July 4, 2008

Independence Day Red White and Blues.

Posted in: Uncategorized — JoeMoneyMatters @ 6:15 am

Did you her about the June market numbers?

The worst June since 1930.

2 times since January we lost 1000 points in less than a week.

The worst 6 months in 40 years.

How are your Mutual funds doing?

Oil prices skyrocketing, causing food and almost everything to skyrocket in price.

No good news on the horizon anywhere.

Cost of living going up like an express elevator ,but income’s creeping up at less than inflation.

China is using an exponentially greater percentage of the worlds supply of oil
everyday as they go into an industrial revolution unlike the world has ever seen.

The average family continues to use credit to purchase consumables like food and gas at an alarming rate. 135% of discretionary spending is credit card purchases.

With NO CASH RESERVE where is that going to end?

Housing, thought to begin a rebound by 2008 is now, according to the Wall Street Journal expected to plummet for at least 2 more years.

With the Family home( The greatest investment most families will ever make) loosing value (Now about 20% average) and expected to continue, where will it all end?

I have always been a optimist. However with the current financial perspective we are preparing for an economic disaster of Biblical proportions.

Paying off all debt however you can. Storing non perishable food items.

GET OUT OF THE STOCK MARKET NOW! I cannot say this anymore emphatically. You WILL Loose the vast majority of your investment dollars and retirement dollars if you stay in.

This could be the last independence day you celebrate in long time if our predictions manifest.

Independence is dependent on having the ability to do the things you are free to do. If you re broke and desperate financially you have NO INDEPENDENCE!!! NO FREEDOM!!! YOU ARE A SLAVE!!!

Please heed this warning! We have been doing historical research to compare other times in history where economic conditions like these were present for many yers and the picture is GRIM.

History repeats itself and the crash of 1929 was nothing compared to what we will go through this time.

Don’t give up, don’t give in, there is time, if you act now to put yourself in a position where you will come out on top.

This is not a Republican or Democrat thing, this is a National thing.

I want to see you on the other side of this looming disaster, healthy and able to make a difference in the lives of others.

The People of this wonderful Nation are able to overcome insurmountable problems when they put their mind to it.

Remember this. There is NO Substitute for preparation and practice if you want to win.

If you want more specifics on how to prepare for what is to come write me at dkirk@ forwardfinancialgroup.com or comment below on this blog.

Have a well prepared Independence day.

Thank God for Our troops and there precious families around the world.

Father God, keep them all safe. AMEN.



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