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Hedging Your Bets
As one network marketing leader who currently lives in Beijing with his wife and son, said, "Fortunes are going to be made from international expansion in the coming years," says Shawn, "but many Americans don't think about it. The truth is, anyone can grow an international business today, even from home. The next five to ten years are going to be a very exciting time, because commerce and communication are going to integrate globally." Let’s take a minute and consider the impact of this global economy upon our own lives and if what Shawn said is truly the case. Years ago, some executives in the insurance industry decided to adapt the concept of “leveraging” the abilities of a Universal Life (UL) policy to have a cash accumulation benefit by taking the standard Universal Life insurance policy and adding a twist to it. They created a way that the money you paid into your policy above the cost of insurance for a tax-advantaged investment, was going to build on an indexed number generated by the Standard & Poor’s 500 and how that index changed year over year. Then they added another twist to it that it would rise to a cap of around 12.5% and level off there but when the S&P index dropped it would bottom-out at 1% never going below that figure. Thus you were leveraging the ups and downs of the market with a guarantee not to lose your initial “ investment”. That proved to be a very sound idea and the UL (Universal Life) became an IUL (Indexed Universal Life) policy that leveraged one’s cash accumulation process. Now fast forward a few years into the mid-2000’s and what did they do? They introduced a similar product that is based upon not only the U.S. economy but it uses three global economy indexes. By using the S&P 500 (U.S., the Euro (European), and the Hang Sing (China) you now have a way of accumulating cash value in your UL that leverages the global economies. Since we are experiencing the devaluation of the U.S. dollar and seeing other economies like China move towards a true global power, it just makes sense to be part of it in some way. All global economies are experiencing challenging times but the U.S. dollar is devaluing and that has been the foundation of global economies for years and in light of the weak U.S. dollar; there are many other economies that are fighting for a spot as the global leader and the Chinese are looking very strong at this time. So why not start an international business today using all of the commerce and communication tools that are available to you. In five to ten years you will look back and be very grateful that you hedged your bet and doubled-down when you did. Article Directory: http://www.articledashboard.com Jordan Crouter cell: 949-310-6998 www.jordancrouter.com jordancrouter@gmail.com |
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