1. "We have to win. You can't go anywhere if you lose." Jack Welch, 2009
2. Why do some financial gurus feel good about losing less than their competitors?
In my book, both are net losers.
3. Why will the general public trust some advisor, wealth manager or other "knowledgeable" person to
provide an outcome that they cannot possibly control?
4. We hear a lot about encouraging people to put money where it can never be lost again. On average,
such people have lost 40% of their invested assets. The problem is that those "safe" places are loaded
with ordinary income tax on the back end and are expected to grow, on average, at about 5% per year.
At such a growth rate, starting with 60% of the 2007 asset base, year 1 shows 63%, year 2 - 66.15%,
year 3 - 69.46%, year 4 - 72.93%, year 5 - 76.57%, year 6 - 80.4%, year 7 - 84.42%, year 8 - 88.64%,
year 9 - 93.07%, year 10 - 97.72%, year 11 - 102.6%. At 5% in these "no loss" contracts, it takes nearly
11 years just to get back the lost money, and that doesn't count
A. the ordinary income tax on that growth, or
B. the requirement that there be no "DOWN" years in the stock market which would
create a zero interest credit in such years.
Realistically, with the heavily-touted "safe money" programs, you can expect at least a 15-year span for full
recovery of your 2008-2009 losses, IF you have taken all of your money OUT of the market. And that doesn't
compensate for lost buying power due to inflation.
My clients have increased their account balances by 30% to 120% just since January 2009 and
later. They are nearing or have already exceeded total recovery in just a few months with a "risk-
managed" account. Need I say more? 3rd-party proof is available.
5. 77% of all 401-k money of unemployed workers is still sitting in the original employer's plan since the account
values started falling in 2007. Not only have they lost a ton of money, they are still totally ignoring the condition
of those accounts! Incredible.
GCM HELPING YOU FROM EVERY DIRECTION 
