Financial Wellness Guy
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Financial Wellness Guy
@finwellguy
Making money feel less confusing. Financial wellness, better decisions, long-term thinking. Helping you stress less about money. ✉️ Newsletter below

13.1% of US credit card balances are now 90+ days delinquent, the highest level since 2011, per NY Fed

13.1% of US credit card balances are now 90+ days delinquent, the highest level since 2011, per NY Fed


I spoke with @porterstansb to discuss why he believes America is heading toward a great financial reset by 2029. He believes the combination of a collapse in Social Security, the currency debasement, and a breakdown of the social compact will lead to destruction of investor portfolios. Porter describes how to build a portfolio to survive what's coming, including gold, bitcoin, timber, and his Honeycomb Portfolio strategy. YouTube: youtu.be/dwIUft5OIuQ?si… Spotify: open.spotify.com/episode/6gUEG5… Apple: podcasts.apple.com/us/podcast/the… TIMESTAMPS: 0:00 - Intro 1:00 - What is the Fourth Turning? 3:21 - Why 2029 is the year of the great reset 9:57 - How past monetary resets happened (1933 & 1971) 12:58 - Both parties grow government — there's no off ramp 21:52 - Currency debasement & the real wage collapse 35:50 - Is there any way to stop the crisis? 42:53 - Warren Buffett's 20 years of mistakes 51:43 - The permanent portfolio explained 1:01:28 - How to price gold vs. bitcoin 1:06:39 - Bitcoin's biggest mispricing in a decade 1:10:16 - Why Timber belongs in your portfolio 1:13:42 - Honeycomb portfolio strategy & closing





BREAKING: S&P 500 futures surge to their highest level on record now up +19.7% since the March 30th bottom.














