Are you committed? Committed to being a fairly wealthy, highly successful investor? Then this habit is for you. Because I believe you can reach your “promiseland.” I believe you can live your dreams. But can you keep them? Because investing is a lifelong, multi-generational endeavor. Imagine how you’ll feel when you have enough to retire […]
Investing
Biden’s Debt-Fueled Spending Binge and America’s Credit Rating
Since the “temporary” stimulus package of 2009 was enacted by Barack Obama and greased through the system by Ben Bernanke’s Federal Reserve, Americans have faced ever more burdensome budget deficits. After Joe Biden moved into the White House, the dangerous spending reached a new level. Uncontrolled money printing has set America up for some hard […]
Inflation? Stocks? Breathe In, Breathe Out, Move On
With everyone talking about inflation, here’s a good question: What if they’re wrong? What if the Federal Reserve’s intention to keep rates higher for longer turns out to be a hope, and not a reality? What if the dollar runs into trouble? With the record debt, America’s current standing as the nicest house in a […]
“Hey, Survival Guy, What about a Beach House?”
“Hey, Survival Guy,” he said. “I see you spend some time in Newport, RI and North Conway, NH. My wife and I are thinking about buying a beach house here in Cali. What’s your take?” “Have you looked at Your Survival Guy’s Super States?” I thought to myself. “You know how I feel about California,” […]
My Key West Garden Office
Originally posted on March 26, 2021. Hard to believe it has been nearly 30 years since I walked away from dealing with investing clients, prospects, or the financial media. I also stopped speaking at capacity-filled investment conferences around the world from New Orleans to Switzerland to Hong Kong. About that same time, Debbie and I […]
Another Word about Your Survival Guy’s Money: Spending
Last week, Your Survival Guy wrote to you about his money. Here’s a recap: save a third, spend a third, and pay taxes with a third. Own your home. Stay out of debt. And invest for dividends, dividend increases, and income. Keep what you make and live to fight another day. But this is a […]
Are You Guided by the Prudent Man?
In the September 2015 issue of Richard C. Young’s Intelligence Report, Dick Young wrote: The Prudent Man Rule is based on common law stemming from the 1830 Massachusetts court formulation Harvard College v. Amory. The Prudent Man Rule directs trustees “to observe how men of prudence, discretion and intelligence manage their own affairs, not in […]
A Word or Two about Your Survival Guy’s Money
Your Survival Guy wants to share a word or two about my money. For one, I eat my own cooking. I don’t hope for my money to do something for me. I don’t bet on markets. I don’t gamble. I don’t use leverage. I don’t look at prices. I basically look at my account here […]
When the Black Swan Swoops In for You
UPDATE 11.10.23: It wasn’t a Black Swan, but it was perhaps indicative that something had changed. An auction for treasuries yesterday saw very little demand, scaring markets. Federal Reserve Chairman Jerome Powell put the icing on the cake with language indicating the Fed is “not confident” it won’t raise rates again. Stocks responded by dropping […]
Investing Habits of the Fairly Wealthy: #4 “So far…”
Your Survival Guy and Gal recently celebrated their 25th wedding anniversary. Before we were married in Key West, surrounded by family and friends in the southernmost state, we were anxiously watching the tail end of hurricane season. Right before the big day, Tropical Storm Mitch hit, rerouting some flights to Miami, making the drive south […]
