After writing more than 300 weekly columns for Money and Markets, this one will be my last. But before I get to why, please allow me to take a brief stroll down memory lane …
I wrote my first article here back in September of 2006.
The subject? How runaway debt was about to severely impact our country’s financial landscape.
At the time, I said:
“When consumers finally reach the end of their ropes, we might just find out that the economy’s been hanged in the process.
I think a lot of folks will be in for rude awakenings. They’ll discover that retirement isn’t so pleasant or even possible on nothing but debt.”
Since I issued that prediction, we’ve seen it all come true — a debt-fueled housing implosion, an ensuing financial crisis, many years of economic pain, and the destruction of millions of retirement dreams.
Of course, I also presented some solutions back in that original column: Saving aggressively, using legal tax shelters, and favoring income-producing investments.
If that sounds familiar, it’s because I have given this same basic guidance in all of my work here ever since.
Even when others were shouting “sell” at the bottom of the stock market …
Even when the major headlines were full of doom and gloom …
And even today, with the stock market back near all-time highs.
What can I say?
I simply believe you should focus on steady returns instead of chasing “the next big thing.”
I think you’re better off managing what you have conservatively rather than being reckless.
And I know for a fact that the very best wealth-building strategies do NOT get enough attention from Wall Street or Main Street.
That’s Why This Is My Last Weekly
Column for Money and Markets …
|With a little knowledge, anyone can get to Easy Street …|
For almost seven years now, Money and Markets has been a great place to share my thoughts with you.
At the same time, I have always wanted to find a way to do more — to interact with you more frequently … to introduce new ideas and services that fit my particular way of looking at the markets … and to go out and forge new partnerships with like-minded friends and experts around the world.
Now that Dr. Weiss has given me the go-ahead to launch my own Easy Street Investing e-letter, all of those things are going to be possible.
Like Money and Markets, all my Easy Street Investing issues are going to be 100% FREE.
In fact, you’ll still get the same weekly guidance I’ve been giving you every Tuesday going forward, just under a different wrapper.
Plus, you’ll also get special columns on other days of the week, exclusive online events and conferences, and a whole host of other things that I’m working on for the immediate future.
During my many years writing here, I hope I’ve proven to you that it’s possible to make money through good times AND bad. And not just through big-picture guidance but also through the occasional column about a specific stock.
For example, back on November 4, 2008 I wrote a column about McDonald’s, saying it was:
“Proof positive that there are solid brand-name stocks that are not only holding up very well in these tough economic times, but also handing their investors richer and richer [dividend] payments.”
Remember, this was during a pretty dark period for stocks, when most folks were saying it was a good time to SELL everything!
Since then McDonald’s has risen about 80% … and that doesn’t even factor in all the dividends.
Or what about the column I wrote back in early August of 2009?
It talked about Colgate, which was trading for about $71 a share at the time.
Today, that conservative dividend payer is above $115 … capital appreciation of more than 60%.
No, I may never get a chance to talk about stocks like this in Money and Markets again.
But these are exactly the kind of opportunities I want to continue introducing you to through my Easy Street Investing division.
So I really hope that you decide to come see what I do next. Just click here to activate your free subscription and then be on the lookout for my next e-mail soon.
Thanks again for all the loyalty and warmth you’ve shown me here. I’m looking forward to returning it in spades for many years to come.
P.S. Even if you decide not to join me now, please know that you can always visit our site and sign up later. The address is: www.easystreetinvesting.com … and all of my past articles for Money and Markets have been ported over there as well.