The epidemic, the general election, and the stock market seem to be key words in the lives of many Chinese in North America recently. These three have inseparable connections and influences. Recently, there have been some new trends...
Trump's second round of economic stimulus plan stalled
The state government cannot afford the bailout
On August 8, Trump issued an executive order requiring the state governments to bear the second round of unemployment assistance.25%. On the 9th, the governors of many states expressed doubts about this order.
California Governor Gavin Newsom stated on the 10th that the state government needs to provide$ 7 billionIn order to share 25% of the new round of unemployment assistance. The state government already needs to rely on federal relief funds to balance the fiscal deficit. Unless the expenditure of other government projects is drastically reduced, it cannot afford the $100 per person per week.
As of Thursday (August 8th), including unemployment benefits, the discussion on the second round of economic stimulus plan still has no substantial progress.
US stocks will fall?
Wall Street proposes to reduce its holdings of technology stocks
8月11号，美股主要指数在逼近历史高点的位置下滑。周二收盘时，纳指下跌0.38%，道指下跌1.69%，标普500下跌0.8%。包括特斯拉、苹果、Facebook、微软、亚马逊在内的大型科技股普遍下跌2到4个百分点。
Julian Emanuel, chief equity and derivatives strategist at the Hongqiao Trust and Investment Group (BTIG), a large majority of Wall Street, warned in an interview with CNBC on Monday that the biggest winners in the U.S. stock market may already be in a bubble. Investors are advised to consider reducing their exposure to large technology stocks. Risk exposure.
He believes that "FAAMG"(Facebook, Amazon, Apple, Microsoft, Google)The stock may be the most vulnerable.
European time on Wednesday (August 8), financial crocodile Soros also said in an interview that the US financial market is currently in a bubble filled with federal funds, and he will definitely avoid this bubble. He pointed out that the current U.S. market is maintained only by expecting more fiscal stimulus and Trump's release of the vaccine before November.
In March this year, US stocks experienced four circuit breakers. In the following months, although the stock market continued to rise with the government's economic stimulus, many analysts were not optimistic about the long-term positive situation. Considering the current deadlock in the negotiation of the second round of economic stimulus plan, it is difficult to predict how long the current stock market situation can last.
How to choose a safe financial management method
This year's global epidemic has shocked consumption, manufacturing, import and export, and various investments. While the unemployment rate is rising, market uncertainty is also increasing. Traditional investment types, including stocks, are subject to fluctuations to a large extent under the influence of the general environment. At this time, you can find aSecure financial management, Is more important for protecting personal assets.
Since 2014, large investors including "stock god" Buffett, the Bill Gates Foundation, and Credit SuissePolicy discountA lot of money is invested in the market. Attract these investors,Is the policy discount available inUnder the turbulence of the market, it is not affected by the stock market, bond market, and interest rates, and continues to obtain an annual return of 10-15%.
So, what is policy discounting?
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What is policy discounting?
past,After you have purchased a long-term life insurance policy, if there is a break in the flow of funds, and you cannot renew the policy or need money in a special situation, there are usually two ways to deal with it: surrender or mortgage. If you choose to surrender the policy, you can get back the cash value of the policy. From then on, the policy will no longer have a beneficial relationship with you. By choosing a mortgage, that is, using the policy to make a loan to an insurance company or bank, then you can generally get 80% of the policy’s cash value. It is still valid, but when you repay the loan amount, you also need to repay the agreed interest. These two traditional policy processing methods will cause you to lose part of the benefits you should have earned. With the continuous enrichment of financial products, the emergence of "insurance policy discounting" has become the third method to deal with this emergency use of money.
In short, when you have purchased a long-term life insurance and have no money to renew it or do not want to renew it, then you can find a professional policy discount agency and let them evaluate it.Realize the policy by transferring the policy. Generally speaking, the beneficiary of general life insurance is the immediate family member or designated person of the insured. After you transfer the policy, the policy is still valid, but the beneficiary becomes the discount company that purchased your policy. After the death of the insured, the policy discount company will inherit the sum assured.
For example, if Xiao Ming bought a whole life insurance when he was 35 years old, it was agreed that if Xiao Ming paid 1.5 US dollars in insurance each year until his death, then his beneficiaries would get 300 million US dollars in insurance money. Xiao Ming paid according to the contract until he was 70, when Xiao Ming was seriously ill and needed money for treatment. So far, Xiao Ming’s capital investment in the policy is the accumulated premiums over the past 35 years, totaling US$52.5, which is also the cash value of the policy. If Xiao Ming surrenders the insurance at this time, the surrender amount is bound to be less than the cash value of the policy. However, Xiao Ming found a policy discount company and transferred the policy. After evaluation, the company bought Xiao Ming's policy at a price of 60 US dollars. In this way, Xiao Ming obtained more cash through policy discount.
As for the policy discount company, he can continue to hold Xiao Ming's insurance policy until Xiao Ming passes away and enjoy the insured amount of US$300 million; he can also transfer the policy again after holding the policy for a period of time.
What are the existing advantages of the policy affix?
The biggest advantage of policy discounting is that it is not affected by the economic cycle, and its rate of return is only related to the remaining life of the insured.In the current epidemic situation, the policy discount fund can be described as a very stable financial product. Compared with other low-risk financial products on the market, such as currency funds, discounted insurance policies also have the outstanding advantage of considerable returns. Data shows,The investment return rate of the policy discount fund is between 10-15%, The yield curve is smooth, and the crest risk is also low. In addition to both low risk and high yield, the policy discount fund also has the advantages of zero default risk and reliable cash flow.
In general,Insurance policy discounting is a financial product beneficial to many parties. To the insured, That is, as far as policyholders are concerned, they can get a benefit much higher than the surrender amount;For insurance companies, Insurance policy discount business can avoid the occurrence of surrender and reduce the pressure on cash flow;For investors, By discounting the purchase of insurance policies, you can not only help the insured who are in urgent need of money, but also obtain higher market returns by holding the insurance policies.
Prospects of the policy discount market
According to Magna's industry research report on policy discounting, the size of the policy discount market in 2017 was US$28 billion, and the size of the policy discount market grew to US$2018 billion in 34.The current face value of life insurance policies over 65 years old is 1400 billionUS dollars,90% of them plan to do policy discounting, so the market size of policy discounting is between US$1200-1400 billion.Another institution, Conning, predicts that by 2026, the market size of policy discounts will reach US$1870 billion.
Faced with such a considerable market, many investment giants have set their sights on the area of policy discounting. According to The Deal report, in July 2014,Buffett’s Berkshire Hathaway purchased a US$3 million policy from Coventry First, and has since paid approximately US$6 million annually.The scale continues to purchase insurance policy discounted assets.Buffett even has a private company Berkshire Settlements that specializes in discounting and acquiring secondary market insurance policies. In addition, many top investment institutions such as Blackstone, Royal Bank of Scotland, and Credit Suisse continue to enter the market. Being able to gain the favor of the most professional investment institutions in the world shows that policy discount as a financial product has its unique advantages.
Recommended product information
Based on the above analysis of the characteristics of the "insurance policy discount" product, Maxim Financial has launched aLife Insurance Discount Fund (LSAF). The fund usesShort-term holdingThe strategy is to purchase insurance policies in the secondary market and then sell them in the tertiary market, so that the fund's return rate is almost unaffected by the longevity risk of the insured. At the same time, the fund usesCG Analysts Ltd, a guarantee analysis subsidiary of Cambridge Guarantee Group, is a policy analysis agency, Strictly control the valuation risk of insurance policies.
More policy discount product details
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Who is Meixin Finance?
Maxim Financial is a company that provides qualified individual investors with high-quality alternative investment opportunities. We are committed to breaking the tens of millions of investment thresholds that only institutional investors and people with specific income classes can subscribe in the past, and provide individual investors with a variety of high-quality alternative investment opportunities, helping individual investors to better diversify risks and obtain sustainable Robust returns.
Since its establishment, Maxim Financial has received support from some of the world's most famous investment institutions, including Germany's largest investment holding institution Bertelsmann Asia Investment Fund and South Korea's largest investment institution Korean Investment Partners.
As of 2019, the cumulative transaction scale of the Maxim Financial Platform has exceeded US$1.7 million.ObtainedThe favor of investors.
If you are rightPolicy discounts, real estate debt funds, asset allocation, unicorn equity, hedge fundsIf you are interested or have questions, you can consult Maxim Financial.
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Important statement
This article is only for knowledge sharing and does not constitute any investment advice, Anyone makes investment decisions accordingly at his own risk. Any fund investment should be made through the official fund issuance fund document. Potential investors should carefully read the risk factors in the fund issuance documents, consult their own professional advisers, and provide advice on any investment, legal, tax or accounting issues related to fund investment. Past performance does not represent future performance, and investment may cause principal loss. The source and data of the materials are believed to be reliable. However, no guarantee is given for its accuracy or completeness. The company is not obliged to disclose or otherwise update or modify this statement or any forward-looking statement as circumstances change or due to subsequent events.
