JimChris ColvinSound Investment Strategies
of Colorado Springs
Presents

The Government gave $700 billion of our money to the banks
The government gave our money to the car manufacturers
Fannie Mae and Freddie Mac has been taking our tax dollars at a huge rate
Our grandchildren's grandchildren are in debt to the government.

Complimentary Workshop Exposes

"The 10 Deadly Financial Mistakes
Baby Boomers and Seniors Make"

"Will the coming tax increases shorten your retirement
and wipe out your legacy?"

Workshop is followed by a gourmet meal at
Biaggi's Italian Restaurant
Promenade Shops at Briargate
map
June 23 or June 24 starting at 6:00pm

 

The Fox, The Chicken and The Hare

For centuries, the farmer has been trying to protect his chickens from the fox because he knows, if the fox can destroy the chicken coop, the farmer's source for food could be cut off until he can raise more chickens to produce eggs and meat. Even though the farmer builds elaborate ways to keep the fox out, the fox may eventually get into the chicken house and feast on the farmer's hard work.

The hare on the other hand, doesn't have a farmer to rely on. He must always figure out a way to be one step ahead of the fox, or his life could be in jeopardy. His long ears allow him to listen for approaching danger and his sharp vision will signal the fox is near. His speed and agility help him avoid the fox, and continue to enjoy life.

The Government and the Investor

In our illustration above, the Government is the fox and you are either the hen that dependends on the farmer, or the hare that is always one step ahead of the fox. If you're the hen, perhaps you feel the farmer has occasionally let the fox into your hen house, placing you at great risk.

Would you like to be the hare?

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What Went Up, May Come Down

The economy is still fragile. It seems when there's bad news, the market can have three digit drops in one or more days. When the news is good, the market struggles its way back with two digit increases.

"Earnings are great!" the talking heads tell us. There are two possible reasons for this.

1.     The economy is racing back to its output enjoyed from October 2002 until October 2007

or

2.     Companies are trying to increase sales and profits as much as possible this year knowing next year the Bush tax cuts will go away, ushering in a new era of confiscatory taxes that will place a huge burden on companies in 2011.

If scenario 2 above happens, and companies are increasing earnings this year in anticipation of cutting earnings next year to avoid the new taxes until they develop strategies to avoid those new taxes, what could that do to the values of their stock, or to the stock market for that matter? Are you prepared for the outcome?

 

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How to Avoid Estate Taxes

Is there a way to avoid estate taxes? Sure, if you die this year, your estate pays no taxes.

What if you live past December 31, 2010? Estate taxes return with a vengeance. See how you can still pass 100% of your estate to your heirs. If you think an irrevocable living trust is the answer all by itself, think again.

Several years ago a woman in Louisiana owned a piece of land that was forested. A large paper company used to pay her $300,000 per year to do a managed harvest on the trees. Eventually she died and the property was transferred to her family. Her family was contacted by the IRS and found out the estate tax on the property was about $6 million. The property had a value of about $10.9 million. Because the property was vacant land, they couldn't get enough of a loan to cover the current tax liability so the family put the land up for sale. They ended up selling to the paper company for enough to cover the estate taxes and expenses for selling the land. In essence, their $10.9 million windfall ended up being worthless to them. Join us to see a strategy on how to protect your estate and heirs from the coming conficatory estate taxes.

 

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Come join us for our workshop and find out about these and other strategies you can take home and implement on your own. There is no cost or obligation on your part to attend. In addition, you will be able to receive our "Found Money Report," which as saved our clients on average, $25,000 a year in taxes and unnecessary fees.

 

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If you are concerned about your nest egg lasting you throughout your retirement, you need to attend our workshop. Space is limited. It is FREE. Registration is required, register now for our Wednesday, June 23rd or Thursday, June 24th event at Biaggi's!

Don't miss out on this opportunity! Register now before all the spaces are taken!

You may register by filling out the form below, or by calling toll free 1-800-598-7948

Brokers and Agents who are currently licensed and working in the financial industry are welcome to attend for a $500 training fee.

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How has the economy affected your plans?