In this episode, we ask:

• Would you like to join us for the FREE Not Your Average Financial Summit in the afternoons on Friday, September 30 and Saturday, October 1, 2022?
  
  Login or Join the FREE membership community to Reserve Your Spot!
  
• Who is Lester Him?
  
• Would you like to hear Part 1 of this interview today?
  
• Would you like to hear Episode 52 and Episode 53?
  
• What about volatility?
  
• Should we be using the standard vehicles?
  
• What did Les find?
  
• What happened with the S&P?
  
• Why such a big difference?
  
• Are the results fact or fiction?
  
• What about stocks, bonds and mutual funds?
  
• According to the U.S. Census Data, what is the average net worth of an American over age 65? What is their income? How long will that last? Is this what they expected?
  
• What has the stock market done over the years?
  
• How has volatility affected the results?
  
• How is the income in your working years like a shield?
  
• What happens when the working income is gone?
  
• Who is in the have nots and who is in the have yachts?
  
• What is the difference in the word return vs. the word change?
  
• What are the gurus paid to do?
  
• What is the definition of compound growth?
  
• Does the stock market give compound growth?
  
• Does the bond market give compound growth?
  
• What’s the difference between growth and compound growth?
  
• How is compound growth like acorns coming off an oak tree?
  
• Do bonds and mutual funds compound?
  
• What is yield to maturity (YTM)?
  
• What about simple interest?
  
• What about making a distinction?
  
• Do you have the capacity to do the work?
  
• What are the two catches?
  
• What did Albert Einstein say?
  
• Would you like to join us for Part 2 of this interview next week?
  

Lester N. Himel discovered the use of specific types of Life Insurance to enhance and expand the performance of investment portfolios several years ago; this after spending 28 years in a variety of positions on Wall Street. Like most financial professionals, he considered stocks, bonds and similar instruments as the core of a reasonable investment approach. In those last several years, Les has found the better way. Les comes to this field with a very broad financial background. He started as a compliance officer, worked in administration, was an institutional bond trader, developed an Emerging Markets business, and was also involved with “alternative investments”. Les prefers low risk and “guarantees”, and has an ability to simplify explanations of what, why and how. Contact Les at heiratlas.com.