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Is America out of financial danger, or is like the doomsayers warn, the & * ^% is about to hit the fan?
Probably because of my age and inquisitive nature, I have lots of free advice from financial guru is trying to sell me their newsletters. In the last 2 weeks I have seen at least 6 or 7 different advisers say act now or lose everything! We are about to have a further financial meltdown down! What do you think? Are they right? Are we back in the cliff about to sink into the financial abyss?
I get the same publicity. They have a great interest in getting in his pocket. There are many predictions for which at least one of them will prove to be correct in at least one of its predictions. I can not say what the future holds, but with the Government debt and losing all the money you'll pay, I can not see the future as bright for a long time. Be conservative. Preserve your assets. Expect inflation. Do not rely on trade unions, business or government to provide for your future. If you have the capital available, this can be a good time to invest in real estate, but not of commercial real estate. Provide for their own retirement. Nothing is stable enough to ensure that will be there when the time comes to retire. Inflation is a great way for Congress to reduce its debt to Social Security, the United States. Obama has locked the cost of living adjustments and losses for fixed-income people will never recover the benefits they receive. The Government is slowly backing out on their agreements. Fend for himself.
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