Big Tech is the Key to the Market  This is a big week in The Rich Investor. Chief Retirement Strategist Charles Sizemore will be talking about the potential end of the bull market… why big tech stocks are the key… and how to build a recession-proof portfolio for when it does happen. Charles kicked off the week with a great Q&A video discussing how things are starting to change and what you can do about it.
If you missed this video, click here to watch it now. Then tune in all week to The Rich Investor, usually hitting your email inbox before 11am ET. |
If You're Not Watching Puerto Rico, You're Missing a Glimpse of the Future
Rodney Johnson | June 20, 2019 | They lie, cheat, and steal? No way! In 2014, Puerto Rico issued $3.5 billion in bonds backed by the full faith and credit of the Commonwealth. Now the island's fiscal managers, a group known as the PROMESA board, an entity that Congress created, claims those bonds are worthless. While investors put down their hard-earned cash to buy the bonds, the board members have claimed in court that, because the debt issuance put the island over its legal debt limit, the debt should be canceled. Note that the board isn't asking to reverse the transaction – as in, give investors their money back. They are lobbying to erase the debt so that the Puerto Rican government keeps the funds and the investors get stiffed. Investors are fighting back, but chances are the oversight board will win. Detroit did the same thing in 2014, and Chicago looks like it could be next on the hit list. The oversight board claims that zeroing out these investors while paying others $0.45 to $0.55 on the dollar is the way to bring Puerto Rico back to financial stability. But debt isn't their only problem. READ MORE » Your Free Pot Stock Guide Is Available For Immediate Download  Right now, marijuana legalization has created a once in a lifetime BOOM… One that could be over just a few short months from now. That's why one famous pot stock expert put together a full guide... Showing you how you could start in the BOOMING marijuana industry with just $100… Turn that tiny stake into a potentially massive fortune… And retire incredibly wealthy in less than a year. Now, he'd like to offer you this free guide straight to you today… Click here to see how to claim it. | Trending Stories... As you know, the Federal Open Market Committee (FOMC) meets every six weeks to decide whether they need to change policy to coax our economy in the right direction. You also know that the Fed has a Congressional mandate to provide maximum employment and stable prices, which it works to achieve by manipulating interest rates.... The dark days of 2009 now seem like forever ago. We didn't know which banks would survive. The Fed made all banks take bailout money so that citizens wouldn't know which ones were in trouble and then drain them of deposits. The Fed made bank stocks ineligible for shorting so that investors wouldn't drive their... With all eyes focused on Facebook's cryptocurrency reveal tomorrow, what the Fed will do this Wednesday, and Slack's IPO on Thursday, all of which we'll address in the coming days, let's turn our attention to another major issue that is silently unfolding: the great baby bust. More than any of the current hot events, it... When my team first heard of this cycle, they thought I was crazy. They begged – begged – me not to publish anything about it. I did it anyway, and when people heard about it, many thought I was coo-coo. Some people still do. But this cycle has proved to be one of the best... The state of New Jersey is putting a stake in the ground. Or rather, a stake through the hearts of taxpayers and citizens. But that's nothing new. Anyway, Governor Phil Murphy recently announced the state government's goal to reduce carbon emissions 80% by 2050, compared with the 2006 levels. That's great. He plans to do... | 
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