PROPRIETARY AND CONFIDENTIAL | Cravens Brothers is independent of and securities offered

through WFG Investments, Inc., member FINRA/SIPC. John Cravens, Jason Leach, and Miguel
Kremenliev are Registered Representatives of WFG Investments, Inc.
 .. .H ow   Do   We   A pproach   the  
Given   A ll   T h is
To  Recap,  We  See... Next  Few  Years?
bt  payments  consume    

-  Slow  Growth  Period:  De     
 
 


   
-  Be  Strate g ic 

of  consumer  income. ts  
   disproportionate  amount   eb t,   eq ui ty ,   an d  commodity  marke
ha pe d   Ma rk ets ”:    M ar kets  that  go  up  and          outside  the  publ ic  d
-  “Accordion -­S

investments)
 

 
    (i.E.,  alternative   ix    


  

   
 

og ni ze  t he  n ee d   to  adjust  portfolio  m
ulus. -  Be  Tactical:  R ec
 due  to  government  stim
   are  in  a  positive  trend term   in g  environments.
w ev er ,  w e   sti ll   be lie ve  t hat  stocks  are  in  a  long-­     ba se d   on  c ha ng
   Ho safety
-  Cash:  Margin  of   hold”
   secular  bear  trend. es :   ”B uy  a nd  sell”,  not  “buy  and  
 There  is  a  distinct   -  Tactical  E qu iti
sk  o f   Gl ob al   De bt  R es et:
-  Ri t-­term  only
 t ha t   co un tri es  a nd  b an ks  will  have  to  take     -  Fixed  Income:  shor ix
   possibility bank   G old,  silver,  platinum  m
debt  holdings,  leading  to   -   Pr ec iou s   M et al s:  
ig n        
   “h air cu ts”  o n   th eir  f ore
rn at iv e   In ve st m en ts  in  order  to  avoid
 
   -  Non-­Public:  Alte



  


 
 vo la til ity  o f   the  public  markets.
   vagaries   an d  

 any  questions.
Please  email  or  call  with
www.cravensbrothers.com

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PROPRIETARY AND CONFIDENTIAL | Cravens Brothers is independent of and securities offered
through WFG Investments, Inc., member FINRA/SIPC. John Cravens, Jason Leach, and Miguel
Kremenliev are Registered Representatives of WFG Investments, Inc.