Latest / Financial Survival Network / Is the Market Really Safe? - Anthony Saccaro #6171

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Is the Market Really Safe? - Anthony Saccaro #6171 · Financial Survival Network

• 0:00
  Speaker 1: The recession hasn't happened, and the fear that I have
• 0:02
  Speaker 1: is that we could still have a recession around the corner.
• 0:06
  Speaker 1: You know, we had an inverted yield curve for a
• 0:08
  Speaker 1: couple of years. It's uninverted and when you look at
• 0:10
  Speaker 1: the history of recessions, I don't want the numbers in
• 0:12
  Speaker 1: front of me, but many of the recessions happened after
• 0:16
  Speaker 1: the yield curve uninverted.
• 0:18
  Speaker 2: And my fear is that a lot of.
• 0:19
  Speaker 1: People think that the stock market is a safe haven,
• 0:22
  Speaker 1: and a lot of people might think that we're not
• 0:23
  Speaker 1: going into recession, and that could be a big mistake
• 0:26
  Speaker 1: because we're not recession proof and it still could be
• 0:28
  Speaker 1: around the corner.
• 0:29
  Speaker 3: You're listening to Carrie Letz's Financial Survival Network, where you
• 0:33
  Speaker 3: get valuable information you just can't find anywhere else to
• 0:37
  Speaker 3: thrive in today's trying times. You need the Financial Survival
• 0:41
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• 0:46
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• 0:50
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• 0:53
  Speaker 4: Ever, and welcome you are listening to and watching the
• 1:00
  Speaker 4: Financial Survival Network. I'm your host, Carrie Lutz. As we
• 1:05
  Speaker 4: get into the last week of October, of twenty twenty four.
• 1:09
  Speaker 2: What is going on? We all know.
• 1:12
  Speaker 4: Elections about to take place, for better or for worse.
• 1:15
  Speaker 4: There's always one sure loser in every election since I've
• 1:18
  Speaker 4: been alive, and that is the American public. So I
• 1:22
  Speaker 4: don't see anything that's going to make this any different
• 1:25
  Speaker 4: that all the others. The debt keeps piling up, the
• 1:29
  Speaker 4: economic challenges somehow, you know, Anthony Sacara's with us. Anthony,
• 1:35
  Speaker 4: you know, I see likes bad things happening to the country.
• 1:39
  Speaker 2: We don't need to get into them.
• 1:41
  Speaker 4: But yet like these big companies, I think they said
• 1:45
  Speaker 4: ten large companies are born every decade in America something
• 1:52
  Speaker 4: like that. Did you see that statistic? So we have
• 1:54
  Speaker 4: Tesla and Nvidia, we have all these large companies that
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  Speaker 4: really literally came out of nowhere. So in spite of
• 2:02
  Speaker 4: things being bad, these companies keep cropping up here. What's
• 2:07
  Speaker 4: your take on it?
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  Speaker 1: Yeah, I did see that, and I've read other studies.
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  Speaker 1: And by the way, Kerry, thank you for having me back.
• 2:15
  Speaker 1: Happy Halloween to all of you listening Halloweens right around
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  Speaker 1: the corner. You know, the thing that is interesting about
• 2:22
  Speaker 1: this is Apple is a great example of a company
• 2:26
  Speaker 1: that a lot of times people will hang their hat
• 2:28
  Speaker 1: on We recently had a client that we took on
• 2:31
  Speaker 1: that invested ten thousand dollars of Apple I want to
• 2:34
  Speaker 1: say it was like ninety two or something like that,
• 2:37
  Speaker 1: and he wound up cashing out at one point eight
• 2:39
  Speaker 1: million dollars when we took it on.
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  Speaker 2: This was a couple of years ago. And that's the
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  Speaker 2: way that the mouth work.
• 2:44
  Speaker 1: And so what I find happening is I find that
• 2:47
  Speaker 1: a lot of people will hang their hat on a
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  Speaker 1: particular company, and instead of writing a diversified portfolio of
• 2:53
  Speaker 1: stock to success, they'll hang it on one company. Now,
• 2:56
  Speaker 1: we have to remember that for every Apple that's out there,
• 2:59
  Speaker 1: there were probably ten thousand one of the apples that
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  Speaker 1: you know, failed at the same time that Apple succeeded.
• 3:05
  Speaker 1: And what scares me, and I see this as starting
• 3:08
  Speaker 1: to be a trend, is that a lot of people
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  Speaker 1: will pick a company Apple back in the day and
• 3:13
  Speaker 1: Vidia now for their chips and the AI craze that's
• 3:16
  Speaker 1: going on, and almost looking for that one company to
• 3:20
  Speaker 1: really ride them all the way to success. And I
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  Speaker 1: think that's a very dangerous approach. You know, if you
• 3:26
  Speaker 1: take a look at you know, companies in general, they
• 3:29
  Speaker 1: all cycle. They're companies that are on the perch today
• 3:34
  Speaker 1: may not have existed twenty five and thirty years ago.
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  Speaker 2: Think Google and Amazon right.
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  Speaker 1: And companies that are out of business today were the
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  Speaker 1: top companies seventy five years ago. Think Woolworth right, think Sears,
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  Speaker 1: you know, and so on. And if you look at
• 3:48
  Speaker 1: the Dow thirty, for example, you know, the thirty biggest
• 3:52
  Speaker 1: companies in the world. The reality is, if you go
• 3:55
  Speaker 1: back eighty years and you take a look at the
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  Speaker 1: companies that were in the Dalt already thirty biggest companies
• 4:01
  Speaker 1: eighty years ago, and you compare that to today, most
• 4:04
  Speaker 1: of your listeners probably would be surprised to find out
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  Speaker 1: that there are exactly zero companies in there today that
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  Speaker 1: were in there eighty years ago. The last holdout was
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  Speaker 1: GE and GE gut booted.
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  Speaker 2: From the Dow what three or four years ago. Yeah,
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  Speaker 2: you have.
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  Speaker 1: And so you know, sometimes people will say, well, I'll
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  Speaker 1: just invest in those companies and I'll just ride that
• 4:30
  Speaker 1: for the rest of my life. No, if you've done
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  Speaker 1: that eighty years ago, you would be out of luck today.
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  Speaker 1: And so none of the thirty top companies eighty years
• 4:39
  Speaker 1: ago are in the top thirty today, but it gets worse.
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  Speaker 1: And that is that other than ge, the other twenty
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  Speaker 1: nine companies that were the top companies in the world
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  Speaker 1: eighty years ago are all out of business. They weren't
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  Speaker 1: able to change and adapt, and we are in such
• 4:54
  Speaker 1: a changing and adapting the top companies today are not
• 4:57
  Speaker 1: going to be top companies in the future. And you
• 4:59
  Speaker 1: need to have a diversified portfolio of a lot of
• 5:02
  Speaker 1: good companies, not one. But I do see a trend
• 5:04
  Speaker 1: of people taking a lot of money and putting it in
• 5:07
  Speaker 1: the one stock that they hope is going to win Tesla,
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  Speaker 1: Netflix and Video, and that's a dangerous trend to do. Yes,
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  Speaker 1: you should have some in your portfolio, but don't base
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  Speaker 1: your entire future on one stock. And I see it
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  Speaker 1: people a lot of people wanted to.
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  Speaker 4: Do that interesting interesting analysis there, and yeah, like the
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  Speaker 4: companies have their twenty thirty year run at things right,
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  Speaker 4: and then maybe some of them go forty to fifty
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  Speaker 4: like gm Ford, and then they then they fall.
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  Speaker 2: Right exactly right.
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  Speaker 1: You know, the time the faster chimes change, the more
• 5:43
  Speaker 1: companies are going to fall. I think Blockbuster right that
• 5:47
  Speaker 1: you know, Netflix came along and realized that why do
• 5:50
  Speaker 1: we have to go to a store, Why do we
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  Speaker 1: have to rent a tape?
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  Speaker 2: Why do we only have seven days?
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  Speaker 1: And when you look at Blockbuster and you've studied the
• 5:57
  Speaker 1: history of Blockbuster, what you realize is that a part
• 6:00
  Speaker 1: of their business plan and a part of their revenue,
• 6:04
  Speaker 1: a part of what made them good and profitable, was
• 6:08
  Speaker 1: the fact that they'd charge late fees on.
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  Speaker 2: The people that didn't bring back these videos in time.
• 6:13
  Speaker 1: Now, call me crazy, but setting up a business and
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  Speaker 1: running a business to where your profitability is going to
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  Speaker 1: depend on penalizing the customers for not doing that, that's
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  Speaker 1: a recipe for failure. And then when Netflix came out
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  Speaker 1: and said, no, we're going to produce these things that
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  Speaker 1: we're going to deliver it to you right in your
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  Speaker 1: home and you don't have to go to Blockbuster. Blockbuster
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  Speaker 1: could have been Netflix if they had pivoted, but they didn't.
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  Speaker 2: Same thing with Kodak. Kodak could have.
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  Speaker 1: Been in the digital space when it comes to film,
• 6:40
  Speaker 1: but they didn't. So at the faster things change, the
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  Speaker 1: companies are going to drop off. And with AI and
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  Speaker 1: with the things that are going on today, you're one
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  Speaker 1: hundred percent.
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  Speaker 2: Right, you have to really be careful.
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  Speaker 1: Companies that are on top today may not be anywhere
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  Speaker 1: to be seen in a decade.
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  Speaker 2: You know.
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  Speaker 4: Interesting you mentioned Blockbuster because that was founded by Wayne
• 6:58
  Speaker 4: Uzenga and and he is the only person to ever
• 7:02
  Speaker 4: found three s and P five hundred companies waste management AutoNation.
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  Speaker 2: So Blockbuster's gone. He was long out of it.
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  Speaker 4: He saw the handwriting on the wall, and then we
• 7:15
  Speaker 4: had AutoNation. That's still going pretty good in waste management.
• 7:20
  Speaker 4: The last I heard, people were still producing garbage at
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  Speaker 4: record rates, right I heard, and still recycling. You know,
• 7:31
  Speaker 4: it's it's kind of crazy when you think about it.
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  Speaker 4: So let's talk about Federal Reserve. Regardless who wins, we
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  Speaker 4: still got to deal with the Fed.
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  Speaker 2: Here, right, yeah, one hundred percent.
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  Speaker 1: You know, Federal Reserve has two mandates, low inflation and
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  Speaker 1: low unemployment. They've had low unemployment for a few years now.
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  Speaker 1: Unemployment sticked up to about four point three percent until
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  Speaker 1: a few months ago was under four percent. Souls right
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  Speaker 1: where it needs to be as far as inflation is concerned.
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  Speaker 1: Their target is two percent in that level now with
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  Speaker 1: the mid twos. Depending on whether you look at the CPI,
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  Speaker 1: the core CPI or the PCE.
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  Speaker 2: You know, it's all in the.
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  Speaker 1: Mid twos and they have to make changes before they
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  Speaker 1: get to their target level because they don't want to
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  Speaker 1: be behind a ball like they were when inflation started
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  Speaker 1: going through the roof. So they lowered the fifty basis
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  Speaker 1: points as their last cut. It's widely predicted that in
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  Speaker 1: the next FED meeting or the FED meeting after that,
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  Speaker 1: they're going to go another twenty five or fifty bits,
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  Speaker 1: and then in twenty twenty five maybe another one percent
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  Speaker 1: or so.
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  Speaker 2: Something like that.
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  Speaker 1: So it's been predicted that they'll do two hundred BIPs
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  Speaker 1: over the court for the next years.
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  Speaker 2: You miss them. You missed one thing. Though.
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  Speaker 4: The Fed actually has three functions. Keep prices stable, keep
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  Speaker 4: employment levels stable, and keep the stock market from going down.
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  Speaker 1: Yeah, yeah, that's that's what that's what they say, right,
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  Speaker 1: That's what the President says that that's a third function.
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  Speaker 1: But it's an unwritten function that really is not a
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  Speaker 1: part of anything that they're supposed to be considering, and
• 8:57
  Speaker 1: they'll tell you that they're not.
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  Speaker 2: But when it comes so the election.
• 9:00
  Speaker 1: Cycles, there is this debate about you know, they don't
• 9:03
  Speaker 1: want the market to fall because of the market falls,
• 9:07
  Speaker 1: then all of a sudden recency bias comes into play.
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  Speaker 2: Recncy biases the simple.
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  Speaker 1: Fact that we tend to act on what happened recently,
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  Speaker 1: and if the market fell recently by before bad time,
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  Speaker 1: making a good effect the election.
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  Speaker 2: So yo.
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  Speaker 1: So they do have that in mind, they're not supposed
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  Speaker 1: to have that in mind. You can't keep it out.
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  Speaker 1: It's all intertwined, and lowering by fifty bits is certainly
• 9:25
  Speaker 1: going to help the stock market. That's why the market's
• 9:27
  Speaker 1: hit some record highs other than the you know, a
• 9:29
  Speaker 1: few bumpy days that we've had. But you're right, it's
• 9:31
  Speaker 1: really not a mandate of theirs, but it's kind of
• 9:34
  Speaker 1: implied into what they do. But it has been predicted
• 9:38
  Speaker 1: and hand it is forecasted. They're going to lower by
• 9:41
  Speaker 1: two hundred myths over the course of the NXT couple
• 9:43
  Speaker 1: of years. That could be good for the stock market.
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  Speaker 1: Is it going to keep us out of a recession?
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  Speaker 1: That's a big question that consumers are asking.
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  Speaker 2: You know. The reality is is, you know, we don't know.
• 9:53
  Speaker 1: They've been talking about soft landing, they've been talking about
• 9:55
  Speaker 1: hard landing, they've been talking about no landing. It's this
• 9:57
  Speaker 1: the longest tide period that I remember where we've been
• 10:00
  Speaker 1: talking about a recession and the recession hasn't happened, And
• 10:03
  Speaker 1: the fear that I have is that we could still
• 10:05
  Speaker 1: have a recession around the corner. You know, we had
• 10:08
  Speaker 1: an inverted yield curve for a couple of years. It's
• 10:10
  Speaker 1: uninverted and when you look at the history of recessions,
• 10:13
  Speaker 1: I don't want the numbers in front of me, but
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  Speaker 1: many of the recessions happened after the yield curve uninverted.
• 10:19
  Speaker 2: And my fear is that a lot of people think.
• 10:21
  Speaker 1: That the stock market is a safe haven, and a
• 10:23
  Speaker 1: lot of people might think that we're not going into recession,
• 10:26
  Speaker 1: and that could be a big mistake because we're not
• 10:28
  Speaker 1: recession proof and it still could be around the corner.
• 10:30
  Speaker 1: You need to invest, so whether we have a recession
• 10:32
  Speaker 1: or not, you're going to be just fine. And I
• 10:34
  Speaker 1: find that a lot of people are investing in a
• 10:36
  Speaker 1: way to what if the stock market does bad, it
• 10:39
  Speaker 1: goes against them, It's going.
• 10:40
  Speaker 2: To wreck their retirement, it's going to wreck their future.
• 10:42
  Speaker 2: Don't do that.
• 10:43
  Speaker 1: Invest in a way that's right for you for your
• 10:45
  Speaker 1: phase of life. So you have the ability to win
• 10:47
  Speaker 1: no matter what. If you're invested right, that's what should happen.
• 10:50
  Speaker 1: It shouldn't matter who wins the president, and it shouldn't
• 10:52
  Speaker 1: matter whether we have a recession as to whether you
• 10:54
  Speaker 1: to be able to accomplish your goals or not.
• 10:56
  Speaker 2: It shouldn't.
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  Speaker 4: But but if you're later in life and take a
• 11:00
  Speaker 4: big hit, that's going to make a big difference in
• 11:02
  Speaker 4: your life, isn't.
• 11:03
  Speaker 1: It one hundred percent? Which is why you shouldn't be
• 11:05
  Speaker 1: in a position to take a big hit. And this
• 11:08
  Speaker 1: is something that I talk about on my radio show,
• 11:10
  Speaker 1: my podcast, and talk about on my book. You have
• 11:12
  Speaker 1: to be invested properly for the phase of life that
• 11:15
  Speaker 1: you're in. If you're invested in such a way to
• 11:17
  Speaker 1: where you can take a big hit, and if your
• 11:20
  Speaker 1: retirement is going to be invested, If your retirement is
• 11:23
  Speaker 1: going to be affected if you take a big hit,
• 11:26
  Speaker 1: then you are invested wrong. You need to be invested
• 11:29
  Speaker 1: in such a way to where you're going to be
• 11:31
  Speaker 1: able to retire when you want, or you're going to
• 11:33
  Speaker 1: be able to stay retired if you're already retired. I
• 11:36
  Speaker 1: don't want you invested in such a way to where
• 11:38
  Speaker 1: If the market does well, you can travel. If the
• 11:41
  Speaker 1: market does well, you don't have to get a part
• 11:43
  Speaker 1: time job. If the market does well, you can do
• 11:45
  Speaker 1: the things you want. I want you to be able
• 11:47
  Speaker 1: to travel and not have to get a second job
• 11:49
  Speaker 1: and not have to keep working in retire on schedule
• 11:51
  Speaker 1: regardless of what the market does, even if that means
• 11:55
  Speaker 1: you have to get your portfolio more conservative, so you
• 11:57
  Speaker 1: have to be invested properly for your phase of life.
• 12:00
  Speaker 1: Should not be in a position to where your retirement's
• 12:02
  Speaker 1: going to get wrecked if the market doesn't do what
• 12:04
  Speaker 1: it's supposed to do.
• 12:05
  Speaker 4: So but over time, and now we've got hundreds Well,
• 12:09
  Speaker 4: in the US we've got the it goes back to
• 12:12
  Speaker 4: the eighteen eighties, the advent of the Dow Jones index.
• 12:17
  Speaker 4: But in Europe it goes even further. But since since
• 12:21
  Speaker 4: the advent of the Dow Jones, you know, a dollar
• 12:24
  Speaker 4: invested would re rep huge returns. We still have never
• 12:30
  Speaker 4: found a machine that creates wealth like the financial markets,
• 12:34
  Speaker 4: especially the stock market.
• 12:36
  Speaker 1: Have we Well no, when you look at you know
• 12:38
  Speaker 1: the history of investments and what investment has done the
• 12:42
  Speaker 1: best over time.
• 12:43
  Speaker 2: The stock market is certainly in that category.
• 12:46
  Speaker 1: And you know, you look at the past one hundred years,
• 12:49
  Speaker 1: you know, the Dow Jones going back to late eighteen hundreds,
• 12:53
  Speaker 1: I know it's going to average somewhere between you know,
• 12:55
  Speaker 1: eight and ten percent a year. But the fact is
• 12:59
  Speaker 1: that there are long periods of time where the market,
• 13:03
  Speaker 1: including the Dow Jones, is flat, and then there's long
• 13:06
  Speaker 1: periods of time where the market does fifteen percent plus,
• 13:09
  Speaker 1: like we've had for the last dozen years. And it
• 13:12
  Speaker 1: depends on what generation or what decade is going to
• 13:15
  Speaker 1: be next. But the history of the market tells us
• 13:17
  Speaker 1: that there's bad decades followed by good decades followed by
• 13:20
  Speaker 1: bad de gades. Even if you go back to the
• 13:22
  Speaker 1: last twenty five years, we're coming up on twenty twenty five.
• 13:25
  Speaker 1: Let's go back to the turn of the century and
• 13:27
  Speaker 1: kind of see what's happened there. From two thousand to
• 13:29
  Speaker 1: twenty thirteen, we had the crash of one and a recovery.
• 13:33
  Speaker 1: We had the crash of eight at a recovery for
• 13:35
  Speaker 1: thirteen years. If you draw it out, it's a big
• 13:38
  Speaker 1: w there's no growth in the market.
• 13:40
  Speaker 2: For thirteen years.
• 13:42
  Speaker 1: And if you wanted to retire in two thousand and
• 13:45
  Speaker 1: you were planning on following the rule of four percent
• 13:47
  Speaker 1: and selling, you know, spending down your portfolio for the
• 13:51
  Speaker 1: next thirteen years, you would be really close to running
• 13:53
  Speaker 1: out of money because there was no growth in the
• 13:56
  Speaker 1: market over that thirteen year time period. Compare that to
• 13:59
  Speaker 1: the last thirteen years. The market's up fifteen sixteen percent a.
• 14:03
  Speaker 2: Year on average. So when you average the two together, the.
• 14:06
  Speaker 1: Reality is is that is that you wind up with
• 14:10
  Speaker 1: YO seven eight percent a year. You throw in some dividends,
• 14:12
  Speaker 1: you're going to be nine to ten percent a year.
• 14:14
  Speaker 1: But averages can be very misleading in the way of
• 14:17
  Speaker 1: the stock market. The first decade and a half was horrible,
• 14:20
  Speaker 1: no growth. The last decade and a half was great.
• 14:23
  Speaker 1: But it's misleading even though we can say it averages
• 14:26
  Speaker 1: eight or nine percent a year. I can tell you, Carrie, truthfully,
• 14:30
  Speaker 1: a good example of how how misleading averages can be
• 14:35
  Speaker 1: in real life. In my example, my wife and I
• 14:38
  Speaker 1: run about the average about ten miles a week. The true,
• 14:43
  Speaker 1: but the reality is that's not the whole story. The
• 14:45
  Speaker 1: way I get there is that she actually loves to
• 14:47
  Speaker 1: run it. She runs about twenty miles a week and
• 14:49
  Speaker 1: I don't run. So the reality, though, is don't we
• 14:53
  Speaker 1: average ten miles to good average? Though we have a
• 14:56
  Speaker 1: great average. But the reality is when you know the
• 14:59
  Speaker 1: rest of the story, it paints a different picture. And
• 15:03
  Speaker 1: it's the same thing with the market. If the market
• 15:06
  Speaker 1: does in the next fifteen years what it's done in
• 15:08
  Speaker 1: the last fifteen years, I don't care what you do.
• 15:10
  Speaker 1: If you're spending down your portfolio, if you're following the
• 15:12
  Speaker 1: rule of.
• 15:13
  Speaker 2: Four percent, you're going to be fine.
• 15:14
  Speaker 1: But if the market does in the next ten or
• 15:16
  Speaker 1: fifteen years what it did in the first thirteen years
• 15:19
  Speaker 1: of the century, and you're spending down your portfolio, you
• 15:22
  Speaker 1: could be out of money and you could be in trouble.
• 15:25
  Speaker 1: And that's what I don't want to happen to you.
• 15:27
  Speaker 1: So yes, if you're trying to accumulate, you have twenty
• 15:30
  Speaker 1: or thirty years ahead of you.
• 15:31
  Speaker 2: Be in the market, be in mutual funds, rate strategy.
• 15:35
  Speaker 1: Over time twenty thirty years, you'll average eighty nine percent.
• 15:38
  Speaker 1: There's never been a thirty year time period of the
• 15:40
  Speaker 1: market that it hasn't done that. But if you're in retirement,
• 15:42
  Speaker 1: you can't afford that. The next decade or decade and
• 15:45
  Speaker 1: a half. The market's going to be shopping and no
• 15:46
  Speaker 1: growth and be selling assets. At the same time, you
• 15:49
  Speaker 1: have to be focused on living off the interest and
• 15:51
  Speaker 1: dividends of your portfolio so that you can protect your principle.
• 15:55
  Speaker 1: And if that means less return, so be it. It's
• 15:57
  Speaker 1: accomplishing your goal.
• 15:58
  Speaker 2: Well, it reminds me.
• 16:00
  Speaker 4: I think John Maynard Kane said in the long run,
• 16:03
  Speaker 4: we're all dead.
• 16:04
  Speaker 1: Right, that's exactly right. But some people are dead with
• 16:07
  Speaker 1: more stress than others. Yeah, running out of money if
• 16:13
  Speaker 1: you're if you're invested wrong in, you're selling shares, you're
• 16:16
  Speaker 1: following the rule of four percent and the market tanks,
• 16:18
  Speaker 1: and now you get to sell more shares and you
• 16:21
  Speaker 1: know you're in a race against time because you're cannibalizing
• 16:24
  Speaker 1: your principle. That thought, knowing that you have to die
• 16:27
  Speaker 1: before you run out of money, that thought can't actually kill.
• 16:29
  Speaker 4: You, yeah, or make you wish you were dead anyway. Well, Anthony,
• 16:36
  Speaker 4: just tell us where do we find you? How do
• 16:39
  Speaker 4: you connect with people? How can we how can we
• 16:42
  Speaker 4: connect with you?
• 16:43
  Speaker 1: Yeah, I think the safest way to go is you
• 16:45
  Speaker 1: can go to Anthony scar dot com.
• 16:48
  Speaker 2: My businesses are there on the website.
• 16:50
  Speaker 1: Providence Financialinc dot com or if you just search Providence Financial,
• 16:54
  Speaker 1: Woodland Hills, which California, which is where we are.
• 16:56
  Speaker 2: We come up all over the place.
• 16:58
  Speaker 1: And if you have any questions your listeners, any questions
• 17:00
  Speaker 1: about anything, recite more than happy to.
• 17:02
  Speaker 2: You'll answer those questions as well to here.
• 17:04
  Speaker 4: So all right, Well, the link to your site is
• 17:08
  Speaker 4: in the show notes of this interview on Financial Survival
• 17:11
  Speaker 4: Network dot com, so just go there and click it.
• 17:14
  Speaker 4: While you're there, please sign up for your free newsletter.
• 17:17
  Speaker 4: Got a question for Anthony myself? Kl at Carrie LUTs
• 17:21
  Speaker 4: dot com is the place to send the email. Always
• 17:23
  Speaker 4: appreciate you coming on, Anthony. We'll talk to you aga
• 17:25
  Speaker 4: in real soon.
• 17:26
  Speaker 2: Thank you for having me, Kerry, appreciate being here.
• 17:28
  Speaker 3: Thanks for listening to Carrie Letz's Financial Survival Network, your
• 17:32
  Speaker 3: solution to today's trying times. For the latest, go to
• 17:36
  Speaker 3: Financial Survivalnetwork dot com. Financial Survival Network now more than
• 17:42
  Speaker 3: ever