Saturday, January 5, 2013
On Christmas Eve, Stansberry & Associates published one of the most popular and controversial DailyWealth issues of recent memory...
Retirement Millionaire editor Dr. David "Doc" Eifrig discussed "the most dangerous 'everyday' threat to your privacy." In the essay, Doc discusses the many ways hackers can access your private information (from your e-mail account to your credit-card information) and wreak havoc on your life.
The threat exists because of the massive amount of private data available online and how connected everyone is today. From the essay...
In the essay, which you can read for free, Doc lays out several simple steps you can take to make sure your online passwords and information are safe.
It's pretty crazy when you think about it...
Today, the government admits to snooping on our phone calls and e-mails. There are cameras and microphones everywhere... and now even drones (like the ones we use to spy in Afghanistan) are rumored to populate our skies.
And that's a small part of a much larger problem... Our government, both local and federal, is broke. Even if the government doubled its tax revenue, we would still have an annual deficit.
But that hasn't stopped our government from going further into debt... Just this month, the Federal Reserve announced it would add $1 trillion a year to its balance sheet. Yes... The Fed will buy $1 trillion a year in government debt and mortgages.
This all leads to a desperate and increasingly aggressive government that will do just about anything to get money... The government is already discussing having U.S. citizens put a portion of their retirement money into government-controlled accounts. They're also seizing safety deposit boxes and auctioning off the contents.
But what can you do?
Well, Doc is outraged with this gradual stripping of our freedoms... That's why he believes you have a "moral and ethical responsibility as an American citizen to hide some of your money from the aggressive beast our government has become... until this wave has passed." He also suggests taking a few simple steps to stop the government and big corporations from spying on everything you do.
He's prepared a special report outlining all his findings. The report, which is available to his Retirement Millionaire subscribers, outlines an array of methods for going "off the grid," including how to:
Ensure your e-mail messages are never found (even if someone has access to your account)... make sure a thief cannot use your credit card, even if it's stolen... beat facial recognition so cameras can't track your every movement... legally generate tax-free income that you never have to report to the government... legally move money – as much as you want, wherever you want... and much, much, more.
He's spent years gathering the information that went into this report. You can read more here.
From a reader: I know you've all recommended books here and there, and I've read several on those suggestions, but I'll be danged if I can find them when I want them... A complete, single and findable list of recommendations, in the most favored order of each, by each and from all of the brilliant minds at Stansberry Research, would certainly be worth a darn lot to me...
If you're talking about investment books, here are the three everyone should read and re-read regularly:
If you're just talking about our favorite noninvestment fiction and nonfiction books, that's a lot harder, but here's a few we like a lot:
Steve Sjuggerud and Brian Hunt also published a good book list for DailyWealth readers. You can view it here.
And if you're interested in trading... Brian has compiled a list of classic trading-related books, titled "Five Books That Can Make You a Millionaire Trader." You can view the list here.
Date Range:12/27/2012 to 1/3/2013
Date Range:12/27/2012 to 1/3/2013