Those who take intelligent risks in the future can eliminate their financial concerns. Think about the profits earned by early investors in risky companies such as Microsoft, Apple, Google, Facebook, Amazon, Tesla or Bitcoin.
The more disruptive technology becomes in our society, the greater the risk we have to take as investors.
This technology will make a few richer, but more poorer. I don’t like this fact but for sure want to among those who benefit. I want you to be among the richer and happier as well.
To help you enjoy the benefits of new technology, for many years I have urged readers “Do what you love and create a PIEC Wealth Plan”.
PIEC stands for “Personal Income Earning Corridor” and comes from a three path strategy for fulfillment and wealth.
PIEC concepts of financial prudence differ from traditional approaches of accumulating wealth because the first investment in our investment strategy is our passion. Our total PIEC portfolio comes in three layers: a fulfilling micro business or job, then a layer of very safe investments followed by a third, much smaller layer of speculative deals.
For the layer of very safe investments we recommend a Top Value Strategy that invests in country ETFs that cover the best value stock markets around the world. This is a no fuss, low cost, portfolio that has numerous safety, income and liquidity features and has been shown to produce the highest capital return in the long term.
This message look at how to manage that third smaller layer of risky speculative deals.
Let’s use the example of investing in the audio-chat app Clubhouse, when it hits the market. Clubhouse is an app that may take over from Zoom.
Investors who jumped into Zoom when the price was in the $100 a share range (or less) saw their investment rise five times in a year!
Now it’s faltered.
Should an investor stay in or get out?
Zoom has already had its big jump. Maybe it will last, or maybe this will be a flash in the pan. Keep in mind the shares would have to reach $1,500 over the next twelve months for investors to make the same big quintuple profits in a year.
Zoom stock chart at www.finance.yahoo.com
Let’s look at the potential for Clubhouse as the next Zoom, but not because I think it’s going to be a big winner. Honestly I do not have a clue. Nor does anyone else and this is the point. In the current socio-economic atmosphere we have an increasingly risky environment so we have to speculate more.
Three factors have increased the need for investing in risk; low interest rates, inflation potential and massive infusions of disruptive technology.
The Wall Street Journal article “Silicon Valley’s Deal Machine Is Cranking: ‘I’ve Never Seen It This Frenzied'” (1) shows how investors have realized the need to speculate in disruptive tech.
The article talks about Clubhouse which is looking like one of the next big deals.
Here how to make sure you don’t get burned by investing in Clubhouse or any speculation like it.
Don’t get burned in a clubhouse or with Clubhouse
The most dangerous time to invest is when hysteria builds in the market place and a share has become a craze.
The Wall Street Journal lead in this article shows that this may be (a hysterical craze) where Clubhouse might be when it says: “Chase for next big social-media app drives funding frenzy”.
Deal flow and valuations are reaching new heights in technology startups, as a flood of cheap cash fuels efforts to find the industry’s next big winners, from software to social media.
In the first quarter this year, U.S. startups raised $69 billion from investors—41% more than the previous record, set in the fourth quarter of 2018, according to data firm PitchBook Data Inc. The average valuation for startups at all stages also reached a new high, and more than tripled from last year to $1.6 billion for late-stage companies.
“I’ve never seen it this frenzied,” said Larry Albukerk, who started his investment fund EB Exchange, which gives investors access to purchase stock in startups, in 1999. “It’s lightning-fast rounds with a lot of cash.”
Investors are offering startups five times—or more—the amount of money they are asking, and deals that used to take months now sometimes close in days, according to venture capitalists, deal makers and founders. Startups are raising cash every few months rather than every couple of years, and valuations are soaring with each new check, these people say.
Many of these new social apps use video, audio and text features to connect strangers and friends, fans and celebrities, including the chat service Discord Inc. and Stationhead Inc., where users can effectively host their own radio show. Others such as Patreon Inc. and Clubhouse are built on an industry of self-described creators seeking new platforms where they can self-publish content and make money.
Clubhouse has been center stage. Three months ago, the audio-chat app was celebrating a new funding round in which venture capitalists valued it at $1 billion, 10 months after it launched. Today, it is valued at $4 billion, according to people familiar with the matter.
When shares like Discord, Sationhead, Patreon and Clubhouse go public they, will be way overvalued… unless they stick and become the next Facebook or Amazon or such. But there is a good chance that they might be a short term deal similar to the way Zoom could turn out. A big burst and then a fizzle.
These are not good conditions for value investing! Yet this type of speculation has a place in the small speculative part of a PIEC plan.
Dr. Richard Smith
I’m really pleased that my friend Dr. Richard Smith has created a new program “The Risk Rituals” to help manage risk because what he is doing fits nicely into the PIEC plan
Richard says this at his website (2) “The RISK Rituals are all about helping you to take smart risks and avoid stupid risks”.
Here’s how the Risk Rituals work.
We take each letter in the word “risk” and turn it into an easy-to-remember principle for approaching risk-based decisions.
- R = Rest
- I = Invest
- S = Stick
- K = Keep
Pretty cool, huh? Let’s briefly unpack our four principles of successful RISK management.
Before anything else, stop and breathe. Don’t let anyone rush you. Be deliberate. Be intentional. Take the time you need. Make sure that you know what you’re risking and what you expect to gain. Most importantly, make sure that you really want to do this!
Commit! Take the leap. Pull the trigger. Don’t look back. This is a brief but pivotal step. The longest journey begins with a single step. Take that step.
Stick to it. Stay the course. Execute. You are the rare individual who actually has a plan and knows what you’re doing. Get the job done!
Keep your gains. You earned them! They are yours. Don’t let anyone ever take them away from you. Even a loss can be a gain once you accept the fact that those who do step up to the plate have to be willing to strike out.
I hate risk. I take my wins and losses too personally. That’s a personality flaw and I recognize it. The older I get the less of it, I want. That’s tough luck for me, because in this case what I want and what I get are usually not the same thing. I decided to reach the age 75 during risky times.
The perfect state of mind comes when what we have and get are exactly what we want. Turmoil, chaos and growing volatility, even a little anarchy is what we have been given, so I embrace it and learn how to manage risk so I’ll sleep better at night (and feel better during the day as well..
The Risk Rituals certainly are helping me, so if you don’t have a risk management program yet, I suggest you take a look.
CHAOS CREATES MANY OPPORTUNITIES FOR YOUCash in on the new normal.
If the pandemic taught us anything it’s that the so called “experts” really don’t have a clue how to solve this problem. We cannot rely on their information. Instead, we need to plan for and prepare for our own “new normal” if we want to survive.
The pandemic has not been the real problem.
The global response to this viral outbreak is just a symptom of a world that’s sliding into a devastation and disorder. The worst turmoil is still to come because of economic, social and demographic tensions that have been building for 70 years.
With mounting government debt, globally, the current economic system that has run the global economy for decades, is in decline and disorder.
The current social economic archetype has already killed millions and destroyed the finances and lives of far more. Worldwide, unemployment is at an all-time high. Many businesses have been destroyed.
Governments are trying to solve the problem by throwing money on the fire and are they are being crushed in debt in the process.
Yet, the problem is just a beginning, because al that holding the system together is low interest rates and a lack of belief in inflation.
Yet inflation is here and with it will come higher interest rates that can crush stock markets and ruin the ability of governments everywhere to pay their debts.
To survive the coming economic downturns, you’ll need to learn the importance of adjusting how you live, work, invest and take care of yourself for the next ten to fifteen years!
You can’t rely on governments to bail you out.
That’s exactly what Merri and I have been doing for the last 50 years.
We have learned the power of being able to adapt to constantly changing markets all over the world and created a not-so small fortune while doing so. That’s why we’re uniquely qualified to teach you how to not just survive but to PROSPER during the challenging times ahead. Chaos always creates many opportunities for those who know how to spot them and take advantage of them. A good example has been the mass exodus from urban areas to more rural areas.
Since many are working from home, they can live anywhere. There is a shortage of good housing in rural areas now. Merri and I are buying then rehabbing houses to full the gap. We saw this opportunity coming and jumped in early.
We let readers know of the risks of a pandemic, back in 2016.
Many are already enjoying a safer more secure and financially stable lifestyle already despite the lockdowns and crumbling economy.
Instead of waiting for things to get better, start preparing for things to get worse, much worse.
You also need to learn how to spot opportunities which are all around you. As the economy changes, the opportunities will change too.
That’s why Merri and I keep a constant pulse on opportunities worldwide and report our findings to a special club of unique individuals that we started over 30 years ago. For decades, this club has been called the International Club, but this year we renamed it the Pruppie Club.
What is a Pruppie?
Pruppieism, the new economic and social realism. Pruppies, like Yuppies, expect everything to expand. They take advantage of every new benefit and technology they can. Pruppies enjoy using the fruits of our ancestor’s deliberations and labors to earn in this advanced technological world.
Pruppies, also, like Preppers, engage in activity that they love that will sustain them when society and the incredibly intricate weave of our global economy and society let us down.
We need to be both, Yuppies and Preppers, Pruppies!
Take profit from the incredible new technology that gives us super powers to earn and grow wealth. Be safe and secure, when social economic tidal waves like plagues, stagflation fascism and communism overwhelm the world.
Pruppies are prepared in case everything, everywhere, or at least everything relating to their income and savings fails and the fabric that surrounds their lives disintegrates into an unknown veil.
Yet a Pruppie’s preparation is not a sacrifice, but a joy as you will see.
Learn how you can become a Pruppie.
I’m no farmer but grow citrus so I’ll always have food to swap. Let me show you how to lock in your food supply.
EARLY ACCESS! We are changing more than the club’s name and you can be in the unique position as one of a select few who are charter members of our new Pruppie Club.
You’ll be the first to know about opportunities and trends all over the world in our bi-monthly report and monthly conference calls which are exclusively for members.
You’ll learn how to:
- Create a sustainable income without a job or a pension – just in case you lose your job or there is a disruption in pension payments.
- Learn how to make money working from home – wherever home might be. A location independent business gives you the flexibility to move to a safer or more affordable location if necessary.
- Turn your passion in to a profit.
- How to create quick cash and lasting wealth when you don’t have any money to get started. This strategy can help you build a nest egg fast.
- Learn easy ways to grow food, including beekeeping, hydroponic and greenhouses (if necessary, food can be used to trade for other services or to sell)
- Natural healing and lifestyle changes to make now to avoid expensive medications later.
- Alternative water sources including rainwater collection – just in case the municipal supply is not available for extended periods of time.
- Alternative Heating and Power. Solar, wood, wind, and hydropower.
- Where the opportunities are now and the best way to profit from them.
- Communication beyond internet – how to stay in touch if the internet or power goes down. Protect against government and businesses from snooping around what you wrote and say.
- Learn about safe social media sites.
- Precious Metals, Crypto Currencies, and stock investing diversification strategies.
- International living to reduce costs and gain more freedoms
All this and much more will be EXCLUSIVELY available to you as one of the select charter members of our Pruppie Club.
The regular prices for the International Club was $497 per year, but during this time of crisis we are dropping member ship to $249 .
I invite you to join those few who will become healthier, wealthier and more fulfilled in the decade ahead. Become a Pruppie, one of the core persons who will glide through the destruction and be able to help the world restore order.
I’m no builder nor carpenter, but was partly responsible for creating these condos on Ecuador’s coast (above) and in Ecuador’s Andes (below), a decade before this expat community boomed. Find out the trick for spotting trends like this early.
As an Elite Pruppie Member, you’ll get INSTANT ACCESS To:
Live Anywhere, Earn Everywhere (a $39.99 value). This 250 page report published in 2016 reveals ways to gain fulfillment doing what you love but how to also include something that will be useful if society and the incredibly intricate weave of the global economy and society fail.
This report has already helped many readers prepare for the pandemic in advance, but it’s not too late. the incredible special opportunities for future profit still exist.
Natural Healing the Shamanic Way (a $59.97 value). Learn about #1: Nutrition, #2: Purification, #3: Exercise These three reports show how to gain better natural health. The foundation of all fulfillment, contentment, happiness and success is good health. Yet when it comes to health care, we may well be on our own. The way to escape the dangers of the high cost, deteriorating health care system, is to not need it. Declare health independence… and create natural good health. There are dozens of simple, really low costs steps that can improve health… eating, purification, exercise, even the way we think and don’t think when we sleep.
Super Spanish (a $79 Value). One alternative to infrastructure deterioration and skyrocketing costs is to move abroad. The top choices include Panama, Ecuador and several other Spanish speaking countries. Super Spanish provides a way to almost instantly be able to communicate in Spanish. Thousands who have taken this course were creating Spanish sentences in just four hours.
The course uses special music to unlock your brain’s super powers and provides 17 easy lessons that give you a vocabulary of 4055 words you don’t have to memorize and will never forget. Within three days you have a base language that works and lets you become a fluent speaker of Spanish.
Purposeful Investing Course: ( a $99 Value). A Good Value Stock Market Strategy. The analysis is rational, mathematical and does not worry about short term ups and downs. This strategy is easy for anyone to follow and use. Pi analysis every share in 46 stock markets around the world and reveals the best value markets and provides contacts to managers and analysts and Country Index ETFs so almost anyone can create and follow their own strategy.
Because all shares in the Pi portfolio were in non USA stock markets, the return seemed to under perform due to a strong US dollar. Yet the return was still over 10% per annum. Now conditions are set for overperformance in the upcoming years.
Super Thinking Workshop (a $49 Value). Increase your mental agility with baroque music. Be smarter… more energetic…. healthier… more relaxed in 17 minutes a day.
Self Fulfilled: How to Have a Pinnacle Career with an at home self-publishing business (a $79 Value). In this era, our experience is worth more than the cost of getting it. We are not worn out at 50 or 55 or 65 or more. These can be our best years. Make the rest of your life the best time of your life. Turn your passion into profit with a mission.
I have no hatchery but learned how to raise trout like this, for fun, profit and a guaranteed protein supply. Learn how to turn passions into protein.
BI-MONTHLY REPORTS. Exclusively for Pruppie Club members. Best practices to prosper, unique opportunities, and better ways to survive the economic collapse. The report will feature what other subscribers are doing too. We can all learn from each other.
MONTHLY CONFERENCE CALLS! I will talk about the latest news and trends to help you jump on opportunities. This will not be about the doom and gloom that surrounds you. These one-hour calls are your chance to ask questions and share ideas too. ONLY Pruppie members will have access to the replay of all conference calls.
TWO BONUS REPORTS: Five Ways to Make Money With Real Estate Even You Don’t Have Any Cash or Credit eBook. The techniques in this ebook could help you make $3,000 to $5000 per month without a job.
This bonus is Jackie Lange’s ebook on how to generate cash without a big investment.
Jackie’s book is a step-by-step guide for making money with real estate with less than $10 invested, not buying the house, and no repairs….yet still making at least $5000.
She made $30,000 in three days on her last flip deal.
Even if people don’t want to make a business out of this, it is a fast, low-risk way to generate cash
Fund Your Freedom Overseas eBook – Learn how to make money working from your home anywhere in the world. These are all location independent business ideas.
Enormous, economic, social, political and productivity change was already in the process. The pandemic however has accelerated and accentuated the process. You still have time to join the few who are left standing from the 2020 disaster.
You still have time to become one who will prosper during the 2020 decade. You can be one of a small elite group who will be able to help restore a healthy world order. The world will be very different from what we have known for the past seventy years, but when looked at in a framework of longer history… it’s the same old tale.
The last couple of millennia are filled with stories of empires rising and falling. There are basic conditions in each of these tales.
- First the idea of debt loses its real meaning and rising to levels that are unsustainable.
- Interest rates charged for debt fall to extremely low levels so the idea of investing for a known amount stops making sense.
- Central monetary authorities replace innovation and increased productivity as activators of the economy.
- Disparity of wealth widens dramatically and the spread increases.
- There is so much divisiveness in politics within countries that social and political conflicts spiral.
We’re seeing these changes rapidly happening now!
I learned how to turn land into income producing property cheap and cashed in on the glamping craze a decade before the word was invented. I want to share this trick with you.
Social and economic deterioration restricts safety, lifestyle, well-being and peace of mind. Social and economic shifts of this nature reduce the purchasing power of income.
Inflation, for example puts pensions and savings at risk. Growing deception allows manipulation of medical care, finances, the value of homes, how cars are bought, the price of gas, the education and raising of children, the food we buy and eat, the shows watched and the ways we work and play.
A very large and growing part of the public throughout the Western world no longer believes in the integrity of local or national government, law enforcement, health care, banking, pensions, legal systems, educational processes, media or church, just to name a few.
However, mistrust of anything authorities say has become so deeply rooted that even health assurances as serious as the pandemic have not been believed.
I invite you to join Merri and me in expecting the world to get better… to live and earn based on that expectation but… to also prepare for bad times as well as good. Just in case… the world goes sideways… we will still survive and prosper.
We do not give up anything much. We can enjoy the good parts of the new economy, as we protect ourselves from what can be bad.
Let me be clear. I expect that the world will get better, at least for the few who adapt and avoid the dangers that the changes from the COVID pandemic will bring.
The wealth of the world, albeit with inequality, will continue to grow. This collapse of the global economy will bring an incredible new opportunity for those who know what to do. These profit making avenues offer enormous income potential and even work well in disaster scenarios. Join the Pruppie Club so you can wake up every day knowing that you are prepared and in charge of your destiny.
I’m no doctor but have learned how to avoid and survive the excessively expensive western health system and its hidden agendas. See a simple $19.95 trick used when the COVID-`19 symptoms appeared.