[Verse] Browne’s four boxes are Gold bonds stocks and cash tango of cash Browne’s four boxes are Gold bonds stocks and cash tango of cash for gold I recommend G L D M an ETF you can buy like a stock for bonds I recommend T L T an ETF you can buy like a stock for stocks I recommend V T I V T I an ETF you can buy like a stock and fill that box for cash I recommend S G O V for cash short term notes short term Treasury notes I recommend S G O V cash to Browne meant notes US Treasury notes bonds to Browne meant bonds US Treasury bonds gold to Browne meant gold actual physical gold stocks to Browne meant stocks the S & P 500 stocks but there is another thing that I think is worth considering the P & P 500 not Standard & Poor’s the Poorer & Poorer 500 these are the stocks most likely to survive a cataclysmic stock collapse like 1929 and like the further decline lasting till 32 at least the Great Depression the Fortress Eight of the P & P 500 would be companies like Coca Cola why you say such Coke because people who are destitute say to themselves I need a Coke it's a habit they find hard to break the same logic applies to the tobacco company Altria with the stock ticker M O mo Coca Cola is KO K O what other stocks are in the Fortress Eight Colgate yes that's right the toothpaste C L is their ticker and what else like them Procter and Gamble P G is their stem or their ticker now that is four I think that was four we'll recount next would be American Water in fact it would be the strongest stock to have in a Great Depression and cataclysmic stock collapse their ticker is A W K regulated utilities are a classic defensive stock like tobacco another of these worth note is NextEra Energy N E E is their ticker now that leaves two more stocks in the Fortress Eight Kroger believe it or not yes the grocery store Kroger would be one of the eight best stocks to have if the market suffered an 80 percent collapse like it did in 1929 till 1932 the ticker is K R what is the final stock in the Fortress Eight it's Waste Management the ticker is W M tango of the cash cash is important tango of the cash but just as important is gold tango of the cash and just as important as them is bonds tango of the cash and just as important as them is stocks tango of the cash tango of the cash tango of the cash and in my opinion in my opinion the P & P 500 is a further hedge against VTI than S&P 500 going to total shit
