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