Richardcyoung.com

Globalism Has Made America Dependent on Foreign Countries

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UPDATE 3.31.23: China sees the danger of a concerted Western effort to curb its power over global trade. The country’s communist government has dispatched Fu Cong, its ambassador to the EU, on a mission to scare the bloc’s countries away from joining U.S. efforts. Sam Fleming, Henry Foy and Andy Bounds report in the Financial […]

In Chicago, Education Connects the Dots

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In the WSJ, Jason L. Riley gives credit to mayoral candidate Paul Vallas for connecting the dots. Mr. Vallas understands that people who get a decent education are less likely to become violent criminals. “Public safety is the overriding issue,” Mr. Vallas said in a speech earlier this month. “But we will not have true […]

A Threat to Our Constitutional System

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They Will Grow Out of It? Remember the days when students who raged against society were looked upon almost fondly as harebrained fools in their 20s. They eventually would grow up and change their views before they took influential positions in state and federal government or in occupying the general counsel’s office of a Fortune […]

What’s John Kerry Doing in Mexico?

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No Irony Intended President Joe Biden’s climate czar visited Mexico last week to heap praise on Mexico’s President Andrés Manuel López Obrador. “I see wisdom in his leadership that wants to undo some of the mistakes of the past and help to promote the interests of the people.” Manuel Bartlett, aka AMLO, explains Mary Anastasis O’Grady […]

The Armed American Family: Part I

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Originally posted on March 19, 2015. The Second Amendment protects our right to bear arms. There is no downside risk in protecting the security of your family. The first rule of safety is a firearms safety course sponsored by the NRA. Firearms safety is all about education. Organizations like National Shooting Sports Foundation are dedicated […]

“I Need Preservation of Principal and Growth”

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Is there anyone more important than you? You’ve made some promises: In sickness and in health, family first, love thy neighbor, etc. You’re the reason there’s so much to worry about. But in my conversations with you, you don’t always know—you. Let me explain. You’ve worked a lifetime to get to where you are. You […]

Who’d be Nuts Enough to Have Put Money into SVB?

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Monetary Policies Pandering to Political Winds What happened to SVB? For one, how could it be a “Silicon” bank without a giant focus on “diversity, equity, and inclusion.” If, as Francis Menton suggests, you had looked at the information being put out as recently as a month ago, “you would have had to conclude that […]

For Whom Is Your Portfolio Serving?

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Pressure and prices are no friend of the Prudent Man. When there’s pressure for your portfolio to “do something,” then you’ve already lost the game. The same is true with prices. If you need prices to get to some level, then forget it. Pressure and prices? These are terms for the speculator. Someone Your Survival […]

Why Investors Should Forget Prices and Focus on Income

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Originally posted August 30, 2022. Investing can be a dangerous endeavor, especially when it depends on things we don’t control, like prices. Prices are unpredictable, yet it never ceases to amaze me how many retirees bank on the following phrase: “Well, the stock market always comes back.” Really? Allow me to add: “But not on […]