Adam Taggart
The process of distilling alcohol to produce common spirits — like vodka, gin, whiskey, bourbon, brandy, rum, tequila, and vermouth — is not widely known.
On this podcast, we're joined by Timo Marshall, co-founder of Spirit Works Distillery. In today's discussion, Timo walks through the basic science underlying the distillation process, what differentiates the most common spirits from one another, and what resources are available to those interested in taking up the practice.
Timo Marshall: How To Make Alcohol
The process of distilling alcohol to produce common spirits — like vodka, gin, whiskey, bourbon, brandy, rum, tequila, and vermouth — is not widely known.
On this podcast, we're joined by Timo Marshall, co-founder of Spirit Works Distillery. In today's discussion, Timo walks through the basic science underlying the distillation process, what differentiates the most common spirits from one another, and what resources are available to those interested in taking up the practice.
At Peak Prosperity, we strive to help people advance in three key areas: Knowing, Doing and Being.
Doing and Being are the resilience-building steps we recommend. Helping folks develop their own personal action plans in these areas is the main focus of the seminars we run.
But Knowing? That's the essential first part to master. Without sufficient understanding and insight to guide you, any action you take is merely groping in the dark.
The Importance Of Knowing
At Peak Prosperity, we strive to help people advance in three key areas: Knowing, Doing and Being.
Doing and Being are the resilience-building steps we recommend. Helping folks develop their own personal action plans in these areas is the main focus of the seminars we run.
But Knowing? That's the essential first part to master. Without sufficient understanding and insight to guide you, any action you take is merely groping in the dark.
Executive Summary
- Create a TreasuryDirect account
- Funding and transacting in your account
- Laddering your transactions
- Advice for your first transaction
If you have not yet read Part 1: Earn More On Your Cash Savings (With Less Risk) available free to all readers, please click here to read it first.
If you have cash savings in excess of $10,000 stored at a bank, it makes good sense in today's low-interest rate environment to consider opening a TreasuryDirect account in order to obtain a much higher return for equivalent better risk, as detailed in Part 1.
I, myself, have done this with my own personal cash savings. And I currently remain actively invested in T-Bills through TreasuryDirect. So I have first-hand experience from which to judge the program.
Here in Part 2, I'll walk you through the straightforward steps for creating a TreasuryDirect account (which is free), funding it, and then making transactions within it.
Before I do though, let me make a few things absolutely clear. This is NOT personal financial advice. The investment choices I make are based on my own unique situation, financial goals and risk tolerance. And I may change these choices at any moment given new market developments. What's appropriate for me may not be for you, so DO NOT blindly duplicate what I share of my own personal investing plans in my writings on this website.
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 advisor or do not feel comfortable with your current advisor's expertise in the market risks we discuss here at PeakProsperity.com, consider scheduling a free consultation with our endorsed advisor)
Suffice it to say, any investment ideas sparked by this report should be reviewed with your financial advisor before taking any action. Am I being excessively repetitive here in order to drive this point home? Good.
With that clarification, here's what you need to get started…
A Primer On How To Use TreasuryDirect
PREVIEWExecutive Summary
- Create a TreasuryDirect account
- Funding and transacting in your account
- Laddering your transactions
- Advice for your first transaction
If you have not yet read Part 1: Earn More On Your Cash Savings (With Less Risk) available free to all readers, please click here to read it first.
If you have cash savings in excess of $10,000 stored at a bank, it makes good sense in today's low-interest rate environment to consider opening a TreasuryDirect account in order to obtain a much higher return for equivalent better risk, as detailed in Part 1.
I, myself, have done this with my own personal cash savings. And I currently remain actively invested in T-Bills through TreasuryDirect. So I have first-hand experience from which to judge the program.
Here in Part 2, I'll walk you through the straightforward steps for creating a TreasuryDirect account (which is free), funding it, and then making transactions within it.
Before I do though, let me make a few things absolutely clear. This is NOT personal financial advice. The investment choices I make are based on my own unique situation, financial goals and risk tolerance. And I may change these choices at any moment given new market developments. What's appropriate for me may not be for you, so DO NOT blindly duplicate what I share of my own personal investing plans in my writings on this website.
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 advisor or do not feel comfortable with your current advisor's expertise in the market risks we discuss here at PeakProsperity.com, consider scheduling a free consultation with our endorsed advisor)
Suffice it to say, any investment ideas sparked by this report should be reviewed with your financial advisor before taking any action. Am I being excessively repetitive here in order to drive this point home? Good.
With that clarification, here's what you need to get started…
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