YOUR FINANCIAL RISK *
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Your Financial Risk
YOU'RE TAKING RISKS and you don't realize it. What if ... what if the banks shut down as they did in 1933? What if the war in Ukraine escalates to involve Russia, China and Iran? What if there are attacks on the U.S. infrastructure, our power grid and the Internet. OUR FOOD SUPPLY chains could be disrupted or even halted. What if a Central Bank Digital Currency (CBDC) is introduced here in the U.S. sooner than expected? ... and BTW, can you handle another wave of lock downs? YOUR FAMILY WOULD NEED to be deeply and intelligently prepared to survive. Food, water, medicines, self-defense, heating supplies must be readied. Preparation, resilience and self-reliance would be the watchwords of the day. That's why it’s time to return to the ways of our ancestors. BEING CONVINCED THAT we have entered the "new normal" is half the battle. You now have two choices: 1) submit to a life of financial slavery imposed by a Central Bank Digital Currency, or 2) get out of the system now before the door slams shut. So why not minimize your risks by striving to be independent and self-sufficient. Sleep better at night by taking your first steps toward a more proactive lifestyle. THE WAY IT USED TO BE 100 YEARS AGO your great grandparents produced their own food. They kept rabbits, chickens and cows on hand as ready sources of milk and protein. There were no “big box” stores, just the local general store where you could buy everything from saddles to sewing needles. Buttons were removed from old clothing before being discarded, even a safety pin was valued. Nothing thrown away as “hand me downs” became the norm. |
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DISCLAIMER: We do not provide personal trading, investing, tax or legal advice. We function only as consultants and mentors. Do not invest funds you cannot afford to lose. Past performance does not guarantee future results. Seek the services of a licensed advisor. Full disclaimer ~> |
THERE WERE NO senior living communities. You were born at home and died at home. You began helping your mom pick weeds, shuck peas and husk corn at age 4 and were still helping out at the end of your life.
EVERY CHILD LEARNED to shoot a rifle as marksmanship was valued for its ability to put food on the table. There were no credit cards so you saved-up for what you needed. There was no Social Security, no food stamps and no government subsidies. THE MONEY IN YOUR pocket was real. Banknotes could be exchanged for gold and silver at the teller’s window. There was no nanny state to take care of you. No stimulus payments, no handouts and no welfare YOUR ONLY CONTACT with the government was the post office. There was no CDC, CIA, FBI, DEA, DHS, DOD, DOE, DOT, EPA, FAA, FCC, FDA, FHA, GAO, HHS, HUD, ICE, IRS, NIH, NRO, NSA, OMB, SSA or TSA. It was almost like living in a free country. Family was your tribe, your security, your everything. Life was tough and each family was always on its own. AND THE WAY IT IS NOW FAST FORWARD 100 YEARS and almost everything is forbidden without a license. Even the volume of water in your toilet tank is regulated. The dollar has now lost 96% of its purchasing power, and between taxes and inflation, as much as 50 cents out of every dollar you earn returns to the District of Columbia from which federal operations are administered. SO WHAT IF our great grand parents survived the Great Depression of 1929. As we now contemplate a second "Greater Depression", the great irony is that most Americans are phenomenally unprepared to maintain their current standards of living without a great deal of help. |
GIVE YOURSELF A CHANCE
Here are six areas to consider as you transition to a proactive lifestyle. 1) Move Your Assets Into A Trust. Contact a local attorney who specializes in asset protection to explore a trust or an LLC. Remember that if you own an asset titled in your own name, it can be taken away from you in a lawsuit. Mistakes: Failing to fund and update the trust; choosing the wrong trustee; underestimating the needs of heirs; not prepping your successor 2) Protect Your Savings. Banking law changed with the 2010 Dodd-Frank Act. Your bank now has the legal authority to seize your funds and default on your deposits. Mistake: Leaving 100% of your savings in a bank and hoping for the best. And don't forget, credit unions are not too big to fail. 3) Convert Your Dollars to Hard Assets. If your entire world is priced in dollars, whatever happens to the dollar will happen to you. Move a portion of your savings into hard assets like antiques, art, real estate or precious metals. These are all likely to rise in value in proportion to the degree to which the dollar loses purchasing power. Mistake: failing to consider how cash-out and barter scenarios may be affected by political unrest. 4) Adopt a Debt Elimination Plan. Start chipping away at your delinquent bills and your closed accounts in collection. Mistakes: Waiting for things to get better before attacking your debt; engaging a third-party. We help you scientifically attack your debt on a fixed income for less money. 5) Re-Evaluate Your Insurance Coverage. Consider the effectiveness of your home, life and health plans for scenarios in which your living standards are compromised. Mistakes: Failure to acknowledge the possibility of disaster; failing to buy renter's insurance; buying only the minimal amount of liability; not considering the cost of rebuilding your home; buying insurance on price only. 6) Explore Independent Sources of Income. It actually now makes business sense to set aside 5-15 hours per week to start a home biz while still working a 9-to-5 job. Then apply your W2 or 1099 income to monthly bills while using the residual income from your home biz to adopt a more proactive life style. Mistake: Assuming your "9-to-5" will always be there. |