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 biggest success was not a particular investment or trade: It was in the years before email when you could phone 301-738-6952 every Friday evening and hear Richard Band's upbeat, reassuring voice that kept me invested in the market. Profitable Investing did not then have the high tech it does today, but the high touch of Richard's voice was actually more effective...I was able to retire at age 70, and the money is all invested in stocks, bonds, MLPs, and 3 annuities. At age almost 79, I choose to have an asset allocation with half the exposure to equities (26%) of the Model Portfolio, but the choice of securities is much the same. In addition, I have a ladder of individual bonds (especially tax-free munis) that extends out for the next 25 years. My father made it to almost age 98; maybe Profitable Investing will support me all the way to 100!
–Geoffrey M. Brittin, M.D., Brentwood, TN