The seed of my investment success was planted on November 22, 1963. I was participating in our first grade reading circle when it was announced President Kennedy had been murdered. Being a Friday afternoon, school was cancelled and I went home to a weekend filled with weeping adults, shaking their heads, transfixed on the television. Even then, at age 6, something felt drastically wrong.
Six years later, I read “Rush to Judgment,” the first of hundreds of books that challenged the government’s version of the assassination. Since then, I have invested thousands of hours researching and studying that event. It destroyed my trust in authorities and “experts” forever.
I continue to be amazed that mainstream media still spouts the official story which is such an obvious lie. Becoming my own JFK assassination expert taught me that people in suits, on national television, can look very authoritative and confident while speaking total and complete nonsense. I’ve been a contrarian ever since.
The same scenario is happening today concerning the state of the economy and your retirement. Television financial “experts” tell us the economy is fine and the only way to retire is to work decades while sending a chunk of our hard-earned money to “experts” who will “invest” it in digital and paper accounts. My 10,000 hours of research tells me the exact opposite.
These “experts” promise that if we give them enough real money, over enough years, at age 65, we’ll be able to stop working and live off our nest egg. They never mention that returns on our investments are so low now that even the people who followed their advice for decades still can’t retire.
Even worse, our “nest egg” doesn’t even really exist! It’s just an official-looking piece of paper that says we have so much money in these accounts. None of that is real money until we start drawing it out. And if we start drawing it out before we’re 59 1/2 years old, there are big penalties.
If our money in these accounts is actually real, and actually ours, why are there rules preventing us from spending it for decades? They don’t want us withdrawing that money because they already spent it paying themselves fees for purchasing over-priced and over-leveraged paper and digital “investments” to get us a decent “return.” If just 3% withdraw their money, there won’t be enough liquidity left for us.
Now consider the biggest population bubble in US history is reaching retirement age at a pace of about 10,000 people a DAY. That’s a lot of withdrawals occurring RIGHT NOW. A massive financial “reset” is a certainty. The only question is when. In the meantime, the purchasing power of your investments is melting about 17% per year (ShadowStats.com).
Groups always go insane before individuals. Failing to realize this is going to cost millions their retirement savings. It’s a spectacular tragedy that is unfolding right now. But it doesn’t have to happen to you. You can become your own financial expert. And you MUST. It’s the only way to protect your life savings.
Fortunately, there IS a way to protect yourself from low returns, high inflation, unfair taxes and liquidity risks. This brilliant alternative can also provide financial and time freedom within 12 months no matter how much money you have right now.
Haven't heard of such a thing?
Maybe it's time you became a contrarian too.
Mike Johnson made the journey from jobs to freelance writer to entrepreneur to passive income and early retirement. Today he teaches people how to skip right to passive income and early retirement at WorldsBestWriter.com .
Once I learned how to BUY passive income, I stopped chasing the bucks and the bucks started chasing me!