The Financial and Personal Security Letter
Decades ago, I wrote the following paragraph in a February issue of Intelligence Report: 'What you read each month is the basis for my own family's investments. I invest along with you. You'll find your comfort level increasing issue after issue. I don't jump around. Instead, I blend common themes and repetitive benchmarks to give you an ongoing investment package.' Every word is as true today as it was the day it was written. If you have been with me over the decades, you know that my primary concern is your comfort and security in your retirement years, whether today or in the future.
Today, valuations for equities are sky high, and the Fed is about to embark on a policy that is likely to crimp corporate profits. The winter stage of the upside economic and monetary cycle is here, to be followed by a period of discomfort in the economy and the financial markets. Hoping that stocks will avoid another nasty bear market is not a strategy. Savvy investors worry first about risk and only then consider potential return. This month, I'll tell you about a gold miners ETF that actually rose by 40% during the dotcom bust, and fell much less than the market in the '08-'09 bear market. I also have some changes to the Common Stock Monster Master List this month. I'm dropping three names, including two acquisition targets, and adding a powerhouse that has increased its dividend for 50 consecutive years. 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.
November 25, 2015 Happy Thanksgiving from Dick and Debbie Gratitude Keeps Your Heart Healthy Taking the time to focus on what you are grateful for is not only good for your soul, but it is also good for your heart. New research suggests that gratitude helps the heart because it reduces stress, a huge factor in heart disease. […] 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 »
To help you understand how subscribing to Intelligence Report has enriched my life, I must tell you a brief story. Not too many years ago, my investment strategy was, I'd say, emotional and reactive. I began subscribing to a number of financial magazines, which mostly resulted in a lot of junk mail. Back then I invested in what was hot at the time (i.e., tech stocks), having no real understanding.
Well, I'm sure you know how that story ended. When everything tanked, I followed the crowd…selling willy-nilly. One day, after I decided I'd had enough of investing, I got what I thought was yet another piece of (finance) junk mail and was just about to tear it up when a sentence or two caught my attention. I thought to myself, don't buy another magazine—but this one was different.
I became so enthralled by what I was reading that I read the entire thing. Well, I did order it—the Richard Young Intelligence Report. At the time I had about 13g savings/investment (that was a few years ago). Since then, I became an avid subscriber looking forward to and enjoying every monthly report. Love Dick's straightforward, open talk, and of course, his sense of humor.
Today, I've grown my regular savings/investments including IRA to close to about 90s. And you know what, I don't make a lot of money, but I used Dick's writings and expanded my thinking to not only invest but evaluate my financial picture. I still have a ways to go, but I challenge myself regularly to learn more and do better regarding my finances and understanding finance.
I really like Dick's straightforward style/talk. It's interesting, informative, humorous. And he provides so much info in other areas, such as personal safety. Who knew a pencil could be used as a serious personal safety tool? I enjoy hearing about him and his wife's trips on their Harleys and feedback they get from people while on trips. Love hearing his music-related updates.