One of my favorite benefits of living in a small, coastal town in northern Florida is this:
Locally sourced food includes my favorite shellfish.
The summer white shrimp from Northeast Florida, pictured above, are my favorite. They are big — often 8 to 10 inches from horn to tail. Cleaned, you get about 20 to the pound. And they’re outstanding!
But what I’ve learned from my trusted local shrimp boat captain doesn’t bode well for the industry.
And it isn’t just shrimping.
Another sector that we have portfolio exposure to is vulnerable in many of the same ways.
So, we’re making some changes to the model portfolio today. We’re taking profits and cutting losses.
Click the image below to read more.
If you have questions, you can reach us at realwealth@banyanhill.com.
Good investing,
Matt Badiali
Editor, Real Wealth Strategist