The generally accepted definition of the word Gospel is good news and here is some I would like to share. In formulating the Mathmatecum I of course read countless statistics about investing and longevity. To date I have had my interpretation of both vindicated by time from the Matmatecums beginnings almost six years ago. The ultimate goals were to provide a lifetime of income and generational wealth without any interruption. To achieve this, it was necessary to find a source of income that was available and guaranteed of course that could only be obtained by putting members monies in U.S. government securities and insured depositories. Fortunately, even though the construction of the Mathmatecums foundation was based on an assumption that the average yearly gain would be no less than 2% and that life expectancies would be 80 years – the Mathmatecum is off to a super start! To date earnings have averaged better than 6 % and life expectancies are once again going higher after the downturn caused by the Covid pandemic of 2020. Remembering that the past is no assurance that the future will be the same, be assured that even after the membership closes Members Monies will increase regardless of the rate of earnings.
Now to get back to the good news: gospel! The Pew Research Center’s Gerontological Sciences division claims that since the 1950’s the number of centenarians has doubled every 10 years. This group is the fastest growing demographic globally. By 2050 they expect there to be 3.7 million centenarians worldwide. This good news should extend the life of the Mathmatecum thereby enhancing the income and generational wealth of all its remaining members. The sooner people join and membership is closed, the better the outcome for all its members. Now is the best time to spread the Gospel of the Mathmatecum.
Early on in my blogs I advised young people especially to open checking and savings accounts in brick-and-mortar banks. I stated it would be good to develop relationships with individuals who you might need in your future. I dislike doom and gloomers who see disasters around every bend in the road. However, it has come to my attention that some (not all) online banks do not operate as brick-and-mortars do and their claims of FDIC insurances are not what people understand them to be. Also finding any people to assist you (let alone responsible ones) can be a daunting task. For the small difference in returns that are generated – it would be wise to be super cautious before using such banks as depositories.
JAI BABA
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