Why I'm Not 'Doom and Gloom'

No matter how well the economy is doing, there are plenty of talking heads out there telling you the next disaster isn't far off.

The questions I receive most often are asking when I see the next market collapse coming or why I'm still bullish on the economy.

That's why a recent e-mail from a subscriber grabbed my attention. I've highlighted some of the most important parts below:

Everything you write makes perfect sense to me. And what I like the most about you is that you don't pretend to have a custom made crystal ball...

I'm also thankful to the fact that so far you have managed to stay away from the gloom & doom club. – D.P.

Thanks for the kind words, D.P. You're absolutely right... I don't know exactly what's going to come next for the economy, the stock market, or your portfolio.

What I do know is the importance of having a balanced, diversified portfolio... So no matter what comes next around the corner, you'll be prepared. That's the key to never having to worry about the future.

I don't spread fear... I help people prepare for whatever might happen in the future. That's why I teach strategies that help you grow and protect your wealth in any market.

So don't worry, D.P. I'll keep looking at the facts and avoiding the fearmongering.

Q: You've probably covered it, but I could use a refresher course.

If I have a collection of World Dominator stocks, and my interest in them is their dividends, to reinvest now and to use as an income stream at some point in the future, how/when do I put a stop of some sort on them?

Within reason, it doesn't bother me if the stock price goes down; I get more stocks for my money (reinvesting dividends), and hence my potential dividend income rises faster. On the other hand, I don't want to follow the company all the way to bankruptcy. Do you have a rule of thumb? – J.W.

A: I love dividend-paying stocks. As I've said before, "dividends don't lie." It's tough to fake a dividend for long. So I look for companies that not only lead their industry ("World Dominators") but have a long history of paying dividends. Dividends are even more powerful when you allow them to compound your wealth through reinvesting... just as you're doing.

I can't tell you specifically what to do, but in general I recommend stop losses between 20% and 25%. So if you follow my recommended allocation of putting no more than 4% to 5% of your portfolio in any one position, that limits your losses to a maximum of around 1% of your portfolio.

Q: Can I share your articles? How? – W.B.

A: Of course! I encourage people to share issues with their friends and family. Feel free to forward on the issues or send them to our website –retirementmillionairedaily.com.

But if you want to reuse or republish them in any way, please e-mail the team at
[email protected]. Our usual policy is to say yes and request that you link back to our original article and add a link to where folks can subscribe for more.

Q: I recently read that the original research on flossing was flawed. Many people, including the news people, took that to mean that flossing is not necessary. What poppycock! Flossing gets the bacteria between the teeth removed. As current research has shown that the normal bacterial flora in the mouth can cause many life threatening conditions, using floss is a no brainer.

Other methods of removing the bacteria, such as tooth picks and oral irritating devices, are effective also. This is another example of bad press. Everyone should still use something to disturb and remove the bacterial plaque between the teeth. – G.C.

A: Thanks for agreeing with us, G.C. If you remember, we're pro-flossing. When you get down to the research, the problem is that several of these studies are subject to bias or poor design.

The biggest issue is that people aren't flossing correctly. Your floss should be in a C shape, hugging each tooth as you go. Most folks just put the floss between their teeth and pull it right out, so they're missing a lot of the plaque. You can watch a demo
right here.

Getting that bacteria out of your mouth is essential for good oral – and overall body – health.
Q: How would one delete a Yahoo account? Went to the Yahoo website and I was unable to accomplish this. – D.R.

A: It only takes a few minutes and a few steps to close your account. Here's a guide that should help: https://help.yahoo.com/kb/account/sln2044.html.

Have a burning question you want answered? Let us know at 
[email protected].
What We're Reading...
Here's to our health, wealth, and a great retirement,

Dr. David Eifrig and the
Retirement Millionaire Daily Research Team
September 30, 2016