Archive Category: Green Zone Fortunes Updates

No bones about it … 2022 has not been a fun year to be an investor. The S&P 500 topped out the first week of January, and it’s been downhill ever since, with the index now 22% off its highs. Aggressive investors have it even worse. Anyone who piled in to the once highly fashionable ARK Innovation ETF (NYSE: ARKK) is down 62% this year! Even so-called “conservative” investors are sucking wind. Wall Street’s beloved “60/40 portfolio” (60% stocks, 40% bonds) is down 26% … its worst performance in over 50 years. In short, 2022 is almost sure to go down in the history books as one of the worst years ever.

A New York Times survey found that 63% of physicians showed objective symptoms of burnout and 70% were unsatisfied with their work-life balance. It’s not hard to deduce why. Even doctors that were nowhere near the ICUs or emergency rooms had to deal with strict health protocols. Besides added stress in a strange and unknown new world, they had to face their patients’ stress and often became punching bags for their frustrations. Long hours no doubt affected their family lives, and the experience has left many doctors with post-traumatic stress disorder! It’s not just doctors.

In this week’s video, I answer several of your questions ranging from Federal Reserve-backed cryptocurrency and buying puts to the real-life implementation of lithium batteries in an off-the-grid wildlife community in Mexico. I share how I see our Green Zone Fortunes portfolio adapting to a recession that could come as early as January 2023 — if it isn’t here already. I also explain why, despite being down since I recommended it, I don’t believe there is any cause for worry for Enterprise Product Partners (NYSE: EPD) even while the market circles the drain. A reader wrote in asking about buying puts in a down market. My answer to his question may help you understand why I am not a fan.

Bear markets don’t make investors money. Bull markets do. That’s why every Joe and his uncle can’t wait for the next bull market to begin. I’m right there with them … with you, that is! So even though I’m planning on a “longer and lower” bear market scenario … I’m also keeping an open mind to the possibility that the end of the bear market is coming sooner than later. My team and I remain committed to following our process regardless.

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