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and welcome. You are listening to the Financial Survival Network. Well, you
ever get your datement back from your broker from your bank and you look at
the numbers and you say, what am I doing with this person? Why
don't I fire them? Well, person you're about to hear from will explain
to you exactly why you should be firing your broker, if there's any still
around, and how he has accomplished a thirty six hundred percent return. The
name his name is, Your name is a den Calandro Dan. It's great
to have you on the show. So lose your broker? Or can most
people make money on Wall Street without a stockbroker? Or can they lose less
on their own? Put it that way, I think the only way to
make money on Wall Street is without a broker. To be honest with you,
it's really not that hard. But but there, you know, is
a strategy to it. And what I do in the book lose your broker,
not your money, is just to give the reader a plan, a
strategy to outperform the portfolio they're broker put together, or you know, any
major market index that they want to beat now s and P five hundred,
Nasdaq, whatever it is, with less risk. That's that's the method that
I outline in the book. Okay, so how do you do it?
Is it? That's simple? Yeah? You know, anyone can do it,
and you got to have some basic knowledge which I lay out in the
book. But what the book basically does in my method fifteen fifty one,
what it does is basically, you know, stack the odds in your favor.
And you know, one hundred million Americans own on average four mutual funds
gerry one hundred millions, basically one out of three people. Right, The
average mutual fund owns around a thousand stocks, So they have a collection of
say four thousand stocks, and they're trying to beat a thirty stock index called
the Dow Jones and dust your average And do you really need that much?
And the answer to that is no. All you do is basically increase your
risk and marginalize your return. My book basically centers around my METHODGE fifteen fifty
one, which is comprised of fifteen stocks, and my method proves that you
could be market diversified with fifteen stocks. So you market diversified with fifteen,
Why own thirty the Dow thirty or why own five hundred and five because the
SMP five hundred actually has five hundred and five stocks in it? And why
would you own a collection of four mutual funds for four or five thousand stocks
to try to outperform a thirty stock average? Right, So you pick those
fifteen. The fifteen's easy if you know how to lay them out, right,
if you know your blueprint of construction, which is a allocation model,
and that's my fifteen fifty one model. It's covered in chapter three. If
you know how to be market diversified, you basically know what kinds of stocks
you're looking for. And in the book, I take the read around that
journey, and the way I do it is say, okay, here's the
definition of the market. Right. Most people call it the SMP five hundred,
the Dow Jones Industrial average. I call it the Dow Jones Industrial average,
And the reason for that is it's thirty stocks, and I can understand
it, right, So I start off by saying, okay, I'll take
fifteen of the Dow thirty and then I'll just improve it. And so what
you end up with it's a smaller group of stocks that are all above average.
So it should be no surprise to anyone that they that this portfolio consistently
produces above average returns, which it does. And again, one hundred million
people own on average for mutual funds, their average amount of money in the
market, it's one hundred and twenty five thousand dollars, right, So what
they do need is some powerful results which you can only get with smaller numbers.
I use the analogy all the time from the military gall out of friends
in the military. And you know, the United States of America wants to
Kilosama bin Laden. They don't send a whole US military after him, which
is right down the street, right, He was right down the street from
a very large Pakistani military complex. But they didn't send the whole military.
They sent a navy sale team or two. Right. Why because they're stronger,
faster, and smarter. Same thing with my portfolio. My method.
Alrighty, so so picking up these fifteen Yeah, and again, you know,
I'm a market diverse I'm a market diversified portfolio, so I look to
spread my investments in a market diversified manner. You know, technology for me,
is not my number one industry. It's actually my number two industry.
Consumer staples and consumer services you know, are my first picks. Um.
But again it's it's a method, it's a process, and I lay it
out, you know, in my book. And the best way to find
the best investments for you or for anybody is to go through your house,
look at the goods that you buy, the services that you use, follow
your money, and those are the best investments for you. That's how I
do it. And basically the book is just the way I do it.
I've been following the stock market since nineteen eighty seven when I was in college.
You know, Black Monday was a big day for me. I remember,
And what's that you remember? I remember it well? So, yeah,
try to do in a walk down main street situation like Peter Lynch describes
in his book One Up on Wall Street, Like his thing was, it
used to be, you go to the mall, you see which stores have
the crowds you buy those stocks. Nobody uses the mall anymore, so I
guess you have to find something else so you're not in. And what is
the heaviest concentration of these fifteen stocks that you're in? Now? Can my
number one stock? My number one stock carry is Church in Dwight. Do
you know it? I don't know. It sounds like a men's clothing store.
Yeah. You. I guarantee you if I rattle off all fifteen in
my stock, you'll know every single one of them. And for your audience
that doesn't know who Church and Dwight is. I love the stock. I've
loved it forever. Great management team, clearly Armorhammer, Bacon Filder. You
ever hear of that? Yeah, it's in every boat Occidental Petroleum. They
they Church and Dwight um is Armored Hammer and and a bunch of other great
products, product lines and a very well managed company. They are my number
They are my number one holding. Oh well, hey, this is if
you're looking for the birch roll angle. They owned Trojan oxy Clean. I
use them, water pick Zekam. They're a breath Yeah, and again you
know, how did you how did I find them twenty five thirty years ago
when I bought it. You know, how did I find them? Going
to link cover? You know, think about think think about armored hammer.
It's in every household, it's everywhere, every restaurant, right, every bakery.
Um, and again that that's a consumer staple. That that's that's people
people buy their products out of need more than one you know. Um yeah,
that's that's that's my number one in the consumer staple service, Arrows said
theodor And I didn't even know there were still around. Yeah, yeah,
yeah, there's another here this and spun all right, So, um,
you want me to change in the industry? What are you? What are
you kind of looking for? You want number two? And my number one?
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survival network. The information you need to throw now. More than you know
though, these are in my portfolio in my so in the book, I
create a portfolio and I take the reader on this journey so they can learn
how to build a portfolio, right, because it's that's what it's about.
It's not about picking stocks. It's about building a portfolio that will achieve your
objective. Right, And the objective for this portfolio, and if you go
to my website, lose your broker dot com and you look at performance,
the purpose of this portfolio is to do two things. Well, it's supposed
to do one thing. It's supposed to indicate how the stock market strength is
performing. Okay, that's its objective, that's its purpose in life, this
portfolio, and it's got to do two things. One it's got to outperform
the market averages, therefore producing above average or quote strong results. Right,
and it's got to move in a market like manner to prove that it's market
diversified, right the dial Really, you know, Thal theory basically pioneered market
diversification because it proved well in the beginning. It did it with twelve stocks.
But the world was different in eighteen ninety six when it was invented.
But but the Thal proves that you can achieve market diversification with thirty stocks.
I prove fifteen fifty one proves that you can optimize market diversification with fifteen stocks.
So why own thirty five hundred or four thousand if you can achieve the
objective with fifteen and earn higher returns with less risk. Obviously fifteen stocks it's
less risk than four thousand, right right, Okay, So tell us another
one. Okay, So my second one on my list there is United Healthcare.
And United Healthcare was added to this portfolio after Obamacare passed the Supreme Court
hurdle to be quote unquote constitutional, even though a lot of us think that
it wasn't. But but once it passed the Supreme Court hurdle, to make
it legal. I know, just like we all know, anytime the government
wants something, they inflate it. They pump a lot of money through it.
And so I added United Healthcare because I figured the government would would pump
a lot of running through the healthcare sector. And inflation is good if you
own stocks, right, because it pushes the price up. And when I
added United Healthcare to my portfolio, the fifteen fifty one indicator, it was
sixty seven dollars. It's four hundred and eighty eight today. Bad. Not
bad? Okay, one more your top three. Well, I'll give you
a different I'll give you my number one technology holding, just because everyone knows
it and you don't have to love the company as much as you use it.
Right and Google is it right? Um? Yeah, not a real
san but yeah here I'm with you. I agree with you. Um,
but Jesus, everybody uses it, including me, for a lot of different
reasons. Um, they're big, you know, cash flow positive, you
know, big investor. They're taking over the world. You know, you
might well own a piece of it the easiest way, the easiest way.
And I for the longest time I had Exon Mobile in my portfolio and The
reason is because there's a lot of Exons around my house, and I buy
a lot of their gas, and I pay for their profits. I might
as well own a piece of it, right, get some money of my
money back, um, and and and and for me and my method,
the way I teach, the way I coach it um is to make it
very personal, because investments personal for you. Generally, you'll do the right
thing by yourself because you're you're you're doing it for yourself, right. And
my big thing with with Xon was they just they just weren't expanding to other
forms of energy. They which it was all about oil always, you know.
So I shifted out of them and got one that was more more integrated
to other forms of energy including gas of natural gas and solar and battery and
hybrid kind of technology. So that's the way I invest I invested. I
mean, make it persons yourself. I owned Boeing for years and years and
years. I sold it. I got rid of it with the with their
debacle around the Max and it's still going on. I mean, they handled
that about as poorly as you can handle it. The government handled that about
as poorly as they could have aided a lit So tell us Dan, who
did you replace Xon with the Southern Company? The Southern Company integrated Energy vertically
integrated energy utility at one time? Yeah right, all right, how do
you like FP and l FPL, which is I don't I don't know them.
I don't follow that. I'm in Florida, so I follow him every
month because I get a bill. But so, looking at yeah, that's
the way to do it. Look at it utilities, and it's probably the
best utility in the country. Um. But looking at utilities here, and
they moved to EVS, it's very similar. And you raised it to Obamacare
effectively, it's an energy Indeed, all right, your healthcare sucks. We're
going to give you a new, better version, which isn't but we're gonna
put ten times more government dollars into it. Here, your ice car is
garbage, it's killing the children. We're going to put you into EVS,
and we're gon we're gonna make it irresistible for you to buy an ev We'll
even give you seventy five hundred dollars. So obviously, the Teslas of the
world are going to compete on a business to business basis, and they'll either
succeed or fail. Right now, Tesla is a huge winner from this velvet
velvet fist of the government, and I probably believe that it will be longer
term as well, because they get the whole electrification thing, they've built a
company around it. But downstream from there, who's going to be the biggest
beneficiaries. It's going to be electric utilities has to be not so much from
the standpoint of their biggest power producers, which they are, but they're going
to be the intermediaries of people that produce alternative energy, and they're going to
get their cut way more than they deserve because the way Florida's set up,
they're going to clean up on this thing that, Yeah, they're going to
get tons of subsidies. So the best electrical utilities out there, particularly in
the southeast southwest where governments are less mettlesome and punitive and they're recouping their investments
and turning a profit, FPL has got to be number one. Plus they're
literally their headquarters four miles down the road from me. Yeah, exactly,
And you know, you're right, I agree one hundred percent. I mean,
I'm not a big fan of energy. I mean, you know,
I'm a I'm a I'm a CFO, financial analyst, whatever you want to
call me. Right, energy is a completely different balance sheet. I mean,
it's always given me problems to assess the reason why I own an energy
company. And I don't love energy as a whole as an investment because I
can't understand it right the financials as much as i'd like to. It's because
it's in the market. It's a big piece of the market, and I
want to be a market diversified portfolio. So you know, that's the reason
why I'm there. But I make very personal decisions and management of my portfolio.
I sold Nike when they embraced the the colon Kaepernick kneeling at the flag
thing. I just thought, you know, why would you want to turn
off why would you want to turn off half of your you know, you
know, half of your customers in the biggest market in the world, America.
I just I thought that was a bad move. But you know,
you know Boeing, with the way they handled the Max that's scared the heck
out of me. I mean as an investor, you know, I sold
that. I got into Lockheed Martin because I needed that that market allocation.
So, like I said, my fifteen fifty one method gives you that blueprint
of the of the market segments that you need to cover to be market diversified.
So I know when I pulled something out, I need to replace it
in this market or when the DAO changes. You know, the Dow goes
through its changes just like every other portfolio, and when the DAL changes,
they change the definition of what the quote unquote market is. So I make
my adjustments based on it. You know, got it? All right?
So um, all right again, tell us the book, and I assume
it's available wherever fine books used to be sold down. You know it's it's
available on my website, Lose your Broker dot com. It's lose your Broker
now your money. Check it out. It's easy to read, simple to
do, it works, and you know I'm there to coach and support.
So it's it's pretty much got everything you would need to take investment by the
reins for yourself and start outperforming because the Wall Street model is broken and it
doesn't work and it's made for them, not you. A little different.
Think that all right? Hey, you got a question for Dan, shoot
me an email kl at carry luz dot com. Make sure you go to
the site. You'll find the link to Dan's site there Financial Survival Network dot
com. It's right in the show notes. And while you're there, sign
up for your free newsletter. Yeah, a pleasure. We will definitely have
you back on and appreciate your coming on anytime. Carrie. Thanks, take
care, Thanks for listening to Carrie Lenz's Financial Survival Network, your solution to
today's trying times. For the latest, go to Financial Survival Network dot com.
Financial Survival Network now more than ever,