Posts Tagged “mutual funds”

Canadians lose 40%+ of their lifetime retirement assets to the financial industry!

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  This is what we learn from The Poor Bartender; the only UNCENSORED book on how not to lose money when dealing with the financial industry. This book shows how saving money is the easy part of retirement planning. Investing money is the hard part and this is where Canadians lose most of their retirement…

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Index Universal Life (IUL): When scandalous selling is the norm

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  PART 1) COST BASE ANALYSIS   “The greatest lie made by the insurance industry is to represent that $1 in illustrated value, the result of a constant rate of return, can be translated and is the equivalent of $1 of real and actual cash value, the result of a rate of return that changes…

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Regulatory wars: the perfect catalyst for regulatory changes

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http://www.amazon.ca/gp/product/B00PR35MEO?*Version*=1&*entries*=0   Only 5% of the taxes and fees collected by the states (US) or the provinces (Canada) is used to regulate the insurance industry. 95% of what is left goes into general revenue and can be considered as profits to the states or provinces. It is therefore simple to conclude that the states or…

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