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What Would You Do For A…
Written by Steve | Published: |
In the 80’s and 90’s there was a campaign called “What would you do for a Klondike bar!”
Some of you may remember the ridiculous things shown on commercials that people would do for a delicious ice cream bar.
Dancing like a teapot kettle, getting knives thrown around your silhouette, etc.
They were actually quite hilarious.
These ice cream bars still bring back good memories because every time I went over to my Mimi and Grandpa’s house their freezer was always fully stocked with Klondike bars.
My grandpa being the funny jokester that he was would make up funny challenges for us to accomplish before “earning” a Klondike bar.
In the financial world if they had this same campaign it would be called something like “what would you do for returns?” but the real world application wouldn’t be as fun or amusing.
They would ask:
Would you be willing to lose 80% for more of your principal for a chance to earn maybe 7-9% in the market?
Would you lock up your money in long term low yield bonds to “keep your money safe” when in reality raising interest rates erode their value?
Would you like to save on taxes today just to pay more in taxes when you pull the money out?
You get the idea.
Growing your wealth doesn’t need to be that risky or scary.
Let’s make it fun and amusing again. We can show you how.