401K Rip-Off

Recently, while talking to a friend he said:

“I have a 401k at my job and I think they are just
ripping me off.  I can’t use the money if I need it,
my account value is going down, and I’m not really
sure what to do with it.  I don’t want to lose my
money again if the market tanks again.”

Fortunately for him, my business partner and I have
been researching the answer to that question for
years while preparing to write our best-selling book
Safe Money Millionaire.

Here is my answer to his question…

Go Here to Watch The Video

If you are tired of risking your future in the Wall
Street casino you’ll want to watch this video.

Talk soon,

Brett & Ethan

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What your grandparents should have told you

I shared an 8 minute video last week with the title: What
Your Grandfather Didn’t Tell You About The Great Depression

See It Here

In this brief video I talk about an investment stratagy used
by the “Greatest Generation”.

This investment:

- didn’t lose money when the stock market crashed in 1929.

- didn’t lose money in 1939 when the market dropped 89% or
in 1973 when the Dow dropped 45%.

- didn’t lose money in 2008 when it dropped 40% or in 2011
when it dropped again.

- protects your wealth from being ravaged by taxes.

50% of every dollar saved during several decades went into
this safe investment.

Many of the companies that handle these investments have
been in business for over 100 years, some over 300 years.

If you didn’t get a chance to see it, Watch It Here.

Ethan & Brett

 

 

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The Single Event that Changed the Way We Save

My grandparents were part of what is known as the greatest
generation.

They grew up during the great depression and came of age
during World War II.

After all of this, the last thing they wanted to do was
risk their hard-earned savings, so they found ways to
invest in a way that they didn’t have to risk their money
and possibly lose it.

For decades this generation saved their money safely and
securely while avoiding the risk of the stock market.

Unfortunately the generations that followed did not learn
this lesson from their parents and grand parents.

Then a single event happened thirty years ago that changed
all this and duped the current generation into risking
their hard earned savings in the stock market once again.

We made an 8 minute video about it here.

Enjoy!

Ethan & Brett

 

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Number of dependent Americans jumps under Obama

The number of Americans that are now dependent on the
federal government has increased by 23% in just two
years under President Obama.

According to the Heritage Foundation 67 million Americans
now rely on some federal program.

Some observers say the rise in dependence under Obama is
simply a reflection of the recession.

However, the study shows that the rise was driven mainly
by increases in housing subsidies, an expansion in Medicaid
and changes to the welfare system, along with a sharp rise
in food stamps.

“You can’t get around the fact that policy decisions made
over the past two years, on top of those made over the past
several decades, are having a large effect on the pace of
growth of the index,” said William Beach, who authored the
Heritage study.

The fact of the matter is that the United States continues
to be a welfare state and is sliding further and further
down this course.

For those that are footing the bill, it will only get
harder to protect your money from the the taxman.

Especially when it comes to their 401(k) or IRAs!

See what I mean in this short video.

IRA, 401(k)s, and other retirement accounts have many
strings attached. But what’s most shocking is the amount
of fines and taxes you may receive for not knowing all the
rules.

It’s truly a sad day when hard working families and
individuals lose funds they were counting on for later
years in life.

Ethan Kap


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Should they raise taxes?

In a recent interview with Time Magazine, Warren Buffett (the second richest man in America) said that the U.S. needs a tax system that favors people who were not born investors.

He said this in reasoning why wealthy people should pay a higher tax rate than the middle class.

The reason a lot of wealthy people pay a lower tax rate is because a lot of their income comes from investments rather than wages.

Tax rates have been kept lower on investment income in order to stimulate investing, which in turns helps stimulate and grow the economy.

Stimulating the economy is a good thing, so if we start taxing investment income at a higher rate it may just hurt everyone.

If you ask me, we need investments that favor people who were not born investors.

One of the major problems people that are not born investors have is all the bad advice that is constantly being given out as ‘conventional wisdom’.

Most of this ‘conventional wisdom’ will hurt you more than help you.

See what I mean in this 8 minute video

It explains why you should turn and run away from the same old tired commentary from “experts’ and TV personalities that is being passed off as financial advice.

Talk soon,

Ethan Kap

 

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Why Walmart is Loved and Hated

Wal-mart is loved and hated.

Their story is quite compelling, and sad at the same time.

Even worse is walking into a Wal-Mart and seeing John, a 69 year old grandfather, greeting people with a fake smile on his face.

John never thought he would end up there.

But he did.

In some ways it was his fault.

But in most ways, he was lied to.

By Washington, Wall St. and corrupt politicians.

They created a “system” to help you “secure” a retirement savings, but leaves most stranded.

When half of all households age 55 to 64 have less than $88,000 in retirement accounts (source: Federal Reserve Board 2004)…then something is clearly not working.

Sadly many are still holding on to the idea that it’s going to change…that 401(k), mutual funds, and qualified plans are the proven way…

Or holding on to the insane idea that social security is going to be around…

That plan has shattered and been exposed. In fact Time Magazine recently had these words right on the front cover: “Is it Time To Retire The 401(k)?”

If you want to keep holding on to a broken dream, then that’s your choice.

I want to stand on the winning side of all this.

I have taken my money out of their broken system and privatized my wealth.

I get sick and tired of seeing so many others taken advantage of.

That’s why Brett and I created Safe Money Millionaire, which gives you the proven path to grow your wealth safely…outside of their system.

Don’t become the next Wal-Mart greeter. Become a Safe Money Millionaire.

Learn more here…

Talk soon,

Ethan Kap

 

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Where Did the Jobs Go?

It’s a good bet that if you think about your friends, neighbours or extended family members that you know someone who is  out of work, looking for a job.

They may have been looking for a short time, or a long time.

Perhaps even a year or more.

If you have been out of work for any length of time you know that it’s not a very good feeling, starting out each day wondering  what to do next, trying to follow up every possible lead, feeling your chest beginning to get tight and your stomach churning.

In the traditional job market, opportunities can be hard to come by, but the surprising thing is that in non-traditional areas, opportunities abound.

In fact, the times when there are actually the most opportunities  is during periods of economic chaos.

(I think that this period most certainly qualifies as a time of economic chaos.)

So, what do I mean by non-traditional areas?

I mean situations in which you create your own job or your own business.

Not just working for someone else, but actually creating your  own employment doing something that you love to do and that you find enjoyable.

Now, some people think that you have to have some special talent or be a creative genius to have your own business or  work for yourself, but the truth of the matter is that pretty much anyone can do it.

Mainly because everyone has their own genius for something.

Everyone has something (or multiple things) that they are truly  passionate about.  Something that stirs the creative genius  inside and generates an extra energy within.

Maybe you had that passion when you were young, but you  had it sucked out of you when you were in school.

Our educational system is pretty good at stifling our own  creative outputs and sticking us into a box of conformity.

We all know the kid who loved reading or writing or drawing  who suddenly lost interest in it once they were being forced  to read or write or draw subjects that they cared nothing about.

When these interests are rekindled however, those past  passions can turn into a raging fire of personal genius and  ability.

And that is where the best opportunities lie. When you tap into that inner-genius, that every person has, you tap into  a tremendous source of power.

A source of power that not only gives you energy to  accomplish more than you thought possible but also a  creativity that opens your mind up and cuts through all  of the clutter of everyday life to give you a clear vision and direction.

Take a look at the middle of this page to see examples of how nine other people put this genius into action and created new opportunities in their own lives.

Once you have tapped into this inner-genius, stumbling blocks become stepping stones, the path becomes an  enjoyable journey and increasing your bank balance  happens as a natural result.

Talk soon,

Ethan& Brett

 

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Don’t Be a Walmart Greeter – How to Protect Your Assets

Transcript of Video

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Getting Out of Debt Through Smart Financial Decisions

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George Clooney, Dancing Girls and Economic Turmoil

With the continued economic ups and downs, even super-rich people like George Clooney are concerned about finding a safe place for investing.

In the January cover story of Esquire he stated that he’s been cautious…

“I didn’t put money in the stock market. To me that’s like Vegas without the dancing girls — none of the fun, no gambling or dancing or drinking — and you don’t get to participate.”

The one thing that is certain about this economy is that there will continue to be uncertainty.

And yet we continue to hear the same old tired commentary from so-called ‘experts’, ‘guru’s’ and TV personalities that we have heard for years.

Their job isn’t to make you wealthy… it’s to fill air time and sell advertising.

Their job is to crank out ‘microwave money’ content as fast as they can to keep their magazines filled with
articles or air time full of something to talk about.

There is a way to keep what is yours. There’s a way you can grow wealthy from your hard work–and keep your money safe at the same time.

Here is a video we made that talks about how to ‘Kill the Status Quo’.

It’s easier than you think.

Ethan


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