THOUGHTS OF CHAIRMAN MAC

  If You’re Going to Live Forever, You Will be Required to Pay for It. There are some in the “deep state” government who don’t want you to know this, but a recent heavily funded government survey discovered conclusively that during the 21 st century, the vast majority of Americans will grow older rather than younger. (It should be noted that the potential error in this government survey is plus or minus 2.5 years.) The government study also concluded that – so long as the individuals do not die – they will steadily grow older and at a certain age, will want to quit working and retire. Amazingly, while interviewing focus groups the government researchers discovered that even after retirement, the vast majority of individuals will still need a regular income to live on. Even more stunning was the conclusion that the income will be needed for the remainder of their lives.  These groundbreaking government findings led to the realization that as fewer people grow younger, wh...

  At one time or another virtually everyone entertains visions of becoming an entrepreneur. Entrepreneurism is seen as the last frontier of the American Dream, the yellow-brick road to freedom and riches. But more importantly, entrepreneurism offers the potential to control your own destiny. For most, the dream of becoming an entrepreneur remains just that for one reason – the fear of failure. And rightly so. The U.S. Small Business Administration estimates that 50 percent of new businesses fail in the first two years and 95 percent fail within five years. But despite these odds, thousands of individuals overcome their fear (or ignorance) of failure and take the leap into entrepreneurism. Those who (for whatever reason) beat the odds and build a successful company, are able reap all the psychic and financial rewards that comes with becoming a successful entrepreneur. Unfortunately, this is not the end of the story. Achieving success as an entrepreneur is actually the easy par...

  Don't Fall For The Life Insurance Industry's Juvenile Trick Would you buy a car for your four-year-old child just because they might need one when they get older? Of course, you wouldn't. But, you know what? Insurance companies want you to do something just as incongruous. Believe it or not, many insurance companies want you to buy life insurance for children, just in case they might need it when they get older. You’ve probably seen the ads on television that artfully target parents and grandparents, encouraging them to buy life insurance for children. Of course, the insurance companies don’t emphasize they are selling life insurance on children. Instead, they cloak the pitch with terms such as a “get started plan,” a “grow up plan” or the favorite, as a “college plan.” No matter how it's couched by the insurance companies, the objective is to make an easy profit by preying on the love of parents or grandparents to sell unneeded life insurance on children. Now, don’...