Joe Plumber for President!

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I’m sorry I had to, that one is just to easy. Since Joe was the topic of most of the debate tonight I figured I would include a video that I found of Joe. Heck let’s make Joe President! Check it out, then let me know what you think. What Joe is talking about is exactly what my last video was about in the last presidential debate. This will have an impact on 401k investing, because it will affect the economy. $250,000/year is still not that much money for running a business. There are men with lawn mowing business that make more than $250K but paying for business expenses takes much of that. And why is it that politicians make up to $250K/year but they live a lifestyle that requires greater than $2 mill/year to sustain? Because they live by the rules of the rich. You can learn a little bit about the rules of the rich by reading material from Robert Kiyosaki. They look poor on paper so they pay little taxes. Those small business owners, the middle class, the rich, and the big corporations pay the most taxes. The politicians don’t know much about paying taxes, and living in the real world. If taxes are raised (and I’m not totally for sure that either candidate will actually lower taxes), then those that are paying the most taxes will be suffocated for growing economic prosperity for our country which means falling 401k retirement accounts. Higher taxes makes investing more difficult, and what about the baby boomers who have to start pulling money out of their retirement accounts to live on, are they going to be taxes more on their life line? Hmmm, broken promises scare me, remember every President has broken their promises. The Office is tough a place to be, and I think that it’s not possible to do the things that either candidate wants to do. I truly feel that the markets and that capitalism is the way to get our problems solved so we need to make good decisions that will govern and regulate the system, and cut unnecessary spending. That way I don’t have to worry about what was promised that end the end was not delivered.

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I don’t trust any politician to look after my well being, that is why I have learned how to take care of my out financial prosperity and secured my future. Learn How to Invest and how to manage your 401k account. Start today managing your future prosperity while learning how to invest in the markets via other means.

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Mission Phoenix

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