In our last blog (October 3, 2022), Bear Markets Represent A Buying Opportunity, we listed 20 DRIP stocks that are great buys. At the close of the market on October 7 th , Lockheed Martin (LMT) dropped in price to $403.96 resulting in a dividend yield of 3%, so we now have 21 DRIP stocks that meet our criteria. By the time you read this, LMT’s price might rise again, resulting in a dividend yield of less than 3%; if you do not own any shares in LMT – based upon global instability and the Russian-Ukrainian War – if the dividend yield of LMT is above 2.5%, we suggest you buy some shares.
As Americans, it is important that we NOT bury our heads in the sand and expect that things will stay the same and hopefully get better. We need to prepare for the worst, realizing that much of what we are told are half-truths, if not outright lies. The so-called experts in the U.S. government have their own agenda and are naïve in their understanding of how the rest of the world will ultimately react to the policies they have put in place and continue to implement.
Simon Hunt has predicted that sometime in 2025 there will be a collapse of the global financial system – like the U.S. Depression that began in 1929 — with the U.S. Dollar no longer being the World’s Reserve Currency with at least one rival currency, backed by a basket of commodities and gold, supplanting the U.S. Dollar and Euro. At the same time, a Climatologist has predicted that dust bowels are cyclical – the most recent occurred in the 1930s – happening about every 90-years, with the next to occur in 2025, resulting in a draught throughout the Midwest, which will lead to food shortages. In addition, there will be heightening tensions, bordering on war, between the U.S. and its western allies and the BRICS countries, Brazil, Russia, India, China, South Africa, along with new potential BRICS members such as Iran, Argentina, Saudi Arabia, Turkey, and Egypt.[2] Although, I am not sure how Iran and Saudi Arabia will get along, except for the age-old adage, “an enemy of my enemy is my friend.” Saudi Arabia certainly does not like the U.S. under Joe Biden’s leadership, e.g., Biden stated that his administration would seek to make Saudi Arabia “the pariah that they are.” Threaten, then expect them to do what we ask!?!
Whether or not any or all of these predictions will come true is certainly dependent on the November 8, 2022 election and just as important, who will occupy the Whitehouse in 2025, after the November 2024 Presidential Election. The United States cannot afford to have Democrats in control; they have destroyed most of our Great Cities throughout the United States. And, in less than 2-years, they are well on their way to wrecking the entire Country!
Besides voting these people out of office, in the national and local elections, including the school board races, here’s what you should do: (1) Stay liquid; (2) have enough food, water, and other supplies on hand to take care of each family member for 6-to-9 months; (3) consider having the ability to defend yourself, your family, and your property, e.g., weapons and ammo; and (4) keep buying DRIPs.
Also, if you live in or near a major city (e.g., New York, Chicago, LA), especially one where crime is running rampant and your ability to defend yourself is restricted, consider moving or have a bug-out plan and gear to quickly leave town to a safer place. You might also meet with your neighbors and develop a plan should criminal gangs attempt to terrorize your community.
Because of inflation, many commentators are suggesting you buy hard assets, e.g., real estate, gold & silver, etc. and get rid of your cash… DO NOT FOLLOW THAT ADVICE! My book, The Best Kept Secret to Financial Freedom, published in 2017 is extremely relevant today. Beginning on page 31, I tell you what not to buy (e.g., real estate and gold) and explain why.
In 2016, we started the DRIP investment strategy identifying Great Businesses that continue to increase dividend payouts each, and every year through wars, depressions, and recessions. The longer a company has paid and raised its dividends, the stronger the likelihood that it will continue to do so, no matter what happens in the future. Furthermore, even if the U.S. Dollar is no longer the Reserve Currency of the World, these huge international companies will most likely pay dividends in whatever currency is the most dominate at the time, e.g., a currency supported by a basket of commodities and gold.
Using the DRIP investment strategy, market corrections or crashes work in your favor! When the market turns down or crashes, you are reinvesting dividends at higher yields and acquiring a greater number of shares. In addition, when the market turns downward, other Great Businesses become available for purchase based upon our parameters of at least a 3% dividend yield at the time of purchase, among other requirements. You are buying a future Cash Flow!
For specific details of this program, why it works, and how to become financially independent in 10-to-15 years, please go to our website, www.jeffersoniangroup.com, or directly to Amazon.com and purchase The Best Kept Secret to Financial Independence and Unlock the 4-Doors to Financial Independence. If you want to understand the fraud perpetrated against investors by Wall Street, supported by the U.S. Securities and Exchange Commission (SEC); and learn why every 1% in fees paid each year to brokers, money managers, and financial planners, will cost you 10 years’ worth of retirement income, you should buy and read both books.
To conclude, your game plan for survival and prosperity is to be prepared; to be able to protect yourself, your family and property; to be self-sufficient; stay liquid; and continue to invest in DRIP stocks that have paid and raised dividends, each, and every year, through recessions, depressions, market declines, and wars.
Sadly, war seems to be part of the human DNA… I am a Vietnam Vet, my father fought the Japanese in World War II, and my grandfather was a Medic in World War I. My distant ancestors fought in the American Civil War, the American Revolution, and in 1746 at the battle of Culloden in Scotland, along with many other skirmishes against the British, leading up to 1746. “War good God, what is it good for, Absolutely Nothing!” As former President Trump recently stated, the war between Russia and Ukraine MUST STOP, we need to broker a DEAL NOW! While the Biden Administration is bringing the U.S. and NATO directly into the conflict…
Dum Spiro Spero—While I breathe, I hope.
Slainte mhath,
Robert G. (Mike) Beard Jr., C.P.A., C.G.M.A., J.D., LL.M.
[1] Each Jeffersonian Group, LLC (www.jeffersoniangroup.com) publication is intended solely for information purposes and is not intended nor does it purport to provide legal, tax, individual investment advice, estate planning advice, medical advice, insurance, or business advice. In addition, information and analysis is compiled from sources believed to be reliable but such accuracy cannot be guaranteed. Readers should do their own research and consult with expert medical, legal, tax, insurance, business, and financial counsel before taking any action. Copyright © 2022 Jeffersonian Group, LLC
[2] Simon Hunt, search YouTube videos by his name.