Phil Cannella Praises The Power Of Interest

Phil Cannella And Joann Small Host The Crash Proof Retirement Show

On last Sunday’s edition of The Crash Proof Retirement Show, co-hosts Phil Cannella and Joann Small focused on the most powerful tool in the financial industry—interest.

Albert Einstein once said that “Compound interest is the 8th wonder of the world. He who understands it, earns it. He who doesn’t… pays it.”

That’s why Phil Cannella implores people in or near retirement to immerse their nest eggs in financial vehicles immune to market downturns. The volatility of today’s stock market is simply too risky to bear when you don’t have sufficient working years to make back any potential losses.

Phil Cannella’s Crash Proof Retirement System Offers Growth With No Risk

On the other hand, Phil Cannella explains, Crash Proof vehicles give you plenty of upside with none of the downside. Your account can not grow when the market is up, but Crash Proof vehicles guarantee your principal will always be there.

Moreover, you get to experience the power of interest in these Crash Proof vehicles. As Phil Cannella explained, once interest is credited to your account, it can never be taken away from the account by anyone or anything—except the account holder’s own decision to withdraw money from the account.

“When you have an increase in an interest-bearing account… it becomes a permanent addition of the principal you started with only that is known as a fixed asset class of investment,” said Phil Cannella. “Fixed assets mean you can’t lose your assists. They’re fixed.”

The most advantageous financial instruments for people in retired years are fixed investments. This is in part because of their safe positions away from the stock market. When you own products from a premiere class of fixed investments, you’re protected against loss of principal and aren’t subject to market fees. Most importantly, you have a greater potential for growing your account ahead of inflation. Potential growth ahead of inflation without market risk or market fees-that means no erosion of your accounts.

Once earned, interest credited to your account is guaranteed to be there when you need it no matter what happens in the economy. Currently, our economic state of affairs is sluggish and reflects uncertainty. But each individual investor has the opportunity to protect his or her nest egg by investing in a Crash Proof Retirement.

Tune in to The Crash Proof Retirement Show every Saturday at 11 a.m. on Philadelphia’s number-one talk station, Talk Radio 1210 WPHT-AM. Listen as hosts Phil Cannella and Joann Small report on the pressing issues and news that affect your retirement.

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