Strange deal here
I’m making more money than I ever have. Rentals are good. Salary is up. 401K is up. Trading account is up.
Yet… I cannot reasonably afford a new truck.
Nor a bigger house for my family of five
A recent ice cream treat for the kiddos often hit 50 bucks.
ICE CREAM
FIFTY BUCKS!?
And we ain’t buying ice cream from the Sharper Image. This is just the local mom and pop shop down the street.
Costco runs for groceries and staples often approach a thousand bucks.
Is it just me or is everything unaffordable nowadays?
As much as it pains me that my wife works, it certainly helps make ends meet. Yet, all the moolah that comes in, goes out.
The trusty old 2011 F150 is leaking oil.
The electrical system is on the fritz. Rattles everywhere. Rust spreading like cancer. But the old guy starts every day and hauls my frustrated butt to the salt mines.
On the drive in the Rat Race mystifies me. Escalades with skinny tires, fat rims, and clouds of cannabis vapor escaping like the smokestack of a steam engine… How do those ghetto punks afford those rides?
Perhaps they are Social Media Inflooences?
Or baby daddy’s on the dole? If that’s the case my tax dollars are helping to pay for it. Effin’ A Cotton. Effin A. All those government support dollars going out there competing for my purchasing power.
Welfare everywhere
Higher government spending
Higher taxes
Unaffordable everything
And the media trying to trans my children at every turn.
That’s not the America I remember signing up for.
Speaking of America… remember the fella who made that famous “End of America” back in the Obama years?
That was Porter Stansberry.
Lately, Porter has been beating the drum on inflation and, instead of griping about how the price of everything is going up (unlike me griping), insists on making inflation work for us.
Say… that’s a great idea.
Can’t beat ’em, join ’em, right?
Porter (among many others) suggest we invest in assets that benefit from rising prices everywhere.
Gold, stocks, real estate, etc…
Porter claims his portfolio is up 90% this year!
But… Porter writes to a wealthy clientele. He’s assuming you already have millions of capital to invest.
I certainly don’t.
But I have taken what advice I can from Porter and created a portfolio that’s done pretty good on my own (if I may pat myself on the back)
I call it the “Wealthy Bastard” portfolio.
Hey, if we can’t eliminate all the welfare and socialism by voting it out, we might as well make the most of it and PROFIT from the mismanagement, grift, and waste.
I’ve taken everything I learned from Porter over the past 17 years and built a 401k friendly portfolio that has performed remarkably well. I’m not beating Nvidia or Bitcoin, but my 401k has grown an average of 31% each of the past three years.
AND – during the recent “Tariff Tantrum” meltdown… the Wealthy Bastard portfolio was down less than 10%. This was a time when the “hot” tech stocks and cryptos plummeted over 22%.
Sure… in hindsight you can say “no biggie” but remember the gut wrenching volatility and sleepless April nights worrying “is this the BIG ONE!?”
I do.
And the Wealthy Bastard portfolio performed admirably well and continues to grind out new record highs.
If you want to check out the Wealthy Bastard portfolio current holdings, I’ve put together a five page report detailing the theory and performance expectations.
And… it’s all yours for fifteen bucks.
Just reply to this email with the text “Bastard” and I’ll send you the payment link and download page.
Until tomorrow,
CHIEF