Thieves Continue to Pull Off the Biggest Heist in History...Until Now!
Imagine being able to steal untold billions of dollars in apparent position without getting caught. Impossible you say. Be careful because you are most likely a victim of this heist. In fact, you may actually be giving these thieves referrals so that they can victim your friends and family.
For a piece I was not aware of how the strategy worked. It was after talking to person who was in on it that I got to see the full operation at work. I have got to state it is quite an elaborate conspiracy. It affects so many people. I couldnt believe I drop for it for so many years.
Heres how the strategy works. You travel in to a bank to open up a nest egg account. The bank representative smiles and states pleasant things to you because you brought your money to them. With a large smile the bank representative states you that you should be happy because you will be earning 1% on your money (if youre lucky). Trust me when I state you, the bank representatives smile gets bigger after you leave. Youll see why a small later.
You travel home feeling pretty good about yourself because you have got finally started working on your financial independence. Good for you! It is definitely a start. The inquiry goes is it what you were really looking for. Dont get me incorrect everyone should have got a nest egg account. But a nest egg account by nature is not designed to do you money. In fact it wont save your money either. Thats right you read it correctly. A nest egg account will not salvage your money instead it will assist slow down your spending.
Naturally you may be asking yourself how can a nest egg account not salvage my money? Heres the reply to this question. A bank pays you 1% interest on your nest egg account and the authorities warrants your money. Meaning that if the bank should travel out of business the authorities sees you that you will get your money back up to $100,000.
A additional expression uncovers just what the bank and the authorities are guaranteeing you. The bank pays you 1% interest and rising prices eats away your money at 3% per year. Inflation simply intends that your money will purchase you less than what it bought you last twelvemonth with the same money. So in other words the bank and the authorities are guaranteeing that you will lose at least 2% of your nest egg a year. This figure is arrived at by the 3% you are losing to rising prices and the 1% interest paid to you by the bank, which intends you are only losing 2% A year. That is until you calculate in the taxes you have got to pay on the 1% interest the bank paid you. However, we wont talking about the taxes in this scenario.
The bank will begin sending you credit card offers. You cognize the offers Im talking about. The credit card offers where you can transfer your balances for 0% interest for the first 6 months. After the 6 calendar months is over your interest rate travels up to around 9% Oregon more. They also offer to give you other loans for 10%-12% interest. I cognize you may be thought well when the 6 calendar months of 0% interest is up I will switch over to a different offer from another company. I trust you will.
Part of the rip-off is banks pay you 1% interest when you give them money but they do you pay them 9%-12% when you borrow your money back. Remember the money is not the banks money it is your money or another members money. Now this portion will really do you upset. Banks take your money and put it in things such as as trade goodss and do tax returns of 20%-50%. And then when you asked for it back in a loan they charge you interest. So banks can do a net income from 29%-62% on your money. When you factor in the fact that most people go on to borrow money over and over again the net income for the banks skyrocket.
After learning how the banks used my money to do themselves rich Iodine decided to utilize my money to assist do me rich. I now learn others how to do financial freedom for themselves.
Now that I have got revealed the biggest rip-off in history I am tasking you with determination a manner to make your money work for you instead of working for the banks. Sign up for my newssheet at www.themoneymotivator.com to learn how to set your money to work.
Much More Success,
David
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