Norman R. Augustine is a smart, accomplished guy.
He is an Eagle Scout, a fellow of the American Academy of Arts and Sciences and the recipient of the National Defense University Foundation Lifetime Achievement Award.
He's taken aerospace companies including Lockheed Martin to new heights, served as the Under Secretary of the U.S. Army and has made a lot of money while contributing greatly to the common good.
And he's a skeptic of Wall Street and those who view it as the only way to achieve financial prosperity.
Augustine once famously quipped that "if stock market experts were so expert, they would be buying stock, not selling advice."
It's a good perspective to keep in mind as you make decisions about where to invest your money as you build a solid financial future. It also may offer some insight into why most people on Wall Street don't want you to know about life settlement investments.
What you need to know about life settlement investments
Life settlement investments have been around for about two decades, and they're growing in popularity even as Wall Street continues to push more traditional investment products, such as stocks and bonds.
The nice thing about life settlement investments for you, the investor, is that they aren't affected by the ups and downs of the markets, real estate and oil prices, or even politics. They're a low-risk way of investing that offers the possibility of high returns.
They also don't saddle you with ongoing maintenance and management fees.
In today's world, where billions of dollars in life insurance premiums lapse each year, Baby Boomers are growing older and market instability is an everyday issue, more people are looking for alternative investment opportunities to truly diversify their portfolios while at the same time strengthening their financial futures.
Life settlement investments offer that opportunity.
How life settlement investments work
Life settlement investments involve buying into the beneficiary interest of a life insurance policy or policies--and then receiving the payout once the policy or policies are paid out.
People who no longer need or can afford their life insurance policies sell them to you (via a broker), you pay the premium for the life of the policy and then you receive a guaranteed payout.
The only real risk associated with life settlement investments is time. The longer the policy remains in effect--the longer the person who originally purchased the policy lives--the longer you are required to pay the premium.
In most cases, only policies held by seniors who are older than 65 (and often older than 75) are purchased. This further limits your risk and increases the likelihood that you'll receive a significant return, which has typically been between 12 and 14 percent over the past few years.
The financial advisers on Wall Street don't typically talk about life settlement investments, although it is a growing industry. But that shouldn't keep you from exploring the product as a viable way to diversify your portfolio and use it as a defensive strategy against the market's volatility.
Don't simply settle for the status quo investment options that the "experts" insist on pushing. Instead, take a look at life settlement investments. Just because Wall Street doesn't want you to know about it, doesn't mean it's not a great option.
And after all, there's a reason all the "experts" are selling advise rather than buying stocks: Your returns aren't guaranteed when it comes to the stock market, but they are when it comes to life settlement investments.
Connect with us today to learn more about how life settlement investments can benefit you.