Paul Ferraresi

Recently, I viewed a very enlightening and educational DVD featuring Douglas Andrew, the author of three best-selling books: Missed Fortune 101, Last Chance Millionaire, and Millionaire By Thirty. In an unprecedented offer, I have made a special arrangement with the author, where you can now receive a copy of the DVD of the 2-hour wealth empowerment seminar captured before a live audience of 2200 people as taught by Douglas Andrew in over 84 cities.

The average ticket price is $99 to attend a live seminar. I have arranged with Doug for you to be able to own it on DVD for only $19.95! He will also include a FREE copy of his New York Times best-selling book, The Last Chance Millionaire — which will help you achieve financial independence and accumulate one million dollars safely and tax-free in 10 years or less.

The book contains many dynamic tax strategies, such as how to withdraw up to $60,000 a year out of your IRAs and 401(k)s with no tax consequence. It also explains the merits of refinancing a home to manage equity successfully and reposition serious cash into maximum-funded, tax-advantaged life insurance contracts for greater liquidity, safety and rate of return as well as create new mortgage interest and charitable deductions as tax offsets, saving taxpayers tens of thousands of dollars of unnecessary income tax.

The DVD of the seminar ($39.95), the book ($24.95), and a bonus audio CD ($4.95) are valued at $79.85. But, you can own them for only $19.95. I strongly recommend that you take advantage of this unique offer.

This Introductory Kit is a great offer for you, but, there is more…. I have negotiated with Doug an even better program for his Comprehensive Kit.

You can purchase the DVD of the seminar ($39.95), Missed Fortune 101 ($23.95), Last Chance Millionaire ($24.95), Millionaire By Thirty ($22.95), The Last Chance Millionaire audio CD ($4.95), and the 80 minute Missed Fortune 101 summary audio CD ($9.95) which have a total value of $126.70. You can have this complete package for $39.95. (No I could not get him to throw in his original book, Missed Fortune. I do recommend you buy and read this book also it will go into more depth than the other 3 books.

This is a great set of Wealth Building tools that you can share with family members, friends, and co-workers. I do chapter reviews of these books with all my clients to reinforce the concepts and answer how to make these ideas work for you. Should you desire to join in on chapter reviews, please email me at founders@foundersgroupinc.net. From there we can discuss how I can do an analysis for a strategic asset optimization plan.

For now, I implore you to take advantage of this great offer. This is an offer you can not refuse!!! Please go to MissedFortune.com/DVD and use the promo code: PEF to get this discount.

Or call the author’s office toll-free at 1-888-987-5665 and be sure to mention my name and promo code in order to get the huge discount.

Doug Andrew, author of the bestselling books…. Missed Fortune, Missed Fortune 101 and Last Chance Millionaire has just co authored a new book with his two sons. The book is title Millionaire By Thirty. Doug’s sons, Emron and Aaron, are in their mid twenties and have each accumulated over $1.5 million in net worth (without a penny from dad). This is a great book for those in high school and college wanting to start out on the right financial path. (It makes a great graduation gift). Keep in mind it is not just for twenty – something people. If you are older and trying to build your wealth this is a great primer. Keep in mind this book is much simpler than the other books. I recommend reading this one for a start then moving on to Missed Fortune. As always, I am here to help you and your family with these concepts. For those that do not want to “Miss their Fortune” I am available to do chapter reviews, provide CD’s & DVD’s for you, and, yes, even give you homework. So, give me a call if you want to energize your wealth building. This may be your “Last Chance” to be a multimillionaire.

Click the link below and you can watch an ABC news interview with Doug, Emron and Aaron.

http://video.yahoo.com/watch/2629247/7720650
http://abcnews.go.com/Video/playerIndex?id=4807374

We have just been notified by Doug Andrew’s team at Paramount Financial Services in Utah, that Paul Ferraresi has been appointed as a Missed Fortune Associate (MFA).

MFA is a select group of elite advisors trained and certified under Doug Andrew’s Missed Fortune Program. There have been about 4,000 people trained and certified as TEAM memebers by Doug to present True Wealth Transformation Seminars, draft Missed Fortune Plans and Implement the strategies.

MFA is comprised of TEAM members that have taken extensive advanced training, passed a rigorous exam, and, had their Missed Fortune cases reviewed and graded for efficiency and maximum client benefits. There are less than 200 TEAM members that have been awarded this special recognition.

I want to share this proud annoucement with you. I know we at Founders Group, Inc. will continue “to strive to be the best to make you better”.

Congratulations to Paul Ferraresi!!!

Sincerely,

Christopher J. Morgan

The concepts we have emphasized, and continue to emphasize, using all of Doug Andrew’s Missed Fortune ideas are important to your wealth building.

Many people have a difficult time connecting the dots of these time tested strategies.

The Missed Fortune strategies are used by the wealthy “Thrives” in our society. Looking back, I remember my mom always taught me … “If you want to be a great ballplayer, singer, chef or what have you, then mimic them.” She said, “If you want to be skinny, do what a skinny person does. Or, do what a fat person does if you want to be fat.” Her best line was … “If you want to be rich…do what the rich do!” Duh!

So, if you want to be rich do what the rich do in Missed Fortune.

If you are having a tough time trying to digest the Missed Fortune ideas into your life, then here is a way to get you started.

Although Roth IRA’s have many benefits, there are too many strings attached to provide the “best” retirement plan for you. None the less, if you want to make use of a Roth Conversion, here is an approach using part of Doug Andrew’s ideas.

Let us say you have a $100,000 IRA and desire to convert it to a Roth IRA. Why, because you know that in the future (until they change tax laws) you will be able to take money out of the Roth tax free. The basics of a Roth IRA is you pay tax on the contribution phase (either the payment in or conversion), it grows tax free and you can withdraw money tax free (within certain guidelines and strings attached).

So if you take the $100,000 regular IRA and convert it to a Roth IRA there will be income taxes due. If you are in the 25% tax bracket, you will owe $25,000 come the next April 15th from the prior year conversion. The benefit to you is that later you withdraw the money out tax free. You cannot use part of the $100,000 conversion money for payment of taxes as it will trigger an early withdrawal penalty and additional tax. Well, how do I pay the tax you ask…? From your existing cash flow or monies set aside. Hmmm. You say you don’t have the monies around?

Here is a strategy if you do not have the money to pay taxes. You would borrow $25,000 from your home equity. Use that money to pay the tax. At a 7% interest only loan, that would cost you $1,740 per year or $1,312 after your tax savings (since it is deductable interest). So 5 years from now your total “carry cost” would be $6,500. Assuming your $100,000 in the Roth conversion grows at 8%, then, in 5 years it will be worth $147,000. You could pull out tax free (subject to your age and other limitations) the $47,000 gain. Take the $47,000, pay off the home equity loan of $25,000, and replenish the $6,500 previously paid net interest cost to yourself. You would still have $15,400 remaining plus the $100,000 in the Roth.

This is just another way to look at how to build your wealth.

Contact us if you have any questions.

Comments by Paul Ferraresi:

There are more than 76 million Baby Boomers in the U.S. This represents those individuals born between 1946-1964. Baby Boomers are turning 60 at a rate of over 10,000 per day. Unfortunately, the average Baby Boomer has only $50,000 saved for retirement. You tell me how they can exist in retirement!

We have worked with thousands of clients over the years emphasizing asset optimization, equity management, and wealth enhancement empowerment. Why not use all your assets to build wealth, enjoy a comfortable retirement, have perpetual income without changing your lifestyle, or cutting into your spending? I have been guiding people for over 35 years in this successful program. Contact us if you want to learn the secrets. All of these concepts are outlined beautifully by top selling author Doug Andrew. As a certified trained TEAM member, I highly recommend Doug’s work.

Notes by Paul Ferraresi:

The principles that Doug Andrew teaches in all three of his books Missed Fortune 101, Missed Fortune, and The Last Chance Millionaire need to be constantly refreshed for most people. Since these old time tested concepts are new to the majority of Americans, it is important to revisit the subject.

Many people do not like to read books or watch DVDs. Consequently, here are links to short clips from Doug’s seminars.

One is on the Vanderbilt vs. Rothschild story. The other is the great pitcher and goblet demonstration. Each runs about 5 minutes.

Douglas Andrew – Cornelius Vanderbilt vs. Amschel Rothschild

Douglas Andrew – Pitcher and Goblet

I am confident you will enjoy them. Share these links with your family and friends. Also, there are links to two great articles on the subject. For more information on this subject or any other subject, e-mail us at foundersgroup@foundersgroupinc.net