental real estate and any other assets that don't loose value.

The purpose of a Wealth Reserve is to allow you to become or continue to be, financially independent. Income is different than wealth. There are many people who earn large paychecks but have little wealth. They "consume" a lot of things and resources. Most things don't grow in value and are wasted. Most millionaires don't have huge incomes. They buy assets that grow without further work being done by themselves. When they buy things, they buy value--used luxury cars, items at wholesale prices or on sale--only after saving (investing) for them. Wealth is a way of living, not a movie you act in. Most people only act like they are wealthy. Real wealth requires patient and savvy uses of your income--not a huge income. That is why ANYONE can have real wealth. And you don't need an extra job to get it.

Your Wealth Reserve could amount to over $1,000,000 by investing what you saved when you buy insurance, banking, mortgage, annuity, mutual funds and securities directly from the firms industry insiders use. As little as $3.33 a day will allow you to become financially independent. You DO NOT need live on a budget.

You need to learn how and where to buy the financial services you need. Most people overpay for the products and services they have. You just don't know it.

As editor of The Insider's Guides, I have documented over and over the fact that most people waste about $3,000 a year on fees, commissions, charges, and costs they really don't need to pay. The Insiders I know and interview have shown me their "secrets of the trade."

For instance, your auto insurance premium probably includes duplicate health care, life insurance, and emergency services you are already paying for. Your life insurance may include charges for triple X reserves you don't need. Your mutual funds probably cost 10 times what they should. Your broker's advise has probably lost more money than if you had decided yourself. Your banks are taking over $600 a year without you knowing it. You are paying 5 times the price when you buy on time (credit cards).

Over time, these excessive costs mount up and compound into real wealth you gave away. Most members of our organization can save $100,000 to $200,000 over time.

Our member Ron R's experience is typical:

Ron wanted a simple investment strategy that didn’t cost much. He wanted to start a simple investment strategy now that he is out of college in his first job. His employer has no retirement plan. Ron read our FREE Guide to decide WHICH securities could help him reach his long- and short-term goals. Ron opens a ROTH IRA with automatic investing. He wants to have over $1million in 25 years so he commits to $500 a month. Even if he decides not to retire early, he will have about a $100,000 in 10 years, $250,000 in 15 and half a million in 20. He uses low-cost stock funds which can gain 12% a year and cost only 0.09%. He avoids the broker fee (loads) of 5.75% per investment. He purchases fewer shares when the price is high (dollar cost average) so he will end up with the lowest cost of his shares. Ron will save about $200,000 over time.

The other Insider’s Guides illustrate where the money comes from that builds your Wealth Reserve. We show you how to use your Wealth Reserve to save over 40% on vehicle, home, life, disability, and long-term care insurance.

The Insider's Guides illustrate how to use the Reserve to self-insure and self-fund all your financial needs saving you up to $3,000 annually. Ultimately you are better protected by having the funds to pay for your lifestyle independently.

Our Insiders have decided to start posting their "tricks of the trade" so that more working people can stop overpaying the financial services industry. The Insiders work in the industry now or recently. We are providing this information because we are unhappy with our industry’s role in helping educate their fellow citizens. We are unhappy that there is no basic financial education in our schools. Consequently, those who need help the most are being left further behind.

The disturbing facts we see:

The top 10% of American earners capture over 40% of the nation’s income. First time in 65 years! (NYT 6/25/6)

52% of Americans don’t know how much they need to live on. 36% have not saved for retirement. 57% have a retirement account BUT the median amount held is only $2,000. (BLS.gov)

Indebtedness is a national addiction. The average debt, per household, NOT counting mortgage debt, is about $14,500. Total personal debt is $84,454. Future promises (Medicare, social security, etc) equal $473,456 per household. (USAToday 10/3/4)

We feel that most people would be better off if they used the same low-cost products and services that we do. By using our Insider information about products and services, you can buy the best products and save. Most of the products and companies industry professionals use carry the highest financial ratings. These companies’ products are a better value -- low cost/high quality -- because they are not advertised and do not pay high fees or commissions. In other words, we usually can’t sell them but we buy them for ourselves.

Our mission:

“Give a man a fish; you have fed him for today. Teach a man to fish; and you have fed him for a lifetime.”

Our weekly alert provides Ways to Save every Friday. It is free.

Live Long and Wealthy