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 mortgage interest rates and higher purchase prices. This has destroyed buying demand. The average American house...
Jul 01, 2025•49 min
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 the debt will lead to a financial crisis. The big question is how high can US debt go before it triggers a f...
Jun 24, 2025•52 min
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 formerly a Federal Reserve vice chair from 2018 to 2022. “Politics is now driving economics, especially...
Jun 17, 2025•50 min
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 $7T annual spending. Our government increased spending 50% from pre-COVID levels. Our population inc...
Jun 10, 2025•50 min
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 of not running out of Money 3% 95 - 100% 4% 85 - 90% 5% 65 - 70% 6% 40 - 45% If you increase your withdrawal rate, ...
Jun 03, 2025•53 min
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 the increased risk. Bond yields and higher borrowing costs will be higher until the government address...
May 27, 2025•52 min
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 the largest purchasing economy in the world. The buyer has the power. This gives the US a powerful posit...
May 20, 2025•53 min
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 higher the withdrawal rate. This would increase income for most retirees 25 - 75% guaranteed for life. Thi...
May 13, 2025•53 min
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 withdrawal rate largely impacts the likelihood of success of not running out of money in retirement. The 4% withdr...
May 06, 2025•49 min
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. This may take some time. The primary question is how long will this take? The Trump administration is ...
Apr 29, 2025•51 min
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 but were unable to keep up with the US military spending. The US economy was much larger than the Sovi...
Apr 22, 2025•49 min
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: 1. Free trade would lead to fair trade policies. Nations would follow the rules to remain trading partners....
Apr 15, 2025•54 min
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 - Subsidized dumping of products into our country designed to kill our industry. Free trade policies have been used against the US to destroy...
Apr 08, 2025•53 min
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 ignored this warning. Instead, they increasingly fixated on the promise of the new technology. The curre...
Apr 01, 2025•54 min
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 entire career. The concern is the reciprocal tariffs that will take affect 4.2.25. Even Trump has stat...
Mar 25, 2025•55 min
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. - Important for national security. - Increase good-paying jobs. 3. Reduce government spending - Causes inflation - Spending has exploded. Debt and deficit are ...
Mar 18, 2025•52 min
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 also a national finalist for Ernst and Young Entrepreneur of the Year. Out of 1,100 nominated businesses, he place...
Mar 11, 2025•53 min
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. A bank line of credit is typically established using the cash in the policy as collateral to access funds. Ty...
Mar 04, 2025•51 min
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 sales coach, Steve has helped thousands of clients generate millions in sales over the past few years in ...
Feb 25, 2025•53 min
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 prosecuted, and the funds should be refunded to the victim. The victim in this case is the US taxpayer. The taxpayer d...
Feb 18, 2025•51 min
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 demand transparency. After this, they will not accept massive waste of their tax dollars. Many financia...
Feb 11, 2025•50 min
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 buy your insurance policy, shop the best offers 5. Premium Finance: bank fund premium on a high cash value insurance poli...
Feb 04, 2025•54 min
President Trump has signed many executive orders. Some of the challenges will be resolved quickly. Others will take more time. The federal debt will likely push yields and interest rates higher for several years. Ferenc shares why this is happening. When bonds mature, the government sells a new bond at the current interest rate. About $3T of the $36T of total debt matured in 2024. That was an all-time record. Almost no one is aware that about $7T of bands will mature and have to be sold in 2025....
Jan 28, 2025•55 min
Higher bond yields (interest rates) benefits savers and punishes borrowers. How to thrive in a higher bond yield environment : 1. Pay down debt, particularly high interest debt. Your Personal Bank can accelerate debt pay-off. 2. Reduce market risk. Higher bond yields are a risk to stock market returns. Higher cost of borrowing tends to reduce company profits. 3. Increase returns in fixed assets to maximize returns. Dividend paying insurance policies, annuities, and guaranteed lifetime income his...
Jan 21, 2025•53 min
Insurance dividends are 6%+ while policy loan rates are 5-5.3%. Dividend rates currently average about 1% higher than the cost of borrowing. Dividends are expected to increase for the next 3-5 years if not longer. Many financial experts are calling this the "golden age" of fixed investments. Even if the Trump administration does everything right, some problems will take a while to fix. Debt is a major challenge. Record levels of debt requires record selling of bonds. This pushes bond interest ra...
Jan 14, 2025•51 min
The primary cause of the Revolutionary War was taxation without representation. Today we have a government that taxes us then sends billions of dollars to other countries, many who hate us. Did you vote for this? Do you support this? Most American citizens do not. The border has been open for the past 4 years. Most Americans want a secure border. The recent election proved this. The government has been involved in endless wars for decades. Most Americans are against this, yet the majority of our...
Jan 07, 2025•49 min
Ferenc shares his popular annual successful goal setting message! He shares life-changing ideas on how to identify areas of your life that could use improvement using the Wheel of Life. Ferenc also shares the 4 steps to successfully accomplish goals. Many listeners have shared successful goal setting stories over the years that were inspired by Ferenc's message. Blackrock, Goldman Sachs, and JP Morgan analysts all predict S&P 500 index returns will average 3-5% annually for the next decade. ...
Dec 31, 2024•54 min
Ferenc gets personal and shares his story for the first time in his radio career! You will be captivated by Ferenc's extraordinary story. He shares the events that shaped his life and why he thinks the way he does. Blackrock, Goldman Sachs, and JP Morgan analysts all predict S&P 500 index returns will average 3-5% annually for the next decade. If the analysts are correct, Your Personal Bank dividends, annuities, and guaranteed lifetime income will all outperform the S&P 500 over the next...
Dec 24, 2024•48 min
This is the best time to establish Guaranteed Lifetime Income in 42+ years! There are guaranteed lifetime products that offer up to a 30% bonus with a 8% guaranteed benefit increase annually. You can increase the income you receive in one year by 40%, guaranteed for life. Other products offer a 10% annual increase in your guaranteed lifetime income benefit. If you defer income for 7 years, you double your guaranteed lifetime income. The most common concern retirees have is running out of money b...
Dec 17, 2024•51 min
Investors either don’t see risks or don’t care about them. AI optimists are behaving like the investors who got burned in the Great Depression and dot-com bubble, Vanguard’s chief economist warns. The Stock Market Is Doing Something It's Never Done Before - Investors Could Be "Playing With Fire," According to Warren Buffett The Buffett Indicator shows US stocks are overvalued at 200% of GDP, one of the highest levels in history. Blackrock, Goldmann Sachs, and Vanguard all predict low stock retur...
Dec 10, 2024•54 min
