Building Wealth

You’re Wasting Your Time Trying to Call the Top

U.S. stocks are booming. They’ve been outperforming all other markets.

They’re also getting expensive…

You’re No Warren Buffett

Stop kidding yourself. You can’t invest like Warren Buffett.

It doesn’t matter if you’ve read classic tomes like Buffett’s recommended Security Analysis by Benjamin Graham and David Dodd… studied every Berkshire Hathaway annual report… or even made the trek to Omaha, Nebraska for Berkshire’s shareholder meeting.

A New Type of Crime Will Cause This Industry to Soar

Doc’s note: Today, I’m sharing an essay from tech guru Jeff Brown, editor of The Near Future Report. Jeff explains why a new type of crime is setting one industry up for huge growth in the coming years…

In recent years, political protests turned violent have plastered the nightly news.

Four Ways to Beat Financial-Planning Stress

Forget fear… Stress is the real hurdle for retirement savings.

According to a new survey run by Schwab Retirement Plan Services, everyday financial stress keeps folks from contributing to retirement plans.

Secure Your Retirement Now With Digital Utilities

Doc’s note: In today’s essay, part of our best of Retirement Millionaire Daily series week, we’re talking about one of the easiest ways to generate safe, steady retirement income.

Imagine walking the streets of New York City in the early 1900s.

If you looked up, you could barely see the skyline. But not because of tall buildings – the world’s tallest was the Metropolitan Life Tower at only 50 stories tall. The reason: Tens of thousands of electrical wires lined the streets.

In the early days of electricity, small, unregulated power generators competed with each other for customers. Confusion reigned as demand grew for lighting and other luxuries that electricity promised. In New York alone, the market churned constantly as hundreds of startup providers with redundant networks came and went. Consumers couldn’t be sure who would provide the power from month to month or at what price. Decades later, monopolies (regulated by the government) provide power to the majority of end-users.

A similar process has happened in the digital age. Little more than a decade ago, Internet users could choose from among 10 different search engines to surf the web. Today, just a couple compete for that role. Fifteen years ago, consumers could work from multiple (and incompatible) word processing packages.

Today, you can find only a couple (and arguably only one). Consolidations and mergers have led to a handful of “Digital Utilities.” Each company is a dominant player in its sector…

Traditional utilities have been a cornerstone of retirement investing. They are considered safe-to-buy businesses that supply electricity and natural gas to every household. And utilities throw off cash dividends that can supplement a retiree’s income. I’ve owned a few utilities in my investment career, each of which supplemented my cash flows well.

But today we’re looking at a new type of utility business – Digital Utilities.

The Single Most Amazing Thing I’ve Ever Learned About Finance

Doc’s note: This week in Retirement Millionaire Daily, I’m sharing some of our most popular essays of 2017.

Today, I’m sharing an essay from my good friend and Stansberry Research founder Porter Stansberry. Porter discusses the importance of risk-adjusted position sizing and explains the easiest way to apply it today. This essay was originally published in 2015, but it’s important to protect your portfolio all the time… even when we’re in a bull market.

Where to Put Your Money for the Market ‘Melt Up’

We’ve told you for years to “ignore the Fed.”

Even Ben Bernanke, former chairman of the U.S. Federal Reserve, describes his old job as “98% talk and 2% action.”

The Stock That Could Explode Higher as Commodities Rise

Doc’s note: Today wraps up our essay series from my colleague Ben Morris, the editor of DailyWealth Trader.

Last week, Ben detailed a commodity that’s hitting a decades-long low… and why it could start to rise. Today, he shows which company stands to benefit most from an agriculture boom.

The Tide Is Turning for These Beaten-Down Assets Pt. II

Doc’s note: Today, we’re continuing our essay series from my colleague Ben Morris, the editor of DailyWealth Trader.

Last week, Ben detailed how the relationship between the dollar and commodities is breaking down. In today’s issue, he’s talking about a commodity that’s hitting a decades-long low… and why it could start to rise.

Find Your ‘Safe Haven’ in Today’s Market Frenzy

The “Big One” could devastate the American Northwest any day…

A few years ago, a Pulitzer Prize-winning cover story in the New Yorker magazine showed how vulnerable the coast is to a massive earthquake.