2012
Feb 
29

Weekly Client Coaching Update from Dr. Kerry Johnson

Filed under: GENERAL — Kerry Johnson @ 10:49 am  

The BANC Event to Build Your Referrals
Many Peak Performance Coaching clients are now using the Circle of Friends approach to increase referrals. One of the most successful is our client Steve Hansen. A Denver producer, Steve just held a BANC program (using me as the speaker)with approximately 35 client households and 14 guests. Within 6 weeks, Steve booked nearly $2 Million in Assets in both managed money and annuities. Even if you take out $500K from one client who may have done business without the BANC approachGreec. Steve is now doing the Messina Method monthly to solidify his dramatically increased production.

A Coming Market Collapse?
Israel is said to be only weeks from a raid to take out Iran’s nuclear weapon installations. For the first time, Germany’s interior minister is recommending that Greece be separated from the EURO common currency. US gas prices have surged more than 100% in the last 3 years. But a another collapse?

Yes, according to respected economists including Dow Theory proponent and author Robert Prechter, Harry Dent, and Gerald Celente, trend forecaster at The Trends Research Institute. Prechter worries about potential chaos caused by people all trying to yank their money out of financial markets at the same time. Even with confidence in elected leaders. The GDP is at a fragile 1.8% growth rate, far below any normal recession recovery. Oil prices are sure to increase even further, especially if there is an Iranian oil shock.

“2012 is when many of the long-simmering socioeconomic and political trends that we have been forecasting and tracking will climax,” Celente noted in his Top 12 Trends 2012 newsletter. In an interview he added: “When money stops flowing to the man on the street, blood starts flowing in the street.”

While bulls are urging investors to get back into stocks, the doomsayers are advising a far different strategy. Dent’s investment advice is simple: “Get out of the way.” He recommends buying short-term U.S. Treasury bills and the U.S. dollar, which will benefit from safe-haven cash flows. He says stocks will fall sharply in value.

Celente’s advice centers on survival. He says buy gold so you don’t lose purchasing power when the value of the dollar plummets. He says buy a gun to protect your family against desperate people in search of food and money. He says plan a getaway to places with more stable finances and governments.

Prechter says to keep your powder dry and buy when things get really bad: “When things get really scary, as in early 2009, I get bullish.”

The alternative is also retirement safety in fixed assets that your clients have access to with your help. This is only one view of the coming markets in 2012. But this same trio have aired their views in the Wall Street Journal, USA today and the New York Times. So perhaps we should take them seriously.

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