The average American works 40 years before retirement, depending upon profession and career choices; college graduates work about 42 years and non-college graduates starting work at age 18, work about 46 years before retiring. Most Americans work to earn enough money to pay for their lifestyles, and hopefully, to save and invest enough to make their retirement years comfortable without running out of money during their lifetimes.
Unfortunately, most Americans do not understand what real wealth is. Real Wealth consists of two things: (1) A monthly cashflow from passive investments or assets that exceeds your monthly expenses necessary to support the lifestyle of your choosing; and (2) good health so that you can travel and do all the things you want to do without any physical limitations.
Wealth
Instead of working 40-to-46 years before retiring at around age 64, because you need the earnings from employment, how would you like to retire between the ages of 33-to-37 or even sooner? For those of you brand new to our blogs, it is suggested you invest less than ten dollars in several books, The Best Kept Secret to Financial Freedom, Amazon.com: The Best Kept Secret to Financial Freedom eBook : Beard Jr., Robert G.: Kindle Store and Unlock the 4-Doors to Financial Independence, Amazon.com: Unlock the 4-Doors to Financial Independence eBook : Beard Jr. , Robert G.: Kindle Store.
For our regular readers, it is understood that the only sure thing to do in these uncertain times is to continue to buy a passive income stream that continues to grow, each, and every year, keeping up with inflation, no matter what is happening in the World. This can be done—without paying a money manager or financial planner—by investing in Great businesses, with dividend reinvestment programs (DRIPs), that have paid and raised dividends, each, and every year, through depressions, recessions, wars, and stock market declines.
Go to our Blog, dated July 25, 2023 (GOLD, REAL ESTATE, OR DIVIDEND KINGS — Jeffersonian Group | Financial Planning & independence. All our DRIP recommendations are still valid, except for Cisco Systems Inc. (CSCO), which increased in value and the dividend yield dropped below 3%.
For those of you interested in receiving a monthly royalty dividend of 3.82% for under $25 per share, currently about $21.21, you may want to consider buying 10-to-100 shares of Permian Basin Royalty Trust (PBT). This Trust has been paying monthly dividends for over 28-years and according to Marc Lichtenfeld (Oxford Income Letter), “[He] consider[s] this investment the ultimate passive income and capital gains opportunity for 2023 [and beyond]” … I agree and we bought shares when it was trading closer to $25 per share, receiving several monthly dividend payments that have been automatically reinvested!
Furthermore, despite the green energy lunatics in the Biden Administration and Congress—probably because of their ridiculous policies—fossil fuels will most likely experience “the greatest energy bull market this century.” PBT simply collects royalties on the oil and gas that are drilled from one of the largest and proven oil reserves in the World; the Trust does not have any costly expenses for oil & gas exploration, production, and the time-consuming process that is involved. Warren Buffett, along with several other billionaires and many others, “have made big investments in the oil and gas industry.” We are all in with PBT and Exxon Mobil Corp (XOM)… keep the cash flowing!
Health
To enjoy your real wealth or financial freedom, you must be in good health. On July 28, 2023, we posted a blog titled, Health Warning – Post “Vaccine” Action Required. Cardiologist, Dr. Peter A. McCullough stated that “Everyone should be in action now” to detoxify or remove the damaging spike protein from the COVID Jabs. We strongly suggest you consider Dr. McCullough’s recommendations, available at HEALTH WARNING – POST “VACCINE” ACTION REQUIRED — Jeffersonian Group | Financial Planning & independence.
On September 13, 2023, along with eight other panelists, Dr. McCullough spoke at a European Union Parliament session on the World Health Organization (WHO), the pandemic, and the COVID “vaccines,” Dr. McCullough's Speech at the European Parliament (rumble.com). Here’s a few excerpts from his presentation:
“The WHO has played an adverse role from the beginning, deceiving the world on the origins of [COVID] … they effectively created an environment of scientific nihilism.”
“The vaccines have ravaged the population of the world… the genetic code for the potentially lethal spike protein part of the virus. It was the worst idea ever to install the genetic code by injection and allow unbridled production of a potentially lethal protein in the human body for an uncontrolled duration of time.”
“Everything we’ve learned about the vaccines since they came out is horrifying.”
“The spike protein is proven in 3,400 peer-reviewed manuscripts to cause four major domains of disease.”
“Number one is cardiovascular disease: heart inflammation, or myocarditis. Every regulatory agency agrees the vaccines cause myocarditis.”
“I’m a cardiologist. When there’s myocarditis, people cannot exert themselves in athletics. It will cause cardiac arrest. And yet, across Europe and across the United States, sports leagues have been injecting young people who had no medical necessity, no clinical indication, and we have seen a montage of cardiac arrests in young individuals.”
Dr. McCullough identified the other three domains of disease from the spike protein to include neurologic, blood clots, and immunologic abnormalities.
Please act NOW and read our blog, dated July 28, 2023! Pass this information to your family, friends, and associates before it is too late…
Freedom
“During earlier periods,” stated the late Dr. Walter E. Williams, “Congress and the Supreme Court had far greater respect for the Constitution. They understood that if the federal government was to have a power not delegated, or expressly forbidden, by the Constitution, they had to use the provisions of Article V to gain the power by amendment. Today, it’s an entirely different story. Congress, the White House, and the Supreme Court have abiding contempt for the Constitution and . . . Americans are left with a constitutional carcass.”
The Constitution handed down to us by the Founders continues to be circumvented through the use of taxation, majority votes for legislation, and “totalitarian tactics” of agencies like the EPA, FDA, CDC, SEC, and IRS, which are employed to sidestep the Constitution.
Not only is the Constitution being ignored by the federal government, State and local municipalities have gotten in on the action too. Most recently, New Mexico Governor Michelle Lujan Grisham issued “a public health emergency order” suspending the right to bear arms in Albuquerque and surrounding Bernalillo County. The Governor told the New York Times, “I have emergency powers. Gun violence is an epidemic. Therefore, it’s an emergency.”
Several Gun Rights Groups challenged the Governors order in federal court. The Albuquerque Police Chief and the Bernalillo County Sheriff both stated that they would not enforce the order. In addition, New Mexico’s Democratic Attorney General stated that his office would not defend the order because it does not pass “constitutional muster.”
Not only have several commentators suggested the New Mexico Governor’s action is grounds for impeachment, Judge Andrew Napolitano, in a Newsmax interview, stated that she could be arrested by the FBI and the State Police for violating rights secured by the U.S. and State Constitutions. If the Constitution and Bill of Rights can be suspended because of a perceived emergency, the power-hungry government officials would be perpetually declaring emergencies to exercise their dictatorial powers and accomplish their objectives.
In support of Judge Napolitano’s position, there are two very interesting federal statutes: (1) 18 U.S. Code § 242 – Deprivation of rights under color of law; and (2) 18 U.S. Code § 241 – Conspiracy against rights. Section 242 states:
“Whoever, under color of any law, statute, ordinance, regulation, or custom, willfully subjects any person . . . to the deprivation of any right, privileges, or immunities secured or protected by the Constitution . . . shall be fined under this title or imprisoned not more than one year, or both; and if bodily injury results . . . shall be fined under this title or imprisoned not more than ten years, or both . . . and if death results . . . [may be] imprisoned for life . . . or may be sentenced to death.”
It is time we begin using these provisions against the Governor of New Mexico, along with most of the Governors of Blue States (e.g., New York, New Jersey, Illinois, California) and the Democrats that have destroyed many of our formerly great cities (e.g., New York, Chicago, San Francisco, LA, Portland, Seattle). If you believe this statement is harsh, you may not understand the difference between Freedom and Democracy and what has happened to us since July 4, 1776. Please read Freedom vs. Democracy: The Supreme Court May Be Our Last Hope: Beard Jr., Robert G.: 9798847877589: Amazon.com: Books.
Former Arkansas Governor Mike Huckabee has stated that if Trump does not win the 2024 election, it will be the last election decided by ballots rather than bullets.
“We are living in an interesting time . . .” Frederic R. Coudert (1939)
Dum Spiro Spero—While I breathe, I hope.
Slainte mhath,
Robert (Mike) G. Beard Jr., C.P.A., C.G.M.A., J.D., LL.M.