Customer Service 1 (888) 261-2693
Please enter Search keyword. Advanced Search
Home About Us Resources Archive Free Reports Market Window

The No. 1 Secret to Wealthy Living

By Dr. Steve Sjuggerud
Friday, August 15, 2008

Greetings from the Oregon coast where I'm living my dream.

I'm living well. The great thing is, "living well" by my definition doesn't cost much money at all. That's because my definition of living well isn't about, well, "stuff." Let me explain...

Yesterday, I windsurfed perfect head-high waves alongside 2004 World Champion Scott McKercher. The day before, I went surfing with champion paddle surfer Ekolu Kalama and his wife. No crowd, just us. For comparison, if you're a golfer, it's like hanging out with Tiger Woods for the day, just the two of you.

I feel fortunate to be here with these guys... and it reminds me of what's important in life:

It's about EXPERIENCE, not STUFF.


My wife and I try to live this idea – that "experience" is more important than "stuff." 

For example, our kids (ages seven and five) are probably the only kids they know that don't have a PlayStation or an Xbox or a Nintendo Wii. They don't have a ton of stuff. But they've got tons of life experience...

Our kids have seen the world... They've been as far north as Iceland. And they've been as far south as New Zealand. Yet we don't have big flat-screen TVs in our living room or den. (Are we the last Americans to actually have regular TVs?)

The great thing is, life experiences don't have to cost much at all. Waves are free. Wind is free. Spending time with your friends and family is free.

Before I came out to Oregon, we spent time with my family in Orlando. Over the weekend, the kids shot waterguns at their granddad in the pool, and my mom fixed unbeatable home-cooked breakfasts. Everyone had a great time. It was a great family experience. And it sure didn't cost much. It's not what it costs that makes it valuable.

It wasn't about buying "stuff." And this trip to the Oregon coast isn't about "stuff" either.

I define living well as 1) having time with friends and family, 2) pursuing my passions, and 3) well, not worrying about money. The nice thing is, you don't need a fortune to live well by that definition.

Living well to me isn't about monster flat-screen TVs, driving a BMW, or wearing diamond-encrusted watches. How about you?

You only have so much money... so what do you put a premium on?

It's so easy in America to be sucked into "stuff" – from the pressure to "keep up with the Joneses" to the constant barrage of advertising from every angle.

But you can't take stuff with you. I've heard investor Doug Casey say, "I've never seen a hearse with luggage racks." And if stuff is what you choose, just remember, you'll be busy working for the rest of your life to pay for your stuff.

If you follow my definition of living well, then the goal becomes living life to the fullest instead of buying stuff... and saving instead of buying so you don't have to worry about money.

People want to invest successfully so they don't have to worry about money. If you change your definition of living well, then you can get to the point of not worrying about money a lot faster.

Again, my idea of living well is:

1) Having time with friends and family.
2) Pursuing my passions (which I'm doing on the Oregon coast now).
3) Not having to worry about money.

What's your idea of living well? Is it about the experience, or the stuff?  

All the best,

Steve

Market Notes


THIS IS THE BEST-LOOKING TRADE YOU'LL SEE ALL YEAR

A major alert from the "E.F. Hutton of trading."

We call our colleague Jeff Clark the "E.F. Hutton of trading" for one reason: When he makes a major market call, we drop what we're doing and listen. When we take his advice, we make a lot of money. Right now, Jeff has some advice on energy that you should take immediately...

Natural gas and crude oil trade in a predictable relationship to each other. This relationship is like a dog on a leash. Sometimes the dog stretches the leash and must be pulled back. Right now, gas is "stretched" versus crude oil... which presents an incredible opportunity in natural gas. Jeff also loves the tendency of natural gas to soar after summer. He tells us, "I can't believe how well this trade sets up every year."

Jeff isn't trading this idea with energy stocks or commodity futures. He has a much safer idea... one that will generate a huge amount of income in a short time for his Advanced Income readers.

We think this idea is as close to a slam-dunk as you'll see this year. In fact, the last time this setup appeared, his readers collected a 31% "income payment" on the position. Click here to learn more about Jeff's Advanced Income service. This opportunity won't last long.


Recent Articles
Legal Notices: Stansberry Research LLC (Stansberry Research) is a publishing company and the indicators, strategies, reports, articles and all other features of our products are provided for informational and educational purposes only and should not be construed as personalized investment advice. Our recommendations and analysis are based on SEC filings, current events, interviews, corporate press releases, and what we've learned as financial journalists. It may contain errors and you shouldn't make any investment decision based solely on what you read here. It's your money and your responsibility.

 

Readers should be aware that trading stocks and all other financial instruments involves risk. Past performance is no guarantee of future results, and we make no representation that any customer will or is likely to achieve similar results.

 

Our testimonials are the words of real subscribers received in real letters, emails, and other feedback who have not been paid for their testimonials. Testimonials are printed under aliases to protect privacy, and edited for length. Their claims have not been independently verified or audited for accuracy. We do not know how much money was risked, what portion of their total portfolio was allocated, or how long they owned the security. We do not claim that the results experienced by such subscribers are typical and you will likely have different results.

 

Any performance results of our recommendations prepared by Stansberry Research are not based on actual trading of securities but are instead based on a hypothetical trading account. Hypothetical performance results have many inherent limitations. Your actual results may vary.

 

Stansberry Research expressly forbids its writers from having a financial interest in any security they recommend to our subscribers. And all Stansberry Research (and affiliated companies), employees, and agents must wait 24 hours after an initial trade recommendation is published on the Internet, or 72 hours after a direct mail publication is sent, before acting on that recommendation.

 

© 2024 Stansberry Research, LLC. | Privacy Policy| Customer Service
Stansberry Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry Research, LLC. 1125 N Charles St. Suite 500, Baltimore MD 21202.