I keep coming back to this, because the future changes i see coming are really troubling.
All the old advice is wrong, and getting worse.
Just like going to college, get a degree… work as a barista at Starbukins.
Our retirement savings advice is for a different time.
The things that were assets are no longer assets.
And many people do not realize that the asset status has already left.
Stocks
Already, stocks are WAY overvalued. They are not valued by what the corporation can produce, their dividends. Thus they are valued by what the next sucker will pay for them. And when lots of people are buying stocks, the market seems solid.
However, the solidity is an illusion. At any moment, the big buyers could halt trading. All of a sudden, you can't sell your shares, and down goes the price, and down, and down. (The Plunge Protection Team, inside the Fed, makes sure this doesn't happen by buying up stock with free money. And they could stop backstopping the stock market at any moment)
Also, you don't own any stock. You own a promise, on a promise, on a promise on a deal to get a stock at a certain price. When the music stops, people will find that they have nothing. All those promises mean nothing.
Further, it looks like there is GREAT fraud in the stock market. More shares are being traded then there are shares available to trade. And, at some point, it is going to become apparent that this is happening. Then, a long time of figuring out who owns what stock will start. The boomers who had stocks in their retirement fund, will probably expire before they get their stocks back.
So, basically, the retirement accounts were forced into the stock market, which has been robbed and pillaged, and soon, it will become apparent that this asset class is gone.
Real Estate
The only thing keeping the real estate market up is that no one wants to sell their house at a loss. And, so the only houses that are selling is expensive houses to rich people. But this is that Wile E Coyote moment where he has run off the cliff, and is standing on air.
There is nothing supporting the real estate market. And, soon, it will be a race to the bottom
- Boomers, who own ¼ of the houses, are about to leave their houses for a retirement home or a mortuary plot.
- Many more VAXXX deaths (or the next scamdemic) are about to befall us.
- Immigrants are about to make a run for the border.
- Huge numbers of foreclosures are now being processed.
- AirBNB has turned unprofitable, and they are selling their units.
- REITs are selling off their stock. As they can't rent for what they need to cover higher insurance and upkeep costs.
- The people that can, have been leaving the big cities.
- Builders are now paying people to buy their recently completed houses.
- Demographics are dropping. There is no longer a need for more housing.
The commercial real estate is even worse trouble. Big buildings being sold at 10¢ on the dollar.
If you want to keep some of the equity in your house, sell it last year.
Money in the bank
This used to be the gold standard asset. But, this relies on their still being a bank, a banking system, and people who want that currency.
We have entered the time when (this current incarnation of) the dollar is to die. Fiat currencies rarely last long longer than 30 years. And the dollar is getting very long in the tooth. And, of course the banksters figured they would launch a world war and then replace the dollar while no one was looking.
Too bad for the banksters, that the WW3 is not taking off. However, it also means that the dollar is going to crash right in front of our faces.
You can see all kinds of plans being enacted, and things being moved, to… Trump is looking for the gold that should be in Ft. Knox, while someone has been moving a lot of gold into America.
A gold backed digital currency seems to be in the works. (basically a CBDC, with a signing bonus)
And, this probably means that the dollar is going to REALLY CRASH, and people are going to need some assurances that tons of paper isn't printed again. Trust will be at an all time low.
But, for right now, your money in the bank is really close to disappearing.
The assets of the future
- Money in the bank will be replaced by crypto currencies (bitcoin, litecoin, and probably even doge)
- Real estate will be replaced by homesteads that you really do own. (sorry govern-cement, you are not allowed in)
- Stocks will be replaced by locally made, distributed manufacturing and actually knowing your supplier.
Everyone will have chickens, and no one will be complaining about egg prices. Nor, will they be subjected to horrible factory farm eggs.
Once you have your homestead working and your chickens laying and no-debt money, you really do not need much for retirement.
In the future (probably nearer than i want to imagine):
- Have cash (pieces of paper, not in the bank)
- Have silver (sure gold is ok, but silver will probably go 1:1 with gold, do the math)
- Have cryptos (especially bitcoin)
There will be a time when each of these will be very important.
There will be a time when the banks close/crash, and during that in between time, cash will be king.
I believe that later in THIS bull market cycle, houses/crypto will explode. "You will be shocked how much house you can get for little crypto" (of course, this could be the next bull run, but i believe it is later this year)
And cry now for the loss of your retirement saving. You might be able to shift a 401k into a self direct, you hold the bitcoin, IRA, but i do not think there is enough time left. So, mourn now, and get yourself over it. The crypto and the silver will more than make up for it. (again, we may have years left in the old system, but i am seeing things fall away as i type, so i am feeling it is months.)
One of the worst things to do in a disaster is hold onto old dreams. That prime suburban real estate, will soon be acres of abandoned tract houses. so, let it go, at least mentally. Don't ride it in to the scene of the crash.
Well, my retirement was in fact stolen from me, and what I did is what anyone that happens to and doesn't just curl up and die will do also, which is start over from scratch.
Lots of folks say this or that is illegal or has to be thus and so by law, but IME only folks that haven't tried to seek satisfaction at the bar by seeking relief from financial depredation by a transnational corporation have such illusions.
I reckon I am in a better economic situation presently than I was as the formal owner of ~$1m in assets, because I don't have any assets any transnational corporation can steal, which is a layer of security most people have no idea they lack.
Thanks!
I really hate that corporate/Bankster law is rules for thee, but not for us.
Even when the banks are found to be guilty, they just say, "oopsie" and pay a fine, and continue on with business. (see Well'its Fargone)
I am sorry you lost your money. ☹️
Money I didn't care about. The property I wanted to die on. Thanks!
I lost faith in any sort of organized or even worse, government-sponsored retirement decades ago. I have been insulating myself through the value of the company that I own which is pretty bullet-proof (construction: people are always going to need stuff built!) I think something that has been quite important for me is that I live a simple life and put away more than half of what I make each month.
I know this isn't really the topic of your post but I think the main thing that is killing most people's futures isn't necessarily bad investing, but irresponsible spending. One of my high school buddies, via nepotism almost entirely, makes SERIOUS BANK, yet the dude is kind of a financial idiot and just spends spends spends. He has 4 cars even though there are only 2 drivers in his family. He has an absolutely massive plot of land that he does nothing with other than get forced to mow the grass by the county every couple of weeks. His house is also absurdly large considering it is just him, his wife, and one child. He always has the latest gadgets the day they come out and one day when I was visiting him, even though he makes probably 3 times as much as I do, he was hesitant to go to Hooters (a ritual we have since college) because he couldn't afford it. I paid.
The thing is the guy is very close to 50 now and has made zero changes to his spending patterns because of his pension that he has what I consider to be far too much faith in. If that goes tits up, as they say, he is extremely screwed.
I believe that cryptocurrencies could be a good alternative altough there are still challenges in adoption and public acceptance.
like the cell phone, it is only a matter of time.
(time and growing pains, and people moving out of their comfort zones…)
Clif High, Penny Kelly and others say that this year there will be a significant financial crash. I think April 7, 2025 at 7 am (Monday morning) may be significant...
On March 3rd, Venus went retrograde (sometimes an indicator of financial revaluing), then Mercury passed Venus while Rx and slowing down. Mercury said, "hey wait up, I have a proposal". So Mercury turns Rx and chases after Venus. Mercury makes some gains catching up while in concourse (means agreement oftentimes astrologically).
Problem is that Venus contacts Saturn while Rx (picture a wedding dress (Venus) stepping into mud (Saturn)). This happens at 7 am April 7th. Less than 10 minutes later, Mercury stops dead in its tracks and says "the deal is unsalvageable", then turns direct in order to avoid Saturn. This is called refranation in astrology (when two planets in concourse or applying aspect do not complete). It often indicates some kind of disappointment.
Looking at the Federal Reserve chart of Dec 1913, Saturn and Neptune will be conjunct the MC at the beginning of Aries. The conjunction doesn't complete fully this year, but around Feb 20, 2026. On June 8/9 '25, Mercury and Jupiter will reach a square to this point in the Fed chart. So it may be the case that April 7 indicates a market crash, some chaos in between and around June 9th (another Monday) something important coming out financially such as proven insolvency.
So many people have been pointing at the end of March. (the beginning of April is well within bounds)
So, this square, is it the beginning or the end?
The thing i hate about astrology is that timing is really… umm, elastic?
Like, an eclipse should have a build up, and then a relieving of tension… but, that window can be very long or very short, on either side.
However, there is one thing that Kryon said long ago. That this will be a smooth transition to a new economy. Like, instead of the boat sinking, because we hear the timbers bursting, instead, the wood falls off to reveal a beautiful steel ship underneath.
There's a solar eclipse at the end of March. The 29th I think. Eclipses represent scene changes in a play (the intermission where you aren't supposed to take action). The south node represents what is being taken away from the stage and the north node is the incoming new setup. It's said to be this way because Valens says "the lights represent one's all".
I spent many years working with a translator of ancient Greek and Latin (Robert Schmidt (https://roberthschmidt.com). He tried to increase resolution through various philosophical tools and I wrote this into Delphic Oracle software. It was largely ignored by the astrological community and sometimes plagiarized.
I'm retired now.
I made a couple of posts about my feelings on the subject...
https://peakd.com/technology/@zoidsoft/the-day-my-software-sparked-massive-it-disruption
https://peakd.com/philosophy/@zoidsoft/why-i-don-t-believe-in-astrology-but-still-use-it
https://peakd.com/astrology/@zoidsoft/astrology-tapped-me-on-my-shoulder-and-i-m-tempted-to-ignore-it
I still use it because life follows patterns. I'm not convinced that it is in any way an efficient cause. The best case scenario is that it could be a material cause.
Yep, i know lots of astrology, but rarely check on the stars.
Then you tell me there is an eclipse towards the end of this month. And it is, "of course there is", even without knowing, it feels like it, and when pointed out, it's, but of course.
We really don't know much about astrology. Too much mushy stuff in this field. Too many mushy minds too.
I could see how we have lost a lot due to translation migration. And, also because we have entered a new epoch, with new stuff to learn.