Doc's note: Time... It's one of the greatest threats that's eating away at your wealth. A dollar today doesn't get you near as much as it did decades ago. But time is also the greatest ally you have when it comes to growing your wealth.
Today, our newest colleague – from our corporate affiliate Wide Moat Research – Brad Thomas explains the value of a dollar and how time plays a crucial role in it. He also explains the money advice you should never squander...
My first life-altering investment happened right after I left Wall Street and was about to pursue medical school...
Although I had saved up years of Wall Street bonuses, I needed more than money to get into medical school. So I worked as a unit clerk in a hospital and as a University of Wisconsin lab assistant to punch up my resume for my medical-school applications.
Everyone has a hobby. But how about building a 50-story-high clock?
Namely, a clock costing you at least $42 million to make because you would build it in a mountain. And you'd design it so that it runs for 10,000 years using the Earth's thermal cycles.
Investors are often their own worst enemy...
They can't help but screw up their returns.
Anne Madison's loneliness began with her microwave...
Specifically, she realized she couldn't hear the beep of the device... Her hearing was on the decline.
Doc's note: There's one popular rule many average investors follow in the hopes of keeping their portfolio growing.
But, in today's issue, originally published in Altimetry Daily Authority, Joel Litman explains that there are exceptions to the rule...
I never mind a little constructive criticism…
Each Friday, when I write that I read every e-mail, it's true. Like this one that came into our inbox recently:
Gearing up for Black Friday deals? Well, so are the scammers...
In fact, they've been at it since last month, building thousands of fraudulent online storefronts for the unsuspecting American to "shop" at.
Doc's note: You don't need a professional to manage your portfolio for you. According to my good friend and Stansberry Research founder, Porter Stansberry, portfolio management is the surest way to boost your results.
But in today's issue – adapted from a March issue of The Big Secret on Wall Street, published by his firm Porter & Co. – Porter shares four critical concepts to help you manage your portfolio, improve its performance over the long term, and avoid big losses...
To improve your investment returns, all you need to do is die...
For years, insiders have said that an internal review at Fidelity found that from 2003 to 2013, the best-performing portfolios were those of investors who had died.