Tag Archives: planning

  • Podcast

    Skip Horner: A Legendary Adventurer’s Guide To Managing Risk

    How to reach your goals while preventing costly mistakes
    by Adam Taggart

    Thursday, June 27, 2019, 2:55 PM


    As a professional adventurer, planning for risk — for danger, for the unexpected — is essential if you want to come home alive. Legendary mountaineer and white water rafting guide Skip Horner attributes his long career and his record of never having lost a client while in the wild to meticulous planning before he embarks on an expedition. Planning in advance allows him and his team to react swiftly when surprises arise, and often to notice adverse conditions developing early and resolve them before they worsen.

    In this podcast, Skip shares his best practices for risk management, many of which universally apply to all dimensions of life including personal safety and financial security. And he drives these lessons home with white-knuckle stories from his personal adventures, when his life was held in the balance.

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  • What Should I Do?
    Shutterstock: Country Pond

    Pond Planning

    Steps for constructing a pond
    by Phil Williams

    Tuesday, July 22, 2014, 3:47 PM


    There is a lot to consider when planning for your pond installation. It is a good idea to thoroughly plan you pond installation prior to the machines arriving. I personally like to measure, get the levels, and paint the site to see for myself what the pond will look like. Often times a design on paper doesn’t survive this process. You will often find that the pond will be different in real life than you were thinking it would be on paper.

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  • What Should I Do?
    © Arman Zhenikeyev | Dreamstime.com

    Emergency Preparedness & Outdoor Adventure Planning Checklist

    Thinking through the essentials for times of need
    by Denis Korn

    Wednesday, March 27, 2013, 11:38 PM


    For most people, planning for emergencies is similar to planning for a camping trip or any other outdoor adventure where the normal conveniences of home are not available. The biggest difference is determining whether to plan for being away from home or in your own residence – or perhaps both. The equipment to include in your emergency kit or camping supplies list will be very comparable. Differences and variations will generally depend upon the severity and length of time you anticipate for your emergency scenario. Long term emergencies and outdoor explorations will require, in addition to this list, more extensive planning and provisioning. Your skill level and knowledge set for survival techniques and resourcefulness will also play a big role in determining your needs.

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  • Podcast

    Bob Fitzwilson: 2012 is the “Most Difficult Year Ever” for End-of-Year Financial Planning

    Little time left to make big decisions
    by Adam Taggart

    Saturday, December 8, 2012, 5:27 AM


    "This is probably the most difficult end-of-year planning I have ever seen in my career"

    ~ veteran investment adviser Bob Fitzwilson

    As the Fiscal Cliff looms ahead, as well as the implications of new legislation at both the Federal (e.g., "Obamacare") and state (e.g., California's Prop 30) levels, financial advisers are furiously working to calculate the impact these developments will have on their clients' net worth in 2013 and beyond.

    Add to that the ugly macroeconomic environment of spiraling sovereign debts and deficits, currency devaluation, and underfunded entitlement programs. At this point, the prudent assumptions to make are that taxes will go higher over time, the money printing machines will run at maximum speed, and when the system really begins to collapse under its own unsustainability the rules will be changed. Perhaps that means capital controls; perhaps it means new restrictions on large asset pools like pension and retirement funds; perhaps it means wealth taxation. At this point, no one knows for sure.

    No wonder this is such a difficult moment for end-of-year planning.

    So, what to do?

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  • Blog

    Starting Your Investment Plan

    by Travlin

    Tuesday, October 4, 2011, 12:02 AM


    This post has been elevated from the enrolled forums section. It is the introductory piece of a series on ‘How to construct an Investment Portfolio’ authored by user Travlin (enrolled members can access the entire series here).

    Investment planning should be kept as simple as possible while still meeting your needs. As a self-directed investor, it is important to me to evaluate the situation, define what I want to accomplish, and decide how to get there. I find that putting this in writing helps me organize and clarify my thoughts into a useful assessment. This does not have to follow a rigid format as long as it is coherent. From this I can begin to structure the portfolio I need, but that is a separate topic.

    Below is my latest assessment. It has three parts

    1. Situation Analysis
    2. Investment Needs
    3. Investment Strategy

    This is offered as a model to show you one way it can be done. There are many others. Feel free to use this model as is, or revise it to suit your views and circumstances. 

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  • Blog

    The Federal Reserve Plays a Dangerous Game

    by Chris Martenson

    Friday, June 19, 2009, 3:31 PM


    Here is another past Martenson Report that was previously available only to enrolled members but is now available to all registered users. 

    The Federal Reserve Plays A Dangerous Game

    I wrote this report over a year ago, in March, 2008.  The recession was underway, Bear Stearns had just been rescued, Lehman Bros. was still in business, and the stock market had not yet dropped significantly.  Thankfully, a systemic banking crisis did not come to pass during that time. 

    I encouraged readers to take specific actions to secure their well-being in case of such a crisis.  Pay close attention to the very end of the report, where I offer suggestions that I strongly recommend you consider.  These recommendations are ones that I stand by today.

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