America's need for Persian Gulf oil, as Forbes put it, "is the main reason why the U.S. military showed up in the Middle East after having almost no role there for the first two centuries of the Republic's history." It is time to depart once and for all. The list of losers in such a scenario would be long, but the welfare and national security of America would be nowhere to be found on it. Vladimir Putin and Russia, poorly understood in America, would not be losers on the list, either. In this issue, I'll tell you why I think more cooperation with Russia and less with radical Islamist influenced and unilaterally reacting Turkey offers more plusses than minuses.
Also in the issue, I'll update you on the performance of our Maximizers portfolio, especially in the frightening early going of 2016. As I promised last month, I go into detail about my newest addition to our Common Stock Monster Master List, a diversified business that is positioned to benefit from the next big driver of innovation and productivity, the so-called "internet of things." I also have my first preferred stock recommendation in several years, which boasts a premium 6.4% yield without a traditional preferred's asymmetric interest rate risk. And finally, from our family money management company, the issue features a "baker's dozen" of things not to do in 2016. More >>
Each month, I provide you with an Economic Analysis supplement to the issue. This supplement provides you with a bird's eye view of the indicators that I monitor on a regular basis. The incisive, story-telling charts included in this supplement are updated every month and range from "The Leaders" to "World Currency Reserves/World Gold Reserves." There will always be great new material as well as timely reference dates, and my comments spell out the meaning of each chart for you. Download in pdf format.
February 09, 2016 The only way to get out of a debt disaster without making hard choices about spending cuts or raising extra revenue via taxes, is to ruin your currency through inflation. The problem for politicians though, is that the U.S. dollar is the nicest house in a bad neighborhood, for now anyway. And the U.S. government […] More »
Dick Young grew up in Shaker Heights, Ohio, graduated from Babson College in Wellesley, Massachusetts, with a B.S. in investments, began his investment career in 1964 with Clayton Securities in Boston, and founded Young Research & Publishing, Inc. in 1978 to publish Young's World Money Forecast. More »
I can't tell you how relieved I am. I take this financial planning seriously, and I have learned a lot from reading Dick's monthly newsletter. You can tell him that it's the best advice I've ever found at any price, and I also am a very conservative investor who doesn't buy into the latest investment fads. … Many thanks
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