Start Investing Like the Mafia Now
Harry Dent | March 29, 2019 | An article caught my eye earlier this week: 102-year old John “Sonny” Franzese, a former Colombo crime family member, incarcerated for 50 years for refusing to rat on his friends, is finally speaking out. This, on the heels of the Francesco “Frank” Cali murder on March 14 – the first killing of a New York mob boss in more than 30 years – got me thinking about the infamous Great Depression group. Despicable people. Smart too. In the pre-depression bubble, they cornered the bootleg booze market. Their cash profits were staggering. Then, when the markets and economy went tits up in 1929, they took on the banking sector. Because they had piles of cash, they lent when no one else would, at rates of 20% or more. Desperate businesses made desperate choices. And when they couldn’t pay back, the mafia took over their operations. By the time things began turning around, they had scooped up so many opportunities, they were perfectly positioned to become even richer. In short, they were so financially smart, they took advantage of the sale of a lifetime that opened in front of them. That same opportunity is now in front of us. Listen to my latest video to hear more details about the opportunities ahead, when and how to start preparing, and why you should take a page from the mafia’s playbook (without breaking any laws or knocking anyone off, of course). 
Also in today’s video, I elaborate on three principles you must focus on between now and 2020. And I share two other, less radical but equally inspirational, examples of how investors and businesses took advantage of the last sale of a lifetime. WATCH NOW » Trending Stories... Last weekend wasn't exactly sunny on the Texas coast, but it was the closest we've gotten in two months. Early on Saturday, I started work in the yard. 96 bags of mulch later, I took a much-needed rest and made my way through the day's news. It was all Mueller, which is unfortunate because there are... In the last week, there have been a slew of articles warning that we're on the verge of a recession. The most prominent is talk about the yield curve – the 10-year versus the three-month Treasurys – finally inverting. That has led every recession since 1955, and only gave one false signal in the 1960s.... I live 200 feet from open water, facing Clear Lake, Texas. It's not a lake, it's a bay off of Galveston Bay, and it's definitely not clear. But other than that, the description is perfect. My downstairs area is 9.2 feet above sea level and consists of garage space and a storage area. The first... People don't understand gold. They don't understand the U.S. dollar either. Mostly, it's the same people. Gold bugs thought we were debasing the dollar by printing our way out of the 2008/9 financial crisis. Ha! Actually, the dollar has been rising since the start of that recession. The dollar, not gold, is actually the safe... Every six weeks the Federal Open Market Committee (FOMC) meets to decide whether a change in policy is needed to coax our economy in the right direction. They wrapped up their latest meeting on Wednesday. When Fed Chair Jerome Powell delivered his policy statement, stocks bounced and Treasury yields fell sharply. (Keep in mind the... | 
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