Economy | Jeff Nabers’ Self Directed IRA & Solo 401k Blog

Entrepreneurs Pursue Business Start-Ups Even in Bad Times January 25, 2010

Posted by admin2 in : Business Start-Ups , 2comments

Poor economic times are not dampening the desire for entrepreneurs to start their own business. A study recently showed that there’s little change in the number of U.S. business start-ups in good or bad times. With more people out of work, many are deciding to start their own company, instead of seek employment. They’re following their passion and ideas to create their own wealth and, when they run into obstacles, they’re finding creative ways to finance their business. With traditional funding sources drying up, watch the video to find out how one successful entrepreneur, who launched his company during the recession, received funding and used his own retirement account, Solo 401(k), to help him through difficult times. In just one year his business is booming.

To learn more about the Solo 401(k) and how it can help you, visit Nabers.com or call Nabers Group: (877) 903-2220.

The Fragility of a Consumer Economy August 4, 2009

Posted by Jeff Nabers in : Money, Personal Enjoyment, Personal Productivity, Self Directed IRA Solo 401k , add a comment

fragile

When an economy is based on healthy, sustainable activity with a balance of production and consumption, the type of depression we are in can’t happen. In our consumption-based economy, on the other hand, nothing can “stimulate” things back on track. This is because the track we were on is unsustainable. There’s no going back on it. American consumers can’t spend & consume more today in an effort to “save” the economy because we already spent and consumed the goods of today.

Despite the “green shoots” talk that all the economists and politicians are spreading on TV and in magazines and newspapers (pay no mind that these are the very people who didn’t see the crash coming–we are expected to now value their opinion about what’s going to happen next), what’s next isn’t good for the general economy. As illustrated by Ian Mathis of at Daily Reckoning, by the end of the year about 1.5 million jobless Americans will exhaust their unemployment benefits.

We know that unemployment is sky high right now (10% official figures and 20% as figured by shadowstats.com), but millions of those jobless Americans are receiving checks from the government that are continuing to pay for their rent, groceries, Venti 7 Pump White Mochas, etc. By year’s end, about 1.5 million Americans will no longer have a source of income. In other words, the further reduced consumption affiliated with unemployment hasn’t even come home to roost yet.

Waiting for the “general economy” to be brought back to life will turn out to be a disappointing plan. Your personal economy is what matters, and thriving is a matter of what you make for yourself. Just as the Soviet Union taught us that central planning doesn’t work, we will relearn that lesson as central planning continues to fail in the United States. Don’t wait around for stock markets to go into a long term rebound (as opposed to the bear market rally or “bounce back” that comes before the next leg down in every stock market crash) or for the government to get your job back for you. If anyone’s going to bring your prosperity, it’s going to be you!

Investment Opportunities July 24, 2009

Posted by Jeff Nabers in : Money, Precious Metals, Self Directed IRA Solo 401k, real estate , add a comment

grow

When listening to feedback from Nabers Group clients, one message is loud and clear, “We want to see investment opportunities from you.”

I sent out a survey to all of my clients recently, and I’d love your input too. With my activities in many circles, I have access to mounds of solid investment opportunities. If you complete this survey it can help me understand what types of opportunities you are most interested in.

Click here to take the survey.

A Huge Leap of Progress in Affordable Healthcare July 15, 2009

Posted by Jeff Nabers in : Health , add a comment

As I hear more and more about the topic of health care reform, this video I came across a while back comes to mind. It cuts through (more…)

5 Steps To Freedom: How to Cut Your Dependence on Institutions and Escape Financial Slavery July 6, 2009

Posted by Jeff Nabers in : Money , add a comment

med_5stf

Finally, it’s here! Amazon won’t have it in stock for another 2 to 4 weeks, but you can use the buy now button above to order the book and I’ll ship it directly to you immediately. (If you’ve already ordered one, it’s going out to you today.)

If you’re reading my blog, I assume you want to take control of your finances and your life. Get the book to find out…

Why a rising stock market steals from us
Why savings accounts don’t save
Why you’re on track to working harder for longer for less
An action plan for escaping financial slavery
5 simple steps to freedom

Here’s the official (more…)

Could We End The Fed? June 14, 2009

Posted by Jeff Nabers in : Money , add a comment

endthefed

The U.S. House is going to debate the “Audit The Fed” bill. I don’t pay close attention to what’s being debated and passed on the floor of the Senate of House of Representatives because what’s usually written up, sponsored, and voted on isn’t even read by our Congressmen.

This Audit the Fed bill is a different story. It’s sponsored by a Congressman who some call (more…)

Why Does Government Fail? June 3, 2009

Posted by Jeff Nabers in : Money, Self Directed IRA Solo 401k , add a comment

While everyone argues about what the government should be doing, 2 very fundamental factors are ignored.

In this video I discuss those factors. One thing I didn’t include (more…)

NY Times' Meltzer Calls for Fed To Stop Causing Inflation May 14, 2009

Posted by Jeff Nabers in : Money , add a comment

volcker

The Fed’s activities for over a decade have been very focused on creating inflation (an increase in the money supply). Allan Meltzer wrote a great article the other day summarizing how inflation isn’t the solution to our economic problems… it’s the cause.

He revisits how Fed chairman Paul Volcker came on the scene and decided to directly combat the economic problems in the 70s by simply (more…)

Book Announcement: UNLIMITED INVESTING March 31, 2009

Posted by Jeff Nabers in : Money, Precious Metals, Self Directed IRA Solo 401k, Uncategorized, real estate , add a comment

press_book

In case you haven’t heard through the grapevine, my new book, UNLIMITED INVESTING With a Self-Directed IRA LLC or Solo 401(k): Break Free From Wall Street To Build Real Wealth With Alternative Investments, will be available soon.

I’ve joined (more…)