Your Personal Bank with Ferenc Toth

Long-Term Bond Yields are Hitting Record Highs Worldwide

The bond market worldwide is in crisis. The US 30 Year Bond recently rose to 5.2%, the highest since 2007. The UK 30 Year Bond is the highest since 1998. The Japanese 30 Year Bond is the highest level ever recorded. The primary reason is debt in the western world is at the highest levels ever recorded. Due to the government spending, inflation is increasing in 27 of the 29 largest economies in the world. Central Banks can impact short-term interest rates but have little affect on long-term interest rates. Expect higher interest rates until the western world gets debt under control. Stocks and real estate tend to struggle with higher interest rates. Savings, CD's, dividend paying insurance policies, index annuities, and index universal life tend to thrive with higher interest rates. Insurance companies heavily invest in bonds. When bonds pay higher interest rates, they are more profitable. Annuities and cash value insurance become more profitable. This is the "Golden Era of Fixed Assets". Index annuities and IUL's are paying historic returns. This is likely to continue and even increase for the foreseeable future. The best index annuity I have seen in my 27 year career was released recently by one of the largest, A+ rated companies. This annuity product has no fee options, no cap (unlimited upside), and industry leading participation rates. There is no downside market risk. Principle is guaranteed. Once gains are locked in, the gains become the new principle. Historical average annual returns have been 10-14% for the past 10-20 years! Contact Ferenc at ferenc@yourpersonalbank.com [ferenc@yourpersonalbank.com] or 866-268-4422 for more info. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

FHA Provided Zero Down Mortgages to Non-Citizens During the Biden Administration

The Federal Housing Administration (FHA) recently disclosed that they provided zero down mortgages to H-1B visa holders and other non-citizens during the Biden administration. The Trump administration shut this down in June 2025. FHA used programs designed to help low income US citizens purchase a home. Hard working Americans were getting screwed twice. 1. US taxpayers were funding homes for non-citizens. 2. US citizens were competing to purchase homes at a disadvantage. a. The non-citizen did not have to contribute a down payment to purchase a home. b. The citizen had to contribute a 10-20% down payment typically to purchase the same home. This drove up housing prices, particularly in areas with high numbers of H-1B visa holders. One of the best index (growth) annuity products has become available in my 27 year career! - Multiple indexes with 9-11% average annual return indexes the past 10 -20 years. - No downside market risk. Principle is guaranteed. - Once gains are locked in, gains are also guaranteed against market loss. - Can lock in gains at any time. - A+ rated company. Contact Ferenc for more info: ferenc@yourpersonalbank.com [ferenc@yourpersonalbank.com] yourpersonalbank.com [http://yourpersonalbank.com/] 866-268-4422 See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

The S&P 500 Hit a New All-Time High. What is Happening with the Economy?

The S&P 500 has increased about 16% in the past month to a new all-time high.   The earnings have been strong. The recent unemployment numbers are phenomenal!   The economy is showing signs of strength, yet significant volatility remains.   Nearly every market measurement is at extreme high levels. Risk is highest at extreme levels.   Berkshire Hathaway cash is at an all-time high and has sold stock the past 8 quarters in a row.   Oil prices have swung down and back up about 10% in hours recently from news in the Middle East.   60 - 80% of Americans cannot afford the median house in their state.   Personal savings rates are the lowest levels since 2008.   The auto loan crisis continues to increase. About 30% of car buyers who traded in their cars had negative equity.   US Dollar offshore deposits have hit an all-time high. International demand for the US Dollar remains strong. The US Dollar as the world reserve currency is strong and strengthening further.   Long-term bond yields remain high and are likely to continue due to historic federal government debt. This creates an opportunity.   This is the "Golden Era" of fixed assets. This is the best time in 40+ years to consider an Index (Growth) Annuity, Index Universal Life (IUL), or Dividend-Paying Life policy. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

US Supreme Court Decision will Massively Change the US House of Representatives

The US Supreme Court ruled that states can no longer use race to draw congressional districts. 20-30 house seats are represented by districts drawn to represent minorities. The court ruled this violated the Equal Protection Clause and the civil rights of the majority of voters. Democrats have benefited for decades with these congressional districts. This is a massive change in political power that will likely benefit the Republicans for decades. The Virginia Supreme Court stopped the new district map that would have likely changed Virginia's house representation from 6 democrats and 5 republicans to 10 democrats and 1 republican. Virginia is a purple state. They had a very popular republican governor a few months ago. Kamala Harris won Virginia by about 5% in 2024. The ballot initiative barely passed. 51% of voters would have disenfranchised 49% of voters. Florida recently passed a redistrict effort that will likely increase republican representation by about 4 seats. Florida's redistricting would have off-set Virginia. Millions have moved to Florida since the last Census. Florida had a reason to redistrict other than purely political power, unlike Virginia. Both parties gerrymander. The democrats have been far more aggressive for decades. The 6 New England states average 42% republican voters. Due to gerrymandering, New England has zero Republican House representatives. New England Republicans have no representation in the US House of Representatives. LINK: Annuities Improve Outcomes Paper - JP Morgan [https://yourpersonalbank.com/annuities-improve-outcomes-paper-jp-morgan/] See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

The Conditions for the Next Civil War are Being Put in Place

Two things have caused me to be concerned about conditions that could lead to the Next Civil War. Hope it does not happen. Not encouraging violence. Using common sense, historical insight, human behavior.   1.Virginia redistricting    - Everyone gerrymanders    - 51% disenfranchised 49% of voters in VA    - New England averages 42% republicans, yet only one republican out of 33 House districts     - New Mexico: 46% republican, but no republican representatives    - No taxation without representation primary cause of Revolutionary War    - Disenfranchised voters become disillusioned, frustrated, or worse    2. Democrat action plan     - Obama: recent donor meeting promised one party rule by 2029     - James Carville: former Clinton advisor         - Recommend if Democrats win House, Senate, and President:         - Make DC and Puerto Rico states to add 4 Senators         - Stack the Supreme Court         - Purpose: long-term one party rule          - "Let them eat our dust"   Permanent one party rule  - Antithesis of Constitution and Representative Republic  - Defies 250 years of tradition  - Fight for the soul of the nation   Solution: States Rights  - States are republics  - States created federal republic, not the other way around  - If states become disenfranchised by stacked Senate and packed Supreme Court, may stop federal overreach   If Democrats succeed with one-party rule think California economy  - The battle will be chaotic  - Uncertainty creates volatility   One type of financial company has thrived in all economies long-term  - Several companies have paid dividends every year before the Civil War  - Ferenc shares info on products that have thrived long-term   Contact Ferenc at ferenc@yourpersonalbank or 866-268-4422 for more info. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.