Building True Wealth One Level at a Time
People all over the country are using our Five Levels to finally break free financially…
What Jerry Thinks: It’s Time to Overhaul the U.S. Postal Service
“The USPS is bleeding — losing $3.2 billion in the second quarter of fiscal year 2012 — and its problems require immediate Congressional action.”
Weekly Conference Call – Economic Update + Asset Protection 101
Here’s our latest weekly conference call. It begins with a major economic update along with a few stocks that we are watching. In the last half, I break down the basics of Asset Protection according to our Five Levels of Financial Freedom. There’s some great information in this 45 minute call. Enjoy!
Heatwave Hammers Corn Production, Prices Rise
Corn production is expected to reach its lowest level since 1988, driving prices up by 40% recently.
The Top 10 Buyer and Seller Markets in Housing
Here’s a quick chart detailing the top 10 buyers markets and sellers markets in U.S. housing.
New Executive Order Increases Presidential ‘Control’ Over Communications During a ‘Crisis’
The slope is getting more slippery as the noose tightens…
Gold member Update – Central Banks Lead the Way + Stocks to Watch
The central banks are moving in unison. Here’s the latest and 3 stocks to watch.
How High Will Silver Go?
So just how high will silver go in 2012 and 2013? Here’s our brief silver report. Topics include the coming silver shortage and a brand new interview with Tom Cloud on the basics of investing in silver.
Calculator: How Will Obamacare Impact You and Your Finances?
What does the Supreme Court’s Ruling on ObamaCare mean for you? Find out here.
Gold member Exclusive: Tom Cloud’s New Precious Metals Podcast
Several months ago, Tom Cloud and I began discussing the possibility of him setting up his own podcast so that he could keep our FTM Insiders updated on the latest news affecting precious metals.
Today, we are proud to announce that Tom has released his very first podcast. It is a brief 5 minute podcast. Feel free to provide us any feedback. Click here to listen.
10 Steps To Starting An Online Business
On this week’s program, Jerry Robinson opens up about his latest online business and shows you a case study of how to be successful in creating extra income on the web. If you are looking to start an online business, or if you have an online business, you won’t want to miss this information!
The Fed Extends Operation Twist – Read the FOMC Statement
The Fed announced today that it was extending its Operation Twist. So what’s next and what should investors be doing now?
‘Drachmageddon’ Averted… But No Surprise
Believe it or not, Greece actually wants to stay within the Eurozone. ‘Drachamageddon’ has been averted… but it should be no surprise.
Six Reasons Why Businesses Fail
On this week’s program, business owner Jerry Robinson explains six reasons why businesses fail and gives success tips for small businesses.
The State of Retirement In The United States
On this week’s program, Jerry Robinson, along with co-host Jennifer Robinson, discuss the state of retirement and how to retire early.
Weekly Conference Call – 6/6/12
We have pre-recorded today’s conference call since we will be on a airplane coming back from St. Simons Island today during our regularly scheduled conference call time. Click below to listen now.
[MM_Access_Decision access='true'][/MM_Access_Decision] [MM_Access_Decision access='false'][box]You are attempting to view premium content for subscribers only. If you are a subscriber, log in here. If you are not currently subscribed, you can learn more here.[/box][/MM_Access_Decision]
Swing Trading Update – 6/4/12
Here are some of the swing trading ideas that are on our radar this week…
[MM_Access_Decision access='true']GDXJ (Market Vectors Junior Gold Mining Shares ETF) - The gold miners are rising and GDXJ offers an interesting way to get exposure to the entire sector. GDXJ recently broke through its 10 day moving average. After testing its 10 day, it is now attempting to break out above its 30 day moving average.
Two potential entry points:
1) A bounce off of the 10 day moving average (would place stop 2% below entry price.)
2) A break through of the 30 day moving average (would place stop 2% below entry price.)
SLW (Silver Wheaton) - Silver Wheaton is getting attractive again to traders. A major buying signal will be a cross of the 10 day simple moving average over the 30 day exponential average. We are watching closely.
[/MM_Access_Decision]
[MM_Access_Decision access='false'][box]You are attempting to view premium content for subscribers only. If you are a subscriber, log in here. If you are not currently subscribed, you can learn more here.[/box][/MM_Access_Decision]
Surviving the Crisis in Euroland: What You Should Know
Here’s five stock ideas for profiting from the endless Euro crisis. It is not too late to profit from the turmoil.
Weekly Conference Call – 5/30/12
On this week’s conference call, Jerry discusses his thoughts on the Euro, oil, gold prices, housing, and which precious metal may be getting ready to soar… Plus, we take your questions live.
[MM_Access_Decision access='true']Click here to view the play button.
[/MM_Access_Decision] [MM_Access_Decision access='false'][box]You are attempting to view premium content for subscribers only. If you are a subscriber, log in here. If you are not currently subscribed, you can learn more here.[/box][/MM_Access_Decision]
Can You Afford to Retire?
On this week’s program, Jerry and Jennifer Robinson discuss six major roadblocks to retirement today along with some tips and advice
What Are Your Financial Goals?
By Jerry Robinson | FTMDaily.com Editor-in-Chief
It has been a rough ride in the global economy as of late. If you are an investor, you know that great financial perils exist right now… but so do great opportunities. It is this ability to recognize those opportunities that separate those who are financially successful from those who are not.
Most of the financially successful people I know are doing extremely well right now. Many of them have confided in me that the last two or three years have been some of their best years ever. I would have to agree.
To understand why, consider that my definition of financial success is our Five Levels of Financial Freedom. Sure, not every successful person that I know has used our wealth building system. However, their financial lives are structured very similarly to those who have.
One common trait that nearly all financially successful people share is that they have a well diversified investment portfolio with exposure to several different asset classes, including stocks, real estate, and precious metals. Instead of getting hung up on which financial product to buy, they focus on their overall financial goals, which then leads to the creation of a financial strategy.
This really is a major difference that sets the wealthy apart. Unfortunately, most people do this backwards. They listen to the financial media and think in terms of which financial product is “best.” This is the typical approach to financial planning by most Americans.
In contrast, the wealthy person asks “What are my financial goals?” Then they create a financial strategy to meet those goals. The financial products they buy are determined by their financial strategy.
When I speak around the country, I am often asked by the audience where they should put their money. That’s the wrong question. That’s the question that will lead you to the poor house. The right question is: “What are my financial goals?” Until you can answer that question, you cannot create a solid financial strategy. And until you have a financial strategy, you cannot possibly know where to put your money.
Once after speaking at a conference in Washington, a woman who was in her 60’s came up to me to ask where I thought she should put her money. When I asked what her financial goals were, she replied, “My nest egg is all I have and I just don’t want to lose it. I want to receive an ongoing income from my investments without having to worry if I will outlive it.”
When I asked her if she had ever considered an annuity, she cringed and said, “Oh no. I hear those are bad.”
“Who says that annuities are bad?“, I asked. Her reply was telling. “That’s what I have heard on the radio,” she stated. I asked her if she always did her financial planning on AM radio. She chuckled and then continued to ask if I knew anything about an exotic currency (the Iraqi currency) and whether it was a “good” investment!
Bless this woman’s heart. Friends, this is exactly how the poor stay poor. They actually believe that the way to wealth is by picking the right financial products. Those who are wealthy, however, think strategy first, and products second.
Now I do not know if an annuity would have been right for her. That would have to be determined by her and her trusted financial advisor. But I can tell you that based upon her stated goals of creating a lifetime income stream from her nest egg, it should have at least been a consideration.
To further illustrate this point, consider this: I am a decent golfer and have a nice set of golf clubs. However, put me on the golf course with Tiger Woods and it does not matter how nice my clubs are. I could have the most expensive set of clubs on the planet and he could have the cheapest. It would not matter. Why? Because Tiger’s power is in his “swing”, not in his golf club. Its strategy, not product, that the wealthy consider first.
Your takeaway: Stop listening to the financial product pushers and instead focus on writing down your financial goals. Then, create a financial strategy for achieving those goals. Finally, consider which financial product would be best for reaching your goals. Don’t fall for the simple thinking that some products are good and some are bad. When you think this way, you fall into the financial salesman’s trap. Instead, some financial products are right for your particular goals while some are not right for your specific goals.
The Best of FTMWeekly Radio
On this week’s program, we bring you the best of FTMWeekly Radio from the past year. But first, our good friend and Precious Metals Advisor, Tom Cloud, gives his insights on the prices of gold, silver, and palladium in this week’s Precious Metals Market Update.
How To Create A Lifetime Income In Retirement
Are you tired of the volatility? On this week’s show, we discuss how to create a lifetime income stream in retirement with a fixed annuity.
A Strategy to Increase Your Investment Returns
Are mediocre investment returns a bigger danger than an economic collapse? On this week’s show, we provide a strategy to increase your investment returns in stocks.
Why You Can’t Rely On Social Security For Retirement
On this week’s program Jerry Robinson and co-host Jennifer Robinson talk about why you can’t rely on Social Security for retirement and the new 2033 Crisis.
Why Diamonds May Be The Ultimate Crisis Investment
On this week’s program, Jerry Robinson and Tom Cloud discuss diamond investing at length. The possibility of a new diamond-backed ETF could signal a great buying opportunity. Also, the demand and supply conditions are lining up to make 2012 a tremendous year for diamond prices. Here to weigh in is veteran precious metals advisor, and diamond expert, Tom Cloud.
The Case for Investing in Natural Gas
With prices currently below $2 and demand growing, U.S. natural gas prices will eventually stabilize at a much higher equilibrium price.
Apple, Google, and the New Tech Boom
Like most financial newsletters, we get a lot of questions about stocks like Apple (Ticker: AAPL) and Google (Ticker: GOOG). And for good reason. Shares of these two companies have been red-hot recently, making a lot of money for many investors.
Thoughts on Warren Buffett’s Recent European Shopping Spree
Here’s what you need to know about Warren’s Buffett’s recent shopping spree in Europe. The eight European stocks that Warren Buffett bought are…
What’s Worse… A Slowdown in China, or More of the Same?
If China’s consumption rate of commodities continues growing at the same rate that it has for the last 10 years, this is what 2020 would look like…
Bankrupting America: The Latest Shocking Numbers
Here’s a round up of the some of the latest shocking numbers detailing the continuing bankruptcy of our nation.
Is The Time Right For The Fed To Begin QE3?
Now that the giddy effects caused by two enormous rounds of Quantitative Easing and an Operation Twist are starting to wear off for the credit-addicted Wall Street crowd, the question on every investors mind is: When will the Fed announce QE3?
Politicians Who Can Add…
The suddenly cost-conscious (read: election year) Republicans on the Senate Budget Committee recently whipped out their calculators to compare the debt levels in the Eurozone to the current U.S. national debt.
Why 2012 May Be the Best Time to Invest in Natural Gas
As the price of natural gas has been beaten down to under $2 this year, host Jerry Robinson sees this commodity going up in response to growing demand and decreasing supply. Jerry shares his analysis, as well as provides 5 long-term investment ideas for profiting from the eventual rise in natural gas.
Is A New Global Gold Standard Coming?
Is the world moving closer towards a new gold standard? Tom Cloud, Precious Metals Advisor, has the answer to this question, as well as the latest updates on gold, silver, and palladium in this week’s Precious Metals Market Update.
Our Favorite Precious Metals and Commodity Investments for 2012
Host Jerry names some of his favorite precious metals, agriculture, commodity, and energy stocks on this week’s show. Special guest: Bill Fleckenstein.
Red and Blue and Broke All Over: Restoring America’s Free Economy
Host Jerry Robinson welcomes author, Charles Goyette. Goyette discusses his latest book Red and Blue and Broke All Over.
How the Student Loan Crisis is Changing My Real Estate Investment Strategy
With over $1 trillion in student loan debt how should you change your real estate investment strategy? Here’s how it is changing ours.