The GREAT American 401k scam

The GREAT American 401K Scam kevin D. blanch BLANCHSCHWARZ

Category:

News & Politics

Tags:

• 401k
• scam
• finance
• financial
• insurance
• tax
• trading
• Retirement
• investment
• for
• retirement
• deferments
• the
• stock
• market
• E.T.F.
• mutual
• funds
• brokers

[kevindblanch]

learn more about your 401 and the operations of the market @ my site optionsandfutures101

[mikellv7]

$50,000.00 in 2001 you would of been a millionaire with $1,446.496.00 ..

It's not to late...Silver Silver,Silver !!!

[mikellv7]

Check this out:

Investment of $500.00 in the year 2001 X40% APR over a ten year period of investing in silver today in 2011 you would of had 14,464.96 in the bank for your 500.00 investemt in 2001...Now times that by ten time the investment...

$ 5,000.00 in 2001 same senerio you would of had a cool $144,464.96 on your 5 Grand....Now what do you think about silver?

[mikellv7]

Thank You...I just signed up for a 401K ...But by putting it in the Bank you gain and let it be in the form of bullion or physical, somthing you can hold in your hand...Not paper...When you need money you can turn it in to cash in a matter of minutes or days depending on who you know and get the full value for it (spot price)

[mikellv7]

Thank You...I just signed up for a 401K ...But by putting it in the Bank you gain nothing...The only true investment out there is silver...They can' print it , they can try to devalue it but it will only work for so long....SILVER SILVER SILVER..If you put money in silver let's say in 1999- to 2003 and cashes it in now you would have made over 40% a year average...I am closing my 401 K tomorrow and putting it all in silver...What the hell was I thinking!!

[golfnut7772]

Soooooo true! Good stuff. You're a Patriot!!!!

[larryjohnny]

Man, I wish we could put your voice on a AM Radio channel at the same time that Rush Limpbone is on ! It's not fair to hear Rush spew out so many lies and no other stations to offer a different opinion ? Why is he on the Arrmed Services Radio Station, to brainwash all of our troops too to vote against their own best self-interest ?

You deserve to be on Television and AM radio to offer another opinion to the scam Clear Channel Rupert Murdock lie machine !

[berylcrystal777]

@nobusio real stuff is real stuff...im no business slash economic guru ,im an entry level novice when it comes to these fields,,but it all boils down to common sense,,money represents value..the less there is the more buying power it has,and vice versa,,so your best bet is to buy that which is pretty much gauranteed to increase in standard value such as gold,silver,a house,stock means you buy an idea,and the market seems to be COMPLETELY unstable..

[TheGoalSetter]

Yep. And as company execs/boards manipulated their company stocks, mutual funds were manipulated, and of course, the entire market is manipulated.

So there are several layers of manipulation going on. But 401ks/stock market were sold to people so well. Heck, 401ks used to come with matching, so it seemed like a no brainer. But matching was just bait. The market STILL is sold very slickly: business suits, all the financial shows promote it, etc. But it is gambling at its worst.

[nobusio]

I like your video.

But compounding only works if there is no inflation that erodes the purchasing power of the dollar.one dollar today is equivalent to one cent of the original dollar bill.

What do you think about gold, land, rental properties...

what else is there...