Professional Equities, Inc - May 2019

Insider Passive Residual Income THEULTIMATEPASSIVERESIDUAL INCOME TM May2019 The

FROM THE DESK OF

Bill Moist

SAVING AMERICA

Bill Ford recruited Alan Mulally to become CEO of Ford Motor Company. Ford had losses of $17 Billion that year. With some great leadership, eight years later, the company posted a $20 billion profit and was the only U.S. motor company that did not take a Federal bailout. The CEOs of both GM and Chrysler appeared before the House of Representatives. One Congressman asked if they were asking for precious taxpayer money. Did they fly private jets toWashington? Both CEOs said,“Yes, I’m sorry. Please give us the money.” Mulally was asked the same question, to which he said he was not asking for precious taxpayer money, but he was appearing on behalf of his competitors. Mulally appeared before Congress on behalf of his competitors because if they failed, the entire automotive supply chain would collapse. If GM, Chrysler, and the automotive supply chain collapsed, Ford would most certainly also fail due to lack of parts. If the Big Three and the automotive supply chain had collapsed, then America would have entered a depression worse than the Great Depression, and the world would not doubt have followed us down. And that is how Alan Mulally saved America.

As kids get older, making time for family vacations becomes more and more important. Once the kids move out of the house, the demands of adulthood make scheduling a time when everyone can get away from work nearly impossible. While parents recognize the importance of continuing to make memories as a family, older kids can be a little harder to convince. Unimpressed teens scoff at the idea of visiting fairy- tale theme parks, and exhausted college students question why they should spend a week in the woods when they could be catching up on some much needed sleep. When you need to take your vacation planning up a notch, rest assured that you won’t have to break the bank to do it. Here are some exciting family vacation destinations that delight kids of all ages. A NEW KIND OF VACATION 7 T ravel D estinations for T eens and P arents

WISCONSIN DELLS, WISCONSIN

Wisconsin Dells is “The Water Park Capital of the World,” and that’s not just a clever slogan from the tourism board. There are over 10 different indoor and outdoor water parks in this city alone. Enjoy lazy rivers, heated pools, wild rides, and miles of slides. Some water parks even offer dry attractions, like the Hades 360 at Mt. Olympus Water and Theme Park, which is the world’s longest underground roller coaster. Described as “Las Vegas for Kids,”Wisconsin Dells is the best place to beat the summer heat.

PARK CITY, UTAH

Park City is a top-rated ski resort and a fantastic vacation destination, even without the snow. This time of year, the chairlift will take you to the top for some wild mountain biking or nature hiking. Thrill seekers will take delight in zip lining through the treetops or gliding through the sky in a hot air balloon. This is the great outdoors at it’s very best.

–Bill Moist

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