Tag Archives: investing

Episode-1749- Financial Preparedness the Modern Survivalist Way

It Would Be Funny If It Wasn't So Accurate

It Would Be Funny If It Wasn’t So Accurate

Tuesday shows are always stand alone, just Jack shows on a particular subject.  Today’s will be on financial prepping, next Tuesday will be on guns and the following will be on food storage and prep.  This was all due to the results of an informal Facebook poll.  You can see the post and results here.

To that end I will be doing more stuff like this in the future to let you guys tell me what topics you want covered.  Today we delve into financial preparedness in a way you won’t ever learn in school and almost no “financial adviser” will ever assist you with, except perhaps John Pugliano.

Economics and the reality of unfunded liabilities, the national debt along with everyday financial worries is the number one reason people get into the preparedness lifestyle.  Sometimes it is from a practical approach but just as often it is panic and fear based.  Today we set aside panic and establish a base of common sense and pragmatic techniques to build, preserve and protect wealth.

Join Me Today To Discuss…

  • The number one wealth killer – poverty consciousness
  • The number two wealth killer – consumer age thinking
  • Why the two are actually related and not as oppositional as you’d think
  • The lesson of the game Monopoly
  • Why debt is cancer and must be eradicated
  • Why saving is more important than investing for most people
  • The lessons of alternative energy
    • Start with increasing efficiency (income)
    • Reduce losses (spending)
  • My rules for truly becoming financially resilient
    • Increase your economic IQ – daily for a year at least
    • Save money, determine what you can save, then do a bit more
    • Reduce expenses in small ways, put at least half of it away
    • Create additional income (business, second job, more hours)
    • Save money (cash on hand, cash in bank, CDs, bonds)
    • Become a land owner on some level
    • Put some money into silver/gold (5-10% of NW)
    • Put some money into bitcoin (a little each month or quarter)
    • Become a producer of food, yes, really
    • Plant trees
    • Buy the best you can afford once vs. cheap twice
    • Become highly skilled at fixing your own problems
    • See opportunity everywhere because it is everywhere
    • Become a great cook
    • Invest in only what you understand and only when it makes sense
    • Get out of the way of telegraphed punches, yes time the market
    • Pay off all debt asap, I know I said it before and I will keep saying it
  • Final thoughts – The game is rigged, it is a big club, you are not in it!

Resources for today’s show…

Sponsors of the Day

ginkgobilobaBob Wells Plant of the WeekGinkgo Biloba Tree – Adaptable from zone 4 to zone 9.

Ginkgo Biloba, also known as maidenhair tree, is a deciduous tree. These trees are extremely long-lived, with individual specimens surviving for up to 3,000 years. Ginkgo Biloba trees have distinctive leaves that flutter in the slightest breeze.

Once fall arrives, the leaves turn golden or bright yellow before carpeting the ground. The extract from the leaves are used in Ginkgo Biloba supplements to improve memory, symptoms of dementia and blood flow.

Bob Wells specializes in edible landscape, including: Fruit Trees, Berry Plants, Nut Trees, as well as the hard to find Specialty Fruit Trees. Find this plant and more at BobWellsNursery.Com

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK (866-658-4465) and you might hear yourself on the air.

Also remember we have an expert council that can answer you questions. If you have a question send it to jack at thesurvivalpodcast.com with TSPC Epert in the subject line. Ask your question in one to two sentences so it is clear then provide any additional details. Make sure to tell me what council member the question is for. You can Meet the Expert Council at this Link.

Join the MSB Today

Join the MSB Today

Want Every Episode of TSP Ever Produced?

Remember in addition to discounts to over 40 vendors who supply stuff you are likely buying anyway, tons of free ebooks and video content, MSB Members also get every edition of The Survival Podcast ever produced in convenient zip files in blocks of 24. More info on the MSB can be found here.

Episode-1628- Five Financial Landmines to Avoid when Buying Land

Scott Todd - Founder of Landmodo.com

Scott Todd – Founder of Landmodo.com

Scott Todd is a principal at Landmodo.com, a land investment firm that buys and sells land throughout the US. Scott and his wife started the company to help others have a chance of land ownership.

Since 2012, Scott has watched as land owners make the same common repeated problems when it come to buying and owning land and he’s on a mission to help others discover how to avoid common issues with buying and owning land.

Land acquision is one of the most common goals among the TSP audience.  Some want farms, some want homesteads, some want BOLs and others just land for investment.  The smartest among you want all of those in one.

The issue though is land while a great investment is also full of risks.  Worse most people have been lied to and believe that land and home ownership is largely the safest of all investments.  Well purchased smartly it can be, yet their are 5 huge pitfalls you need to avoid to make that happen.

Today We Discuss 5 Major Problems When Buying and Owning Land

  • Buying land without confirming that the deed is transferable
  • Not having an exit strategy
  • Not understanding the 3 deed types
  • Not holding title correctly
  • Not understanding the limitations of the land

Resources for today’s show…

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK (866-658-4465) and you might hear yourself on the air.

Join the MSB Today

Join the MSB Today

Want Every Episode of TSP Ever Produced?

Remember in addition to discounts to over 40 vendors who supply stuff you are likely buying anyway, tons of free ebooks and video content, MSB Members also get every edition of The Survival Podcast ever produced in convenient zip files in blocks of 24. More info on the MSB can be found here.

 

Episode-1482- John Pugliano on Small Business as a Wealth Building Tool

John Pugliano of Investable Wealth

John Pugliano of Investable Wealth

John Pugliano is a late blooming entrepreneur and the founder of Investable Wealth, LLC an independent fee only investment advisory firm. John served in the military for 7 years before starting a 20 year corporate career in sales and marketing of industrial products.

More importantly he followed his passion and honed his skills as an individual investor for over 25 years before becoming an investment adviser. Understanding the plight of the retail investor, he advises clients using the experience he gained while managing his own portfolio. John has recently launched the Wealthsteading Podcast.

John practices what he preaches. He believes in first being a disciplined saver, getting your preps in order, and then investing in the stock market. John is a long time TSP listener, he’s a MSB member, and a PermaEthos Founder.

Today he joins us to discuss small business ownership as a primary method of building wealth.  In this show John discusses getting mentors, developing entrepreneurship groups, funding your start up, building local and then reaching out nationally or internationally.

He then goes into why value add is a great entry method into business start up.  How you can gain insight by talking to local businesses and business owners.  John also explains the necessity of a simple business plan, keeping employee head count low or even to zero and learning from your mistakes.

Resources for today’s show…

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK (866-658-4465) and you might hear yourself on the air.

Also remember we have an expert council you can address your calls to. If you do this you should email me right after your call at jack at thesurvivalpodcast.com with expert council call in the subject line. In the body of your email tell me that you just called in a question for the council and what number you called in from. I will then give the call priority when I screen calls.

Join the MSB Today

Join the MSB Today

Want Every Episode of TSP Ever Produced?

Remember in addition to discounts to over 40 vendors who supply stuff you are likely buying anyway, tons of free ebooks and video content, MSB Members also get every edition of The Survival Podcast ever produced in convenient zip files in blocks of 24. More info on the MSB can be found here.

Episode-1281- John Pugliano on 10 Trends for 2014

John Pugliano of InvestableWealth.com

John Pugliano of InvestableWealth.com

John Pugliano is a self taught investor with over 25 years of investment experience. Recently he founded Investable Wealth, LLC to offer independent advice and money management based on his stock trading philosophy and methods. John has served in the military and worked for several large corporations.

He is the father of six. John and his wife Cheryl live happily and debt free in Utah. John spent 20 years in corporate America as an industrial products business development salesman. More importantly for past 25+ years he has taught myself to invest in the stock market and today has a net worth in excess of 1 million dollars.

He is now a licensed financial adviser and owner of an investment advisory firm. Like myself, John has had an extremely low opinion of the financial adviser industry- which is one reason why he has started his own firm.

Join US As We Discuss John’s 10 Trends to Watch in 2014

  • Disregard for rule of law by typically law abiding citizens
  • The paradox of inflationary deflation
  • A interesting mid term election
  • Executive order and regulatory agency decrees
  • A continued energy boom, despite the government not because of it
  • Growth and expansion of free and online education options
  • Continued advancement in automation processes
  • Continued growth and acceptance of alternative currencies
  • Surprising growth of the “liberty movement”
  • The continued growth individual entrepreneurship

Resources for today’s show…

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK (866-658-4465) and you might hear yourself on the air.

Also remember we have an expert council you can address your calls to. If you do this you should email me right after your call at jack at thesurvivalpodcast.com with expert council call in the subject line. In the body of your email tell me that you just called in a question for the council and what number you called in from. I will then give the call priority when I screen calls.

Our Expert Council is Made Up of…

Join the MSB Today

Join the MSB Today

Want Every Episode of TSP Ever Produced? Remember in addition to discounts to over 40 vendors who supply stuff you are likely buying anyway, tons of free ebooks and video content, MSB Members also get every edition of The Survival Podcast ever produced in convenient zip files in blocks of 24. More info on the MSB can be found here.

Episode-1219- John Pugliano on Rules for the Beginning Investor

John Pugliano of InvestableWealth.com

John Pugliano of InvestableWealth.com

John Pugliano is a self taught investor with over 25 years of investment experience. Recently he founded Investable Wealth, LLC to offer independent advice and money management based on his stock trading philosophy and methods.

John has served in the military and worked for several large corporations. He is the father of six. John and his wife Cheryl live happily and debt free in Utah.

John spent 20 years in corporate America as an industrial products business development salesman.  More importantly for past 25+ years he has taught myself to invest in the stock market and today has a net worth in excess of 1 million dollars.

He is now a licensed financial adviser and owner of an investment advisory firm.  Like myself, John has had an extremely low opinion of the financial adviser industry- which is one reason why he has started his own firm.

Join Me As We Discuss John’s Formula for Beginning Investor…

  • 1. First get your preps in order
  • 2. Research & Education
  • 3. Only invest what you’re prepared to lose
  • 4. Open an account at a discount broker
  • 5. Only trade index ETSs- SPY, QQQ, IWM, etc ( if locked into a 401K)
  • 6. Swing trade between cash and index ETFs based on market sentiment
  • 7. Buy a little late into the rally and get out early
  • 8. Never Buy & Hold
  • 9. Learn from your mistakes

Resources for today’s show…

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK (866-658-4465) and you might hear yourself on the air.

Also remember we have an expert council you can address your calls to. If you do this you should email me right after your call at jack at thesurvivalpodcast.com with expert council call in the subject line. In the body of your email tell me that you just called in a question for the council and what number you called in from. I will then give the call priority when I screen calls.

Our Expert Council is Made Up of…

Join the MSB Today

Join the MSB Today

Want Every Episode of TSP Ever Produced?

Remember in addition to discounts to over 40 vendors who supply stuff you are likely buying anyway, tons of free ebooks and video content, MSB Members also get every edition of The Survival Podcast ever produced in convenient zip files in blocks of 24. More info on the MSB can be found here.

 

Episode-1144- Building Wealth with John Pugliano

John Pugliano has been in corporate America for past 20+ years as an industrial products business development salesman.  More importantly for past 25+ years he has taught myself to invest in the stock market and today has a net worth in excess of 1 million dollars.

Recently he has become licensed and started an investment advisory firm.  Like myself, John has had an extremely low opinion of the financial adviser industry- which is one reason why he has started his own firm.

John joins us to discuss building wealth and steps to financial independence (get rich slow, 21 years or less, depending on your knowledge and situation).   This is a “beyond Dave Ramsey” get out of debt concept with three critical steps

  • 1) Learn a marketable skill
  • 2) Get paid for achievement not by the hour
  • 3) Develop passive income.

Today we discuss how this works based on Thomas Stanley’s book “The Millionaire Next Door”.   We also discuss how can just about anyone become financially independent in 21 years or less. Ways to detect “financial liars.  How to get your kid’s to fund their own education and how living debt free is the ultimate way to run your financial life.

Resources for Today’s Show…

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-1134- Understanding and Investing in Silver

Custom Medallions a Just One Option for the Silver Investor.

Custom Medallions a Just One Option for the Silver Investor.

I’ll promise right  up front that this will not be a TSPMint.com infomercial.  In fact I will spend the majority on the show on other types of silver, why silver is a great investment and why many “fears” and “concerns” with buying silver are not worth worrying about.

I also want to talk about the real and false reasons behind the recent drop in precious metals pricing.  There are two things going on here, prices should be coming down but not as far and not as fast as they are.  Just as speculation can drive up a commodity (especially when it is going up some via real market forces) so too can speculation drive a commodity down.

Additionally I want to really discuss why I suggest only 5-10% of your wealth in silver and gold and why I don’t recommend platinum and palladium in that number.  I will also discuss why I don’t recommend jewels or even really jewelry in that number, though jewelry can be one great way to increase metal holdings.

Join Me Today As We Discuss…

  • Why I focus on silver over gold
    • The delta still favors silver
    • Silver has many uses that use it up
    • Silver is the common man’s currency
    • Silver is more widely available and for now incurs less oversight
  • Types of silver and what makes each unique
    • Generic bars and rounds (ounce and fractional)
    • Custom medallions and pieces (ounce and fractional)
    • Collectable silver (numismatic, affinity, etc)
    • Bars (5 ounces and up)
    • American Silver Eagles
    • International Government Issued Silver (Aussie, Canadian, Mexican, etc.)
    • U.S. Pre 65 Silver Coinage (90%)
  • Methods of storing your silver
    • In slab floor safe
    • Fire proof safes
    • Private storage
    • Bank safety deposit box
    • Silver banking (why I don’t like it yet)
    • Paper silver
    • Buried in the ground (don’t do this!)
    • The multi cache method (a little of all)
  • Inventory and audit
    • Don’t think you know, know
    • Don’t think in dollars (it will make you happy and sad about nothing)
    • Do inventory types, not just ounces
    • Do photograph items in type stacks (for insurance)
    • Do update your inventory often
  • Final thoughts
    • If you don’t think you can afford silver right now you can’t
    • Take a balanced approach
    • This is not likely to make you rich, but it might, who knows
    • Selling silver is never as smart as trading it
    • Don’t worry about confiscation, really don’t do it

Resources for today’s show…

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-1070- Craig Rowland on “The Permanent Portfolio”

Craig Rowland, Author of "The Permanent Portfolio".

Craig Rowland, Author of “The Permanent Portfolio”.

Craig Rowland is a software entrepreneur who sold his previous company to Cisco Systems, Inc.  He was also an early stage employee with successful acquisitions in 1998 of WheelGroup Corporation to Cisco Systems and early stage consultant to TippingPoint Technologies which sold in 2004 to 3Com Corporation.

These companies focused on computer and network security and he holds several patents in the area and has done other interesting research in the field.

Craig currently volunteers for a local technology incubator as a start-up coach and help turn ideas into businesses.  He has experience in executive management, venture capital fund raising, public speaking, marketing, sales, engineering management and development.

Craig joins us today for a discussion of his new book: The Permanent Portfolio: Harry Browne’s Long-Term Investment Strategy.

Today we discuss…

  • What exactly is a permanent portfolio
  • What real diversification of investments looks like
  • Why you should hold government bonds even if you think the dollar is doomed
  • The best ways to hold gold
  • How Americans still have some options to hold assets outside of the US
  • The benefits of adding geographic diversification to your investments
  • Two funds that use this strategy if you don’t wish to do it on your own
  • What the US implementing capital controls says about our future

Additional Resources for Today’s Show

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-1063- Rob Gray on Holding Silver in a Self Directed IRA

Rob Gray of AOCS

Rob Gray of AOCS Joins Us Today to Discuss Self Directed IRAs.

There were no less then 200 inquires from the audience after Rob Gray’s last appearance where he mentioned that you could set up an IRA where you had phyical possession of silver inside the IRA.

When there is that level of interest in a topic I get off my “forth point of contact” (butt for no military types out there) and get it on the air fast.

So Rob has returned to discuss exactly how you set up an IRA where you are in total control of all assets held within it and can physically put your hands on any items held in the IRA.

I have always been opposed to phyical metal in an IRA because I simply don’t consider metal in a vault 1000 miles away to be phyical metal, the only thing I hold is a piece of paper saying the metal exists.  This method Rob lays out today takes care of that issue.

Rob and I are in agreement when it comes to buying new silver that you are better off buying metal and holding it privately but many of us have old IRAs, this I think is the best use for the system we will discuss today.  Short of cashing out early and paying the penalties this is the best method I have ever seen to take full 100% control of assets (including phyical assets) inside an IRA investment vehicle.

Join Rob and I Today as We Discuss…

  • What is a self directed IRA
  • How do you set up a self directed IRA
  • What can you hold in a self directed IRA
  • How do you maintain 100% control of metal in a self directed IRA
  • Can you hold silver in a safe deposit box with a Self Directed IRA
  • What is the most secure type of home safe for storing small items
  • Is there a way to hold silver and earn interest on it, yes
  • What does the recent scare on guns and mag teach us about markets as a whole
  • What exactly is IRA approved silver
  • Why I think you 100% should use a professional to set up your SD IRA

 Resources for Today’s Show:

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Video Review of the First TSPMint.com Silver Medallion

This is a quick video review of our first ever TSPMint.com silver ant medallions.  I also show you the collectors edition Debt and Death Copper round contributed by Chris Duane of Silver Bullet and Silver Shield and The Greatest Truth Never Told.

Remember the free one ounce copper Debt and Death comes with any order of 5 or more silver rounds but ONLY until midnight on Sunday the 3rd of February, 2013.  After that the pricing including the member pricing remains at 2.99 and 1.99 over spot respectively but the copper collector round is no longer available at any price.

To get our new Silver Rounds visit TSPMint.com

To join the MSB for big discounts visit TSP Member’s Brigade