Adam Taggart
In late February, Sonoma County California experienced intense flooding causing several hundred millions of dollars in damage. Fortunately loss of life was very low relative to the fires that ravaged the same region the year before.
In this week's podcast, we talk with Adam Parks, whom we've interviewed previously about sourcing and preparing sustainably-raised meat (he operates a meat CSA in Sonoma County). Adam's business in Sebastopol, CA was hit hard by the flooding, and he graciously paused his recovery efforts to give us a play-by-play account of what happened during the disaster and how Sonoma County is recovering from the floods.
This is a little different from our usual fare, but is an instructive reminder that disasters strike without warning, and that when they do, most people and businesses are caught completely unawares.
Adam Parks: Flood!
In late February, Sonoma County California experienced intense flooding causing several hundred millions of dollars in damage. Fortunately loss of life was very low relative to the fires that ravaged the same region the year before.
In this week's podcast, we talk with Adam Parks, whom we've interviewed previously about sourcing and preparing sustainably-raised meat (he operates a meat CSA in Sonoma County). Adam's business in Sebastopol, CA was hit hard by the flooding, and he graciously paused his recovery efforts to give us a play-by-play account of what happened during the disaster and how Sonoma County is recovering from the floods.
This is a little different from our usual fare, but is an instructive reminder that disasters strike without warning, and that when they do, most people and businesses are caught completely unawares.
Executive Summary
- My recent portfolio changes & the rationale behind each
- 6 strategies for positioning your portfolio for the next market downturn
- Deciding which strategies are most appropriate for you
If you have not yet read Part 1: Realistically, What’s Left To Power Asset Prices Higher?, available free to all readers, please click here to read it first.
This is an update to the premium report Assume The Crash Position issued in March of this year. It details the changes I’m now making in my portfolio, which build off of the logic used in the two earlier short positions I notified Peak Prosperity insiders about.
The first was back in fall of 2018, which yielded a 50%+ return when the market fell between October and September.
The second yielded similar 50%+ gains when stocks fell in May of this year.
But before continuing further, let me make a few things absolutely clear. This is NOT personal financial advice. This material is for educational purposes only, and as an aid for you to discuss these options more intelligently with your professional financial adviser(s) before taking any action.
(If you do not have a financial advisor or do not feel comfortable with your current adviser’s expertise with the investment vehicles discussed in this Part 2, then consider scheduling a free portfolio review/consultation with our endorsed advisor)
Suffice it to say, everything discussed in this report should be reviewed with your financial adviser before taking any action. Am I being excessively repetitive here in order to drive this point home? Good…
Ok, with that said, here are the specific new positions I have taken in my portfolio… (Enroll now to continue reading)
Assume The Crash Position
PREVIEWExecutive Summary
- My recent portfolio changes & the rationale behind each
- 6 strategies for positioning your portfolio for the next market downturn
- Deciding which strategies are most appropriate for you
If you have not yet read Part 1: Realistically, What’s Left To Power Asset Prices Higher?, available free to all readers, please click here to read it first.
This is an update to the premium report Assume The Crash Position issued in March of this year. It details the changes I’m now making in my portfolio, which build off of the logic used in the two earlier short positions I notified Peak Prosperity insiders about.
The first was back in fall of 2018, which yielded a 50%+ return when the market fell between October and September.
The second yielded similar 50%+ gains when stocks fell in May of this year.
But before continuing further, let me make a few things absolutely clear. This is NOT personal financial advice. This material is for educational purposes only, and as an aid for you to discuss these options more intelligently with your professional financial adviser(s) before taking any action.
(If you do not have a financial advisor or do not feel comfortable with your current adviser’s expertise with the investment vehicles discussed in this Part 2, then consider scheduling a free portfolio review/consultation with our endorsed advisor)
Suffice it to say, everything discussed in this report should be reviewed with your financial adviser before taking any action. Am I being excessively repetitive here in order to drive this point home? Good…
Ok, with that said, here are the specific new positions I have taken in my portfolio… (Enroll now to continue reading)
Executive Summary
- Understanding the benefits and risks of the notable options for passive income:
- Cash & Cash Equivalents
- Bonds/Loans
- Dividend-Yielding Stocks
- Real Estate
- Business Ownership Through Private Equity/Private Placements/Local Investing
- Royalites
- Annuities
If you have not yet read Part 1: The Primacy Of Income, available free to all readers, please click here to read it first.
“Financial independence” is defined by most as having enough passive income to cover all of your living expenses. While a worthy goal for all of us, even partially achieving that state will make your life tremendously less stressful than the hundreds of millions (in the US alone) who fall far short of it — and will only fall farther behind during the next deflationary wave when asset prices fall, job losses spike, and government subsidies become more scarce.
In Part 1, we laid out the rationale for why investing for income is becoming more important than ever as the Era Of Gains draws to an end.
Those who put in place a diversified portfolio of relatively low-risk passive income streams, inflation-adjusting and tax-advantaged wherever possible, should be much more financially resilient than the general masses after today’s Everything Bubble ruptures.
The good news is that there’s a variety of options worth considering when constructing such a portfolio of income streams. Here in this primer, we identify many of the most noteworthy along with their general benefits and risks.
The challenge, of course, comes in the application of this information. Which options are best for you, given your specific situation, needs, goals, and risk appetite?
And as always, we recommend working with a professional financial adviser to build an investment plan customized to your own needs and objectives. (If you do not have a financial adviser or do not feel comfortable with your current adviser’s expertise in the market risks we discuss here at PeakProsperity.com, consider scheduling a free consultation with our endorsed adviser)
Suffice it to say, any investment ideas sparked by this report should be reviewed with your financial adviser before taking any action. Am I being excessively repetitive here in order to drive this point home? Good…
With the above said, the primer below should give you plenty of food for thought for how you may wish to design your own income-generating portfolio.
Let’s begin with…
A Primer On Investing For Inflation-Adjusting Income
PREVIEWExecutive Summary
- Understanding the benefits and risks of the notable options for passive income:
- Cash & Cash Equivalents
- Bonds/Loans
- Dividend-Yielding Stocks
- Real Estate
- Business Ownership Through Private Equity/Private Placements/Local Investing
- Royalites
- Annuities
If you have not yet read Part 1: The Primacy Of Income, available free to all readers, please click here to read it first.
“Financial independence” is defined by most as having enough passive income to cover all of your living expenses. While a worthy goal for all of us, even partially achieving that state will make your life tremendously less stressful than the hundreds of millions (in the US alone) who fall far short of it — and will only fall farther behind during the next deflationary wave when asset prices fall, job losses spike, and government subsidies become more scarce.
In Part 1, we laid out the rationale for why investing for income is becoming more important than ever as the Era Of Gains draws to an end.
Those who put in place a diversified portfolio of relatively low-risk passive income streams, inflation-adjusting and tax-advantaged wherever possible, should be much more financially resilient than the general masses after today’s Everything Bubble ruptures.
The good news is that there’s a variety of options worth considering when constructing such a portfolio of income streams. Here in this primer, we identify many of the most noteworthy along with their general benefits and risks.
The challenge, of course, comes in the application of this information. Which options are best for you, given your specific situation, needs, goals, and risk appetite?
And as always, we recommend working with a professional financial adviser to build an investment plan customized to your own needs and objectives. (If you do not have a financial adviser or do not feel comfortable with your current adviser’s expertise in the market risks we discuss here at PeakProsperity.com, consider scheduling a free consultation with our endorsed adviser)
Suffice it to say, any investment ideas sparked by this report should be reviewed with your financial adviser before taking any action. Am I being excessively repetitive here in order to drive this point home? Good…
With the above said, the primer below should give you plenty of food for thought for how you may wish to design your own income-generating portfolio.
Let’s begin with…
Three years ago, I interviewed Paul and Elizabeth Kaiser about the remarkably effective model being pioneered at their farm, Singing Frogs Farm, a small micro-farm in northern California. It quickly became one of Peak Prosperity's most popular podcasts of all-time.
Developed over years of combining bio-intensive land/forestry management theory with empirical trial & error, the farming practices at Singing Frogs have produced astounding results.
This week, I sit back down with Paul and Elizabeth to discuss the science behind their latest farming practices & techiniques, the importance of biology over chemistry when it comes to gardening, and the hands-on workshops they offer, and what they think it takes to make a 'resilient farmer'.
Singing Frogs Farm: The Science Of Healthy Soil
Three years ago, I interviewed Paul and Elizabeth Kaiser about the remarkably effective model being pioneered at their farm, Singing Frogs Farm, a small micro-farm in northern California. It quickly became one of Peak Prosperity's most popular podcasts of all-time.
Developed over years of combining bio-intensive land/forestry management theory with empirical trial & error, the farming practices at Singing Frogs have produced astounding results.
This week, I sit back down with Paul and Elizabeth to discuss the science behind their latest farming practices & techiniques, the importance of biology over chemistry when it comes to gardening, and the hands-on workshops they offer, and what they think it takes to make a 'resilient farmer'.
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