Buy Value: Buy Financial Services Like You Buy "Groceries, ... Not Perfume."

Buy only what you need and save $3,000 a year. Tax-FREE investing adds 30% to your wealth. Low-cost mutual funds provide 10-12% growth. Accumulate $1,000,000 over time. Accumulating wealth requires that we buy value--quality at the right price. We want to avoid the two KILLERS of building wealth--fees and taxes.       We avoid fees by buying only the financial services we need. We avoid taxes by using an IRS-approved account to keep ALL our earnings. We accumulate $1 million by leveraging the Miracle of Compounding.        Tax-FREE growth and income can provide 30% more to spend for the rest of our lives. We know that income taxes will increase to pay off two wars, two tax cuts and two bank bailouts.       The wealthy stay wealthy by paying lower tax rates than we do. Warren Buffett pay only 17% total tax, Mitt Romney only 14%, and John Kerry only 13%. What is your total rate? The wealthy stay wealthy by paying lower fees and commissions. Their fee schedules are 0.05% not 1.5%. They only buy what they need so their premiums and thus commissions are less. They don't use middlemen because they know financial advisors only use high-cost products.       We need to follow Benjamin Graham's advice and buy financial products like we buy "groceries, ... not perfume." We can do that when we have less-biased information to find the best alternatives for us. Salespeople sell only the products their firms pick.        I help you decide which investments and insurance are better for you; not the sellers. Your edge is the miracle of compounding:      Compounding our earnings without fees or taxes is the key. I show you how to buy financial services directly from manufacturers. We buy value--quality at the right price. We invest the money we save--premiums from insurance we don't need or that costs less. Likely, you are paying fees for things in your accounts you don't even need. You are probably using companies that are in business to serve their sales staff and their stockholders more than to serve you.