Kerry Lutz's--Financial Survival Network

Summary:
I sit down with Rick Rule to discuss metals prices, the issue of permitting, and the National Defense Authorization Act—all of which are throwing the economy/nation for a loop. We kick off by discussing Elon Musk and the Biden administration, and talk about what we can expect in the near future, and recap what’s been happening in the precious metals sector. Tune in for more insight.

Highlights
-What can we learn from Elon Musk? Rick admires his public utterances
-A proliferation of platforms owned by people with different points of view is the greatest freedom of speech we will ever have—giving value to Twitter
-Musk understands the latent values of social media that has the ability to monetize things
-Just because you have subsidies, doesn’t mean you’re going to be successful
-The Biden administration recently invoked the National Defense Authorization Act
-The Biden administration is concerned about the security of their material wealth

Useful Links:
Financial Survival Network
Rule Investment Media

Highlights:
-Markets are getting slammed again; what should we do in terms of alternative investing right now?
-Stefan got into alternative investing through website investing
-You can buy cash flowing websites for 3-5x annual profit
-Music rights are a great alternative investment class; streaming is incredibly consistent
-Under IRS rules, you can use cost recovery and get cash flow from day one
-flippa.com is a good place to start for buying/selling websites

Useful Links:
Financial Survival Network
Alts