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I Challenge You To…

  This week was Sydney and Josh’s birthdays. On Sydney’s birthday we visited one of the safehouses. To celebrate her birthday, we brought all the women chocolate chip cookies. They were stoked out of their minds! They couldn’t get enough and kept asking us for the recipe. We sheepishly replied that we had bought the mix from the store. When the women found out that it was Syd’s birthday, they immediately began singing and gave her a brand-new hairbrush as a gift. They also gave her stones that they had painted for a craft activity. Although they didn’t have much to give her, it was so cute as they all surrounded her, hugged and gave her what they had to offer. As we were leaving, one of the women came up to me and said, “each one of us has so much love in our hearts for all of you.”
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The Coronavirus: Is it time to sell stocks?

The market is down 8% since hitting all-time highs on February 19th. The past two days have been volatile to say the least. The big global worry – the Coronavirus. In today’s podcast we discuss the Coronavirus, it’s impact, and what investors should do. When the market is trading at all-time highs, everyone is cheering for a market correction (pullback) so they can buy great businesses at cheaper prices. Then when that correction comes, the reaction emotionally different. Listen to this important podcast to understand exactly what you should be doing and thinking. Here’s to wise investing, Brian, Brett and the rest of the Iron Gate Family     The commentary on this program reflects the personal opinions, viewpoints and analyses of the Iron Gate Global Advisors, LLC employees providing such comments, and should not be regarded as a description of advisory services provided by Iron Gate Global Advisors, LLC
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¡Que lo Que!

  ¡Que lo que! Que lo que (What the what?) is the most popular slang phrase from the Dominican Republic. People use it to greet others, like “what’s up”. Jose Antonio (the man that is starting a natural juice business) is doing great! We now have a logo designed for his business and he is working towards a weekly savings plan so that he can buy a blender. He is such a hard worker. Every time we meet with him, his pulls out his notebook full of questions and comments. Last week his homework was to talk to two potential customers within a couple of days to see if they would be interested in becoming clients of his new business. Jose went above and beyond and talked to almost twenty different stores and solidified six of them as clients. He is so eager to learn and loves what we are
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Beware of this one thing . . .

With the market making all time highs seemingly every week, we’ve been asked, “When is the market going to crash?” Our immediate answer focuses on two things – No one knows when the market is going to crash. It might happen when we see excesses in the market. In this week’s podcast we discuss how excesses in the market (also known as euphoria) might be the one thing to cause the next downturn. We look back at history, the late 90’s and 2007 – 2008 to discuss what happened when excesses caused the market to crash and how indexing certainly was not the best answer. We discuss not only the excesses, but more importantly, What did we do about it back then? What are we going to do about it now? Here’s to wise investing, Iron Gate Global Advisors – SPECIAL IGGA UPDATE –  You may have noticed some different
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Week 2: Our Guardian Angels: The Dominicans

Week 2: Our Guardian Angels: The Dominicans We made it another week! We absolutely love it here. With temperatures in the 90-95°F range and 100% humidity, the freezing cold showers are something we have come to look forward to. The people here tell us we are just starting the hot season; I don’t know how much hotter it can get before we literally melt (no wonder countries like the Dominican Republic have record Coca-Cola intake levels – there is nothing better on a hot day.) Although the Dominican Republic has uncomfortably hot weather, the people make up for it. We are constantly impressed and extremely grateful for the generosity and kindness of the Dominican people. Part of our program includes traveling long distances almost every day to new places. Although we are unfamiliar with the country, we get on buses with complete confidence that someone will take care of us
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