I spent the first part of this week at the 2019 Stansberry Conference in Las Vegas. It was a great couple of days filled with interesting conversations and guest speakers. Everyone had a lot of terrific insights. When I gave my presentation Wednesday afternoon, I made one thing very clear: You need to be in stocks today. Despite what we’re hearing in the financial media right now, a recession is not on the horizon. Stocks are not expensive. And a bull market does not die of old age. That’s right. I’m as bullish as ever on the market. I’m looking for the S&P 500 to hit 3,600 in the next 12-18 months.

If you want to live comfortably in retirement, you simply must have your money working for you making more money. Too many Americans are not prepared for retirement. I would call it a crisis. A survey earlier this year by Natixis Investment Managers showed that 47% of baby boomers regret not starting to save sooner. Even more frightening, the average 64-year-old has just 30% of the $1 million they say they’ll need in retirement. Let’s make sure that’s not you. And if it is, let’s fix it. This week’s MoneyLine podcast is all about getting your money ready to retire and why it’s so important to get started NOW.

Imagine earning an extra $30,000 a year. You’d take that, right? Who wouldn’t? Now imagine that you earn that money… from your car. It doesn’t seem possible. A car is one of the absolute worst investments. It’s not even an investment. It’s guaranteed to lose value. You know the rule of thumb: The value of a new car drops 15% the minute you drive it off the lot. Imagine buying a stock and it being down 15% right off the bat. So how the heck can you earn $30,000 a year from your car? That’s what Tesla (TSLA) founder Elon Musk says you’ll soon be able to do… if you buy one of his self-driving cars and make it part of the Tesla Network, which is a fleet of “robotaxis.” Here’s how it’ll work.