It's a tale I hear too often...
A subscriber discovers a story of a tech stock or a new crypto that claims it will make them 50 times their money. So he loads up on it... Even putting his savings and retirement accounts at risk.
It's one of the most upsetting things readers write in to tell me.
Yes, there are stocks out there that can soar 50 times in value. But those stocks are risky and are much more likely to go to zero. If you're not careful, you could make a mistake – like sinking too much into the wrong stock – that costs you your retirement.
That's why it pays to be smart, calculated, and patient.
But it's difficult to know what to invest in... or even how much money you should put into an investment.
That's where Austin Root comes in...
As the Portfolio Manager of our Portfolio Solutions product, Austin takes the guesswork out of investing.
At its core, Portfolio Solutions is a way for you to see exactly how we recommend building a whole portfolio using all of the research we produce.
You don't 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 businesses.
Instead, you just follow our simple, step-by-step instructions on what to buy, exactly how much to buy, and when to sell.
In fact, to follow this strategy and make sure you're never taking on too much risk again, 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.
On Tuesday night, I sat down with Austin, Porter Stansberry, and Steve Sjuggerud to show you how you can get your financial house in order this year – the easy way.
Porter, Steve, and I also shared our top stocks for 2020.
Q: My daughter keeps getting "pink eye" about every other month. Is there something that can be done to avoid this? – R.F.
A: Conjunctivitis, or "pink eye," is a fairly common – and annoying – childhood disease. But it's important to know about it, because adults certainly aren't immune.
Pink eye is an inflammation of the inner eyelid and the membrane that surrounds the eyeball. Your eye will look pink or red and feel itchy. You might also have discharge, which can cause a crusty appearance.
Most pink eye is viral, so there's little you can do except wait for your body to fight it off. Some cases are bacterial, and others are allergic. Bacterial infections may also cause symptoms of a cold, like an earache, a cough, or a runny nose. If you have any of those, you should look into getting antibiotics. If it's allergies, you would also have symptoms like sneezing or a stuffy or runny nose.
The problem with conjunctivitis is that it's highly contagious. In children, it's often due to poor handwashing. So the best way to fight it is to wash your hands often and avoid touching your eyes. Make sure any common surfaces (like doorknobs) are cleaned as well. Don't share things like towels or washcloths, and make sure you wash your sheets (especially pillowcases) after having it.
Q: Can't find the issue in which [Dr. Dedhia] mentions the specific [probiotic] name. Could you please help me? – J.V.
A: One of the probiotics Dr. Dedhia recommends is Klaire Labs' Ther-Biotic Complete. As he wrote, "I have personally seen their quality reports and have had third-party testing results to confirm their quality and purity."
You can read more about the power of probiotics – and how to get more into your diet – in Dr. Dedhia's issue, The Hidden Key to Good Health.
Q: I'm sorry if this is a stupid question but do TV's emit blue rays if they are turned off, but still plugged into wall?
I've removed my cell phone and computer as they are still technically on. Thanks in advance. – D.M.
A: That's not a stupid question at all!
There are two important topics we want to address here: blue light and radiation.
Electronics like TVs, cell phones, tablets, and computers emit blue light, which interferes with our sleep cycles. Blue light is just one color of light that these electronics emit when the screens are turned on. But it's the one that's the most disruptive to our circadian rhythm. Think of the circadian rhythm as a clock that signals our bodies when the optimal time to do something is, like falling asleep and waking up. Blue light also stops the release of melatonin – the hormone that makes you sleepy.
We recommend shutting off your screens at least an hour before bed to get your body relaxed and ready for sleep.
Radiation is its own problem...
We've known for years that radiation from things like X-rays causes cancer. That's why you have to wear a heavy lead vest when you get an X-ray in the doctor's office... and hold a lead shield in your mouth at the dentist.
The radiation from your cell phone isn't the same type of radiation you'd get from an X-ray. But it's still dangerous... Research shows electromagnetic field (EMF) radiation changes our brainwaves and may alter our DNA.
One of the biggest risks is how often we're near or on our phones.
Several surveys show people touch their phones between 80 and 150 times a day. It's likely most of us smartphone users have our phones around us the entire day. That's a lot of radiation exposure.
EMF radiation's effect on our health is a growing problem we still don't fully understand. I covered it in-depth in my report, "How to Protect Yourself From Your Cellphone and Other Devices: The EMF Radiation Protocol." In it, I discuss what EMF does to your body and how to protect yourself. Subscribers of Retirement Millionaire can read it right here. If you aren't a subscriber, you can sign up with our latest offer right here.
Editor's note: Our offices are closed for Martin Luther King Jr. Day next Monday. Expect your next Health & Wealth Bulletin issue on Tuesday, January 21.
What We're Reading...
- Did you miss it? My No. 1 stock pick for 2020.
- Something different: The New York Public Library's most checked out books of all time.
Here's to our health, wealth, and a great retirement,
Dr. David Eifrig and the Health & Wealth Bulletin Research Team
January 17, 2020