This is a question multitudes of Americans are asking. And we don’t pretend to know with absoluteness that America’s best days are over. What we can suggest is: That unless things begin to change drastically in our nation, God’s protective hand may be removed. As the Bible declares, “Righteousness exalts a nation, but sin is a reproach to any people.” We are a nation founded by our Pilgrim fathers who risked life and limb and they held dear, in the pursuit of religious liberty.
Sandra: Well, who is going to cover your household bills when you retire? You sure can’t expect Social Security to even be around when you retire, let alone cover all your bills. So if you don’t pay you, into a Is Melaleuca a Pyramid Scheme or Legitimate Business Opportunity building plan, who will?
Speculators first buy CDS’s with a bank and then they short the bank. This means as the banks stock price falls their CDS’s go way up in value. Speculators start rumors that the bank is having trouble and they cause a panic. As people hear the bank has trouble they pull their money out of the National Wealth Center bank causing the bank’s stock price to sink even lower. Then the Speculators plant even more news stories and buy more CDS’s. In the end the Speculators sink the bank, like Lehman, and they make millions in the process.
This saying is very true when it comes to saving. If you start saving 10% of your income and invest it at a 10% savings rate over a 45year period you will be a millionaire For instance, take two people who set themselves to save some amount every month. One starts saving while in his twenties and the other start saving in his thirties. If they retire at say sixty years, the one who started early is expected to have more if they were both saving the same amount. The point here is that it is never too early to start planning for your retirement.
Switzerland has been a safe haven for Gold fleeing chaos, economic collapse and warfare for centuries. Also, Switzerland has the highest per capita ownership of Gold in the world; although admittedly most of this Gold is in bank vaults, not in citizens’ hands like in India.
Never underestimate the power of switching to generic brands. Many brand name products are produced by the same manufacturers as the off-label groceries, but at only a fraction of the cost. In most cases, you will not be able to taste the difference and you will end up saving quite a bit of money.
With changes in the way we trade stocks, the question is will we have more of them? Can we predict these events? Maybe not but we can listen to people who have a viewpoint that may be different than the majority.