In 1789 Benjamin Franklin wrote, “Our new constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.”
Well, there are actually a lot of people who don’t pay taxes including people with a lot of money.
On the other hand, as of 2017, DEATH IS STILL GUARANTEED. I can tell you this with some confidence, because I am a physician! And if you think that life expectancy always increases, you are wrong. For the first time since the 1990s, Americans are dying at a faster rate, and they are dying younger.
Americans are also sicker compared to people in other “rich” countries and in some states, progress on chronic diseases like diabetes has actually reversed. I have my theories on why this is happening but suffice it to say that it is.
Now, when we think about investing, we often like to know what the “guarantee” is. What is the investment secured by? We don’t want our investments to be unsecured. That’s why it’s nice to invest in something that is correlated with something real, like real estate, on which we can hang our hats.
Now, what if you could invest in something that was backed by something guaranteed more so than any real estate or other tangible asset–something that was guaranteed in all economies, good and bad and regardless of the equity or real estate markets? Well, it is possible to do that. You just have to invest in something that is guaranteed by death.
That may sound morbid to some of you, but the richest people in the world have been using a technique for decades unknown to the rest of the 99.99 percent of us that might be the ultimate investment hedge–it’s an asset class called life settlements.
Sound interesting? If so, watch the following webinar where I teach you all about this unique asset class.