You’re never too old to compound money. Remember Ronald Read? When he died, his estate was worth $8 million. He made a modest living pumping gas at a Gulf station in Brattleboro, VT. He gave life to those $1 dollar tips. A dollar saved is a dollar earned never sounded so sweet. The key to keeping your money alive and well—to survive and thrive—is to consider how much it can grow. Imagine showing a grandchild how to grow a plant in a Styrofoam cup like they learn in school. It doesn’t take too long to see that seed turn into something remarkable. How does it happen? With a little … [Read more...]
Norah Jones Come Away with Me 20th Anniversary Livestream
The Newport Jazz Festival was this weekend. Norah Jones performed on Friday night, closing out the first day of the three-day event. It was a beautiful weekend. You could hear the music from the water or your backyard. Jones’s albums are a staple in our household. Here’s the Come Away with Me 20th Anniversary Livestream from earlier this year. … [Read more...]
Yes, You’ve Met Ronald Read in Richard C. Young’s Intelligence Report
UPDATE 8.1.2022: The key to keeping your money alive and well—to survive and thrive—is to consider how much it can grow. Imagine showing a grandchild how to grow a plant in a Styrofoam cup like they learn in school. It doesn’t take too long to see that seed turn into something remarkable. How does it happen? The key ingredient is a little TLC. That's how Ronald Read made his fortune. Originally posted August 10, 2020. You may be familiar with Ronald Read’s story. It’s a story worth telling over and over and over again to anyone you know. My father in law Dick Young wrote in May … [Read more...]
Survive and Thrive August 2022: “Watch This Boat off Our Stern,” My Dad Said “He’s Coming in HOT”
Dear Survivor, “Watch this boat off our stern,” my dad said. “He’s coming in hot.” “He’s throwing off a huge wake. You’ve got another one coming at us up ahead off port bow. Watch your channel markers. Keep this red to your left. Remember, we’re leaving, it’s not ‘Red Right Return.’ Pick a side up ahead. Looks like starboard passage is clear.” How to Buy a Boat: Part I Such was the reality check for our sailing trips, clearing any cobwebs from our eyes while navigating Woods Hole, a narrow channel where water funnels into Vineyard Sound from Buzzards Bay or, depending on the … [Read more...]
Democrats Drove Families Away with Longer Covid School Shutdowns
You remember in March 2020 when schools and businesses across America shut down out of fear of the Covid pandemic. But as the fears receded, schools in certain places reopened when it was apparent that keeping kids away from school was doing more harm than good. But in some states and cities run by Democrats, school closures became an addiction. It seemed that the powerful teachers' unions didn't want to reopen at all. A new study explains that this approach drove families away. The Wall Street Journal reports: Students and families have paid a high price for pandemic school shutdowns. Now … [Read more...]
NO GO ZONES: The Wealthy Protected, the Rest Left to Rot
Your Survival Guy's wondering about farming, city living, Trump, midterms, and Sen. Joe Manchin. Let's get into this. What we need more of from West Virginia is less Joe Manchin and more Riley Moore. State Treasurer Riley Moore is fighting ESG (See here, here, and here to get an idea about the ESG threat) with a Restricted Financial Institutions list saying, "Any institution with policies aimed at weakening our energy industries, tax base and job market has a clear conflict of interest in handling taxpayer dollars." The list so far: BlackRock, Goldman Sachs, JPMorgan, Morgan Stanley, and … [Read more...]
You’ve Read The Last Issue of Intelligence Report, Now What?
UPDATE July 29, 2022: Is America going into a recession? After two-quarters of declines in GDP, it has that look. The NBER makes the final decision on what is and what isn't a recession, but those designations are often made well into a recession or even after it's over in some cases. Practically speaking, Americans are looking at an economic slowdown that they will have to adjust to, no matter what it's called. Preparing your investment portfolio for slower growth is not always easy. If you need help, I would love to talk with you about building a plan like the one I described here. If you … [Read more...]
“Surge of Interest in Firearms among Urban Black Women”
In urban America, residents are realizing that their politicians' decades-long policies of disarmament have left them, the law-abiding members of their communities, at the mercy of the lawbreakers. Now, they're fighting back. Peter Jamison reports in The Washington Post that there has been a " surge of interest in firearms among urban Black women." Jamison writes: A 16th week had passed with no arrest in the murder of Patrice Parker’s son, another week in which she had struggled through grief for him and fear for herself and her surviving daughters. It wasn’t just that the person who had … [Read more...]
ARTIFICIAL FAMINE: Why Are Governments Intentionally Creating Hunger?
Around the world, elected governments are working against farmers and causing artificial famine in the name of slowing down climate change. What good is a cooler world if there's nothing to eat? At The American Thinker, Andrea Widburg discusses the efforts by Ireland, Canada, and the Netherlands to slow down food production, writing: Thomas Malthus predicted that famine was the inevitable byproduct of agriculturally successful populations: A well-fed population would breed faster than the agricultural sector could grow. For him, that was an unavoidable tragedy. Modern leftist governments, … [Read more...]
The Bond Market Is Alive and Well
With the Fed raising rates by 0.75% yesterday, all of a sudden, the bond game is cookin’. We needed this move. And some more down the road just like it would be exactly what the doctor ordered. I’d like to see a continued pace of rate increases like this until “savers” can get some return on their money. The “risk free” rate of return has been far too low for far too long. Will the Fed have the conviction to see it through? I feel like I’m watching Lucy hold the football for Charlie Brown when I get excited about future moves. We’ll see. Stay tuned. Action Line: Until then, the bond … [Read more...]
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