(Recorded on 11/19/24) In Module 5, learn how to harness the power of Average True Range (ATR) to improve your day trading success. You’ll discover what ATR is, how to calculate and add it to your stock charts, and how to set profit targets and stop losses using...
On this edition of FTMWeekly, Jerry Robinson shares a recent conversation he had on another podcast where he shares the basics of achieving financial security. Later in the program, you will get an update on precious metals and finally, Jerry Robinson provides his comments on the Charleston massacre.
Today’s Transcript
Mark: We’ve got a bestselling author of the book, Bankruptcy of Our Nation: Your Financial Survival Guide. He is frequently quoted by the mainstream media, the topic of money, geopolitics, and economy. He has appeared on Fox News, the Blaze, and has been quoted as an economic authority by – you may have heard of this little rag in USA Today, Time Magazine and many others but this is probably going to be the most prestigious media outlet that he’s been on.
Jerry Robinson, welcome to the Best Passive Income Model Podcast. How are you Jerry?
Jerry: Thank you so much. I’m great. Thank you, Mark.
Mark: Great, great. OK. So Jerry, let’s just skip the pleasantries. What’s going on here with everything that you’re doing at FTMDaily.com and money and economics and financial survival guide? How did you even get to the point where you thought to yourself, “People need help with this.”?
Jerry: That’s a great question. You know what? Whenever I was going to college, I decided to study economics. I started late in life. I went back to college a little later in my life and got an economics degree. And it was just after 2001, just after the major September 11th and that was a paradigm shift for me. I realized that I had to figure out what was going on. And the more that I studied about what was happening to our nation, the more I realized that what we really had here was a financial issue. It was a money issue.
And I also noticed that you couldn’t really trust what the politicians were saying about anything. You really had to pay attention to what they were doing. And that’s where we came up with the name Follow the Money. We decided to create an organization that would help the average individual out there kind of get their arms around what’s really happening but not through the paradigm of the corporate control media.
There are so much out there that we hear that’s conflicting and oftentimes, it’s designed to benefit corporations, that news is but it’s usually not designed to help the average middle class American out there who is working hard trying to pay his bills and trying to get ahead financially. Usually, the bankers are teaching the average American today about money, and that’s so unfortunate because we really don’t get a good financial education in high school. We certainly don’t get one in college.
And so by the time we get out into the workforce, we find that the banks really end up the financial institutions, become the financial educators. And this is an area that I’m pretty passionate about. I feel like there’s a tremendous lack of financial education and we created our website to kind of fill that gap as much as we possibly could.
Mark: That’s fantastic. You what’s interesting that you said, it’s about the media and getting your information from the banks, like I’ll be reading in these magazines, and Jerry, I don’t know about you but like I’ll start reading what I think is an article, I think it’s an unbiased informational article and it’s not. It’s an ad. It’s almost like the news and editorial content has become blurred and you don’t know what is what.
Jerry: Yes, it’s very common. In fact, when you look at our news story today, many times what you’re staring at is a PR release, in fact, majority of the time. And oftentimes especially with different companies, you’ll see all these stories that are considered news of the day and it has all of these corporate names attached to it. And typically, this is all PR. And we’re told that’s what the news was that day and that’s what we need to pay attention to.
Well obviously, that is a forming and a fashioning of the American mindset and that mindset has driven us to poverty. It has driven the average American family into a place of economic despondency where tremendous amount of people live paycheck to paycheck. They have no savings and yet, they are maxing out their 401Ks oftentimes which are completely all liquid and are completely government-controlled.
And then they also typically have their own home but they usually don’t have much more than that. And unfortunately, if you don’t play the tax code up for its benefits, that particular lifestyle, the house and the 401k and the W2 income, that really gets you in trouble. You end up paying a tremendous amount of taxes as opposed to somebody who massages a little bit tax code. And unfortunately, that’s how our tax code is set up. It’s set up to benefit those who know the rules of the game.
Mark: Yeah. It’s so funny because when I actually would interview my CPA, I would say, “Let’s make this very clear. You’re working for me, not the IRS. OK? And I don’t care if you don’t want to take a risk of audit.” And he’ll be like, “OK, now we see eye to eye.” Do you notice that a lot that your average CPA really is working for the IRS and not their client?
Jerry: Oh sure. It’s a common problem. And it’s difficult to find. It’s not that they’re not out there. There is a lot of great CPAs out there but many of them, you’re right, are kind of in that button-pushing mode where they literally just – it’s all about volume and it’s not so much about that one-on-one. But you have to pay for that. That’s not free.
Mark: No, it’s not free.
Jerry: You can certainly go down to the Walmart and get your H&R Block tax refund super quick. But if you’re looking for one of those guys who takes time with you that can cost money. There’s no doubt about it. But there are some really great guys out there.
Mark: Yeah, yeah. OK. So let’s get back to just the financial basics. So Jerry, I’ve got three kids. My oldest is 14. And so, let’s say for example, he gets out of college and let’s assume that he says to me, “Hey dad, I want to get a good job and I want to buy a house and I want to buy a pretty cool car and I want to get some credit cards to do all these things.” And then I say, “Wait. Wait a second, Noah. You got to – let’s talk to Uncle Jerry first.” Uncle Jerry, what’s your advice to my son?
Jerry: Well, that’s a great question. I like that. That’s very – and I tell you, that’s exactly what we need more Uncle Jerrys out there. We need more people out there who educating those kids on what to do. We get a lot of questions about that here in our website. Now, I’m awake. Now, I’m doing all I can. But how do I tell my kid what I’ve come to understand?
Mark: Right, right.
Jerry: And part of the revelation is, is that we are living as the name of the book, Bankruptcy of Our Nation, it’s so funny that when this book was published originally back in 2008 I believe. When it first came out, the publisher was shy to say Bankruptcy of America because we were still right at the cusp with that crisis and they literally didn’t want to put that word on there. And of course now, there are worst titles than mine. Bankruptcy of Our Nation is tamed compared with some of the titles that I’ve seen since.
Mark: Right.
Jerry: And it shows you the paradigm shift that has occurred in our mentality. But really, what people have come to realize is the fact that we are completely bankrupt because our liabilities exceed our assets on our National Federal level.
Now, the concern about that for the average person who is listening to this podcast and to your son is that how do you break free from that. Well, it’s extremely difficult to break free from it whenever you’re an American citizen because you’re on the hook. Obama doesn’t know that $18 trillion in national debt. You do. I do. Your son does. We’re all on the hook for that.
Mark: Right, grandchildren and my grand, grandchildren.
Jerry: And your horse and even more so. Absolutely. And so, it’s a terrible tragedy where we find ourselves. I’ve often likened it to walking into a restaurant, 5-star restaurant ordering the steak, ordering the lobster, getting a fine slice of cheesecake at the end with the Cognac to wash it down and then saying, “Let’s charge that to my unborn grandson’s bill.” Well, that’s in essence kind of what has happened here. And there’s nothing wrong with people receiving benefits from the government that they paid in for. Of course, there’s nothing wrong with any of that. But the problem is, is that it’s just unsustainable. It’s not going to last.
And so, the people who are not going to fair well are going to be people like your son in that illustration who are intense upon consuming and who don’t understand the value of producing. And I think that’s the biggest issues that I’ve seen certainly over the years as I’ve coached people is that there needs to be a shift in the mindset from a consumer to a producer.
A perfect example, a lot of times I’ll be up late at night and I’ll turn the TV on and I’ll see an infomercial. I love infomercials not because they force me to whip my credit card out although they probably could if they were smart enough.
Mark: Right.
Jerry: But the truth of the matter is, is I like to learn the secrets of the marketers. To the producer, there’s a ton of value there. But to the consumer, the consumer has to turn those off otherwise he might unfortunately give his credit card away over the phone.
Mark: Sure.
Jerry: And so, as a producer, we want to begin to think like a producer. We want to begin to think like a producer. And that’s how we break free from what I called the consumption trap. And somebody who is young and just getting started out, that is so vital that they come to realize the need for being a producer and not just a consumer.
Mark: Right, right. I mean these kids need to learn from day one, you’re going to have to solve interesting problems and you have to be creative and you have to add value wherever you go. Like I would not have any problem with my children getting a job so they could learn skills but eventually, kind of having an entrepreneurial mindset that that, “I’m going to have to start doing this for myself at some point and leveraging my own time and not trading dollars for hours myself because that just would not scale.” Right?
Jerry: Absolutely. Yeah, we fully agree with that. And in fact, one of the things that we talk about in the book, Bankruptcy of Our Nation and also on our website is this need to develop diversification in our income sources. Most people know you got to diversify your investments. I think they know that. We talk about diversifying your savings as well among thirds. We actually take six months liquidity. We keep it at all times in addition to our investments. And that’s just our savings. That’s our opportunity pool of capital for maybe for a real estate deal and maybe it’s for an emergency that arises.
But it’s an opportunity pool of capital. And we keep that six months liquid money, that dry powder always available but we diversify it. We don’t just throw it in the bank. We take it and we put one third into US dollar denominated assets. We take another third and throw it into precious metals. And then we take another third and we throw it into foreign currencies.
Mark: Whoa, whoa Jerry! Why precious metals? Why foreign currencies?
Jerry: Yeah. But the reason is, is that we’ve done a back study on this for about almost 30 years now and it’s amazing how diversifying your savings creates a tremendous amount of return. And that’s not really the intention of the diversification. The diversification is intended to protect against erosion through inflation and things of this nature.
But by diversifying your money that way, it actually over a long period of time and even brief periods of time with a few exceptions ends up returning much better than a regular savings account or a three-month T-bill or whatever the current non-risk rate is.
Mark: Right, right. OK. That makes sense. That makes sense. But why say precious metals or foreign currencies versus some of the asset class?
Jerry: Strategically because they provide the protection against the erosion through inflation. So foreign currencies, if the dollar goes down, it goes down in relationship to another currency. If it goes up, it goes up in relation to another currency. So typically, if the dollar is going down then by owning some foreign currencies, you’ve hedged yourself against that. Additionally, by having the precious metals, it does the same thing. So there’s somewhat inversed in that relationship.
But again, we have the whole study in our book. It shows going back. That may sound bizarre as a diversification of savings but it is unique but it is also very powerful as the data shows.
Now the other thing that we do is we talk about income diversification. So not only do you want to have multiple investments, multiple places for your savings but in addition to that, we want to have multiple streams of income. This has been talked about before in the past. A lot of people have preceded me in this and many others. But the topic that we want to talk about there is we want to talk about all of these different income streams that people can create both now and in retirement.
And in the book, we list 22 different income streams that people can create both now and in retirement. And then on our website, we go into each one of them in great detail with videos and special reports and PDFs. But the average person today, Mark, the average American family has three income streams. Whenever they retire, the average retiree has two income streams by themselves. So, a family of two would have four income streams.
Mark: Right.
Jerry: But in reality, there are so many different income streams that can be created of course through real estate. You could develop multiple streams of income. But there are even other ideas. And so, what we’re trying to do in the book is provoke people to thoughts and challenge them to think outside the box about what can I do in addition to this job and maybe a part-time job? What else could I do to earn more money? And that’s what we talk about in the book.
Mark: That’s interesting. So without getting too much of the detail about the 22 different ways to diversify multiple income streams, because today, there are so many easy ways to start making money and diversifying just with technology. Right?
Jerry: Oh heavens, yes.
Mark: I mean it’s unbelievable. So it has never been easier or less expensive than it is today. So I’m just curious. If I only had to pick three and now for me, obviously real estates could be one of them. So if I only had to pick two, what would be your two other favorite multiple streams of income just generally speaking? It may not be your favorite but what do you see as something that’s attainable for most people?
Jerry: I think for most people, there is a few. One of the things that I’ve been doing now for many years, probably since the late ‘90s at least, is I trade ATFs. I trade indexes or I’ll trade the S&P 500 for example. I’ll trade options. And over time, I’ve built a system on how to trade. And now, we have many subscribers. We have a nice trading community.
And so, trading is something that many people can learn. It’s a skill. It’s what we call the trade of trading.
Mark: Right.
Jerry: And it’s not something that – trading has such a terrible reputation even as some real estate things do because you get these wrong kind of people who begin selling it and it becomes viewed as extremely risky and this is not for me. Well, the truth of the matter is, is that trading goes back thousands of years. It’s a very common practice.
Yes, the markets are rigged in many ways. You have to be extremely careful with what you’re doing. But trading has been one of my favorite income streams for sure. And I have been able to leverage that into a consistent income stream over the years and it’s one of my favorite because it can be done anywhere in the world as long as I have internet connection.
Mark: Right.
Jerry: The other I’d say, two more income streams that I really like, one is referral income. Referral income is so powerful. I tell you what I did. And you can do this in any city. In the city that I was living in, I had started a service business and I had found a local company in the city, in the city of Houston. I found a local company who was willing to take our business if we send it to them.
So there is a local service company. They fix appliances. And I had arrangement. I arranged a meeting with the head of the company and said, “Look, I will drive business to you and in exchange, I want to share the revenue.” And this person said, “You know what? We’re paying like $1,000 or $1,500 a month right now for our SEO guy and all of our internet team. Let’s try this and there’s no risk.”
So we went ahead and we built a website in that city and we began to drive traffic to him and began to drive him calls and he began sharing with us 50-50. It was a very sweet deal for us.
Mark: Right, right. And you know what’s so funny Jerry is when you say, “I built a website,” you’re going to need to do that. I mean that’s like a $5 thing now. Anyone can make a website.
Jerry: Anybody. Exactly. You got to know a little bit of SEO and of course that’s what it took to get to the top of – now, we’re on the first page of Google toward the very top and we’re driving lots of leads to him. And every single month, our checks show up. And I thought to myself, “This is Houston. Now, I can go to Dallas. Now, I can go to Austin. Now, I can go to St. Louis.”
And so literally – and that’s just one service business. I mean how many different income streams can you create? There’s so much money falling around outside right now. It’s unbelievable. So the average person out there has a great opportunity.
And then the final thing I would say is the online version of that is affiliate marketing. And that’s something that we’ve done really well at over the years and that’s something we also teach in our Income University is how to go out. Many people; don’t know that companies like Amazon will actually allow you to get a cut of the revenue if you refer somebody to their website.
And so, there are ways to build a website in such a ways where it gets lots of traffic from Google and every time somebody clicks on a link on that website, they search onward on Google, they come to your site, they click that link. And if they go through to Amazon, anything they buy at Amazon at that session is yours to keep. You get 6% of it, 5%, 4%, whatever the case might be.
Mark: Right.
Jerry: But that can really add up. How many of those little websites or how many of those little webpages could you build?
Mark: Yeah.
Jerry: So, that’s the kind of stuff we talk about in our website and in our book.
Mark: That’s fantastic. I actually heard of somebody – I don’t know if you’ve heard about this but somebody, they go on Amazon, they have their own affiliate link. They buy as an affiliate for themselves so they get their own affiliate commission. So they’re buying a product at a discount and they’ve done some research and noticed that there’s a spread. Let’s say, a $50, a $100 spread between what Amazon sells the product for and what eBay sells the product for. And so, they will just buy it on Amazon and somehow, they don’t even touch the product and then they sell it on eBay and then Amazon ships it to them. Have you heard about this?
Jerry: Yeah, it’s crazy. Well, yeah. And it’s one of these amazing discrepancies that are in the market for opportunities for over charge.
Mark: Yes, market inefficiencies. Right.
Jerry: Yeah.
Mark: Yeah.
Jerry: There are so many of those. In fact, we’ve been able to exploit several of those. And that’s – to me, that’s why I’m so positive about the state of the economy. I’m not positive about the state of the US economy. I’m positive about the state of the Robinson economy. I know that I’m going to be able to go out and I’m going to be able to make money no matter what city I’m in because I’ve learned the lesson that I need to learn. And I’m always learning. So you never stop but you do have to gain some knowledge to get there. And I think the folks listening to this program are in search of that kind of wisdom and knowledge.
Mark: Yeah, absolutely. And typically, it’s not even a knowledge gap. It’s an execution gap.
Jerry: That’s so true.
Mark: Yeah. And so – and it kind of comes back down to mindset. So how does Jerry Robinson get it through to somebody like let’s say, my son, who might be gripped in 18 years of a fear-based education from the system that has only kind of taught him follow directions and we’ll reward you.
Now, you’re going out into the real world and that doesn’t work anymore. So how does Uncle Jerry break through this kid’s mind and get him to see things in a different way and have this different mentality where, ‘OK, I understand what Uncle Jerry is saying. I get it. But how do I execute on that? And how do I have the will to execute on that?”
Jerry: You have to model it is really what you have to do. You have to model it. You can tell the kid over and over again but he’s going to do what he sees. And if we’re modeling for our children something good and valuable, then they’re going to mimic that. That’s just how it is. And so, what I would model for the child will be this. I will say basically first of all, I’m not going to be a hypocrite. If I want my child not to go out and blow all this money at the end of every paycheck then I would not live paycheck to paycheck. I’ll show my son the importance and the merit of saving money and I’ll let him see me doing that on a regular basis.
And then I’ll also teach the child the importance of not consumption. That’s not what defines our family. That’s not what defines our thinking. Instead, we want to produce. We want to create value. And that may sound difficult to inculcate in a child but one way you can do that is by growing your garden. One way you can do that is by – like we just actually bought a place out in the country now where we have a nice spread out here, some acreage. We built a nice big garden and we’re teaching our son this is where food comes from.
I saw a PBS documentary not too long ago where they were interviewing people on the street asking them where food came from. And one of the participants said that it came from the grocery store.
Mark: Right.
Jerry: They really thought the grocery store made the food in the back and just brought it out on the shelves. I mean this is – but this is the Rihanna and this is the Britney Spears generation. This is what they – this is their level of thinking in many ways. They have no clue how to feed themselves.
There have been reports lately that if our entire nation were to lose power, which there is a fear of this, a total blackout across the nation. There was even a National Geographic documentary about the potential of this due to cyber terrorism.
Mark: Right.
Jerry: But not that – and this may sound like a fear-mongering statistics. This is straight from the government. They said that 90% of Americans would be dead within 12 months and that the reason being is because we are so used to all the creature comforts that we have today. We have no clue how to feed ourselves. We have no clue how to keep ourselves warm or how to keep ourselves cool.
So, we’re awfully unprepared for something like that. And I think that right there even though that is something very extreme, that reveals something about our economic character. It reveals something about our economic nature that we have lost the ability to make anything. We’ve lost the ability to produce anything. And instead, we simply choose to specialize in consumption and that is the short ticket to the poor house.
Mark: Right, right. I mean made in China is a real thing, right? I mean if you look around everywhere, this country doesn’t make anything anymore. We don’t manufacture anymore. Now, I think that’s going to change, Jerry, with 3D printing. I think we’re all going to become manufacturers at some point in time. What do you think about that?
Jerry: Very possibly. And 3D printing is unbelievable. I mean just the technology that is coming out. And of course not just that but also the robotics that we see on the way, of course all of the different technologies, the solar power that we see. I mean I think this world is going to look a whole lot different. I mean tremendously different 20, 30, 40 years from now than we can even begin to fathom because all of these systems are now in their infancy and we have all of these new drugs that are coming online, all these medical advances.
And I tell you that’s another reason why we should say, I got to use this maybe as a point of encouragement for the audience to save money. Imagine if you get to that old age and Alzheimer’s runs in my family for example. It’s a tragedy and I hate that disease. What if they developed a miracle drug for that and it was going to cost $200,000? And what if I could not afford that? What if I get to the end of my life and I’ve blown all of my money on all of these things that I don’t even know what they are anymore and then yet when I need money the most, I don’t have it?
It’s important for us to realize that there are going to be things like that in the future. There is going to be inflation in the future. There is going to be higher taxation in the future. All of these erosions on our money, and that’s why it’s so important for us to be taking action now and saving, investing in ourselves, creating multiple streams of income and to get that process going and keep it going and make that our mission while we still can because eventually, we’ll come to a place where we’ll need to begin dipping into that money.
And the majority of people today have very little saved for retirement. So when they reached retirement, they’re going to be dependent upon a bankrupt government and very angry taxpayers who are burden with excessive taxes.
Mark: Yeah. Boy, I hope you’re wrong. But you’re probably right.
Jerry: It’s just math.
Mark: Yeah, it’s just math. All right, Jerry, we’re at that point in the podcast now where I’m going to explain to you my business model and I guarantee on the next version of Bankruptcy of Our Nation: Your Financial Survival Guide, there will be a chapter on this because you’re going to love it so much. All right. This is what I do.
I buy and sell raw land. OK? My average return on a cash flip is 300% and on a note, the passive income, it’s a thousand percent. So how do I do this? I go after people who live out of state and owe back taxes and I send them a low, lowball offer on their property. Because they owe back taxes, they’re already advertising to the world that they’re either distressed or they no longer want this property. So a percentage of those come back accepted.
We then quickly sell those properties on either – one of my favorite ways, let’s just say the note, right? So it’s a one-time sale. We usually get our money out on the down payment. And then we have a promissory note on a land contract and they make monthly payments month after month after month at let’s say between 9% and 12% interest.
And so basically, I’ve created a passive income stream without a renter, without repairs, without renovations. It’s migraine-free real estate investing. You don’t turn on TV and see flip this land so we’re at a non-competitive niche. Jerry Robinson, do I have the best passive income model?
Jerry: It sounds very attractive. I’d love to dig down deep into it. But I love how it sounds. Now tell me, how much do you typically put out on a deal like this? Like your listeners who may want to follow your advice, how much do they need to get started?
Mark: And this is the greatest part about it is you don’t need any money to get started because it’s so non-competitive, you’re distressed Jerry, basically if I can afford the postage to send you an offer, that’s really all I need because you say, “Yeah, I want to sell my property.” I say, “Great! I’m going to close this in 90 days on an option.” So I’m going to option the property.
Jerry: Oh, OK. Yeah.
Mark: So you say, “OK, great.” Because there’s no one behind me and you’re not in a hurry for the money, so 90 days …
Jerry: So you’re using land options. Got it. OK.
Mark: Correct, correct. So we can lock up big tracks of property for almost nothing.
Jerry: That’s very interesting. I like it. I like it.
Mark: Yeah. But Jerry, is it the best passive income model?
Jerry: Gosh! That’s a really hard thing to say. I have some that I think are pretty darn good myself.
Mark: OK. Well, we’ll have to argue about that. Absolutely.
Jerry: Very good though. I do like it.
Mark: All right. Fantastic. Well now, I’m going to put you on the spot and I’m going to ask you for your tip of the week so the Best Passive Income Model listeners can go somewhere right now, a website, a resource, a book, something they can take action on right now to improve their businesses or improve their lives. What do you got?
Jerry: OK. Wow! Well, this is perfect. We actually have a free tutorial on our website. It doesn’t require anything at all. Just go to our website. It doesn’t cost anything. Just go to our website at FTMDaily.com/fivelevels, and you spell the word five or just type the number five. It doesn’t matter, five levels. And there, they’re going to find an introduction to our five levels of financial freedom. My wife and I built our businesses from the ground up. We didn’t have a silver spoon in our mouth. We didn’t reach our place with really any help. We did it all on our own.
And what we did is we created five levels of financial freedom to kind of show how we did it, what did we do. And this is an exact replica process of what we did. And what we did was we went back and we changed all of the things that we know now what we would have done. And so, it’s a really great resource for people. It’s free. They can go to level one, level two, level three, level four, level five.
And I think many people are surprised to find out where they are. Many people may think they’re level three. They may think they’re level five. Then they get to the resource and they began going through and they say, “Wow! There are quite a few holes I have here in my financial plan that I need to fill.” So I think at the worst case scenario, people will be greatly challenged by reading through this. And the best case scenario, people are actually going to have their lives transformed because the information we’re putting out has that kind of power. I mean these financial principles are timeless. They’re not things that are not proven through time.
Mark: Right.
Jerry: So I would say this is what to do. I would take action right now and just go and begin reading through, watching the videos, begin learning, stepping yourself in this information and understanding and contact us if they have any questions. We’re here to help.
Mark: All right, great. Well, my tip of the week is going to be a little bit different because mine is not free but just as valuable. I’m going to send people to Jerry’s Gold member Membership Crisis Investing newsletter. It’s a monthly newsletter. And Jerry, can you kind of – I’m not going to do justice. Can you kind of explain it?
Jerry: Oh, of course, yeah. Actually, it’s a quarterly newsletter.
Mark: It’s a quarterly newsletter, I’m sorry.
Jerry: No, it’s OK. We put it out every single quarter. We actually give folks a lot of great information. We basically have our Income University there, so all 22 income streams, videos, special records, PDFs, downloads, all that is available. You get access to all 22 income streams. You’ll get a monthly conference call with me where we’ll talk about an income idea and an investment idea every single month. And you know what? Many of these income ideas and investment ideas have made differences in people’s lives. And that’s what we’re here for. We’re here to challenge people to really make a difference in their lives.
The best thing that I can hear is somebody contacting us and saying, “Jerry, we implemented this idea and now, we’re getting some sort of return on it or now we have a new income stream.” These are the best stories. And so, they get access to our conference call.
And we also put out a daily trading idea because I love to trade and I’m always trading. I want to share my best trading idea with our audience every single day. Some people will trade it, some people would not. But at least, it’s there. And if you want to learn how to trade, you can learn by looking up on my shoulder.
We also provide a very powerful stock market barometer. People – almost everybody has some money, maybe in a 401k or an IRA and if you don’t want to suit to the very next downturn, our market barometer sends out a real-time text and email alert every time the overall trend in the market changes.
So for example, back in December of 2007, all of our subscribers receive an email and a text alert telling them that we were exiting the market. That of course was perfect time. And then they also got an email in 2009, it was December of 2009 when we reentered the market. And so, that’s a very powerful service. But it helps you stay on the right side of the market.
So if you have an IRA and maybe you’re looking at this market and you say, “Man, I’ve missed six years of gains.” Well, had you had our market barometer, you would have known that it was time to get back into the market back in 2009. And of course, I believe we’re coming up on a time period where we’re going to see this market begin to dip and we’ll send out an email alert for that whenever that time.
But anyway, they get a lot of things like that. They can find out more about it I guess on a link on your website there, Mark.
Mark: All right, great. Great. Well Jerry, are we good?
Jerry: Absolutely.
Mark: All right, great. Well, I want to thank you for coming on the Best Passive Income Model podcast.
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