This week we celebrate Independence Day, ‘the 4th of July”.
Many of us do not realize or forgot what this day represents. It is our Declaration of Independence from the oppression of the British government. Our day of independence from ‘taxation without representation’.
Those who signed this Declaration of Independence essentially signed their own ‘death’ warrant. Without these brave men America might not have become the great free nation that it is.
Freedom was the center post of this day.
We had been relying on the British to protect us and paid dearly for this protection. We realized that we could protect ourselves and realize our own dreams.
As an ironic twist. Last year the citizens of Great Britain voted to declare their independence from the European Union. This vote rattled the equity markets around the globe. As of today much of that decline has been recovered.
One has to wonder whether Great Britain will celebrate Independence Day on June 24, like we celebrate Independence Day on July 4th. Hopefully, the British can repeat our success over the last 241 years.
Currently, we as a nation are again relying on others to secure our future. We rely on the federal government to feed us, provide medical care and other essentials. We rely on the Wall Street bullies, including life insurance companies, to tell us what to do with our hard earned money.
Perhaps this week we should seek our own independence from these bullies. You do not have to risk your life like our fore fathers, but you can become more accountable for your own financial future.
You can protect the future you from the current you.
We continually rely on the federal government, our union leaders, the Wall Street bullies, life insurance companies, the media and on and on. Yes, you may have to experience some short term pain when equities decline. The long term benefits, however, far outweigh these painful times.
Fortunately for us, our 1776 ancestors did not shy away from risk.
Stop being a victim and hire an investor coach to help you achieve your own independence.