Protecting Your Retirement, 401k and IRA from the Next Recession

Over 50% of CEOs surveyed predict a recession is unavoidable

Over half of all CEOs polled in a recent study and over 60% of all CFOs say that a global economic recession will be upon us by Q1 of 2021. There simply is not enough buying activity from main street to justify the high price to earnings ratios of most stocks on the S&P and the Dow Jones right now.

How to Safeguard Your 401k or IRA from a Stock Market Correction

More than ten thousand baby boomers enter retirement everyday and over half of them have investments in the stock and equities market. None of their financial advisers are going to tell them to sell their stocks and sit in something safer like cash, they’re going to have to figure that out themselves.

The first and most important thing to do is to take care of that old 401k with your previous employer. You may not even know what’s in it, and the investments may not fare well during the next recession.

A good thing to do is to make sure 60 – 70% of your 401k or IRA are in something safe like treasuries and bonds. While you may not continue to make perceived gains from the stock market, you’ll avoid major losses when it crashes down.

One of the best investments you can consider is precious metals, because gold and silver are incredibly undervalued right now. This is why a many Americans are getting a rollover from their 401k or IRA into a Gold IRA for extra security, and to enjoy the gold bull market once it resumes again.

401k to Gold IRA rollover guide

Fewer people are Having Sex and Jewelry Stores are shutting down en masse

It should not come as a shock to most people who understand the growing number of young people still living at home with their parents, that less Americans are having sex since 1989.

To add to this newfound involuntary celibacy, younger Americans are not getting married, having kids, buying homes, or even new cars the same way baby boomers used to. This is largely due to massive student loan debt and a shortage of real jobs that people could make a career out of.

Consequently Zale’s and Jared’s jewelers have started closing down over 300 stores in the last 2 years in an effort to meet deceasing consumer demand.

Many shopping malls are seeing less foot traffic as well, and the vacancies at the once great American shopping mall are starting to make an age old institution start to look more like a ghost town.

Americans owe $700K per person to pay off all government debt

If you thought the federal debt was only $22,000,000,000,000.00 USD (still unable to ever be paid off), then you’ll be in awe to learn the real national debt is around $100 trillion.

This is because there is nothing in place to pay for social security, medicaid and medicare. No one knows how we’ll ever balance a federal budget if we ever do, again.

Recent Federal Reserve Chairmen are Trying to Keep the Stock Market Bubble Inflated

Can you trust the Federal Reserve? I don’t think they can even trust themselves.

After a 2018 where they continuously raised interest rates to increase the federal funds rate, a stock market collapse in the making at the year’s end caused Federal Chairman Jerome Powell to renege on his promises to perform “quantitative tightening” and shrink the Fed Reserve’s balance sheet.

So, instead of getting rid of all that debt the Federal Reserve incurred over the last 10 years propping up the stock market after the Great Recession, the government basically admitted that they cannot ever return things to normal. Instead, even President Trump is publicly calling for more quantitative easing and the lowering of interest rates.

All this from a President who once called the stock market a bubble.

4 REAL Ways To Make Money From Home for retirees

There are many home-based businesses and people out there attempting to get you to sign up for one. Many are frauds. What we’ve decided to do today on USAeyes-fraud.com is give you actual, real, legitimate ways to make money from home which we’ve personally investigated, and vouch for. 

Enjoy!

good businesses to start in retirementMaybe you are raising your kids and you want to continue making money. Perhaps you are older and can’t commit to a full-time employment. Or you may be sick or disabled, making it hard for you to travel to and from work on a daily basis.

Whatever the reason may be, if you are stuck at home all day everyday, you have probably thought about the money you could make working from home. There are dozens of genuine ways to earn extra cash from home. Here are a few tips on how to make money from home.

Fortunately, there are a lot of retirees starting businesses.

Taking photos

This is simply an easy way to make extra money from home. If you have a good camera, you can take best quality shots and list them to different photo sites. These platforms get millions of visitors each day that are interested in buying quality images.

People who want to portray some important moments of their lives will also hire you to take their photos. If you are just starting out, chances are you won’t have top-notch gear to take quality shots. Good news: There are a plethora of places that can lease you all the gear you need.

Teaching

Do you love teaching? If your answer is yes, you can earn money by teaching students or anyone who may need help as long as you choose a subject in which you have a fair amount of knowledge. You can also create educational materials and sell them to students or teachers who may need them—things such as worksheets, activities, teaching plans and other things that you may have created yourself.

You can also sell your educational materials to others via websites like eNotes and Teachers Pay Teachers.

Dog sitting

If you love pets, dog sitting and boarding can be a fun and easy way to make cash from home. As most families own a dog and many of them go to work without their pets, there’s a lot of cash to be made by providing these services.

You can start your own dog-sitting business at home or sign up as a dog sitter through Rover.com, a website that offers dog boarding and pet sitting services. Whatever option you choose, the dogs have to be fed, given water and any medicine they may require.

Sewing

This can be another unique way to make money from home as people all over the globe are fond of wearing different attractive types of clothes. If you have a sewing talent, you can create and sell your clothing from home.

You don’t need to know how to stitch everything. If you can turn out an excellent duvet cover, pant or matching pillow cases, then create business cards and pass them to your local fabric stores, dry cleaners and pin them on as many bulletin boards as you possibly can.

These are some of the genuine ways you can make some extra cash from home. Like other jobs, these jobs require an investment of both time and energy. While they will to make you a fortune, they can give you a reasonable second income.

Thanks for reading our ideas for retiree based businesses