Long Term Residual Income Opportunity Continues To Struggles For Future Retirees

“The Fed has been holding auctions to supply direct loans to commercial banks every two weeks since December.

In addition to the auctions which supply loans for 28 days to commercial banks, the Fed announced last month that it was employing Depression-era provisions to allow investment banks to borrow directly from the Fed. Previously, only commercial banks had that privilege.”

(source: Associated Press)

Many of us are facing the uncertainty these challenging economic times offer with trepidation. Concerns are growing in this climate the investments and savings we thought were once secure for our retirement years are now in question. Others who thought they could depend on those long term residual investment funds are losing their 401k’s by getting edged out of their jobs for younger lesser paid replacements and have no security to fall back on.

“Former Federal Reserve Chairman Alan Greenspan said on Tuesday the U.S. economy was in recession, and said it would be appropriate to tap public funds to resolve the mortgage-related crisis that has helped pull the economy under Greenspan went farther than the Fed has by saying outright that the economy is in a recession, although he said it is too soon to say how deep
or prolonged the downturn will be.

“Consumers are beginning to shrink in, the automobile markets are beginning to contract, production is beginning to ease, and we are in the throes of recession,” he said.

“I think if you’re going to deal with a situation like this it’s an issue for appropriated funds of the Treasury to set up something like the Resolution Trust Corporation, which as you remember was very successful in resolving the S&L crisis,” Greenspan said.

The RTC was set up to liquidate assets of troubled savings and loan associations that had been declared insolvent by the Office of Thrift Supervision. It operated between 1989 and 1995 and closed or helped resolve hundreds of thrifts, many of which had gotten into trouble through sloppy lending practices.”

(source: Reuters)

There is however an opportunity for growth that is ready to explode where long term residual income can be secured. The time is ripe for the Internet business entrepreneur. MLM as it has been known more for its pyramid schemes of that past, is quickly becoming a legitimate home based business opportunity. One example is the book published by Donald Trump and Robert Kiyaski “Why We Recommend Network Marketing” which advises the vast opportunity that is out there, if you find the right Internet Business. One such group making great strides in securing incredible residual income is the “IGB” ItsGoodBusiness Group. Focusing on the investing in purchasing already paying customers instead of spending dollars on dead end leads and over saturating their opportunity marketing to other marketers as was the norm, is sending savvy entrepreneurs right to IGB’s doorstep.

Source: By The Rant's Of A Marketing Diva