Hi Greg,

How is everything? Great I hope.

I'm hopefully finishing up the RTR promo I'm working on soon so I'd like to come up with the next project.

I've been thinking about the idea of WDDGs as a new currency.

What about if we put a different twist on it - basically that more and more smart investors are moving away from bonds and traditional banks and putting their money into a different type of "financial institution" or "financial fortress" that treats their money better. (some metaphor for a bank but I haven't come up with a good one yet).

I found something on "wildcat banks" that sounded pretty good. You can find plenty of information by searching "wildcat banking" but basically these were state-licensed financial institutions (not federally licensed because I don't think there was any federal banking regulation at that time). They operated during the 1800s prior to the Civil War. Each bank issued it's own currency. 

The similarity to WDDGs is that WDDGs are also state-licensed (they are incorporated in a particular state) and they also issue their own "currency" (stock).

The potential problem is that original "wildcat banks" were too loose with their money and they issued more currency than they could back with gold and silver so many of them went bankrupt and they have a bad name - basically the opposite of WDDGs.

Could we call WDDGs "Modern Day Wildcat Banks" or call this "modern day wildcat banking" or something? Maybe we could explain that the wildcat banks of the 1800s got in trouble because they were too aggressive but these "modern day or 21s century wildcat banks" are the opposite. They basically have a license to print money. They are stronger financially than any bank or even the US government.

Plus unlike traditional banks backed by paper assets, these "wildcat banks" have real assets to back your investment, not worthless paper.

These institutions are better capitalized than banks and they don't make risky loans with your money, in fact when you make a deposit with one of these "wildcat banks" you actually have a say in how they invest your money (shareholders have voting rights, correct?), 


Like the Fed, they basically have a license to print money but unlike the Fed this money is actually earned - not created out of thin air, 

They have a long track record of returning money to "account holders" (dividends and share buybacks), 

They pay "interest" (dividends) far in excess of inflation and what you could earn in a typical savings account, and this "interest income" grows and compounds at incredible rates (lots of WDDGs increase dividends by 10% or more year after year), 

For the most part they really are "too big to fail" and unlike regular banks they don't need to rely on government bailouts, 

These "21st century wildcat banks" are so financially solid they may collectively have enough cash to rescue the government from the "financial cliff" they're about to fall off of

"Wildcat banks" are an even better place to put your money than gold or silver and a growing number of people are figuring this out and "depositing" their investment and retirement capital into these financial fortresses...some of the brightest and most successful billionaire hedge-fund managers are entrusting their clients and their own money to these "wildcat banks"... 

There are dozens of "wildcat banks" to choose from. they have branches in all 50 states and offices all over the world and anybody can open an account and make an initial depost today....

Then we could pick a few WDDGs and describe them without actually mentioning their names. Coca-Cola could be the Atlanta Wildcat bank. Microsoft could be the Seattle wildcat bank. Walt Disney could be the Orlando wildcat bank, Cisco could be the Silicon Valley wildcat bank, IBM could be the New York wildcat bank, etc, etc.

What do you think? Is there anything in there we could work with for a promotion on WDDGs?

thanks,

Robert


other stuff:

aren't some city, county, state governments already issuing their own currency?
here's a photo of a "greenback" issues in the 1800's by a wildcat bank (https://en.wikipedia.org/wiki/File:Greenback.jpg)
"pet banks"



I wonder if foreign governments are investing WDDGs? like China
http://www.huffingtonpost.com/sophie-meunier/china-foreign-investment_b_1705349.html

Hi Greg,
Hope youre having a good week so far

I don't think I will get to writing a lead for WDDGs until late this week at the earliest. I am still finishing up an RTR promo and I also have an OIL promo to finish.

But I've been trying to think of a metaphor for a different type of "bank" or "savings institution" - basically a better place to put your money than savings accounts, certificates of deposits, or bonds.

I'm sending you brain dump of things I jotted down. I don't think they're all good. I'm just sending the whole list because it might spark a thought.

Last week my idea was "wildcat banks" - they were banks in the early 1800's that were state-chartered and issued their own currency. The only problem is they were known as risky and many of them went bankrupt. And "wildcat" is a term for risky, speculative activity in other industries too. Like "wildcatters" in oil exploration so I'm not certain "wildcat banks" would be the best metaphor - unless most people aren't aware of the association between "wildcat" and risk.

What do you think of "Escalator Banking" or "Escalation Banking"? The graph of the growing dividend looks like an escalator (see the WMT and MDT charts below that show the growth of quarterly dividends). And escalators automatically talk you to higher levels. You don't have to do anything but stand there. It takes no effort at all. So "escalator banking" could do the same with your wealth. You just make a deposit in the "escalator bank" and watch your wealth grow automatically over time while you do nothing. There could also be "escalator clauses" that automatically increase your income year after year. WDDGs don't actually have these clauses - at least not in writing - but many of them have a long history of raising dividends year after year so it's like an unwritten clause. 

 
[WMT and MDT quarterly dividend growth charts - they look like escalators]
 

Here are the other ones I wrote down in no particular order.

semi-private banking
privilege banking
preferred banking
priority banking
ultimate banking
freestyle banking
growth banking
konig banking - german word for king
crown banking
crown jewel banking
underground banking
black market banking
paper banks vs real asset based banks
transformation banks
Golden Cross Banks  something I saw in Palm Beach Letter; Golden Cross = Cash Pipeline + Investment Genius; WDDGs gush cash and are run by great management teams
modern day wildcat banks
bizarro banks - from Superman's Bizarro world where everything is the opposite. So whereas traditional banks make a loan, give you the cash, and collect payments and interest for years that is usually several times the loan amount, bizarro banks would do the opposite. You make them a loan (your initial investment to buy stock) and then over the next several years (for as long as you own the stock) they pay you (dividends) and if you hold the stock for 10, 20, or 30 years, you'll receive more in dividend payments than your initial investment - not to mention capital gains. 
Swift banks
Titanium Banks (what's the strongest metal)
Growth banks
Super Growth Banks
Massive Banks
Citadel Banks
Fortress Banks
Bastille Banks
Dividend Banks
Income Banks
Royalty Banks - they pay you "royalties" (dividends)
Legacy Banks - you'll want to keep this account open forever and pass it on to your children and grandchildren (from Palm Beach Letter's Legacy Stock Portfolio)
Reward Banks
Coupon Banks - 
Forever Banks -
Immortal Banks -
Infinite Banks -
Perennial Banks -
Perpetual Banks -
Tri-??? Banks (pay dividends every 3 months)
"Personal Stimulus Banks" - the dividends grow faster than inflation so the income provides "personal stimulus" to the "depositors"
Velocity Banking - build wealth with velocity; constantly getting bigger and moving upward
Momentum Banking - grow your wealth with momentum that builds and grows faster and faster over time with compounding (reinvesting dividends)
Virtual Velocity Banking - virtual because they don't have the infrastructure of a normal banking (no tellers, no drive thru windows, etc)
Eruption Banking - your wealth erupts
Acceleration Banking - accelerated wealth building
Corporate Banking - too obvious
Share Banking - make a "deposit" and get common shares of stock
or Shared Banking - many "depositors" have shared ownership
Full Reserve Banks - not fractional reserve
Private Reserve Banks - 
Secret Reserve Banks - 

Combination (Tortoise & Hare): you get the best of both worlds; the safe and steady growth of a blue-chip stock AND something most people miss that's "hidden in plain sight" is the relentless growth in dividends that far outpaces inflation and interest on bonds, CDs, savings accounts, etc. Forget the 2% and 3% yields at CURRENT PRICES, at the prices we bought these investments at, the dividend yield is 6%, 8%, even 10% or higher and the dividend income is growing rapidly.

Rich Uncle Investing: your rich uncle buys safe, blue-chip stocks and gives you money on top of it

Teflon Investing - isn't teflon resistant and impervious to stuff?
