WE HAVE ALL {NOW} LEARNED THREE THINGS:
1. A female U. S. President - or vice president - is STILL a long way off . . .
2. No one should expect to EARN the right to occupy the oval office just because they selflessly devoted well over half a century of service to their fellow citizens - including years of enduring enemy-inflicted pain, suffering and humiliation that few of us could even imagine . . .
3. ‘’No one ever went broke underestimating the intelligence of the American people.'’ - H.L. Mencken (Translation: People can be easily persuaded to accept the most inferior ideas or useless products.)
FREE HINTS TO HELP YOU THROUGH THE UPCOMING BUMPY FOUR YEARS:
If you have been a DAX-DOER for a goodly amount of time, you know that for MOST of our 46 1/2 years, as THE worldwide innovator of wealth-producing systems, we have strongly and consistently advocated certain positions which are sometimes at odds with the herd of financial gurus ‘’out there'’ bent on separating you from your hard-earned . . . such as:
1. First and foremost, one must establish a life-long habit of saving as much actual cash as possible, and said monies must be kept ONLY in an FDIC protected account. Forget the promises of those who will tell you that you do not need FDIC backing - that some squirrely insurance coverage is just fine. It is NOT! Many sad sacks in our country - right now - are realizing the fallacy of THAT, eh wot?! IRAs, 401Ks and an untold number of portfolios have become virtually worthless!
2. To even have a hope of becoming personally successful you need to first acquire your very own power base - a 100% paid-for residence for you and yours. It may be ‘’ever so humble'’ but there is in fact, ‘’no place like home'’ - as long as you actually own it and are not beholden to a mortgage holder. Again, it really is too bad, but millions of people now find themselves scrabbling for a place to live only because they got too eager and too greedy and made home purchases far and above their means. Sure, you COULD blame the people who wrote those mortgages but then, I guess you could also blame the blackjack dealer at your favorite casino who took all your money when you failed to learn HOW to properly wager your bux with a DAX-sourced system - HA!
3. Right now, I’ll wager there are many MILLIONS of Americans who wish they, like yourself, had long ago become a DAX-DOER and listened to our sage advice vis-B-vis the stock and commodity markets!
Why? Because we have ALWAYS made crystal-clear that in our judgment (which we value mightily!) both are nothing more than legalized, government-sanctioned wagering schemes.
There is NO guarantee - not even a historical ‘’track record'’ - where you can buy a basket of stocks today and be assured in any way, shape or form that five to ten years from now they will be worth ANYTHING! Sure, some will go up whilst some will go down - and others will simply go OUT!
Yet, as we speaketh here, there are those aforementioned financial gurus STILL urging viewers, listeners and/or readers to buy stocks now because they’re so darn cheap. Yes, they are . . . but this is interesting:
A 26 year old fellow called into one of those gurus this A.M. and said he was starting to think about building a fund for his retirement. Was this a good time to start buying stocks? ‘’YES!'’ bellowed the guru. Then, the young fellow said, ‘’Good - I’m going to take out a mortgage on my house and buy some stocks.'’ The guru then shouts, ‘’Oh NO! Don’t do that - it’s too risky!'’
Oh, really?! Then perhaps, the young fellow should be seeking alternative counsel - if the market is so chancy that he shouldn’t borrow money to buy stocks - why would anyone recommend that he buy stocks with other monies that he may have on hand? Are those monies just to be considered as ‘’disposable?'’
4. As we have said for decades - and showed successful DAX-DOERS HOW to do it - stocks and commodities are best approached on a ‘’day-trading'’ basis. Now, that does not necessarily mean that you buy a stock tomorrow morning and sell it in the afternoon.
That may very well be the case - and it does happen often - BUT the concept is essentially that of NOT buying and holding onto any stock for the ‘’long run.'’
A good example of that: A relatively new DAX-DOER emailed last night to thank me for what he had learned in our popular ‘’DAX Millionaire’s Web Wealth!'’ ($1,000.00). He says that he bought GM last Friday when it dropped to the $4.00 range - sold it late Monday afternoon for nearly six bux and made a gross profit of $165,000.00.
THAT’s the way we approach the stock and commodity markets: In fast - out even faster, when you have a profit. And yes, I’ll bet he DID have a couple sleepless nights over the weekend - goes with the territory sometimes.
Why do we advocate not holding long term? Because any more you cannot count on ANY company BEING there in the long run. A further example involving GM: Late last night GM announced they were closing yet another of their huge plants - this one in Wyoming, Michigan that stamps out body panels for SUVs and trucks - which no longer sell at any price.
Just two years ago they had sunk 100 million dollars into a fix-up of the old plant - originally built in the 1930s. Recently, they had also successfully negotiated a new union contract and everybody thought they’d ‘’be there'’ forever. 1500 men and women are losing their jobs in that small community.
You shouldn’t need to be further convinced that American businesses now forced to operate under ridiculous rules, laws, regulations and . . . NAFTA(!) . . . are in great peril and risk the axe every day they open their doors, but just in case, start making a list of all the old timey ‘’names'’ in business and industry that no longer exist, or have been absorbed by other companies which have diluted their value.
Merrill Lynch, for example. Are you old enough to remember it was once called Merrill, Lynch, Pierce Fenner & Smith? Some years ago it devolved into just Merrill Lynch - the FIRST sign of bad things to come later . . .
Some of those companies which have been hardest hit in recent weeks were not only household names - their stock was considered to be of the ‘’widow and orphans'’ calibre - super-safe, in other words, for even the most fragile of investor.
5. Far too many segments of our economy and government today depend mostly on younger people who just have not learned from PERSONAL EXPERIENCE ‘’what’s what.'’
Even Barack Obama got the standard SAYING wrong about that fact when recently he said, ‘’Some people may think I’m green behind the years . . . ‘’ - when in reality, the phrase is ‘’WET behind the ears.’ Obama is no doubt BLACK behind his ears but surely, they ARE wetter’n a water-fall . . .
The problem with there being so many Harvard and other university-trained MBAs controlling most of our nations vital economic engines is their total lack of personal experience of having things go really, really wrong.
Few will have had any genuinely major obstacles to overcome or lived through economic dry spells that have no end in sight. They have no idea how to live their own lives prudently and instead, rely wholly - 100% - on a credit-based economy.
OLDER, WISER DAX-DOERS ARE LIVING LARGE!
As we have also said over the years, there ARE tons of $$$ to be had whether the economy is up, down or simply going crazy as it is right now. Indeed, many DAX-DOERS, myself included, made huge fortunes in just such ‘’hard times'’ - the horrible Jimmy Carter years were our greatest ‘’salad days'’ ever!
And, as in the past, we are already racking up the big bux as we take advantage of the current nutso atmosphere which has most others running scared.
Tragically, some citizens who have failed to pay heed to basic DAX tenets have actually killed off their families and then, committed suicide for good measure. Sad but true! No one should tread down those treacherous paths that so many have grown up to believe are ‘’the only way to go:'’
Life-long entitlement programs where so many things are just handed to them, borrowing as much money as they can - with little intention and no ability to repay their debts, never saving a penny and in general, just wasting money as a way of life.
Some hard lessons will need to be learned by those who, until now, have not experienced a personal financial crisis, because - and listen up here - ‘’it'’ is going to get far, far worse than ‘’it'’ is now!
If you are NOT an older, wiser DAX-DOER who is living large - pay heed to what we, who are, do that is probably vastly different from what you do - such as:
A. We long ago made certain that we had a personal abode for our family that was quickly paid for in full before anything else was considered.
Sure,you may drive around in a beater-car for awhile, eat cheap food and wear your clothes a bit longer than you’d like. Entertainment is probably highly restricted and so forth. You tighten your belt only if you’re lucky enough to even HAVE a belt - HA!
But before long - you and yours will enjoy a mortgage-burning party!
YOU ARE WELL ON YOUR WAY TO PROSPERITY!
Incidentally, RIGHT NOW is. without a doubt, the best possible time in modern history to buy yourself a house (or two or three) at give-away prices.
It’s not as easy as good ol’ John Beck tells you on his teevee infommercial, BUT there are several million properties spread across the nation right now that CAN be picked up for that proverbial ‘’song!'’
Simply go on line and check out your state’s tax sale auctions and you’ll find dozens - perhaps, hundreds of such bargains in your area, as we speak. We’re talking the likes of a property that one of my DAX Devotees picked up last month:
Ten year-old, great condition, 2500 square foot ranch with attached two-car garage, large lot, located on a primo golf course, appraised at (and listed for before the recent financial debacle) at $275,000.00.
At the tax auction, he got it for $22,955.00 - using MY Money - which will get me 50% of the final ‘’action'’ when the place is sold. Meanwhile, it’s being rented out for $1500.00 a month.
B. Successful DAX-DOERS do not borrow money from banks - they LEND it to the banks - the more the merrier! They spend their time shopping for the best rates each time a CD matures - not always so easy with the way things have been of late.
Nevertheless, there are ‘’decent'’ (if not generous) rates to be had between 4% and 5% on jumbo amounts ($100,000.00 or more) left for 12 -17 months. Check out: www.bankrate.com
C. Most DAX-DOERS have but ONE major credit card. And it will be a card that pays THEM every time they use it - with NO limits.
Some bank cards will pay you from 1.5% to as much as 5% on your purchases and will either apply those monies to your monthly bill or better still, deposit in a separate savings account that pays from 3% to 4% or more.
Oh, and of course, DAX-DOERS pay off their credit card bill IN FULL each month - NEVER-EVER carrying a balance that would incur exorbitant interest charges!
D. Many DAX-DOERS buy only vehicles that have already suffered their major initial depreciation. That’s a nice way of saying they buy used cars. I must confess that I have not bought a used car in 45 years or so but I certainly endorse the concept as a GREAT deal of $$ can be instantly saved.
One of my late doctors would always buy a two-three year old Cadillac and claimed he saved many thousands of dollars by doing so each time.
E. The smart and successful DAX-DOERS - and by the way, we have thousands of YOUNG DAX-DOERS, as well as all of us old fogeys - we ALL strive to maintain personal good health and have established sensible habits as regards foodstuffs and other substances that we humans tend to consume.
F. Finally, the uber DAX-DOER insists on helping others succeed whenever possible. It’s all based on our famous quote that, over the past several decades, has been seen by a conservatively estimated TWO BILLION PEOPLE worldwide:
‘’To reach the top of the ‘Success Ladder,’ one must grasp the next rung firmly with one hand, whilst extending the other to the fellow below.'’
-Dean F. V. Du Vall, Sr. {1969}
WITH THAT IN MIND . . .
. . . if YOU have yet to explore the possibilities of extreme wealth and success . . . OR perhaps, you’d like to take the next step UP the ol’ DAX Success Ladder . . . I’ll make you a most generous offer that will allow you to obtain a whole bunch of DAX-Stuff that may well launch your own wealth-accumulation ascent.
Send me just $25.00 - doesn’t matter if it’s a check, money order, unused postage stamps - VISA or Mastercard - whatever (we used to accept ‘’first borns'’ but we already have WAY too many cute little buggers running around BLUE HERON POINTE, as it is!)
If you want, you can email your chargecard data to NetOrders@DAXRICH.com
. . . OR, DAX-FAX to 1-269-467-4497 . . . OR, postal mail (whatever) to DAX-BYOB, Box 447, Centreville, MI 49032-0447.
Quick as a bunny rabbit on speed we will rush you a large DAX-PAX crammed with a whole bunch of wealth-potential that would normally cost you $75.00 if purchased separately.
You’ll have in your hot little hands all sorts of possibilities to get rich and certainly, something in there will punch YOUR money-button and . . . you’ll be well on your way to becoming a genuine, highly successful, HAPPY and FILTHY RICH DAX-DOER!
This offer is valid until November 14.
By then, we’ll both know who our next President will be and regardless of which one ’tis . . . believe me . . . you’re gonna NEED this specially-priced DAX-PAX just to survive - let alone, prosper - so hurry up and place your order!
And . . . if you FAIL to do that, don’t be coming around ME and pissin’ ‘n’ moanin’ about your sorrowful plight, because I will only remind you that you HAD a chance - a really GREAT CHANCE to turn yourself (and your finances) around - WAY around - but you blew it, stupid!
ALWAYS LEAVE ‘EM LAUGHING!
We were talking earlier about ‘’old folks'’ - which in the context above really means ‘’experienced and wise.'’ But HERE are some observations about older people as regards what we shall call a:
SENSIBLE SENIOR DRESS CODE
Many older men and women try to be ‘’moderne'’ in what they wear, but it would be a mistake to fashion a wardrobe based on what you see the young-uns wearing these days. For example, the following combinations do not go together and should be avoided:
1. A nose ring with bifocals
2. Spiked hair and bald spots
3. A pierced tongue and dentures
4. Mini skirts and support hose
5. Ankle bracelets and corn pads
6. A belly button ring plus a gall bladder surgery scar
7. An unbuttoned disco shirt and a heart monitor
8. Bikinis and liver spots
9. Short shorts and varicose veins
10. Inline skates and a walker
11. And for sure - never wear a thong over your Depends!
-30-
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