Still Bullish After All These Years -- David Morgan #5895
The interview discussed the potential of gold as an investment and its performance compared to stocks and bonds. David emphasized the importance of gold in preserving wealth and the interest of central banks in buying gold. Kerry brought up the new gold rush in anti-obesity medicines and the market caps of companies producing them. The group discussed the potential side effects of anti-obesity medicines and the importance of exercise and healthy eating habits. The meeting also covered the importance of health and financial health. David discussed the three categories of investments accessible to most people: precious metals, land, and art. He recommended a balanced investment portfolio strategy called The Permanent Portfolio, which includes bonds, stocks, real estate, precious metals, and other miscellaneous investments. Kerry mentioned a stock-based portfolio called the Lazy Portfolio ETF, which has a net return of about 6.5% per year compounded over 25 years. The meeting also discussed the historical and current value of gold as a means of preserving wealth and protecting against inflation, as well as the potential failure of the BRICS currency due to the differing cultures, work ethics, and productive capacities of the countries involved. Finally, David announced a special offer for his subscribers, which includes a free report and a one-on-one consultation with him. Visit David at:https://www.themorganreport.com/ Visit FSN at: https://FinancialSurvivalNetwork.com