Ad for 702 Accounts adds luster to Clinton campaign.
I just ran into an ad that many may have already seen but it's worth a closer look-see since a couple potential Dem candidates for prez are cited as supporters of these special lucrative accounts.
Here are some juicy come-ons:
"Imagine if you had an account that...
Paid 40-60 times more than your bank
You could withdraw from at any time, without penalty
You didn’t have to report to the IRS
Wouldn’t drop in value in a stock market crash
And finally, could let you retire 100% tax-free?
At a time when banks offer almost zero interest, stocks hover dangerously near all-time highs, and the risk of outliving your savings is very real, an account like this could be a godsend for many Americans.
Imagine if, instead of having your savings in a bank paying you 0.01% for the past five years, you'd used this account to grow your money 40-60 times faster... tax-free.
Believe it or not, these accounts are real. And you can get started with as little as $200.
I call them “702 Accounts”
They’re a favorite of the 1% in Washington, Wall Street, and Corporate America—and have been for decades.
Car magnates Walter P. Chrysler and Pierre S. Dupont held the records in their day, with a combined $274 million in 702 Accounts.
Current 702 Account investors include some of the most well-connected and intellegent people in the world...
To see why they love it, read below...
Current 702 Account users include:
54 Congressmen
Vice President Joe Biden
Hillary Clinton, who has at least $100,000 in one
Billionaires Bill Gates and Warren Buffett, who have used a sneaky, backdoor way to put a combined $1.5 billion into these accounts since 2004
Executives at Johnson & Johnson, who put $23 million into these accounts from 2013 to 2014—more than they put into stocks and bonds combined.
But experts estimate less than 1 in 1,500 ordinary Americans even knows 702 Accounts exist. And not knowing the whole truth about 702 Accounts may be putting their future wealth and happiness at risk.
The 1% will never tell you
about 702 Accounts..."
There's loads more in the ad to entice all of us 1%-ers. I know many of us just can't wait to sign up. Here's the link:
http://pros.palmbeachgroup.com/1508PBL702BOOK30PBLUP/PPBLR827/?h=true&gclid=CJLrrP3a0cgCFYQCaQodnsoCtA
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