Tag Archives: wealth transfer

Are You Ready For The Biggest Wealth Transfer In History?

You’d have to be living in a cave for the past few years not to have noticed all of the changes happening in our world lately. Fortunately, rather than living in a cave for the past 3 years I’ve been spending that time reading, learning, attending seminars, interviewing mentors and whatever else I can do to educate myself and figure out how best to handle the changes occurring around us.

What I’ve come to realize is that unfortunately the vast majority of people are unprepared for what’s likely coming, and I’m therefore making it my mission to do what I can to change that.

Before I go any further, I want to emphasize that I’m not sharing this to spread doom and gloom, but to hopefully help you see the amazing opportunities that are here, that we’ll likely never see again in our lifetimes.

We’re in the middle of the largest wealth transfer in human history. It may seem that your dollars just don’t go as far as they used to (and for good reason – they’ve lost about 95% of their purchasing power since 1971), and that’s because the continual printing of more money is diluting the value of the ones already in circulation. All of this new money isn’t going to disappear though

As history has shown money simply transfers – from the uneducated to the educated. That’s why I want you to be on the right side of this wealth transfer, and education is the first key. Until late 2008 all of our retirement funds were in the market and I suspect you’re likely in a similar situation. Fortunately for me I had a couple of people tell me in the summer of 2008 to get my money out of the market because they saw what was coming. TOO BAD I DIDN’T LISTEN!

Instead, my wife and I watched 1/4 of our portfolio vanish. I’m not telling you this so you’ll feel sorry for us. I’m sharing this in hopes that it doesn’t happen to you (or happen again if you took a hit in ’08 like us).

Here are 3 reasons I believe 2008 was just a warning shot and a wake up call for what’s to come.

First, things really started crumbling when the subprime wave crashed, and the housing bubble burst. We all know what happened to the markets and the economy as a result. What you might not know is that there is a second larger wave of Adjustable Rate Mortgages that started re-setting in late 2011. Are we really in a position to weather another wave of foreclosures?

Second, for the first time in world history we have a fiat currency as the reserve currency for virtually every country on the planet. Fiat meaning “money without intrinsic value” or “worthless paper”. With the US now spending about 3 Billion dollars more per day than they make, how much longer can this continue?

Considering EVERY fiat currency in history, right back to the Roman times has failed, it’s only a matter of time before this house of cards comes down too.

Lastly, my parents are part of the huge 75+ million person baby boomer demographic that are all reaching retirement age. There are 3 of them for every one of my generation, so imagine what happens when they all start pulling out of their retirement accounts instead of putting in. Not to mention collecting their government pensions and utilizing other social programs. This demographic has had major influence on industries from baby food, to fast food, to minivans and housing – only in each of these instances they were flooding money in, not pulling it out!

Now for the good news! Like I mentioned earlier, money doesn’t disappear – it simply transfers. That’s why I’ve moved mine into the areas poised to protect and preserve what I have and also with the greatest potential gains.

Let me preface what I’m about to say with this. I’m not a financial planner or advisor. I’m not giving advice or suggesting you follow what I’ve done, and I encourage you to do your own research and seek advice. I’m simply sharing what I’ve learned in the hopes that it will help you too.

In times of uncertainty people always fall back to what’s real. Gold, silver and precious gems have been used as money and stores of wealth for centuries. In the past few years you’ve likely watched as precious metals reached new highs. Both gold and silver are at or near all time highs. Although they have yet to reach their inflation adjusted highs. In fact, silver is near an inflation adjusted low and is an incredible opportunity that works as an insurance policy against inflation and an excellent investment.

I’m focusing all of my attention on real, tangible assets that I own, can hold or see, and understand the simple supply and demand factors affecting their value. Please see this as an encouragement to do some more research of your own and educate yourself. My purpose in writing this is to hopefully share some of the knowledge I’ve gained and to help you avoid the losses that I’m afraid much of the population will incur.

Best of Success,

Dan Giercke

For more mentoring tips get a FREE copy of "The MENTOR Method to a Wealth Mindset" report here.

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Real Estate In Your Pocket – Where My Mentors Have Their Wealth

In the past few months I’ve been learning a lot about hard asset investments. For a number of years now I’ve been investing in real estate which falls under that category. About 3 years ago a couple of my mentors suggested that I move my retirement portfolio out of the stock market and into cash and silver. At the time this was a foreign concept to me because up to that point I had always heard that putting money into RRSP’s and mutual funds was the way to go.

The stock market crash that occurred a couple of months later opened my eyes, especially after we lost about 25% of our portfolio in a couple of weeks. Since then I’ve been following the rapid climb of silver and gold values. I’ve been listening much more to the mentors who first introduced this hard asset class to me, and I’ve also been exposed to other hard assets – namely rare natural fancy coloured diamonds. This is quite a unique investment in that it’s the most concentrated form of wealth on the planet. For us in North America, having precious gems in our safe, or safety deposit box at the bank is extremely uncommon. For older cultures like the ones in Europe and Asia though, this has been done for generations and centuries. With the unrest in the world’s economy and currency crisis happening, more people are moving towards true money rather than the fiat paper currencies they’ve so long believed to be money.

Here’s a short presentation I gave last week about diamonds that I think will help you understand the great potential this investment has, and why I think now is the time to take action on it. Let me know what you think after you’ve watched, and if you have any questions leave them below.

For more mentoring tips get a FREE copy of "The MENTOR Method to a Wealth Mindset" report here.

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Will You Profit From The Wealth Transfer?

It’s been a while since I’ve put up a post here. I have been having trouble coming up with the right topic to write about, but today it feels like time for an update.

For today, I want to focus on asking who you get your information from? If you’re looking for a mentor, what criteria do you use to determine if they’re right for you or not. Yesterday I spent most of the day with one of my mentors when it comes to investing and finances. He’s a guy that started investing a couple years before me when he was only 16. By 25 he was financially free, and now runs a successful financial services company. We actually first met at a seminar we were both attending. It wasn’t until a few years later that I realized he was such a successful business man, and that attending those events was just his way of ensuring he’s constantly improving.

I’ve kept in touch with him over the past few years, but I haven’t always followed his advice. Back in the summer of 2008 he was telling people to get out of the markets and to invest in silver. I have to admit that at the time most of my retirement savings were in mutual funds, and the idea of cashing them in to buy silver was such a foreign concept to me that I didn’t take any action. The unfortunate part is that he was the 2nd or 3rd person I had heard that from, and I still didn’t do anything about it. In the fall of 2008, I like most other people lost a substantial part of my portfolio when the market crashed. Had I listened to my mentors, I likely would have come out ahead rather than on the end of a big loss.

Since then, I’ve spent a lot of time and money getting educated about how our financial systems really work, and understanding better what’s going on in the world around us. What amazes me is that despite most of the world feeling the effects of a ever escalating fiat currency problem, so few understand why it’s happening. Inflation is a result, not the cause of the problems. I believe we’re about to see another major meltdown in the markets, and yesterday’s dramatic drop may have been the first step. I’m making it my mission to help as many people as I possibly can avoid a repeat of 2008 by sharing what I know, and encouraging everyone to get educated. Being ignorant to these issues can only lead to suffering the consequences. Money doesn’t dissappear, it simply transfers. And if the greatest wealth transfer in history is about to occur, some people are going to profit from it, and the majority are going to lose much of their wealth. I want to see more people profit!

For more mentoring tips get a FREE copy of "The MENTOR Method to a Wealth Mindset" report here.

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