704.717.4848

Comment

Your smart phone is listening to you

By David Treece

Did you see the latest WikiLeaks release? Early reports indicate that a whistleblower inside the Central Intelligence Agency (CIA) bravely and heroically leaked documents and information similar to that of exiled Edward Snowden.

Edward Snowden 

Edward Snowden 

The new series is being called “Vault 7,” and WikiLeaks states that only 1% of the leaked info has been published. The data leaked reveals that the government has the ability to commandeer “Apple’s iPhone, Google’s Android and Microsoft’s Windows and even Samsung TVs” without users like you and me even knowing it.

The leak reveals that the CIA has lost control of its spying programs and that parts of the programs could be stolen or exploited by bad actors. A cyber weapon that is “loose” could electronically spread anywhere around the globe in seconds, and be maliciously used against anyone. These clandestine programs have had little to no oversight, with most people not even being aware they exist.

“The CIA had created, in effect, its ‘own NSA’ with even less accountability and without publicly answering the question as to whether such a massive budgetary spend on duplicating the capacities of a rival agency could be justified.” Remember, the National Security Agency (NSA) was the known proprietor of this unethical breach of public trust, but now we learn that the CIA is doing as much or more data mining on the American public.

One of the most alarming details so far is that the CIA is said to be attempting to breach a vehicle’s computer systems. The motivation is not clear, but this would allow for undetected vehicular assassination attempts with little trace.

“The CIA’s Mobile Device Branch developed numerous attacks to remotely hack and control popular smart phones. Infected phones can be instructed to send the CIA the user’s geolocation, audio, and text communications as well as covertly activate the phone’s camera and microphone.” And there’s no escaping it. According to the Vault 7 revelations, popular secure messaging applications have all been breached.

Our days of privacy have vanished. The Fourth Amendment of the Constitution is dead. It states, “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.”

What does this have to do with financial matters? Our ability to privately decide our efforts is dissipating. Had it not been for President Trump delaying new regulatory costs, harsh financial regulations were set to go into effect. Americans would have lost more of their ability to affordably access financial guidance. Unfortunately, our government has grown into an insatiable monster that feasts on personal freedom.

Any time we have the ability to take the reins to our destiny, we should. At TreeceCo we put our clients in the driver’s seat in order for them to plot their trajectory. We don’t believe in sitting back and hoping for the best. We believe in actively pursuing the best outcome.

 

Comment

Comment

Opportunity rising

By David Treece

Opportunity arises out of crisis. The light at the end of the tunnel is the knowledge that new horizons can be reached if we can just make it through the storm. We’ve been in the business of helping our clients and friends prepare for the next financial crisis for years now.

David Treece

About every decade in America we face a stock market correction, and those who are most prepared and knowledgeable are the ones who fare the best. After the mortgage meltdown crisis in 2008, those who were positioned well seized upon cheaper real estate prices and even many stocks being sold at a 30% discount. However, those who were financially wiped out had no recourse. They either went bankrupt or had to wait on average at least 7 years for their investment prices to regain value.

Statistically it’s time for a stock market correction. We’re not fortunetellers or mystics, so I don’t know when the correction will transpire, but being ahead of the curve is key to succeeding. Nothing stays the same. Times are changing, and being proactive with your saved money is essential to maintaining the life you want to live.

Some savers are sitting on the edge of their chairs watching the Dow Jones average creep higher and higher… 20,500… It’s a lot like sitting on the edge of the stool at the casino table, knowing it’s time to cash out, but wanting just a little more. Don’t risk your future standard of living. We can help you participate in the gains of the market but not lose when it corrects every decade.

Comment

Comment

Is it morning in America

David Treece

By David Treece 

Many people are optimistic that a new day is dawning in America. People outside of the urban centers understand that globalization has been detrimental to America’s economy, and some people are waking to the reality that cheaper products don’t necessarily help as much as having industry and jobs.

I, like many people, believed the lie of the media that Hillary Clinton was surging to victory, but we were thrown a curveball when Donald Trump ascended to the White House. One thing is for certain: since the moment it became evident that he was winning the election it’s been a roller coaster of “what’s next?” On election night, when he started winning the stock market futures dipped, but now the market has risen to record heights. What’s the stock market going to do next? We can help it not matter for you, because your money is safe and growing regardless of how the market performs.

Donald Trump has been loose with his words and quick to jab anyone who questions his authority. The list of foes seems to grow daily, and while this is entertaining and the old way of doing politics needs to be shattered… I just wonder how we are all going to be impacted by President Trump’s assertiveness.

Morning in America

The civil unrest and protest, which became normal during Obama’s reign, seem to be heating up even more. Politico ran an article this week with the title “Republicans fear for their safety as Obamacare protests grow.” The truth is that career politicians are more worried about their next election than their safety. But the point remains that protests like what we saw after the inauguration are becoming normal.

Historically, about every decade the stock market takes a dive. Due to the government’s intervention in the economy after the last decline we are experiencing a huge stock market bubble.

Just this week a client stopped by our office who is 84 years old. We helped him get out of the stock market last year, but he was thinking he got out too soon now that the market has continued to go up. He admitted that he worried about whether he’d lose money in the market, but he knew he couldn’t make up losses like he sustained to his money in the dot-com stock market crash or the mortgage meltdown crash. Getting out a day, a year, or many years too early is a great problem to have. The reason is simple, because you are not going backwards financially.

Comment

Comment

Bank on yourself

By David Treece

The Dow Jones Industrial Average hit a milestone on last week. It crossed 20,000.
 
Some pundits believe it’s because of President Trump’s recent executive actions and his plans to restore American infrastructure, which analysts believe will stimulate the economy. Maybe it will…
 
Other commentators believe big banks like Goldman Sachs, whose stock has seen over a hundred-dollar increase in the last year, are driving the market up. The thinking is that big banks will loan the government money for infrastructure improvements.
 
Bank stocks are performing well, but fundamentally there is no reason to believe they are solvent or could weather even a minor economic storm. They are over loaned, and they are all set up to encounter the same financial problems when financial storms happen, so they will all share in the gains and losses during difficult times. This was the shadow government’s doing in 1913 when the Federal Reserve was created.
 
What if there was a way to not use banks to finance your big expenditures? What if you could create your own reserve of money to finance your next car?
 
This isn’t a quick process. It takes dedication to the process, and discipline, and you have to have an open mind. We have strategies that allow you to grow your money at a declared pace, and you are able to loan yourself the money tax-free when you need it.
 
Rather than being caught up in the casino greed mentality of the current stock market, you can take steps to use your money more wisely by creating your own personal bank.
 
We believe in putting our clients in control of their destinies. We believe in taking the bull by the horns instead of being impelled by the bull’s horns, i.e. losing all your money in the oversold stock market. If creating your own reserve of cash is of interest to you, call us to set up at time to speak.
 

Goldman Sachs

One last opinion: Donald Trump ridiculed Senator Ted Cruz for omitting his loan from Goldman Sachs on his financial disclosure by stating the bank owned him, yet Trump has appointed a handful of advisors to his administration who have or had ties to Goldman.

 
Have you heard the expression, “The devil’s in the details?” In this case the devil is Goldman. Watch Goldman. They’re nefarious players.
 

Comment

Comment

Social Security Dilemma

By David Treece

I recently read an article that stated, “Economics is alchemy.” Stated another way it could be said that the financial markets are working on magic. An example of this is a recent CNBC article stating that “Social Security has a looming $11 trillion shortfall.” So what's keeping it going? Magic!

President-elect Trump has campaigned that he will preserve Social Security and will not cut benefits, but how he will do that continues to be alchemy. The CNBC article states that Congressman Sam Johnson has submitted a bill to save Social Security by reducing the benefits, delaying the age to receive full benefits, and excluding high-income earners or capping them. 

Depending on Social Security is precarious given the large debt load and the inability to even attempt to balance the federal government’s budget. Like many people you may be thinking “I’ve heard for thirty or forty years that Social Security is broke and won’t be there for me in retirement.” Again, the government’s magic can only work for so long, and that’s why it’s crucial that you preserve any money you have saved up in retirement plans.

Being able to depend on your money being available when you need it or if Social Security changes is important. What’s sad is that many retirees put their savings in the stock market and never know from one day to the next whether they can depend on the money being there. Further, parking money at a bank can be just as risky given that legislation has been passed to use your money if the bank becomes insolvent. This has happened in other countries. Why can’t it happen in America?

Consistently reliable growth is what we specialize in at TreeceCo. We’ve been helping retirees and conservative savers retain their money since 1984. Call today to learn how you can create your back-up plan.

Comment

Comment

Happy New Year and Good Luck

By David Treece

One thing is certain: nothing is predictable. However, the one thing we know is that we need to retain as much of our retirements savings as possible and protect it from sudden market shifts. Donald Trump has spoken elaborately about America’s needed infrastructure updates, but with the federal government constantly running a deficit how is it feasible to work on our roads and bridges?

Trum Tweet
Trump Tweet

This is just one example of why the Federal Reserve and Treasury will turn on the printing presses to create the money needed. Plus, it’s apparent that Trump has a sort of innate desire to be liked. What better way to achieve popularity than to send everyone a check? The government’s “free” gift to you…

We know that in the months after the 2008 mortgage meltdown crisis, trillions of new dollars were created to stabilize the economy. Richard Fisher, a former Dallas Federal Reserve president, stated, “We injected cocaine and heroin into the system and now we are maintaining it with Ritalin,” when speaking on the stock market being up over 200% since its low.

https://www.youtube.com/watch?v=qTRfBrXfVOg

When the Fed announces more printing, if the past is an indicator of the future, it will drive the stock market further up. Our clients are uniquely situated to benefit from the growth of the stock market while never being in the stock market. Therefore they never lose money when the market goes down. Our clients are not subjected to the risk of a sudden sell-off or run on the market. Similarly, our clients can grow their assets and leverage their money into a larger inheritance for their children while never being subjected to losses.

We specialize in helping people get out of the stock market and out of banks. If you would like to discuss this more, feel free to give us a call. There is only one type of person we cannot help.

Comment

Comment

Merry Christmas!

This time of the year often causes us to reflect upon all that has happened to us over the past year. We are thankful for you and your interaction with us and for the opportunity to serve you in helping safely preserve your life savings. We count it a privilege and an honor, and we do not take your trust in us lightly.

Please remember the reason we celebrate Christmas. Luke 2:11 states, “For unto you is born this day in the city of David a Saviour, which is Christ the Lord.” Jesus came into the world in human flesh and had experiences similar to our own, and finally died a sacrificial death to save us from our sins.

This enabled us to experience eternal life and be saved from eternal damnation. In the haste of the holiday season it’s easy to forget what we are celebrating, so let’s make it a priority to remember what this time of year is all about. We wish you and your family a very Merry Christmas!

Tony, Donna, and David 

Tony Donna and David

Comment

Comment

Why the Stock Market is Still a Bad Idea and Why Banks Will Rob You

By David Treece

The stock market is hitting record highs. At last check, the Dow Jones has reached over 19,500 points. The end of the bull run is closer than most people want to believe. Fundamentals do not work any longer because everything is fake. The Keynesian economic model of throwing more money at problems has been put in overdrive. The result will be that the system collapses under its own weight.

The national debt has doubled in the last eight years, and little is said about America’s inability to balance its federal budget. It is propelled forward by the ability to print money ad infinitum. But let’s be honest… Most people understand these arguments and won’t even try to refute them. However, many people still want in on the market because it appears to be booming. What they don’t think through is that with each boom there is inevitability a bust. As the stock market creeps higher and higher, the bust is going to get larger and more severe.

There is much misinformation about what exactly the Donald Trump presidential administration will be able to do. One thing is certain, though. The gravity and severity of our economic mess can’t be fixed by one man. And frankly, most people do not even understand what needs to be fixed, so they depend on politicians to mediate for them. How often does that work out well for taxpayers?

When the market crashes, people will be wiped out. Today those chasing the dream of higher and higher stock market numbers do not want to ponder the idea that they could lose it all. They’ve been told the market always comes back, but the fact remains that constant increases in a portfolio without losses are always a less stressful approach.

So what’s the alternative? Well, saving money at a bank should never be an alternative. Leading up to the Great Depression, banks were dealing in securities or stock market products. This gray area led to massive losses for many investors. Read Chapter Four of The Shadows of Power to understand this more.

In 1933 the Glass Steagall Act was signed into law. This prohibited banks from working in securities markets. This created a clear separation between bank products and stock market products. In 1999 Bill Clinton repealed the Glass Steagall Act. This ultimately led to the mortgage meltdown crisis in 2008. Congress said they would fix things by passing the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. However, this was a big fat juicy lie.

Dodd-Frank was 848 pages, and as of July 2012 an additional 8,843 pages of rules had been added. These pages represent only 30% of the rules that need to be written as a result of the passage of this bill. The water has never been murkier in regards to banking interests versus securities interests.

Title II of Dodd-Frank created an “Orderly Liquidation Authority” to conduct bail-ins. We all remember the Too Big To Fail Banks getting taxpayer bail-outs, but what is a bail-in? In simple terms a bail-in is when a depositor (read: your money) is used to support a failing bank. But don’t fret, says the government, you will receive stock in your failed bank.

Although few depositors realize it, legally the bank owns the depositor’s funds as soon as they are put in the bank. Our money becomes the bank’s, and we become unsecured creditors holding IOUs or promises to pay… Under the FDIC-Bank of England plan, our IOUs will be converted into ‘bank equity.’ With any luck we may be able to sell the stock to someone else, but when and at what price?”

There has never been a more important time to have your money out of the stock market and the lion’s share out of the bank, outside of maybe 1929. However, with the way the American economy is leveraged, some economists believe the eventual implosion will send out shrapnel for 25 years. Can you wait for 25 or 30 years to recover your losses in the stock market? If you can’t wait that long, call us today to schedule a free consultation to discuss your unique situation.

Comment

Comment

It's about to blow up!

David Treece

There is never a bad time to have your savings in safe havens. With the election of Donald Trump, the stock market, bond market, and precious metals markets have been erratic. Stock and mutual fund investors have had to eagerly peer at their brokerage accounts wondering if the market would continue to set record highs. With each click of the mouse they should wonder if this is the day they will lose it all.

When your 401k or IRA is invested in stocks, bonds, and mutual funds, you can lose it all. Plus, bank savers are being treated like common criminals on a more regular basis. Asked why they want “the” money when they try to withdraw it, etc.

The coming Trump administration, while good in many ways, is certain to bring about wild market swings due to The Donald’s attempts to “drain the swamp.” He has said that the low interest rate environment we’ve experienced for years should end, and when he nominates a Federal Reserve Bank chair who will raise rates, you’ll hear a giant sucking sound on your 401k and IRAs that are invested in the stock market as they are drained along with the rest of the stock market swamp.

Safe haven savings tools are important all the time. The historic stock market gains will be short-lived. Think about the fact that the stock market has been on an artificial upward path since the last stock market crash in 2008. The downslide is coming sooner rather than later. How many years will it take you to recover? Don’t live with the suspense. Get up from the gambling table in haste.

Donald Trump

 

Comment

Comment

Donald Trump's Elected. Now what

As so many people have been wrong about the ascension of Donald Trump it’s nearly impossible to predict what could be next. What we do know as evidenced by the last week is that stock market volatility is increasing.
 
Last Tuesday, as it was looking more and more probable that Donald Trump would win the election, stock market futures plunged 800 points. Futures are basically bets that if the stock market were to open it would be down 800 points. As last week went on, the stock market climbed to historic highs. Fundamentally these unpredictable shifts make little sense, but then again gambling normally is irrational.
 
It is possible the powers that be are driving the stock market up in order to pad it against a possible interest rate hike in mid-December. The Federal Reserve Bank may increase the interbank lending interest rate by 0.25%. As you may recall, last December rates were raised 0.25% and it caused much stock market volatility for the first quarter of 2016.
 
Look for more wild swings in the market, but if you’re a TreeceCo client you don’t have to worry about these swings. The variable of losing in a stock market crash has been replaced with peace of mind because your money is not subject to market whims.
 
Like many people, we are cautiously optimistic that a Donald Trump presidency will produce government restraint, reining in our out-of-control federal government, and put America’s interests first again. However, America’s woes are far from disappearing. Our $20 trillion debt and trillions of dollars in unfunded obligations are not things we can take lightly.
 
As much as we would like to believe President-elect Trump will be able to cut tax rates, we are not counting on it, simply because the government is dead broke, corporate industry has been driven out of the country, and more people than ever depend on government for day-to-day needs. We’re not out of the weeds. It’s not time to throw caution to the wind as anything (literally) could happen at any given moment.
 
Trump’s next big obstacle is picking the right people to surround him in his administration. While Ronald Reagan accomplished much after conservative movement helped him be elected. However if he had omitted people like George H.W. Bush from his administration, he could have done more.

Bush was a member of the Council on Foreign Relations (CFR), an organization that has long relished the idea of globalism, making the United Nations more powerful, and creating a one-world government. It should be our prayer that Trump will not appoint present or past members of the CFR, because his influence and abilities will be greatly diminished. 

Comment