Posts Tagged ‘buy term and invest the difference’


How the Masked Forces of Evil Plot to Devour YOUR Money – and the Brave Superheroes Who Combat Them

Dank and fetid, the inner sanctums of SSH4TT (and no, it’s not what you think!) are devoid of natural light and fresh air.

Few are ever allowed to enter these unholy chambers.  Those who do, disfigured and debauched by their own villainy, steer clear of mirrors and other reminders of their foul order.Vampire

In public, these odious creatures adorn themselves in gay masks and robes.  They are lauded and paraded as paragons of perspicacity.  Millions, yeah, tens of millions of innocents flock to the doorsteps of their opulent and cavernous estates – hoping to be swathed in the aura of their being – all the while stone-blind to the magnitude of their deception.

As a corrupt order, members of SSH4TT have a singular mission – and they pursue it mercilessly. Like vampires that require fresh blood to animate their dead carcasses, SSH4TTs lust after money – other people’s money – to fuel their insatiable rapacity.

SSH4TTs conduct their business, as they have for decades, free of a worthy adversary.

That was, until now…

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The Six Founding Members of SSH4TT – A League of Evildoers With an Unending Appetite for YOUR Money

Who are the six masked forces of evil who plot to devour your money? We reveal them here!

Stocks: Octohussy

Queen of Wall and Broad. She expulses barrels of ink (both liquid and digital) to project an image of herself as necessary, advisable, even compassionate.  All the while, her eight arms are reaching into every pocket and financial orifice of her prey, extracting their wealth, peace of mind and dreams for retirement.  Octohussy has no backbone or moral compass whatsoever.  She’ll contort, however necessary, to put the squeeze on her victims.Ramsey Orman Vise

Social Security: Aunt Bizarro

The sinister, sick-minded, grey-locked sister of Uncle Sam, and a first cousin of J. Wellington Wimpee (below).  Adorning herself in the American flag, she promises to protect the elderly and the ill – holding their money in her lockbox until they need it.  “I’ll gladly care for you in the future, so kindly hand over your earnings today,” she demands with a stone-like smile.  The lockbox, of course, is nothing but a dark void.

Home Equity:  Skyresh Detritus

High Admiral of SSH4TT.  Luring financial voyagers into his nest – well disguised as a cozy hearth – Skyresh binds them with promises of great wealth and flexibility, all the while chomping away at their financial foundations and opportunities.  Unwary investors check in, but few are lucky enough to check out undigested.

401(k)s:  Bokor

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Corporate accountant discovers Bank On Yourself… and now smiles when the market crashes

Derek Logan is the textbook “poster boy” for someone who did all the right things we were taught to do financially.  He’s been working since he had a newspaper route at age 10.  He diligently set his goals and used a budget system.  He maxed out his 401(k) and had his home paid off by the age of 45 – even though he and his wife moved 13 times in their first 21 years of marriage.  And he paid cash for major purchases.

But he still got blindsided several times by the totally unpredictable ups and downs of the stock market.

Derek Logan with his newborn granddaughter

Derek Logan with his newborn granddaughter

As a corporate accountant for more than 30 years, Derek realized he had set – and achieved – all of the goals he set for himself… except for the goal of being able to retire at a specific age with a specific amount of money.

Disheartened and frustrated because he was closing in on his hoped-for retirement age, but his retirement account had been decimated several times, he began to do a lot of soul searching.  He was willing to be open to other alternatives.

Fortunately, my best-selling book landed on his kitchen table as a Father’s Day gift… and the rest, as they say, is history.

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What the financial gurus think they know about Bank On Yourself that just ain’t so

Dan Kennedy

One of my most influential mentors (Dan Kennedy) says,

If you don’t offend somebody by noon each day, you’re not doing much.”

So I want to thank Danny Snyder, whose post to this blog you’ll find below (exactly as he submitted it), for confirming that I am indeed doing something:

First of all using the words “money on steroids” immediatly puts you in the liar and non-trustworthy catagory. If you put in $5314.44 and your cash value is $2937.18 you need some ritilin, you are A.D.D. Dave Ramsey (who is in a catagory way above the likes of you and Suze Boreman) knows of what he speaks. Millions of people have changed their lives due to Dave’s advice. You need to tread very lighlty, if you want to succeed and prove yourself. Think… before you tear down people you do not know. I do actually Bank on Myself.

Your a scam!

Danny Snyder

On this website, I have stated that I agree with many of the basic principles taught by the financial “gurus” like Dave Ramsey and Suze Orman.  And I know they have helped turn around the financial lives of many.

However, there are two critical areas we differ on…

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