The Importance of Contracts

The first week of 2016 was the worst opening week for the US Stock market in history.

The Dow Jones Industrial Average was off by 6.2% crushing its historical drop of 5.6% in 1978.

And the S&P 500 wasn’t any better giving up 21 points or 6% for the week!  That drop blew through the former worst opening week of 2008 when the S&P gave up 5.3% for the week.

Historically there have been bad starts to years that have ended up fairly good.  But then there are those years that have had poor starts that have ended up disasters…2000 and 2008 being the most recent.  So taking a closer look for the clues, it’s good to broaden your view by looking over the long-term trends.

Since the S&P rose to a high in November it has given up 8.9% of its gains.  Since it peaked at an all time high in May 2015 it has lost 9.8%

Each of these trends is a killer.  And those who are in the market know exactly how fatal such trends can be.

That is why it is so important to have a binding contract that guarantees your gains will be retained regardless of the trend of the market because the more you can retain the better impact you can have in life.  Leonard Read understood that, “Wealth increases because of the freedom to willingly and willfully exchange.” And the more “retainings” you willfully control, the more exchange you can willingly create.

Most markets traded today are rigged so that someone has to lose a dollar in order for you to gain a dollar.  And so there is this zero sum game that is constantly being played out between the haves and the have-nots.  Yet the universal law, which Leonard Read so thoroughly explained above, shows that abundance, (i.e., wealth and prosperity) come NOT from what others lose but from a mutual willingness and willful exchange of goods and services between you and others.  This natural law; the Law of Liberty is what made America great.  And the reason is because America recognized, legitimized and honored the Law of Liberty by establishing contractual law to protect those who want to benefit from the Law of Liberty without fear or concern that someone will willfully take from them what they are willingly ready to exchange.

Without a contract to protect your willful gains you can never hope to retain what is rightfully yours.  That is because others will always willingly take what you have retained and you will be subject to losing part if not all of what you have willfully worked so hard for.

That is why McFie Insuranceuses contracts because you should willfully be able to keep as much of what you have willingly worked for.  And not only should you be allowed to willfully keep it, you should also be ensured that you can use what you have, so you can create more by willingly and willfully exchanging further with others so you can gain even more.

Only the Perpetual Wealth Code™ allows you to retain what you have gained while exchanging it with others to produce more.  And that is why we are so adamant about sharing the Perpetual Wealth Code™ with others.  Because the more wealth that you create literally means that the zero sum game constantly being played out between the haves and the have-nots is being demolished. Instead of you being killed financially by this game you are able to win your financial game.

Take a moment today.  Write down how much money you have gained and retained over the past 10 years:

  1. Multiple that gain by 1.21[i] ($10,000 X 1.21) =  $12,100
  2. Subtract your original figure from this amount. (i.e., $12,100 – $10,000) = 2,100
  3. This $2,100 (21% of your gain) is part of what you have lost playing the game between the haves and the have-nots over the last ten years.
  4. If that is acceptable to you, keep on doing what you are currently doing.
  5. If that is NOT acceptable to you, give us a call today, 702-660-7000. We can help.