My City of Ruins

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager.

My city is on fire!

Advertisement.

As I write this, I have multiple friends scattered throughout the Los Angeles basin that have either been forced to evacuate their homes or who are on evacuation alert and on the cusp of having to flee for their lives.

Now, as you may know, I am an Angelino, born and raised. I went to UCLA undergrad, and I have lived and worked in many of the areas suffering the worst of the current raging fires, including Pacific Palisades. In fact, this morning, I got word that the condo I rented in the mid-1990s just off Sunset Blvd. and Temescal Canyon Road is no longer there, having been charred to the ground overnight by ravenous flames.

Upon hearing this news I felt a shadow cross my heart, because my city is in ruins.

Advertisement.

And the worst part for me, as a man of action, is that there is very little I can directly do about it, save for opening my home to those who might need safe harbor. So, to those closest to me (you know who you are), consider this your public invitation to join me in safety and loving embrace.

As for the cause of this fire, the solutions to mitigate future fires and the inane political factors that keep my beloved Los Angeles/Southern California in virtual tinderbox conditions, well, I will leave those aside for the moment. As the “Gambler” Kenny Rogers might say, “There’ll be time enough for countin’, when the dealin’s done.”

Today, my city is in ruins, and I feel impelled to write about it and to try to help heal the immediate wound.

Exclusive  Reimagining a Majestic May 1st

In one of his best, though not nearly as well-known, songs, Bruce Springsteen sings about the devastation and rebirth of a community in “My City of Ruins.” The live version here from a 2002 performance in Barcelona, Spain, does a great job of expressing the healing power of passion and the spirit of togetherness in the face of adversity. Check out the video here if you want to feel how I feel today, and if you want your soul to be stirred with the inspirational refrain to: “Come on, rise up! Come on, rise up!”

Advertisement.

If you feel like doing something to help with your dollars, then the best charity I know of that directly helps provide aid to victims of wildfires or other natural disasters is the California Fire Foundation. This 501(c)(3) non-profit organization also provides support for fallen firefighter families. Of course, your donations here are tax deductible.

Finally, to my city of ruins, I implore you to keep calm and carry on. Together, we shall, as Bruce says… come on, rise up!

****************************************************************

On Choosing a Better Day

Time and problems seem to find their way

Advertisement.

It’s up to us to choose a better day

With every nightfall there’s a mornin’ sun

Trust ourselves and we can get this done

–Jim Woods, “Smile”

I will leave you today with a thought that keeps popping into my head, along with the melody of a song I wrote some years ago. The song is about how to heal a broken relationship. And while I am certainly no expert on this topic, I do know that the key to healing any hurtful situation is to choose better. And, if both parties choose better, you can at least make an honest and rational attempt at finding solutions.

Exclusive  Latest Anthropic Release Rationalizes Huge Capex Spending

Wisdom about money, investing and life can be found anywhere. If you have a good quote that you’d like me to share with your fellow readers, send it to me, along with any comments, questions and suggestions you have about my newsletters, seminars or anything else. Click here to ask Jim.

Advertisement.

In the name of the best within us,

Jim Woods

share on:

Like This Article?
Now Get Jim's FREE Special Report:
The Top 11 Dividend ETFs to
Buy Right Now

Get up to 5X the yields of traditional income plays.

Get Access to the Report, 100% FREE


img
share on:

PREMIUM SERVICES FOR INVESTORS

Bryan Perry

For over a decade, Bryan Perry has brought his expertise on high-yielding investments to his Cash Machine subscribers. Before launching the Cash Machine advisory service, Bryan spent more than 20 years working as a financial adviser for major Wall Street firms.

Product Details

  • Cash Machine
  • Breakout Blue Chip Trader
  • Quick Income Trader
  • Hi-Tech Trader

 

LEARN MORE HERE

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker, financial journalist, and money manager. As well as a book author and regular contributor to numerous investment websites, Jim is the editor of:

Product Details

  • Forecasts & Strategies
  • Bullseye Stock Trader
  • Five Star Trader
  • Tactical Trader
  • TNT Trader
LEARN MORE HERE

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program
LEARN MORE HERE

Generational Wealth Strategies

Generational Wealth Strategies is a unique advisory service dedicated to helping people increase their retirement prosperity while also protecting and passing on more of their accumulated wealth.

Product Details

  • Generational Wealth Strategies
LEARN MORE HERE

DividendInvestor.com

Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor
LEARN MORE HERE

George Gilder

George Gilder is the most knowledgeable man in America when it comes to the future of technology and its impact on our lives.  He’s an established investor, bestselling author, and economist with an uncanny ability to foresee how new breakthroughs will play out, years in advance.

Product Details

  • Technology Report
  • Technology Report PRO
  • Moonshots
  • Private Reserve
  • Millionaire Circle
LEARN MORE HERE

DayTradeSPY

DayTradeSPY was founded by head trader Hugh Grossman, a retired internal auditor for a Fortune 500 company. After years of first-hand experience trying out one trading strategy after another, Hugh instead developed his own trading system centered around day trading SPY options. That’s it… Nothing else.

Product Details

  • Trading Room
  • Pick of the Day
  • DayTradeSPY Signal
  • Inner Circle
  • Online Workshops
LEARN MORE HERE

Jim Fink

Jim Fink is chief investment strategist for Seasonal Stock Alert, Options for Income, Velocity Trader, and Inner Circle. He has traded options for more than 30 years and generated personal profits turning $50,000 into over $5 million.

Product Details

  • Seasonal Stock Alert
  • Options for Income
  • Velocity Trader
  • Jim Fink’s Inner Circle
LEARN MORE HERE