With all of the bullshit and scare tactics being slung by every Tom – Dick – Harry these days, we don’t know what to believe.
I got this alert from my cousin, the West Coast Kid AC and though I would pass it on. It may apply to some of the TGG readers.
|BREAKING NEWS: Dodd-Frank Act provides banks legal provisions to confiscate YOUR retirement savings to protect themselves during the next financial crisis.If you’re not taking steps right now to protect yourself from the “bail-ins” put into place by the Dodd-Frank Act that allow banks to legally confiscate your retirement savings, then you could be more at-risk than ever before.|
Request your FREE SPECIAL REPORTS to find out if your retirement savings are at risk, and what you can do to protect them.Look, we’re not going to keep beating the old “the stock market crash is coming” horse to death.We don’t need to…
You already saw & experienced what happened in March.March 16th’s crash was so bad, that it took 1st place on the list of the worst 1 day crashes in history, even beating out the great crash of 1929!And don’t get too comfortable thinking this is over either…
Financial experts and news outlets like Harry Dent & Market Watch say that we should expect another crash sometime between August & October of this year.But this one is likely to be EVEN WORSE! Hard to believe when in total March (as well as a day in February and April) took 8 out the top 10 spots on the list of the biggest one day point drops EVER.But if (or more likely when) we see this next stock market crash later this year, you may be in for a rude awakening.
After the 2008 stock market crash, the government began bailing out the banks and corporations.And they did it through increasing the taxes of average Americans like you and I… without our permission.Even though we didn’t like it, we still had some control of our own money.During the next financial crisis, the banks could come straight into your savings & retirement accounts to confiscate your hard-earned dollars, and it’s all going to be 100% legal because of the Dodd-Frank Act.And if certain conditions are met… You will have absolutely no control.Zero. Zilch. Nada.
If the banks confiscated your money could you still retire?Would you be able to start over this close to retirement?If the answer is no, then you need to put a plan together, and fast.But you need to keep reading, because it gets worse.Much worse…
Because of new Money Market Reform rules, you may not even be able to withdraw what little money you may have left in your savings, or retirement accounts.If invoked, these new Money Market Reform rules:Allow banks to temporarily freeze withdrawals for whatever time period they deem appropriate on certain investment types you could have in your retirement accounts right now….!
Even if you have $100,000 in one of your accounts, you could be completely blocked from accessing it. At the time when you need it most..That way the banks can continue to hold (and use) your money on THEIR terms.Not only are these despicable practices legal, they make sure that we as consumers and citizens are always under the control of banks and government regulations.And if you have $250,000 or more in a retirement or savings account, you could be one of the first in line to have your money frozen…
Unless you take action right now! Because by the time you DO see the warning signs of the next stock market collapse, it’s already too late. And you, like many Americans after the 2008 crash, may need to postpone your retirement, or even worse, come out of retirement and take a job at Walmart making minimum wage.Imagine having to work for the next 10 years just to be able to:Pay your mortgage Buy groceries Pay for your already over-priced medications…and don’t even think about traveling.You’ll have to cancel those plans right away, and pray that you’ve got refundable tickets and reservations.
If you have $100,000 or more in your IRA, 401(k), Pension, TSP or savings account there are investment options that can help you protect your retirement savings.
Is this believable and should be taken seriously?? That is up to the individual reader. It is so unfortunate that we do not know who to trust. I guess the answer is; NO BODY!!