Brace Yourself for Financial Armageddon

Brace Yourself for Financial Armageddon
How To Protect Your Family, Home and Future  

For the past year or so I've been relatively quiet compared to my emotions about the state of our financial markets. From my perspective I want to share with you what I know, but on the other hand I risk the chance of sounding negative. I can't stand aside quietly anymore, brace yourself for financial armageddon!

Ezekiel 33:6 - But if the watchman see the sword come, and blow not the trumpet, and the people be not warned; if the sword come, and take any person from among them, he is taken away in his iniquity; but his blood will I require at the watchman's hand.

The evidence is everywhere and even the media are getting nervous as the financial gurus predict economic collapse.

Jim Cramer, a former hedge fund manager and host of CNBC’s Mad Money, declared on Meet the Press with David Gregory, “I’m predicting bank runs in Spain and Italy within the next few weeks.  Without a coordinated policy, there is going to be financial anarchy in Europe and it's going to cause a slowdown worldwide, China and here.”

Even members of the Federal Reserve itself are speaking out. In a recent news story with Reuters, Richard Fisher, President of the Dallas Federal Reserve, said "We ... know that monetary policy is necessary but not sufficient to achieve full employment because it's also a function of fiscal policy. And there lies the problem."
http://www.reuters.com/article/2013/03/26/emirates-fed-fisher-bonds-idUSL5N0CI0F820130326 

Well known financial analysts who predicted the last crash are giving their warnings. Jim Rogers is prediciting a major crash ahead for U.S. investors. "I don't trust the data from any government, including the U.S.", Rogers said. "We know that governments lie to us. Everybody's printing money, but it cannot go on. This is all artificial."
http://moneymorning.com/ob-article/jim-rogers-major-crash-ahead.php?

Harry Dent Predicts Global Economic Crash in 2013 on CNBC. "We are primed for a crisis... It's not anything that should be unexpected." A market crash is coming in 2013 or 2014, Dent warned in an article in USA Today. “This will be a repeat of 2008-09, only bigger, when it finally hits... Get out of the way.” 

Peter Schiff has constantly reminded the public of dangers that lie ahead. Schiff also points out specific ways that they can profit from economic collapse by investing in gold and silver and has even written a book, Crash Proof.

Alex Jones says Financial Armageddon has already started. He warns us against the EU and IMF in this video: http://youtu.be/ho41rbmusko

Even others will profit from the major losses that others will take. George Soros is said to have made $1 Billion just since November betting against the Yen, according to Bloomberg. 

How will the chaos happening in Europe effect the United States? The Cyprus government has agreed to a bailout deal with international creditors. It will receive 10 Billion Euros, (about $13 Billion) from Troika lenders, a group comprised of the International Monetary Fund (IMF), the European Central Bank and the European Commission. 

European bailouts will mean American taxpayers will fund a major portion of them. The Federal Reserve provides 20% of the money for the IMF, and they are the entity that will lend the money. The bailout will be used to pay save the banks and the taxpayers will absorb the losses. 

Enough bad news, or shall we call it reality news, what can we do protect ourselves from loss? While taking this all in, think about your family and what is absolutely most important to you. If something bad happens, what do you want to happen? In order to survive, you need a plan.

Psalm 49:10 - For he seeth that wise men die, likewise the fool and the brutish person PERISH, and leave their wealth to others. 

What You Can Do Now To Protect Your Home and Future?

1. Have an Emergency Plan - The best thing is to have multiple plans, a plan B and C.  Do you have your relatives most recent contact information handy? Could you provide space or bunk with them in case of an emergency? Do you own a tent and sleeping bags if you had to rough it outside?  If the day comes and you have to leave for somewhere, where would that be?  You need to have an emergency plan.

2. Protect Your Valuables – Secure your home and always lock your doors and windows. Safeguard your valuables by being discreet and not leaving valuables in plain sight. Consider owning a gun for protection. 

3. Stockpile Food and Plant a Garden - Stock up on clean drinking water and essentials, including  non-perishable foods. In times of emergency you may find that water purification tablets come in handy. Food will become one of the most valuable commodities in existence in the event of an economic collapse.  If you do not have food you will not survive. Now is the time to buy seeds, before the mad rush. Take the time to prepare your soil and learn how to plant a vegetable garden. 

4. Remain Liquid and In Control of Your Money - You may be surprised that your money is not completely safe in the bank. It’s a good idea to keep an emergency fund close to home, preferably protected in a safe. You’ll want to spend less, save more, and curb investing in speculative products or buying anything that isn't necessary.

5. Spend Time With Your Family - Eat meals together as a family. Research shows that family meals produce positive kids. Pray Together. Our country was founded on faith and we need it now more than ever.

Saving money is what built this country. While the media and financial pundits will tell you that saving is a bad thing in tough times, and would suggest that "now" is the time to invest, having liquidity and access to capital when you need it will always put you in a favorable position. In uncertain times with markets and banks teetering on collapse, safety and liquidity are key to surviving.

You can protect your family and your wealth by creating a system of finance that is independent of traditional banking models. By utilizing a little known financial tool that out dates the Federal Reserve and the Internal Revenue Service, you can virtually become your own banker. This tool is called dividend paying, whole-life insurance. And, even though you may have been told by my the media and entertainers, parading as financial gurus, that whole-life insurance is a bad place to put your money... they are wrong!

Life insurance has survived depressions and recessions and has been around for centuries. While stock markets have remained volatile, owners of this centuries old financial tool have been able to rest easy and prosper. When properly administered, permanent life insurance from a mutual company, can be used to create your own family banking system that can live on for generations. You can learn more about family banking here: http://familybankbusiness.com

You may also want to consider keeping a portion of your portfolio in precious metals, not as an investment, but as a form of insurance. Historically, precious metals have served as a store of wealth and have long been prized as the only truly reliable hedge against inflation. As tangible commodities with intrinsic value, they offer distinct advantages over stocks, bonds and other paper assets. While the value of stocks can decline absolutely, precious metals such as gold, silver, palladium and platinum always retain a value, regardless of market conditions. Even when compared to other hard assets, such as real estate or fine works of art, precious metals 
compare favorably based on their high degree of liquidity and portability. Learn more about precious metals and how you can own them here: http://www.shieldfinancial.com 

In closing, I'm urging you to take the steps necessary to protect your family, home and future. Burying your head in the sand could result in the demise for your family. And, all that you have worked all of your life for could be gone. The government will not save you. Take action now!

Until next time,
Barry Page
Legacy Insurance Agency, PLLC
www.legacyinsuranceagency.com
Shield Financial Consulting
www.shieldfinancial.com 
Family Bank Business
www.familybankbusiness.com

Barry Page is recognized as a leading expert on finance, 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 United States.

What Would You Do If You Knew You Couldn't Fail?

What Would You Do If You Knew You Couldn't Fail? Think about that for a moment. We often turn our heads or close our minds to new ideas because of fear. If you take it a step further, and consider the outcome being a positive one, then imagine the possibilities.

I have learned through the Infinite Banking Concept, that my capital has a cost, and I must recoup my capital outlay to practice this principle. You see my spending habits will cost me THOUSANDS of DOLLARS of MY OWN MONEY every year if I don't practice banking.

Now, let's take it a step further and discuss what it will cost you if you continue down the traditional path of financing and paying cash for your purchases. This is only 1 example out of numerous ways that you can transfer away your wealth over your lifetime.

Here's an example of purchasing a car: Automobile Financing
What would you do with 1 MILLYUN$?

So, you may be thinking that you're not going to purchase that many more cars or you'll buy used ones. What about your kids? and grandkids? You see, IBC is about keeping your money in the family.

And, have you thought about the Cost of College? Credit Cards? And, other purchases you will make.

The whole idea is to recapture the interest that you are paying to banks and finance companies for the major items that you will purchase over your lifetime, such as automobiles, major appliances, education, homes, investment opportunities, business equipment, etc.

"You finance EVERYTHING that you buy. You either pay interest to others or you give up the ability to earn interest by paying cash." ~Nelson Nash

Why would I be encouraging you to learn the Infinite Banking Concept? Because I want you to learn what I've learned, and yes, ultimately you may become a client. If you do, you will discover why my clients are calling me and thanking me during these tough, economic times. I am convinced that IBC will change your life, the way that it has mine.

You see, when I first got in the financial services business, I was encouraged to follow and teach others the same, tired methods of accumulating wealth that everyone else is using. I soon learned that those methods are a failure! If traditional financial planning worked, why do you think that so many people are broke and struggling to make ends meet?

These flawed methods of personal economics focus on the accumulation of wealth by  consistently contributing to an account and compounding the interest earned over time. When we subject ourselves to this form of thinking we are limiting our human life value.

Over time fallacies and falsehoods develop into myths. Falsehoods developed and perpetuated by so called "financial gurus" limit our productivity and stifle our human life value. Myths destroy our confidence by instilling our minds with doubt and fear.

You have probably heard the following fallacies and myths:
1. You're in it for the long-haul.
2. High-Risk = High Returns.
3. The market has averaged 10-12% over time.
4. Work hard, go to college and get a good job.
5. Save money, get out of debt, invest for the long-term and diversify.
6. When you retire you'll be in a lower tax bracket.
7. When you retire you won't need insurance.

What makes theses Myths so Destructive is that they are based on a scarcity mindset, and are Perpetuated from Generation to Generation. When we embrace the scarcity mindset we are buying into the belief that our resources are limited. Scarcity fails to account for self-worth and further limits our opportunity for ownership and growth.

If you can't afford to wait 20-30 years to build retirement wealth then learn how the VELOCITY OF MONEY can turn your financial world around and put you in control of your money. Learn how banks grow their bottom lines and Use Your Money to make money, Learn HOW TO BECOME YOUR OWN BANKER.

Today, my entire practice revolves around teaching others about the Infinite Banking Concept. Because I've learned firsthand that it works, and I've seen the impact it can have on other people's lives. So, I'm reaching out to you, because I care about you and your family. I care that your family may be subjected to the same fallacies and myths that the financial institutions
and elite want you to believe.

TO DO NOTHING IS TO RISK EVERYTHING! You have NOTHING TO LOSE and EVERYTHING TO GAIN. Click this link to learn how you can take control of your finances: Becoming Your Own Banker


Yours to count on,
Barry Page, RFC
Registered Financial Consultant
Legacy Insurance Agency, PLLC
www.legacyinsuranceagency.com 

HOW TO CREATE YOUR OWN BANK

Learn How To Create Your Own Banking System Using the Infinite Banking Concept™

WHAT IF:
· You could recapture all the money you paid for a car?
· You could recapture all the interest you paid on financing it?
· You could make the same profits as the banking institution that financed it?

AND --- DO IT ALL ON A TAX-FREE BASIS!

Infinite Banking teaches the process of using your current flow of finances versus consumption of money, for integrating protection and wealth accumulation enabling one to enhance their assets without creating additional liabilities. If you had your own grocery store would you buy groceries from a competitor's store? If you owned your own bank, would you borrow money from a competitor's bank? Most people agree that if you own a business, it makes sense to fully utilize that business and all its assets for not only your business but also for your personal needs. Yet that is not generally what happens especially when we make significant purchases such as cars, equipment, and homes.

YOU CAN LEARN HOW TO…
· Use available savings and cash flow to build your own “bank”
· Finance things you buy through your own “bank” with loans from your “bank” to you
· Repay your “bank” exactly the same way as you would repay the financial institution you would use otherwise
· Build a system of banks that increases your personal wealth

Consider this, "we finance evetything that we buy." We either pay interest or we give up earning interest.

Here's the problem, the average American pays 34.5 cents of every disposable dollar to interest! And, we are not saving enough money. Currently the American savings rate is near it's lowest in history, comparable to what it was during the Great Depression. Yet, most people are more concerned about earning interest than paying interest. Even if we were saving 10% of our income (the U.S. average is less than 3%), that would mean that our ratio of paying interest to saving is 3 to 1. Rather than fighting a head wind, wouldn't it make more sense to create our own perpetual tailwind?

You can using the Infinite Banking Concept™. Though this concept has been around as long as the process of arbitrage, Nelson Nash was the first to explain in it in an easy to read book,
Becoming Your Own Banker™. The book details how anyone can create their own banking system using ordinary, dividend paying, whole-life insurance.

While the book has it's skeptics, and some naysayers have even called it a scam, the process is undeniable. You will need a coach, preferrably a qualified life insurance agent that practices the Infinite Banking Concept™ themselves. Don't expect to buy life insurance direct from the company, or ask the home office how the process works, they won't know.

So, if you are tired of paying your hard earned money to the banks and financial institutions, and you want to recapture this interest and deposit it into your own bank, then read the book. You'll learn the basics, see lots of examples of how you can use the concept, and understand what it means to be an "honest banker."

You can purchase the book Becoming Your Own Banker™ here: http://www.legacyinsuranceagency.com/BYOB

Stop Paying Interest and Start Earning Interest Now! The possibilities are infinite...

Until next time,
Barry Page
www.legacyinsuranceagency.com

Barry Page is a member of the Infinite Banking Concept Think Tank and a licensed insurance agent.