Why do you need a power of attorney? Let’s imagine that you have the choice of investing in two different accounts, one will turn your $50,000 into $100,000 in two years, the other will turn $50,000 into $75,000. But there is a catch… The $75,000 you can access anytime you want, but the $100,000, well if you need it, you can’t get it. Which one would you choose?
See, the most important word when it comes to your investment is not growth, is not safety, is not returns. It’s none of that. It’s access. It’s, “Do you have the access to your money when you need it the most?”