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Last Minute Book Cover at the 11th Hour

Hey, guys. Thank you all so much for giving feedback about the book title! Your feedback so very helpful.

Let me know if you have any preferences between the following book covers:

5stf_red2_127

5stf_red

5stf_green

Before you give your feedback, pretend like you’ve never met me or come across any of my information. Imagine these books are in a bookstore among tens of thousands of others. Which one would cause you to pick it up and read the back cover and/or browse the contents?

### Update

Larger images: Many of you have requested larger images. I don’t have them yet. Also, for the first couple of months this will be selling primarily on Amazon so people will initially see the thumbnail. Once it’s in a bookstore, it’s still that first fraction of a second that may even be at a distance that makes the difference. Please give whatever feedback you can about that initial glance of these smaller images even if you can’t read every little word.

### Update about [financial] FREEDOM

In the comments on this post and the last one about the title, many of you have mentioned labeling the book about “financial” freedom and that the green book is better for “financial” freedom.

I had posted a preview chapter a month or two ago online, and since then the book has been drastically rewritten. The way this book is rewritten, it’s not necessary about getting rich. The 5 steps prescribe a mandatory move out of the stock market and out of the dollar. They go on to prescribe real savings with little effort. Then they offer methods of wealth BUILDING, although they are optional. Believe it or not (unlike most of you and I) LOTS of people have things they’d rather do than multiply their money. So I leave the multiplication and how much up to the reader, while I give a call to action to absolutely get out of the stock market and into simple inflation shelters.

Another item is that this is about the bigger freedom too. Congressmen vote on bills that they haven’t read. The government is taking over industries, forcing bailouts. We are accelerrating towards socialism and fascism. Every day that each one of us leaves our money in the hands of huge financial institutions we are contributing to the government/wall-street/big-corporation/lobbyist/special-interests/Fed partnership. There is a LOT of crazy stuff going on that will undoubtedly collapse our country if we don’t take all the leaches and manipulators off of our once-free market. Most people who want to do anything about our country being hijacked and our Constitution being shredded usually pursue political activism. Following the 5 steps to freedom will have a direct impact on taking the power back to the individual without having to follow political rules and jump through hoops.

So following the 5 steps to freedom is really about freedom. THE freedom. Which inevitably involves finances. But this book isn’t about getting rich. It’s about revealing the hidden systemic losses built into the average persons savings and investments, fixing those problems, and then showing the optional path to wealth building.

Please take this explanation into consideration when viewing the book. Many of you think you know what’s inside the cover and now you know it is much different than the original manuscript. Also, pretend you know nothing about what’s inside the cover as you give feedback about first impressions.  Thanks a bunch everyone!   :-)

The impossibility of bailout success and the guaranteed alternative success plan that depends on you

This is a message of prosperity rather than doom and gloom. Read through to the end.

A tremendous amount of homeowners are facing foreclosure. CNN Money reports foreclosures are up over 70% from this time last year. Banks are failing left and right, but let’s just take a look at the bailout concept in the most direct and extreme fashion for purposes of illustration.

The largest bailout possible

Imagine that every single homeowner that has less than 30% equity in their house at today’s prices receives from the Fed a check payable to their mortgage company that will pay their balance down to bring their equity to 30%. There is no more of a direct way to address the foreclosure and housing problem. What would the result be?

  1. Equity doesn’t matter. People got into mortgage loans that have payments higher than their income will support, and rising food and energy prices are lowering the household budget for mortgage payments. You could lower interest rates to 0% (forget about the market chaos that would create for a moment) and many people still wouldn’t be able to afford their homes.
  2. Home prices would fall because many would use the 30% equity in hopes of being able to sell their home and buy a less expensive home. This would accelerate the downward pressure the median home price. Many families would return to renting after touching the hot stove of home ownership. Of course, they would be seeking affordable rent which would also put a downward pressure on median home prices.
  3. I can’t estimate how many trillions of dollars would have to be created by the Fed for those types of bailout checks to be written… but you can be certain it would have a HUGE direct impact in raising inflation to levels unseen in American history. Injecting new money into the economy makes all prices go up. In this scenario, Americans would literally not be able to afford to eat if they stayed in their home. Home prices would crash almost to zero because three bedrooms and two bathrooms would become less important than food. There would be much larger social problems because, with this magnitude of inflation, food would become so expensive that theft, robbery, and violence would be the only viable means of survival for some.

A direct, swift bailout to cure economic symptoms would create very difficult times.

The smallest bailout possible

The smallest bailout is one that [Read more...]

Help me Rename My Book!

Picture 5b

Hey guys, I’m asking for some some expert marketing input and non-expert opinions  :-)

Here’s the deal… We are entering into the final stages of preparing my book for print. It was called UNLIMITED INVESTING: Break Free From Wall Street To Buil Real Wealth With Alternative Assets. Then as we were wrapping it up I realized [Read more...]

CPI Explained – Part 2 – Substitution

This picks up where a previous post left off. You may want to read that post first in order for this one make sense.

Looking at the picture above, I can only imagine that this is the way that the following idea was made into government policy. The second major way BLS’s CPI calculation policies were altered is through the concept of subsitution. In brief, this concept argues that as the price of an item rises, consumers start buying cheaper alternatives.

Consumer substitution is absolutely true. It’s a fact; we all do it. It’s a sign of inflation. We know there is significant inflation when prices of things we buy go up in price. Everything doesn’t go up equally all at the same time. As prices are rising, consumers will substitute goods to get the best deal. BLS uses this concept to reduce the mathematical weighting of items in their basket of goods that rise sharply in price. It is an assumption that [Read more...]

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