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We Don't Need More Politics, We Need Common Sense

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Manage episode 414131778 series 3287910
Content provided by Ferenc Toth. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ferenc Toth or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Our Federal Government has spent more than it receives for decades. This has become worse over time. We now have over $34 trillion in debt and the debt is increasing about $1 trillion every 100 days. This is unsustainable. We have tried deficit spending for decades. It has caused inflation, economic instability, and is a national security issue.

What if the government lived within its means? How about we try that for a while? That would be common sense.

I believe the excess spending will lead to financial chaos sooner than most people think. We are speeding towards a financial cliff. We need financial sanity. We need common sense.

I believe we are in for a chaotic year and a bumpy economic ride this year. It would be wise to protect your assets. Diversify. Reduce your risk. Reduce your tax liability. Increase returns safely. Increase liquidity to take advantage of future opportunities. When the government spends more than it receives, it has to sell bonds to off-set the currency. As long as the federal government continues to print money, bond interest rates will remain higher. Currently, there is no political will to reduce spending. The federal government's excess spending creates an opportunity. Insurance company dividends are highly interest rate sensitive. Dividends are expected to increase for the next 5-10 years. You earn dividends insured, guaranteed, tax-free and highly liquid. You can take advantage of the government's financial irresponsibility.

Contact Ferenc at YourPersonalBank.com or 866-268-4422 for more info.

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 414131778 series 3287910
Content provided by Ferenc Toth. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ferenc Toth or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Our Federal Government has spent more than it receives for decades. This has become worse over time. We now have over $34 trillion in debt and the debt is increasing about $1 trillion every 100 days. This is unsustainable. We have tried deficit spending for decades. It has caused inflation, economic instability, and is a national security issue.

What if the government lived within its means? How about we try that for a while? That would be common sense.

I believe the excess spending will lead to financial chaos sooner than most people think. We are speeding towards a financial cliff. We need financial sanity. We need common sense.

I believe we are in for a chaotic year and a bumpy economic ride this year. It would be wise to protect your assets. Diversify. Reduce your risk. Reduce your tax liability. Increase returns safely. Increase liquidity to take advantage of future opportunities. When the government spends more than it receives, it has to sell bonds to off-set the currency. As long as the federal government continues to print money, bond interest rates will remain higher. Currently, there is no political will to reduce spending. The federal government's excess spending creates an opportunity. Insurance company dividends are highly interest rate sensitive. Dividends are expected to increase for the next 5-10 years. You earn dividends insured, guaranteed, tax-free and highly liquid. You can take advantage of the government's financial irresponsibility.

Contact Ferenc at YourPersonalBank.com or 866-268-4422 for more info.

  continue reading

100 episodes

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