OPTIMIZING PASSIVE EARNINGS AND WEALTH.

Dear Readers:

Federal Reserve Chairman Ben Bernanke testified before the Senate today, in what is seen by many as a tenuous and weak position. His lack of enthusiasm and charisma notwithstanding, he had no solid answers to the pointed questions being asked of him by Committee Members about either the anticipated duration of the current downward economic spiral, or about what it would ultimately cost for the government to "prop up" a banking system that is in a shambles...a banking system that continues to be largely undersupervised and oversubsidized.

The American public has to revisit the ideas of financial planning, prudent investing and deferred, disciplined financial gratification. One of TNNW's newest Members might have some very helpful strategic advice.

Jake Thompson of Eagle Capital Management has some absolutely fascinating (and little-known) financial strategies for creating and preserving wealth. These particular techniques have been utilized for many years by major banks and financial institutions, as well as by some very wealthy individuals, to earn superior returns and accumulate wealth without taking any of the risks ordinarily associated with “playing the stock market” or getting involved in direct participation programs or hedge fund investing. Both Jake and his father, Dan, have done their homework -- the result is that they can make these strategies available to those of us who have been decimated by the whims of the capital markets, had their 401k plans depleted, and are (in a word) completely disillusioned. Many executives, professional and entrepreneurs now find themselves in a position where they have no latitude left for risky investments or “great investment tips.” This is for everybody.

Eagle Capital Management has a great website at http://www.becomingyourownbank.com/ which we would strongly advise that you preview. Although TNNW does not offer tax, accounting, investment, legal or financial advice (phew!), we never hesitate to recommend interesting material which could be of interest to our Subscribers and Members.

TNNW will be working with Jake and Eagle to produce a webinar series titled “Becoming Your Own Bank.” Expect to be amazed. Each of the webinars in this information-packed series (covering such topics as “arbitrage,” “dynastic trust planning” and “utilizing hidden equity”) will be an educational program of the highest quality. The series promises to be an extraordinary value. TNNW will keep you apprised of the webinar calendar.

Please stay tuned. These people might have one of the only genuinely sensible plans for disciplined saving and investing in the midst of this economic crisis. And, happily, they are not telling us to "buy now -- there are loads of bargains out there." Somehow, in today's economic environment, that type of rhetoric just doesn't ring true.

Faithfully,

Douglas Castle