If you’re getting a sense that both your freedom and your wealth are slowly slipping away, you’re not imagining things. Both are under assault.
Taking back your freedom and wealth will require an intentional effort on your part, as well as very specific strategies to make it happen.
Taking Back Your Personal Freedom
If you were born and raised in the US, you’ve been taught to accept as an article of faith that America is the freest nation on Earth. But certain sources are now seriously challenging that assertion.
This is much more important than it’s generally assumed to be. Economic and financial freedom are closely connected to personal freedom. A measurable decline in personal freedom will result in less economic and financial freedom and opportunity.
The Cato Institute’s Human Freedom Index ranks the US 20th out of 152 countries in personal freedom. It measures human freedom in a country based on the general concept of the absence of coercive restraint.
The index uses 76 indicators of personal and economic freedom, including:
- Rule of Law
- Security and Safety
- Association, Assembly, and Civil Society
- Size of Government
- Legal System and Property Rights
- Access to Sound Money
- Freedom to Trade Internationally
- Regulation of Credit, Labor, and Business
This ranking is consistent with findings of the Legatum Institute in London, which ranks the US 21st in personal freedom as of 2014.
The Top 10 countries on the Legatum list are:
- New Zealand
- The Netherlands
- The United Kingdom
Notice that according to this list Uruguay offers more personal freedom than the US. The next ten also includes Costa Rica and Malta.
All are considered to have more personal freedom than the nation that famously bills itself as the “Land of the Free”. And at one time that was true – people flocked to the US as the freest nation on Earth.
But we’ve been stair-stepping down on the ladder of personal freedom ever since.
What went wrong?
There’s a famous Bible story in Genesis 29:29-34, in which Esau – son of Isaac – is overcome with hunger, and sells his birthright to his brother Jacob in exchange for a bowl of stew. The last verse of the passage even says, So Esau despised his birthright.
And so it has been with Americans. We’ve sold our freedoms in exchange for the modern equivalent of a bowl of stew – protection from physical harm and the perception of economic security.
Now everything from possessing certain substances, to affiliating with certain causes to making large transactions in cash are either carefully monitored, or are outright illegal.
In addition, the US has by far the largest prison population in the developed world, both in terms of raw numbers and as a percentage of the population.
Taking back your personal freedom may be a matter of relocating to one of the countries on Legatum’s top 10 list. Now that greater state control is widely seen as the answer to whatever the question is, freedom’s future in the US is not looking at all encouraging.
And that includes economic and financial freedom in addition to personal freedom.
Taking Back Freedom with Your Investments
If we make an objective assessment of the investment climate in the US today, we see three primary investments, each of which is subject to heavy manipulation:
- Fixed rate investments – interest rate returns are near zero (due to artificially low interest rates)
- A juiced up stock market, in which stocks trade at nosebleed earnings multiples (due to the aforementioned artificially low interest rates and Federal Reserve intervention)
- A manipulated real estate market, largely supported by artificially low interest rates, and Fed purchases of mortgage backed securities
None of these three investments represents true organic growth potential, all are the result of heavy manipulation/intervention, and all are subject to dramatic reversal.
If most of your money is sitting in these three assets, it’s just a question of time before either inflation or a market crash will bring your portfolio back down to earth.
But there are investment opportunities in the emerging markets outside of US that have the potential to produce much higher returns, but aren’t subject to the market forces that will ultimately take down US investment values.
Examples include foreign real estate, offshore bank accounts that pay much higher rates of return, offshore gold storage, and even moving your retirement money overseas.
There are ways to accomplish each of these strategies that are totally legal – at least for now. Should conditions in the US continue to deteriorate, the window could close on those foreign investments.
That’s why it’s important to move now.
Closer to home, you might want to consider investments in physical gold and silver bullion, as well as cash on hand, held in US dollars and in select foreign currencies.
Taking Back Freedom through Self-Employment
A big part of taking back your freedom – and wealth – is how you earn your living. With rare exception, working for someone else – particularly a large organization – mostly constrains your freedom.
After all, you’re given set hours, a daily work schedule, a limited income, and you’re even told when you can take time off. And if one day your employer decides your services are no longer required, you’ll be out looking for another job.
Self-employment doesn’t mean complete freedom, as in being able to do whatever you want whenever you want, but it can come incredibly close.
Yes, you may have obligations to customers and clients, but there is generally a considerable amount of flexibility involved. Though you may work more hours being self-employed, the fact that you have more control over your time will more than offset that arrangement.
This is even more true if your business is portable, as in being able to work from just about anywhere that you choose. This will enable you to decide exactly where you want to live, even if that somewhere may be a foreign country.
But equally important is the fact that with self-employment there is literally no ceiling on your income.
You can earn as much as your skills, abilities, and motivation will allow.
You can do this by creating a whole new businesses, or even passive sources of income. Passive income sources can include investment real estate, business ventures in which you are an investor rather than a manager, or set-it-and-forget-it type businesses that become “cash cows” after you set them up.
Taking Back Freedom by Reducing Your Reliance on The System
Much of the reason why freedom is disappearing, and wealth is being taxed more heavily, is that more people are reliant on the system than ever before. In order to take back your freedom and wealth, you will need to reduce your reliance on that system.
One major example is Social Security. Tens of millions of people rely on it either primarily or entirely for their retirement. But if you do, you’ll find yourself more economically constrained than ever before.
For that reason, you need to be prepared to live without Social Security. That means having your own investment portfolio including – but not limited to – self-directed retirement accounts, like IRAs and Roth IRAs.
Another common reliance has to do with debt. People routinely rely on debt to purchase houses, cars, investments, and even vacations and restaurant meals.
But few areas of your finances will cause you to sacrifice freedom more than going into debt. Debt, after all, represents a reduction of your future cash flow, and that constrains your ability to move forward.
Since the assault on your freedom and wealth is coming from several directions, dealing with it effectively will require counter-attacking on multiple fronts.
Accepting that your freedom is under assault, taking greater control of your investments, becoming self-employed and reducing your reliance on The System will help you to do just that.
What’s Your Next Step?
It is one thing to have information and know all of the current problems that exist, but it is another thing to have a solution to take action on those problems.
What if you could learn how to setup an offshore corporation legally?
What if you could obtain a 2nd passport in a country that offers more freedom and tax benefits?
What if you could move your assets like gold & silver offshore to avoid government confiscation?
Introducing the Passport to Freedom Conference. This is your opportunity to network and connect with like-minded individuals and professionals who specialize and setting the types of things up the right way.
This is a must-attend event and what’s even better is the fact that it takes place in beautiful Cancun Mexico. Talk about the ultimate business vacation. Click here to reserve your spot today!