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Quick Hits: Where do they go? | Garbage Investments | No Retirement Number

This post was originally published on this site

Welp! September was the worst month of the year for the markets and also the biggest drop since March of 2020.

The U.S. Treasury is starting to slip downward while inflation is at a 30 year high and with the sentiment that bonds are investment garbage these days, where do investors go?

I have one idea…you.

You are someone who can put together a solid plan for their retirement where they don’t have to worry about all the different asset classes or whether a supply chain ship in the middle east is affecting their retirement.

From the looks of things…a lot of people need your help!

Here are your Quick Hits:


·       “Follow-up is the least structured, the least discussed and the least executed part of the sales process.”

·       “On average, just 2% of sales are made during the first point of contact. So without a follow-up process you are potentially missing out on 98% of your sales. Add to that 80% of sales are made after the fifth contact by a sales person, yet 44% of sales people give up after the first contact.”

Check out LegacyAccel’s Landing page for all NEW consumer facing pieces

·       Postcard

·       One-Pager

·       Print Ad

·       Prospecting Letter

·       Radio Commercial

·       Call Script

·       LegacyAccel Split Ticket

·       “In a meandering and sometimes off-kilter investment outlook posted on his website, the onetime bond king said longer-term Treasury yields are so low that the funds that buy them belong in the “investment garbage can.”’

·       “Cash has been trash for a long time, but there are now new contenders, Intermediate to long-term bond funds are in that trash receptacle for sure, but will stocks follow? Earnings growth had better be double-digit-plus or else they could join the garbage truck.”

Good reads for investors & Retirees

·       3 Investment Mistakes to Avoid

·       William Sharpe: There Is No Retirement ‘Number’

·       Who Owns Your Life Insurance Policy? It Might Be a Private-Equity Firm – WSJ

·       The Biggest Mistakes People Make With IRA Rollovers

Quotes of the week:

“Anyone can hold the helm when the sea is calm.” –Publilius Syrus

“Leadership is not about titles, positions, or flowcharts. It is about one life influencing another.” –John C. Maxwell

“The impediment to action advances action. What stands in the way becomes the way.” – Marcus Aurelius