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.

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": http://economicwarrior.org/2012/08/14/author-unveils-americans-77-38-exposure-to-stocks-in-their-retirement-accounts-rampant-speculation-with-no-guarantees/

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.” http://www.thewealthchannel.com/videos/the-house-always-wins

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: http://legacyinsuranceagency.com/financialanalysis.html

Until next time, get your financial house in order!
Barry Page
Legacy Insurance Agency, PLLC
www.legacyinsuranceagency.com

Shield Financial Consulting
www.shieldfinancial.com

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.

Love and Money

Love and Money - Making Financial Decisions Together

You do it for love... Have you ever thought about your true motivations? Primarily we ultimately make all of our decisions based on love. It could be your love for an individual, your family, your business or your passion. This is why money is not a true motivator, love is the why we do things.

In this special issue, I will reveal:

• 3 tips for Improving Your Marriage
• How To Reduce Stress in Your Marriage
• Living the Good Life

3 tips for Improving Your Marriage

Tip #1. Hold a Monthly Financial Meeting
Many couples never talk openly about money, so when financial issues pop-up, it often leads to conflict. One of the best ways to overcome this is to sit down with your loved one on a regular basis, preferably monthly to discuss your financial matters.

Topics to discuss:
1. Spending
2. Saving
3. Budget
4. Major Expenditures

Financial literacy is of supreme importance, and all involved should be educating themselves on how their money is flowing. Once you determine where your money is going and for what, you will become more aware of how and why you make your purchases. Being aware of possible problems before they occur is also key.

The solution is to sit down with your partner monthly and go over your financial plan. Look closely at your spending patterns and discuss future expenditures. Determine if what you are spending your money on is really necessary. Is this expenditure a need or a want? 

Tip #2. Accept a Shared Responsibility
Often today, I hear of couples having separate checking accounts, but when you do this, are you really sharing in your responsibility? It is common for one spouse to play the primary role in managing finances, but both partners should be involved with financial decisions and at least be aware of how the money is being utilized. 

Again, I advocate financial literacy. When you understand what's going on with your money, you will know how to use it to your advantage.

Be aware that when one spouse makes all of the financial decisions, you are setting yourself up for conflict in the future.

Tip #3. Invest in Your Financial Knowledge
When you invest in your financial knowledge you will begin to think differently. Since we were kids we have been trained to work hard, go to school and get the best job possible. We are told that our academic education and the number of hours we trade for dollars will make us happy. If this worked, why are there so many divorces? And, why are so many people broke today?

Often debt is to blame for failed marriages, but the true culprit is a lack of financial education. We are taught very little in school about how money really works, because the goal of an academic education is to get a "job".

When you discover how a business works, you will have a different outlook on finances. Businesses earn a profit, not a paycheck. Jim Rohn once said, A job will earn you a paycheck, but a business will earn you a fortune.

Many books are available to help you increase your financial literacy. Here are some of my favorites:
http://www.legacyinsuranceagency.com/recommended-reading.html

 

How To Reduce Stress in Your Marriage

Reducing stress involves making decisions with confidence and together. By increasing your financial knowledge you will in turn increase your confidence when making financial decisions. When you plan your financial future, you will be prepared for whatever comes your way.

If you want to reduce stress and financial worry in your marriage, you need to have a plan. Your plan needs to be discussed on a regular basis (see Tips above). Your plan should include goals that you determined together. Once you determine your financial goals you can work together to achieve those goals.

While most financial plans today are put together by financial advisors from major financial institutions, they do not contain any guarantees. That is because these plans are based on paper assets where you as the investor take all of the risk. Even if you do the investing yourself, there is still a lot of luck and guesswork, with very little predictability.

A better alternative to traditional financial planning is to Become Your Own Banker. Why leave the results of your plan up to the investment bankers? Do you find it ironic that in 2008, we as taxpayers, bailed out the largest financial institutions in the world? And, these same financial institutions and banks still ask us to invest our money with them?

You can learn how to Become Your Own Banker by requesting a no-cost, no-obligation analysis:
http://legacyinsuranceagency.com/financial/financial-review-analysis.html

Living the Good Life

The idea of retirement typically involves leaving the workforce. However, if you do your research you will find that this is a government idea. An idea that involves dependency on others. Sadly today, less than 5% of Americans can retire when they expected to or live without government assistance.

The good news is, instead of depending on government assistance or qualified plans (IRA, 401k, etc), you can live the good life and control your own financial destiny. By Becoming Your Own Banker, as outlined in the bestselling book, you can live your life without restrictions.

When you Become Your Own Banker:

• You control your money.
• You can make decisions without penalty.
• You have liquidity.
• You have guarantees.
• You have peace of mind.

The Infinite Banking Concept, as outlined in the bestselling book Becoming Your Own Banker by R. Nelson Nash, is a way to create a personal financial system where you remain in control. You can finance all of your purchases over your lifetime, with your own bank! You have a solid foundation that will protect you and your loved ones in the event of financial loss. You will have access to capital when you need it and for anything you want without taxes, penalties or restrictions. Learn more and order the book, Becoming Your Own Banker, here: http://legacyinsuranceagency.com/byob/becomingyourownbanker.html

Now is the time to protect your loved ones and create your own legacy of love. Take control of your finances today by learning how to become your own banker. Request a no-cost, no-obligation analysis:
http://legacyinsuranceagency.com/financial/financial-review-analysis.html
 

Show your love this Valentine's Day by controlling your financial future and protecting what matters most.

I'm truly yours to count on,
Barry Page
Legacy Insurance Agency, PLLC
www.legacyinsuranceagency.com

 

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.

Take Control of Your Finances and Avoid the Government Chaos!

Take Control of Your Finances and Avoid the Government Chaos!

Our government is out of ideas... and chaos is taking control. In 2006 they didn't see the crisis coming? Then in 2008 they couldn't understand it, so they threw money at the problem. Then from 2009-2011 more bailouts and wreckless spending still haven't worked.

Meanwhile, American households knew that the problem was too much debt. Still, they have the gall to ask for more money and to raise the debt ceiling. The FED chief (Ben Bernanke of The Federal Reserve) claims that the money we've spent was "invested" and we are receiving a return on our investment. Yet, after over $7 TRILLION in losses, housing prices continue to fall, unemployment continues to rise, and new graduates can't get a job. You would think "they" would get it by now, more debt is not the answer.

Take a look at our current debt: http://usdebtclock.org Do you see any return?

While our Government can not solve their debt problems, you can! You don't have to depend on the government and the financial institutions. By taking responsibility for your financial decisions, you can create your own system of finance. One that will free you from the dependency of the government. Take the time to educate yourself and take control of your finances today by Becoming Your Own Banker. 

Politicians are wasting your money and they want more! The reason that defaulting on our debt would cause problems is because we are in debt in the first place!!! Think about it... They are warning us that it would be harder for Americans to borrow money if we defaulted. Why? The FED and banks have BILLIONS of FIAT money sitting in vaults and interest rates are at the lowest points in history. What do you think the problem is now?

The very reason we are in this mess in the first place is because of DEBT, over leveraging and eased lending practices. This causes false hope and INFLATION. And, if you haven't felt it yet, it's coming. Government needs to be smaller and we need to abolish the FED. We need to take control of our finances and STOP being dependent on the government and the financial institutions.

Depending on where you went to school, you probably learned about economics from a Keynesian perspective. This is exactly what our government is doing now, trying to spend our way out of an economic problem. Contrary to this belief, free markets should be allowed to exist, and money creation out of thin air should not.

Austrian Economics is an entirely different approach that dissents from the mainstream on method, theory, and policy. It views economic actors as unique, conscious, and freely choosing individuals, not as undifferentiated data to be manipulated mathematically or politically.

Rooted in the tradition of Carl Menger and Ludwig von Mises, as well as Murray Rothbard and F.A. Hayek, the Austrian approach offers a rigorous and logical approach to economics that gives free markets their due and takes full account of the reality of human choice.

You can learn more about Austrian Economics and sit in on live classes via the web, absolutely free of charge from the Mises University. Just click this link: Austrian Economics Taught Here.

This should give you plenty to think about, and hopefully you will see the light at the end of the tunnel. Our country's current problems are rooted in debt and overspending. More government control of our financial decisions and more spending are not the answers. You do not have to depend on politicians to solve your financial problems. Just take a look at their records and you will understand why. Take action today!

Until next time,
Take Control of Your Finances!
Barry Page

Barry Page is recognized as a leading expert on life insurance and private banking. He is a Registered 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.

He has created a service that caters to families and business owners that are frustrated with the risks involved with the stock market, but still want competitive returns. His specialized knowledge and services help consumers find alternatives to traditional investing and the stock market that not only safely protect their savings, but also provide tax advantages.
His business is based in Ocean Springs, MS and he services clients throughout the Southeast. He can be reached here: http://legacyinsuranceagency.com/contact.html