Jim Fannin Blog

My great friend and client Bill King, who authors the King Report, has recently given me advice that is common sense. But he has given it to me in a way that got my attention. You see, Bill advises the best on Wall Street on what to do with their money. I have just learned, but always suspected, that what they do with their money is not what they tell us to do with ours.

The advice is:

1. Invest only in company stocks that have services or goods that Americans or the global community absolutely need. One of my best friends, Peter Fleming, recently met with a Brazilian gentleman who owns the majority of the shares of the Belgium company that just bought Budweiser. Bad times make Budweiser a great buy… people still drink. We need our beer when things are at their worst.
2. Investing in hard currency, such as silver or gold, is a good play. Investing in Euros and the Yen is also wise.
3. Next, have cash that you can survive on for a minimum of 3 months. In addition, have enough cash in your house that can last you for a long weekend.

Be frugal in your purchases and be conservative in your investments. Listen to your hunches… they will be right.

This message is not to scare anyone. But the real deal of our economy according to Bill King and his global liaisons is the issue due to derivatives. Wall Street has leveraged the farm based on derivatives. This is the real culprit that is now clogging the financial pipelines. I find it terrifying that the media acts like fools to Wall Street and other salons. According to my sources… they just don’t get it.

Take care of yourself… take care of your family. And manage your life out to the curb. Keep your mindset positive, free from worry as best as possible and continue to send your energy outward with your hopes high. Never succumb to the negativity that is swirling like leaves on a windy fall day.