The Peace of Mind Quotient Categories and Recommendations
Once you’ve taken the Peace Of Mind Quotient Self-Assessment, you’ll find our recommendations below on how to use your score to help guide you when making critical financial decisions. (Learn why knowing your Peace Of Mind Quotient is important.)
You have nerves of steel. Compared with us and most people we know, you’re from another planet.
You can lose money faster than a speeding bullet, but leap past it as if it were nothing more than a tall building. You withstand severe market volatility and financial gravity with endurance and abilities far beyond mortal men. You challenge the course of mighty financial forces – such as brokerage fees and hidden expenses– and fight a never-ending battle for wealth, bragging rights and the Wall Street way.
Although we never recommend your style of wealth-building to our readers, family or friends, we do respect that you know who you are and we encourage you to invest accordingly.
If your sentiments ever change or you eventually grow tired of market-generated kryptonite – a.k.a., huge unrelenting losses – you might consider some of the methods we do favor.
For now, all we can say is let the dice roll and safe high flying.
As Darth Vader once hissed in the movie Star Wars: “The Force is strong with this one.”
Only in this instance, it is temptation that is a powerful energy in your life. You covet the money and the thrill that result when you bet the long odds and win.
Unlike “Men (and Women) of Steel,” however, you are not immune to the guilt and regret that comes with betting wrongly.
We recommend you set aside perhaps as much as 50% of your savings for risky, volatile strategies (Wall Street, mutual funds, precious metals, commodities and the like) and dedicate the remainder of your portfolio to the sure and steady, such as the Bank on Yourself system of wealth creation.
Maybe if you think and wish and hope and pray it might come true: You might hit it big on a hot stock; watch your mutual fund produce the year’s best returns; sell your gold just before it tanks; or buy and flip a house for a cool couple hundred thousand dollars.
Then again, maybe not.
Somewhere in your heart, you suspect you’re not cut out to be a consistently high-risk player. But it doesn’t mean you can’t dream and can’t afford to tempt fate now and again.
We recommend you set aside no more than 25% of your savings for those uncertain and volatile opportunities. Everything else should be safely placed in a guaranteed, no-risk, wealth-building system, such as Bank on Yourself.
Are you ready to do something different?
And if you’re ready to find out how the Bank On Yourself method can give you the financial security and predictability you want and deserve, take the first step right now by requesting a free Bank On Yourself Analysis.
You’ll also get a referral to one of only 200 advisors in the country who have met the rigorous requirements to be a Bank On Yourself Professional, who can answer your questions and show you how much your financial picture could improve when you add Bank On Yourself to your financial plan.
There is more than one path to wealth. You are willing to take the one less traveled and that will make all the difference.
While the great majority of Americans cling to the belief that they absolutely must accept risk and volatility in order to build wealth, you understand that conventional wisdom is not always the right choice.
Often, you realize, the race goes to the tortoise, not the hare.
For you, all risk is not forbidden. And one day, when your financial fortress is complete, you might even want to revisit some of the riskier plays that for now you are wise to bypass.
Until then, stay the course you’re on. No more than 10% of your nest egg should be in stocks, precious metals, or other volatile vehicles.
Now I’ve been happy lately, thinking about the good things to come
And I believe it could be, something good has begun”
– Cat Stevens
Clearly, you are one of the tens of millions of American’s who do not – and never will – worship or envy money.
Most members of this group view money as a means to an end – one that includes a sense of order, safety, financial security and an anxiety-free lifestyle. To sacrifice any of these assets in exchange for greater wealth would be foolhardy.
That’s not to say you don’t enjoy money and the many benefits it brings – so long as you have your priorities correct.
You can, and will, grow wealthy without risk or volatility, if you continue to be patient, focused, and follow the type of life-long wealth-building strategies practiced by hundreds of thousands of satisfied Bank on Yourself followers.
You’re already on the express train to a rich and satisfying quality of life. Stay put!