1 00:00:00,120 --> 00:00:05,160 The inverted yield curve is basically there's a seventy five basis points difference between say 2 00:00:05,160 --> 00:00:09,679 a two year and a ten year treasury And the only reason why someone would 3 00:00:10,119 --> 00:00:14,359 lock their money up for ten years at three quarters of four percent lower than 4 00:00:14,560 --> 00:00:17,519 they can get for two years is because they believe that in two years they 5 00:00:17,559 --> 00:00:20,600 won't even be able to get what they can get for ten years. Today, 6 00:00:20,640 --> 00:00:26,199 thanks for listening to Carry Lutz's Financial Survival Network, your solution to today's 7 00:00:26,359 --> 00:00:31,199 trying times. For the latest, go to Financial Survival Network dot com. 8 00:00:31,239 --> 00:00:45,960 Financial Survival Network now more than ever, and welcome. You are listening to 9 00:00:46,039 --> 00:00:50,520 watching the Financial Survival Network. I'm your host, Carry Lutz. Well, 10 00:00:50,560 --> 00:00:54,679 Anthony Sakura is with us. We're going to be talking about higher dividend yields, 11 00:00:55,079 --> 00:00:58,320 how you make money even when the economy is going to hell in a 12 00:00:58,399 --> 00:01:02,799 handbasket. Well one of these things. So hey, we're going to get 13 00:01:02,880 --> 00:01:04,799 onto it. If you've got a question or comment, or if something you 14 00:01:04,840 --> 00:01:07,799 want me to cover, I guess you want me to have on send an 15 00:01:07,799 --> 00:01:14,400 email to khl at kryloves dot com. Make sure you whatever platform you're on, 16 00:01:14,439 --> 00:01:17,760 you like, share and subscribe. The show. It really helps the 17 00:01:17,840 --> 00:01:21,000 show out a lot. Anthony, it's great to have you back. So 18 00:01:21,920 --> 00:01:29,159 where's the economy? Inverted yield curve? Feds not raising rates inflation looks like 19 00:01:29,200 --> 00:01:34,040 it's taking a breather. But is it just a temporary breather or is are 20 00:01:34,040 --> 00:01:38,599 we going to see rices and therefore rates go up in the not too distant 21 00:01:38,640 --> 00:01:42,359 future. What's your take on all of it? Gary, Yeah, great 22 00:01:42,400 --> 00:01:45,439 to be here. Thanks for having me back. Love the show, Love 23 00:01:45,480 --> 00:01:49,079 being on your show. I think that the Federal Reserve not raising rates was 24 00:01:49,120 --> 00:01:55,280 the right move. Inflation, as you know, as a lagging indicator that 25 00:01:56,079 --> 00:02:00,519 oftentimes takes six months to react to whatever the Federal Reserve does on you know, 26 00:02:00,560 --> 00:02:02,359 inflation, and may have twenty twenty two at high I believe it was 27 00:02:02,439 --> 00:02:07,079 nine point one percent if I'm correct. Now inflation is down in the mid 28 00:02:07,159 --> 00:02:10,639 threes. Their target is two percent, So we've made a lot of progress 29 00:02:10,680 --> 00:02:15,560 at this point, but we haven't made as much progress as they would have 30 00:02:15,759 --> 00:02:21,599 hold. I think that really hinges around the labor market at this point. 31 00:02:21,599 --> 00:02:25,719 The labor market is starting to soften. If we were having this conversation in 32 00:02:25,759 --> 00:02:30,520 December twenty two, if my memory serves me right carry I think we were 33 00:02:30,680 --> 00:02:36,800 almost at two jobs for every worker available. I think it was one point 34 00:02:36,919 --> 00:02:39,639 nine if I remember correctly. Now I think own to like one point seven. 35 00:02:40,439 --> 00:02:44,520 So the fact is that there's a lot that there it's come down, 36 00:02:44,639 --> 00:02:49,120 there are less jobs per worker. That number is going to need to come 37 00:02:49,159 --> 00:02:51,840 down. A lot of people think that the unemployment rate, which is still 38 00:02:51,840 --> 00:02:54,360 at record lows, that that needs to get up into six or seven percent 39 00:02:54,439 --> 00:03:00,000 in order for inflation to come down. I don't know that that's necessarily the 40 00:03:00,039 --> 00:03:05,280 case, although I believe probably six percent. But this is the recession that's 41 00:03:05,280 --> 00:03:07,120 never happened at this point. And you know, it used to be six 42 00:03:07,159 --> 00:03:09,800 eight months ago. A year ago, we were talking about a recession, 43 00:03:09,919 --> 00:03:14,199 whether it's going to be a soft landing or hard landing. Now they're talking 44 00:03:14,199 --> 00:03:16,840 about no landing. You know, is it possible that we get no recession 45 00:03:16,919 --> 00:03:21,199 at all? And I think that that is possible for the first time, 46 00:03:21,240 --> 00:03:23,680 but I don't think it's likely. I think there is going to be a 47 00:03:23,680 --> 00:03:25,400 recession around the corner. I think the inverted yield curve is telling us that 48 00:03:27,159 --> 00:03:30,360 probably sometime in twenty twenty four. I think we do have to still be 49 00:03:30,360 --> 00:03:34,439 careful, all right. Imagine if they threw a recession and nobody came right. 50 00:03:34,840 --> 00:03:38,759 Yeah, And it's interesting that you know that's the possibility as well too. 51 00:03:38,800 --> 00:03:42,319 But the inverted yild curve is telling us a different story. The inverted 52 00:03:42,400 --> 00:03:46,039 yield curve is basically there's a seventy five basis points different between say a two 53 00:03:46,120 --> 00:03:51,919 year and a ten year treasury. And the only reason why someone would lock 54 00:03:52,000 --> 00:03:55,120 their money up for ten years at three quarters of a percent lower than what 55 00:03:55,240 --> 00:03:59,439 they can get for two years is because they believe that in two years they 56 00:03:59,479 --> 00:04:01,520 won't even be able to get what they can get for ten years today. 57 00:04:01,520 --> 00:04:04,280 And when you look at the economists across the country, you look at the 58 00:04:04,319 --> 00:04:12,280 experts across the country, you look at the economical data that's going on that's 59 00:04:12,280 --> 00:04:15,759 out there, everything points to the fact that the Federal Reserve is going to 60 00:04:15,840 --> 00:04:17,560 lower interest rates in twenty twenty four. The only reason they would do that 61 00:04:17,600 --> 00:04:20,680 is if we have a recession, if inflation does come down and we now 62 00:04:20,720 --> 00:04:24,879 need to start stimulating the economies. I do think that, you know, 63 00:04:24,920 --> 00:04:28,120 odds of a recession in twenty four are still pretty high, and I think 64 00:04:28,120 --> 00:04:30,759 you need to treat that as such when you're trying to figure out what to 65 00:04:30,759 --> 00:04:34,079 do with your own portfolio. All right, so what are you telling your 66 00:04:34,160 --> 00:04:38,839 clients to do now at this point? Anthony? Yeah, interestingly enough, 67 00:04:39,959 --> 00:04:43,759 you know, I want my clients to be in a position to win no 68 00:04:43,800 --> 00:04:46,519 matter what. And that's a phrase that's kind of caught on. It's a 69 00:04:46,519 --> 00:04:51,439 phrase that I've been using recently because Yahoo Finances. When I was interviewed on 70 00:04:51,480 --> 00:04:57,120 their live TV recently, they asked me the same question. In this economical 71 00:04:57,199 --> 00:05:00,160 environment, with all this uncertainty and things going on with China and Russia becoming 72 00:05:00,199 --> 00:05:04,160 friends, and wars and inflation and interest rates and so, how do we 73 00:05:04,199 --> 00:05:08,439 invest in this environment? And my answer to them is, if you are 74 00:05:08,519 --> 00:05:14,639 invested right, you should be able to win no matter what. And I 75 00:05:14,759 --> 00:05:18,120 think that the way to do that is to really focus on dividend paying stocks 76 00:05:18,319 --> 00:05:23,639 because if things go well, then those stocks are still going to grow in 77 00:05:23,759 --> 00:05:26,199 value, and your dividends are just going to be the icing on the cake. 78 00:05:26,759 --> 00:05:30,879 If things don't go well, then the dividends could be the answer to 79 00:05:30,920 --> 00:05:33,000 cancer. If you will, the dividends are going to be the one thing 80 00:05:33,079 --> 00:05:38,639 that you can continue to dollar cost average in and essentially you're getting paid to 81 00:05:38,759 --> 00:05:42,560 wait. And so I think dividends no matter what phase of life you're in, 82 00:05:42,600 --> 00:05:45,759 whether you're in the accumulation phase of life or the principal protection phase of 83 00:05:45,759 --> 00:05:48,399 life, or the distribution phase of life. I think this next decade, 84 00:05:48,680 --> 00:05:51,399 you know, you need to focus on dividends in case things are flat, 85 00:05:51,519 --> 00:05:57,120 like a lot of experts are predicting. Okay, so dividends are important. 86 00:05:57,319 --> 00:06:02,959 I think we agree on that. But if we get like a major recession, 87 00:06:03,279 --> 00:06:08,000 presumably the market's going to get hit as well. Right, do we 88 00:06:08,040 --> 00:06:11,120 think the stock market's going to go down? What do you think it's going 89 00:06:11,160 --> 00:06:15,759 to go down? If the recession magically appears. Yeah, So if we 90 00:06:15,800 --> 00:06:17,120 have a recession, I mean, certainly the market's going to get hit. 91 00:06:17,720 --> 00:06:21,759 And that's the time that you are really going to value dividend stock more than 92 00:06:21,800 --> 00:06:26,399 anything else, because now you have the ability to get those dividends and the 93 00:06:26,519 --> 00:06:30,199 dollar cost average and then back in and to reinvest. And you know, 94 00:06:30,399 --> 00:06:33,000 interestingly enough, if you have growth stocks and you know, we have a 95 00:06:33,000 --> 00:06:36,920 ten year time period of you know, crashes and recoveries and crashes and recoveries 96 00:06:38,319 --> 00:06:40,399 very much like the first ten years of this decade. Well, if you 97 00:06:40,480 --> 00:06:43,279 have a growth stock that doesn't pay dividends, you just have a big blah. 98 00:06:43,399 --> 00:06:45,920 You know, ten years from now, your growth stocks are going to 99 00:06:45,959 --> 00:06:47,879 be worth the same as they are now. Whereas if you're getting dividends, 100 00:06:47,879 --> 00:06:51,000 you can dollar cost average those dividends back in, and if the market goes 101 00:06:51,000 --> 00:06:55,720 down and your dollar cost averaging your dividends back in, that actually helps you. 102 00:06:56,040 --> 00:06:58,639 It doesn't hurt you because you get to buy more of the stage stocks 103 00:06:58,680 --> 00:07:02,879 at a lower price. So it's a very interesting dynamic. But you're not 104 00:07:02,879 --> 00:07:06,639 going to get dividends through growth stock. You're gonna get dividends through value stock. 105 00:07:06,720 --> 00:07:10,839 So the dividends are what's going to help you be able to write out 106 00:07:10,839 --> 00:07:15,160 a time period if we do have a lot of crashes and recoveries, and 107 00:07:15,319 --> 00:07:18,399 yet at the same time, if you're in dividend stocks now and the market 108 00:07:18,399 --> 00:07:23,759 does crash by twenty or thirty or forty, you know, and I think 109 00:07:23,800 --> 00:07:28,519 that's possible, then it might be time to reallocate at some point down the 110 00:07:28,639 --> 00:07:31,240 road into something that's going to be more growth oriented. But that's going to 111 00:07:31,319 --> 00:07:33,639 depend on your phase of life that you're in. If you're twenty, thirty, 112 00:07:33,680 --> 00:07:38,480 forty, twenty or thirty years of retirement, reallocating some more to growth 113 00:07:38,480 --> 00:07:41,319 may make sense. If you have ten or less years of retirement and you're 114 00:07:41,319 --> 00:07:44,920 retired, you probably want to stick with the value stocks or even sharp your 115 00:07:45,000 --> 00:07:48,560 portfolio in such a way to where you have maybe a smaller percentage of your 116 00:07:48,600 --> 00:07:54,079 portfolio and are living out the income from other things that are not stock market 117 00:07:54,120 --> 00:08:01,079 related. All right, So then question becomes what else should you be holding? 118 00:08:01,439 --> 00:08:07,160 What else should be in your portfolio besides besides stocks? How do you 119 00:08:07,240 --> 00:08:15,439 really really protect against a multitude of threats. Yeah, so there's all universe 120 00:08:15,480 --> 00:08:20,160 of options that are are not stock related that are classified as fixed income. 121 00:08:20,800 --> 00:08:24,600 And interestingly enough, if you have twenty or thirty years to retirement, I 122 00:08:24,879 --> 00:08:28,959 would normally be very fine with you having eighty or ninety percent of your portfolio 123 00:08:30,040 --> 00:08:33,279 in equities. I think over a thirty year time period, the fact is 124 00:08:33,279 --> 00:08:35,399 you're going to average eight or ten percent. I'm not sure that there's ever 125 00:08:35,480 --> 00:08:39,039 been a thirty or forty year time period in the market where it's ever averaged 126 00:08:39,080 --> 00:08:41,519 anything less than eight or ten percent. But you have to have a long, 127 00:08:41,559 --> 00:08:46,279 long, long time to do that, and so a high percentage of 128 00:08:46,320 --> 00:08:50,000 stocks makes sense. But we're at a point in time carry where the fixed 129 00:08:50,039 --> 00:08:54,440 income market has just been hit over the last couple of years. It's the 130 00:08:54,480 --> 00:08:58,159 worst fixed income market over the last two years. I think in forty two 131 00:08:58,240 --> 00:09:01,639 years, first time you can actually buy fixed income as a capital appreciation play. 132 00:09:03,159 --> 00:09:05,639 So if you, even if you're younger, even if you have thirty 133 00:09:05,679 --> 00:09:09,000 or forty years, where normally I would suggest that you you have the bulk 134 00:09:09,039 --> 00:09:11,759 of your money in stocks, I think a sixty forty plan right now works, 135 00:09:11,840 --> 00:09:15,519 not for the reasons that they say sixty forty is gonna work, you 136 00:09:15,559 --> 00:09:18,080 know for these last decades where that's kind of in the standard mantra. I 137 00:09:18,120 --> 00:09:22,480 think a sixty forty plan works now for you because if the Federal Reserve lowers 138 00:09:22,519 --> 00:09:26,320 interest rates, that's gonna cause that forty percent of your fixed income port boil 139 00:09:26,399 --> 00:09:31,679 to bound. Not because it's gonna because fixed income reacts opposite of interest rates. 140 00:09:31,759 --> 00:09:35,279 Interest rates down, fixed income grows, So you can use it as 141 00:09:35,320 --> 00:09:39,919 a capital appreciation play. And then and then potentially when the market is down 142 00:09:39,919 --> 00:09:43,279 and your fixed income is up, reallocate out of your fixed income into the 143 00:09:43,320 --> 00:09:46,120 market, and then you use that going forward. You know, stay fully 144 00:09:46,159 --> 00:09:50,279 invested going forward. I don't want you to trade in and out of the 145 00:09:50,320 --> 00:09:54,200 market trying to make money that way. But entering the market is totally different 146 00:09:54,200 --> 00:09:56,279 than trading. I think you're gonna have a much much better entry point into 147 00:09:56,320 --> 00:10:00,639 the market than now, and until then you can use anything in the fixed 148 00:10:00,679 --> 00:10:03,279 income category to be getting paid while you wait. On today's environment, you 149 00:10:03,320 --> 00:10:07,759 should be able to get five or six percent after fee is pretty easy from 150 00:10:07,840 --> 00:10:11,679 fixed income investments, and there's a good likelihood that in the next one to 151 00:10:11,720 --> 00:10:15,440 two years they will also shoot up in value. So great double double whammy 152 00:10:15,519 --> 00:10:18,159 if it works the way that we think. Okay, so how yield is 153 00:10:18,200 --> 00:10:22,720 your friend, but you don't want to take too much risk on yield. 154 00:10:22,799 --> 00:10:26,039 You don't want to but yield ahead of everything, right, You got to 155 00:10:26,039 --> 00:10:31,240 look for some kind of margin of safety percent. And the biggest mistake that 156 00:10:31,279 --> 00:10:35,120 I see retirees make, especially when it comes to chasing hwo yielding socks, 157 00:10:35,200 --> 00:10:39,200 is they do just that. They're they're chasing yield, and if all you 158 00:10:39,240 --> 00:10:43,559 do is look at the yield, then you might miss the entire underlying story. 159 00:10:43,200 --> 00:10:48,440 There are companies out there that the price has dropped, and if you 160 00:10:48,480 --> 00:10:50,039 know how yield work, when the price dropt, the yield goes up. 161 00:10:50,480 --> 00:10:54,639 And if you're an unsophisticated investor and you're just looking for yield, because you 162 00:10:54,679 --> 00:10:58,240 know, here Anthony is sicaro on, you know, as saying that you 163 00:10:58,240 --> 00:11:01,080 got to go find yield, and you get off for this interviewing. You'll 164 00:11:01,080 --> 00:11:03,200 find a yield. You're like, oh, well, that one's paying you 165 00:11:03,240 --> 00:11:05,039 know, five percent, six percent, seven percent, I'll get on on 166 00:11:05,120 --> 00:11:09,360 that. Well, the reality is it might be paying a high yield because 167 00:11:09,360 --> 00:11:11,919 the price just dropped in value. And the question is did the price drop 168 00:11:11,960 --> 00:11:18,399 in value because of just some systemic drop of what's going on in the markets, 169 00:11:18,039 --> 00:11:22,399 or did the price drop in value because the underlying fundamentals of that company 170 00:11:22,480 --> 00:11:26,120 are not good and you may not know that. So whereas you know, 171 00:11:26,159 --> 00:11:31,480 the professionals are trying to make this determination whether a high yield, there's a 172 00:11:31,480 --> 00:11:35,399 good value play where you can buy something with the high yield and get and 173 00:11:35,440 --> 00:11:39,600 get a company that is under valued. As an un sophisticated investor, you 174 00:11:39,679 --> 00:11:43,000 might not be getting a value play. You might be getting on board the 175 00:11:43,039 --> 00:11:46,679 sinking ship, which we often refer to as a value trap, where all 176 00:11:46,679 --> 00:11:48,879 of a sudden you buy it for the high yield and then they cut the 177 00:11:48,919 --> 00:11:52,200 yield. Then then the price goes down more, and then now now you're 178 00:11:52,200 --> 00:11:54,720 on a sinking boat. So you have to be really careful. You can't 179 00:11:54,759 --> 00:11:58,320 just chase yields. You have to look at the fundamentals under the hood too, 180 00:11:58,360 --> 00:12:03,360 to make sure getting something that's that's really true value, not something that's 181 00:12:03,399 --> 00:12:09,240 falling apart very true. Yeah, you just don't become a yield tour as 182 00:12:09,279 --> 00:12:13,240 they call them, right. You need to look past past the yield and 183 00:12:13,320 --> 00:12:20,399 really look under the hood because a lot of these cyclicals they pay these huge 184 00:12:20,480 --> 00:12:22,600 dividends, but it could be right at the end of the cycle and then 185 00:12:22,600 --> 00:12:26,960 they're going to take a hitt and then they'll be cutting their dividends. So 186 00:12:26,120 --> 00:12:33,360 who needs that? Hey, So besides dividends and besides looking for yield, 187 00:12:33,399 --> 00:12:39,720 is there anything else you can do to help defend your portfolio and your will 188 00:12:39,360 --> 00:12:46,360 against the potential volatility that seems all but inevitable. Yeah, I mean leaving 189 00:12:46,399 --> 00:12:48,679 some in cash right now, it's probably not a bad idea as well. 190 00:12:48,879 --> 00:12:52,639 Right, this is the first time in many years that you can actually earn 191 00:12:52,679 --> 00:12:56,679 something out cash. But you've got to be careful if you put your money 192 00:12:56,679 --> 00:13:01,600 in cash too. We we've talked to a lot of people that have said 193 00:13:01,639 --> 00:13:03,679 something like, you know this, why I put all my money in CDs 194 00:13:03,759 --> 00:13:09,120 that are earning five percent And they're excited about the fact that they got a 195 00:13:09,159 --> 00:13:11,720 one year CD that's earning five percent or so, and they come to be 196 00:13:11,759 --> 00:13:15,879 almost thrilled. The challenge, though, is that a lot of people are 197 00:13:16,039 --> 00:13:20,720 using that short term CD for long term strategy, and I think that's a 198 00:13:20,759 --> 00:13:24,799 mistake. The fact is that we do have an inverted yield curve, and 199 00:13:24,240 --> 00:13:28,159 if you get five percent now for one year, you're gonna feel good for 200 00:13:28,200 --> 00:13:30,519 one year. But what if we do have that procession. What if the 201 00:13:30,519 --> 00:13:33,720 Federal Reserve lowers interest rates to where they were just a couple of years ago 202 00:13:33,720 --> 00:13:37,279 pre COVID, and all of a sudden, you're CD matures at five percent 203 00:13:37,120 --> 00:13:39,000 for that one year, and all of a sudden, you can you can 204 00:13:39,000 --> 00:13:43,360 only get less than one We go back to the tide period where or maybe 205 00:13:43,399 --> 00:13:46,919 you can only even get too. Well, that's what I often refer to 206 00:13:46,000 --> 00:13:48,720 shooting yourself in the foot. If you have this money set aside, you're 207 00:13:48,759 --> 00:13:52,480 getting needed in a year for a large purchase, to put it down on 208 00:13:52,399 --> 00:13:56,440 real estate, or you know, college planning for your kids or wedding, 209 00:13:56,519 --> 00:14:00,440 or if you're gonna need this stuff and this money and one or two years, 210 00:14:00,480 --> 00:14:03,720 absolutely short term CDs, give what you can out, and then when 211 00:14:03,759 --> 00:14:05,759 the CD of a church you have access to the money. A great strategy. 212 00:14:05,799 --> 00:14:09,840 But if this is your long term retirement plan and you're not going to 213 00:14:09,879 --> 00:14:13,159 need this money for ten or twenty or thirty years, regardless of what age 214 00:14:13,200 --> 00:14:16,720 you are, I wouldn't recommend locking it up all executing a short term strategy 215 00:14:16,759 --> 00:14:22,279 for a long term plan. You can get long term. You can get 216 00:14:22,279 --> 00:14:26,080 five and six percent today NETA fees by using fixed income for the long run 217 00:14:26,120 --> 00:14:28,519 and not just for the short run. So it doesn't mean don't have anything 218 00:14:28,559 --> 00:14:31,399 for the short run. It doesn't mean said at all aside having some for 219 00:14:31,440 --> 00:14:33,840 the short having some for the mid term, having some for the long run. 220 00:14:33,840 --> 00:14:37,039 It's probably the best way to do it in order to maximize your yield. 221 00:14:37,039 --> 00:14:39,200 But your yield is the only thing you can count on. For the 222 00:14:39,240 --> 00:14:43,320 next decade. Yeah, I totally agree with you. Well, Anthony, 223 00:14:43,399 --> 00:14:46,919 appreciate you coming on. Tell us where we find you, how we connect 224 00:14:46,960 --> 00:14:50,840 with you on the whim Yeah, absolutely so why company has Providence Financial? 225 00:14:50,919 --> 00:14:52,960 You could search for a Providence Financial in Woodland Hills, California, and we 226 00:14:54,080 --> 00:14:58,480 come up everywhere on the first couple of pages. Our website is Providence Financial, 227 00:14:58,600 --> 00:15:03,679 Inc. Dot com. And if anyone watches your show and they are 228 00:15:03,879 --> 00:15:07,600 interested in getting a blog, I have a new book, More Life than 229 00:15:07,799 --> 00:15:13,639 Money, that talks about ten different mistakes that retires can make in retirement that 230 00:15:13,679 --> 00:15:15,879 they don't even know they're making. And if they let me know that they're 231 00:15:16,000 --> 00:15:18,080 calling in from having watch this show, I'll send them a copy of the 232 00:15:18,080 --> 00:15:20,879 book apps a little all right, great, well, we'll put that in 233 00:15:20,919 --> 00:15:24,720 the show notes along with a link to your site. If you've got a 234 00:15:24,799 --> 00:15:31,279 question for Anthony myself, it's kl at carry Lutz dot com and make sure 235 00:15:31,320 --> 00:15:35,759 you go to the site Financial Survival Network dot com and get your free newsletter. 236 00:15:37,000 --> 00:15:39,639 Anthony, always a pleasure. We'll talk to you a getting real soon. 237 00:15:39,919 --> 00:15:41,559 Dark. Thank you so much for having me, God blessed, thanks 238 00:15:41,559 --> 00:15:48,960 for listening to Carry lets's Financial Survival Network your solution to today's trying times. 239 00:15:48,320 --> 00:15:54,759 For the latest, go to Financial Survival Network dot com. Financial Survival Network 240 00:15:54,200 --> 00:16:00,919 Now more than ever, the gros