Money Has to Reside Somewhere
Written by: Tomas McFie
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Word Count: 352 |
Date: Sun, 4 Apr 2010 |
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It can stay with you or go to somebody elseYou make the Decision!
What if there was a "financial instrument with a track record stretching back 1,400 years: that was so solid that it survived the Great Depression?" What if this same financial instrument, offered "high rates of return, was recession proof, tax free, liquid and was not correlated to the stock market?"
People would jump to get this financial tool if they knew they could get it without risk, that the returns were guaranteed, that it was judgment proof, and, would anybody refuse it if they could use it to recover 20-25% of the money they spend every day without having to work any harder?
Okay the truth is out, there is such a financial tool! The problem is due to investment strategies, which can only work while an economy is booming; this financial tool has been given a bad name. But now during the bust cycle which we are going through right now, the wealthy who know all about this financial tool and have used it to create their wealth, contentedly sit on their guaranteed profits and watch. All the people that were in speculation of course are earnestly praying for a "real rate of return of at least 12.8% a year until 2017," just so they can break even.
As a matter of fact, this financial tool has been used to create wealth for over 100 years, in this country alone. J.C. Penny and Walt Disney used this financial tool when everybody else thought that they had gone crazy and wouldn't extend any loans to them. All they did was use the liquidity of this tool which they owned and put foundations under their dreams which the public laughed at.
If the above did not rouse your curiosity, you must be slumbering soundly or either that you do not comprehend how money works. Welcome! This is the real world, and most individuals here don't comprehend how money works. Ever wonder why America is in financial distress today? The reason is before you.
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