Tue, 01 Sep 2015 16:24:23 ET
Some subscribers have been puzzled at the cautious tone of my remarks over the past week or so. With many (even most) of our recommended stocks and mutual funds below our price limits, shouldn't we be buying with both hands? More »
The U.S. stock market is nearing a critical fork in the road. So far in 2015, the headline stock indexes have run in circles, with only losses to show for all the effort. Amid the frantic rush to nowhere, hundreds of stocks have fallen by the wayside. They need to get back on track soon, or trouble lies ahead for the six-year-old bull.
In this month's visit, I'll show you why I'm issuing such a blunt warning. It's not that I've turned into a long-term bear on stocks, but we want to be prepared for any outcome. One way to secure your defenses is to hold an adequate cash reserve. I'll introduce you to my favorite FDIC-insured money market accounts, as well as a unique high-grade preferred stock with a fixed maturity similar to that of a CD. Later, I'll invite you to a lively Q&A session on the energy sector. If you've been unsettled of late by the wild price swings in your oil-and-gas-related investments, I think you'll find this discussion timely and beneficial. First, though, let's sift through the reasons for my guarded near-term market outlook—and see what you can do now to achieve a wholesome balance between growth and preservation of capital. More »
I am trying to buy or research a stock you discussed, but the ticker symbol you mentioned in Profitable Investing doesn't work. How can I find the right ticker symbol?
Unlike the common stocks and mutual funds most investors are used to, certain investments, including preferred stocks and international stocks, may have a welter of different ticker symbols depending on what quote lookup or brokerage service you look for them on. More »
Richard E. Band is the newsletter world's #1 authority on investing for low-risk growth. His flagship Total Return Portfolio has grown nearly sixfold since its inception in 1990, while taking far less risk than the popular stock market index funds. More »
My greatest successes with Profitable Investing have been CVX, SLB, SO, RPM, HOG, HSY, Applebees, and Yankee Candle Co.; the key was staying diversified and never panicking. Recovery from 2000 and 2008 were relatively prompt.I retired in '91 at age 55 with a $500K IRA and $500K in savings. Lived off retirement checks of $30k and savings for 5 years, then commenced IRA withdrawal's starting at $40K a year, increasing to $80K now, and savings is still at $500k and IRA at $1.6 million. Presently operating with a $130k budget and IRA still increasing. Maintained 50%-60% stocks evenly divided between growth and value and other half in a preferred ladder and various bond funds. Used both your letter and Richard Young's Intelligence Report. Both did their job about equally effective with a slightly different approach, yet very similar.
–D.J.A., San Jose, CA