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The Perfect Stock Market Storm
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I saw a great movie starring George Clooney, The Perfect Storm, which was based on a true story of a series of very severe weather patterns, all coming together at the same time. In other words, it was a story about what would happen if everything went wrong in the weather at once. In many ways, the year 2000 marked the beginning of the coming “perfect financial storm.”

The year 2000 has been held as a significant time throughout history. Over four hundred years ago, Nostradamus predicted that in 1998 the third Antichrist would appear. Many believe Osama Bin Laden could fit the de scription and time. You may also remember the terror around the computer millennium bug that would bring the world to a halt. I have also heard peo ple say that the year 2000 was to be the end of the world . . . and in some ways it has been . . . at least the world we used to know.

I have written about the significance of the change between the DB pension plan and the DC pension plan. The DB pension plan is an Industrial Age pension plan and the DC pension plan is an Information Age pension plan. Many of us are beginning to realize that the rules between the Industrial Age and the Information Age have changed. For example, in the Industrial Age, there was job security and company loyalty. In the Information Age, there is less and less of each. In the Industrial Age, the older you got, the more valuable you became. In the Information Age, the opposite is often true . . . especially in the field of technology. These changes at the end of the Industrial Age and the beginning of the Information Age are adding to the coming of the perfect financial storm.

Sailors all over the world repeat this saying: “Red skies at night, sailor's delight. Red skies in the morning, sailors take warning.” Just as Noah had the vision to build an ark, students at the U.S. Merchant Marine Academy, the school from which I received my bachelor's degree, a school that trains ship's officers for the ships of commerce (such as tankers, freighters, passenger liners, tugs, ferries, barges), were taught to always be vigilant for signs of approaching changes in weather . . . changes still out of sight and over the horizon. It is training that has served me well in my business career.

My concern is that many people are not able to see the changes coming simply because they cannot see the differences between the Industrial Age and the Information Age. Just as most people do not know the differences between a DB pension plan and a DC pension plan, most people are not paying attention to changes that are coming . . . but are not yet here.

Before any storm such as a hurricane hits, people on the beach begin to notice a change in the wind, the water, and the mood. Such a period of time is upon us now. Millions of us are aware of this change but most of us are not certain exactly which direction the storm will head, how strong it will be, and exactly where it will come ashore. Nevertheless, if we were on the shore, most of us know we need to do something different. The following are some of the changes I am watching with concern, wonder, and excitement . . . changes that will help fuel the perfect storm.

Change #1: Millions will be left destitute in old age. The World War II generation had secure jobs, secure retirements, and medical care in old age. Beginning with the baby boomers, that all changed. Although we are feeling the shift in the wind today, and we feel the mood change caused by the Enron scandal, I forecast that the full force of this storm will hit around 2025, some fifty years after the act was put into law. By 2025 we will have millions of baby boomers who will be entering their eighties out of money, nearly out of time, and needing the most medical care of their lives. Without government programs such as Social Security and Medicare, which will probably be financially bankrupt, an aged and poor population will be a financial challenge for the generations following the baby boomers.

Change #2: Medical care will get even more expensive. In the year 2000, while the stock market and mutual fund values were crashing down, the cost of medical care was going up by 17 percent. When you add to this the fact that many medical professionals are leaving the industry at a time when more and more baby boomers will need their services, we have another storm cell brewing.

Change #3: Terrorism will increase. On September 11, 2001, Kim and I were just checking into our hotel in Rome, Italy. The bellman put our bags on the floor, grabbed hold of the remote control, turned the television on, and sud-denly dropped the remote control on the floor. Kim and I turned to see pic-tures we have all seen over and over again . . . pictures of airliners flying into the World Trade Center. Since the audio was in Italian, we could not understand what the commentator was saying . . . but the bellman did. He just stood there speechless. Finally switching to an English station, we realized that an event that had been predicted for years was taking place.

The reason I say that this event was predicted is because there is a book I recommend people read, entitled The Great Reckoning, by James Dale Davidson and Lord William Rees-Mogg. It is about the coming depression in America. The first edition was published in 1993, written well before the first World Trade Center attack. In this book there are many predictions, many of which have come true, although not at the exact times they were predicted to come true. I have read their earlier books on the future and many of their earlier predictions have come true as well.

In The Great Reckoning, Davidson and Rees-Mogg predicted that terrorism will increase because terrorism is cheap. You do not need multitrilliondollar armed forces to be a terrorist. Columbine High School, the anthrax letters, urban gangs, tribal war lords, drug lords in South America, and of course Bin Laden have proven that concept. Terrorism is on the rise all over the world, and because terrorism feeds on people's fear, the media broadcasts it over and over again. Terrorism is effective even if nothing happens. Just the fear of terrorism can be as effective as the act itself. Every time I hear a political leader warn that the threat of terrorism is high, the terrorists have won. They win because they have a politician doing their work for them. As Davidson and Rees-Mogg state, terrorism is cheap . . . really cheap and it will only spread, and even if we destroy Bin Laden and his network, we will not destroy the cause of terrorism.

A month after the September 11 event, a U.S. television host was inter-viewing a terrorism specialist from Israel. The American host was intimating that we were now safe because we were bombing Afghanistan. The terrorism specialist in response said, “It's only beginning for America.” The TV host then said, “But you haven't had a hijacking in years. We are following your procedures in stopping hijacking.”

“Yes, it is true that we have stopped hijacking but we have not stopped terrorism. Today, we have terrorists bombing shopping centers, nightclubs, and any place else that people gather.” The specialist went on to say that the new tactic of terrorists was to steal an army uniform and equipment, walk into a crowded shopping center pretending to be there to protect the shoppers, gain their trust, and then begin shooting them. The terrorism specialist ended by saying, “That tactic has effectively made all of our soldiers and police potential terrorists in the minds of our people. Today, we trust no one. Today, we feel safe nowhere. The same will happen in America.” As an airline passenger, I am constantly pulled out of line to be frisked, patted down, and searched. I remember when only crooks were treated that way. Today, every time we fly, we are all treated as suspected terrorists, instead of law-abiding passengers. In other words, the terrorists have won because today we are all treated as terrorists.

In 1920, a truck packed with explosives was parked in front of the New York City Stock Exchange and J. P. Morgan's bank. When it exploded, many were killed and injured. If you go to New York City, you can still see the scars on those buildings. The people responsible for that truck bomb were never apprehended. It was not the first attack on capitalism and it was not the last.

Increased terrorism will mean that many businesses such as shopping centers, restaurants, high school sporting events, churches, and office buildings will be adversely affected just as any business associated with the airlines has been affected. Since terrorism is cheap, any whacko can be an effective terrorist. You do not need to be from a foreign land to be a terrorist. The problem with terrorism is that terrorism's greatest effect is simply the idea of terrorism . . . and ideas in the Information Age spread faster and farther than at any other time in history. In other words, although terrorism has been around forever, in the Information Age, terrorism will be more effective.

Change #4: Japan, currently the world's second largest economy, is on the brink of financial collapse and depression. Many of us remember when just a few years ago Japan's economy was the shining star of the world. Ameri cans by the hundreds of thousands began studying the Japanese way of do ing business. Suddenly, almost overnight, everything changed.

Can the same thing happen here in America? Many Americans bristle at the idea. Other Americans are not too sure. Regardless, we can all learn some lessons from Japan's sudden fall as a global economic powerhouse. Some of the lessons are:

1. Japan's counterpart to our baby-boom generation hit retirement age in late 1980-1990. America's baby boomers will become aged in 2010. What effect will an aging American population have on our economy? Will it be similar to Japan's?

2. Japan's aged population has maintained control of the country. The question to America is, In 2010, who will control the U.S.? Will the aging baby boomers still run the country as they did in Japan? If aging baby boomers still run the country, after retirement, there will be laws passed to increase taxes to take care of their needs. If taxes are raised from the younger generation, the economy of America will probably go down faster . . . since businesses move to countries where the tax laws are favorable to businesses . . . not old people.

3. Japan is an old economic culture resistant to change. It has been said that an indigenous person is someone whose family has been on the island for over five hundred years. One of Japan's problems is that its people have been on the land and more or less isolated for thousands of years. So its cul tural roots cause change to take longer.

Except for the Native Americans, most Americans do not qualify as indigenous people. That means we do not have the thousands of years of cultural traditions to contend with, as the Japanese do. Nevetheless, even though most of us are not indigenous people, we can learn from the lessons of being slow to change and adapt to a changing world. You may notice that the people being left behind financially are often the people who are stuck in old ways of thinking and doing things. So we can learn a lot from indigenous people and their cultures, good and bad.

4. The Japanese are well educated, hardworking, are a tightknit group, religious, and have a very high savings rate. All the virtues we Americans also desire and want to instill in our children. Yet, even with those virtues, the country is still heading for a depression. Why?

As a fourth-generation Japanese-American, and being familiar with both cultures, I can offer one difference we can all learn from. In the Japanese cul ture, there is a high need to save face. Shame is disgrace. Shame combined with failure is reason for hara-kiri or suicide. In other words, in the Japanese culture, death is more desirable than disgrace.

America is different. After the 1986 Tax Reform Act in America, literally trillions of dollars of American real estate became worthless. The 1986 act changed the rules and removed some of the phony tax incentives that had bloated the values of real estate. A stock market, real estate market, and savings and loan (banking) crash followed. Rather than hang on to overvalued and overleveraged real estate, the federal government stepped in and bankrupted a bankrupt industry (the Savings and Loan industry).

A federal agency known as the Resolution Trust Corporation, the RTC, was formed and it bundled trillions of dollars of real estate and sold it for pennies on the dollar. In other words, the U.S. government realized that the country was in trouble because several mistakes had been made and it tried to clean house as quickly as possible. Japan has not yet done that. They are about to . . . but their banks have hung on to real estate they loaned too much money for, refusing to admit they made a mistake, continuing to save face, and hoping that the price of real estate in their portfolios will increase in value . . . for years.

In other words, they hung on instead of cleaning house. In their attempt to save face, the Japanese banks, its politicians, and people have become a worldwide disgrace. The need to save face has destroyed an economy, an economy of well-educated, hardworking, high-savings-rate people . . . every thing everyone in the world should all strive to be. If America does not learn from this lesson, it too could follow in Japan's footsteps.

I have written about the difference between savers and investors as well as the difference between people in the E quadrant and people in the I quadrant. One of the biggest differences between Es and Is is that a professional investor knows to cut their losses quickly. Professional investors are not afraid to admit they made a mistake quickly. Professional investors are not into saving face . . . they are into saving money. When they make a bad in-vestment, they cut and run, even if they lose some money. I have seen so many noninvestors buy an investment, and hold on to it all the way down to the bottom. That is what happened to many Enron employees. What is a good trait as an employee—loyalty and tenacity—is a bad trait in the in vestor quadrant. A true investor has very little loyalty to any investment. If the investment turns and begins to go bad, they cut their losses and go look ing for a good investment. I have seen many average investors do exactly what the Japanese have been doing . . . they refuse to admit they made a mis take and hang on till all the money is gone.

Over the years, I have heard the following words from many loser investors . . . investors who refuse to admit they made a mistake. I have used these words myself. As the stock price is going down, I hear them say, “This is only a minor correction. I know it will come back up. After all, the market on average always goes up.” And after their stock hits rock bottom they say, “You don't lose as long as you don't sell. I'll hold on till the stock price comes back up and then I'll sell.” In other words, “As soon as the stock begins to win I'm going to sell it—and as long as it is a loser I will hang on to it.” After the stock is dead and has been down for months, I hear them say, “I'm investing for the long term.” When I hear people of any nationality saying those words, I am reminded of my Japanese heritage . . . a heritage that puts a high im-portance on being smart, being right, and saving face. Funny, that sounds sort of like my American heritage also.

If you want to be a professional investor, you need to learn from the American example of cutting losses quickly rather than following the Japanese example of death is preferable to disgrace. Losing money is not a disgrace. Losing money and becoming a loser is primarily an issue of arro gance and ignorance . . . and arrogance and ignorance are abundantly avail able to people everywhere.

Always remember what my rich dad taught me about the difference between winners and losers. He said, “Losers cut their winners and hang on to their losers. Winners cut their losers and hang on to their winners.” To rich dad, that was one of his golden rules of life. Now that I am older, I know how valuable that rule has been for me, especially when I violated it. I have also seen so many people violate that golden rule by hanging on to losing jobs, losing businesses, losing marriages, losing friends, losing investments, and losing ideas . . . just to avoid admitting they may not be right or they made a mistake. In America, we don't usually call it saving face. In America, we call it “looking good and going nowhere.”

Change #5: China will become the world's largest economy. While Japan is on the brink of falling from the number two spot in the world economy, China is set to become number one. America is contracting financially, while at the same time China is booming. It is estimated that sometime around the year 2020, China is expected to pass the U.S. as the economic powerhouse of the world. As reported in the May 6, 2002, Business Week, China has 21 percent of the world's population. It has an almost unlimited supply of human capital, and now as it opens its borders through joining the World Trade Organization, its economic impact is just beginning to be seen.

All of these factors are leading up to a perfect financial storm. Just when the U.S. baby boomers enter old age, China's boom will be in full force. China's rise to power, along with the expansion of the World Wide Web and all the new technology it will spawn, will definitely cause the future to be different than today. One thing is for certain, the gap between the haves and have-nots in America and the world will definitely widen. Those who move with these global changes will become richer than ever before. Those who do not change will be left even further behind financially and professionally.

Back in 1271, a young man named Marco Polo traveled to China to find a large nation booming with industry and trade. Europe at that time was just at the brink of entering into the world of business. Sure enough, when Marco Polo returned from China, Europe passed China as the world economic power. In 1492, Christopher Columbus sailed west looking for a shorter route to Asia . . . and the world changed forever after that. Spain soon became the world financial power in the 1500s by plundering the gold from South America. The financial power then shifted to Europe, from France, Holland, and then to England. From the 1600s to the 1900s, America was considered a Third World nation . . . a very risky place to invest . . . much like China is viewed today. In 1920, right after the end of World War I, the financial power shifted to the U.S. But now, after all these years, China's era of dominance is about to return. With a massive labor force, low labor prices, and great technology, who knows what will happen?

I found it interesting in 2001, just as we began retaliation bombing in Afghanistan, that President Bush was not in the White House or the country. Where was he? Was he cheering our troops on in Afghanistan? No. He was in China with business leaders such as Bill Gates of Microsoft and Carly Fiorina of Hewlett-Packard talking about trade, not war. If I were in my thirties and thinking about climbing the corporate ladder I would be worried. Why? Because the saying goes, “Whatever can be made in America will now be made in China.” So much for a nice secure job in middle management or on the assembly line.

Every time I travel to China, I can still hear Ross Perot saying: “That loud sucking sound from South of the Border will be jobs . . .” He was referring to jobs being lost to Mexico after NAFTA, the North American Free Trade Agreement. In a few years the sucking sound will get louder but it will not be coming from Mexico. Rather, it will be coming from China and other countries . . . as technology spreads to countries with lower labor costs, bright younger minds, and a hunger to get rich and enjoy the good life we have enjoyed.

In 1805 William Playfair wrote: “The general conclusion is that wealth and power have never been long permanent in any place . . . and that they travel over the face of the earth, something like a caravan of merchants. On their arrival everything is found green and fresh; while they remain, all is bustle and abundance; and when gone, all is left trampled down, barren, and bare.”

We have all heard stories that, by the third generation, the fortune of a family is gone. The family fortune is gone because the third generation has not appreciated the hard work of the previous generations to gain and preserve the wealth . . . so instead of reinvesting and rebuilding true wealth, the third generation is spoiled and expects life to be rich and easy. Why should they study hard or work hard? After all, Mom, Dad, Grandma, and Grandpa worked hard and now have money. They'll give the kids anything they want. The kids expect life to be easy. They expect simply to go to school, get a high paying job, nice house, nice car, put money in the stock market, the stock price goes up, and they become rich. Is that what we have come to expect? If a generation is approximately twenty-five years in length, then America is on its third and fourth generations after 1920. Has the baby-boom generation, the third generation after 1920, squandered our wealth—or has wealth and power simply decided that it is time to move on?

Change #6. The world population will continue to age. Many of us have heard the theory of an asteroid that collided with earth millions of years ago and wiped out the great dinosaurs. If Japan's economic reforms do not work and work quickly, Japan could be the financial asteroid that collides with the world's economic system and wipes out many financial dinosaurs. Friends who are economists in Japan say that the chances are 50/50 that Japan could go bankrupt by 2006 if not sooner. If it happens, the financial world will be in turmoil.

Here's what might happen. As we have seen, the Japanese by nature are frugal, savers, and hardworking. If their economy goes down, the Japanese people will cut down on consumption, work harder, and attempt to export their way out of their financial problems. That will mean that they will cut prices drastically on everything they make . . . which will mean the world will also have to cut prices in order to compete. That means lower wages for most people worldwide.

Even if Japan does not go bankrupt its economy faces the same problem that America, France, and Germany face, the problem of a large aging population followed by a smaller younger generation. How these three economic giants deal with this challenge will also have great impact upon our economic future.

Looking at the population of workers and retirees as assets and liabilities, the picture looks like this:

In a few years, that one grandchild may have to support two parents and four grandparents. If you extend this government-enforced policy one more generation, you will have a single great-grandchild responsible for two parents, four grandparents, and eight great-grandparents. Talk about a strain on the budget.

A similar challenge is going on in Singapore. The birth rates there are so low that the government is offering cash incentives for couples to have more children. On top of that, the government of Singapore has passed a law re quiring a child to be financially responsible for their parents. In other words, a child can go to jail if they do not support their parents.

As you can see, the challenge of how people support themselves financially and medically once their working days are over is a worldwide problem.

Change #7. Wall Street is obsolete. After dominating the world economic scene, the idea of a physical trading floor, like the floor of the New York Stock Exchange, is an obsolete idea. Today, we have stock markets in cy-berspace. With the rest of the world coming online and waking up to the idea of buying and selling stocks, millions of online traders, with their portable computers and real-time quotes coming from the markets, will be the stock market floors of the future . . . stock markets in cyberspace.

In many ways that makes stockbrokers actually an icon of the Industrial Age and it makes mutual funds big slow dirigibles, airships that fast independent investors watch and whose every move they can anticipate. That means investors using traditional brokers and large mutual funds to do their investing for them are also dinosaurs of the Industrial Age. In the Informa tion Age, faster, more nimble, better-trained, less-regulated individual in vestors will win the richest, and the fastest, global, 24/7 game in the world . . . in fact, they already are.

The February 25, 2002, cover of Business Week ran the headline “The Betrayed Investor.” Under the headline on the cover, the magazine wrote, “In the 1990s, a new class of investors became a powerful economic and political force. Now many feel misled by Wall Street, corporations, accountants, and the government.” The article inside the magazine writes that investors slapped a record 341 class action lawsuits on brokers, lawsuits that cost brokerage houses as much as $14 billion, “charging them [the brokers] with everything from issuing misleading prospectuses to taking kickbacks for IPO allocations. Individual complaints for bad advice soared as well.” Instead of titling the cover “The Betrayed Investor,” a more accurate statement would be “The Obsolete Investor.” That whole system of buying and selling stocks and other securities through a traditional broker and brokerage house is a dinosaur, a Tyrannosaurus rex of the Industrial Age. Now if you have a laptop with a connection to the World Wide Web, you can beat the Street and the slower investors from anywhere in the world. The stock markets of today are in cyberspace and so are the real investors.

Change #8. Big corporations are losing the public trust and failing. The May 6, 2002, issue of Business Week's cover story was “The Crisis in Corpo rate Governance: Excessive Pay. Weak Leadership. Corrupt Analysts. Com placent Boards. Questionable Accounting—How to Fix the System.” In the article were the following observations:

The latest wave of skepticism may have started with Enron Corp.'s ugly demise, but with each revelation of corporate excess or wrong-doing, the goodwill built up by business during the boom of the last decade has eroded a little more, giving way to widespread suspicion and mistrust. An unrelenting barrage of headlines that tell of Securities & Exchange Commission investigations, indictments, guilty pleas, government settlements, financial re-statements, and fines has only lent greater credence to the belief that the system in inherently unfair. . .

In many ways, Enron and its dealings with Arthur Andersen are an anomaly, a perfect storm [italics added] where greed, lax oversight, and outright fraud combined to unravel two of the nation's largest companies. But a certain moral laxity has come to pervade even the bluest of the blue chips. . .

At risk is the very integrity of capitalism.

(As a side note, the Business Week quotations in Change #8 were added in the final draft of this book, well after we had titled this chapter “The Per fect Storm.” We find it interesting that the Business Week writers chose the same term in their article. Maybe we should pay attention!)

Life Outside the Chicken Coop

In 1974, when I had to make the decision to follow in my poor dad's footsteps or my rich dad's footsteps, rich dad gave me this bit of advice that helped me in my decision-making process. He said, “When your dad advises you to go back to school to get your master's degree so you can find a better, more secure job, he is talking about security within the chicken coop. Most people think that your dad's advice is good advice, since most people seek security inside the chicken coop. Most people want a secure job, a steady paycheck, great benefits, and a secure retirement. That is life inside the chicken coop. My advice is for life outside the chicken coop. So you need to choose between the two. When I was thirteen years old, I was forced to face life outside of the coop . . . and I have stayed outside all my life. That is the choice you face today. You need to choose between a life inside the coop or a life outside the coop . . . and believe me, they are not the same.” In 1974 I chose to prepare for life outside the coop.

In 1979, I had to rechoose again. As you know I had nothing . . . no money, no job, no roof over my head. When I was interviewing for that high paying sales manager's job, the lure of the coop was very tempting. One of the things that gave me the courage to stand up and turn down the job was rich dad's simple story of the chicken coop.

Although it took me another fifteen years to feel comfortable surviving outside the coop, I would say the process was worth it. Today when I hear of people losing their jobs, their retirement savings, their homes, their hopes for the future, I cannot help but reflect back on rich dad's simple story of the coop. I know that the world outside the coop looks frightening for many people. Jobs seem scarce, money seems scarce, and opportunities dwindling. But I assure you, life outside the coop is strong, optimistic, vibrant, and filled with more opportunity than ever before. My friends and I open the paper and read tales of doom and gloom, yet in our world, there is more money available, more opportunity, and more excitement than ever before. In my opinion, it is simply a matter of seeing the world from inside the chicken coop, or from outside of it. It is also a matter of who you listen to. Do you take advice from people who are also in the coop or do you listen to people outside the coop, people who are saying, “It's great out here.”

Obviously, in 1974, I chose to learn about life outside the chicken coop. After my decision rich dad said to me, “Life outside the chicken coop is filled with liars, cheats, whores, cowards, crooks, idiots, losers, and con men. It is also filled with saints, warriors, noble people, winners, and geniuses.” He then said, “If you choose to live your life outside the chicken coop, you must learn to do business with all of them . . . simply because you will not know who they really are until after you have done business with them.” In other words, every deal I have gone into outside the chicken coop, everyone puts forth the face of saints, warriors, noble people, and geniuses. Sometime into the deal, regardless if things go bad or things go good, you find out if the people you were dealing with are liars, cheats, whores, cowards, crooks, id-iots, and con men . . . or they really were the saints, warriors, noble people, and geniuses they appeared to be when you first met them.

Rich dad explained to me that many people leaving school and searching for a secure job with a big company or the government are searching for a place where they are protected from the real world. When they invest, they often search for similar investments that protect them from the real world . . . which is why mutual funds became the investment vehicle of choice over the last few years. As my friend Rolf Parta, a person with his MBA, CPA, and a former bank product manager, says, “People like mutual funds because they believe mutual funds are sanitized. Many new investors feel safe with mutual funds because they think their fund manager has the power to wipe off the germs from the real world and deliver them a safe, secure investment.”

After the Enron scandal and the demise of so many blue chip companies, many investors are waking up to the reality that life inside the chicken coop is beginning to look a lot like life outside the coop. The problem is, most are not prepared for that outside life and that is why we are cruising for a very large stock market crash.

Business Week's article “The Betrayed Investor” is about an investor who is still in the market and still hoping that the government can tighten things up to protect them. Instead of learning to become professional investors, I predict that most of these betrayed but smarter investors will stay in the market and just before retirement they will sell their mutual funds and cling to what they know and trust the most: cash. When that happens, the biggest stock market crash in the history of the world will be on, and those outside the chicken coop will find life more exciting than ever before. Unfortunately, those still inside the chicken coop will find life frightening, very, very, frightening.

Many have designated the year 2000 as the year that the world shifted from the Industrial Age to the Information Age. It is this shift that is the cause of much of the volatility in the markets and also in our lives. As the winds of the perfect storm pick up, there are those inside the chicken coop who are dusting off their r ? sum ? s looking for a new “secure” coop, or are sitting tight at their job, yet they are afraid of opening their retirement account statements. Many others may find themselves outside the chicken coop unvoluntarily through layoffs or unemployment, frightened and without the financial education to survive. While the sounds of the howling winds scare many people, as the winds pick up, there are others outside the coop who are having hurricane parties. In the next section of this book, I will go into how to prepare for the years to come regardless if you plan to live inside the chicken coop or outside it.

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