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Notes From Gordon: May I Please Offend You?
Zoom Tonight
Join me tonight (Sun 08/18) at 8:00PM ET on www.ZoomWithGordon.com to discuss the below.
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Dear Friends,
Today’s article could make the difference between being broke or being well off 10 years from now. It’s your choice. Please being reading!
Whopping Big Problem
Let ‘s begin here. Your entire world is likely priced in dollars, am I right? OK, so you’ve got a little gold or silver set aside. But most of your world—your budget, your savings, your retirement planning—is still priced in dollars.
Can you think of two (2) asset classes that are currently losing 12%-15% in value each year? Let me help you out…
1) Used cars
2) The dollar
Go ahead, click them both… I’ll wait.
Which means that just about everything you earn, save and own is losing value at 12-15% per year. Let’s stay “conservative” and go with 12%
Got a used wheelbarrow you don’t need? You can get $50 for it on Craigslist if you sell it today. Sell it a year from now and you can still get $50 for it. But that $50 will only buy you what $44 buys today.
So the one-year, future value of your $50 wheelbarrow is $44. Get it? What is the two-year future value of that wheelbarrow? $38.72. Got it now?
Now look around at everything you own. One year from now your home equity may be UP by 6%, but it will still be DOWN by 6% in real world value. Are you still with me?
I’ve been writing about this for years. So what have you done about this sad situation so far? Nothing? That’s OK… I still love you.
There are only two (2) ways to combat this financial cancer.
1) HEDGE: Shift enough of your electronic play money (dollars) into hard assets (rare coins are my choice) to offset the deterioration. There is a secret formula to do this. Yes, I have the formula, and happy to share it on our Sunday night meetups.
2) EARN: Generate enough additional income to compensate for dollar deterioration.
The entire economy is a giant, sinking (stinking) pool of quicksand. Here is how Google describes quicksand: “… pressure, sliminess, and a profound sensation of being stuck and gripped…”
Sounds about right to me. Your world is sinking 12% each year. Do you understand this? Seriously, do you?
I’m not trying to offend the reader here. They say that the way to get a mule’s attention is to hit it between the ears with a 2x4 (I am NOT advocating animal cruelty … it’s a joke, OK?).
How does one get the attention of an American taxpayer? I certainly can’t hit you between the ears with a 2X4. Some of you would require a 2X6. Ha!
Solutions
1) Hard Assets
I can show you exactly how many dollars to move into my #1 choice in hard assets—rare coins (numismatics)—which appreciated by a whopping 22% last year alone.
2) Additional Income
I have two (2) home business opportunities to generate additional income from home while sitting cross-legged on your bed with a laptop and keeping your cat from walking across the keyboard.
Note: I can briefly outline these home-based businesses, however I am NOT going to use our Sunday night meetings to promote them. You’ll have to beg me to give you a complete presentation in private.
In Closing
There are solutions to the dying dollar. And if you think it’s dying now, just wait a few years when they have to move Andrew Jackson to the $1 bill.
Cheers,
Gordon
P.S. RISE has risen again. Yeah, I know, we’ve been here before. But this time it’s a permanent addition to my remaining mortal existence. I’m trying out some new mottos. How about these:
For the timid: RISE To The Occasion!
For lazy teenagers: RISE And Shine!
For motivation: RISE a Little Higher!
For old men: Get It Up For RISE!