Investment loss has put John and Mary, our 58 year old friends, in a state of panic over their retirement plans. Instead of having over $50,000 a year annual income, the drop in interest rates and 401K loss, leaves them with barely $16,000 in annual income.
They realize that they no longer have the time to use the traditional approach to save or invest to build up a cash fund that then is invested at 7 to 10% to give them income to live on. They won't live long enough to save enough and they want to retire in the next couple of years, not ten years from now. They need cash flow to live on now.
They have been advised to look into starting a business to create monthly income.. They do not want to work full time. They do not want a business that only makes money when they are working. They want to retire not go back to work for another 10 years. They don't have much money to use for a business due to their investment losses.
They need a business that will give them the financial freedom that their investment loss has taken away from them.
They want a business with repeat sales. As J. Paul Getty, one of the first billionaires said, a product that goes up the smokestack, down the stomach, or down the drain. It gets used up, so the buyer needs to buy more.
They want a business with a sales force that sells while John and Mary travel. As Mr. Getty said, they want 1% of the efforts of 100 people rather than 100% of their own efforts.
Not being professional salespeople, they want a business where buyers make a selection on their own without any convincing. Their example is buying toothpaste. The customer picks out the product doing their own research.
They want the freedom to do business from anywhere in the world, perhaps over the internet, with just a phone and a computer.
With many of their friends having the same problems with investment loss, they would like to be able to be successful themselves and be able to recommend to others that they take a look at a tried and tested business plan. They want to be able to share something good, just like they would with a good movie or good restaurant, but also get paid for making the recommendation.
They are looking for a ready to go plan. They can't afford to reinvent the wheel. Joining an established business and group would be ideal, particularly if the group helps to make their business grow.
John and Mary must take action now. They must do something different to make up for the investment loss they have suffered. Many, many baby boomers are now in the same predicament and look for step by step instructions on how to succeed in generating that cash flow. They need the cash flow but can't wait for investments to recover, if they ever will. It is a different concept but one which has the same result, monthly cash flow. - 20767
They realize that they no longer have the time to use the traditional approach to save or invest to build up a cash fund that then is invested at 7 to 10% to give them income to live on. They won't live long enough to save enough and they want to retire in the next couple of years, not ten years from now. They need cash flow to live on now.
They have been advised to look into starting a business to create monthly income.. They do not want to work full time. They do not want a business that only makes money when they are working. They want to retire not go back to work for another 10 years. They don't have much money to use for a business due to their investment losses.
They need a business that will give them the financial freedom that their investment loss has taken away from them.
They want a business with repeat sales. As J. Paul Getty, one of the first billionaires said, a product that goes up the smokestack, down the stomach, or down the drain. It gets used up, so the buyer needs to buy more.
They want a business with a sales force that sells while John and Mary travel. As Mr. Getty said, they want 1% of the efforts of 100 people rather than 100% of their own efforts.
Not being professional salespeople, they want a business where buyers make a selection on their own without any convincing. Their example is buying toothpaste. The customer picks out the product doing their own research.
They want the freedom to do business from anywhere in the world, perhaps over the internet, with just a phone and a computer.
With many of their friends having the same problems with investment loss, they would like to be able to be successful themselves and be able to recommend to others that they take a look at a tried and tested business plan. They want to be able to share something good, just like they would with a good movie or good restaurant, but also get paid for making the recommendation.
They are looking for a ready to go plan. They can't afford to reinvent the wheel. Joining an established business and group would be ideal, particularly if the group helps to make their business grow.
John and Mary must take action now. They must do something different to make up for the investment loss they have suffered. Many, many baby boomers are now in the same predicament and look for step by step instructions on how to succeed in generating that cash flow. They need the cash flow but can't wait for investments to recover, if they ever will. It is a different concept but one which has the same result, monthly cash flow. - 20767
About the Author:
If you are concerned about recovering from investment losses, James (Jim) Montgomery recognized as a Texas Super Lawyer explores tried and trued methods of replacing that investment losses cash flow without waiting years to build a retirement account.
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