Richardcyoung.com

The Online Home of Author and Investor, Dick Young

Robo-Advisors: When You Have a Lot More to Lose than Money

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Update 5.2.22: Just when you thought robo-advisers couldn’t get worse, they’re marrying up with ESG investing, which you know from here, here, and here that you should avoid. The target of these two investing fads? Young people, of course. The Wall Street Journal reports: More young adults are looking to invest in ESG, but many […]

You Need to Seek Some Shelter for When Things Get Ugly

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Coronavirus Infects Stock Market: Part LVI Originally posted June 1, 2020.  “Requests for driving directions on Apple Inc.’s Maps app are back around mid January levels, while data from Dutch location technology firm TomTom International BV show traffic congestion gradually climbing in some late U.S. cities, though it is still down substantially from March levels […]

Welcome to Phase 3 in Rhode Island: Bring Your Permission Slip

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Coronavirus Infects Stock Market: Part LXII Welcome to Phase 3 in Rhode Island, where front-page news is “Weddings, Movies, Music (are) on with Masks,” and “A New World: Should the Columbus Statue in Newport be Removed?” Talk about pressing matters. You’re in Rhode Island now, where the governor has gone wild. That’s right, Gov. Gina […]

Life Changes Fast: Need a Boost? Here’s Why I Did

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Coronavirus Infects Stock Market: Part LXI You know, as Your Survival Guy, I’m the guy who gets into tough situations only to discover how ill-prepared I am. You know, like when my backyard almost burned down when a tree landed on telephone wires, breaking the pole at the top, sending the distribution transformer, aka “pole […]

“Good Golly Miss Molly!” You Own a Bank?

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Coronavirus Infects Stock Market: Part XLIV Originally posted on May 12, 2020.  When you visit me in Newport, R.I. you’ll need your GPS. Our office is at 98 William Street, but you’ll never find a number on our building. We like it that way. The privacy. The building? It’s beautiful. It’s brick with ivy climbing […]

The Unintended Consequences of Governors Gone Wild

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Coronavirus Infects Stock Market: Part XXXIII Originally posted on April 23, 2020.  As some states inch their way back to a soft-open, there will be plenty of losers, many of whom have done nothing wrong and who are healthy. Think about Rhode Island Gov. Gina Raimondo’s comments yesterday telling businesses they’ll have to allow employees […]

Your Retirement Life: Investing After Coronavirus

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Coronavirus Infects Stock Market: Part XXX Originally posted on April 20, 2020.  Some thoughts as you second guess your retirement (or your spouse does for you). The late Richard Russell, in remembering the Great Depression: The most valuable asset you have is a J-O-B. (You know RR from Rich Man, Poor Man, an all-time favorite […]

Get Ready: Your Survival Guy’s Guide to the Second Wave

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Coronavirus Infects Stock Market: Part LIV Originally posted on May 28, 2020.  You read the news: “Coronavirus reaches 100,000 deaths,” streaming across all forms of media yesterday and yet, not a peep just a couple of years ago when the flu killed 80,000. It’s like the media is taking a victory lap, cheering the virus […]

Your Survival Guy Escapes into the City, Uh-Oh

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Coronavirus Infects Stock Market: Part LVII Heading into a city and putting your daughter on a plane are not things Your Survival Guy likes doing, nevermind in the middle of a crisis. But sometimes visiting a cousin in Naples, FL is what an eighteen-year-old needs to do for everyone involved. Becky and I couldn’t help […]