Here are Todd’s latest fun picks to take your financial skills to the next level...

I have two great resources this month to take your financial skills to the next level, and very little else to write about.

That's because nothing has changed from last month's update.

Epochal change continues right on schedule. The 10-15 year plan is progressing as expected.

If you've been following my work for a while, you know exactly what to expect.

So let's expand our minds with a quick fun fact and then we'll get to the two educational resources for this month...

Fun Fact

A trillion is such an unfathomably large number that it defies intuition.

Here's a way to make a trillion more intuitive:

• 1 million seconds = 2 weeks
• 1 billion (1,000 million) seconds = 32 years
• 1 trillion (1,000 billlion) seconds = 32,000 years !!!

Whoa!

So when the U.S. government adds a trillion to the national debt, please know it matters.

It's easy to become numb to these crazy numbers as they get tossed around in the media, but debt measured in trillions is crazy-big.

I guess that wasn't much fun, but it certainly was interesting!

Okay, let's get right to the two educational resources that can take your financial skills to the next level...
 

Trend Following: What's Not to Like? Man Research

It boggles my mind that anyone would choose to have their portfolio assets at risk in our current "epochal change" investment environment without the added risk management layer provided by trend following. When you know this stuff the way I do, it literally makes zero sense to invest any other way. This article takes a similar "this is duh obvious" position with the question, "What's not to like?" However, before you read the article, I need to add a point of clarification. The term "trend following" is often used interchangeably with "managed futures" as if they are synonymous. They are not. This research article applied trend following to managed futures through the BTOP50 index. The trend following that I advocate here applies a trend following layer of risk management to conventional portfolio assets like domestic stocks and bonds, REITs, gold, commodities, international stocks and bonds, emerging markets, etc. using low cost passive index funds. In other words, it uses the same portfolio assets you already use, but it adds a layer of smart risk management to your decision frameworks. This article still shows impressive results despite being limited to managed futures. However, the results for the service I recommend delivers even more impressive results with none of the 10 year under-performance that this article discusses. So anyway, trend following is a statistically valid risk management tool, and managed futures applies that tool to the futures markets. However, those terms are not synonymous, as evidenced by the even-more-impressive performance of trend-following tactical asset allocation, as explained here. What's not to like?

Jim Grant Sees A New Era of Higher Interest Rates That Could Last Years - Odd Lots Podcast

Jim Grant has been publishing "Grant's Interest Rate Observer" to a largely institutional following since I first entered the hedge fund business decades ago. He's a deep student of the markets, financial history, and he has broad experience publishing through most economic regimes. So when Jim's takes the view that our inflation problem is structural, not cyclical, exactly as I've been describing for more than two years while teaching you about epochal change, I stand up and take notice. Hopefully, you'll do the same. The investment game changed at the end of 2021 largely because of inflation, so this topic must be understood.

Take Action Now So You Can Grow Your Wealth During Epochal Change:

1. This investment software solution includes two of Todd's top investment systems. You'll learn the smart, proven way to manage portfolio risk during epochal change. Once you understand it, you'll wonder why you tolerated the unmanaged risk in your  old "buy and hold" investment strategy.

2. My Expectancy Wealth Planning group coaching program shows you how to maximize the expected growth of your wealth in every market condition regardless of epochal change. My students were prospering during the good times, and they're still prospering during this adversity. Join this smart community of active wealth builders to secure your financial future.