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Hi Ray,

That's all I care to expound on risk. I'll let you or somebody else pick up that baton.
OK, let's flip it over for a moment... There is a concept of 'sweepstakes bias' in finance psychology. It shows that humans are typically wired so that they ignore, or under-experience, the pain of small losses in aggregate less than they experience the ecstacy of large gains, in a detrimental way.

To put it in real world terms;
People feel less pain losing $1 at a time, 11 times in a row, then they feel in offsetting ecstacy at winning a $10 jackpot.

This sweepstakes bias is rampant, and not only does Vegas (and Atlantic City, every reservation casino in North America, and now the internet gaming world) count on it... but Wall Street *THRIVES* on it.

As you say; Be skeptical... play the badguy... *KNOW* that there is (not might be) a bug in the narrative, and seek it from that certainty.

Any claim that "the risks are worth it, just imagine the treasures you'll be losing out on if you don't play the risks" must raise massive red flags, and sound klaxons loud and hard.

Any game that can't outperform when the risks are neutralized virtually never outperforms when the risks are added back in.

Heh. You keep trying to tailor the wording so that the only answer is IUL. Not buying it.
Maybe you aren't knowingly doing it on purpose, but I assure you that you are.

Nope... as I've said at least a dozen times now, I can use *ANY* strategy or instrument... I used to be an options spread trader, I know how to encapsulate risk both directionally and within time.

The Fixed Reset Indexing strategy is offered by insurance companies *AND* securities companies (RIAs,) but the wrap funds that do it struggle because they don't get the same IRS-code advantages.

When the risks are standardized among strategies compared, I haven't found anything yet that outperforms the properly structured IUL. Maybe someday that will change.

Meanwhile, if you're hearing voices in your head about getting entrapped into having "the only answer as an IUL"... that's not *my* voice you are hearing. Double check on your own internal skeptic... it might be trying to tell you something new.

Dave Donhoff
Leverage Planner
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