Your Personal Bank

Hosted by Ferenc Toth

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100

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Jun 2026

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About the show

Host Ferenc Toth will discuss how in the weekly show - how to think like a banker versus an investor. Your Personal Bank is a powerful financial tool used by the wealthy for centuries. Everything we are experiencing in life, change seems daily. Technology. The way we Shop. With all the change in our lives, why are approaching our investments, our finances the same way we have always? The Show that can change your financial life. Contact: (866) 515-6280, ferenc@yourpersonalbank.com, Or Online at yourpersonalbank.com.

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June 15, 202654 min

Large IPO Prices Historically Drop Significantly after their Debut

IPO's over the past 45 years that debut above 40x sales underperform the market by 58% over the next 3 years. SpaceX IPO initial price was about 90x sales. The lower the price to sale ratio, the better the returns long-term. The top 10 largest IPO's price dropped an average of 35% in 6 months. IPO's tend to issue a the end of a bull market not when stocks are cheap. 70% of Bank of America's bear market indicators have triggered. Bank of America officially stated it is time to take profits. Index products allow unlimited upside potential growth with no downside market risk. - No caps = unlimited upside - No and low fee options - 100%+ one year participation rates - Up to 29% signing bonus if you have a penalty to overcome There are multiple index products with 10, 12, and even 15% average annual returns over the past 10 -20 years.

June 8, 202654 min

The SpaceX IPO May be the Largest Insider Sell Event in a Decade

Apple went public in 1980 at 15X revenue. SpaceX is scheduled to go public on 6.12.26 at 100X revenue. The market cap is estimated to be $1.5 -2.0 trillion valuation. This would be higher than Microsoft. SpaceX would be the third largest company by market cap in the US, behind only Apple and Nvidia. SpaceX lost over $4 billion in Q1 2026. Total losses since founding have been over $40 billion. 95% of all SpaceX shares are held by insiders. Typically, insiders are frozen from selling their shares for 180 days after listing to prevent the stock price from getting crushed. SpaceX insiders will be able to sell 20% of their shares in 60 days. Several more chunks of shares will be unlocked for insiders. By late November 2026, over 90% of insider shares would be unlocked for potential sale. The median stock price on most large IPO's, including Facebook, Coinbase, and Uber, have lost over 50% of their stock price after one year. Many were leading companies in their space and "must-own stocks". There may be a short-term speculative price increase due to the hype and interest around SpaceX. The valuation is extraordinarily expensive. Proceed with extreme caution.

June 1, 202654 min

The AI Bubble is Showing Serious Signs of Cracking

Stock valuations have almost never been higher. - The Buffet Indicator is at 233, the highest ever recorded. Market cap to GDP has never been higher. - The Schiller Adjusted Price to Earnings ratio is the second highest recorded in 145 years. At current valuations, it would take over 40 years to recover the investment through earnings. - The Bank of America Bull and Bear Indicator is screaming sell again. The past 17 times stocks dropped 2-20% the following 2-3 months. Companies that have scaled AI are experiencing usage costs that exceed the employees they fired. - Microsoft invested $5 billion in Claude AI and recently banned their engineers using it due to exorbitant costs. - Uber blew through their annual AI usage budget by April 2026. Chinese AI has massively dropped AI usage costs. - Chinese AI can process about 80% of American AI functions. - Chinese is up to 95% cheaper than American AI. - This destroys the American AI profit model. Tech stock valuations are priced for perfection. This could be the beginning of the end of the AI bubble. Index (growth) annuities provide: Double digit potential annual returns on good market years. Grow your money safely, without market risk. Principle is guaranteed. Once gains are locked in, they are guaranteed against market loss. You don't have to give up strong returns if you want guarantees.

May 25, 202654 min

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 or 866-268-4422 for more info.

May 18, 202654 min

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 yourpersonalbank.com 866-268-4422

May 11, 202654 min

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.

May 4, 202654 min

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

April 27, 202654 min

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.

April 20, 202654 min

Control of the Oil Supply Ensures the US Dollar Dominates as the World's Reserve Currency

The US controls Venezuelan oil and has blockaded Iranian oil. The US has blockaded the Strait of Hormuz. About 50% of China's oil came through this strait. The US has established a security agreement with the Indonesia. About 80% of China's oil travels through Indonesian Straits. The US has eliminated the cheap oil to China from Iran and Venezuela. The US controls the shipping lanes for about 80% of China's oil supplies. These actions weakens the BRICS. The world runs on oil. Control of the majority of the world's oil supply ensures oil is purchased with US dollars. The petrodollar insures dominance of the US dollar as the world's reserve currency.

April 13, 202654 min

Salary Optimization May Be Limiting Your Salary

When negotiating a salary or a raise, most people don't know what they are up against. Many companies purchase data from payroll processors and other sources to optimize salary expenses. This info often includes previous job incomes and what increases you recieved. The info obtained by companies include address changes, credit card utilization, delinquent debt, and past due balances. This data aggregation determines the lowest salary you will accept. The salary offered is typically about 3-6% above your minimum number. This is just enough to feel like you are negotiating. Veena Dubai, a law professor, completed extensive research on algorithmic wage discrimination and found that when many employers in the same market use the same data vendors, it creates price-fixing of labor. The company has the advantage with all the data. They know what you will settle for. You think you are negotiating. The system even accounts for your counter in advance. You think your salary is based on the position; your knowledge and experience. It isn't. It is based on your desperation. Salary optimization requires information. The primary source is a product called the Work Number. You can contact Equifax and freeze your info. Take back control of your personal info, freeze your info and maybe even your salary negotiations!