'Don't Try Too Hard'

Stansberry Investor Hour

Stansberry Research

America, How, To, Crash, Money, Learn, Stansberry, Income, Research, Debt, Stocks, Porter, Business, Realestate, Banking, Investment, American, Investing, Invest, Howtosave, Sjuggerud, Ferris, Eifrig, Jubilee, Buck, Sexton, Market, Bonds, Churchouse, Savings, Options, Lashmet

4.4 • 677 Ratings

🗓️ 22 August 2022

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

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Summary

We're excited to bring on a brand-new Stansberry Investor Hour guest this week – a name that Stansberry Research readers will undoubtedly recognize: Brett Eversole...

After working with Stansberry Research heavyweight Dr. Steve Sjuggerud for more than a decade, Brett is now the lead analyst for Steve's suite of publications. In True Wealth, Brett and his team help their readers uncover safe, alternative investments that are overlooked by Wall Street. In True Wealth Systems, they use advanced, proprietary software to amplify investor returns in every corner of the market.

And in True Wealth Real Estate, they scour the market for deals that combine the power of investing directly in private real estate with the ease of profiting from housing stocks. That's where Brett and Dan start this week's interview...

A slew of new data released just last week confirms that the housing sector is in a worsening tailspin. But as a contrarian, Brett says the masses have mistakenly "over extrapolated" this cooldown and that we're not, despite popular belief, in a 2000s-style bubble that's headed for a bust.

Housing is like water – it's at the bottom of Maslow's hierarchy of needs... Nobody panic-sells their house.

He explains why today's reality is far different from what most folks fear and that with the right data and analysis, you can even uncover ways to profit in the housing sector today.

As for the driving force behind this slowdown, inflation is another topic that Brett and Dan tackle. They discuss its history (like the "guns and butter" era Dan lived through), their outlook on interest rates, and the Federal Reserve "pivot" narrative.

Finally, you'll hear about a shared musical hobby between the two and how it intersects with finance. And Brett leaves listeners with advice on how to work smarter – and not harder – with tips on developing effective work habits.

Transcript

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0:00.0	Hello and welcome to the Stansberry Investor Hour. I'm your host, Dan Ferris. I'm also the editor of Extreme Value published by Stansberry Research.
0:15.0	Today we'll talk with my friend and Stansberry colleague and fellow musician Brett Eversall. In the mailbag today, a light mailbag
0:24.2	with just one question from one of our greatest, long time, most frequent correspondence. And remember,
0:31.9	you can call our listener feedback line, 800, 381, 2357. Tell us what's on your mind and hear your voice on the show.
0:40.2	For my opening rant this week, coffee shops and lipstick. That and more right now on the
0:46.9	Stansberry Investor Hour. Coffee shops and lipstick. What in the world could I be talking about? Well, the coffee shop thing
0:57.9	relates to an article I read in the Wall Street Journal this morning that said, basically,
1:04.0	restaurants did well in June, but they still lost 3% of their sales. So not great.
1:12.4	But coffee shops comparatively did great because their sales increased by 1.9%.
1:18.4	So it reminds me of something that I may have mentioned on the program before.
1:26.2	Real quick, I worked for a place called Le's Ice Cream Factory based in Baltimore when I was in college and right after college.
1:34.9	And Lee Garfield, for whom the business was named, he was a very smart businessman.
1:39.6	He was the person who was basically the first guy who ever taught me anything about
1:44.5	business because I, before that I was a guitar player, didn't know anything about business.
1:48.8	And one of the reasons he said he went into the ice cream business is that he had very
1:54.7	fond memories of a place called Gwyn Oak Park in Baltimore as a child and, you know,
2:00.4	getting ice cream and going on rides and things.
2:03.1	But as a businessman, he said, you know, Dan, when people can't afford a vacation or something
2:11.1	expensive or expensive Christmas presents or whatever it is, they will still take the family
2:16.9	out for a treat. And, you know, they'll take the
2:20.2	family out to get an ice cream cones. One of the things they'll do. So that's one of the reasons
2:25.7	why I thought it would be a great business, because if the economy wasn't doing great, you know,
	...

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