The personal savings rate is the 2nd lowest since 1960. Credit card debt is the highest on record. Loan delinquencies are increasing at a rapid rate. The US consumer is on fumes.

 

Small business earnings have declined for the past 3 years to near record lows. Large business bankruptcies are the highest rate since 2010. Many businesses are struggling.

 

New jobs now average less than 100,000 over the past 3 years. These numbers are only this low during recessionary times.

 

Recessions are not necessarily bad. They are part of a normal economic economic cycle.

 

There are 4 seasons each year. You cannot have spring without winter. You cannot have a rebirth without freezing.

 

Recession washes out the excesses in the economy. Weak companies fail. Excess debt is reduced by bankruptcy.

 

If recession is winter, don’t go outside without a coat when it’s freezing. You will suffer.

 

If you don’t adjust your investment strategy, your assets will likely suffer.

 

Protect your assets now, then have funds available to take advantage of opportunities created by lower asset prices.

 

Reduce market risk. Diversify in non-correlated assets. Increase guaranteed assets. Reduce tax liabilities. Increase liquidity.

 

 

 

You can invest in high cash value Your Personal bank TM policies that are insured, with guarantees, income tax-free, highly liquid, and likely to increase returns for the next 5-10 years!

I believe we are in for a chaotic year and a bumpy economic ride this year. It would be wise to protect your assets. Diversify. Reduce your risk. Reduce your tax liability. Increase returns safely. Increase liquidity to take advantage of future opportunities.