ADVERTISEMENT
  • About
  • Contact
  • Testimonials
  • Demographics & Advertising Rates
Thursday, January 21, 2021
Search
    Generic filters
    California Business Journal
    54 °f
    Los Angeles
    57 ° Fri
    51 ° Sat
    51 ° Sun
    50 ° Mon
    48 ° Tue
    49 ° Wed
    • Front Page
    • Business
      • Insurance
      • Real Estate
    • Finance
      claiming gambling losses on your taxes

      Can you claim gambling losses on your taxes?

      Nicholas Yrizarry

      In Perfect Alignment

      Invest-in-Your-Childs-Future

      Start Investing Now For Your Child’s Future

      IMG 8554 - From a “Wish List” to a “Reality List”

      From a “Wish List” to a “Reality List”

    • People
    • Featured
      284 RUdQVDAwNTEuanBn

      The Rising Phenomena of Solar Energy Hits A New Gear in California

      Silicon V Real Instituto

      The Entrepreneurs ‘Angell’

      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Flags-of-the-world

      The Impact of Covid: Racing to Buy Second Citizenships

      Photonic Chip

      The First Photonic Chip Has Arrived. What Does That Mean For Augmented Reality?

    • Technology
      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Plaxonic Technologies Innovate

      Plaxonic Technologies: Leading Innovation

      tech devises of the future - Latest Devices to Make Our Lives Easier

      Latest Devices to Make Our Lives Easier

      hands of business people typing on a keyboard - Should You Start An Online Business: 4 Things To Consider First

      Should You Start An Online Business: 4 Things To Consider First

    • Law
      law books

      Career paths available with a law degree

      background-check

      How Do Background Check Sites Find Your Information?

      hurricane

      Weathering the Storm

      tower-bridge-london-england

      How to apply from the USA to one of the most famous law universities in the UK

    • News
      Reborn Cabinets, Anaheim, Calif.

      BBB Torch Awards Recognize Orange County Businesses

      AB3088

      California COVID-19 Rent Relief Policies Economically Unsustainable

      american-flag

      Dreamers Won Full Restoration of DACA…What Now?

      Airplane Landing

      London Heathrow one step closer to controversial third runway

    • Human Interest
      • Food
      • Art & Culture
    • Education
      Benjy Grinberg

      NEW TODAY … Philanthropy Corner: 7 California Businesses That Support Education

      california-consumer-privacy-act

      How CCPA Has Impacted Businesses

      OIP 2 - Silicon Valley's Celltrio is utilizing the design theory popularized in LEGO building sets to automate lab processes for harvesting cultured cells.

      Silicon Valley’s Celltrio is utilizing the design theory popularized in LEGO building sets to automate lab processes for harvesting cultured cells.

      Reborn Cabinets, Anaheim, Calif.

      BBB Torch Awards Recognize Orange County Businesses

    • Health & Fitness
      The Surprising Link Between Gut Health and Mental Health - The Surprising Link between Gut Health and Mental Health

      The Surprising Link between Gut Health and Mental Health

      Eesha Patel feature

      Multi-Dimensional Reality

      166521182

      One Hour Each Morning for the Remaining 23

      87 CBN vs CBD How Are the Benefits Different - Commonly Asked Questions About CBD Oil in the USA

      Commonly Asked Questions About CBD Oil in the USA

    California Business Journal
    • Front Page
    • Business
      • Insurance
      • Real Estate
    • Finance
      claiming gambling losses on your taxes

      Can you claim gambling losses on your taxes?

      Nicholas Yrizarry

      In Perfect Alignment

      Invest-in-Your-Childs-Future

      Start Investing Now For Your Child’s Future

      IMG 8554 - From a “Wish List” to a “Reality List”

      From a “Wish List” to a “Reality List”

    • People
    • Featured
      284 RUdQVDAwNTEuanBn

      The Rising Phenomena of Solar Energy Hits A New Gear in California

      Silicon V Real Instituto

      The Entrepreneurs ‘Angell’

      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Flags-of-the-world

      The Impact of Covid: Racing to Buy Second Citizenships

      Photonic Chip

      The First Photonic Chip Has Arrived. What Does That Mean For Augmented Reality?

    • Technology
      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Plaxonic Technologies Innovate

      Plaxonic Technologies: Leading Innovation

      tech devises of the future - Latest Devices to Make Our Lives Easier

      Latest Devices to Make Our Lives Easier

      hands of business people typing on a keyboard - Should You Start An Online Business: 4 Things To Consider First

      Should You Start An Online Business: 4 Things To Consider First

    • Law
      law books

      Career paths available with a law degree

      background-check

      How Do Background Check Sites Find Your Information?

      hurricane

      Weathering the Storm

      tower-bridge-london-england

      How to apply from the USA to one of the most famous law universities in the UK

    • News
      Reborn Cabinets, Anaheim, Calif.

      BBB Torch Awards Recognize Orange County Businesses

      AB3088

      California COVID-19 Rent Relief Policies Economically Unsustainable

      american-flag

      Dreamers Won Full Restoration of DACA…What Now?

      Airplane Landing

      London Heathrow one step closer to controversial third runway

    • Human Interest
      • Food
      • Art & Culture
    • Education
      Benjy Grinberg

      NEW TODAY … Philanthropy Corner: 7 California Businesses That Support Education

      california-consumer-privacy-act

      How CCPA Has Impacted Businesses

      OIP 2 - Silicon Valley's Celltrio is utilizing the design theory popularized in LEGO building sets to automate lab processes for harvesting cultured cells.

      Silicon Valley’s Celltrio is utilizing the design theory popularized in LEGO building sets to automate lab processes for harvesting cultured cells.

      Reborn Cabinets, Anaheim, Calif.

      BBB Torch Awards Recognize Orange County Businesses

    • Health & Fitness
      The Surprising Link Between Gut Health and Mental Health - The Surprising Link between Gut Health and Mental Health

      The Surprising Link between Gut Health and Mental Health

      Eesha Patel feature

      Multi-Dimensional Reality

      166521182

      One Hour Each Morning for the Remaining 23

      87 CBN vs CBD How Are the Benefits Different - Commonly Asked Questions About CBD Oil in the USA

      Commonly Asked Questions About CBD Oil in the USA

    Search
      Generic filters
      California Business Journal

      ‘No. 1 Investment in America’

      Financial Whiz Charles Salisbury Shares a 12% Yield, 100% Insured Opportunity You May Never Have Heard Of.

      by Susan Belknapp, Senior Writer, California Business Journal
      A A
      money crop - ‘No. 1 Investment in America’
      Share on FacebookShare on Twitter

      Charles “Chuck” Salisbury has been making people money – and teaching them how to make it for themselves – for decades. The alumnus of firms such as Shearson Lehman, Prudential Securities and Smith Barney, this stockbroker and financial industry executive has always made his mark by finding the hidden gems in the investment world.

      He’s now further spreading the wealth by sharing one of the most impressive opportunities of his career. But it comes with a caveat: Don’t try this on your own or make sure to speak to an expert first. He is open to answering any questions regarding this unique concept.

      “My intention is to educate people,” he says, referencing his website, Number1Investment.com and his latest book, “The Incredible Investment Book, Edition 3,” which was released in June 2019.

      The investment Charles Salisbury shares in his new book is a concept that has been around since 1911 but only the very wealthy know about it. It’s called life settlement and it is a $65 billion dollar market annually.
      The investment Charles Salisbury shares in his new book is a concept that has been around since 1911 but only the very wealthy know about it. It’s called life settlement and it is a $65 billion dollar market annually.

      The Back Story

      Salisbury is a Marine veteran who went to boot camp at Camp Pendleton in San Diego. After being honorably discharged, he returned to his home state of Illinois to begin a career in real estate. He also published his own weekly newspaper, where he did everything from reporting and editing to typesetting and sales.

      In 1974, after he married, he decided “swimming pools and movie stars” sounded a lot better than another Springfield, Illinois winter, so he returned to California. He ended up taking a job at small investment firm that came with an office on Wilshire Blvd. in Beverly Hills and he started building a celebrity clientele. He began to mingle with entertainment figures, sports stars and even a war hero or two.

      “I was always looking for bigger and greater opportunities and trying to find the unknowns,” he says. “My skill set was to ask questions until I understood something and that’s what I did. Probably the reporter’s blood in me.”

      Here he quickly learned that there was a lot of people flush with cash, but many did not understand how to manage or invest.

      “I started digging to understand more about municipal bonds and the safe, tax-free benefits they offered but couldn’t figure why more wealthy people weren’t taking advantage of this product,” he says. “But then I learned it was because they didn’t know about it – so I stopped cold calling and decided there has to be a better way to reach more people.’

      Related

      human-resources-concept

      Commentary: The Intersection of HR and Tech to Create Better Workplaces

      January 20, 2021
      Benjy Grinberg

      NEW TODAY … Philanthropy Corner: 7 California Businesses That Support Education

      January 20, 2021
      Load More

      He decided to do seminars for finance managers, CPAs and wealthy people from San Jose to San Diego, As one of the few people talking about muni bonds, Salisbury quickly became a trusted expert.

      mbonds - ‘No. 1 Investment in America’“In a couple of years, no one was doing more muni bonds than me, unless it was the institutions,” he says. “My system was more retail-based, but I developed so many wonderful clients, who came at first to learn but then stayed on as clients for years after.”

      One of his major coups in Southern California was when he was digging through the Municipal Bonds Bluebook, searching for hidden opportunities and he discovered the 1970s landmark, Ontario Motor Speedway, was in default.

      “Immediately, I knew this was significant and wondered, ‘What is the security?’” he says. “Was it just the revenue? But then I gained a prospectus and saw the security was the property.

      “I knew I’d hit a home run.”

      ADVERTISEMENT

      He shared availability of the bonds with select clients and the land – approximately 800 acres off the 10 freeway east of Los Angeles – was originally purchased for about $10 million. It had a commercial real estate development value of $120 million at the time, according to media reports. So he and his clients purchased the defaulted bonds at 25% of face value and foreclosed on the property.

      download 2 - ‘No. 1 Investment in America’Understanding arbitrage

      Salisbury’s first two investment books focused on real estate investments and the concept of arbitrage, which is a core rule of investments that few laypeople understand but how the banks make money.

      Income arbitrage is the buying and selling of income-based securities – for example, purchasing short-term bonds yielding 12% income with money borrowed at 6% from a bank or any other lender. In that example, the client would make 6% annually on the difference between the income from the bond and the cost of the borrowed money.

      “Not many people do it unless you’re a sophisticated Wall-Street type, but banks couldn’t even exist without arbitrage,” he says. “It’s the basis of their whole business – they invest other people’s money to make money. They mostly borrow from the Federal Reserve at very, very low interest rates. In the past 10 years, they’ve been borrowing at almost zero interest, and they’ve made loads of money in the process.”

      As an example of how banks use “other people’s money” or OPM, Salisbury points out that when customers open a CD paying 2% interest, the bank can then take that money and purchase short-term notes — for instance, on an oil company in Texas that is paying 8% on a one-year note and 9% on a two-year. They’re automatically getting that minimum of 6-7% and it pays off in one or two years. And when millions of dollars are invested, a 6% return in that short of time is quite robust.

      Consumers can use the bank’s money as well. By tapping into the equity of their home, they can take out a home equity line of credit for what has been historically low rates of 4-5% and then invest in a similar short-term note.

      “But you must get a fixed rate for your home equity loan,” Salisbury says. “A variable rate could adjust and there is no telling what might happen.

      new cover - ‘No. 1 Investment in America’‘The Number 1 Investment in America’

      The investment Salisbury shares in his new book is a concept that has been around since 1911 but only the very wealthy know about it. It’s called life settlement and it is a $65 billion dollar market annually.

      “Warren Buffett has invested more than $1 billion into life settlement and the Bill and Melinda Gates Foundation has invested $500 million,” Salisbury says. “Basically, wealthy people or others who are no longer in need of their life insurance policies and no longer want to pay the premiums sell them to investors for much more than they would get if they cashed them out with the insurance company.”

      The interest rate on a life settlement investment can be 12% and the average maturity rate is 3.5 years.

      “There has never been a default on a life insurance policy,” he says. The investors have all premium payments escrowed so the policies will not default. “They are regulated by the Department of Insurance in every state and 100% insured by the companies themselves. The 12% is based upon the expectancy that the person will pass away in 4-6 years and then we collect on the face value of the policy.”

      This is the broad-brush overview, but Salisbury wants to make sure investors don’t rush in before consulting a professional. His company requires a minimum investment of $25,000, but he says, “With a minimum return of $1.60 for every $1 invested, it is the best investment for retirement accounts.”

      Another hot tip: while the best retirement investment is in life settlements, the worst investment for “safe” or retirement accounts is gold and silver.

      For more information about this investment strategy, call 949.910.6028.

      Copyright © 2019 California Business Journal. All Rights Reserved.

      Charles Salisbury book ‘The Number 1 Investment in America’
      Charles Salisbury book ‘The Number 1 Investment in America’
      s2 1 - ‘No. 1 Investment in America’
      Charles Salisbury book ‘The Number 1 Investment in America’

      Charles Salisbury book ‘The Number 1 Investment in America’

       

       

      Tags: advantages of life settlementsAmericabanksbenefits of muni bondsbookbooksBuffettCaliforniaCharles “Chuck” Salisburycommercialcommercial real estateConsultingconsumersCPAsdevelopmentDiegoEstateexecutiveFederal ReservefinancegoldinformationinsuranceinvestinginvestmentinvestmentsinvestorsLandlandmarklife insurancelife settlementloanLos AngelesMunicipal BondsNo. 1 Investment in Americaoilontarioreal estateReal Estate InvestmentsreporterretirementSan DiegosilverSouthern CaliforniataxTexasUnderstanding arbitragewall streetWarren

      Get real time update about this post categories directly on your device, subscribe now.

      Unsubscribe
      ADVERTISEMENT
      Previous Post

      California’s Neighboring Casinos Suffer 6% Revenue Decline

      Next Post

      The California Consumer Privacy Act will change how we use the internet in 2020

      Susan Belknapp, Senior Writer, California Business Journal

      Susan Belknapp, Senior Writer, California Business Journal

      Susan Belknapp is a Writer, Editor and Corporate Communications expert with 15 years of professional writing experience across a wide variety of disciplines, including monthly print and digital magazines, social media, marketing and brand development. A graduate of University of Southern California with a degree in Fine Arts and Filmic Writing, Susan was Editor of OC Metro Magazine, which became part of the Orange County Register. Susan is also the Founder of Chonubusu Toffee, an online/direct-sale English toffee company specializing in custom orders, events, personalized labeling and dangerously delicious product prepared with the finest ingredients.

      WHAT TO READ NEXT

      human-resources-concept
      Business

      Commentary: The Intersection of HR and Tech to Create Better Workplaces

      January 20, 2021
      Benjy Grinberg
      Education

      NEW TODAY … Philanthropy Corner: 7 California Businesses That Support Education

      January 20, 2021
      california-consumer-privacy-act
      Education

      How CCPA Has Impacted Businesses

      January 20, 2021
      mind-consciouness-neuroscience
      Featured

      Empathy in AI

      January 19, 2021
      boxing-gloves
      Human Interest

      Mystical Phenomena

      January 19, 2021
      284 RUdQVDAwNTEuanBn
      Featured

      The Rising Phenomena of Solar Energy Hits A New Gear in California

      January 19, 2021
      Next Post
      cal privacy act - The California Consumer Privacy Act will change how we use the internet in 2020

      The California Consumer Privacy Act will change how we use the internet in 2020

      Follow Us

      ADVERTISEMENT

      Categories

      • Art & Culture
      • Business
      • Editor's Choice
      • Education
      • Featured
      • Finance
      • Food & Dining
      • Health & Fitness
      • Human Interest
      • Insurance
      • Law
      • Marketing
      • Medical
      • News
      • People
      • Popular
      • Real Estate
      • Social Media
      • Technology
      • Uncategorized

      CBJ Partner Firebrand Media

      Laguna Beach Independent Newspaper

      Laguna Beach Magazine

      Laguna Beach City Guide

      On The Menu Laguna Beach

      Newport Beach Independent Newspaper

      Newport Beach Magazine

      Newport Beach Country Club Magazine

      Coastal Real Estate Guide (NB,LB, CDM)

      Montage Magazine

      Monarch Beach Resort Magazine

      Pacific Coast Magazine (SoCal)

      Omni Escapes Hotel Magazine

      Sea Island Life Magazine

      Salamander Hotel & Resorts Magazine

      Bespoke Concierge New York

      Evans Hotels

      View our entire portfolio here

      ADVERTISEMENT
      ADVERTISEMENT
      Facebook Twitter LinkedIn LinkedIn Instagram
      C B J   LOGO  SVG-01
      • About
      • Contact
      • Testimonials
      • Demographics & Advertising Rates

      Newsletter

      Top Stories

      • Judge gavel, scales of justice and law books in court

        Lawsuit Basics: How Much Does It Cost to Sue Someone?

        0 shares
        Share 0 Tweet 0
      • REPORT: TECH GIANT CISCO ABOUT TO LAY OFF 14,000

        0 shares
        Share 0 Tweet 0
      • The DealMaker

        0 shares
        Share 0 Tweet 0

      Latest Articles

      human-resources-concept

      Commentary: The Intersection of HR and Tech to Create Better Workplaces

      January 20, 2021
      Benjy Grinberg

      NEW TODAY … Philanthropy Corner: 7 California Businesses That Support Education

      January 20, 2021
      california-consumer-privacy-act

      How CCPA Has Impacted Businesses

      January 20, 2021

      California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
      ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
      Site Design by 1REALTOUR

      Search
        Generic filters
        • Front Page
        • Business
          • Insurance
          • Real Estate
        • Finance
        • People
        • Featured
        • Technology
        • Law
        • News
        • Human Interest
          • Food
          • Art & Culture
        • Education
        • Health & Fitness

        California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
        ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
        Site Design by 1REALTOUR

        Do NOT follow this link or you will be banned from the site!