New update today September 30, 2013, Read MONEY MATTERS

 

Turkey Matters Kickoff this Thursday- I match your funds to the foodbanks- Mail me a check the foodbank (with their address if out of town) and I match your funds- make check to the food bank of your choice! Mail to exactly as listed below:

PMB 101

578 Sutton Way

Grass Valley, Ca 95945

---------------------------------------------------------------------------------

Time is running out, only a few days left.

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 that 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 but it ends in 2 days.

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:

https://www.everbank.com/investing/marketsafe/evolving-economies?referID=13286

 

Money Matters airs this Thursday at noon, PST on KVMR FM

"Shutdown"

Government Shutting down? Tune in!~

 

The Fed Blinks

The Federal Reserve surprised Wall Street last week and backed off their plans to taper back their asset purchasing in their Quantitative Easing Program (QE).

Asset purchases (QE) are when the Federal Reserve creates money out of thin air and buys both US debt (Treasuries) and mortgage securities (those toxic mortgages we all know and love).

Wall Street was expecting a reduction in these purchases which is currently 85 billion a month and was rumored to be reduced to about 70 billion a month, an 18 % or so reduction.

Analysts (this one included) found this move odd to say the least. The market had digested this cutback of purchases and was prepared for it. The Dow had already thrown its fit a few months back when Bernanke (Federal Reserve Chief) announced the taper and had stabilized. Since a plunging market was one of the main fears from a cutback, the fact that the market had absorbed what was coming was good news.

With the back pedal, the markets of course soared, at least for one day, but they now appear edgy again. It’s as if the taper was an expected course of recovery but now the markets don’t know what to think.

Investors now are left to wonder why did the Fed feel it couldn’t slow down the money spigot. Is the economy weaker than what we’ve been told? Is the recovery they claim not taking shape as expected?

The fear now is how much credibility did the Fed lose in this 11th hour about face?
Wall Street seemed a bit burned by this unexpected move as the big money players expect and usually get clear signals in advance as to the Federal Reserve’s major market moving decisions so they can position themselves accordingly. This time around however everyone was taken by surprise including Wall Street violating an age old central bank policy: Never surprise the markets.

What we are left with is the fear of just when will the next taper shoe drop? Investors now wait with their finger on the trigger knowing what happened the last time tapering was announced; the markets plunged.  Now it’s “here we go again” waiting for Godot.

When and if the next taper is announced, investors may rush for the exits in even greater numbers, remembering the reaction the first time tapering was announced. Then the next question will be will they really taper?

The confusion on Wall Street as it relates to the Fed is now greater than ever. The Federal Reserve may have missed an opportunity to start down the road to recovery by their change of heart canceling the taper last week. Even more importantly, how much damage have they done in the long run on the trust issue as it pertains to what they say they will do and what they do?

This article expresses the opinions of Marc Cuniberti. Mr. Cuniberti hosts “Money Matters” on KVMR FM 89.5 and 105.1 FM on Thursdays at noon and syndicated on over 30 radio stations throughout the US. He has been featured on NBC and ABC television and on a host of made for TV documentaries for his economic insights. His website is www.moneymanagementradio.com

 

Will the government shut down? Why and how can we solve this! This time it looks serious! No one want to budge- Tune in this week!