It’s easier than you think
2018 was the worst year for stocks since 2008 but even more worrisome was the volatility we experienced. The Dow swung 1,000 points in one single session alone! This has happened only eight times in its history and five of those took place in 2018.*
The good news is the Dow Jones had one of its best January’s on record which helped ease the pain of December’s losses. But the question people are asking is, “is there a way to grow our money and have access to it without worrying about market volatility?”
The answer is yes!
If you’re a business owner with a corporation, it’s even better. You can:
· Grow your assets· Access your invested cash· Limit the volatility on your investment
· Increase the value of your estate and
· Transfer money to your heirs in the most tax efficient way available today
This strategy was a lifesaver last year for my client Joanna, a business owner who needed some extra funds to grow her business. The problem for Joanna was, when she spoke with her investment advisor, he told her that the market was down and her funds were not performing well at the time, so she wasn’t eager to cash them out. When she asked me what her options were, I explained to her that we could borrow from the cash in her life insurance policy. This allowed her the funds she needed, without worrying about timing the market or market losses and minimized tax consequences for her. It was the best solution all around.
To find out how this strategy can fit in with your current investments, schedule a call with me today for a complimentary 30-minute consultation.
*To read the CNN article, click here.
Aviva Abraham is a group benefits and insurance advisor at Creative Planning. She has been providing healthcare solutions for self-employed and business owners since 2010.