The Financial and Personal Security Letter
A WSJ feature article about a man who accumulated an estate worth $8 million while pumping gas hit the press at the perfect time for me and you. For the first time since I created my Monster Master List—well over a decade ago—I have given the Master List of common stock names a complete overhaul. I have spent weeks in the process with the goal of giving you not
only a roster of dividend payers but also a list where every core company has increased its dividend for a minimum of 10 consecutive years. I have rounded out the core list with a handful of special situation dividend payers. My MML overhaul is a reflection of my desire to ramp up my dividend-only policy to a policy mandating rising dividend payers. And the best part is, you don’t need to do anything now, as I’ll explain in this month’s issue.
Also in the issue, I’m recommending a new ETF in the materials sector, with a heavy emphasis on chemicals production. Chemical companies are reaping the benefits of low oil and natural gas prices, as both are raw material used in many chemicals. Besides chemicals, companies in this ETF produce everything from steel to packaging, minerals, glass, and more. Finally, I’ve made some changes to the What’s Up and What’s Down list to give you a more in-depth viewpoint on how various sectors of the economy are performing. 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.
April 17, 2015 You never know the power of a hand-written thank you note. I wasÂ remindedÂ of this yesterday reading about a thank you note Julia Child wrote before her death. She thanked Roger Berkowitz, president of Legal Sea Foods, for a clambake he had sent to her. It was a special note for Mr. Berkowitz. Julia Child was […] 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.