Working Millennials: Rent or Buy Real Estate?
When you’re a working Millennial, your weekends are extra valuable: Everybody’s working for the weekend. When I was the age of today’s Millennial I...
The Most Powerful Force in Investing
The most powerful force in investing is compound interest. As Charlie Munger, Warren Buffett's long-time partner once said "Understanding the power of compound return...
The Prudent Man: The Wisest Action is Sometimes No Action
What is the key to achieving the financial success you and your family deserve? Well, for one it’s about keeping it simple—Simple is Sophisticated....
Simple is Sophisticated: My Grandchildren’s “Rich as Croesus” Strategy Part II
Scene from Greek history: The deaf-mute son of King Croesus prevents the Persians from killing his father, by Salvator Rosa, c.1663-64.
Lucky you! You don’t...
Simple is Sophisticated: My Grandchildren’s “Rich as Croesus” Strategy
My father-in law Dick Young wrote this timeless issue in May 2006 in his monthly strategy report: Richard C. Young’s Intelligence Report. Check back...
Gimme Shelter: Gold vs. Apple
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[youtube https://www.youtube.com/watch?v=8kl6q_9qZOs]
Dan Mitchell: Lessons from State Tax Policy
Here Dan Mitchell of the Cato Institute discusses why some states deserve kudos for their tax policies, and some states deserve mockery.
Just like with...
The Monday Melee: Home Sales Sputter
New Home Sales Slide Again
For the third month in a row sales of new homes have fallen. The AP reports: "New-home sales slipped 1.5 percent...
What’s Working in the Stock Market this Year?
The table below ranks the 24 Industry Groups in S&P 500 by their YTD performance. What is the best performing industry group YTD? Energy,...
How to Become a Millionaire, Part II
The two most important words in investing, as I have been writing in Richard C. Young's Intelligence Report for decades, are compound interest.
Albert Einstein...