Your seats await at Newport’s Castle Hill where you can watch the boat traffic come and go along Narragansett Bay. This is the entrance to Newport. Everyone passes Castle Hill whether it’s after a long journey crossing the Atlantic, returning from the Newport/Bermuda race, a weekend cruise to the Vineyard, or a day sail out to Brenton Reef. Above, you’re looking across the Bay to Jamestown, RI. Action Line: Come spend some time in Newport and bookend either side of your trip by visiting me at 98 William Street. I’ll help you live like a local. There’s plenty for you to see. Contact … [Read more...]
YOUR RETIREMENT LIFE: Investing in the 70s, a Remembrance
Did you invest in stocks in the 70s? Do you remember the 70s? Like they say about Woodstock, if you do, “you weren’t there, man!” Look at my chart below to see why it was so forgettable. Imagine retiring in the late 60s and spending your retirement years investing in stocks. Not much fun. But, if you went into retirement with a plan, there’s a good chance you could weather the storm by owning a mix of diversified assets. When I say plan, I mean preparing before retirement with answers to questions like: How much can I “afford” to spend? What kind of yield can I get on blue-chip … [Read more...]
Here’s Where Americans Want to Move
Americans are looking for cities with a low cost of living, and strong economies. The Wall Street Journal has run the numbers and found the top 10 cities in what it calls The WSJ/Realtor.com Emerging Housing Markets Index Summer 2022. The cities on the WSJ's list are nearly all in red states, most of them are in my Super States, and the one standout, the Visalia-Porterville area in California, is in what is essentially a red island in the state's sea of blue. The WSJ's Nicole Friedman reports: Low-cost cities with strong economies fared well in the second quarter as high prices and rising … [Read more...]
Newport Folk Festival 2022: Surprise Appearances by Paul Simon and Joni Mitchell
For over six decades, the Newport Folk Festival has been a key point of Newport's summer festivities. There have been legendary performances given on its stage and memories made that last a lifetime. This year, Paul Simon made his Newport Folk Festival debut, joining Nathaniel Rateliff's American Tune Review to perform four songs, "Graceland," "American Tune," "The Boxer," and "Sound of Silence." According to StereoGum's James Rettig, "He was joined by Rhiannon Giddens on 'American Tune,' and a whole bunch of performers came out for 'The Boxer.' "What a joy working with Nathaniel and his … [Read more...]
Your Retirement Life: This State is Dominant Once Again
Originally posted on December 9, 2019. You’re familiar with my piece Rich Grandchild, Poor Grandchild. Now I want you to shift gears and think about which states are the rich states, and which ones are the poor states. “For each of the past 12 years, Arthur Laffer, Jonathan Williams and I have answered that question in ‘Rich States, Poor States,’ an index of economic competitiveness published by the American Legislative Exchange Council. Every year the top performer has been Utah,” explains Stephen Moore. Yes, that's right, the winner once again is Utah. On a recent ski trip to … [Read more...]
PREPARE: No Go Zones Coming to Your Neck of the Woods
Your Survival Guy’s Super States map gives you a bird’s eye view of where to immediately look for a better America—one where you can raise your family, own a house, and have a job with the peace of mind you deserve. The American dream. But simply putting your finger on a map and moving is easier said than done. Your Survival Guy’s 2022 Super States: #1 New Hampshire We’re talking about a moving target here, where one election could make or break how life moves ahead in your neck of the woods. Believe me, there are plenty of nice places to live in blue states like Newport, RI, but the … [Read more...]
How to Avoid Going Back to Work after Retirement
Where did all the workers go? In what’s being called the “Great Resignation,” there’s nothing great about it, especially for investors who thought they had “enough” to retire on. It’s a terrible situation to be in, not knowing when to “get back” in or how to invest with safety in mind. That’s why you need a plan well before times like these, because a failure to plan is a plan to fail. In my conversations with you, the first area we cover is risk. We talk about diversifying your portfolio with an eclectic mix of dividend payers and allocating for income/safety with bonds. We don’t use just … [Read more...]
Red States Churning Out Jobs While Blue States Lag Behind
You have seen my advice throughout the pandemic, the riots, the inflation, and war: Escape the City. Get out of big blue blob states and move instead to one of my Super States. You can do it. Many people have. The economies of America’s red states (the free states where Main Street businesses are encouraged and families are valued) are soaring, while the other states—I call them the Escape States—are struggling. Josh Mitchell reports in The Wall Street Journal: The pandemic has changed the geography of the American economy. By many measures, red states—those that lean Republican—have … [Read more...]
“Talk to Me, Goose!” Time Flies in Top Gun: Maverick
“Talk to me, Goose!” If you haven’t seen the sequel to Top Gun, then this is your chance to see it in a movie theater and realize how fast time flies. Because with the opening scene for Top Gun: Maverick, you’ll be brought back in time. It’s hard to believe it’s been 36 years since the first one. And yet, Tom Cruise looks about the same. Incredible he turned 60 over the Fourth of July weekend. You’ll want to see Top Gun: Maverick at a movie theater because one of the best parts is the applause from the audience when the closing credits roll. It’s been years since we’ve been to a theater, … [Read more...]
Get Out There, Live Life to the Fullest, Let’s Go
I thought you’d like to see this pic sent from clients on their annual windsurfing trip to Maui. They’ve been going out there for as long as I can remember—which when I think of it, is a long time now. … [Read more...]
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