Welcome to another edition of the Chicks on the Right podcast where we talk to our BFF and sponsor of the show

Zach Abraham, the chief investment officer of bulwark capital management.

Today, as we're recording this, it is February 22nd

and the world exploded because cell networks went down,

people's phones were down, people freaking out there were websites affected it was

mayhem hopefully by the time people are listening and watching this

listening to and watching this that is over and everything is restored but this is the kind of stuff that keeps me

literally up at night what should people be thinking about in terms of

protecting their finances and their wealth and their money in times of

emergencies like this when a grid goes down the internet goes down or whatever go

yeah so great question This will sound a little self-serving, but I don't mean it that way because we're, again, we're not the only people that do this, but these questions feed right into the way reason we manage money the way we do.

We live in a very different world with very different threats and with governments doing

substantially different things and when you look at a stock market and an economy like we have today

that is built on so much artificial stuff like printed money

it will probably continue to go up.

But you always have the risk of things going, right?

You have the risk of reality returning, right,

for lack of a better term. And the funny thing about reality is it can show up

any time. And so you need to have constant forms of protection in your portfolio

to protect you because if you get blacked out from your portfolio for a week and

you're the one trying to manage it and you open it back up and it's down 65 or 70

percent it is what it is right there's really no way to and I'm not saying that that's going to happen what I'm saying is it is a different world and I think we got to manage the money differently so it when those things happen I think it's a good reason to have active management.

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