Originally posted June 23, 2020. What type of country do you want for your family? Are we ok with the demonstrators driving the conversation? I know I’m not. The cowards destroying the statues are lazy. In November, do you want more governors going wild closing schools because someone has the sniffles? Progressives will. They will […]
Money 101: There’s a Reason Family Always Comes 1st
Originally posted on February 3, 2021. Are you aligned with a money gathering business, or are you aligned with a money manager? The money-gathering business is all about bigness. They tell you all about how big they are when all you care about is, “how are you going to help me?” Welcome to the world […]
Teaching A Family Investment: Warren Buffett’s Annual Letter and You
Originally posted March 1, 2021. It’s nice to have some traditions you can count on. One of those is Warren Buffett’s annual letter to shareholders of Berkshire Hathaway, released over the weekend. With all the chaos in the world, it’s nice to have stability when you can find it. I read the report Sunday morning […]
First Test Run Successful for Unmanned Turkish Fighter Jet
Turkish military drones are among the most advanced cost-effective drones in the world. They were credited with changing the tides in Libya, Syria, Azerbaijan, and most recently Ukraine. Baykar Technologies, a private Turkish defense company that was founded in 1986 as an automotive parts supply company and subsequently began building UAVs and is responsible for […]
Happy Thanksgiving!
When the pilgrims of the Mayflower landed, many of the men signed the Mayflower Compact, which read: In the name of God, Amen. We whose names are underwritten, the loyal subjects of our dread Sovereign Lord King James, by the Grace of God of Great Britain, France, and Ireland King, Defender of the Faith, etc. […]
Progressives Want to Blind You to Big City Crime
“Well, who ya gonna believe me or your own eyes?” — Chicolini, played by Chico Marx, Duck Soup, 1933 Last week, New Yorker Yiatin Chu tweeted out a complaint about her ride on the city’s subway system in which she had to get away from an aggressive man. The car she moved to smelled of […]
Biden Rewards ESG Managers with New 401(k) Rule
The Biden administration plans to undo a Trump-era rule that prevented 401(k) managers from taking ESG factors into account when they picked investments. Instead, the Trump-era rule from the Department of Labor required plan managers to use actual financial metrics to judge the quality of investments for plan participants. Biden’s new rule will allow managers […]
Private Equity Burns State Pension Fund with FTX Investment
You have read for years that Your Survival Guy is worried about the risky bets being made by state pension fund managers who, after politicians overpromise and under-fund for state employee retirements, are left chasing performance to fill in the gaps. One way states have attempted to juice performance in pension funds is by allowing […]
Texas Economy Roars with Record Jobs
In Governor Greg Abbott’s state of Texas, total jobs hit a new all-time high in October by adding 49,500 new positions. Bethany Blankley reports for the Washington Examiner: Texas in October again broke an all-time record for job gains. Texas also had the fastest annual jobs growth rate from October 2021 to October 2022, according […]
CRYPTO CHARLATANS: Investors Lulled to Sleep by Celebrities, Influencers
Investors in cryptocurrency on the FTX exchange weren’t just taken in by the celebrities they saw pitching it to them during the Super Bowl. There were self-styled “financial influencers” who also pushed crypto onto unsuspecting investors eager to beat the zero-interest rate environment. Despite Tom Brady’s endorsement of FTX, investing is supposed to be boring, […]
Are You Prepared to Survive a Cold New England Winter?
New England families are facing one of the toughest winters in years as temperatures get colder and a fuel supply crisis looms. In the Washington Examiner, Breanne Deppisch reports: A fuel supply crisis in New England has sent consumer utility bills soaring and threatens blackouts this winter — even as the United States exports record volumes of fuel to customers overseas. […]
Remember This from FTX Bankruptcy and You Can Thank Yourself Later
The fall of crypto exchange FTX is a brutal lesson in fear and greed. Not the fear of losing but the fear of missing out or FOMO. FTX founder Sam Bankman-Fried (SBM) said this on the podcast “Odd Lots” describing how venture capitalists pick investments (highlighted by Jason Zweig in his WSJ column the “Intelligent […]
MARTHA’S VINEYARD: Shocking Crime Hits Liberal Stronghold
If it can happen on the island of Martha’s Vineyard, it can happen anywhere. Prepare yourself and your family accordingly. Abby Patkin reports for the Boston Globe: Armed robbers held up a bank on Martha’s Vineyard Thursday morning and escaped in a stolen vehicle, officials said. “Active police scene at Rockland Trust in Vineyard Haven,” […]
Protect Small Business Owners with Flat Taxes
At the Tax Foundation, Jared Walczak performs a detailed analysis of flat taxes in the fifty states and draws some conclusions about their benefits. Your Survival Guy is a big supporter of America’s small business owners. After reading Walczak’s analysis, all supporters of small businesses should be pushing hard for their states to adopt flat […]
The Clock is Ticking: You Must Protect Your Family
Originally posted on July 20, 2020. If you live anywhere near Chicago/Seattle/Portland, you’re asking me, how much longer will it take for them to come to my neighborhood? Over the last two days alone in Chicago, 63 people were shot, 12 fatally. In Seattle, twelve police officers were hurt in violent protests. And in Portland, […]
PENTAGON WORRIED: Ukraine War Depleting U.S. Ammunition Stockpiles
The war in Ukraine has cost the U.S. more than $18.6 billion in security assistance so far. The most recent request was on Nov 10th for another $400 million, and asked for 21,000 155mm artillery rounds, 500 precision-guided 155mm artillery rounds, and other military equipment. Ukraine is burning through howitzer ammunition at a very high […]