Your Personal Bank

Some leading economists and mathematicians built a computer model of the US economy to run various scenarios. Because this was such a big math problem, they used thousands of NASA and Amazon computers.   The computers were unable to create a working model because of the rising debt. Us Government Debt is currently over $36 Trillion. The increasing interest on the debt is unsustainable. The compute...

There is a lot of confusing info regarding the Big Beautiful Bill.    Forget the noise or the politics. What are the facts on some of the key aspects?   No Tax on Tips: up to $25,000 of tip income is tax-free plus your standard deduction of $15,750 for singles, $31,500 for married filing jointly.    Social Security Tax: Social Security Administration estimates 88% of seniors will no longer pay tax...

 Brigham Blackham empowers top leaders through the art of storytelling. With a background in teaching Mandarin and theater, he combines his expertise in communication and leadership to help entrepreneurs elevate their stories and drive impact through personal & professional development. As host of the Levelin' Up Podcast, Brigham focuses on building relationships that foster collaborative capitali...

Many people are confused. If houses are not selling, why are not prices not falling? There are several reasons.   Cause : Housing prices increased an average of 50% from 2019 -2024 in the US. Some areas increased up to 100%.   Strong purchasing demand plus limited inventory was the primary reason for prices increasing.   Housing affordability is at historical lows due to significantly higher mortg...

Excessive government debt has contributed to inflation and is pushing interest rates higher.   The government continues to add to the debt by spending more than it receives. The US government receives about $5T in revenues annually. They spend about $7T per year.   Higher interest rates and increasing debt is increasing interest payments on the debt at unsustainable levels.    Many are concerned t...

Pimco released a report recently and stated stocks haven't looked this expensive relative to bonds in nearly 25 years. Bonds look better than they have for a long time.  Pimco states "The traditional world order — in which economics shaped politics — has been turned on its head," according to a new five-year Pimco outlook co-written by Richard Clarida, now a global economic adviser at Pimco and fo...

Although I do not like Trump and Elon attacking each other, the conversation is very valuable and could lead to good results. Elon is bringing attention to the fact our government is taxing us too much and spending much of it on waste and fraud. The spending cuts are pathetic. The $1.5T in spending cuts is over 10 years. $150 billion per year in spending cuts is only about 2% of the approximately...

Bill Bengan published a study in the Journal of Financial Planning in 1994 that introduced the 4% withdrawal rule. His study recommended initially withdrawing 4% from your portfolio to ensure you will not run out of money in retirement.    The financial industry ran with this recommendation ever since.    JP Morgan projects the following on a typical portfolio:  Withdrawal Rate         Likelihood...

Moody's downgraded the US credit rating for the first time in history. This is the last of the 3 major credit agencies to downgrade the US credit rating. The primary concern is the increasing level of government debt.   As a result, the 30-year treasury bond yields rose to 5%. This is the highest level since 2007. Bond buyers will demand higher interest (yield) to purchase government bands due to...

China and the US have agreed to pause the 145% US tariffs and 125% Chinese tariffs for 90 days while they negotiate an agreement.   If the high tariff rates had gone into effect, it would have been similar to a trade embargo. Both countries have realized a trade embargo would be devastating to both economies.    The US imports about 5 times more from China than China imports from the US. The US is...

Many companies and people focus on a number to achieve a comfortable retirement.   Retirement is not about obtaining a number. It is about cash flow.   The 4% withdrawal rate is often recommended to ensure you don't run out of money with a high degree of certainty.   Guaranteed Lifetime Income products provide 5-7% withdrawal rates guaranteed for life depending on your age. The older you are, the...

The 2025 Allianz Retirement Survey key findings:   64% of Americans worry more about running out of money in retirement than about death.   The primary causes of their concerns are:    - 54% cite the increased prices of goods due to inflation    - 43% fear Social Security will not provide enough financial support as needed    - 43% state high taxes negatively impact their economic situation   Your...

The tariff policy is not just about tariffs. This is about economic power and control.  China and the US want to dominate future technology. China and the US are decoupling economically.  This is similar to the Cold War with the Soviet Union. That was a military conflict. We are in the beginning of an Economic Cold War with China. Divorces can be amicable or messy. So far, China is fighting back....

The tariff policy is not just about tariffs. This is about economic power and control.  China and the US want to dominant future technology. China and the US are decoupling economically.  This is similar to the Cold War with the Soviet Union. That was a military conflict. The US eventually won the Cold War by outspending the Soviet Union, but it took years. They tried to keep up military spending...

The stock market is moving up to 8-9% up and down daily. The volatility is stomach churning.   The primary concern is tariffs. It is uncertain if China will agree to a fair trade deal.   China exports five times more to the US than the US exports to China. Tariffs affect China far more than the US. They are at a significant disadvantage.   Globalist free trade proponents promised they following:  ...

The reciprocal tariff policy is about Fair Trade vs. Free Trade.    Reciprocal tariffs will be calculated both the monetary and non-monetary totals.  The US will tariff the other country about half of the tariff charged to the US.   Non-tariff barriers are often worse. -        Currency manipulation -        VAT tax -        Export subsidies -        Counterfeit products -        Technology theft...

It was a period of unfettered optimism. Nearly everyone thought the sky was the limit, it was a new era, valuations didn't matter. The only thing that mattered was how much you put into it, because it was going to continue to climb. Recently, greed was at extreme levels.   Former Fed Chairman Alan Greenspan had warned about "irrational exuberance" in the stock market as early as 1996. Investors ig...

Ironic that the advice always the same. Stay the course. Hang in the there. It will get better. Yet, institutional investors, hedge funds, Warren Buffett have significantly reduced their exposure to stocks. Hedge funds sold the highest percentage of stocks in early March 2025 since the 2020 COVID correction. Warren Buffett sold the most stocks last year, both total amount and percentage, in his en...

The Trump administration wants:    1. Fair trade rather than free trade.            - Many countries have taken advantage of the US for decades.            - Reciprocal tariffs are fair, stop taking advantage of the US.            - Making things in the US eliminates tariffs.      2. Bring manufacturing back to the US, build things again.            - The US barely builds anything anymore.        ...

Ishan shares his fascinating personal story.    His first job was an insurance agent learning from Ferenc with  Your Personal Bank .    Ishan Patel, CEO/Founder of Audien Hearing  was recently named top 3 entrepreneur of the year in the November 2024  Entrepreneur Magazine. https://www.entrepreneur.com/ leadership/how-audien-is- revolutionizing-hearing-aids- for-1-million/481105   Ishan Patel was...

Your Personal Bank TM is a financial concept that strategically integrates financial tools from the  banking and insurance industries   to continue growth on funds even after you access the funds for other purposes.   Your Personal Bank TM is a two step process.   1. A high cash value policy is established to maximize cash growth, insured, with guarantees, income tax-free, and highly liquid.    2....

Steve Trang started the Real Estate Disruptors podcast in 2018 to inspire wholesalers and real estate agents to double their incomes by adding a second leg to their business – working together on investment properties. The podcast has grown to over 100,000 downloads per month and over 3 million YouTube views, with new guests sharing their success stories and imparting advice every week.    As a sa...

The amount of money wasted by the Federal Government is astounding. This level of waste is not incompetence, it is fraud.   $2.7 trillion has been sent to recipients overseas who were not qualified to receive Social Security since 2003.  This corruption has been happening for decades.    Social Security is not going broke. It is being stolen.    Just like any fraud, the thieves should be prosecute...

Most of Trump's executive orders are not changing anything. They are using common sense and moving the country back to it's foundational principles.   The level of fraud and waste being exposed are shocking. This is a revolution of bureaucracy versus democracy. It is as significant as 1776 or the Civil War.   This will likely result in a generational shift in how government operates. Citizens will...

We specialize in the following financial products:        1. Your Personal Bank: High Cash Value - Whole and Indexed Universal Life insurance policies      2. Fixed and Index Annuities: grow your money without market risk, access to over 50 companies      3. Guaranteed Lifetime Income: create income you cannot outlive, often referred to as a private pension      4. Life Settlements: companies will...