Because wealth is not reserved for the privileged elite...
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In The Penn Wealth Report, Vol. 7, Issue 04...
(Members/Clients: Select the cover to go to the digital issue!) From the Editor
What a difference a year makes. At this time last year we were in the midst of an ugly fourth-quarter market downturn. This year we find ourselves steaming into the new year on the heels of an outstanding jobs report. Global Strategy: Middle East The Persian Gulf is surrounded by emerging markets, frontier markets, and a dead market. While Iran continues to cloud the picture, opportunities exist for investors to fill their under-weighted international allocation. Fundamental Analysis Investors measure valuation in a number of different ways; this particular method is often overlooked, but should be paramount. Investment Profile: Oil & Gas Midstream A lower-risk business model is one reason we own this midstream energy company. The near-6% dividend yield is another. ETF Spotlight Saudi Vision 2030 is Crown Prince Mohammad bin Salman's massive strategic plan to diversify the Kingdom's economy away from oil. We believe he can do it, and we have a good way to go along for the ride. All of this and more in your latest issue of The Penn Wealth Report! |
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Most recent additions to Members-only pages or Penn Wealth Report links*...
- We, 04 Dec 2019: Updated the spreadsheets of all holdings in the Intrepid. Penn Intrepid Trading Platform
- We, 04 Dec 2019: We have traded this energy name for twenty-two years, and it is undervalued. Trading Desk
- Tu, 19 Nov 2019: Added a definition of Keynesian Put to the library of terms. Financial Terms & Concepts
- We, 30 Oct 2019: Added an equity with a low beta (0.57) and a high yield (11.20%) to the Strategic Income Portfolio. Trading Desk
- We, 23 Oct 2019: Added a consumer electronics innovator to the New Frontier Funds. Trading Desk
- Mo, 21 Oct 2019: Sold our position in PetMed Express (PETM) in the Intrepid after a 37% one-day runup. Trading Desk
- We, 16 Oct 2019: Highlighted an Under the Radar stock in the life sciences industry. Life Sciences Tools & Services
- Th, 15 Aug 2019: Added a definition of cost of capital to the library of terms. Financial Terms & Concepts
- Mo, 23 Sep 2019: Added an ultrashort bond fund to the SIP with yield greater than the 30-year Treasury. Trading Desk
- Sa, 21 Sep 2019: Updated the spreadsheets of all investments in the five Penn Wealth Strategies. Penn Wealth Strategies
*Ongoing Members-only page reminder: One of the most critical steps in building wealth and protecting your portfolio is to maintain a proper asset allocation based on your own risk number. We update these allocations quarterly, looking at market, economic, and geopolitical conditions. So, with your own personal risk number in hand, visit our Tactical Asset Allocation page and sign in. (Always consult your investment professional before deciding on an allocation, as your unique situation may affect how you should be allocated.)
Create Wealth, Enjoy the Journey...
We are not human beings on a spiritual journey; we are spiritual beings on a human journey. |
The Penn Wealth Report is designed to help you build a life filled with wealth, success, and happiness. Our goal at Penn Wealth is to help you create wealth, but this alone does not bring happiness and success. Rather, money is one of six pillars which support our lives and define who we are:
It takes only one of these pillars being out of whack to have a devastating effect on our lives. For many of us, sadly, most are lacking. We attribute our shortcomings to any number of different factors, never realizing the high level of control we have over each. On the other hand, if we learn to master these six pillars we can absolutely transform the quality of our lives, no matter our age, economic status, or circumstances. We will teach you the simple techniques needed for mastery over self. |
Strategic VisionDesigning the Blueprint:
Your Intuitive/Intellectual Self Strategy keeps a pilot's ship on course. |
This pillar represents your intuitive/intellectual self. Imagining your future in your mind, designing the blueprint to get there, and then acting with a steely determination to carry out your plans, irrespective of outside forces. Have you ever noticed how some people are able to make massive strides in life, adroitly handling challenge after challenge? They are no different from you, they have simply defined where they want to go in life and are constantly honing their skills—which is what you will learn to do as well.
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Command & ControlDeveloping the Mind & Body: Your Internal Self (Physical/Emotional Self Control)
Between the conception and the creation, between the emotion and the response, lies the shadow. |
This is where it either falls into place or falls apart for the majority of Americans. If you master this pillar, you can make your dreams come true with remarkable efficiency. This is the realm in which your habits—both good and bad—reside. It is the reason some people are able to achieve incredible success in their lives, while others flounder, despite their apparent advantages. Don't take this pillar lightly. Embrace it. Learn the techniques others have used throughout history to achieve great things. Vow to excel here, and you will be amazed at the wonders that await you on the path ahead.
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Harvesting GoldCreating & Defending Multiple Streams of Income: Your Professional Self
Pursue one great, decisive aim with force and determination. |
This pillar represents your professional self. It should be your passion in life—the profession you have chosen because it energizes you. It should not be a job you loathe but trudge to each day because you need the money. Sure, most of us have to do work we don't like until we can follow our passion, but the sooner you determine what you really want from life, the quicker you can exit the grind and follow your dream. Follow your dream, pursue your passion, and the money will most certainly come.
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Tactical AwarenessUsing the External Environment to Gain Advantage: Your Social Self
Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly and one by one. |
We don't live our lives in a vacuum. In fact, quite the opposite. Virtually every part of our day is affected by forces outside of our control. From news stories designed to elicit an emotional response, to constant interaction with others, we are pushed, pulled, and prodded like a pinball in a machine. But what if we looked at our external environment with a different perspective? What if we took what is happening in the world around us and used it to our advantage, using critical thought and rejecting the herd mentality? Tactical Awareness is about thinking differently; taking the path less traveled.
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Investment IntelMastering the World of Money: Your Financial Self
The intelligent investor is one who sells to optimists and buys from pessimists. |
After several decades in the arena of professional money management, we have worked with all types of clients and through all points of the economic cycle. We have seen irrational exuberance warp intelligent minds during peak periods, and extreme fear grip investors during market troughs. Investment intelligence means ignoring the emotions-based actions of the masses and, quite often, doing what feels uncomfortable. Proper asset allocation and risk management are fundamental to efficient wealth creation. At Penn Wealth, you will have an investment portfolio that is uniquely your own.
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The JourneyLiving with Divine Happiness: Your Spiritual Self
We are not human beings on a spiritual journey; we are spiritual beings on a human journey. |
With the realization that life is eternal, and that we are on but a tiny little speck of our journey, everything in the external world is put in perspective. The things we worry about on a daily basis, when viewed with this clarity, become virtually nonexistent. We were placed here, in this time and in this body, for the sole purpose of growing spiritually. Every action we take in life can either move us forward, or inhibit our growth. Understanding our purpose on this part of the journey will help keep us focused on what is truly important, and allow us to live with divine happiness.
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Unless you ask us not to, we may contact you via email in the future to tell you about specials, new products or services, or changes to this privacy policy.
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While we use encryption to protect sensitive information transmitted online, we also protect your information offline. Only employees who need the information to perform a specific job (for example, billing or customer service) are granted access to personally identifiable information. The computers/servers in which we store personally identifiable information are kept in a secure environment.
If you feel that we are not abiding by this privacy policy, you should contact us immediately via telephone at (913) 538-7174 or via email at member.services@pennwealth.com.