Money Update. READ this important financial update! 9 13 2013

Will war be on the menu again?

 

Marc’s Notes:

The long awaited Twitter IPO is coming. It will be a few months but investors will soon be able to invest in the world’s most noisy bird and public media source. No doubt Mom and Pops everywhere will scramble to get a piece of the action. Wall Street has a pretty good record in extracting its pound of flesh from Ma and Pa on these super hyped up stock offerings.

Only favored Wall Street firms and high rolling investors will get the initial stock offering and most likely make oodles of money on the day it comes out. Mom and pop however will be left to fight over the scraps in the melee of the first few days in the public markets and I’m sure price action will be fast and furious.

The stock is said to be valued around 10 billion and not since Facebook has there been such a high profile offering.

I myself did not buy Facebook and in fact warned investors not to weeks before it came out. I simply cannot recommend a stock with such obvious attention from all and know when mom and pop are scrambling to buy, the insiders on Wall Street are scrambling to sell.

Facebook of course flopped miserably and although I have no idea what Twitter will do when it is priced up and finally hits the market, my general take on these types of stock offerings is to stay well away.  The old saying on Wall Street is to sell when everyone is buying and buy when everyone is selling. You get a better price that way and when Twitter comes public, I suspect everybody (and some) will be on the buy side of the equation.

Fall will soon be upon us and I look forward to the leaves falling and creating a colorful mosaic around us. The markets may also fall to as they often do this time of year. Many market moving events are scheduled to either take place or be up for discussion.

Syria is a hot topic and any news there could move not only the oil markets but the markets in general. The sequester cuts are ongoing and they will mesh with the budget ceiling debate as we reach another deadline soon. The US will not default of course but the posturing by you know who (again) will be sickening to watch (again).

I suspect another bout of wrangling and in the end another can kick with another temporary patch. Nothing will be resolved. The US has a date with destiny. A currency crisis awaits because no one has the political will to address our fiscal woes. Doing so would spell political suicide so economic suicide by monetary excess will be the way we go. We won’t stop until we are forced to.

Obama is rumored to appoint Larry Summers to replace retiring Fed Chief Ben Bernanke. My recent news piece on Summers details his resume. He is a Washington boomerang and has been around for decades. Whether Summers is confirmed or not or someone else takes the post, little will change when it comes to Fed policy. The US is addicted to Federal Reserve money printing and any cut back will cause the economy and the markets to tailspin. If the routs intensify, the Feds will be back at the money machines turning the screws and once again shower the world with more paper confetti called US greenbacks.

Speaking of cutbacks, the tapering of the Feds money printing programs is also on the schedule. From 85 billion dollars a month to something less so they say. Again I reiterate I highly doubt the economy nor the markets can tolerate any reduction of meaning. We are simply too fragile. Just the mention of tapering sent the markets into a free fall a few months back. I have always said “it won’t be enough” meaning no amount of printing can go on forever and it will never be enough to solve our problems. The issue is too much debt and each dollar they create adds to that figure. You cannot solve a debt problem by creating more debt.

As for now, sit tight and watch the fall fireworks. With Washington returning from vacation and so much to discuss, I guarantee the markets are going to start to get real volatile very soon.

As for you, cash is king, but cash yields nothing so pony up to our latest recommendation!

The Safe Market CD.

I bought one for my family and I think this CD should be considered by anyone with over $1,500.00 they can afford to tie up for 5 years. The deadline was extended due to all the demand. Apparently so many people agreed with me on the timeliness and advantages of this CD the demand was overwhelming so they extended the deadline another 2 weeks.

Don’t miss out this time around as it has been a few years since the last one was offered and it may be another long spell if you miss this one!

The application form is a bit confusing but stick with it. If you get a page that won’t forward to the next you may have to use TWO WORDS somewhere or sometimes redo the form. It may even crash but call Everbank to walk you through completion of the application if you get reoccurring problems but do not close the application. It will only delay the process!

You will get thru it so keep at it!

Here is how it works:

  1. No risk of principal. You will at the minimum get all your money back as it is FDIC INSURED.
  2. It has a 5 years tie up with no interest. (Matures September 18th, 2018
  3. It is tied to 4 currencies: Columbia, India, Mexico and Turkey.
  4. If the market performance is greater than 0 %, you get 15 % !
  5. If the market performance is less than 0%, you get all your money back.
  6. You also get 100% of the upside so your profit potential is essentially unlimited!
  7. No fees.

Since we are hedging against a US dollar fall, this CD is an option and the only vehicle I know where I may possibly protect against inflation yet risk nothing and we could make a ton!

No risk and major upside potential. That is a steal of a deal in my opinion and I am buying one immediately for my family.

Here is the link so you get the correct product. Make sure you buy the right one and read the prospectus before you buy anything but I think you are going to LOVE THIS CD. Remember they don’t come around very often and I get listeners and readers all the time saying they were sorry they missed a Money Matters recommended product.

Don’t miss out this time!

Use the below link to get the MarketSafe CD:

http://adfarm.mediaplex.com/ad/ck/13305-85986-43235-5?referid=13286