Despite modest gains in the Dow and the S&P 500 this year, speculative excess remains the dominant theme in the market. Phases of speculative excess can be challenging for serious long-term investors. Firms lacking in longevity, some with questionable business models, others without revenue, and plenty that don't turn a profit have led the market. The tried and true have been left behind.
To successfully navigate the markets during this dangerous investment phase it is vital to focus on your own goals and objectives. Maintain a ruthless long-term view and focus your investment efforts on dividends and interest—the building blocks of any successful compounding strategy. Start with my newest recommendation, one of the largest aerospace and defense companies in the world. From there, buy the new high-yielding preferred issue we are recommending this month. It offers a high-yield without the usual maturity risk of preferreds. More >>
Dividend investing is a simple strategy that has historically delivered exceptional long-term returns. But as the world's savviest investors will tell you, there is more to achieving investment success than simply picking a winning strategy. Warren Buffett describes it this way: "Investing is simple, but not easy."
In this month’s issue, we’ll take a look at why far too many investors never achieve the investment success that is within their reach and what you can do to attain success in your own portfolio.
We also have an update on our advised fixed income and stock market strategy. In bonds, if you have invested along with us, you are in the catbird seat to take advantage of rising longer-term bond yields. I am recommending a new 5-year bond issue as a part of this strategy. In equities, we have put together a mini-portfolio of world-class franchises that offers you a compelling stream of income with the prospect of future income increases. More >>
June 29, 2015 Greece is Bankrupt: Athens Stock Exchange Waits for More Info: What We’re Reading: Traders and speculators drive 70% of ETF volume. (Barron's) Markets Headed to 'Bubbleland,' Warns Jeremy Grantham (MoneyBeat) “The Hidden Costs of Bond ETFs” (Barron's) Chinese Stock Plunge Leaves State Media Speechless (Bloomberg) Millions, Billions, Trillions: Germany in the Era of Hyperinflation […] More »
The Young Research Commodities chart book includes price, both real and nominal, for different time periods and annual rates of change for the commodities covered on the Global Investment Scorecard.
The Young Research Equities chart book includes a range of charts featuring indicators on stock market valuation, sentiment, relative strength, etc. for U.S. stocks over a variety of timescales.
The Young Research U.S. Economy chart book includes short and long-term charts on output and activity, the labor market, inflation, and consumer and business sentiment.
Since 1896, the average bull market has lasted 835 days and resulted in a doubling of stock prices. For more historical perspective on the duration and magnitude of bull and bear markets, check out our new Dow Bull and Bear Markets table.
Our Credit Markets chart book includes many of the charts we monitor and use regularly to formulate fixed-income investment strategy. The chart book includes long-term charts on nominal and inflation-adjusted treasury rates, policy rates, interest rate valuation indicators, and credit spreads.
Jeremy Jones, CFA, is the director of research for Young Research & Publishing and editor of the Global Investment Strategy newsletter. Jeremy is also the Chief Investment Officer at Richard C. Young & Co., Ltd., an investment advisor to high net-worth families and businesses. More »