Current financial SAFE MONEY opportunities

Here are some current opportunities  and  ideal candidates

1)   pay $119,332 now collect $242,138 in 15 years for a 5% effective yield 
    perfect for  someone trying to fund a child or a grandchild's education

2) pay $113,200 now and collect $250,000 split into 4 payments over 23 yr period for effective 5% yield   funding a trust or for some part of a retirement, perfect for a ROTH

3) pay $76,542 now  and collect $151,330 with many payments over 27 years for a 5.4% yield
   retirement or trust funding

4) pay $3,532 now and collect $62,000  in 43 years for a 7% return
   tax free if you use ROTH Funding for  grandchild or trust

5) pay $112,800 now and collect  $266,750 in payments between 2025-2033
   ROTH or 401K plan for someone retiring in about 13-15 years

6) pay $46,000 -70,000 now and collect 8 years of equal monthly payments for a 6% yield
   current retiree, or current worker looking  for a reasonable but guaranteed rate of return.

7) FDIC Insured variable rate CD. Guaranteed rate of 1% with upside potential of up to 7%              annual return on a 7 year CD. Minium purchase price  $30,000

These are just some of the interesting opportunities that are available. Pleas contact for more information or to determine if they are suitable for your situation.  These are all Safe Money
financial products with no Market Risk of loss of principal. All of these are subject to availability  limited time opportunities

Market Linked CDs Information for Consumers

If you designed the perfect financial product would it look like this?

Many clients  tell me they  are looking for several contradictory objectives in an IDEAL financial product!
First, they  want to know their principal is safe!
Second, they want a  reasonable rate of return on their money!
Third, they want liquidity!

If a product could do all of these thing would you agree that this is a nearly perfect financial product?
 A bank can give you the first and third items from the list but will not  deliver the second. The  market can  give you the second and the third but cannot guarantee the first.
Its now possible to get a financial product that offers 100% liquidity from day one. Even though it offers great liquidity it is designed and optimized for long term growth or even  for legacy purposes.
In addition it offers a reasonable rate of return in some configurations or the upside potential for double digit annual returns of over 12% in the best years and a mid single digit (4-7%) returns in an average year. It delivers all of this potential with outstanding safety and protection of principal.
That's the good news.

Now for the bad news. Not everyone can qualify to purchase this type of product. Minimum $ limits also apply. Contact us if interested in learning if this is right for you!

New financial products available

Everyone knows  that interest  rates have been  extremely low for over 3-4 years.  It's part of  the the Federal Reserve Banks plan to "help the  economy". Even with the  slight  increase in interest rate in the past week or so it is still almost impossible to  earn a decent yet safe rate of  return on  our
money.

Did  you  know  that it is possible to obtain a 6% guaranteed interest rate on a 96 month financial product. There are minimum purchase amounts of $40,000 - 60,000 with a maximumum of approximately $250,000. These are not liquid but you do  receive monthly payments including but some return of principal and  interest. Payments are level  throughout the 8 year term. The interest rate is guaranteed at time of issue and payment of the contract. There is also a high  degree of  safety with this type of contract. This is what I would consider a Safe Money product with no stock market risk. They are compatible  with a ROTH or Traditional IRA or can be used with non qualified money as well.

I think it is good  to  know that a reasonable Bank alternative is available today.  Why would anyone  want  to put that amount of money in a bank anyway?

Would you be interested in 6.25% for 34 yrs?

Would you  be interested in turning $383,000 into a guarantee income stream for 34 year and paying a total of $1,607,000. The transaction is only available to one client. when its sold its  gone. There are other similar deals available with diferent amounts, diferent payment schedules, various durations and different  nominal interest rates. Smaller deals are also available.  The payment streams are guaranteed by Billion dollar  Insurance Companies that are highly rated and very well known.  This particular opportunity is issued by an A rated American insurance company.

Whats  the  catch?
You  must qualify to purchase the  deal.
You must have adequate liquidity to afford the transaction.
You get a schedule of monthly income checks thats is modest for the  first 14 years then increases every year until the maturity in 2047
You  cant change the monthly payment amounts. The  payment schedule is available for  review
You must have a very long term focus.

Im guessing the ideal client would be a professional with  high net worth possibly a lawyer, doctor or business owner.  Possibly utilizing IRA,  SIMPLE, SEP or 401K assets. Imagine a $1.2 M  plus gain in a ROTH!  It could be a younger sucessful individual or an older client looking to  fund a Mult-generational Family or charitable trust!

What are  your  thoughts on  this  type of very long term transaction and  rate of  return??

Public comments can  be made here or 
serious inquiries would be best handled by email or phone

Inflation rearing its ugly head - What should you do about it?

There are several things every investor or saver needs to keep in mind as we move forward. Over the past 18 months inflation has been at above average levels it actually peaked at 5.6% back in July 2008. That represented a 17 year high. But even though it has dropped since then there are 8 months with a rate at or above 4%. The statistics show a 3.8% inflation rate for the CPI for all of 2008. Obviously we don't yet know the total inflation rate in the CPI for all of 2009. That means that any one using a bank for a safe money resting place has actually lost money while searching for a Safe Money Haven. Banks are still failing and they are still Failing to pay you a fair rate of return on the money you place in the bank at the same time they are charging a Record high rate on the money they loan out.

There are excellent Safe Money alternatives that can provide a better rate of return with excellent safety. They can even include upside potential if the market climbs while offering protection from market declines. Ask us how this can work and fit into your financial strategy
for the future. Non Bank Financial Alternatives still make excellent sense today. Protection from market risk makes just as much sense today as it made one year ago. We can help on both counts!

Are you interested in a Second Opinion about you financial nest egg. We can provide you with a no charge Second opinion and also help you position some of your assets in excellent safe money financial alternatives.

Current Top Interest Rates Available

Best Interest Rates Available For Savers

Here are the national bank CD rates from the bankrate.com website

1 year 3.49% non qualified money

1 year 3.22% IRA CD rates

5 year 3.87% non qualified money

5 year 3.68% IRA CD rates These rates are not very attractive. Would you like the opportunity to earn a greater rate of return and do it safely?

Periodically I like to report on high interests rates available for savers. I do this to keep you aware of viable and safe options.

Multi year interest rates best deals this week

3 year fixed rates 4.37%

5 year fixed rates 5.46%

7 year fixed rates 6.1%

10 year fixed rates 6.36%

All of these financial products offer you protection of principal and guaranteed interest rate.

Rate change weekly and minimum initial $ amounts apply. Unlike bank CD rates it does not matter whether you commit tax qualified or not tax qualified funds. These products may not be available in all 50 states and the District of Columbia. Contact us to find out if they are suitable for you in your particular situation.

The second set of interest rates look more interesting to us. What about you?

How can we help you achieve your financial goals and objectives.

polarisfinancialservices@gmail.com

www.columbusfinancialplanningpros.com

Safe Money and Safe Money Places

We were reading industry finance information and found a really interesting web Site. We decided to share it with you our readers. It is http://www.safemoneyplaces.com/default.asp
It talks about the concept of Safe Money defining it as money you cannot afford to loose and the places where you should consider holding your safe money assets. It basically identifies three major categories and the advantages and disadvantages of each. The three broad types of safe money products identified are, Insured Deposits in FDIC Insured Banks or S&L Associations, Treasury Securities, and Fixed or Fixed Indexed Annuities. It talks about the levels of protection each entails including FDIC Insurance, Taxing power of the US Government and the State Insurance Guaranty funds. All three are identified as very secure places for your funds.

Of the three the one which probably can deliver the greatest rate of growth is the top Fixed Indexed Annuity products. None of our clients have ever lost even one dollar of their money to market risk while those funds were under our care.

We can help you to meet your twin goals of safety of principal and optimum growth rates.

How can we help you Grow your assets?

www.columbusfinancialplanningpros.com
polarisfinancialservices@gmail.com

Current Hot Interest Rate Deals

Periodically I include an update on recent top rates for guaranteed products
Here are some of the highest rates currently available. These are Safer Money Alternative products and are guaranteed rates. Rates are subject to change until confirmed at time of order placement. These rates typically are subject to change at least monthly and sometimes biweekly.
Products may not be available in every state and minimum commitment is required.

10 Year 6.0 %
7 Year 5.7 %
6 Year 5.55%
5 Year 5.5 %
4 Year 5.2 %

Contact us for details and to determine if this is right for some part of your financial assets.

www.columbusfinancialplanningpros.com
polarisfinancialservices@gmail.com

FDIC Insurance Limits

FDIC limits may be increased. USA tToday ran an article By Sandra Block. The article title is "FDIC Limit could bump up to $250,000"
both presideental candidates are in favor of the change. As is typically the case with Congress there is a flaw. The article says "the FDIC Insurance limit would be TEMPORARILY increased to $250,000." I don't like Temporary fixes when it comes to my money. The article goes on to talk about the 13 banks that have failed this year. We have been blogging on many of those stories this year. The article further states that 37% of bank deposits are uninsured. I need to ask whats wrong with those people?
First of all the banks generally don't pay a fair rate of return on the money you keep at the bank. They load you to death with excessive bank fees, and they charge most people way to much interest when they loan money to customers. The Large banks overpay their officers using the excessive profits generated on the spread between the interest rates charged and offered. And then they dont even practice reasonable levels of financial responsibility in managing our assets in their care necessitating this massive bailout.

There are Safer Money Alternatives for your funds that will earn you substantially more interest over time and do it with guaranteed performance and principal protection.Does that make sense for at least part of your money.

How can we help you earn more and protect your assets? Contact us for a free initial consultation

polarisfinancialservices@gmail.com
www.columbusfinancialplanningpros.com

Outlook On Low Risk Investments Not So Bad- Says USA Today

Sandra Block writes for USA Today in the Money section. This weeks article reflected in the title above "Outlook On Low Risk Investments Not So Bad" She is a supporter of lower risk investment strategies and her picks seem to include money market funds,Fixed Annuities, variable Annuities, and Insured Deposits. She admits that "several money market funds have suffered a principal loss due largely to investment in Lehman Brothers" that tanked. HER view is that risk here is minimal.
IN Annuities she talks about Fixed and Variable Annuities. She admits that "variables are not covered by the State Insurance guarantee funds and that. Fixed Annuities are protected up to state limits."
Insured deposits are bank deposits up to FDIC $100,000 limit. One should never have more than that in a bank! My reasoning is that then you have no insurance and you are also getting an inferior interest rate. We specialize in Safer Money alternatives.

If you are looking to diversify we can help. How can we help you?

www.columbusfinancialplanningpros.com

Morgan Stanley, Goldman Sachs, Now Who Is Next?

Two of the last major investment banks are being reorganized to try and avoid their collapse. Morgan Stanley and Goldman Sachs are being reorganized and commercial banks and will now fall under traditional bank regulators and will have to change the way they do business as a result. These two monsters have helped drive our market economic engine in good times and have helped cause some of the bad times as well. This will make it more difficult for small firms or less known firms to raise venture capital in the stock market.

I still say there may be more bloodshed in our future and diversification is the key to riding out this mess we are in. Diversify and do it with guarantees. We can help you!

www.columbusfinancialplanningpros.com

A Tough Weekend for Financial Markets

This was a really bad weekend for the US Financial Markets and the economy. First we had Hurricane Ike hitting the Texas Coast and whipping a stretch of the USA all the way to the great lakes. Second we had the financial melt down of Lehman Brothers who were turned down by the Federal Reserve in their bail out request. There only alternative after that was the declaration of bankruptcy. This was followed almost immediately by the Merrill Lynch announcement of their sale to Bank of America. Im not convinced that this is a good thing for the investment community. This is beginning to look like a monopoly but that's a topic for another day.

A local radio station told about a man at a gas station saturday. When he arrived at the station the gas was priced at $4.01 per gallon. while he was pumping his gas the station changed the price to $4.16 per gallon. He was forced to pay the new HIGHER price even though the contract ie gas purchase was initiated at the lower price.

How can we help you weather this financial storm?

www.columbusfinancialplanningpros.com

Update on Multi Year Interest Rates

Periodically we give an update on some of the top interest rate deals available in the USA. All of these rates are for products that offer the protection of principal against market loss. We always want to compare it to national average rates for Bank CD's. These figures are found at Bankrate.com and are the most recent rates available.
1 year CD 3.63% 1 year IRA CD 3.26%
5 year CD 4.16% 5 year IRA CD 3.93%

Now lets look at some safe rates with bank alternatives. You tell me which you would rather have working with your money.

3 year guaranteed rate 5.00%
3 year staggered rate 1st year 5.80% year 2-3 rate 4.80%
5 year 5.20%
5 year staggered rate 1st year 6.10% years 2-5 rate 5.10%
7 year 5.45%
7 year staggered rate 1st year 6.25% years 2-7 rate 5.25%

Contact us for additional information and to determine if they are suitable for your financial situation. Minimum $ contributions apply and so do surrender charges for early withdrawal beyond any authorized amounts. Not all products are available in all 50 states.

How do these rates sound to you?
How can we help you?

www.columbusfinancialplanningpros.com

Invitation to Small Group Financial Seminar

In September We will be hosting two small group seminars on Financial Topics. If you like what you read in our Blog entries or on our website we would like to invite you to join us in person for a seminar or seminars on various financial topics. The first mini seminars will be held in the northern suburbs of Columbus, Oh. Future seminars will be held in other areas depending on the interest shown. Initial topics for the first two seminars will be the following.
1 Safer Money Financial Strategies
2 Increasing Seniors Financial Security Through Asset Reallocation Strategies
future topics will include
College funding
Reverse Mortgages
Alternatives for Long Term Care
Other topics as selected by readers

Please note:
These will be small groups probably 10 or less per group. If we get 28 people We will do 3 small more personal groups rather than 1 large group. Its my personal choice and is less intimidating for the attendees.
No money will be accepted at the seminars. Leave your checkbook at home
If you want to schedule a follow up face to face meeting we will arrange that following the mini seminars
You have no obligation to attend a follow up meeting
Being invited to attend a seminar is no guarantee of being accepted as a client
If interested in being invited to attend a seminar please respond by e-mail or through the website

Website
www.columbusfinancialplanningpros.com
email
polarisfinancialservices@gmail.com

Savings and Inflation

There was an article in the Dispatch today August 24, 2008 talking about "Who's helping savers fight inflation"
The answer is it's not the banks or money markets. The article states the average inflation rate is close to 5%. More updated figures actually show that for the past 12 months the rate is actually 9.8%. This ties into some other blog topic I wrote about on August 21st. Bank CD rates were averaging 3.6% and average bank saving rates are 0.37% that is actually down from the 0.46% rate of last summer. It never ceases to amaze me that people will give banks their money for that poor a rate of return. You might as well burn 6-9% of your money per year if you insist on keeping large amounts of money in a bank. FDIC insurance up to limits exists but what about inflation risk? The comment I made about burning money is real and it represents the inflation risk! FDIC Insurancedoes not protect against inflation risk. That is your responsibility together with a good financial advisor who understands and endorses safe money strategies to PROTECT YOUR MONEY.

Almost no one is speaking out for the savers. Greg McBride an analyst for BankRate.com was quoted as saying "for the past 12 months there has been a double whammy for savers as interest rates have fallen and inflation has increased"

He is absolutely right. There are alternatives for smart savers or investors! It is not possible to properly plan for or take care of your retirement at these rates!!

How can we help you?

website
www.columbusfinancialplaanningpros.com

How To Minimize the Damage From A 9.8% Inflation Rate

Over the last 12 months the USA inflation rate is up 9.8%. Investing at a bank with an average yield of 1-4% means that before taxes you have a net negative return of 5.8-8.8%. Your buying power has actually decreased by that 5.8-8.8%. To make it worse you are getting taxed on the rate paid by the bank at a 15-33% rate even if you leave the money in the bank account. OUCH!! To asses the damage start with your earning rate subtract the tax rate you pay, then subtract the 9.8% inflation rate. This year that number looks like it will be a negative number for almost everyone. Minimize the damage! Protect your principal! Some years just staying even is a great place to be. Its better than a 20-30% market loss! Efficient money management is even more important in a bad year than it is in a good year. The impact on most people from 2001-2002 took 5-6 years to recover.

Let's repeat it again. Protect your Principal! Balance your assets with at least some no risk financial products. We can even create a lifetime income source that is not subject to market risk.

There has to be a better way! There is a better way! As long as the inflation rate stay this high there is no safe way to beat inflation and remain risk free. You owe it to yourself to get the best rate of return you can and maintain the highest degree of safety that you can in the process.

A 7.2% guaranteed rate of increase in an Income Account value with the potential of a higher rate of return depending on economic conditions seems to be about the best combination of risk-reward ratio I have seen in the last year. Hopefully the gas prices and commodity prices will continue to ease a little bit and the inflation rate for the next 12 months will be more moderate. Perhaps we will get back to a 2-3% increase in the Consumer Price Index (CPI). At that level you can actually grow your assets but until then most people will do well just to minimize the damage to their assets.

Contact us to arrange a no fee initial consultation. We can help you protect yourself in the bad years and take advantage of the good years all with little to no risk. If this is a philosophy that appeals to you we should certainly talk. Business owners and individuals can all benefit from these strategies. We can structure safer money planning into your retirement plans.

We can not help everyone, but how can we help you?

www.columbusfinancialplanningpros.com

5 Year Rate 5.10% Guaranteed

new higher rate on 5 yr MYGA

brand new higher rate has been released for 5 year single premium deferred annuity. Current best rate available. Year one to year five guarantee rate 5.10 %. This is a tax deferred product so you get no 1099 form until you begin to withdraw money.

Understand that the rate is subject to change until policy is written. Rate usually change once a month but may occasionally change more often.

How does this compare to national bank CD rates. I checked Bankrate.com today and found the national overnight rate on a 5 yr CD was 4.16% and for a 5 Year IRA CD the rate is 3.91%. The 5 year CD non IRA rates are taxable rates and you get a 1099 form for this years taxes. The annuity rates are almost 20% higher than the regular Bank CD rate and 30% higher than the Bank IRA CD rate. Why would anyone ever go to the bank for one??? We can get you the same rate on qualified (IRA money) and non qualified money.

How can we help you?

www.columbusfinancialplanningpros.com

Annuity VS Bank CD

Single Premium Deferred Annuity Rates offered by an A++ rated Company 5.o% Five Year Guaranteed (years 1-5) 5.25% Seven Year Guaranteed (years 1-7) 5.45% Ten Year Guaranteed (years 1-10) According to USA Today on August 5th the consumer Bank CD rates are 2.29% on a one year CD and 3.46% on a 5 year CD Bankrate.com on August 6 shows the following rates 3.5% one year CD rates 4.2% five year CD rates In either case the SPDA rates look really good by comparison. If you are tired of low rate paid by your bank on the money you let them use we have an alternative! how can We help you? www.columbusfinancialplanningpros.com