Ferenc discusses the unprecedented valuations of the S&P 500, noting that 19 of 20 valuation metrics are above historical averages, including the Buffett indicator at 217%, the highest ever recorded. He warns of the AI bubble, citing a Bank of America survey where 54% of investors believe AI stocks are in a bubble. Ferenc highlights the concentration of wealth in tech stocks, with the top five companies representing about 30% of the S&P 500. He emphasizes the risks of market corrections, potential volatility, and the importance of diversification. Ferenc promotes index annuities and life products to continue unlimited upside potential while protecting downside market risk.

<p>Ferenc discusses the unprecedented valuations of the S&P 500, noting that 19 of 20 valuation metrics are above historical averages, including the Buffett indicator at 217%, the highest ever recorded. He warns of the AI bubble, citing a Bank of America survey where 54% of investors believe AI stocks are in a bubble. Ferenc highlights the concentration of wealth in tech stocks, with the top five companies representing about 30% of the S&P 500. He emphasizes the risks of market corrections, potential volatility, and the importance of diversification. Ferenc promotes index annuities and life products to continue unlimited upside potential while protecting downside market risk.</p>

If you want to live like the wealthy, you need to think like the wealthy.  Join Ferenc Toth each week for the Your Personal Bank™ Show, Saturdays at 10:00AM. Your Personal Bank™ is a powerful financial tool typically only shared with the ultra-wealthy by the financial industry.  Learn how to gain control of your money . . . create tax-favored income . . . and access more funds over your lifetime.  It’s the Your Personal Bank™ Show . . . the show that can change your financial life. Call 866-268-4422 for more information.

<p>If you want to live like the wealthy, you need to think like the wealthy.  Join Ferenc Toth each week for the Your Personal Bank™ Show, Saturdays at 10:00AM. Your Personal Bank™ is a powerful financial tool typically only shared with the ultra-wealthy by the financial industry.  Learn how to gain control of your money . . . create tax-favored income . . . and access more funds over your lifetime.  It’s the Your Personal Bank™ Show . . . the show that can change your financial life. Call 866-268-4422 for more information.</p>

Your Personal Bank with Ferenc Toth

Ferenc discusses the unprecedented valuations of the S&P 500, noting that 19 of 20 valuation metrics are above historical averages, including the Buffett indicator at 217%, the highest ever recorded. He warns of the AI bubble, citing a Bank of...

The Buffett Indicator has Hit 217%, the Highest ever Recorded.

Included in the Census: - Illegal Aliens - Green Card Holders - Work Visa Holders - Student Visa HoldersWhy should we have representatives representing this wave of foreigners?There is Daycare fraud, EBT fraud, Hospice fraud, Medicaid fraud, Medicare fraud, Medical Transportation fraud, SNAP fraud, but we are supposed to believe there is no election fraud?We are told about 20 million illegal aliens entered the US during the Biden administration. When ICE is deployed, airport lines plummet, building sites become ghost towns, class sizes shrink, emergency rooms are not full, and traffic jams are eliminated. I think the 20 million number is bogus. There are credible estimates that there are as many as 100 million illegal aliens in the US.H-1B was sold as the "best and brightest". H-1B visa employees are paid an average of 15% less than US workers at the same jobs. 87% of H-1B's are entry-level positions. About 94% of H-1B applicants were approved from 2009 - 2025. It has become a system for cheaper labor. Many US citizens, especially younger Americans are struggling to find or keep jobs. Less people are able to save, buy a house, or start a family. This makes the American Dream more difficult and hurts our economy. Every dollar spent on foreigners is a dollar stolen for Americans.Americans did not vote for a flood of foreigners to take our jobs and create a welfare state.We have suffered the highest inflation in a generation. If we deported the illegals and reduced legal immigration, food, housing, and nearly everything else we need to live would be cheaper. Insurance rates would decline. The government would spend less on welfare. The government deficit could be eliminated. Government debt could possibly be reduced. Fraud would decline. Our streets would be safer. Emergency room wait times would be reduced. Class sizes would be smaller. There would be less traffic jams. Airport lines would be shorter. Nearly every aspect of US citizens' lives would improve.This negatively impacts our economy. This creates uncertainty and instability. Uncertainty creates volatility. Protecting your assets becomes more important.Index products provide unlimited upside gains with no downside market risk. There are index annuity products that have averaged 10-11% average annual returns for the past decade while the principle is guaranteed. There is a common misconception that if you want guarantees you have to give up strong returns. That is not true.

<div><span style="font-family: arial, sans-serif;">Included in the Census:</span></div> <div><span style="font-family: arial, sans-serif;"> - Illegal Aliens</span></div> <div><span style="font-family: arial, sans-serif;"> - Green Card Holders</span></div> <div><span style="font-family: arial, sans-serif;"> - Work Visa Holders</span></div> <div><span style="font-family: arial, sans-serif;"> - Student Visa Holders</span></div> <div><span style="font-family: arial, sans-serif;">Why should we have representatives representing this wave of foreigners?</span></div> <div> </div> <div>There is Daycare fraud, EBT fraud, Hospice fraud, Medicaid fraud, Medicare fraud, Medical Transportation fraud, SNAP fraud, but we are supposed to believe there is no election fraud?</div> <div> </div> <div>We are told about 20 million illegal aliens entered the US during the Biden administration. When ICE is deployed, airport lines plummet, building sites become ghost towns, class sizes shrink, emergency rooms are not full, and traffic jams are eliminated. I think the 20 million number is bogus. There are credible estimates that there are as many as 100 million illegal aliens in the US.</div> <div> </div> <div>H-1B was sold as the "best and brightest". H-1B visa employees are paid an average of 15% less than US workers at the same jobs. 87% of H-1B's are entry-level positions. About 94% of H-1B applicants were approved from 2009 - 2025. It has become a system for cheaper labor. Many US citizens, especially younger Americans are struggling to find or keep jobs. Less people are able to save, buy a house, or start a family. This makes the American Dream more difficult and hurts our economy. </div> <div> </div> <div>Every dollar spent on foreigners is a dollar stolen for Americans.</div> <div> </div> <div>Americans did not vote for a flood of foreigners to take our jobs and create a welfare state.</div> <div> </div> <div>We have suffered the highest inflation in a generation. If we deported the illegals and reduced legal immigration, food, housing, and nearly everything else we need to live would be cheaper. Insurance rates would decline. The government would spend less on welfare. The government deficit could be eliminated. Government debt could possibly be reduced. Fraud would decline. Our streets would be safer. Emergency room wait times would be reduced. Class sizes would be smaller. There would be less traffic jams. Airport lines would be shorter. Nearly every aspect of US citizens' lives would improve.</div> <div> </div> <div>This negatively impacts our economy. This creates uncertainty and instability. Uncertainty creates volatility. Protecting your assets becomes more important.</div> <div>Index products provide unlimited upside gains with no downside market risk. There are index annuity products that have averaged 10-11% average annual returns for the past decade while the principle is guaranteed. </div> <div> </div> <div>There is a common misconception that if you want guarantees you have to give up strong returns. That is not true.</div>

How Legal Immigration Impacts Our Economy

The government is not serving its purpose when it is not protecting and benefiting its citizens. When it actively prioritizes anyone over citizens, those policies need to be changed.If the government makes citizens' lives more difficult, challenging, or less safe, anyone involved needs to be replaced.Housing has never been more unaffordable. - Government contributed to the problem by spending too much.- Excess government spending increased inflation.- 49% of Americans are struggling to pay their rent or mortgage.- The government allowed too many people into the country. This is stressing housing supply.The labor market is weakening- A record 100+ million working-age adults are not working in the US according to the Federal Reserve.- Amazon received 10,000+ H-1B visa approvals and fired 14,000 American citizens in 2025.- US companies often pay foreign born workers 20-35% less than US citizens. Some work visas don't require companies to pay employment taxes.- A majority of recent STEM college graduates have been unable to find jobs in their field.- A weak labor market can lead to recession.DOGE, Nick Shirley, and others have uncovered staggering amounts of government-related fraud.- Every dollar stolen from Medicare results in less for a sick child. Money stolen from Social Security risks low-income seniors. - Anyone who really cared about the poor or elderly would be the loudest against fraud.- Instead, Elon Musk and Nick Shirley have been attacked by leftists and Democrats.- Who is benefitting from the fraud? Those who are defending the fraud by attacking anyone who exposes it.Government fraud threatens our society- Western civilization is founded on the rule of law.- We elect representatives to create and enforce the laws.- When people in government favor non-citizens to gain and maintain power, citizens feel used and abused.- When foreigners who barely speak English, don't assimilate, and often hate us yet are diving expensive cars, buying beautiful homes, and clearly scamming the system, it creates anger.- If you work hard, pay your taxes, play by the rules and are barely getting by, you feel like a fool.- If enough people start feeling this way, society will unravel rapidly.

<div><span style="font-family: arial, sans-serif;">The government is not serving its purpose when it is not protecting and benefiting its citizens. When it actively prioritizes anyone over citizens, those policies need to be changed.</span></div> <div><span style="font-family: arial, sans-serif;">If the government makes citizens' lives more difficult, challenging, or less safe, </span>anyone involved needs to be replaced.</div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">Housing has never been more unaffordable. </span></div> <div><span style="font-family: arial, sans-serif;">- Government contributed to the problem by spending too much.</span></div> <div><span style="font-family: arial, sans-serif;">- Excess government spending increased inflation.</span></div> <div><span style="font-family: arial, sans-serif;">- 49% of Americans are struggling to pay their rent or mortgage.</span></div> <div><span style="font-family: arial, sans-serif;">- The government allowed too many people into the country. This is stressing housing supply.</span></div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">The labor market is weakening</span></div> <div><span style="font-family: arial, sans-serif;">- A record 100+ million working-age adults are not working in the US according to the Federal Reserve.</span></div> <div><span style="font-family: arial, sans-serif;">- Amazon received 10,000+ H-1B visa approvals and fired 14,000 American citizens in 2025.</span></div> <div><span style="font-family: arial, sans-serif;">- US companies often pay foreign born workers 20-35% less than US citizens. Some work visas don't require companies to pay employment taxes.</span></div> <div><span style="font-family: arial, sans-serif;">- A majority of recent STEM college graduates have been unable to find jobs in their field.</span></div> <div><span style="font-family: arial, sans-serif;">- A weak labor market can lead to recession.</span></div> <div><span style="font-family: arial, sans-serif;"> </span></div> <div><span style="font-family: arial, sans-serif;">DOGE, Nick Shirley, and others have uncovered staggering amounts of government-related fraud.</span></div> <div><span style="font-family: arial, sans-serif;">- Every dollar stolen from Medicare results in less for a sick child. Money stolen from Social Security risks low-income seniors. </span></div> <div>- Anyone who really cared about the poor or elderly would be the loudest against fraud.</div> <div>- Instead, Elon Musk and Nick Shirley have been attacked by leftists and Democrats.</div> <div>- Who is benefitting from the fraud? Those who are defending the fraud by attacking anyone who exposes it.</div> <div> </div> <div>Government fraud threatens our society</div> <div>- Western civilization is founded on the rule of law.</div> <div>- We elect representatives to create and enforce the laws.</div> <div>- When people in government favor non-citizens to gain and maintain power, citizens feel used and abused.</div> <div>- When foreigners who barely speak English, don't assimilate, and often hate us yet are diving expensive cars, buying beautiful homes, and clearly scamming the system, it creates anger.</div> <div>- If you work hard, pay your taxes, play by the rules and are barely getting by, you feel like a fool.</div> <div>- If enough people start feeling this way, society will unravel rapidly.</div>

What is the Purpose of Government? To Protect and Benefit its Citizens.

Initially I was against the Iran War. I realized it was a knee-jerk reaction to forever wars.



Below are the reasons why gradually have come to support it.

1. Trump is different than previous presidents.

2. Iran is the #1 sponsor of terrorism in the world

3. This is about China and oil, not just Iran. China's primary allies for oil was Venezuela and Iran. Wars need oil. This weakens China militarily.

4. Strengthens dollar as world reserve currency and weakens the BRICS currency. Without access to Venezuelan and Iranian oil, China is forced to purchase oil in US dollars.

5. Demonstrates US strength. US military and technology is impressive. This discourages bad actors. "Speak softly and carry a big stick" Teddy Roosevelt. 6. Good for the US. It is America First. This sets up the US for global economic and military dominance.

<p class="MsoNormal">Initially I was against the Iran War. I realized it was a knee-jerk reaction to forever wars.</p> <p class="MsoNormal"> </p> <p class="MsoNormal">Below are the reasons why gradually have come to support it.</p> <p class="MsoNormal">1. Trump is different than previous presidents.</p> <p class="MsoNormal">2. Iran is the #1 sponsor of terrorism in the world</p> <p class="MsoNormal">3. This is about China and oil, not just Iran. China's primary allies for oil was Venezuela and Iran. Wars need oil. This weakens China militarily.</p> <p class="MsoNormal">4. Strengthens dollar as world reserve currency and weakens the BRICS currency. Without access to Venezuelan and Iranian oil, China is forced to purchase oil in US dollars.</p> <p class="MsoNormal">5. Demonstrates US strength. US military and technology is impressive. This discourages bad actors. "Speak softly and carry a big stick" Teddy Roosevelt.</p> 6. Good for the US. It is America First. This sets up the US for global economic and military dominance.

The Buffett Indicator has Hit 217%, the Highest ever Recorded.

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