5 Tracks of Wealth

401(k) BLAHHHH! 2nd Hour: Corruption in the Banking System!

[podcast]http://www.5tracksofwealthradio.com/shows/PPHR-KTALK-9-17-2008.mp3[/podcast] Problems with the 401k! The government has complete control of your money in a 401(k)! 2nd Hour: Barry James Dyke, author of ‘The Pirates of Manhattan’ discusses corruption in the banking world! The bottom line, ‘GREED!’. Fractionalized banking. For more information on Barry Dyke and his book visit thepiratesofmanhattan.com !

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The Retirement Titanic! Average Vs Actual

[podcast]http://www.5tracksofwealthradio.com/shows/PPHR28-8-27-2008.mp3[/podcast] Brandon Allen and Chris Miles conclude their 4 part series dealing with finances and retirement. Reaction to Neil Cavuto’s comment that- The 401k is mindless savings and a no brainer! The retirement titanic! Average Vs. Actual. For more info go to producerpowerhour.com .

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Return of the Market Stats!

We will talk about this very topic a lot tomorrow. When you meet with an advisor about setting up a plan. You will always hear the plans average rate of return vs. the actual rate of return for that investment. As you can see by this illustration, these numbers can be misleading. I think this [...]

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The qualified plan Iceberg. Is a 401k really a no brainer?

Our last installment of our financial series will deal with the actual numbers of particpating in a qualified plan. I am posting these now so that they can be reviewed as we talk about them on the show Wednesday. We will deal with Actual vs. Average rate of return and what a qualified plan truly [...]

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Fear of the 401k hoax.

I have found it interesting, since the release of Killing Sacred Cows has come out, how many people are still so attached to the concept of continuing to put money into a 401k or qualified plan. They are so attached in fact that they wouldn’t consider an alternative even though their current strategy is failing [...]

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