“It is Not how Much we Earn, it is how Much we Keep”

“It is Not how Much we Earn, it is how Much we Keep”

“It is Not how Much we Earn, it is how Much we Keep”


This was the week that Q-1 earnings came into focus, politics took the headlines, the US market broke out.

It is not about risk and return, it is about controlling and directing all of your income, Author Dan Thompson explains.

“Most people will make well over a million dollars in their lifetime. It’s not how much you make its how much you keep that makes the difference,” said Mr. Thompson, who has owned and managed his own investment firm since Y 1990.

“How much of this million dollars that they get to save and put away will determine their future lifestyle and retirement,” he says.

For the past several years Mr. Thompson has adapted a very non-traditional and contrarian approach to financial planning, and written a book on it, called “The Banking Effect: Acquiring wealth through your own Private Banking System.”

Frustrated with markets and financial “buzz” words, he thought there had to be a better way to wealth.

“It just got so frustrating because even though we were trying to do it the way “the Wall Street way,” it just wasn’t working. It was time to either find a better way,” he said this week in an interview.

Now utilizing models and strategies not often heard of in the financial community, he finds cutting edge ways to produce financial results without the risk normally associated with financial planning.

“Those who learn how to direct and keep the majority of these income dollars will have a higher net worth and create wealth far beyond those who relied upon rate of return,” he said.

“How you make purchases will also either increase or decrease net worth. It is really that simple. The banking effect on your finances has more power to create wealth than nearly any other means available. Add tax benefits to the mix and it even gets better,” he said.

Some conventional Wall Street products to also help people plan a comfortable retirement.

As an example, he cites the Roth IRA. “It really is the last place you can put money and really if you handle it right avoid taxes generation after generation. So it’s designed differently, it’s not a typical or we’ll call vanilla, out-of-the-box traditional policy. It’s designed for cash value and it’s designed to maximize those tax advantages,” he said.

It is your money, and so it is your responsibility, pay attention, learn all you can on a continuing basis.

Friday, the US major stock market indexes finished at: DJIA -30.95 at 20547.76, NAS Comp -6.26 at 5910.51, S&P 500 -7.15at 2348.69

Volume: Trade on the NYSE came in heavy again Friday at about 1.15-B/shares exchanged.

  • NAS Comp +9.8% YTD
  • S&P 500 +4.9% YTD
  • DJIA +4.0% YTD
  • Russell 2000 +1.7% YTD
HeffX-LTN Analysis for DIA: Overall Short Intermediate Long
Neutral (-0.05) Bearish (-0.39) Neutral (-0.04) Bullish (0.29)
HeffX-LTN Analysis for SPY: Overall Short Intermediate Long
Neutral (-0.04) Bearish (-0.33) Neutral (-0.17) Bullish (0.38)
HeffX-LTN Analysis for QQQ: Overall Short Intermediate Long
Neutral (0.20) Neutral (0.08) Bullish (0.35) Neutral (0.17)
HeffX-LTN Analysis for VXX: Overall Short Intermediate Long
Neutral (0.00) Bullish (0.37) Neutral (-0.06) Bearish (-0.29)

Have a terrific weekend

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