Brought to you by your friends at The Venture Resource Group
Is that a fair question?
Have you thought about it?
Unless you are held captive in a cave or terrorist cell in the Punjab somewhere, you know how the world's credit and financial crisis is widening.
Large retail banks are failing, investment banks like Bear Sterns and Lehman Brothers have nearly gone out of business with Merrill Lynch needing a merger to stay afloat is shaking the very foundations of Wall Street and there is now talk of a Global Economic Meltdown .
International banks like the huge Swiss UBS the world's largest wealth manager, having written down $37 billion in assets, forcing it to ask investors for emergency cash twice in two months. is showing no signs of emerging from its crisis, activist shareholder and former CEO Luqman Arnold said on Sunday. "
I still cannot see any light at the end of the tunnel for UBS," Arnold said in an interview with Swiss daily NZZ.
The French
Societe General and many others have taken huge write downs on their books and sought outside investor capital to keep them solvent.
Fannie Mae and Freddie Mac, the backbones of the mortgage industry have been nationalized by the US government to keep them afloat and we are only just beginning to feel the advanced winds of this global storm.
Major mutual funds with vast holdings in the stocks of these companies and others are suffering with big losses and we're seeing now the ripple effect with a crisis in Mutual Funds
Even before the current credit crisis, pension plans were under siege and having a crisis on their own from corporate raiders, widening deficits, inflation, dollar devaluation and the like.
Be sure to read what 'Working Life' has to say about the Pension Crisis going all the way back to 2002, long before these retirement plans started taking serious hits from the losses in the markets.
Credit is tightening, buyers are harder to find, home equity is declining and trillions in net asset value is disappearing from the books around the world. This is creating a mindset which is slowing down economic growth as we see now from the declining price in oil and the world is on the verge of...?
Heck, some folks are now worrying about their own job and income andtheir ability to survive and the retirement plan is an afterthought!!
One of our members who has a decent tax qualified retirement plan said they've lost over $80,000 just so far this year. Sound familiar ?
So again....where is your retirement going ? Out the window like so many others? Or is it taking another route, maybe 'down the tube'?
Where do you go when the pillars of the financial industry are crumbling and their survival is `day to day' ?
Do you continue to follow the conventional wisdom and leap with all of the other lemmings being led by their 'professional advisors' with mass media complicity and the
`group think syndrome' as they jump right over the edge in blissful ignorance ?
Maybe you aren't completely up to speed on the gravity of the situation. Or maybe you're dismissing this communication as just another `gloom and doom' message to capitalize on the situation with `economic opportunism'.
======= >>> Now, let's talk solutions..... << =======
Compare the current panic in the streets which is created by`conventional wisdom' and those who would follow it blindly, to the following:
Members of VRGroup know where to invest in the hottest international real estate markets that are growing, and not a little either.
Some members have seen a 200% gain in property value in the last 3 years.
And with capital flight from the adversely affected markets of the world coming in by the planeload, the market is getting even `hotter'!
Members of VRGroup, just last month, saw one of our skilled trading groups generate another double digit gain last month! That's right, more than 10% just last month!
Members of VR Group are learning how to take control over their tax qualified retirement plans (IRAs, 401ks, etc.) without taxes or penalties, under the guidance of an experienced international, USA based attorney and revive and resuscitate their retirement plans which can be put on a fast track and given a `reason to live'!
Members of VR Group are learning how to trade the markets and make money in any economic conditions, good or bad, regardless of the news, or more to the point, they are making money `because' of the news !
Members of VR Group were given some analysis on one particular stock a couple weeks ago. Within 5 trading days of the notice, the stock was up over 50% !
So really.... Where is your retirement going ?
It'll go exactly where you direct it to go.
Make good choices. The first one should be to `break away from the herd' and start `thinking out of the box' and on your own!
If you're not seeing your nest egg grow at least 20% to 30% a year, you need to fire your advisor !
Go here and learn where to find the complete set of choices available that will have real meaning for you.
See Flash VRGroup presentation
