Wednesday, August 15, 2012

Enough to Make Your Blood BOIL! The TRUTH about Your 401k and IRA

It's enough to make your blood boil. Once you learn the truth about your 401k and other IRA Government Qualified Retirement Accounts, you'll want to reevaluate your financial plans.
Barry Dyke, author of "The Pirates of Manhattan - Highway To Serfdom", blows the top off Wall Street and the so called, "Government Regulators":
In this short video, Barry Dyke, discusses the severity of the rampant speculation problem on Wall Street with Allen McLellan of The American College. Dyke explains how your mutual funds in your retirement accounts are like rolling the dice at the casinos. Dyke says "The deck is stacked against the average investor and the government goes along with the scam.”
Here are some notable lines from the book, The Pirates of Manhattan Highway To Serfdom, that put tax evasion in perspective:
"GE paid nothing in taxes in 2010-in fact the conglomerate claimed a $3.2 billion tax credit." 
"Andrea Mitchell the NBC chief foreign affairs correspondent for NBC in Washington is married to former Federal Reserve Chairman Alan Greenspan." 
"GE CEO Jeffrey Immelt is on the Board of Directors of the Federal Reserve Bank of New York along with Jamie Diamond CEO of J.P. Morgan Chase. Pres. Obama appointed Mr. Immelt to be his top outside economic advisor."
Bottom line, if you want create a real retirement plan, don't take advice from Uncle Sam and the Mega Banks. You're better off on your own, creating your own system for finance.
IF You want to know the health of your retirement plan, get a financial checkup and see where you stand. Follow this link to schedule a no cost, no obligation consultation:
Until next time, get your financial house in order!
Barry Page
Legacy Insurance Agency, PLLC
Shield Financial Consulting
Barry Page is recognized as a leading expert on life insurance and private banking. He is a financial consultant and independent life insurance agent who helps clients with tax advantaged investment alternatives. He specializes in showing families how to protect their assets, income and lives utilizing a macro-financial approach to planning.

His specialized knowledge and services help consumers find alternatives to traditional investing and the stock market that not only safely protects their savings, but also provide tax advantages. His business is based in Ocean Springs, Mississippi and he services clients throughout the Southeast.

Legacy Insurance Agency

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Recommended Reading

  • The Pirates of Manhattan
  • Becoming Your Own Banker
  • Circle of Wealth