It’s Hell Out There… Here’s Your Economic Disaster Plan
Andy Snyder|June 20, 2022
There’s an old saying about times like these.
“When you’re going through hell… don’t stop. Just keep going.”
But what happens when the dopes in charge don’t take that advice?
What happens if they take a pit stop on the highway to hell? Or if they pull over and take some pictures with some old friends they haven’t seen in a while?
What if we’re going through hell… and they decide to call it home for a bit?
It sure seems like that’s what’s happening.
It’s time for a disaster plan.
Gone to Hell
The Fed is raising rates… yet there are few indications it’s an overheated economy that is causing the problem.
The White House says it wants to lower oil prices (well, actually, it just wants to get reelected, and high oil prices are a hurdle to getting there). But all it’s done is cozy up with overseas enemies and make domestic drillers its latest bad guys.
And Congress sure doesn’t seem to mind the increased heat. Instead, it’s going prime-time with a made-for-TV trial.
Nobody really seems to care about you.
Trillions in wealth has vanished.
Perhaps it’s not the time to be thinking about an economic disaster plan. Perhaps it’s time to put a disaster plan into action.
Here’s what we’ve done… and what we plan to do next.
It’s a no-brainer that we buy stocks each week… just as we tell our readers to do.
But not just any stocks.
Some stocks are going to get crushed in this environment.
We need to be selective and buy the right stocks.
Because there is opportunity right now. At times like this, almost all stocks go down… even the good ones.
This may seem counterintuitive, but we will remain heavy on certain tech stocks that are now trading at great prices. Looking at long-term growth rates and the overall structure of our economy, it’s clear technology is where the big money will continue to be made.
The question on the market’s mind right now, however, is how fast that growth will come.
It may take some time.
But the ingenuity of America has not let us down yet… and we expect those who buy tech now to be rewarded in the future.
Look at Apple during the dot-com collapse… the last time tech took a beating like this.
It dropped 76% in nine months.
But buying back then would have handed you more than 500 times your money today.
We’ll be looking for those kinds of opportunities.
But we’re not in only stocks.
You know we own crypto. Silver and gold too.
Again… no-brainers. The downturn hasn’t changed our stance or how we play these sectors.
We view this downturn as a chance to buy assets we love at much better prices.
Bitcoin has crashed more than 50% seven times over its history. And each time, it’s returned to hit new record highs.
What has changed over the last 24 months is our cash stockpile. We’ve increased it every month since the start of COVID-19 lockdowns.
As a red-hot equity market has churned higher, we’ve gotten the gains we needed with fewer shares. In other words, we’ve been able to invest less and make just as much.
Instead of getting greedy, we put the money we weren’t investing into reserves.
It’s paid off. But it’s about to pay off even more, in a truly explosive way.
As earnings multiples grew, so did our pile of greenbacks. We’re now sitting on enough cash to buy a small neighborhood.
That’s exactly what we plan to do.
With mortgage applications plunging, housing starts getting slashed and home prices whistling as they fall, our opportunity to pick up income-generating assets will come soon.
It will lead to immense opportunities.
That’s what disaster plans are for.
They create a road map for success… even when the dopes in charge stop for a burger and a beer in the devil’s neighborhood.
Your plan should look similar to ours.
You don’t need a huge cash stockpile or even a hefty chunk of investable assets. You simply need to know what you want to buy when it’s cheap.
REITs (real estate investment trusts), for example, allow you to do just what we’re doing. They’re even simpler, though. They give you access to what will soon be a dirt-cheap real estate market that – and here’s the key – will spin off high-yielding income that you can put directly into undervalued growth stocks.
It’s why Warren Buffett owns so many insurance stocks. He uses their cash flow to fund his fortune.
Most REITs pay quarterly dividends. Without having to tap into another stream of income, you can buy a fresh set of stocks every three months.
And some REITs pay monthly.
Stag Industrial (STAG) is one of them. So is LTC Properties (LTC). And Dynex Capital (DX) pays its shareholders a cut of its 10.5% annual yield each month too.
Those monthly checks can kick-start a wealth-generating machine.
And with real estate prices dropping, these income streams will become much cheaper in the months ahead.
We’ll be waiting to pick them up when they do.
A little cash can go a long way right now.
Need a Plan?
Listen… the bottom line in all of this is clear.
Times are tough and are likely to get tougher. Our leaders seem to be making one bad decision after another.
It’s critical you have a disaster plan.
In fact, I have something I want to share with you today.
Our good friend Dr. Mark Skousen – one of the smartest and most imaginative economists on the planet – just released his own disaster plan.
We don’t often tell readers to check out other people’s stuff, but his research (as always) is top-notch.
He breaks the current disaster down into three stages. And I can tell you, if things plays out as he says they will, it could get ugly.
You’ll be particularly interested to see what he says about Biden.
He doesn’t hold back.
Disaster could be coming to America.
It’s not time to slow down and catch the sights.
Andy Snyder is the founder of Manward Press, the nation’s premier source of unfiltered, unorthodox views on money and what it means for a free society. An American author, investor and serial entrepreneur, Andy cut his teeth at an esteemed financial firm with nearly $100 billion in assets under management. Andy and his ideas have been featured on Fox News, on countless radio stations, and in numerous print and online outlets. He’s been a keynote speaker and panelist at events all over the world, from four-star ballrooms to Capitol hearing rooms. Today, Andy’s dissident thoughts on life, liberty and investing can be found in his popular daily newsletter, Manward Financial Digest.