Category: Status Blog

Current events and discussions.

NOTICE: Status Change to PMA

David Pandone, Author, Educator, Financial Literacy Advocate.

A private membership association (PMA) is not anything new, but a very old and effective business structure which has fallen from popular consciousness.

Passive Income & Practicing What I Preach

You may have seen that during the 2020 slowdown in business activity I turned to old skill sets and created a t-shirt business.  Four, if you’re counting stores, product themes, or work I did for clients running other businesses.  Is that a departure from my financial services and education content?  Not by any stretch of…… Continue reading Passive Income & Practicing What I Preach

Puzzle Pieces 2020

Jn 3:19 "... and this is your condemnation, that light is come into the world, and men loved darkness rather than light, because their deeds were evil."

If you aren’t free to pursue your dreams, you aren’t free to accumulate wealth and use your wealth to power the projects that are important to you, whatever those projects may be.  That is why this topic is included in the Wealth Strategies topic list as well as my status blog.  Your wealth is certainly…… Continue reading Puzzle Pieces 2020

Defying the Giants…

Artwork Assassin's Creed Odyssey - Battling Giants

Who Will Face This Giant? My mother named me for David, the boy who would one day be king, that faced insurmountable odds against a giant and famed Philistine warrior.  Me?  I keep suggesting ways to fight those in power and I’m getting a little irritated at those who think “they” can’t be instrumental in…… Continue reading Defying the Giants…

Contacting the US DOJ…

Fraud – “A false representation of a matter of fact—whether by words or by conduct, by false or misleading allegations, or by concealment of what should have been disclosed—that deceives and is intended to deceive another so that the individual will act upon it to her or his legal injury.” What follows is the body…… Continue reading Contacting the US DOJ…

Assembling the Puzzle Pieces

Created with GIMP

What’s been going on with all this confusion, conflict, and corruption? Harvey Schlanger pulls the pieces together on the table in front of you.  What was in a pile dumped from an unassuming box, is fitted together in the single best explanation of coordinated efforts to overthrow the strongest nation on the face of the…… Continue reading Assembling the Puzzle Pieces

How to Prepare for Financial Crisis

What can be done to brace for a market crash? What did people need that they didn’t have in March of 2020? This is what individuals, households, businesses, and countries need to have but didn’t in the Spring of 2020: When the market lost 33% over the course of four weeks from February to March,…… Continue reading How to Prepare for Financial Crisis

Orwell in America

On the morning of Tuesday, May 26 2020, I logged into social media to find a contact recommended a video on contact tracing.  I was shocked at the suggestion that our government operating under the mask of fear, would usurp so much power over the free citizens of the United States.  I posted my concerns,…… Continue reading Orwell in America

Trouncing the First Amendment

"Give me Liberty or Give me Death." Patrick Henry, 1775

Social media platforms, established by the tech-savvy who seem to drift unerringly far left, have been claiming two stakes, and changing their stance whenever it suits them!  I’ve written on this topic before because this type of discrimination has happened to me before, and has been perpetrated on conservative voices for many years. The Platform…… Continue reading Trouncing the First Amendment

Turn and Face the Strange

Meme with NASA Apollo 17 image

That first line from David Bowie’s Changes sums it up well, as does the other lines of the chorus:  “Don’t want to be a richer man…just gonna have to be a different man…Time may change me, but I can’t trace time.” What follows are my notes on the following two videos and my periodic responses…… Continue reading Turn and Face the Strange

Facing a Torrent Swimming Upstream

The multi-national corporation dogs need to be leashed.

In my opinion, you either value your own freedom and by extension the freedom of those around you or you don’t.  What that looks like for those who will say they value both your freedom and their own has become an open defiance and possibly assault upon the United States, it’s Constitution, the tenets of…… Continue reading Facing a Torrent Swimming Upstream

The End of the Fed Dollar is in Sight.

Relics of History: Fiat currency backed by nothing and tokens in scrap metal.

Cash disbursal and debt forgiveness have come to the table in many conversations from those “leading” in government and those watching closely their decisions, discussions, and actions. I’m never a proponent of “taking the easy road” when the easy road is “the wrong thing to do”, but our leadership has been doing the worst thing…… Continue reading The End of the Fed Dollar is in Sight.

Economic Impacts of Covid-19

US Silver Dollar over fiat money paper and tokens.

The impact of Covid-19 or #coronavirus is to #trigger events in sectors of the economy where a lack of fiscal or monetary integrity has weakened the #infrastructure. Some people with compromised immune and cardio vascular systems are at serious risk since this targets the lungs, but almost every soul on Earth uses #money and the…… Continue reading Economic Impacts of Covid-19

Amazing Safire Sun Project

Differing plasma formations with Safire Project.

Technology may get us through some of our problems yet… This Safire project has been doing some really interesting work over the past few years.  Their recent release discusses putting the “electric sun model” to work for practical use as a system that: produces clean energy creates a serviceable heat source remediates nuclear waste The…… Continue reading Amazing Safire Sun Project

The Elephant in the Room

The elephant in the room.

At the time of this post, we are headed for a breaking point.  The issues that arose in the banking and housing industry back in 2008 have only been expanded and become more unstable.  It’s beginning to look like the black swan event that many have been expecting since then is nearly upon us.  That…… Continue reading The Elephant in the Room

Issues with Capitalism and Oligarchy

The video below is an excerpt from the Personal Financial Education series at https://www.davidpandone.com The series strives to present and prepare people on the topics of money, finances, and growing their wealth* which should be taught in school, but isn’t. Saved from the cutting room floor, excerpted here, and added as bonus content to the…… Continue reading Issues with Capitalism and Oligarchy

Social Media and Fascism in Amerika

“Today, social media companies like YouTube, Facebook, Twitter, and others not only claim freedom from libel for the content, but also editorialize in deciding what can and cannot be said on their platforms.”

The Uphill Climb

For this status post I had to pass on a segment of Peter Schiff’s recent podcast where he discusses the relationship between your employer, government regulations, and you as an employee. Who Pays for Government Programs? In the linked podcast, Peter covers how government mandates something that costs an employer money to deliver that government…… Continue reading The Uphill Climb

In Uncle Sam We Trust

Slowly but Certainly, Social Security Is Failing. I see this routinely as I assist clients in preparing for retirement and other financial goals.  This statement is directly from the Social Security Administration’s web page that assists people with estimating their expected benefits at retirement: “The law governing benefit amounts may change because, by 2034, the…… Continue reading In Uncle Sam We Trust

Saving should be predictable.

You don’t have to be a securities analyst or a day-trader and follow the market daily to grow your personal, family, or retirement savings.  Many people do this by allowing a fund manager, a market professional, to run the mutual funds within their 401(k) or IRA accounts.  What people don’t often see is the 4.5…… Continue reading Saving should be predictable.

Your Stored Work Energy

In our culture, people tend to expand their lifestyle up to the limit of their cash flow.  Whether abundant or more humble, more money usually means nicer homes, newer cars, and more expenses.  Discretionary income is your financial power, your “stored work energy” that you decide not to spend before you even have it.  Someone…… Continue reading Your Stored Work Energy

The Banks’ Game

After the Dot-com-bubble from 2000-2003 decreased market values by nearly 50% sending hundreds of thousands of retirees back into the workforce, the banking industry systemically lowered mortgage qualification standards and drew more artificial value into the markets creating a housing bubble.  They washed their hands of the mess and sold these mortgages as bundles of…… Continue reading The Banks’ Game

What if…

What if falling-market-loss could be replaced by a guaranteed floor that prevents market loss against your account?  What if there were no taxes or penalties for using your wealth before 59-1/2?*  What if your 401(k)-rollover earned you up to a 10% bonus in your account at implementation and both capital and bonus earned future returns? …… Continue reading What if…

Testimonial Videos Premiere!

Testimonial Video Slide

I have been wanting to include some of my best clients in video testimonials for prospective clients and for new clients to review and also share.  When you find something good, something exceptional, it’s natural to want to share it with people close to you whom you care about. Each of the instructional videos I…… Continue reading Testimonial Videos Premiere!

Motive, and Opportunity…

Yes, the market’s numbers have been higher and setting records, but why? Many companies have borrowed money at near zero interest rates and are buying back their own stock. This reduces the amount of profit paid out to shareholders, and with the company buying more (generally not caring what share prices are paid), the demand…… Continue reading Motive, and Opportunity…

Which Straw? Which Camel?

More and more I find the old axiom true: its not what happens, but how you react to events, or are prepared for them, that matters. In 2008 a bursting real estate #bubble was one key event in bringing down market values in the financial sector and therefore the entire #market. While scores of mortgages…… Continue reading Which Straw? Which Camel?

“A False Sense of Security” – Jim Rickards

Jim Rickards

As I speak with prospects, clients, and participate in chats and conversation, I find that people are having three main issues indirectly related to their financial well-being: 1) Work and family keeps them busy so they have difficulty keeping up with information that can help them. 2) Most don’t have a good source of information:…… Continue reading “A False Sense of Security” – Jim Rickards

The Thinly Veiled “Hedonic” Economy

As both mainstream media news, not-so-mainstream media news, and even our current administration tout the “strength” of our present economy, we must remember that they are measuring in units that are and have been a moving target of value.  Even President Trump, who called out the misleading statistics published by the US Government as “Candidate…… Continue reading The Thinly Veiled “Hedonic” Economy

Time will tell… But don’t wait that long!

Although it’s my birthday today, I’m building a business and working on marketing that will attract new clients, so I don’t see that I’ll be taking much time to “celebrate”. I meet with friends regularly, and even had coffee with a friend planned this morning, but that got moved. In my opinion, true friendships aren’t…… Continue reading Time will tell… But don’t wait that long!

Over 60% Polled Not Comfortable with Retirement Plans

The Problems: Many people of working age are not comfortable with how their financial plans for retirement are advancing.  A link to the article that spurred my own reflection on the topic appears at the end of the article.  What follows are comments from my own perspective gleaned from working with clients on such plans…… Continue reading Over 60% Polled Not Comfortable with Retirement Plans

“Those Who Don’t Learn From History…”

… are doomed to repeat it.”  That’s how the axiom goes.  Well doesn’t this sound frighteningly familiar. Back in the early 2000’s, as a strategy to “beef up” the economy, the Federal Reserve banking cartel continued flooding the economy with easy money in a move they called “quantitative easing”, or QE2.  They had done it…… Continue reading “Those Who Don’t Learn From History…”

Retirement Expectations “Crumbling”

While many people don’t take the time to actively consider their retirement plans amid the constant press of their daily activities and schedule, it’s been suggested that such consideration today is not just important, but immanent!  It’s no surprise that the pressures of the economic times in recent history have been felt by more and…… Continue reading Retirement Expectations “Crumbling”

2018’s Current Unseen Crisis

Embedded below are three of the best interviews that I have heard lately that sum up the extent and magnitude of the economic situation that we are currently in worldwide.  In addition, I’ve added some of my own comments and perspective to try to bring those who aren’t at all familiar with the topic up…… Continue reading 2018’s Current Unseen Crisis

Oh, Not So, Mr. Ramsey!

I agree with many things that Dave Ramsey says, this is one of those rare, yet glaring exceptions. On a Facebook Meme this morning, Dave Ramsey issued, “Debt is dumb.  Cash is king.”  Without further explanation, I must take an exception to this blanket statement.    “Debt is dumb.” If you’re both broke and in-debt…… Continue reading Oh, Not So, Mr. Ramsey!

USAA and Fox’s Sean Hannity

USAA recently pulled its advertising from the Sean Hannity show on FOX’s news network due to the political content and thousands of clients are dropping their accounts! While it’s a good thing to recognize market extortion when you see it, and even more impressive to take a stand and react to it actively, many people…… Continue reading USAA and Fox’s Sean Hannity

Numismatic Coins vs. Precious Metals

Numismatic coins, valued for their rarity, beauty, and the perceived value of those that seek them, do not equate to the security of bullion; pure precious metals like gold, platinum, and silver. Precious metals all have more than one function, the first being as an instrument in trade as ‘money’.  Metals have specific characteristics that…… Continue reading Numismatic Coins vs. Precious Metals

The Newscast Crap-shoot…

I’ve posted news, that tends to be accountable and accurate, to my website and YouTube channel through RSS feeds and video highlights from independent sources. If you’re looking for an alternative to being force-fed information from one or two sources with a similar agenda, you’ll find news sources from all over the world on my…… Continue reading The Newscast Crap-shoot…

Dancing Under the Bubble Machine

On Tues., May 16, 2017 Michael Maloney released an important update to his subscribers detailing why current conditions indicate a coming market crash. He reviews market values, P/E ratios, margin amounts and other factors that indicate instability and a likely timeline for the impending event. https://www.youtube.com/watch?v=w0Oz2R0u4VM

Why I Teach:

The feeling you get when you see ‘the light go on’ is so common a phrase it’s almost trite, however, that phenomenon, the light going on, is not at all trivial. It’s difficult to express the personal satisfaction and sense of accomplishment that you feel when you realize that you may have just changed someone’s…… Continue reading Why I Teach:

News Update: 170427

Releasing Friday April 28 and entitled Guilt-Free Spending, Part 1, the next article deals with ‘buyer’s remorse’ and the guilt some people experience when spending their own money. It’s not an uncommon phenomenon!

A Cash-ionary Tale

At the time this article is being written, there are people discussing in our government representation (and in fact worldwide) the removal of cash in the form of currency from the monetary system.  While I’m no fan of the current state of our currency system, it’s important to understand the effect that such a consideration…… Continue reading A Cash-ionary Tale