93 of Americans Have Gotten Poorer During the Recovery

Tuesday, 22 Apr 2014 10:24 AM

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While “middle America” struggles with rising food and gas prices, finding (or keeping) a job, and simply keeping their heads above water, an ugly truth has emerged:

The rich keep getting richer, and the rest of us are getting poorer.

A new study by the Pew Research Center finds that even though the economy started recovering in 2009, only the wealthiest have benefited in any way.

The richest 7% of America’s households saw their net worth grow by 28% during the last two years. That stands in stark contrast to the remaining 93% of households, which on average saw their net worth decline by 4%.

A large reason for this discrepancy can be attributed to one thing: the stock market.

With the market recently hitting records highs, one would assume that a rising tide would lift all boats.

Editor’s Note: Top economist explains how Obama's blunder spawns massive profit opportunity

The problem, according to a new poll by Gallup, is that a record number of Americans don’t even have a boat in the water.

As it turns out, only 52% of Americans are invested in the market right now, the lowest level since the poll began in 1998. The poll also found that the groups least likely to be invested in the markets are 30-to-49-year olds, and middle-income Americans.

To be frank, it’s easy to understand why many of us have missed the huge rebound in the market: The stock market collapse of 2008 burned us, and burned us badly. Millions of Americans saw their retirement accounts decimated, and are fearful of it happening again. They have decided to sit on the sidelines, rather than risk going through another collapse.

This decision, while understandable, is especially troublesome for the millions of baby boomers who have already retired, or had planned on retiring soon. By sitting on the sidelines and missing the market rally, they are eliminating any chance they have of recovering what was lost, and with it, all hopes of a comfortable retirement.

Even those who want to start investing in the stock market again face a daunting decision. Have I missed the rally? Will I put my money in the market only to watch it collapse a few weeks later? Where should I be investing to maximize returns, but minimize risk?

Fortunately, it’s not all bad news for those hoping to salvage their retirement portfolios and live out their golden years in comfort.

Sean Hyman, editor of the Ultimate Wealth Report, says it’s not too late to take advantage of the booming stock market, but you must pay close attention to where you invest.

“It’s critical when investing in today’s markets to focus on value. These are the stocks that Wall Street has completely mispriced. Their error gives us the opportunity to buy great companies for ridiculously cheap prices, often trading near or even below their book, or liquidation, value. This gives you a much larger margin of safety, and of course, Warren Buffett made his fortune buying great companies that Wall Street mispriced.”

Sean has spent the last two decades in the financial markets, and has helped rescue the retirement dreams of near-retirees before.

A few years ago, Sean began working with a man who was on the verge of retirement, but had only managed to save $40,000 as a nest egg.

Editor’s Note: See Sean’s favorite stock pick right now, one that he expects to rally 80% in the next four weeks!

Working directly with Sean, the man was able to boost his retirement account to just shy of $400,000 in a short period of time. The ability to help his client achieve a comfortable retirement was especially rewarding for Sean, as the man in question was his own father, Randy Hyman.

Sean has put together a video presentation where he shares the exact methods he used to quickly and safely build his father’s retirement nest egg, with the hopes that he can help millions of Americans who are in the same position his father was.

The video also features another bonus for viewers: Sean reveals his favorite investment right now, one that he says will rally 80% in the next few weeks as investors recognize a “blunder” in one of the Obama administration’s policies.

Sean points out that this company is in an “unloved” sector right now, and that Wall Street isn’t giving it any credit for its dominant market position or extreme profit opportunities. Sean says that this means the company can be bought today for an absurdly low price, and investors who get in before Wall Street realizes its mistake stand to make huge profits.

Hyman’s interview also contains two more investment picks that are part of his Ultimate Wealth Report portfolio, including ticker symbols and a full explanation of why Sean says investors need to consider adding these recommendations to their portfolio. And viewers also discover how they can get three special reports from Sean that outline additional recommendations to add to their portfolios.

“When I first heard Sean’s story of helping his father rebuild his retirement account in the nick of time, I knew it was a story I had to share with Newsmax readers,” said Aaron DeHoog, the financial publisher at Newsmax. “I know we have many readers in the same position as Sean’s father, looking for someone they can trust to help them too. That’s why I asked Sean to put together his presentation. It’s information that needs to be shared.”

Editor’s Note: For a limited time, Newsmax is showing Sean Hyman’s video presentation and revealing his #1 investment pick and how viewers can gain access to three of the Ultimate Wealth Report special reports. Go here to view it now.

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