Schedule Appointment »
702-660-7000
702-660-7000
Your prosperity—financial, personal, and generational—depends more on the following foundational principles than on any government program or social policy:
Truth
History
National identity
Family
And ultimately, you
Let’s start with the first one:
In today’s postmodern world, truth has been distorted into a subjective concept. The idea of “your truth” and “my truth” has become culturally acceptable, even celebrated. But prosperity—real, lasting prosperity—can’t be built on shifting sand.
Until you recognize that objective, eternal truth exists, you’ll struggle to build anything meaningful. Because while opinions may vary, truth does not. For example, 2 + 2 will always equal 4—regardless of personal perspective, feelings, or cultural trends. If your version of truth tells you otherwise, reality will eventually catch up with you. And when it does, the consequences are often painful.
Prosperity is tied to reality. And reality demands truth—not just in math, but in life, relationships, business, and values. Denying truth won’t protect you from its outcomes. It only makes you unprepared for them.
When average rates of return are substituted in marketing for real rates of return, you have a prime example of an existential truth being used to displace an eternal truth. Average return is simply the sum of values in a set (or time period) divided by the number of sets (or time periods). Actual (or real) rates of return are the nominal return expressed in real terms, or the return actually realized. Big difference!
Truth matters. And without knowing the truth you will be at a disadvantage in building and sustaining prosperity.
History:
History is important. Those who don’t study history are doomed to repeat it. And yet, history has been said to be reported by the victors of the past. That is why it is important to comprehend the facts of history not just someone’s predetermined interpretation of history.
For example, it is a common historical fact that the S & P 500 has returned 7.791% from July 1970 to July 2019. But that doesn’t mean that everyone who was invested in the S & P 500 from July 1970 to July 2019, experienced a 7.791% return on investment. Fact is, if you had been invested in the S & P 500 since July, 1968 to July, 2019 your return would have only been 6.883%, even though you were invested in the S & P 500 between July 1970 and July 2019.
And that is why history is so important. You can’t just take a quick snap shot of history and apply it to your situation. You have to keep your vision wide when looking at history. Otherwise, you may be fooled into believing that your small snap shot of history provides you with a broad enough view for tomorrow.
Yes, history if not studied, can be repeated. But that doesn’t mean that history will repeat itself favorably for YOU, simply because you studied a specific portion of it. History is only relevant to your prosperity when you have acquired a very broad and extensive understanding of it and applied what you’ve learned accordingly.
Nationality:
Never underestimate the role your nationality plays in your ability to build prosperity. Where you are born can determine the opportunities available to you more than almost any other factor—and in this regard, being American gives you an advantage. The United States is home to the most financially prosperous population on the planet.
If you earn just $32,400 a year, you are in the top 1% of wage earners globally. That number might not feel like luxury in America, but on a worldwide scale, it’s elite. Now, if we shift our focus from income to wealth, the bar for the top 1% rises to a net worth of $770,000. That may seem like a leap, but it’s still an attainable goal for many Americans over time.
Currently, the average net worth in the U.S. is about $430,974. However, averages can be misleading. A handful of billionaires can skew that number dramatically upward. To get a clearer picture, we look at the median net worth—where half the population has more, and half has less. That figure is $61,667, which, while lower than the average, is still dramatically higher than in most other countries.
The phrase “top 1%” often carries the weight of exclusivity and economic distance, but in reality, millions of Americans have crossed that threshold simply because they were born in the right country. In many ways, they’ve already won a lottery without even buying a ticket.
Nationality matters. It provides a platform of freedom, access, and infrastructure that many people in other parts of the world can only dream about. So, when evaluating your path to prosperity, never overlook how much of a head start you may already have.
Family:
This one might seem obvious, but it’s worth emphasizing: the family you are born into plays a role in your ability to prosper. Your family background shapes many aspects of your life—your values, your education, your network, and often your financial resources. Naturally, if you are born into a wealthy and influential family like the Hiltons or the Trumps, your chances of maintaining or increasing that prosperity are higher. Access to capital, connections, and opportunities often comes more easily in such families.
It’s important to understand that your family is not the only determining factor in your success. Unlike countries built on rigid aristocratic systems where lineage can trap individuals in predetermined social classes, America’s foundation is rooted in the belief of opportunity for all. This means that being born into a poor or struggling family doesn’t have to limit your potential; in fact, it can often serve as a powerful motivation to rise above your circumstances.
In America, there is a unique promise that hard work, determination, and smart choices can translate into upward mobility. While family heritage can either provide clout or incentive, it does not define your destiny. In many other countries, family background may act as a barrier, locking people into economic or social positions they cannot escape. But here, family remains essential—not because it guarantees success, but because it shapes your starting point and can fuel your ambition to create a better future.
Ultimately, family matters deeply. It influences your initial resources and mindset, but it does not dictate the full story of your prosperity. That story is yours to write.
You:
Individuality is perhaps the biggest factor that determines your prosperity. Regardless of all the other essentials, this one is the crown jewel in that you alone control and direct who you are and what you want to become. There are untold examples of children who come from the same family, same nationality, same historical knowledge, same beliefs and yet they are of entirely different prosperity levels.
That is because you, and you alone, are the one in control of what you do, what you believe and how prosperous you want to become. Foreign nationals coming to America have proven time and time again that prosperity is what you determine to make of yourself and what you have been given. You can move up, down, sideways or not at all. But it is you that makes that determination, not anybody else.
So, here’s the issue. Karl Marx hated all 5 of these essentials.[i] He saw that each one of them kept his ideal dream of a Social Democracy from becoming a reality. Furthermore, his adherents since then, be they Communists, Socialistic Fascists or Social Democracies have attempted to destroy or distort the truth. They have tried to rewrite history, seek universal or one world government, tear apart the family and strip the individuals of their inalienable rights, all in an endeavor to give power and control to the state.
Today as you follow the news and politicians, ask yourself:
If any politician or policy doesn’t cut the mustard, then you know they are really a Marxist, not a friend of a Democratic Republic, which America is. Once that is understood, you can know for sure that your prosperity is in jeopardy.
These 5 essentials are nothing to fool around with. There is absolute truth, history does matter, nationality is significant, your family roots are important and you do have inalienable rights that should never be invalidated. If you think otherwise, you can count on joining the less prosperous populations of the world soon.
As “The Shining City Upon a Hill” that John Winthrop visualized America to become, we must guard with all due diligence in order prevent our Democratic Republic from being replaced with Democratic Socialism. If we fail, your prosperity, and all America’s prosperity, will be jeopardized, just as it has been in all countries where Marxist ideas have been fully implemented.
Tomas P. McFie DC PhD
Tom McFie is the founder of McFie Insurance and co-host of the WealthTalks podcast which helps people keep more of the money they make, so they can have financial peace of mind. He has reviewed 1000s of whole life insurance policies and has practiced the Infinite Banking Concept for nearly 20 years, making him one of the foremost experts on achieving financial peace of mind. His latest book, A Biblical Guide to Personal Finance, can be purchased here.
[i] https://fee.org/articles/5-things-marx-wanted-to-abolish-besides-private-property/
This free binder has the information to build your own Infinite Banking system.
