UPDATE 10.26.2020: RIP Jerry Jeff Walker, Mr. Bojangles, who helped a young Jimmy Buffett follow his dreams. Originally posted on April 26, 2019. Make sure you have a chance to appreciate where you’re going and where you’ve been. Jimmy Buffett put on a pop-up show Monday in Austin, TX in preparation for his summer tour “I Don’t Know”. A client of mine is driving up to Nashville, TN for tonight’s sold-out show at the Ascend Amphitheatre. Here’s a great video of Buffett and Jerry Jeff Walker. Walker (Mr. Bojangles) was the person who gave Buffett refuge in Coconut Grove, FL after he … [Read more...]
Here’s Why You Should Treat Your Disaster Cash like Gold
Update 10/22/2020: Since I wrote this on December 3, 2019, a pandemic, riots, and looting have hit America hard. The price of gold has surged by over 30%. In a true catastrophe, the value of your dollars may plummet to zero, and all you'll be left with is your gold, canned goods, and ammo for bartering. That would be a terrifying scenario for sure. That said, most disasters you'll face in life won't impact the value of your cash, but they could very well impact your access to your bank account. I've been writing to you recently about how the wealthy are moving their money out of bank … [Read more...]
You’ll Love This if You’re Dreaming of an Active Retirement Life
You’ll love this if you’re dreaming of an active retirement life. My clients are ski bums. Well, not exactly, considering they own their own place in the Tetons. But rising before dawn, queuing up for the first tram, especially on powder days, is a ski bum’s life. That’s why it was no surprise to receive this email: Hi EJ! Snow over a hundred inches so far in 2020! Every day a powder day! Several more days for this storm cycle! We have been very happy with your care of our financials. Skiing has been fabulous. More powder tomorrow! Will give you a call when we come up for … [Read more...]
Trump Tucson, AZ Rally ELECTRIC! Plus ArmaLite AR-10
Yesterday, a client told me he was at President Trump’s Monday rally in Tucson, AZ, and said it was, in a word: Electric! He also told me Sen. McSally is putting together a big-time push to the finish line. My client is in the gun business, one that he said, “Is so crazy right now I can’t buy any guns and I”m looking to get out.” He’s an entrepreneur. He’s not retiring. He found another niche business servicing airplanes where he’ll be throwing his hat into the ring. Retirement is not in his vocabulary. As an aside, during our conversation, I asked him about the price for a used ArmaLite … [Read more...]
Chelsea, MA Gives $300/Month You’ll Eventually Pay For
The Sunday Boston Globe explains that the town of Chelsea, MA, will begin testing a program giving about $300 a month in supplemental income to families of need. A local billionaire is providing a chunk of the money (through her foundation thanks to the family’s online furniture business). Is it guilt money? And what happens when she gets bored and moves to another crusade? Because once the government starts giving money, it never stops. The article points out it will be given with credit cards to avoid the stigma of government assistance. You and I know the end game is for the … [Read more...]
New Update! Why Vanguard is Too Big: Part IX: It’s NOT Different this Time
Your Survival Guy’s boiler room is stacked with buckets of 30-day survival food sprinkled with Spam and other canned delicacies. My son tells me he can’t wait to try some of it. Other members of my family tell me they’d rather starve. Your Survival Guy also has a weakness in the canned goods aisle. Cans of BOGO tuna and sardines magically jump into my cart like fish out of water. “We’re good on the canned fish,” I’m told. Who knew the term “value” could be so subjective. Last month investors believed Apple was worth eight percent of the market. (They’ve since re-thought that). As I’ve … [Read more...]
This Poll Predicts a Trump Win, Do You Know Why?
National Review’s Rich Lowry’s explains how pollster Trafalgar Group called Trump’s win in 2016 and is predicting a repeat in a couple of weeks by capturing how Americans feel in their hearts. As Trafalgar Group’s CEO, Robert Cahaly explains, not every family has a half-hour to answer questions. What Cahaly did was find a way to capture the mood of the busy family with a shorter list of questions and to remove the stigma of being judged by their responses—he found respondents don’t tell you what’s in their hearts. That’s why polling is so hard. Feelings aren't easy to capture in a poll. … [Read more...]
The Fix is In: How President Trump Wins the Debate
Here are the topics that NBC’s Kristen Welker will cover. Fighting COVID-19 American Families Race in America Climate Change National Security and Leadership Here are just three that voters care about more: The Economy Law and Order Law and Order, the Economy You look at the recovery from the fake pandemic and you think about what the Biden/Obama years were like, and you realize Harris/Biden would be a whole lot worse. Take a look at the charts below and imagine what the next four years will be like. Law and Order President Trump … [Read more...]
Joe Died Suddenly, What If It Were You?
What if you die suddenly? It’s a question that’s been on my mind because it happened to a long-time client of mine. We’ll call him Joe. He was the friend who would send you political emails at all hours of the night. We all know someone like him. He kept you in mind as he fumed about the direction of the country, and he was on your mind because he was clogging up your inbox. This was Joe’s way of taking his mind off of other things. Yes, he was fed up with what was going on in politics. It made him angry, but it also helped mask his sadness. You see, Joe’s only child, his son whom he loved … [Read more...]
Presidential Debate #2: What if It Wasn’t Cancelled?
Who’s having more fun this week than President Trump? You watch him at his rallies, and connect with his supporters, and you can’t help but smile. Then, you watch former VP Biden in front of his handlers, and you wonder if he knows why he’s even here. Imagine the two of them debating in a town hall. You know President Trump thrives on stage. It’s why, unlike the first debate between he and moderator Chris Wallace, the second one would have shown how good Trump is when he’s with American voters. You see how President Trump’s children treat their dad, and you see “family” front and center. … [Read more...]