If you want to live like the wealthy, you need to think like the wealthy.  Join Ferenc Toth each week for the Your Personal Bank™ Show, Saturdays at 10:00AM. Your Personal Bank™ is a powerful financial tool typically only shared with the ultra-wealthy by the financial industry.  Learn how to gain control of your money . . . create tax-favored income . . . and access more funds over your lifetime.  It’s the Your Personal Bank™ Show . . . the show that can change your financial life. Call 866-268-4422 for more information.

<p>If you want to live like the wealthy, you need to think like the wealthy.  Join Ferenc Toth each week for the Your Personal Bank™ Show, Saturdays at 10:00AM. Your Personal Bank™ is a powerful financial tool typically only shared with the ultra-wealthy by the financial industry.  Learn how to gain control of your money . . . create tax-favored income . . . and access more funds over your lifetime.  It’s the Your Personal Bank™ Show . . . the show that can change your financial life. Call 866-268-4422 for more information.</p>

Your Personal Bank with Ferenc Toth

5.9.23 - Is Your Money in the Bank Safe?

Initially I was against the Iran War. I realized it was a knee-jerk reaction to forever wars.



Below are the reasons why gradually have come to support it.

1. Trump is different than previous presidents.

2. Iran is the #1 sponsor of terrorism in the world

3. This is about China and oil, not just Iran. China's primary allies for oil was Venezuela and Iran. Wars need oil. This weakens China militarily.

4. Strengthens dollar as world reserve currency and weakens the BRICS currency. Without access to Venezuelan and Iranian oil, China is forced to purchase oil in US dollars.

5. Demonstrates US strength. US military and technology is impressive. This discourages bad actors. "Speak softly and carry a big stick" Teddy Roosevelt. 6. Good for the US. It is America First. This sets up the US for global economic and military dominance.

<p class="MsoNormal">Initially I was against the Iran War. I realized it was a knee-jerk reaction to forever wars.</p> <p class="MsoNormal"> </p> <p class="MsoNormal">Below are the reasons why gradually have come to support it.</p> <p class="MsoNormal">1. Trump is different than previous presidents.</p> <p class="MsoNormal">2. Iran is the #1 sponsor of terrorism in the world</p> <p class="MsoNormal">3. This is about China and oil, not just Iran. China's primary allies for oil was Venezuela and Iran. Wars need oil. This weakens China militarily.</p> <p class="MsoNormal">4. Strengthens dollar as world reserve currency and weakens the BRICS currency. Without access to Venezuelan and Iranian oil, China is forced to purchase oil in US dollars.</p> <p class="MsoNormal">5. Demonstrates US strength. US military and technology is impressive. This discourages bad actors. "Speak softly and carry a big stick" Teddy Roosevelt.</p> 6. Good for the US. It is America First. This sets up the US for global economic and military dominance.

Why I Was Initially Against the Iran War, But Gradually Changed My Mind

Ferenc Compares Index Annuities with the new Hybrid Annuities1. A common myth is that if you want guarantees, you have to sacrifice strong growth. This is no longer true.2. Ferenc shares a new client case that compared an Index Annuity with a Hybrid Annuity. Hybrid AnnuityIndex Annuity      Growth:                       Limited: capped at 11-17% annually         Unlimited: no cap         Downside Protection:  Partial: 10-20%                                         Full: principle guaranteed      Annual Fees:               2.5%                                                         None3. If you have an annuity that has had under 7% returns the past couple of years, you have a subpar product with poor returns. You should consider comparing a superior product.4. If you have an early surrender penalty, bonuses of 22-29% are available to offset the penalty with strong index options.

<div> <div> <div> <div> <div><span style="font-family: arial, sans-serif;">Ferenc Compares Index Annuities with the new Hybrid Annuities</span></div> </div> </div> </div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">1. A common myth is that if you want guarantees, you have to sacrifice strong growth. This is no longer true.</span></div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">2. Ferenc shares a new client case that compared an </span>Index Annuity with a Hybrid Annuity. </div> <div>                                          <u>Hybrid Annuity</u>                                          <u>Index Annuity</u>    </div> <div>      Growth:                       Limited: capped at 11-17% annually         Unlimited: no cap   </div> <div>      Downside Protection:  Partial: 10-20%                                         Full: principle guaranteed</div> <div>      Annual Fees:               2.5%                                                         None</div> <div> </div> <div>3. If you have an annuity that has had under 7% returns the past couple of years, you have a subpar product with poor returns. You should consider comparing a superior product.</div> <div> </div> </div> <div>4. If you have an early surrender penalty, bonuses of 22-29% are available to offset the penalty with strong index options.</div>

Common Myth: If You Want Guarantees, You Have to Sacrifice Strong Returns. This is False.

Ferenc Dispels Several Myths and Misconceptions with Index Annuities and Index Universal Life Policies including:1. If you want guarantees, you don't have to sacrifice strong returns. If you own an index product with poor returns, you are invested in the wrong indexes.2. Unlimited upside with no downside risk is "too good to be true". Ferenc explains insurance companies invest the interest, not the principle. This provides indexes with 10-12% 10-year average annual returns while guaranteeing the principle. 3. Limited access to funds. Index Universal Life provides significant access to funds, tax-free growth, and access. Traditional qualified accounts (IRA/401k's) withdrawals are taxed. Large withdrawals typically create large tax liabilities. Index annuities early surrender penalties are typically far less than the tax liability. Index annuities are an excellent fit for traditional qualified accounts.4. Market Value Adjustments are reducing early surrender charges significantly. Most of my clients surrender charges recently have been eliminated in a year or two. This provides full liquidity quickly.

<div> <div> <div> <div> <div><span style="font-family: arial, sans-serif;">Ferenc Dispels Several Myths and Misconceptions with Index Annuities and Index Universal Life Policies including:</span></div> </div> </div> </div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">1. If you want guarantees, you don't have to sacrifice strong returns. If you own an index product with poor returns, you are invested in the wrong indexes.</span></div> <div><span style="font-family: arial, sans-serif;">2. Unlimited upside with no downside risk is "too good to be true". Ferenc explains insurance companies invest the interest, not the principle. This provides indexes with 10-12% 10-year average annual returns while guaranteeing the principle. </span></div> <div><span style="font-family: arial, sans-serif;">3. Limited access to funds. Index Universal Life provides significant access to funds, tax-free growth, and access. Traditional qualified accounts (IRA/401k's) withdrawals are taxed. Large withdrawals typically create large tax liabilities. Index annuities early surrender penalties are typically far less than the tax liability. Index annuities are an excellent fit for traditional qualified accounts.</span></div> </div> <div>4. Market Value Adjustments are reducing early surrender charges significantly. Most of my clients surrender charges recently have been eliminated in a year or two. This provides full liquidity quickly.</div>

5.9.23 - Is Your Money in the Bank Safe?

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