The Missed Fortune strategy helps individuals preserve wealth and optimize their assets.
Missed Fortune is an asset optimization strategy created by esteemed financial planner Douglas Andrew and based on his best-selling books, Missed Fortune and Missed Fortune 101. In the Missed Fortune curriculum, Andrew explains how prudent individuals can maximize their rate of return while minimizing their risk of loss.
Andrew established the Missed Fortune line with a focus on the economic principal of acquiring funds using tax-favorable techniques that allow a greater retirement income. The system also stresses the importance of positioning retirement monies where they are readily available in case of an urgent necessity. The Missed Fortune program points out key questions all individuals must ask themselves before putting additional monies into a 401K or IRA – tactics that only offer temporary tax benefits, according to Douglas Andrew.
The Missed Fortune approach advises establishing more stable financial strategies that offer tax advantages later – at what Andrew calls the Harvest Period. One of the most overlooked opportunities cited in the Missed Fortune plan is buying specific types of life insurance policies. In the Missed Fortune books and program, Andrew illustrates how these insurance policies – when planned correctly - are akin to conservative mutual funds, but with greater tax saving opportunities.
Unlike traditional asset management plans, Missed Fortune does tout home equity as a key resource. Instead, the system teaches individuals how to perform financially, much like large corporations and banking institutes. In the Missed Fortune series, Andrew places the emphasis on arbitrage, or borrowing at a low interest rate and contributing those funds to a conservative financial vehicle that grosses a higher return, thereby creating higher net income streams.
Missed Fortune author Douglas Andrew began his career over three decades ago out of personal necessity. He, like many Americans of today, lost his home to foreclosure. His dreams of financial freedom were, for a short time, shattered. But Andrew, not one to bow to pressure, devised his own wealth accumulation strategy, which eventually became the methodology taught in Missed Fortune and his other best-selling publications. Andrew has also co-authored Millionaire by Thirty along with his two self-made millionaire sons who were in their twenties.
Douglas Andrew is a retirement specialist who asserts his Missed Fortune program can create greater wealth while preserving the most valuable asset of all: personal relationships. He is notable for pointing out the ten most common financial pitfalls young people today face, including impatience, inexperience, and blind trust. Andrew is a sought after public speaker with a knack for explaining difficult concepts in a way that make them understandable and relatable.
Andrew’s Missed Fortune wealth transformation strategy is available in North America via educational symposiums and accessible across the globe online. Andrew heads a team of financial professionals who undergo intense training through the Missed Fortune program and are given specific focus on helping others optimize assets and manage personal equity.
For more information about the Missed Fortune program, visit www.missedfortune.com or get a sneak peek inside the cover of all of his acclaimed books on www.amazon.com
Meeting with a Missed Fortune Wealth Architect is one of the most important steps in planning your retirement, says Missed Fortune’s Douglas Andrew. By breaking down a complex process into easy-to-understand concepts, these trusted experts have the ability to share advice and insight with clients of a variety of backgrounds.
By exercising good judgment about everyday financial matters, Missed Fortune clients are better positioned to avoid the following common mistakes:
Following the crowd and relying solely on traditional vehicles like 401(k)s and IRAs
Using long-term investments for short-range goals and short-term investments for long-range goals
Letting one’s credit score sink below 720
According to the experts at Missed Fortune, life can follow one of two paths – predictability or randomness. Where is your path leading?
By following the same recipe time and time again, bakers typically see the same results without fail. When examining the careers of people who have built reputations as high achievers, one thing becomes incredibly clear. These individuals follow a recipe for success, as well, refusing to leave their lives open to chance or circumstance. On the contrary, they decide to take charge and set their own course.
Predictability is an important principle that can impact most any aspect of life, points out Missed Fortune. When people recognize the power of developing and managing predictability in their daily lives, they are ready to turn dreams into reality.
The current state of the economy is still not fully bouncing back, but that doesn’t mean Americans’ futures have to be bleak. It’s true there may be fewer options for creating a life of abundance and prosperity, but as Missed Fortune Founder Douglas Andrew urges, if you take time to understand the teetering fiscal state of the US, you’ll be more capable of making important changes in how you plan for your safer tomorrow.
First and foremost, says Missed Fortune founder, the United States has racked up a staggering $6.5 trillion of debt during the current President’s administration. This, stacked on top of an existing $5 trillion deficit, has created an environment where more Americans have received government aid than ever before, which only further compounds the problem.
Subsidized healthcare, in the form of a 2500-page document called the Affordable Care Act, has all but smothered employer-sponsored health insurance plans and forced millions into the so-called healthcare marketplace.
Q: Why is predictability such an important concept for me as a financial saver?
Missed Fortune: The true value of predictability is most evident when in the context of planning your financial future. When it comes to your money and retirement, this aspect of life is too crucial to leave your well-being up to fate. We all deserve to have the reassurance that we will have enough for our needs—and even our wants when it comes to travel, family experiences, charitable giving, etc.—now and in the future. A financial strategy should be designed to offer a consistent flow of income, regardless of the ups and downs in the real estate or stock markets.
Q: How can predictability protect me—and propel me—in my financial future?
Missed Fortune: A well-crafted strategy should be in place so you can survive the challenging and increasingly volatile economy. But you may need a smarter approach, one that helps you avoid unexpected losses that can come from a stormy economic climate. This is where predictability comes in, and it’s an idea that is understood by every single investor who strives to accumulate a significant amount of wealth. As the market continues to experience difficulties, people who have a clearly defined financial program are more likely to remain stable during the ebbs and flows.
Q: Why is it so important for professionals in business to move beyond their comfort zone?
Missed Fortune: Following the crowd is essentially taking the path of least resistance. Sure it doesn’t take much effort. It certainly doesn’t require new thinking. And it may make you feel safe. But will it help you arrive at great new destinations, achieving the career and life you truly want? Just ask everyone who thought the world was flat and stayed put. Folks like Amerigo Vespucci and Christopher Columbus might say it was worth the risk to leave the crowd behind.
Q: Who can most often benefit from a major shift in strategy?
Missed Fortune: Both top executives and rising entry-level workers can realize powerful results from shaking things up and making a change. Unfortunately, most people are content to amble along in this world, putting forth little effort. Meaningful and long-lasting growth can only occur when we step out on a limb and push ourselves to climb higher.
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