It doesn't mаttеr if you аrе rеtіrеd nоw, оr іf yоu plаn tо rеtіrе іn thе futurе…..
Editor's note At The Classy Investors, we are serious about being your "eyes and ears" for special opportunities for you to take advantage of. The message below from one of our partners is one we think you should take a close look at.
It doesn't matter if you are rеtired nоw, or if you plаn to retire in the future…
According to this economist (ranked #1 by Bloomberg for job forecasting)...
During his few weeks as Vice President, Harry Truman scarcely saw President Franklin Roosevelt, and received no briefing on the development of the atomic bomb or the unfolding difficulties with Soviet Russia. Suddenly these and a host of other wartime problems became Truman's to solve when, on April 12, 1945, he became America's 33rd President. During his few weeks as Vice President, Harry S. Truman scarcely saw President Roosevelt, and received no briefing on the development of the atomic bomb or the unfolding difficulties with Soviet Russia. Suddenly these and a host of other wartime problems became Truman's to solve when, on April 12, 1945, he became President. He told reporters, "I felt like the moon, the stars, and all the planets had fallen on me." Truman was born in Lamar, Missouri, in 1884. He grew up in Independence, and for 12 years prospered as a Missouri farmer. He went to France during World War I as a captain in the Field Artillery. Returning, he married Elizabeth Virginia Wallace, and opened a haberdashery in Kansas City. Active in the Democratic Party, Truman was elected a judge of the Jackson County Court (an administrative position) in 1922. He became a Senator in 1934. During World War II he headed the Senate war investigating committee, checking into waste and corruption and saving perhaps as much as 15 billion dollars. As President, Truman made some of the most crucial decisions in history. Soon after V-E Day, the war against Japan had reached its final stage. An urgent plea to Japan to surrender was rejected. Truman, after consultations with his advisers, ordered atomic bombs dropped on cities devoted to war work. Two were Hiroshima and Nagasaki. Japanese surrender quickly followed. In June 1945 Truman witnessed the signing of the charter of the United Nations, hopefully established to preserve peace. Thus far, he had followed his predecessor's policies, but he soon developed his own. He presented to Congress a 21-point program, proposing the expansion of Social Security, a full-employment program, a permanent Fair Employment Practices Act, and public housing and slum clearance. The program, Truman wrote, "symbolizes for me my assumption of the office of President in my own right." It became known as the Fair Deal. Dangers and crises marked the foreign scene as Truman campaigned successfully in 1948. In foreign affairs he was already providing his most effective leadership. In 1947 as the Soviet Union pressured Turkey and, through guerrillas, threatened to take over Greece, he asked Congress to aid the two countries, enunciating the program that bears his name–the Truman Doctrine. The Marshall Plan, named for his Secretary of State, stimulated spectacular economic recovery in war-torn western Europe. When the Russians blockaded the western sectors of Berlin in 1948, Truman created a massive airlift to supply Berliners until the Russians backed down. Meanwhile, he was negotiating a military alliance to protect Western nations, the North Atlantic Treaty Organization, established in 1949. In June 1950, when the Communist government of North Korea attacked South Korea, Truman conferred promptly with his military advisers. There was, he wrote, "complete, almost unspoken acceptance on the part of everyone that whatever had to be done to meet this aggression had to be done. There was no suggestion from anyone that either the United Nations or the United States could back away from it." A long, discouraging struggle ensued as U.N. forces held a line above the old boundary of South Korea. Truman kept the war a limited one, rather than risk a major conflict with China and perhaps Russia. Deciding not to run again, he retired to Independence; at age 88, he died December 26, 1972, after a stubborn fight for life. The Presidential biographies on WhiteHouse.gov are from "The Presidents of the United States of America," by Frank Freidel and Hugh Sidey. Copyright 2006 by the White House Historical Association.
"Inflation is a dagger aimed at the throat of your retirement plans…"
Bringing to the Presidency his prestige as commanding general of the victorious forces in Europe during World War II, Dwight D. Eisenhower obtained a truce in Korea and worked incessantly during his two terms (1953-1961) to ease the tensions of the Cold War. Bringing to the Presidency his prestige as commanding general of the victorious forces in Europe during World War II, Dwight D. Eisenhower obtained a truce in Korea and worked incessantly during his two terms to ease the tensions of the Cold War. He pursued the moderate policies of "Modern Republicanism," pointing out as he left office, "America is today the strongest, most influential, and most productive nation in the world." Born in Texas in 1890, brought up in Abilene, Kansas, Eisenhower was the third of seven sons. He excelled in sports in high school, and received an appointment to West Point. Stationed in Texas as a second lieutenant, he met Mamie Geneva Doud, whom he married in 1916. In his early Army career, he excelled in staff assignments, serving under Generals John J. Pershing, Douglas MacArthur, and Walter Krueger. After Pearl Harbor, General George C. Marshall called him to Washington for a war plans assignment. He commanded the Allied Forces landing in North Africa in November 1942; on D-Day, 1944, he was Supreme Commander of the troops invading France. After the war, he became President of Columbia University, then took leave to assume supreme command over the new NATO forces being assembled in 1951. Republican emissaries to his headquarters near Paris persuaded him to run for President in 1952. "I like Ike" was an irresistible slogan; Eisenhower won a sweeping victory. Negotiating from military strength, he tried to reduce the strains of the Cold War. In 1953, the signing of a truce brought an armed peace along the border of South Korea. The death of Stalin the same year caused shifts in relations with Russia. New Russian leaders consented to a peace treaty neutralizing Austria. Meanwhile, both Russia and the United States had developed hydrogen bombs. With the threat of such destructive force hanging over the world, Eisenhower, with the leaders of the British, French, and Russian governments, met at Geneva in July 1955. The President proposed that the United States and Russia exchange blueprints of each other's military establishments and "provide within our countries facilities for aerial photography to the other country." The Russians greeted the proposal with silence, but were so cordial throughout the meetings that tensions relaxed. Suddenly, in September 1955, Eisenhower suffered a heart attack in Denver, Colorado. After seven weeks he left the hospital, and in February 1956 doctors reported his recovery. In November he was elected for his second term. In domestic policy the President pursued a middle course, continuing most of the New Deal and Fair Deal programs, emphasizing a balanced budget. As desegregation of schools began, he sent troops into Little Rock, Arkansas, to assure compliance with the orders of a Federal court; he also ordered the complete desegregation of the Armed Forces. "There must be no second class citizens in this country," he wrote. Eisenhower concentrated on maintaining world peace. He watched with pleasure the development of his "atoms for peace" program–the loan of American uranium to "have not" nations for peaceful purposes. Before he left office in January 1961, for his farm in Gettysburg, he urged the necessity of maintaining an adequate military strength, but cautioned that vast, long-continued military expenditures could breed potential dangers to our way of life. He concluded with a prayer for peace "in the goodness of time." Both themes remained timely and urgent when he died, after a long illness, on March 28, 1969. The Presidential biographies on WhiteHouse.gov are from "The Presidents of the United States of America," by Frank Freidel and Hugh Sidey. Copyright 2006 by the White House Historical Association.
Jimmy Carter served as the 39th President of the United States from 1977 to 1981. He was awarded the 2002 Nobel Peace Prize for work to find peaceful solutions to international conflicts, to advance democracy and human rights, and to promote economic and social development. Jimmy Carter aspired to make Government "competent and compassionate," responsive to the American people and their expectations. His achievements were notable, but in an era of rising energy costs, mounting inflation, and continuing tensions, it was impossible for his administration to meet these high expectations. Carter, who has rarely used his full name–James Earl Carter, Jr.–was born October 1, 1924, in Plains, Georgia. Peanut farming, talk of politics, and devotion to the Baptist faith were mainstays of his upbringing. Upon graduation in 1946 from the Naval Academy in Annapolis, Maryland, Carter married Rosalynn Smith. The Carters have three sons, John William (Jack), James Earl III (Chip), Donnel Jeffrey (Jeff), and a daughter, Amy Lynn. After seven years' service as a naval officer, Carter returned to Plains. In 1962 he entered state politics, and eight years later he was elected Governor of Georgia. Among the new young southern governors, he attracted attention by emphasizing ecology, efficiency in government, and the removal of racial barriers. Carter announced his candidacy for President in December 1974 and began a two-year campaign that gradually gained momentum. At the Democratic Convention, he was nominated on the first ballot. He chose Senator Walter F. Mondale of Minnesota as his running mate. Carter campaigned hard against President Gerald R. Ford, debating with him three times. Carter won by 297 electoral votes to 241 for Ford. Carter worked hard to combat the continuing economic woes of inflation and unemployment. By the end of his administration, he could claim an increase of nearly eight million jobs and a decrease in the budget deficit, measured in percentage of the gross national product. Unfortunately, inflation and interest rates were at near record highs, and efforts to reduce them caused a short recession. Carter could point to a number of achievements in domestic affairs. He dealt with the energy shortage by establishing a national energy policy and by decontrolling domestic petroleum prices to stimulate production. He prompted Government efficiency through civil service reform and proceeded with deregulation of the trucking and airline industries. He sought to improve the environment. His expansion of the national park system included protection of 103 million acres of Alaskan lands. To increase human and social services, he created the Department of Education, bolstered the Social Security system, and appointed record numbers of women, blacks, and Hispanics to Government jobs. In foreign affairs, Carter set his own style. His championing of human rights was coldly received by the Soviet Union and some other nations. In the Middle East, through the Camp David agreement of 1978, he helped bring amity between Egypt and Israel. He succeeded in obtaining ratification of the Panama Canal treaties. Building upon the work of predecessors, he established full diplomatic relations with the People's Republic of China and completed negotiation of the SALT II nuclear limitation treaty with the Soviet Union. There were serious setbacks, however. The Soviet invasion of Afghanistan caused the suspension of plans for ratification of the SALT II pact. The seizure as hostages of the U. S. embassy staff in Iran dominated the news during the last 14 months of the administration. The consequences of Iran's holding Americans captive, together with continuing inflation at home, contributed to Carter's defeat in 1980. Even then, he continued the difficult negotiations over the hostages. Iran finally released the 52 Americans the same day Carter left office. The Presidential biographies on WhiteHouse.gov are from "The Presidents of the United States of America," by Frank Freidel and Hugh Sidey. Copyright 2006 by the White House Historical Association.
There's still a way to beat "Bidenflаtion" and even come out potentially 25 times richer.
Ronald Reagan, originally an American actor and politician, became the 40th President of the United States serving from 1981 to 1989. His term saw a restoration of prosperity at home, with the goal of achieving "peace through strength" abroad. At the end of his two terms in office, Ronald Reagan viewed with satisfaction the achievements of his innovative program known as the Reagan Revolution, which aimed to reinvigorate the American people and reduce their reliance upon Government. He felt he had fulfilled his campaign pledge of 1980 to restore "the great, confident roar of American progress and growth and optimism." On February 6, 1911, Ronald Wilson Reagan was born to Nelle and John Reagan in Tampico, Illinois. He attended high school in nearby Dixon and then worked his way through Eureka College. There, he studied economics and sociology, played on the football team, and acted in school plays. Upon graduation, he became a radio sports announcer. A screen test in 1937 won him a contract in Hollywood. During the next two decades he appeared in 53 films. From his first marriage to actress Jane Wyman, he had two children, Maureen and Michael. Maureen passed away in 2001. In 1952 he married Nancy Davis, who was also an actress, and they had two children, Patricia Ann and Ronald Prescott. As president of the Screen Actors Guild, Reagan became embroiled in disputes over the issue of Communism in the film industry; his political views shifted from liberal to conservative. He toured the country as a television host, becoming a spokesman for conservatism. In 1966 he was elected Governor of California by a margin of a million votes; he was re-elected in 1970. Ronald Reagan won the Republican Presidential nomination in 1980 and chose as his running mate former Texas Congressman and United Nations Ambassador George Bush. Voters troubled by inflation and by the year-long confinement of Americans in Iran swept the Republican ticket into office. Reagan won 489 electoral votes to 49 for President Jimmy Carter. On January 20, 1981, Reagan took office. Only 69 days later he was shot by a would-be assassin, but quickly recovered and returned to duty. His grace and wit during the dangerous incident caused his popularity to soar. Dealing skillfully with Congress, Reagan obtained legislation to stimulate economic growth, curb inflation, increase employment, and strengthen national defense. He embarked upon a course of cutting taxes and Government expenditures, refusing to deviate from it when the strengthening of defense forces led to a large deficit. A renewal of national self-confidence by 1984 helped Reagan and Bush win a second term with an unprecedented number of electoral votes. Their victory turned away Democratic challengers Walter F. Mondale and Geraldine Ferraro. In 1986 Reagan obtained an overhaul of the income tax code, which eliminated many deductions and exempted millions of people with low incomes. At the end of his administration, the Nation was enjoying its longest recorded period of peacetime prosperity without recession or depression. In foreign policy, Reagan sought to achieve "peace through strength." During his two terms he increased defense spending 35 percent, but sought to improve relations with the Soviet Union. In dramatic meetings with Soviet leader Mikhail Gorbachev, he negotiated a treaty that would eliminate intermediate-range nuclear missiles. Reagan declared war against international terrorism, sending American bombers against Libya after evidence came out that Libya was involved in an attack on American soldiers in a West Berlin nightclub. By ordering naval escorts in the Persian Gulf, he maintained the free flow of oil during the Iran-Iraq war. In keeping with the Reagan Doctrine, he gave support to anti-Communist insurgencies in Central America, Asia, and Africa. Overall, the Reagan years saw a restoration of prosperity, and the goal of peace through strength seemed to be within grasp. The Presidential biographies on WhiteHouse.gov are from "The Presidents of the United States of America," by Frank Freidel and Hugh Sidey. Copyright 2006 by the White House Historical Association.
It's not gold, real estate, commodities, or any other "inflation hedge" you've heard about.
George H. W. Bush, as the 41st President (1989-1993), brought to the White House a dedication to traditional American values and a determination to direct them toward making the United States "a kinder and gentler nation" in the face of a dramatically changing world. George Bush brought to the White House a dedication to traditional American values and a determination to direct them toward making the United States "a kinder and gentler nation." In his Inaugural Address he pledged in "a moment rich with promise" to use American strength as "a force for good." Coming from a family with a tradition of public service, George Herbert Walker Bush felt the responsibility to make his contribution both in time of war and in peace. Born in Milton, Massachusetts, on June 12, 1924, he became a student leader at Phillips Academy in Andover. On his 18th birthday he enlisted in the armed forces. The youngest pilot in the Navy when he received his wings, he flew 58 combat missions during World War II. On one mission over the Pacific as a torpedo bomber pilot he was shot down by Japanese antiaircraft fire and was rescued from the water by a U. S. submarine. He was awarded the Distinguished Flying Cross for bravery in action. Bush next turned his energies toward completing his education and raising a family. In January 1945 he married Barbara Pierce. They had six children– George, Robin (who died as a child), John (known as Jeb), Neil, Marvin, and Dorothy. At Yale University he excelled both in sports and in his studies; he was captain of the baseball team and a member of Phi Beta Kappa. After graduation Bush embarked on a career in the oil industry of West Texas. Like his father, Prescott Bush, who was elected a Senator from Connecticut in 1952, George became interested in public service and politics. He served two terms as a Representative to Congress from Texas. Twice he ran unsuccessfully for the Senate. Then he was appointed to a series of high-level positions: Ambassador to the United Nations, Chairman of the Republican National Committee, Chief of the U. S. Liaison Office in the People's Republic of China, and Director of the Central Intelligence Agency. In 1980 Bush campaigned for the Republican nomination for President. He lost, but was chosen as a running mate by Ronald Reagan. As Vice President, Bush had responsibility in several domestic areas, including Federal deregulation and anti-drug programs, and visited scores of foreign countries. In 1988 Bush won the Republican nomination for President and, with Senator Dan Quayle of Indiana as his running mate, he defeated Massachusetts Governor Michael Dukakis in the general election. Bush faced a dramatically changing world, as the Cold War ended after 40 bitter years, the Communist empire broke up, and the Berlin Wall fell. The Soviet Union ceased to exist; and reformist President Mikhail Gorbachev, whom Bush had supported, resigned. While Bush hailed the march of democracy, he insisted on restraint in U. S. policy toward the group of new nations. In other areas of foreign policy, President Bush sent American troops into Panama to overthrow the corrupt regime of General Manuel Noriega, who was threatening the security of the canal and the Americans living there. Noriega was brought to the United States for trial as a drug trafficker. Bush's greatest test came when Iraqi President Saddam Hussein invaded Kuwait, then threatened to move into Saudi Arabia. Vowing to free Kuwait, Bush rallied the United Nations, the U. S. people, and Congress and sent 425,000 American troops. They were joined by 118,000 troops from allied nations. After weeks of air and missile bombardment, the 100-hour land battle dubbed Desert Storm routed Iraq's million-man army. Despite unprecedented popularity from this military and diplomatic triumph, Bush was unable to withstand discontent at home from a faltering economy, rising violence in inner cities, and continued high deficit spending. In 1992 he lost his bid for reelection to Democrat William Clinton. George H. W. Bush passed away on November 30, 2018, at the age of 94. The Presidential biographies on WhiteHouse.gov are from "The Presidents of the United States of America," by Frank Freidel and Hugh Sidey. Copyright 2006 by the White House Historical Association.
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John Quincy Adams, son of John and Abigail Adams, served as the sixth President of the United States from 1825 to 1829. A member of multiple political parties over the years, he also served as a diplomat, a Senator, and a member of the House of Representatives. The first President who was the son of a President, John Quincy Adams in many respects paralleled the career as well as the temperament and viewpoints of his illustrious father. Born in Braintree, Massachusetts, in 1767, he watched the Battle of Bunker Hill from the top of Penn's Hill above the family farm. As secretary to his father in Europe, he became an accomplished linguist and assiduous diarist. After graduating from Harvard College, he became a lawyer. At age 26 he was appointed Minister to the Netherlands, then promoted to the Berlin Legation. In 1802 he was elected to the United States Senate. Six years later President Madison appointed him Minister to Russia. Serving under President Monroe, Adams was one of America's great Secretaries of State, arranging with England for the joint occupation of the Oregon country, obtaining from Spain the cession of the Floridas, and formulating with the President the Monroe Doctrine. In the political tradition of the early 19th century, Adams as Secretary of State was considered the political heir to the Presidency. But the old ways of choosing a President were giving way in 1824 before the clamor for a popular choice. Within the one and only party–the Republican–sectionalism and factionalism were developing, and each section put up its own candidate for the Presidency. Adams, the candidate of the North, fell behind Gen. Andrew Jackson in both popular and electoral votes, but received more than William H. Crawford and Henry Clay. Since no candidate had a majority of electoral votes, the election was decided among the top three by the House of Representatives. Clay, who favored a program similar to that of Adams, threw his crucial support in the House to the New Englander. Upon becoming President, Adams appointed Clay as Secretary of State. Jackson and his angry followers charged that a "corrupt bargain" had taken place and immediately began their campaign to wrest the Presidency from Adams in 1828. Well aware that he would face hostility in Congress, Adams nevertheless proclaimed in his first Annual Message a spectacular national program. He proposed that the Federal Government bring the sections together with a network of highways and canals, and that it develop and conserve the public domain, using funds from the sale of public lands. In 1828, he broke ground for the 185-mile C & 0 Canal. Adams also urged the United States to take a lead in the development of the arts and sciences through the establishment of a national university, the financing of scientific expeditions, and the erection of an observatory. His critics declared such measures transcended constitutional limitations. The campaign of 1828, in which his Jacksonian opponents charged him with corruption and public plunder, was an ordeal Adams did not easily bear. After his defeat he returned to Massachusetts, expecting to spend the remainder of his life enjoying his farm and his books. Unexpectedly, in 1830, the Plymouth district elected him to the House of Representatives, and there for the remainder of his life he served as a powerful leader. Above all, he fought against circumscription of civil liberties. In 1836 southern Congressmen passed a "gag rule" providing that the House automatically table petitions against slavery. Adams tirelessly fought the rule for eight years until finally he obtained its repeal. In 1848, he collapsed on the floor of the House from a stroke and was carried to the Speaker's Room, where two days later he died. He was buried–as were his father, mother, and wife–at First Parish Church in Quincy. To the end, "Old Man Eloquent" had fought for what he considered right. The Presidential biographies on WhiteHouse.gov are from "The Presidents of the United States of America," by Frank Freidel and Hugh Sidey. Copyright 2006 by the White House Historical Association.
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