Posted by: Elevated in Finances,Financial,Investing,Mortgage,Retirement on February 5th, 2011

Are we really about to experience the biggest market crash in history? Every time I turn around I am hearing another story about this. There are “storms” that are gaining strength in our econmy. One at a time, these individual storms would be enough of a challenge. Together they could be crippling.

Does Mike Dillard’s Elevation Group have the answer to some of these questions on the horizon?

Surely you have heard that this is going to be the year that Baby-Boomer begin to retire! In 2011, this year, the Baby Boomer generation begins to turn the retirement age of Sixy Five years old! From this point forward, 1,000 people will be reaching their age of retirement.

401k’s and IRA’s have been the most popular investment vehicle for this generation for the past 3 decades. Dying pensions plans were a cause for concern, and the plans like the 401k were presented to help provide a solution. Companies could now give their employees the responsibility of investing for their retirement, removing the burden from their company funds.

So what is wrong with that?

How many average employee’s are actually that experienced when it come to stock market investing? On average, most people know they are not experts and will hire the nearest financial advisor to get their investing advice.

Why would that not be a good thing?

Yes that would be true if most financial advisors really knew what they were doing. Unfortunately they are generally trained to be a good salesperson. They will use key phrases like “invest for the long haul” and diversify your investments” to stay on the safe side.

Why would these phrases be anything but good, sound advice?

Absolutely if a “bull market” can be counted on and stocks are always going to gain in value. Reality is that the market will always have it’s up times and down times, and it takes experience to know what is the best decision..

Over time, doesn’t the market ALWAYS go up?

When stocks are being bought, prices go up. Prices of stocks go down when people are selling stocks.

Here is some trivia for you. After retirement age is reached, you are requied, by law, to begin selling the shares in your 401k. Every year 6% must be taken out. This is where the tax difference is made up.

What is going to happen to the value of stocks once 73 million baby boomers are required to start selling their shares? You guessed it. Share values begin to drop, right along with the value of all of those 401k plans!

In an effort to protect your money, wouldn’t you sell your stocks if you knew they were losing value on a daily basis?

The stock market would experience a selling frenzy. This is one of many things that many believe will lead to the biggest stock market crash in history.

Protect your wealth, and don’t get caught on the wrong side of the bigget wealth transfer in history.

Mike Dillard has made ever effort to make these problems of NO consequence to those who pay attention. He created The Elevation Group as a way for people to learn from the experts as they teach you how to profit from this massive wealth transfer.

What end of the wealth will you be on?

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