9 Comments

  1. While I can understand you not trusting the stock market, there are a number of companies that are trading at very high dividend yields. As a few example, NRZ, New Residential, yield is around 30% where normally it is 10%; Exxon (XOM) is around 10% where normally is is around 5%; Suncor Energy (SU) yield is around 11% where normally the yield is 5%, etc.

    I think prices may go lower, and yields higher, at least until the government bailout/handout plan is passed.

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  2. Hey DT, enjoyed the last podcast and found it pretty amusing. You are right to an extent when you talk about the fed and our economy being fake, that is what fiat currency is after all. The main thing you are forgetting is that the fed can stay solvent way longer than you can stay right. The fed will have the bubble blown back up and this will have been a blip on the radar within 12 to 24 months. The fed always gets its money back through inflation. The fed lies and tells idiots like AOC that the inflation rate is 2 or 3% when it is much higher. A cute trick they pull is not measuring the cost of housing as part of inflation tracking.

    Log onto udebtclock.org, median income in 2000 was $30,544 while the median new home price was $162,833. Today the median income is $33,833 and the median new home cost $312,573. Gee, I cant figure out why there are so many homeless people. Welcome back serfs, 50 year mortgages have been a thing in California for a while now. Ron Paul tried to warn people and there are several videos of him exposing the fed chair in congress on youtube but people are idiots so now he is gone and the squad has replaced him, God help us.

    Your knowledge of the fed is very limited. Don’t waste your time watching Maria Bartiromo, shes an air head. If you want to know the truth read “End the Fed” by Ron Paul and “The Creature from Jekyll Island” by G. Edward Griffin. Keep putting out the podcast.

    The Insider

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  3. DT I have a few questions I’d like your thoughts on.

    do you believe this shutdown and virus will be over come Easter? I know trump has been saying that Easter is the goal to open every thing back up.

    When do you think this virus will be under control? This summer? Or next year? Longer?

    How long do you feel it will take our economy to bounce back?

    Lastly, if the government starts to use drones to police every one during this shutdown / self quarantine do you see people after months of this shutdown starting to shoot down these drones.

    Thanks!

    I look forward to listening to your podcast every week!

    Keep it up General!

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  4. I think declaring your financial strategy as “winning” based on only 2 months of up vs. 10 years of losing is a little premature. You are also not factoring in dividend returns when comparing your “guaranteed” 4% returns with equity returns. But then again, insurance is not the same as investing either. And that’s not to say that I think you should change what you are doing. You do what works for you and helps you sleep at night.

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    1. I remember that the historic long-run rate of return for equities (I think over any 20 year period) is about 8%. The extra compounding from the additional 4% over DT’s guaranteed 4% makes a world of difference and even more so if if DT’s 4% is taxed every year. However, I’ll agree with DT that there are periods, even relatively long ones like 10 years, where equities haven’t grown much, if at all (though you could still be paid dividends during this time). The turn into the 2000s up to the bottom of 2009 was a rough 10 years for equities.

      I think ljlyon summarized it best in his comment on Debrief #27:

      “You buy into it when it is down, really down when people are afraid it’s the end, because If it doesn’t come back America won’t exist anymore and your money will be worthless.”

      That said, I think your last point is certainly valid and suffices for DT to maintain his position. Invest in things and only amounts that you’re comfortable with.

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  5. Well, DT I’ve had a few beers so if this is in coherent or garbled I’m sorry but here we go…

    So you invest in silver. I do too mostly junk silver I find in change … about 4lbs worth now. But to get your money out how do you sell it and how does that fit into a long term investment strategy? I’ve only sold some half dollars on ebay. Is that the way it’s done or are there other methods to recoup your cash?

    Now mixed thoughts on the podcast…

    The “red pill” community deserves your enmity. For one it’s a men’s movement named after a famous scene in the Matrix, which is written by two brothers who mutilated their genitals and are now sisters. That ironic enough for the whole group to be mocked. Second, that scene the ” red pill Blue pill” is basically Plato’s cave allegory and the group as a whole never touches on that or any deeper philosophy. It’s all cliches and one liners. Now the community is dwindling or non existent from the wave of demonetization which shows it’s was for profit. They lost ad revenue, books got taken down, then they had to resort to selling supplements ( Get your kratom here!), and finally they moved on to greener pastures (Found Jesus).

    Or maybe it was well intentioned and the group as a whole never matured and I am just cynical. The name and the group always kinda made me cringe; too juvenile . Especially when I heard adult men talking about it and using their jargon in real life.

    As for as the corona virus. Too much is unknown. I suspect/hope that as much as 4 to 40 times as many people are infected and have no serious symptoms, just cold like. This would mean the death rate is way lower. We won’t know the true toll until after this passes and the world can measure how many extra deaths we had during this period to find out how bad it was.

    The most dangerous part of it now is the herd, your right. The runs on food and toilet paper show how unprepared they are for hiccups in the system. But then the sheep have always been this way. Aesop went over this in his parables centuries ago. We, in the black brigade, are either the wolves or the sheep dogs; God or history will tell if we are evil or not… The people right now should be planting vegetables. It’s warming up and if the people are afraid of getting sick well then avoiding the supermarkets, by having some self sufficiency would be a good place to start. But as usual the idiots will not prepare, nor do they want to know. It’s like the underlying theme of the genesis books in the bible… The price for knowledge is the loss of innocence.

    Also They created the $15 minimum wage with the min $600 week unemployment in the bailout package. 600/40 = 15. They get it for free without having to look for work and they will expect it going foreword in the workplace.

    Time to raise your billing rates boys

    and/or

    And load your magazines up all the way… fuck the springs.

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    1. We so need more ljlyon comments after he’s had beers. Nicely done, trooper. DT should promote you…to master sergeant?

      On the manosphere, I think that that community began well enough with the goals of identifying what’s happened with relationships between men and women, the problems with feminism, and what being a man and masculinity even mean in this postmodern world we live in. My favorite spot for exchanges from earlier times (I’d say about 2010-2014) was a WordPress website called The Spearhead. Today, the community is still alive, but I think mostly replaced with “MGTOW” types who, as you say, tend to only state cliches and one liners and never address anything in serious depth. I’m not sure how much value the manosphere offers anymore given how feminist thought and power are still in place, our culture surrounding romance and sex has only degenerated further, and men need to try to build their lives up somehow regardless of their circumstances in life.

      On your comment about how people should be more self sufficient, that would require people to…work…right? And do people like to work in today’s social media, gimmedat, thumbs up type of era? No. Let that be someone else’s problem.

      As for loading up magazines, what would a few more bullets do to the springs anyway? Load ’em up! And paint Hot Shot onto some magazines (CafePress idea, DT).

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  6. Love your podcast DT. My wife and I wish we were neighbors. I hope that we are as prepared as you are for what’s ahead. Putting in a real garden soon. And fruit trees. For our kids I guess. Keep up the great work.

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  7. Thanks for another content packed episode, DT. There’s a lot for people to comment about.

    24:49-24:58 [DT] “But I’m an engineer. I’m just trying to make sure poop doesn’t come up into people’s basements.”

    26:22-26:31 [DT] “What I would’ve done instead of civil engineering, I probably would’ve become a plumber or something like that. Some kind of trade like that.”

    Conclusion: confirmed that DT’s plan to riches centers around poop. Truly, DT shall pioneer a revolution in cleaning and disposing of poop from people and pets alike. Future products and services planned to be available at your local Menards. Lowes and Home Depot soon to follow.

    Yay, the poop is gone. Mmm, this whiskey’s good.

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