I'm Not Your Personal Trader... But I Am Your Teacher

Over my long career, I've had a lot of folks ask me to handle their money for them...

"Doc, can I just give you all my money and you do all the trading?"

I can't do that... and I don't want to. Instead, I want to teach you how to earn more income in retirement... and give you a lot more time to spend doing other things.

That's why a few years ago, I helped develop something that's the next best thing...

It's called Portfolio Solutions.

At its core, it's a way for you to see exactly how we recommend building a whole portfolio using all the research we produce.

You will no longer need to worry about mastering things like volatility-based position sizing... tracking discounts on closed-end funds... figuring out how to calculate dividends into your stops... valuing distressed debt... or spotting capital-efficient business.

Instead, you'll be able to follow our simple, step-by-step instructions on what to buy, exactly how much to buy, and when to sell.

We break down the exact number of shares to buy for a complete income portfolio. In fact, to follow this strategy and make sure you never again take on too much risk, you'll just have to hand the list to your broker or type in the stocks on your online brokerage account. It's that easy.

And of course, we tell you exactly when to sell... and where to re-allocate the freed-up capital into another position.

You'll never have to guess again whether a certain position is a "buy" or not after it has been recommended. There's no more guesswork.

If you've EVER wanted to spend less time with your finances, this is the solution.

I'm going to be sharing this whole Portfolio Solutions strategy with you LIVE next Tuesday, January 14 at 8:00 p.m. Eastern time. I hope you can join Porter, Steve, and me as we go over why we're making this big change to the business...

In fact, even if you're not interested in this kind of "done for you" portfolio... you'll still want to tune in, as we're sharing our top sectors and investment themes as we start off 2020

Don't miss it. And get your questions ready. We'll be answering them live!

Click here to reserve your spot now.

Q: I love the article, "How Nine Minutes a Week Could Save Your New Year's Resolution," but it contains links that when clicked on give an error that the links have expired.

"You can then work your way up to more difficult exercises. We've got a full list of HIIT regimens to try out in our newsletter, Retirement Millionaire. If you're already a subscriber, click here. And if you'd like to join, click here (this does not go to a long video)."

I am a subscriber and would very much to see the information in the link. – D.F.

A: Thanks for pointing this out, D.F.! Apologies for the broken links. If you're a subscriber to Retirement Millionaire, you can read our essay on HIIT and the sample exercises right here.

And if you aren't a subscriber to Retirement Millionaire, you can click here to learn more about joining.

If you're interested in some of our favorite books on HIIT, they include...

Fast Exercise by Dr. Michael Mosley

Body by Science: A Research Based Program for Strength Training, Body building, and Complete Fitness in 12 Minutes a Week by John Little and Dr. Doug McGuff

HIIT: High Intensity Interval Training Explained by James Driver

Q: I get confused when you talk about covered calls and puts. Is this different from regular calls and puts? – M.H.

A: A covered call means you already hold the shares. A cash-covered (or cash-secured) put means you have the money in your account to buy shares if you're required.

Then, you have uncovered (or naked) calls and puts. Uncovered means you're not holding shares or you don't have the money in your account to buy shares if you're required.

Selling a naked put, a cash-covered put, or a covered call is roughly similar in terms of profit and loss profiles. So you should be indifferent toward them. (The price difference is small and, when there is a difference, it's known as "skew." That's beyond our scope here.)

A naked call is one of the riskiest strategies because your loss potential is theoretically unlimited since there isn't a limit on high how the stock price can go.

Q: So, is one or two cans of LaCroix Sparkling Water every day going to wear away the enamel on my teeth? And if it will, can I lessen the effect by immediately drinking regular water after I finish a can of the sparkling water? – J.K.

A: The short answer is yes and yes. Most drinks out there have a pH that is considered erosive. The lower the pH number, the more acidic something is. Our saliva is in the 6 to 7 pH range, so anything more acidic than this can wear on the enamel of our teeth. The usual measurement for dental damage is anything 4 or below.

Carbonating drinks or adding anything citric (like lemon oil or orange juice) to them makes them slightly more acidic. But flavored waters like LaCroix are still less acidic than orange juice or soda, plus they don't have the added calories from sugar. They're not as healthy as water, but they're a better option than sodas.

We did see some recommendations to avoid enamel damage. Rinsing with plain water after imbibing is a good way to prevent damage. Another way is to make sure you're getting enough calcium in your diet. Calcium-rich foods like cheese, milk, and leafy greens help lower acid levels in your mouth, reducing your risk of enamel decay.

What We're Reading...

Here's to our health, wealth, and a great retirement,

Dr. David Eifrig and the Health & Wealth Bulletin Research Team
January 10, 2020