The Corornavirus brings on a Black Swan


Manage episode 257545951 series 1082285
By Jesse McFie and Dr. Tom McFie. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

The market has plunged rapidly into a black swan, and a black swan is where typical financial planning fails.

Typical financial planning tells you just to keep your money in, and let the market come back up. But many times, the best deals are to be found in times like these. If your money is all tied up, you are going to miss out.

Traditional financial planning starts out by purchasing Whole Life Insurance, which is not tied to the market. When the market is in a time like this, your money is easily accessible to use for any opportunities that may arise.

Sadly, many people who are losing money because of typical financial planning, think it’s too late to start planning traditionally. Heres the good news: It’s not!

When it comes to Whole Life Insurance, there are many “interesting” products and designs. There is an art and a science to designing Whole Life Insurance, not every life insurance agent can design a good policy. We design the best whole life insurance, customized to meet your needs.

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Also in this episode: My children don’t have steady income, how do I help them start a policy?

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