The “Insanity” in our portfolio: Expecting different results?

Oct. 22, 2013 - PRLog -- In the last 6 years savings accounts and various types of bank accounts have not been giving great returns, although at one time banks were known for safety with moderate returns. This was a place where a person or business could put their money without any market risk and make a moderate return on their savings to send kids to college or take the family on vacation.

The days of receiving moderate returns and safety of principle are gone, or at least that’s what many people in the financial world are saying. There are many places that allow growth with safety. Just like the days of old not risking their money in a place that is fueled by daily emotion (as we have seen with the shutdown and debt ceiling deadline again). In fact there are places that not only provide safety of your money (you can’t lose your principal to the stock market), but places where you can receive moderate returns on your money and in some cases guaranteed returns on your money.

With all the hatred toward Wall Street over the last 5 plus years one thing still remains people feel that the only way they can grow their money is to risk it at the one place they dislike the most “Wall Street.” There are many different ways out there that can provide moderate returns and not lose any sleep at night. The problem with these places is overcoming the stigma they have.

The places that I speak of are derived from life insurance companies. A lot of people have heard negative things about life insurance whether it’s a waste of money or I’d rather take my chances in the Stock Market. No matter what you have heard or think about life insurance companies consider the source. These companies have been providing guarantees to people for hundreds of years in fact our parents or even grandparents probably received a pension from one of them at some point in their life.

These companies and plans have been around long before us and providing guarantees not only for pensions, but also helping families in a time of need by helping them financially. Life insurance companies have been around for a long time just like the world we live in, but just like the times; insurance companies are ever changing. Never losing sight of the foundation of their industry which is guarantees, and helping people to grow their money with consistent returns and safety.

There is room for Wall Street investments in everyone’s portfolio but to achieve true diversification requires safety and guarantees that the stock market can’t provide. If we are truly looking to achieve financial security we must look at all the options out their along with finding an advisor who focuses on education about all the options. Along with helping consumers understand how each of these financial instruments play a role in our financial security.

Josh is frequently seen in FOX,  ABC, The Chicago Chronicle, and CBS Money Watch. In his years as a financial professional, Joshua has seen the lifelong impact of retirement preparation – or lack of preparation—every day. Commenting on his career, Joshua says, “I feel blessed to have helped so many people prepare for the day when they don’t have to work any longer. As well as helping those in retirement keep it that way.”

You can find more about Josh at  www.aaronmatthewsfinancial.com

Ca Ins Lic #0H14287

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