The drumming world lost a legend with the passing of The Rolling Stones drummer Charlie Watts. In 1989, when Your Survival Guy was a senior in high school, my friend Dave and I went to see The Stones live at Sullivan Stadium. It was the Steel Wheels tour and to say it was a production is an understatement. I remember walking along the train tracks at Sullivan and seeing the army of 18-wheelers parked behind the massive stage that, as I learned yesterday, was designed by Watts along with all of the band’s album sleeves. He was quite the force. And what a force he created in that stage. … [Read more...]
TRAFFIC JAM: Shipping Clogged at Major Ports
Shipping is clogged at many major American ports as corporations buy ahead to beat inflation and high holiday demand. Paul Berger reports in The Wall Street Journal: Container ships are stacking up again off Southern California’s jammed ports, as a flood of imports and logjams in domestic logistics networks hit operations at the biggest U.S. gateway for seaborne trade. Thirty-seven container ships were anchored off the adjacent ports of Los Angeles and Long Beach in recent days, according to the Marine Exchange of Southern California, the highest number since February, when 40 ships waited … [Read more...]
ETF Investing: Avoid the Madness of Crowds
Look at the huge money flowing into all the same stuff. This isn’t rocket science. At some point, when the fuel runneth dry—down, down, down they shall fall. Action Line: Prepare your portfolio now to avoid the madness of crowds. In The Wall Street Journal, Michael Wursthorn reports on the massive amount of money flowing into ETFs. He writes: Investors poured $705 billion into exchange-traded funds through the first seven months of the year, pushing 2021’s world-wide tally to a record $9.1 trillion, according to data from Morningstar Inc. Net flows so far this year have nearly … [Read more...]
PREPARE: Are You Familiar with Power of Attorney?
A power of attorney for a loved one is something you need to have in place ahead of any possible necessity. It should be as much a part of your preparations as storing water or preparing for a wildfire. Christine Fletcher explains some power of attorney clauses you should understand, writing: Many people have signed at least one power of attorney in their life. A power of attorney, which names a trusted family member, friend or advisor as your “attorney-in-fact” to control your assets, is meant to be used if you are incapacitated. For instance, if you have been in a car accident or are in a … [Read more...]
Your Survival Guy: Fast, Furious End to Fiefdoms
You live in a world where you don’t know who to trust. Look at the disaster in Afghanistan where common sense tells us we should not be there. This truism was known by you and me years ago. It would be a boondoggle. And yet, here we are. You have Navy SEAL boots on the ground, with real-time intelligence telling us the end of the Afghan war will be a disaster because we lost the hearts and soul of Afghanistan a long time ago—if we ever had them. You have the Deep State lying to your face, saying the intelligence agencies never predicted this. Sure. And you have Biden left hanging in the … [Read more...]
September RAGE Gauge: Your Survival Guy’s Cash ADVICE
OK, my September Rage Gauge is in, and it’s not pretty. Risk perception continues to be at an all-time high. I get it. And as an investor, you can’t afford to keep your head in the sand. This may be a perfect time to make some adjustments to an often overlooked area of your portfolio. I’m talking about your CASH. As I wrote to you yesterday, I think about cash in three ways: You have your emergency stash on hand that you hope to never use. You have cash in your investment portfolio as part of your strategy. To buy stocks when others are selling, for example. You have a pile that’s … [Read more...]
What’s Your Survival Guy Doing with His Cash?
You know what Your Survival Guy is buying right now: Beer, bullets, and Burgundy. Because each one is, among other things, a perfect sweetener to your cash. Yes, cash is king, and, with one of the three Bs above added to the mix, you’re immediately elevated to royal status. But for today, let’s talk about your cash. How much should you have on hand? I want you to think about your cash in three ways: You have your emergency stash on hand that you hope to never use. You have cash in your investment portfolio as part of your strategy. To buy stocks when others are selling, for … [Read more...]
Is This State America’s Biggest Right to Work Success Story?
There is one state that comes up time and time again in the news for attracting new manufacturing business with its Right to Work rules and business-friendly atmosphere. That state is South Carolina. The National Right to Work Committee has put together a list of some of the most recent success stories from South Carolina: Right to Work South Carolina is seeing an increase in businesses coming to the state. The state provides Right to Work benefits that support company growth. So it’s no wonder why businesses are attracted to the area. Three businesses that will have new locations in the … [Read more...]
Young Americans Fall in Love with Farming, Again
You may have noticed that every time America endures a crisis, people start getting back to the basics. Oftentimes that means farming. The Wall Street Journal's Krithika Varagur reports on a new wave of young Americans returning to the land in the wake of the pandemic and violence in the cities. She writes: More young Americans are joining the agriculture sector and changing what it means to work as a farmer. Only 8% of farm producers were under 35 in the 2017 USDA census, the most recent available, compared with 34% over 65. Though the workforce skews much older—their average age was 57.5 in … [Read more...]
Your Survival Guy: What’s the Greatest Force Multiplier?
When Your Survival Guy looks at any ranking for countries (not county or states), guess which one is marching up the list if not already at the top? You guessed it, Ireland. Now, Your Survival Guy’s never been to Ireland, but I’m sure I’d like the golf and the pubs, the weather not so much, but, I’m absolutely sure I’d love the Freedom. Watching Tucker Carlson last night to relax (it has been a struggle figuring out how to deal with the vax and masks in school), Ireland is standing up to the political virus called COVID and saying “No, our children will not be forced to wear masks in … [Read more...]
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