At Wealthononomics we discuss a lot of topics, but the one that everyone is extremely familiar with is government spending. We hear about it all the time on the tv, radio, etc. When we talk about our debt, we talk about trillions of dollars, but to most, a trillion dollars is nothing more than a [...]

Continue Reading

I recently received an email in which our national debt was broken down to a level that really hits home. Here is how it went. • U.S. Tax revenue: $2,170,000,000,000 • Fed budget: $3,820,000,000,000 • New debt: $ 1,650,000,000,000 • National debt: $14,271,000,000,000 • Recent budget cuts: $ 38,500,000,000 Let’s now remove 8 zeros and [...]

Continue Reading

IRA Alternatives

On December 13, 2011 By

If you are like millions of Americans you are working hard to save money for retirement in an IRA, 401(K) or other government sponsored plan. I would also imagine that you are sick and tired of watching your hard earned money disappear before your eyes. So what is the alternative? You may have been told [...]

Continue Reading

Wealth Creation

On December 5, 2011 By

As advisors we are regularly asked about the best solutions to financial crisis. There are many different ways to prepare for these threats–such as hyperinflation, devaluation of the dollar, major market collapse, etc.–and want to provide you with some possible solutions that may be helpful as well as show how infinite banking can [...]

Continue Reading

Over the past few years it’s become painfully obvious that an overwhelming majority of retirees don’t have enough money saved to sustain their lifestyle. In the below infographic you’ll find some shocking facts that, for those still in their working years, provide valuable lessons on what not to do.  A couple to point out:
[...]

Continue Reading

Have you ever heard of the term “group think”? A group think experiment was done that demonstrated our natural instict to conform with the crowd. Do you remember the old show “Candid Camera.” It started back in 1948. I want to share a little [...]

Continue Reading

Is the Market the Answer?

On September 15, 2011 By

“October. This is one of the peculiarly dangerous months to speculate in. The others are July, January, September, April, November, May, March, June, December, August, and February.”

-Mark Twain

Though funny, this is necessarily true. What’s funny is where does “the market” end. It doesn’t seem to, now with Brazilian, Chinese, Japanese, and many more [...]

Continue Reading