"Beware of Dangerous Investment Advice" - New Show this Thursday! Newsletter update today! DATE 9 15 2013

 

Turkey Matters, our Food Bank program is coming! Stay tuned!

 

Marc's Notes:

A plethora of news hit the news wires this week but none failed to move the markets much but up a few points.

Mortgage applications fell to a 5 year low as interest rates continued to rise. This rise in rates I forecasted long ago and said it would slow if not put a halt to the latest housing price increases and putting a halt to it is exactly what looks like is going happen. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, sank 13.5 percent in the week ended September 6.That puts the index at its lowest since November 2008 and the depths of the financial crisis! Wow!

Meanwhile Verizon plans on making the most of record low loan rates which are driven there by the Federal Reserve. Verizon wants to borrow about 49 billion, an eye-popping record of a bond sale for sure. Verizon sees the writing on the wall as interest rates rise and want to get to borrowing their money before rates rise even more.

Apple computer unveiled its newest version of a new I PHONE and also reduced its price on previous models, giving away I PHONE 4s and dropping the price on the older I PHONE 5.  The markets didn’t like it much as Apple lost a cool 6 % or so the day after the unveiling

The price of commodities surged with coffee, cocoa and gasoline prices also rising in response to international news. Supply issues pushed the beans higher and Syrian tensions aren’t helping oil products.

While on the subject of Syria, the Ruskies stepped in and offered to handle things so Obama waived off the bombs for now. With the possibility of a peaceful solution, oil backed off a bit. Only time will tell if the deal between Russia and Syria on their chemical weapons is for real. Sometimes these things have a habit of falling apart, especially when 2 untrustworthy regimes such as Russia and Syria get together in the same closet and try and hoodwink the rest of the world with some deal with a bunch of hidden clauses the rest of us probably wont see.

Money Matters airs this Thursday and is entitled: “Beware of dangerous investment advice”. This show will detail how investment advisors, firms and even your favorite radio shows offer up outdated and downright dangerous advice on where to place your money. I will cover the common themes and why they may be hazardous to your financial health. You will NOT want to miss this one!

And finally the NO RISK CD I spoke of in last weeks newscast where investors are protected against principal loss yet may be able make a very nice return on if things go right had its issue date extended so there is still time for investors to get their application in. email me at moneymatters@kvmr.org for details.

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