Leverage, i.e., using other people’s power or money to achieve your own goal.

Not: saving money into an IRA or 401K and avoid some tax.

If you train your children into IRA mindset, they will remain as great savers, but great savers remain middle class when they get older. Middle class mindset is in fact “poor mindset”. Middle class thought that IRA/401K is “investment”, but in fact, they invest in a frame work defined the super riches’s leverage machine. Super riches use CDO, Hedge funds and Mutual funds that middle class thought as “investment” as actual target of leverage. They are leveraging our middle class’s blood money to earn unthinkably large easy money from us. Middle class are all roped into this giant 401K, index fund traps as a feeder to feed the super rich leveragers.

That’s why I don’t want my son to become a victim of being leveraged. I want him to understand how to leverage himself.