Your $ may soon not be yours to have

[TexasLine]

[quote=investor]Texasline. In re-reading my note, I owe you an apology…More to your point, when anyone “sees” the big picture, one is less likely to trust their retirement in a 401K and rather invest in investment real estate that cash flows.I’ve stopped putting my money into a simple IRA and I’m looking to get out of all debt…Not being able to get to your 401K money is just another reason not to use a 401 K as your retirement vehicle. Again, sorry if my comment was taken as a criticism.[/quote]

Absolutely no apology necessary. I was just trying to “re-direct” the conversation, and get more points of view.

I agree with your actions. I am also ending all my debt. Well I shouldn’t say “all”.

I’m going to keep that lovable car loan for a while, but the credit cards are fading…I have also taken a portion of my 401 out and am using it to pay away that debt and buying gold and silver as both a “hedge” and a safe place to put my “down-payment”. So far so good…of course I am implying that I’m prepared to go into greater debt with a mortgage….but I just can’t stand renting anymore!

4plexowner- also an interesting article.

[4plexowner]

Retiree Annuities May Be Promoted by Obama Aides [4plex: these ‘aides’ are all ex-wall-streeters]
http://www.businessweek.com/investor/content/jan2010/pi2010018_130737.htm

Obama to meddle with your retirement account?
http://www.wnd.com/index.php?fa=PAGE.view&pageId=121891

IRA’s and 401k’s to be Crammed Down While Tax Collections Plunge
http://beforeitsnews.com/story/11718/IRAs_and_401ks_to_be_Crammed_Down_While_Tax_Collections_Plunge.html

401k/IRA Screw Job Coming?
http://beforeitsnews.com/story/3048/401k_IRA_Screw_Job_Coming.html

~

There are three reasons why the IRA/401K changes are likely to occur:

1. the Federal Reserve is the only buyer for US debt at this point – forcing IRA/401K money into US bonds/notes (debt) provides a new ‘buyer’ for the US debt – govt and Wall Street can continue to pretend that there is demand for US debt

2. Wall Street is looking for the next game – preferably one that can be played out of the spotlight – creating a bunch of annuities would fit the bill very nicely

3. as the Boomers retire and start spending down their investments, that capital will no longer be available to govt / Wall Street – it might be hard to continue supporting the bond and equity bubbles without the Boomers’ capital – converting IRA/401Ks to annuities STOPS THIS DRAWDOWN cold – retirees will be paid with printing press money and accounting games while their capital remains in the system

Reason #1 is likely to cause the IRA/401K changes to happen a lot faster than anyone is expecting

~

There’s that Rush song playing in my head again, “If you choose not to decide you still have made a choice”

[4plexowner]

Retiree Annuities May Be Promoted by Obama Aides [4plex: these ‘aides’ are all ex-wall-streeters]
http://www.businessweek.com/investor/content/jan2010/pi2010018_130737.htm

Obama to meddle with your retirement account?
http://www.wnd.com/index.php?fa=PAGE.view&pageId=121891

IRA’s and 401k’s to be Crammed Down While Tax Collections Plunge
http://beforeitsnews.com/story/11718/IRAs_and_401ks_to_be_Crammed_Down_While_Tax_Collections_Plunge.html

401k/IRA Screw Job Coming?
http://beforeitsnews.com/story/3048/401k_IRA_Screw_Job_Coming.html

~

There are three reasons why the IRA/401K changes are likely to occur:

1. the Federal Reserve is the only buyer for US debt at this point – forcing IRA/401K money into US bonds/notes (debt) provides a new ‘buyer’ for the US debt – govt and Wall Street can continue to pretend that there is demand for US debt

2. Wall Street is looking for the next game – preferably one that can be played out of the spotlight – creating a bunch of annuities would fit the bill very nicely

3. as the Boomers retire and start spending down their investments, that capital will no longer be available to govt / Wall Street – it might be hard to continue supporting the bond and equity bubbles without the Boomers’ capital – converting IRA/401Ks to annuities STOPS THIS DRAWDOWN cold – retirees will be paid with printing press money and accounting games while their capital remains in the system

Reason #1 is likely to cause the IRA/401K changes to happen a lot faster than anyone is expecting

~

There’s that Rush song playing in my head again, “If you choose not to decide you still have made a choice”

[4plexowner]

Retiree Annuities May Be Promoted by Obama Aides [4plex: these ‘aides’ are all ex-wall-streeters]
http://www.businessweek.com/investor/content/jan2010/pi2010018_130737.htm

Obama to meddle with your retirement account?
http://www.wnd.com/index.php?fa=PAGE.view&pageId=121891

IRA’s and 401k’s to be Crammed Down While Tax Collections Plunge
http://beforeitsnews.com/story/11718/IRAs_and_401ks_to_be_Crammed_Down_While_Tax_Collections_Plunge.html

401k/IRA Screw Job Coming?
http://beforeitsnews.com/story/3048/401k_IRA_Screw_Job_Coming.html

~

There are three reasons why the IRA/401K changes are likely to occur:

1. the Federal Reserve is the only buyer for US debt at this point – forcing IRA/401K money into US bonds/notes (debt) provides a new ‘buyer’ for the US debt – govt and Wall Street can continue to pretend that there is demand for US debt

2. Wall Street is looking for the next game – preferably one that can be played out of the spotlight – creating a bunch of annuities would fit the bill very nicely

3. as the Boomers retire and start spending down their investments, that capital will no longer be available to govt / Wall Street – it might be hard to continue supporting the bond and equity bubbles without the Boomers’ capital – converting IRA/401Ks to annuities STOPS THIS DRAWDOWN cold – retirees will be paid with printing press money and accounting games while their capital remains in the system

Reason #1 is likely to cause the IRA/401K changes to happen a lot faster than anyone is expecting

~

There’s that Rush song playing in my head again, “If you choose not to decide you still have made a choice”

[4plexowner]

Retiree Annuities May Be Promoted by Obama Aides [4plex: these ‘aides’ are all ex-wall-streeters]
http://www.businessweek.com/investor/content/jan2010/pi2010018_130737.htm

Obama to meddle with your retirement account?
http://www.wnd.com/index.php?fa=PAGE.view&pageId=121891

IRA’s and 401k’s to be Crammed Down While Tax Collections Plunge
http://beforeitsnews.com/story/11718/IRAs_and_401ks_to_be_Crammed_Down_While_Tax_Collections_Plunge.html

401k/IRA Screw Job Coming?
http://beforeitsnews.com/story/3048/401k_IRA_Screw_Job_Coming.html

~

There are three reasons why the IRA/401K changes are likely to occur:

1. the Federal Reserve is the only buyer for US debt at this point – forcing IRA/401K money into US bonds/notes (debt) provides a new ‘buyer’ for the US debt – govt and Wall Street can continue to pretend that there is demand for US debt

2. Wall Street is looking for the next game – preferably one that can be played out of the spotlight – creating a bunch of annuities would fit the bill very nicely

3. as the Boomers retire and start spending down their investments, that capital will no longer be available to govt / Wall Street – it might be hard to continue supporting the bond and equity bubbles without the Boomers’ capital – converting IRA/401Ks to annuities STOPS THIS DRAWDOWN cold – retirees will be paid with printing press money and accounting games while their capital remains in the system

Reason #1 is likely to cause the IRA/401K changes to happen a lot faster than anyone is expecting

~

There’s that Rush song playing in my head again, “If you choose not to decide you still have made a choice”

[4plexowner]

Retiree Annuities May Be Promoted by Obama Aides [4plex: these ‘aides’ are all ex-wall-streeters]
http://www.businessweek.com/investor/content/jan2010/pi2010018_130737.htm

Obama to meddle with your retirement account?
http://www.wnd.com/index.php?fa=PAGE.view&pageId=121891

IRA’s and 401k’s to be Crammed Down While Tax Collections Plunge
http://beforeitsnews.com/story/11718/IRAs_and_401ks_to_be_Crammed_Down_While_Tax_Collections_Plunge.html

401k/IRA Screw Job Coming?
http://beforeitsnews.com/story/3048/401k_IRA_Screw_Job_Coming.html

~

There are three reasons why the IRA/401K changes are likely to occur:

1. the Federal Reserve is the only buyer for US debt at this point – forcing IRA/401K money into US bonds/notes (debt) provides a new ‘buyer’ for the US debt – govt and Wall Street can continue to pretend that there is demand for US debt

2. Wall Street is looking for the next game – preferably one that can be played out of the spotlight – creating a bunch of annuities would fit the bill very nicely

3. as the Boomers retire and start spending down their investments, that capital will no longer be available to govt / Wall Street – it might be hard to continue supporting the bond and equity bubbles without the Boomers’ capital – converting IRA/401Ks to annuities STOPS THIS DRAWDOWN cold – retirees will be paid with printing press money and accounting games while their capital remains in the system

Reason #1 is likely to cause the IRA/401K changes to happen a lot faster than anyone is expecting

~

There’s that Rush song playing in my head again, “If you choose not to decide you still have made a choice”

[4plexowner]

“The country tipped into outright demographic decline in 2005. Households have already stopped adding to their stock of JGBs. As the aging crisis accelerates, the elderly are running down their assets. The savings rate will soon crash below zero.”

A global fiasco is brewing in Japan
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100002951/a-global-fiasco-is-brewing-in-japan/

just what I am talking about in reason #3 above – the demographics of the Boomers (and the fact that there is no demographic group with jobs/money following closely behind the Boomers), causes additional economic problems as they pull their capital out of the system

this article is suggesting that the financial games Japan has played for the past 20 years might be reaching there end

[4plexowner]

“The country tipped into outright demographic decline in 2005. Households have already stopped adding to their stock of JGBs. As the aging crisis accelerates, the elderly are running down their assets. The savings rate will soon crash below zero.”

A global fiasco is brewing in Japan
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100002951/a-global-fiasco-is-brewing-in-japan/

just what I am talking about in reason #3 above – the demographics of the Boomers (and the fact that there is no demographic group with jobs/money following closely behind the Boomers), causes additional economic problems as they pull their capital out of the system

this article is suggesting that the financial games Japan has played for the past 20 years might be reaching there end

[4plexowner]

“The country tipped into outright demographic decline in 2005. Households have already stopped adding to their stock of JGBs. As the aging crisis accelerates, the elderly are running down their assets. The savings rate will soon crash below zero.”

A global fiasco is brewing in Japan
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100002951/a-global-fiasco-is-brewing-in-japan/

just what I am talking about in reason #3 above – the demographics of the Boomers (and the fact that there is no demographic group with jobs/money following closely behind the Boomers), causes additional economic problems as they pull their capital out of the system

this article is suggesting that the financial games Japan has played for the past 20 years might be reaching there end

[4plexowner]

“The country tipped into outright demographic decline in 2005. Households have already stopped adding to their stock of JGBs. As the aging crisis accelerates, the elderly are running down their assets. The savings rate will soon crash below zero.”

A global fiasco is brewing in Japan
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100002951/a-global-fiasco-is-brewing-in-japan/

just what I am talking about in reason #3 above – the demographics of the Boomers (and the fact that there is no demographic group with jobs/money following closely behind the Boomers), causes additional economic problems as they pull their capital out of the system

this article is suggesting that the financial games Japan has played for the past 20 years might be reaching there end

[4plexowner]

“The country tipped into outright demographic decline in 2005. Households have already stopped adding to their stock of JGBs. As the aging crisis accelerates, the elderly are running down their assets. The savings rate will soon crash below zero.”

A global fiasco is brewing in Japan
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100002951/a-global-fiasco-is-brewing-in-japan/

just what I am talking about in reason #3 above – the demographics of the Boomers (and the fact that there is no demographic group with jobs/money following closely behind the Boomers), causes additional economic problems as they pull their capital out of the system

this article is suggesting that the financial games Japan has played for the past 20 years might be reaching there end

[Author]

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