Phil Cannella Explains His Philosophy

Phil Cannella is not just a man of finance but a person who seeks to help others facing retirement in every way possible. In his book; Crash Proof Retirement, The Planning Isn’t Over, Phil Cannella explains and reviews several very fundamental philosophies. One of these is that we should learn from the past and never let history repeat itself. By doing so, we can better control our future and thereby live a better life.

As Phil Cannella explains, a brief study of the history of the stock market will tell you that the markets rise and rise again; and then crash, and then rise and rise again, and then crash again. The thing is, no one can really predict the next crash, and so investors with their hopes high keep putting investment money on the stock market. Yet, if we look at the current bull market, it is one of the longest in history and only can lead to one thing: An impending drop and a looming crash. Phil Cannella urges people in or near retired years to reconsider and think about alternatives that can still provide for the growth you need yet also provide something even more important: guaranteed protection from market declines or crashes.

One of Phil Cannella’s very incisive observations of the stock market is this:

“Historically, the markets in this country haven’t increased for more than five years consecutively. The exception came in the 1990s, a decade that enjoyed nine years of off the chart climbs. Billions of dollars were poured into the technology sector and anything dot-com, much to the delight of countless visionaries and their shareholders. Prosperity, however, has the tendency to blind. It led these entrepreneurs and investors to forget history, statistics and the cyclical nature of the market. On March 10, 2000, the market tumbled down in an instant, to the horror of all those involved. And it kept spiraling down for nearly three years.”

Phil Cannella urges consumers to learn about his exclusive Crash Proof Retirement System that provides a safe alternative to the stock market.