we’re doing that already<\/a>.\u00a0 The Industrious Eileens will invest in the automakers (through their 401-k)\u00a0 and the Spendthrifty Sams will jump at the chance to buy a new car.\u00a0 At least the individuals will be deciding what to do with THEIR money.<\/p>\n","protected":false},"excerpt":{"rendered":"I’m just spitballing here but I think two simple (and temporary) actions could stimulate the economy and save the auto industry: 1-Suspend the payroll tax for a period of time. (not my idea but I like it) 2- allow a one-time, tax and penalty-free withdrawal, up to $25,000, from 401-k plans, for the purchase of […]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,8],"tags":[],"class_list":{"0":"post-7214","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-general","7":"category-investment","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1658,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1658\/keeping-up-with-what-frank-doesnt-know-earth-round-circles-sun\/","url_meta":{"origin":7214,"position":0},"title":"Keeping Up With What Frank Doesn’t Know — Earth Round — Circles Sun","author":"Jeff Brown","date":"July 25, 2007","format":false,"excerpt":"There's a mindset that has always befuddled me. It's origin seems to be grounded in the belief that if I've believed X for years, than something proclaimed to be superior to X just can't be true. Furthermore, the evidence I point to, is how many people agree with my belief\u2026","rel":"","context":"In "Retirement"","block_context":{"text":"Retirement","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/retirement\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1479,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1479\/401ks-iras-urban-myths\/","url_meta":{"origin":7214,"position":1},"title":"401(k)’s IRA’s & Urban Myths","author":"Jeff Brown","date":"May 29, 2007","format":false,"excerpt":"In a recent post, Retirement -- A New Class Being Created, I predicted a new class of retiree living a life tied to their free and clear home, with little monthly income. It inspired some interesting comments, and a question that is the inspiration for this post. One reader, Eric,\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3203,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3203\/who-should-use-eiuls-401ks-arent-cutting-it-for-most\/","url_meta":{"origin":7214,"position":2},"title":"Who Should Use EIUL’s — 401(k)’s Aren’t Cutting It For Most","author":"Jeff Brown","date":"June 3, 2008","format":false,"excerpt":"Equity Indexed Universal Life is, when simplified, investment grade insurance. It's a tool, a vehicle used by folks to create retirement income. I've written of this before, much to the chagrin of Mr. Swann. I've since put many clients into them using industry experts. Why? 'Cuz it's the right thing\u2026","rel":"","context":"In "Enduring Interest"","block_context":{"text":"Enduring Interest","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/enduring-interest\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1502,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1502\/point-weak-shout-loud-keeping-up-with-everything-frank-doesnt-know\/","url_meta":{"origin":7214,"position":3},"title":"Point Weak — Shout Loud — Keeping Up With Everything Frank Doesn’t Know","author":"Jeff Brown","date":"June 5, 2007","format":false,"excerpt":"Several days ago I wrote a piece talking about qualified plans, better known as IRA's and 401(k)'s. It was titled 401(k)'s IRA's & Urban Myths, and discussed some of the false beliefs many people have on the subject. It also brought an alternative to the table -- investment grade insurance.\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1661,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1661\/missed-fortune-and-the-wall-street-journal-the-value-of-a-50-cent-financial-planner-isabout-a-half-a-buck\/","url_meta":{"origin":7214,"position":4},"title":"Missed Fortune and the Wall Street Journal: The Value of a 50 Cent Financial Planner Is…About a Half a Buck","author":"Brian Brady","date":"July 15, 2007","format":false,"excerpt":"One of the tenets of financial advisory is the principle of fiduciary responsibility. Today, Wall Street Journal reporter, Jonathan Clements, openly criticizes the strategy Doug Andrew outlines in his best-selling book, Missed Fortune. Mr. Clements' article, When the \"Self\" in Self-Interest Isn't You, attacks the strategy as being completely self-serving\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1099,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1099\/whats-the-biggest-myth-when-it-comes-to-investing-for-your-retirement\/","url_meta":{"origin":7214,"position":5},"title":"What’s The Biggest Myth When It Comes To Investing For Your Retirement?","author":"Jeff Brown","date":"March 2, 2007","format":false,"excerpt":"Though I've written posts on this subject before, sometimes my zeal to spread the word is renewed by contrary opinions. Of course, when it comes to how folks feel about this subject, you find that very little real analysis was used. I think the problem at times is exactly what\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/7214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=7214"}],"version-history":[{"count":4,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/7214\/revisions"}],"predecessor-version":[{"id":7218,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/7214\/revisions\/7218"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=7214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=7214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=7214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}