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Merry Christmas

A New Trend Is Born...

Question: If nearly 30% of all new parents are now getting financial assistance from their parents, how are those who end up supporting their children making up the difference for their own retirement?  Think about it. ...Dennis

Young Couples Moving Back Home To Save Money For Baby

MIAMI (CBSMiami) – You’ve heard of college graduates bunking with mom and dad as they look for their first job.   But today, some would-be moms and dads are saving for their new additions in a new way.

“Young couples, when they have a child or when they’re planning to have a child, are moving back in with their parents,” said Carmen Wong Ulrich, BabyCenter Financial expert,. “Ten percent of young women are staying, living at home with their parents to save money to have children. This is a new trend.”

13% of ALL Homes In US are Underwater!

With all the talk about "recovery" let's not forget that nearly 6.4 million homeowners in the United States are still "underwater" on their mortgages, owing the bank more than their house is worth. ...Dennis

6.4mn home mortgages in US still underwater

"Nearly 6.4 million homes, or13 percent of all residential properties with a mortgage were still in negative equity at the end of the third quarter," said CoreLogic, an Irvine, California based company providing financial, property and consumer information.

Losing Ground? This Chart Says It All.

                                           (CLICK ON CHART ABOVE TO ENLARGE)

The median net worth for U.S. households headed by boomers aged 55 to 64 was almost 8 percent lower, at $143,964, than those 75 and older in 2011, according to Census Bureau data. Boomers lost more than other groups in the stock market and housing bust of 2008, and many also lost their jobs in the aftermath at a critical point in their productive years.

...

“Baby boomers are the first generation without the safety net of pensions and other benefits their parents have,” said Alicia Munnell, director of the Center for Retirement Research at Boston College. “They’re facing a much more challenging old age.”

...

Lee (refer to LINK below) is hardly the only baby boomer who didn’t save enough, worked for companies without 401(k) accounts or lost significant amounts in the financial crisis. Today, her retirement savings of $120,000 are right at the median 401(k) balance for households headed by baby boomers, according to 2011 data from the Center for Retirement Research at Boston College.

That will provide just $4,800 a year to boomers when they turn 65, assuming they take out 4 percent annually, the limit financial planners say should be withdrawn to assure retirees don’t run out of money in their lifetimes.

LINK:

Hey There's No Inflation...If You're A Vegetarian That Is...

I like to watch food prices like this because they indicate how inflation impacts the "guy in the street."  This is a good topic to discuss with your friends (and prospects) concerning the future and how people are coping with rising prices everywhere.  Of course we have a SOLUTION!  ...Dennis

Price of Ground Beef Hits All-Time High

(CNSNews.com) - The average price for a pound of ground beef hit its all-time in the United States in November, according to data released today by the Bureau of Labor Statistics.

In January 1980, when BLS started tracking the average price of 100-percent beef  ground chuck, a pound cost $1.82. By this November 2013, the same pound of ground beef cost $3.61 per pound. That was up from $3.49 per pound in October.

Retirement Unpreparedness is a GLOBAL Problem

This from The Canadian Press:  Not only are Canadians woefully unprepared for retirement, but there is a new report which shows that other industrialized countries are facing the same "ticking time bomb."   According to the US Census Bureau, 579 million people around the world are retired.  That number is expected to TRIPLE by 2050.  Their advice? "Don't rely on only ONE source of income."...Dennis

Special) - The media these days is full of reports about the Canadians' financial unpreparedness for retirement. Some recent studies show that Canadian Baby Boomers are more than $400,000 short of their individual retirement savings goal and there is a huge gap between how much money they say they will need to retire and how much they are actually saving.

Now a new global report by HSBC based on the opinions of 16,000 people in 15 countries shows Canadians are not alone in this financial predicament.

The "Waiter Terminator"...Coming to a Restaurant Near You.

Let's say you are working as a waiter and you dare complaining about needing more money.  It's now very possible that your boss may say something like, "you are welcome to quit and go find another job, because we're installing a iPad tablet that will do your job...and never complain." ...Dennis

As Fast Food Workers Go On Strike In 100 Cities, Applebees Unveils The "Waiter Terminator"

Earlier this week, restaurant chain Applebees unveiled what may soon be the "Waiter Terminator."

Most Underestimate or Have NO CLUE...

Most people DRASTICALLY underestimate how much they will be spending each year on out-of-pocket health care costs.  THE ACTUAL expenses for a 65-year old couple that retires today and lives for 25 years is estimated to be $283,000.  Are you ready for that?  How about your neighbors, friends and relatives?  This is THE top fear according to a nationwide survey.  ...Dennis

COLUMBUS, Ohio--(BUSINESS WIRE)--More than three in five (61 percent) pre-retirees now say they are “terrified” of what health care costs may do to their retirement plans. The annual survey by Nationwide Financial released today reveals the number of affluent pre-retirees jumped 30 percent from the fewer than half that used the word “terrified” last year to describe their concerns about paying for health care costs in retirement.

Healthiest Beverage On The Planet...In One Pill.

Imagine a product that has all the BENEFITS of drinking 14 cups of green tea a day. Try sharing this article with 10 people next week and then tell them about TeGreen.  It's really THAT EASY to pick up new customers...and THAT means regular VOLUME!  ...Dennis

10 Reasons Green Tea Is The Healthiest Drink In The World

Green tea is the healthiest beverage on the planet.

It is loaded with antioxidants and nutrients that have powerful effects on the body.

This includes improved brain function, fat loss, a lower risk of cancer and many other incredible benefits. 

Here are 10 health benefits of green tea that have been confirmed in human research studies.

Link to FULL ARTICLE:

"Encore Entrepreneurs" – 1 in 4 Are Interested Right NOW!

According to this study, it is HARDER for someone over 50 to return to the workforce if they've been "downsized" due to the recession.  It takes them a lot LONGER to find a job so, the author suggests, "entrepreneurship is a good way for them to use the skills that they have acquired throughout their lives."  And we just happen to have the PERFECT business for them to look at! ...Dennis  "

Baby boomers make an encore appearance in business world

An influx of entrepreneurs over the age of 50 are starting new businesses accross the nation.

When the nation’s economy crashed and the recession began, more than 13 million Americans lost their jobs — many of them nearing the age of Social Security.

In fact, a study conducted by Boston College’s Center for Retirement Research showed displaced workers over the age of 50 “are projected to be significantly worse off: their earnings are 14 to 19 percent lower over the remainder of this decade, financial assets are 22 to 30 percent lower, and they are up to 8 percent more likely to experience another layoff.”

This "Trait" CERTAINLY Applies to Our Business!

Great article and video below.  Of all the traits that would identify success in our business, I would have to say that THIS is at the top! ...Dennis

The Most Important Trait Of Successful People May Surprise You

Hey, super smart people. Got some news for you.

During a recent TED Talk, psychologist Angela Lee Duckworth said that while intelligence matters, a high IQ is not the greatest predictor of success.

Rather, the key is to have grit, or determination — the willingness to push through even when the odds are against you.

Watch Duckworth’s short lecture, and then we’ll keep going:

Read more: http://www.careerattraction.com/the-most-important-trait-of-successful-people-may-surprise-you/#ixzz2mMjQUXI7

Hey...There's No Inflation...Unless You Use Electricity

For those who think that inflation is low (because the Federal Reserve is keeping interest rates down), I think you might want to consider the cost of electricity (something everyone MUST have to live nowadays).  October was the 11th straight month when the average price of electricity continued to creep up.  Not that big of a deal...unless you are trying to live on a budget.  Talk to your friends about it.  You have a business that can help them! ...Dennis


Price of Electricity Hit Record for October; Up 42% in Decade

The price of electricity hit a record for the month of October, according to data released Wednesday by the Bureau of Labor Statistics. That made October the eleventh straight month when the average price of electricity hit or matched the record level for that month.

The average price of electricity in October was 13.2 cents per kilowatt hour (KWH), up from 12.8 cents per KWH in October 2012—and up from 9.3 cents per KWH in October 2003.

Americans now pay 42 percent more for electricity than they did a decade ago.

- See more at: http://www.cnsnews.com/news/article/terence-p-jeffrey/price-electricity-hit-record-october-42-decade#sthash.wGqToNxY.n5rl5MZm.dpuf

Boomers More Than $400,000 SHORT On Their Retirement Goals!

As if we needed more proof that Boomers are woefully unprepared financially to retire, this article comes out of the Canadian Press which talks about the struggles of those in Canada (actually worse in the U.S.) ...Dennis

Boomers missing their retirement targets

The outlook for the future of Canada's Baby Boomers hasn't been good for a while, but a couple of recent studies seem to add more evidence to the case that they will find themselves in financial straits when they come to retire.

The BMO Wealth Institute found that Baby Boomers are significantly unprepared financially for retirement. On average, Boomers are more than $400,000 short of their individual retirement savings goal.

This is particularly concerning given that the oldest of the Boomer generation - those born between 1945 and 1964 -- turned 65 three years ago and many others are just a few years away from retirement.

Another study by the Canadian Payroll Association (CPA) said the long-term financial outlook for many Canadians is troubling because there is "a huge gap" between how much money people they say they will need to retire and how much they are actually saving for retirement.

Full article:

Remember, Remember...the 29th of November!

The Company we all LOVE is have a SPECIAL DAY.  I'm taking advantage of this to get Holiday gifts for EVERYONE on my PROSPECT LIST.  Can you think of a better way to advertise the absolute quality of the business than this?  Are you READY?  November 29th–10am MST.

(By the way...it's also a tax-deductible business expense!) ...Dennis


Click below to watch people's reaction to this limited-release product

10 FACTS That Will Blow Your Mind

As you carefully consider each of these FACTS, ask yourself the question, "WHAT can I do about it?" We have a simple and powerful solution to each of these devastating problems, and NOW is the time to share it! ...Dennis

10 Facts About The Growing Unemployment Crisis In America That Will Blow Your Mind

Did you know that there are more than 102 million working age Americans that do not have a job?  Yes, I know that number sounds absolutely crazy, but it is true.  

FULL ARTICLE:

"Unimaginable" Devastation...WE can help!

As the Philippines was hit with one of the worst storms in history, thousands upon thousands are feared dead as towns were inundated and coastal villages were swept away. 

Nu Skin is responding by sending massive amounts of food through their FORCE FOR GOOD FOUNDATION.  A LOT of people doing a LITTLE each is the essence of our business!

You can DIRECTLY participate in this effort by DONATING your own VitaMeals and/or other necessities to the cause.  Nu Skin is donating a VitaMeal for every 5-bag given by their distributors.

Weight-Loss Centers DOWN...Do-It-Yourself Systems UP...

I find this market study to be VERY interesting for us.  The "traditional" weight-loss CENTERS has been in the midst of a slow-down (Jenny Craig, Nutrisystem, and Weight Watchers were all DOWN in revenues this year.)  In fact, the ONLY major player in the market that was UP was Medifast (who markets a "system" very similar to the TR-90, BUT without the scientific, genetic-based ageLOC research.  Watch for TR90 to skyrocket as the word gets out! ...Dennis

You Won't Fatten Your Portfolio With Weight-Loss Centers

According to the market researchers at Marketdata Enterprises, the total U.S. weight-loss market grew 1.7% last year, with revenue rising to $61.6 billion from $60.6 billion the year before, and is expected to grow 2.6% this year. The biggest diet centers themselves experienced no growth in sales in 2012 and are expected to see growth about only equal to the industry as a whole through 2016.

Of the four major players in the market, only Medifast enjoyed any real growth last year, while Weight Watchers and Nutrisystem recorded negligible gains. Jenny Craig actually suffered a decline, which contributed largely to Nestle's decision to sell the weight-loss company to private equity firm North Castle Partners, which also owns the woman's diet and fitness center Curves. Analysts estimate Jenny Craig's current-year sales are roughly $329 million, an anemic performance that's been undermining the value of its parent for years.

FULL STORY:

How Does THIS FACT Drive Our Business?

The number of people who are NOT in the labor force EXPLODED by nearly ONE MILLION last month.  Imagine for a moment this FACT: This was the 3rd HIGHEST increase in people falling out of the labor force in US history!  Now you tell me–what does this say to most people about SECURITY in holding a J.O.B.? ...Dennis

Whopping 932,000 Americans Drop Out Of Labor Force In October; Participation Rate Drops To Fresh 35 Year Low

The only two charts that matter from today's distorted nonfarm payrolls report.

First, the labor force participation rate, which plunged from 63.2% to 62.8% - the lowest since 1978!

But more importantly, the number of people not in the labor force exploded by nearly 1 million, or 932,000 to be exact, in just the month of October, to a record 91.5 million Americans! This was the third highest monthly increase in people falling out of the labor force in US history.

At this pace the people out of the labor force will surpass the working Americans in about 4 years.

Colleges are Being Told...No More Student Loans!

It started last month as JPMorgan Chase sent notification to colleges that they will stop making new student loans.  The reason: "It is no longer sustainable and not the right place to allocate capital in the future." In other words...the Student "debt bubble" is about to burst.  Do you know people who were counting on student loans to help their kids get through college?  NOW is the time to talk with them about our business! ...Dennis

The student loan bubble is starting to burst

The largest bank in the United States will stop making student loans.

JPMorgan Chase has sent a memorandum to colleges notifying them that the bank will stop making new student loans this month, according to Reuters.

The official reason is quite bland.

"We just don't see this as a market that we can significantly grow," Thasunda Duckett tells Reuters. Duckett is the chief executive for auto and student loans at Chase, which means she's basically delivering the news that a large part of her business is getting closed down.

FULL ARTICLE

Question For Someone Working A JOB...

"Do you enjoy your work?"  The answer to the question will open the door to hear about our business with over 70% of the people you ask.  A Gallup report presents us with the proof – try it and find out yourself!   ...Dennis

Why 70% Of All Employees Hate Their Jobs

Look at any three people in your workplace. 

Statistically, only one of them feels good about being there.

According a recent Gallup report, more than two-thirds of U.S. workers (70%) are either "not engaged" or "actively disengaged" at work.

That’s bad news for companies already struggling to hire and retain talented employees, because "engaged employees are the ones who are the most likely to drive the innovation, growth, and revenue that their companies desperately need," Gallup says.

Full Article:

In Most States, Child Care MORE Expensive Than College...what!?!

I saw this article today in our local news.  Here in Nevada, people spend more than 13% of their yearly income on child care.  Can you believe that?  That means it is more expensive to provide for daycare for a child than college tuition.  Do you know anyone who might recognize this FACT as a reason for extra income??? ...Dennis

Report: Child Care More Expensive Than College Tuition

The cost of child care is so high in some parts of the country it's now more expensive than tuition at state colleges. That's according to a report from Child Care Aware of America.

The nonprofit group says center-based child care costs rose an average of 3% nationwide.

Massachusetts had the highest cost for full time infant care last year -- as much as $16,500 a year. Other least affordable states include Oregon, New York, Minnesota, Hawaii, Washington, Kansas, Illinois, California and Colorado.

More than 13% of income is spent on child care in Nevada. With the average family income at just under $50,000 that comes out to more than $6,400 spent on child care every year. To put that in perspective, that's about the same as in-state college tuition at the University of Nevada which averages about $6,600 a year.

The report blames price disparities on state regulations, housing, food, utilities and labor costs.

According to the report, in nearly two-thirds of the country, average child care costs were greater than yearly tuition and fees at a four-year public college.

The average cost to raise a child over 18 years is $241,080.

Full Story with Video.

Lagging Economy? Body Parts Become Cash Machines!

Many people are so desperate to make money in our economy that they are doing things they would have never believed they would do...like selling their hair to survive.   We have a better plan! ...Dennis

Bodies Double as Cash Machines With U.S. Income Lagging: Economy

Hair, breast milk and eggs are doubling as automated teller machines for some cash-strapped Americans such as April Hare.

Out of work for more than two years and facing eviction from her home, Hare recalled Louisa May Alcott’s 19th-century novel and took to her computer.

“I was just trying to find ways to make money, and I remembered Jo from ‘Little Women,’ and she sold her hair,” the 35-year-old from Atlanta said. “I’ve always had lots of hair, but this is the first time I’ve actually had the idea to sell it because I’m in a really tight jam right now.”

FULL STORY:

Baby Boomers NEXT Wave...TREND ALERT

ARE YOU AWARE that 1 of every 4 entrepreneurs starting NEW businesses are between the ages of 55 and 64???  Is this a clear opportunity or what?!?  Have you been talking to people over 55 about their future plans?....you should be! ...Dennis

Forget retirement baby boomers are creating new businesses

When it comes to who's leading the charge for new businesses it's not the kids in their parent's garages, it's their mom and dad. A new report shows baby boomers are the next wave of entrepreneurs.

"I quit my job and started seeking what I really truly wanted to do," says Patricia Halverson, The Center for Living Whole, owner.

That was a few years ago, Patricia Halverson had just beat cancer when she decided to change her life and start a business. The Ewing Marion Kauffman Foundation finds last year nearly one in four new entrepreneurs were between the ages of 55 and 64. She has been working with SCORE in Rockford. The national organization is made up of volunteers who help people start and grow their businesses.

"We see a number of people 55 and old coming to us. It's hard to put an exact percentage on it but I'd say about a third," says Vernon Wanner, SCORE, district director.

The study suggests older Americans are starting businesses when they can't find a job elsewhere. Vernon Wanner says the people he works with have a lot of different reasons for creating a start-up enterprise.

"They've had good careers, some of them have been very productive in their careers and they may be bored at home. Since 2008 some of the IRAs and 401(k)s have taken a hit so some people frankly need the money," says Wanner.

Article LINK:

OPTIMISM at the LOWEST Level of the Year

All you have to do is talk to people around you to find out just how true and accurate this CNN poll really is.  How simple is it for us to ask people their opinions? If they happen to fall in the MAJORITY opinion, then you have an excellent opportunity to tell them about our program!  ...Dennis

CNN Poll: After shutdown, America is less optimistic about economy

Washington (CNN) -- The number of Americans who say the economy is in good shape has dropped to the lowest level of the year, according to a new national poll.

And a CNN/ORC International survey also indicates that economic pessimism is growing in the wake of the government shutdown, with nearly six in 10 forecasting poor economic conditions a year from now.The poll's Tuesday morning release comes a few hours before the Labor Department announces the September unemployment report. The release of last month's jobless figures was delayed because of the 16-day partial government shutdown.

In the poll that was conducted this past weekend, 71% of those questioned say that economic conditions are poor right now, with only 29% saying that current conditions are good -- a drop of 4 percentage points since late September, just before the shutdown began.

"That number has not been particularly high in 2013, but throughout the year it has always been over 30%, making the current level of 29% the worst number since December of last year," says CNN Polling Director Keating Holland.

Only 40% say that the economy will be in good shape a year from now. That's down from 50% in June and represents the lowest level of optimism since October 2011. Some 59% say the economy will be in poor shape next fall.

The poll was conducted for CNN by ORC International October 18-20, with 841 adults nationwide questioned by telephone. The survey's overall sampling error is plus or minus 3.5 percentage points.

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