Retirement Scam Alert!
Wall Street Will Either Screw You or Fee You to Death Dear Reader, Wall Street wants you to focus on asset accumulation and diversification through stocks. Don’t fall for it. Instead, we need to center our focus on income accumulation. The retirement cartel,...
401(k)… IRA… You’re Screwed!
Ever Timed the Market Wrong? How About Your Taxes? Dear Reader, I’m no fan of the 401(k) or IRA. I’ve made that clear since starting this letter, as I hate the idea of current retirement planning.***1. It takes perfectly good money and puts it into Wall Street (a...
Retirement Vs. True Financial Independence
Weekly Wealth Digest Dear Reader, How we ever got this point I don’t know, but millions of us have been convinced to part ways with our money for over 3 decades. Where do we send it? Of all places, the biggest casino in the world, Wall Street, where 94% of your money...
Saving vs. Speculating: Bitcoin
If you are interested in entering the digital currency market, two ways of doing so are through consistent monthly savings or less frequent speculative bets. Here are the pros and cons of each approach and my recommendation for which technique to utilize given today’s...
The Only Way to Preserve is to Grow
Dear FutureMoneyTrends.com Member, In business, investments, and in life, the only way to preserve something is to grow it. A business, for example, that isn’t growing is likely dying. Investments that aren’t increasing in value are not only losing you...
Why You Should Save 20% of Your Income
Dear FutureMoneyTrends.com Member, People younger than 35 are not saving money, according to Moody’s Analytics. It’s bad… the savings rate for the Millennials (18-35) is negative 2%! This means that as a group they are spending more money than they have,...Saving in America
Saving in America Last weekend, one of our staff members spoke to a family member who is over the age of 80, who is saving in Certificate of Deposits (CD’s). When asked what the going rate was, he told us that his 3 month CD pays him almost HALF of a percent....
