Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • How We Are Different
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • Your Survival Guy
  • The Great Reset
  • My Rifles
  • Concentrate on Dividend Record and Compounding
  • Your Security
  • The Swiss Way
  • Dick Young
  • Debbie Young
  • Key West
  • Paris
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Your Health
  • Old Confederacy
  • Main Street Conservative
  • BLM’s Marxist Agenda
  • Ron Paul
  • Bank Credit & Money
  • Freedom Force

How Can You Spot a Loser in Investing?

December 12, 2018 By Richard C. Young

By Panumas Yanuthai @ Shutterstock.com

Back in July 1994, I wrote:

You Has It or You Don’t.

Dressed in snakeskin, feathers, grease paint and radiant colors, New Orleans gris-gris musician, Dr. John, delivers his musical message. Funky, gumbo-tinged rhythms spiced with a Bayou flavor makes for a perennial Mardi Gras atmosphere when delivered by Crescent City favorites like Jessie Hill, Cyril Neville, Chuck Carbo, Allen Toussaint, and the eclectic Night Tripper, Dr. John.

When asked what makes the whole musical gumbo of New Orleans come together, Dr. John explains that it’s the groove of the thing, a pulse, an inner self sort of thing. Notes the Doctor, “You either has it or you don’t.”

The Rhythm of Investing

Why is it that some investors you know seem to get it right most of the time, while many more do not? No rhythm, that’s why. It’s not hard to spot a loser in the financial markets. A loser has no plan, little perspective and less understanding of the risk/reward trade-off. There’s no beat.

A winner in the financial markets, by contrast, always has a plan, has great perspective and is a keen student of the risk/reward ratio. It’s the backbeat that lays down the rhythm for the foundation of New Orleans R&B as well as for successful investing. You need the foundation.

So, to spot an investing loser, look for someone with “no plan, little perspective and less understanding of the risk/reward trade-off.” If you haven’t developed these three critical elements of a winning investment strategy, get started today. Here are three small steps you can take today towards investment success.

  1. Get a plan. If that means hiring an advisor, do so.
  2. Get some perspective. A good start can be made by signing up for the Richard C. Young & Co., Ltd. monthly client letter (free even for non-clients) at younginvestments.com.
  3. Get a better understanding of the risk/reward tradeoff by picking up a copy of The Intelligent Investor by Benjamin Graham. And if you have managed to spot an investing loser among your friends or family, the book makes a great stocking stuffer too.

Dr. John – Full Concert – 08/13/06 – Newport Jazz Festival (OFFICIAL)

Originally posted on Young’s World Money Forecast.

Related Posts

  • Investing in Water
  • Successful Investing Is a Mindset
  • Learn How Risk Reward & Time Are Related
  • Author
  • Recent Posts
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Latest posts by Richard C. Young (see all)
  • Warmongering Firestarters Victoria Nuland and Samantha Powers Back - January 19, 2021
  • Dick Young’s Safe America: Chapter 1, Part I - January 19, 2021
  • RCY’s Brand New Investing Program – 100% Swiss - January 19, 2021

Dick Young’s Must Reads

  • Victor Davis Hanson: How to Bust DC’s Stronghold
  • 751 “No-Go” Zones in France
  • To Me There Isn’t a Better Way to Live
  • The Problem in America
  • Rich Grandchild, Poor Grandchild
  • Protection While Traveling in France
  • What to Do about China?
  • Richard Feynman Solved the Space Shuttle Disaster Mystery
  • Conflict Between Democratic Sovereignty and Transnational Progressivism (Globalism)
  • Vermont Abandoned, Dairy Farm Economy Devastated

Our Most Popular Posts

  • The Coordinated Attack on Free Speech
  • Why Was the U.S Capitol Left So Vulnerable?
  • The Recklessness of Arnold Schwarzenegger
  • Who Are Those Urging Violence?
  • Who's Inciting Violence: Trump or Democrats?
  • Insurrection Was the Furthest Thing from Trump’s Mind
  • The Death of the Dollar and America's AA Credit
  • The Stock Market Is About Money Flows Not Politics.
  • Blue Dog Democrats Must Stop the Squad’s Assault on America
  • Zinc: The Gatekeeper of Immune Surveillance.

Disclosure

RSS Youngresearch.com

  • Smith Family Robinson in Live Free or Die, NH
  • Dick Young’s Safe America: Chapter 1, Part I
  • Whether Through Audacity or Ignorance, Stock Fundamentals Are Being Ignored
  • Happy Martin Luther King Jr. Day!
  • The Fed is Sacrificing Retirees to Save the Banks
  • Jim Simons’s Renaissance Technologies vs. Internet Forum Traders
  • February RAGE Gauge: Americans Focusing on What’s In Front of Them
  • Biden Plans to Spend Trillions More on COVID-19 Stimulus
  • There’s Always a Way Forward for Americans Like YOU
  • Overtaken By Nvidia, Intel Fires Bob Swan

The Recklessness of Arnold Schwarzenegger

Warmongering Firestarters Victoria Nuland and Samantha Powers Back

Smith Family Robinson in Live Free or Die, NH

Dick Young’s Safe America: Chapter 1, Part I

RCY’s Brand New Investing Program – 100% Swiss

Swiss Francs, a Store of Value

Copyright © 2021 | Terms & Conditions | About Us | Dick Young | Archives