Your Survival Guy

Preparing your investments and family for when disaster strikes.

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Want to Buy A Condo in China? Are You Kidding?

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Everyone wants to be a contrarian investor these days. Look no further than your friend’s kid day-trading his life away. Maybe to profitability. But it’s a long way to the finish line. Tired of hearing the war stories? Then let’s run a test. Ask Mr. Smarty Pants about buying a condo in China. That’s what I thought, “Are you kidding?” will be the typical response. But isn’t yesterday’s drop in stocks a unique buying opportunity? You know, everyone wants to buy the dips, but knowing it’s a dip and not a crater is about as reliable as a fortune cookie prediction. We’ll know what this one is … [Read more...]

You Won’t Believe How Tame the Dot Com Bubble Looks

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Check out the number of S&P 500 stocks trading at more than ten times their sales. I’m not talking about ten times earnings. This is sales. You know, the price you pay for your house, your groceries, your heating bill—not the profit the company selling to you hopes to make. Imagine if the world you and I live in was priced this way? It would make inflation look like a drop in the bucket. Well, that’s how these companies that index funds are buying hand-over-fist are priced. Look at the number of S&P 500 stocks trading for more than ten times their annual sales on the chart below. … [Read more...]

What It Takes to Be like Tom Brady

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You may have noticed that Tom Brady threw for five touchdowns yesterday. Ho-hum. Just another day at the office. Why can’t the Patriots get good players like Brady? Actually, New England fans are pretty excited about rookie QB Mac Jones, a product of Nick Saban’s Alabama. Heading into this season here’s what Saban and Patriots head coach Bill Belichick talked about regarding drafting Jones. What did Nick Saban, Bill Belichick discuss about Mac Jones ahead of NFL Draft? Nick Saban and Bill Belichick are obviously very close, as Saban is perhaps Belichick's closest friend in the … [Read more...]

Time to Get Your Lazy Cash Off the Couch

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OK, you know how I feel about your lazy cash sitting on its butt on your couch all day long. It’s time to get it up and moving. Time to get it working for you. Because summer’s over and chances are your cash is doing the same thing today as it was on the Fourth of July. Nothing. Not good. Don’t let inertia beat you down. This is your house. But how do you get your cash working when it doesn’t listen to you? Easy. Remember, I’m Your Survival Guy not your “let’s throw some money at this and see how it plays out” guy. Your cash is as precious as ever, even though it drives you nuts … [Read more...]

Breaking News: October RAGE Gauge and Market Corrections

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OK, a major Wall Street firm came out recently and predicted a fifteen percent correction in the market. What should you do? Well, as Your Survival Guy, I continue to stick with my investing plan regardless of what Wall Street predicts. As you know, predictions are cheap. Why? Because more often than not, these predictions are reversed when their crystal balls turn out to be not so crystal clear. So what’s the point? The point of the predictions is to instill fear. Nothing gets the phone ringing like the prediction of a market correction, especially one of this magnitude. Ring, ring, ring … [Read more...]

Shortages Plague Biden Economy: “NOW THE NORM”

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You probably never imagined an America where shortages are "now the norm." But that's exactly how the Biden-economy is being described by Reuters. Howard Schneider and Timothy Aeppel report for Reuters: Shortages of metals, plastics, wood and even liquor bottles are now the norm. The upshot is a world where buyers must wait for delivery of items that were once plentiful, if they can get them at all. [Lauren] Rash [owner of Diamond Brand tent manufacturer] has piles of tents she can’t ship because she can’t get the right aluminum tubing for their frames, for instance, while others lack the … [Read more...]

SECOND AMENDMENT: Guess Who’s Buying All the Guns

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You know that it's been a tough year-and-a-half to buy guns or ammo, or really anything shooting-related. I talk to many gun shop owners regularly, and anecdotally I knew more women were buying guns than ever before, but now the numbers are in and they are epic. Nearly half of the gun buyers from the start of 2019 to April 2021 were women. That's an unprecedented uptick in females buying firearms. No wonder shelves have been bare. Zusha Elinson reports on the trend in The Wall Street Journal, writing: Close to half of all new U.S. gun buyers since the beginning of 2019 have been women, … [Read more...]

I Can’t Believe I’m Agreeing with George Soros, Here’s Why: Part II

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You know I'm no fan of George Soros, (especially since he gave $1 million to reelect Gavin Newsom) but when it comes to BlackRock and their meddling in China, he has a point. In a recent op-ed, Soros points out the hypocrisy in BlackRock's promotion of ESG funds here in the United States, and its foray into Chinese investing. He wrote: BlackRock takes its responsibilities for its clients’ money seriously and is a leader in the environmental, social and governance movement. But it appears to misunderstand President Xi Jinping’s China. The firm seems to have taken the statements of Mr. … [Read more...]