Dr. David Eifrig Jr. Archive
Dr. David Eifrig Jr. is the editor of two of Stansberry's best advisory services. One of his advisories, Retirement Millionaire, is a monthly letter showing readers how to live a millionaire lifestyle on less than you'd imagine possible. He travels around the U.S. looking for bargains, deals and great investment ideas. Already his average reader has saved $2,793 since 2008 (documented in each Retirement Millionaire issue). He also writes Retirement Trader, a bi-monthly advisory that explains simple techniques to make large, but very safe, gains in the stock and bond markets. This is a pure finance play and the reason Porter Stansberry loves having "Doc" on the team. Doc holds an MBA from Kellogg and has worked in arbitrage and trading groups with major Wall Street investment banks (Goldman Sachs). In 1995, he retired from the "Street," went to UNC-Chapel Hill for medical school and became an ophthalmologist. Now, in his latest "retirement," he joined Stansberry & Associates full-time to share with readers his experiences and ideas. Email this author.
Among the best investments are companies that pay dividends. But how do you select which companies will continue to pay their dividends even in a rocky economy? The secret is to understand the payout ratio.
Last month, one of the market’s best high-income opportunities got a little cheaper. If you take action right now, you can earn a safe 5 percent interest, tax-free. The opportunity is in municipal bonds, loans made to State and municipal governments.
Recently, I was reminded about the importance of being able to self-support. Earlier this month, hundreds of passengers on two cruise ships, the Voyager of the Seas and the Crown Princess, contracted norovirus and experienced extreme “digestive system distress.”
From time to time, I like to share ideas for fun activities that you can do on your own or with other members of your family that have a “hidden” preparedness component. Geocaching is an activity that fits into that category incredibly well, and it can be as much fun or as serious as you want it to be.
Most firearms enthusiasts would agree that suppressed firearms are some of the most fun and most desirable firearms toys you can play with. In addition to the cool factor, they have a tremendous amount of practical value for firearms enthusiasts in general and preparedness-minded people in particular.
Over the years, I’ve gotten into the habit of writing notes on paper or on my phone whenever I hear news stories that relate to preparedness. When I’m having a conversation with someone, I sometimes step away to look at the notes on my phone to figure out a current story from the news that I can use to introduce the topic of preparedness.
What will economic destruction look like? When will it happen? All we can do is guess. What can you do? Prepare. The simplest and most powerful thing you can do is to stock up on the items you regularly use.
It’s always bizarre to me when I hear people talk about wanting to deport only those illegal aliens who are criminals. The Department of Homeland Security said it will start focusing on deporting illegals with criminal records and leaving alone illegals without criminal records. Call me crazy, but if someone breaks our immigration laws and is in the United States illegally, he is a criminal.
Left-leaning interest groups critical to get-out-the-vote efforts aren’t of the same mind on Keystone XL, and President Barack Obama could not afford to offend environmentalists opposed to anything that encourages the use of fossil fuels. So Obama has decided that Keystone XL must go away until after his re-election campaign climaxes.
Water is one of the most important things you need to consider in a survival situation. I want to share a few thoughts I have on things that can be done on a city or regional level to increase the amount of water that’s available in drought situations. These are measures that can be taken both now and in a grid-down survival situation.