It’s In God’s Hands Now
The Prism Daily
From David Taylor and Gordon Philips, the Forex Brothers. Your ‘One-A-Day’ financial news-tritional supplement, including trace elements of economic analysis that every healthy investor needs. Addresses a wide variety of monetary afflictions, from vacillation to impecunity. Specially formulated to go down easy! WARNING: Side effects may include elevated cognition and bouts of epiphany. If symptoms persist, unplug cable TV.
Today’s Market MRI: State and Local Pension Plans Underfunded by Half
The New American Reports: “The latest report from the nonpartisan Center for Retirement Research (CRR) at Boston College was brutal in its assessment of the status of state and local pension plans and their ability to keep their promises to their beneficiaries and retirees… when those plans are adjusted for the real world, where interest rates are at historic lows, those plans are under funded by 50 percent.”
Prism Responds: Under funded by half? A quarter we could understand, even a third, maybe even 5/12ths. But under funded by a half? How could something like this happen? How do you miss the mark by 50%? That would be like NASA trying to send men to the moon and landing them in a Nevada studio instead.
All we can say, Dear Reader, is that there are going to be a lot of angry seniors out there in years to come when they discover that their pensions are not going to carry them into retirement. We can see them now, gathering in Washington, D.C. for a million-retiree protest to burn their AARP membership cards.
It’s important to keep in mind that the only retirement plan you will ever be able to count is the one you put together yourself.
– Pensions? Sorry, they’re under funded.
– Social Security? Sorry, it may not survive.
– Stock market investments? Sorry, the market could go way down from here.
So what do you do? Get proactive! Identify high-performance strategies with the exponential potential to magnify modest sums to highly immodest sums over time – in particular, in time to retire on.
Of course, we’d be more than happy to help you in this department. Just ask!
‘It’s In God’s Hands Now’
Your retirement portfolio has just undergone major surgery to remove a large financial tumor that’s been eating away at your net worth (Facebook, perhaps?). The doctor comes into the waiting room looking suspiciously like your last financial planner (the one you fired right after the crash) and says, ‘We’re sorry, but we did everything we could. It’s in God’s hands now.”
Is that how you feel today, Dear Reader? That your future financial fate depends on your faith in the system? We would kindly remind you that God helps those who help themselves. Maybe it’s time to get in touch with your inner investor and summon up the strength to believe in… yourself!
And our Prism Presidential Package could be just what the doctor ordered. A nice 3% per month (36% per year) could DOUBLE your money every two years. How long do you think it will take the stock market to double from here? (yawn) Will any of us live that long?
Just a $2,500 minimum account to get started and your first billing period is FREE. As for the excitement you’ll feel watching mathematics at work growing fresh equity for you out of thin air – priceless.
Miss An Open House?
Got nothing better to do this Tuesday night than sit there in the dark, fretting about the prime rate? Why not join Gordon on our next fun and informative Open House and learn a thing or to about what’s really going on. The information is always FREE… all you have to do is bring your own container. To learn more visit our Open House page where you’ll also find recorded videos of exciting past sessions.
And May All Your Investments Be Profitable,
‘Better Investing Through Science’
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