99rs Surviving the Storm

Our mission is to help readers gain, keep and enjoy wealth.


Merri and I just returned from England where we enjoyed touring Bristol. There is so much history there.


We had a great view of the Clifton suspension bridge from our hotel.  Yet we were looking for more than views on the trip.

While there, we enjoyed our daughter Eleanor’s wedding but also visited with our son Jake and our daughter Francesca in Bristol.


Here I am with Jake and Francesca at a fountain on Bristol’s floating harbor.

When we travel… Merri and I observe as much as we can trying to spot distortions… see trends and glimpse dots to connect.

Our generation is truly privileged to be the first with such easy access to so much of the world. Merri and I take advantage of this fact and we look for ways that cultures differ and ways they are the same.

This process helps us see how gaining, keeping and enjoying wealth might differ in the decades ahead.

This is why our recent message This Time Things will be Different mentioned the book by Ken Rogoff and Carmen Reinhart: “This time it is different”… because this is a good theme to follow… “this time things will be different.”

This means that even if we follow all the rules, sometimes we need more.

Of course every time has been different. Buggy whip makers could have run a perfect operation and failed when society adopted the car.  Secretarial schools that were perfect in every detail for the 70s, flopped in the 80s because the computer replaced so many secretarial skills.

For example in Bristol we saw on our trip how the city has blossomed around the floating harbor, with…


homes on and…


above the water.   Museums… the wooden vessel on the right is a replica of the Matthew… the ship that John Cabot sailed to discover North America.


These cranes are no longer operative but lead to a museum built from the Brunel designed ship the  SS Great Britain.

There is delightful water ferry travel up and down the city.


There are businesses along the water front.


Lloyds Bank headquarters, plus…


many floating restaurants (on right) and…



Bristol’s floating harbor is the heartbeat of this vibrant exciting city… yet in the late 1960s the city council voted to fill in the harbor and put in a main road!  Fortunately voter resistance and the recession of the early 1970s scuppered the plan.

Then… more roads… seemed to be the thing.   Now… that’s not such a good idea.  Times have changed.

Every time is different… every day… every decade… every era.

The key to gaining, keeping and enjoying wealth is spotting the differences and understanding what successes will be new.

As economics and demographics change… the rich will get richer… the poorer will be more poor.

These changes are affecting everyone.  The retiring boomers are finding their pensions and Social Security gone… or inadequate.  University graduates find their educations useless.. they cannot get jobs.

Then there is the story of the working middle… depicted in a recent New York Times article entitled  “99 Weeks Later, Jobless Have Only Desperation”
by Michael Luo.

An excerpt says:  BRATTLEBORO, Vt. — Facing eviction from her Tennessee apartment after several months of unpaid rent, Alexandra Jarrin packed up whatever she could fit into her two-door coupe recently and drove out of town.

Ms. Jarrin, 49, wound up at a motel here, putting down $260 she had managed to scrape together from friends and from selling her living room set, enough for a weeklong stay. It was essentially all the money she had left after her unemployment benefits expired in March. Now she is facing a previously unimaginable situation for a woman who, not that long ago, had a corporate job near New York City and was enrolled in a graduate business school, whose sticker is still emblazoned on her back windshield.

“Barring a miracle, I’m going to be in my car,” she said.

Ms. Jarrin is part of a hard-luck group of jobless Americans whose members have taken to calling themselves “99ers,” because they have exhausted the maximum 99 weeks of unemployment insurance benefits that they can claim.

For them, the resolution recently of the lengthy Senate impasse over extending jobless benefits was no balm. The measure renewed two federal programs that extended jobless benefits in this recession beyond the traditional 26 weeks to anywhere from 60 to 99 weeks, depending on the state’s unemployment rate. But many jobless have now exceeded those limits. They are adjusting to a new, harsh reality with no income.

In June, with long-term unemployment at record levels, about 1.4 million people were out of work for 99 weeks or more, according to the Bureau of Labor Statistics. Not all of them received unemployment benefits, but for many of those who did, the modest payments were a lifeline that enabled them to maintain at least a veneer of normalcy, keeping a roof over their heads, putting gas in their cars, paying electric and phone bills.

Without the checks, many like Ms. Jarrin, who lost her job as director of client services at a small technology company in March 2008, are beginning to tumble over the economic cliff. The last vestiges of their former working-class or middle-class lives are gone; it is inescapable now that they are indigent.
Ms. Jarrin said she wept as she drove away from her old life last month, wondering if she would ever be able to reclaim it.

Nevertheless, the political appetite to help people like Ms. Jarrin appears limited. Over the last few months, 99ers have tried to organize to press Congress to provide an additional tier of unemployment insurance. But the political potency of fears about the skyrocketing deficit has drowned them out. The notion that unemployment benefits discourage recipients from finding work has also crept into Republican arguments against extensions. As a result, the plight of 99ers was notably absent from the recent debate in the Senate.

Ms. Jarrin ping-pongs between resolve and despair. She received her last unemployment check in the third week of March, putting her among the first wave of 99ers. Her two checking accounts now show negative balances (she has overdrafts on both). Her cellphone has been ringing incessantly with calls from the financing company for her car loan. Her vehicle is on the verge of being repossessed.

It is a sickening plummet, considering that she was earning $56,000 a year in her old job, enjoyed vacationing in places like Mexico and the Caribbean, and had started business school in 2008 at Iona College.

Ms. Jarrin had scrabbled for her foothold in the middle class. She graduated from college late in life, in 2003, attending classes while working full time. She used to believe that education would be her ticket to prosperity, but is now bitter about what it has gotten her.

“I owe $92,000 for an education which is basically worthless,” she said.

Last year she moved to Brentwood, Tenn., south of Nashville, in search of work. After initially trying to finish her M.B.A. program remotely, she dropped out because of the stress from her sinking finances. She has applied for everything from minimum-wage jobs to director positions.

So, in her drab motel room, Ms. Jarrin has been spending her days surfing the Internet, applying for jobs.

Lining the shelves underneath the television are her food supplies: rice and noodles that Ms. Jarrin mixes with water in the motel’s ice bucket and heats up in a microwave; peanut butter and jelly; a loaf of white bread.

She has been struggling with new obstacles, like what to do when an address is required in online applications. She is worried about what will happen when her cellphone is finally cut off, because then any calls to the number she sent out with her résumés will disappear into a netherworld.

This time things will be different…  even if we follow all the rules.  Sometimes we need more.

If we are rich while others remain poor, we become prisoners of our own affluence, entrapped in the protections of our wealth. Abundance can only be truly enjoyed when surrounded by others of great wealth.

Mankind needs to progress together so I hope you will help me help others learn the secrets of everlasting wealth by passing this simple story about wealth along.

This is a legend about everlasting wealth inspired by the sea and harbors like Bristol.  If you enjoy the daily messages you receive, your help can us bring this story to millions and in doing so help the new times and many more people gain, keep and enjoy wealth.

Thank you,


Lessons for Everlasting Wealth


I recently discovered an almost forgotten legend about an ancient race called the Lossen. They were a great ocean tribe far advanced for their time, plying the Pacific and bringing riches to their shores that no people in that time and place possessed. One tale is of a famous Ship’s Master named Turth who was famed for the way he traveled seas so swiftly and always returned with great treasure far richer than any had found.

Shiploads of gold and silver, precious gems, rare spices and metals forged to unheard of hardness had made him one of the richest and most powerful men in the land. Yet Turth, unlike other master mariners, had remained humble and he treated his men honestly and well.

One day, so the legend says, Captain Turth was approached by his apprentice Reekes. “Master, may I speak with you? I must request permissions and help from you, sir.”

The rich master knew this young man’s nature well. He was his most hard working assistant, honest, loyal and diligent beyond the nature of most seaman so the master bid him to sit and speak.

“Master,” said the young apprentice, “you have seen that I have worked hard in your service, but may not know that unlike many of those who have sailed with you , I have saved all the wages that you have paid.

Avoiding taverns and the alluring temptations of port that keep most on board weak and poor have helped make me financially strong.

“I have enough to purchase shares in a new vessel about to set sail for rich cargo in distant lands. With success, I shall gain sufficient wealth to purchase my own vessel and be a master like yourself.

“I ask your permission to sail with this vessel and have also favor to ask.”

Pleased with the young man, the master gave him leave and asked what favors he might need.

“Master,” the youth continued, “you always seem to know of great riches even before you set sail. Your ships cross the great waters safely and swiftly. Sir, please share with me these secrets that keep the wind full in your sails.”

The Captain leaned back, gazed over the calm Pacific as he quietly began to answer the young man.
“Son, you have worked earnestly and served me well. This tells me that the experiences will be good for you on the sea. I will speak of this knowledge though I do not share it easily as these lessons are meaningless for those who want the riches without the work.

“There are three lessons you must heed. The first is that a full wind singing in your sails is useless, even a dangerous siren, if you do not have a rudder that is well kept and attended by one who steers it true. The currents and winds on the seas are strong. Treachery is their nature and they feast on those who desire speed without control. This first lesson tells us that correct steering is more important than speed. Have a strong rudder and use it with great care.”

The old Captain then stood and walked to the water’s edge, recalling many memories as he continued. “But steering is useless without direction. Your rudder is large and your sextant small, but without good navigation you’ll travel to the wrong shores. The second lesson is to pay great attention to celestial beings. Only forces greater than ourselves lead us the correct way. Without them you cannot know where to go or where you have been. You may gain great speed but you will surely be lost.

“Finally,” the Captain sighed as he returned to his seat, “you must have a sturdy anchor and stout line.” Even the best voyage has times when skies are not clear. Then you must have a steady anchor that in times of uncertainty gives you a steady hold.

“These are the three secrets that have served me well. Follow the heavens. Steer correctly. Then look for strong winds to increase your speed. When good conditions are not present, rely on your anchor. Do not be afraid to wait.

“Now go my son and may the winds be with you!”

The young man left and sailed on his new vessel the very next morn.

Soon after the master set sail himself, found more treasure and returned many months later his ships heavy with silver and gold. As his vessel returned to port Turth saw the young apprentice standing shipside, looking bedraggled and poor.

“My master,” said the youth as the Captain disembarked, “I have waited long for your return as I seek employment on your vessel again. Our ship left port with a sturdy rudder, good sextant and anchor, but less than a week from this port we were caught in an unexpected, fierce storm. We floundered in hurricane winds and raging seas. All was lost. I still wish to become my own master, but must start at the beginning again. Can you give me work and more training to help me avoid such storms?”

To learn the master’s reply, go to Part Two


How We Can Serve You

How to Have Real Safety in 2020

The most important investment you can make in 2020, is in yourself. 

Invest in more time.  Invest in less stress. Invest in greater security.That’s why four years ago we created the Purposeful Investing Course (PI) because when it comes to finances, there are only three reasons why we should invest.  We invest for income.  We invest to resell our investments for more than we had invested.  We invest to make our world a better place.

We should not invest for fun, excitement or to get rich quick, or in a panic due to market corrections.

The core model portfolio we teach in the PI Course rarely changes, but is highly diversified in thousands of shares around the world… so there is higher long term profits, less stress and greater safety.

The portfolio consists of 19 country ETFs.  During the four years since we created the Purposeful Investing Course and set up a $40,000 real time portfolio at Motif Brokers, we have held the same 19 shares and have only traded three times.

The portfolio started with $40,000 and has risen to $53,591 ($49,015 in shares and the balance in accumulated cash).

The portfolio did really well from 2015 to 2018, better than the DJI Index.  Then as the US dollar grew in strength it fell behind.

The chart below shows the actual results of thos portfolio compared with the S&P 500.



This good value portfolio above is based entirely on good value financial information and mathematically based safety programs developed around investing models that date back 91 and 24 years.

The Pifolio is a theoretical portfolio of MSCI Country Benchmark Index ETFs that cover all the good value markets developed combining my 50 years of investing experience with study of the mathematical market value analysis of Keppler Asset Management.

In my opinion, Keppler is one of the best market statisticians in the world.  Numerous very large fund managers, such as State Street Global Advisers, use his analysis to manage over $2.5 billion of funds.

The Pifolio analysis begins with Keppler who continually researches international major stock markets and compares their value based on current book to price, cash flow to price, earnings to price, average dividend yield, return on equity and cash flow return.  He compares each major stock market’s history.

Fwd: keppler

Michael Kepler CEO Keppler Asset Management.

Michael is a brilliant mathematician.  We have tracked his analysis for over 20 years.   He continually researches international major stock markets and compares their value based on current book to price, cash flow to price, earnings to price, average dividend yield, return on equity and cash flow return.  He compares each stock market’s history.  From this, he develops his Good Value Stock Market Strategy and rates each market as a Buy, Neutral or Sell market.  His analysis is rational, mathematical and does not cause worry about short term ups and downs.  Keppler’s strategy is to diversify into an equally weighted portfolio of the MSCI Indices of each BUY market.

This is an easy, simple and effective approach to zeroing in on value because little time, management and guesswork is required.  You are investing in a diversified portfolio of good value indices.

A BUY rating for an index does NOT imply that any stock in that country is an attractive investment, so you do not have to spend hours of research aimed at picking specific shares.  It is not appropriate or enough to instruct a stockbroker to simply select stocks in the BUY rated countries.  Investing in the index is like investing in all the shares in the index.  You save time because all you have to do is invest in the ETF to gain the profit potential of the entire market.

To achieve this goal of diversification the Pifolio consists of Country Index ETFs.

Country Index ETFs are similar to an index mutual fund but are shares normally traded on a major stock exchange that tracks an index of shares in a specific country.  ETFs do not try to beat the index they represent.  The management is passive and tries to emulate the performance of the index.

A country ETF provides diversification into a basket of equities in the country covered.  The expense ratios for most ETFs are lower than those of the average mutual fund as well so such ETFs provide diversification and cost efficiency.

Here is the Pifolio I personally use.

70% is diversified into Keppler’s good value (BUY rated) developed markets: Australia, Austria, France, Canada, Germany, Hong Kong, Italy, Japan, Norway, Spain, Singapore and the United Kingdom.

30% of the Pifolio is invested in Keppler’s good value (BUY rated) emerging markets: Brazil, Chile, China, Colombia, the Czech Republic, South Korea, Malaysia and Taiwan.

The Pifolio consists of iShares ETFs that invested in each of the MSCI indicies of theseall good value BUY markets.

For example, the iShares MSCI Australia (symbol EWA) is a Country Index ETF that tracks the investment results the Morgan Stanley Capital Index MSCI Australia Index which is composed mainly of large cap and small cap stocks traded primarily on the Australian Stock Exchange mainly of companies in consumer staples, financials and materials. This ETF is non-diversified outside of Australia.

iShares is owned by Black Rock, Inc. the world’s largest asset manager with over $4 trillion in assets under management.

The fact that the Pifilios are invested in all the shares of the MSCI Index in each good value market reduces long term risk.

When the US stock market bull ends, know one knows for sure how long or how severe the correction will be.

When the bear arrives, what will happen to global and especially good value markets?

No  one knows the answer to this question.

What we do know is that the equally weighted, good value market Pifolios have the greatest potential long term and that math based trailing stops can be used to protect against a secular global stock market correction when it comes.

My fifty years of global investing experience helps take advantage of numerous long term cycles that are part of the universal math that affects all investments.

What you get when you subscribe to Pi.

You immediately receive a 120 page basic training course that teaches the Pi Strategy.   You learn all the Pi strategies, what they are, how to use them and what each can do for you, your lifestyle and investing.

You also begin receiving regular emailed Pifiolio updates and online access to all the Pifolio updates of the last four years.  Each update examines the current activity in a Pifolio, how it is changing, why and how the changes might help your investing or not.

Included in the basic training is an additional 120 page PDF value analysis of 46 stock markets (23 developed markets and 23 emerging stock markets).  This analysis looks at the price to book, price to earnings, average yield and much more.

You also receive two special reports.

In the 1980s, a remarkable set of two economic circumstances helped anyone who spotted them become remarkably rich.  Some of my readers made enough to retire.  Others picked up 50% currency gains.  Then the cycle ended.  Warren Buffett explained the importance of this ending in a 1999 Fortune magazine interview.  He said:  Let me summarize what I’ve been saying about the stock market: I think it’s very hard to come up with a persuasive case that equities will over the next 17 years perform anything like—anything like—they’ve performed in the past 17!

I did well then, but always thought, “I should have invested more!”  Now those circumstances have come together and I am investing in them again.

The circumstances that created fortunes 30 years ago were an overvalued US market (compared to global markets) and an overvalued US dollar.  The two conditions are in place again!

30 years ago, the US dollar rose along with Wall Street.  Profits came quickly over three years.  Then the dollar dropped like a stone, by 51%  in just two years.  A repeat of this pattern is growing and could create up to 50% extra profit if we start using strong dollars to accumulate good value stock market ETFs in other currencies.

This is the most exciting opportunity I have seen since we started sending our reports on international investing ideas more than three decades ago.  The trends are so clear that I have created a short, but powerful report “Three Currency Patterns for 50% Profits or More.”   This report shows how to earn an extra 50% from currency shifts with even small investments.  I kept the report short and simple, but included links to 153 pages of  Good Value Stock Market research and Asset Allocation Analysis.

The report shows 20 good value investments and a really powerful tactic that shows the most effective and least expensive way to accumulate these bargains in large or even very small amounts (less than $5,000).  There is extra profit potential of at least 50% so the report is worth a lot.

This report sells for $29.95 but in this special offer, you receive the report, “Three Currency Patterns for 50% Profits or More” FREE when you subscribe to Pi.

Plus get the $39.95 report “The Silver Dip” free.

With investors watching global stock markets bounce up and down, many missed two really important profit generating events over the last two years.  The price of silver dipped below $14 an ounce as did shares of the iShares Silver ETF (SLV).   The second event is that the silver gold ratio hit 80, compared to a ratio of 230 only two years before.

In September 2015, I prepared a special report “Silver Dip 2015” about a silver speculation, leveraged with a British pound loan, that could increase the returns in a safe portfolio by as much as eight times.  The tactics described in that report generated 62.48% profit in just nine months.

I have updated this report and “Silver Dip” report shares the latest in a series of long term lessons gained through 40 years of speculating and investing in precious metals.  I released the 2015 report, when the gold silver ratio slipped to 80.  The ratio has corrected and that profit has been taken and now a new precious metals dip has emerged.

I have prepared a new special report “Silver Dip” about a leveraged speculation that can increase the returns in a safe portfolio by as much as eight times.

You also learn from the Value Investing Seminar, our premier course, that we have been conducting for over 30 years.  Tens of thousands of delegates have paid up to $999 to attend.  Now you can join the seminar online FREE in this special offer.

This three day course is available in sessions that are 10 to 20 minutes long for easy, convenient learning.   You can listen to each session any time and as often as you desire.

The sooner you hear what I have to say about current markets, the better you’ll be able to cash in on perhaps the best investing opportunity since 1982.


Tens of thousands have paid up to $999 to attend.

In 2020 I celebrate my 54th anniversary in the investing business and 52nd year of writing about global investing.  Our reports and seminars have helped readers have better lives, with less stress yet make fortunes during up and down markets for decades.  This information is invaluable to investors large and small because even small amounts can easily be invested in the good value shares we cover in our seminar.

In this special offer, you can get this online seminar FREE when you subscribe to our Personal Investing Course.

Triple Guarantee

Enroll in Pi.  Get the basic training, the 46 market value report, access to all the updates of the past two years, the two reports and the Value Investing Seminar right away. 

#1:  I guarantee you’ll learn ideas about investing that are unique and can reduce stress as they help you enhance your profits through slow, worry free, easy diversified investing.

If you are not totally happy, simply let me know.

#2:  I guarantee you can cancel your subscription within 60 days and I’ll refund your subscription fee in full, no questions asked.

#3:  You can keep the two reports and Value Investing Seminar as my thanks for trying.

You have nothing to lose except the fear.   You gain the ultimate form of financial security as you reduce risk and increase profit potential.

Subscribe to Pi now, get the 130 page basic training, the 120 page 46 market value analysis, access to over 100 previous Pifolio updates, the “Silver Dip” and “Three Currency Patterns For 50% Profits or More” reports, and value investment seminar, plus begin receiving regular Pifolio updates throughout the year.

Subscribe to a Pi annual subscription for $197 and receive all the above.


Read the entire article 99 Weeks Later, Jobless Have Only Desperation