Patriot Wealth - June 2019

From the old school dial on the side of the TV screen to the sleek, new smartphone Bluetooth device, changing the TV channel has certainly gotten easier with time. Recently, streaming services have supplanted this technology. People no longer have to painstakingly push the clicker to sift through 40 channels hoping to catch the last 10 minutes of the newest “Game of Thrones” episode. Ever since Hulu and Netflix pioneered the streaming movement, Americans have become much more intentional about their TV viewing habits. They might spend more time binge- watching an entire season of “Parks and Rec” or “New Girl” now that they don’t have to wade through commercials. They are now watching what they want to watch when they want to watch it. Furthermore, now that Disney has announced its new streaming service, viewers have gone from changing the channel on their TV to flipping through the plethora of streaming services until they find something to watch. While changing the channel with a remote has become nearly obsolete, in a way, Disney, Hulu, Amazon, and Netflix (among several others) have become the channels themselves, which brings the viewing experience somewhat full circle. Investing tends to mimic this storyline. New technologies promise to be new waves of finance but, in actuality, they’re usually the same fundamental concepts that drive wealth forward. CONSISTENCY Once you set an investing and savings goal, make sure you stick to it. People who have successful saving habits stick to their goals month after month and year after year. DISCIPLINE After receiving a paycheck, it might feel like you have extra money to spend. But before you let it burn a hole in your pocket, it’s a good idea to take a step back and think of the future. Consider putting capital toward investing goals, like retirement or your grandchildren’s college tuition. THE 3 FUNDAMENTAL CONCEPTS THAT DRIVE WEALTH FORWARD IS NEWER ALWAYS BETTER? STRATEGY Successful savers/investors know the importance of living below their means. If you are spending beyond your earning capacity, you will more than likely find yourself accumulating debt, which will make it more difficult for you to save. Just as new streaming services have allowed you to be intentional in your approach to watching TV, make sure that you’re being intentional about how you invest and save.

GRILLED BEEF RIBS

Inspired by Saveur magazine

Nothing feels more paleo-appropriate than digging into a giant rack of beef ribs. This largely hands-off recipe requires plenty of hands- on eating, making you feel like one of our cave-dwelling ancestors.

INGREDIENTS

• 1 5-lb. rack of beef ribs • Kosher salt and black pepper, to taste

DIRECTIONS

1. Heat a charcoal, wood-burning, or gas grill to medium-high. Once heated, move heat source to one side or turn off half of the burners to create an indirect heat zone. 2. Season ribs with salt and pepper and char on the hotter side of the grill, turning occasionally, for 12–15 minutes. Once charred, transfer to the other side of grill and cook until the thickest part of the rib reaches 130 F, about 2 1/2–3 hours. 3. Let meat rest for 15 minutes. If desired, serve alongside grilled veggies.

PATRIOT WEALTH | 919.322.4113 | P3

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