Building Wealth

Why You (Unfortunately) Can’t Trust Your Broker

Doc’s note: Blindly trusting a broker is one of the worst investing decisions you could make. Remember, no one will look out for you better than you. That’s why today, I’m sharing an essay from Dr. Steve Sjuggerud in which he explains one of the biggest problems with brokers.

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Will You Outlive Your Money?

In 1928, U.S. life expectancy was about 57 years.

Today, according to the Social Security Administration, folks turning 65 this year have an average life expectancy of 84.3 (men) or 86.6 (women). What’s more, folks are living longer than ever. One in four 65-year-olds today will live past 90, and one in 10 will live past 95.

How to Do Less… and Make More

Doc’s note: I like to prepare for whatever the market might do. That’s why I always have an exit strategy with every single recommendation I make: using a trailing stop. And there is no better way of tracking your trailing stops – and potentially significantly improving your returns – than with our affiliate company, TradeStops.

That’s why today I’m sharing an essay from TradeStops founder, Dr. Richard Smith. Richard explains how doing less with your investing can actually help you make more money.

How to Make the Most of This Historic Bull Market

No trading system in the world can guarantee 100% winners…

And no trading system in the world can guarantee total protection from losses…

Read This Before You Buy Another Stock

Stocks are expensive today. The question is, what do you do about it?

Valuation matters. Buying businesses at cheap prices will always beat buying them when they’re expensive.

This Is a Universal Impulse… And a Terrible Choice

Doc’s note: We’re continuing our special holiday series, sharing our favorite issues. Today’s essay was chosen by Retirement Millionaire Daily managing editor Laura Bente…

I’m a planner. I make to do lists and mark off each task as I finish it. This practice carries over to my investing. When I’m investing in something, I want to know my reasons for investing, at what point I’ll invest, and when I’ll want to get out of the investment. This last point is one many investors struggle with – creating an exit strategy. That’s why I’m sharing this essay on the importance of knowing when and how to get out.

Here’s What a Bubble Really Looks Like

Doc’s note: We’re continuing our special holiday series, sharing our favorite issues. Today’s essay was chosen by Stansberry Research’s executive editor, Carli Flippen…

This is the most recent essay that we’re including in this series. But I chose it as my essay because it’s something that is on everyone’s mind. Every investor wants to know when this bull market is going to end. And some are even saying we’re in the middle of a bubble – we just don’t know it.

This ‘Obama Retirement Account’ Is Dead – Good Riddance

Doc’s note: Today’s essay was chosen by one of Retirement Millionaire Daily‘s managing editors, Steven Longenecker…

In 2014, President Obama launched the myRA retirement savings account. The government spent about $70 million to encourage folks to save. But folks who opened myRA accounts contributed less than half that. This past summer, the U.S. Department of the Treasury finally announced it was phasing the program out.

Why We Don’t Use ‘Get Rich Quick’ Strategies

I love it when someone calls me boring…

I’ve been fortunate enough to experience many things in my life. I worked at some of the biggest banks on Wall Street, became a board-eligible eye surgeon, made my own wine, and got my pilot’s license. I now spend my time traveling the world and sharing advice about investing and living well to my readers. This is my current passion.

Why the ‘Melt Up’ Isn’t Even in Full Swing Yet

Doc’s note: Recently, my friend and colleague Steve Sjuggerud explained that stocks are actually in the middle of a “Melt Up” and this could lead investors to enormous gains.

Today, I’m sharing an update on the Melt Up from Steve where he explains why it’s nowhere near over.