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Richardcyoung.com

The Online Home of Author and Investor, Dick Young

The Case for Individual Stocks: Now More than Ever

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I subscribe to both Value Line and VL’s conclusion on stocks. Two weeks ago I began a formula-based buying program that I plan to continue throughout 2020. My formula is devoted 100% to stocks. I continue to build my counter-weighting fixed-income portfolio and continue to add to three fund positions. I first started buying the […]

Richard C. Young Explains: How to Invest Like Einstein

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Originally posted October 23, 2018. When asked to name the greatest invention in history, Albert Einstein responded, compound interest. Over three decades ago I started our family investment counsel firm focusing on the miracle of compound interest to help retired and soon to be retired investors just like you. My short and quick goal was, […]

Work to Make Money/Invest to Save Money

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Originally posted October 17, 2017. With the exception of the large sums of money that I invested in zero-coupon treasuries (Benham Target Funds) in the 1980s and 1990s, I have never invested based on how much money I expected to make. I work to make money. And I save to keep every dime of the […]

Coronavirus Drives NYC Urbanites to the Countryside, Angering Locals

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You read here and here the story from my country dwelling friend who woke up to find his town inundated with coronavirus refugees from New York City. They clogged the post office, stripped the local grocery store, and are causing big problems for the locals. Here’s a followup explaining that the current standoff is the […]

Coronavirus Snapped the Cord on the Market Elevator

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For the past ten years, the stock market has been an elevator that has only gone up. Now the cord has snapped. What floor are you falling from? Here’s how I explained what I call “elevator investing” some years back. I wrote: Elevator Investing Where do you want to be when the cord snaps? I […]

A Letter From and Old Friend: Trading Ammo for Postage Stamps

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Yesterday you read from an old friend of mine about his small town, invaded with New York City residents fleeing coronavirus, and their alarm as he entered the local post office without a mask on. Not wanting to wait in the lobby with the horde of freaked out city dwellers, he took a different approach […]

Is the Medicine About to Kill the Patient?

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Echoing President Trump’s recent remarks, Pat Buchanan wonders if the extreme measures being used to fight the coronavirus might not do more harm than good. He writes (abridged): “We cannot let the cure be worse than the problem itself,” tweeted the president on Sunday night, adding that, after the current 15-day shutdown, “we will make […]

A Letter from an Old Friend

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Yesterday, I received this letter from an old friend whose small-town a two-and-a-half-hour drive from New York City is being inundated with people fleeing the coronavirus. He wrote: I went into town yesterday. In almost 63 years of living in the same small town, I have to say I didn’t recognize it. The post office […]