Currently set to Index
Currently set to Follow

Richardcyoung.com

The Online Home of Author and Investor, Dick Young

Cowards Loot, You Fight

By

Coronavirus Infects Stock Market: Part LV You’ve seen how quickly blue state governors go wild. Now you’re seeing the looting and burning by cowards the blue-state governors aim to protect. Is this a dress rehearsal? Consider the recklessness from blue state governors and their self-crowning press conferences, stirring up resentment from the producers of the […]

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

By

Coronavirus Infects Stock Market: Part LIV 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 numbers higher. A group of restaurants […]

Big Government Politics on the Shores of Newport and Beyond

By

Coronavirus Infects Stock Market: Part LIII Blue state governors have completely dropped the ball in the name of science, killing businesses and creating new health problems like anxiety and depression. In blue Rhode Island, we have our governor patting us on the head after a “successful” Memorial Day weekend. “The good news is, overwhelmingly, people […]

American Businesses Show the Way Forward Where Blue-State Politicians Fail

By

Coronavirus Infects Stock Market: Part LII During the coronavirus outbreak, the difference between heavy-handed local government, and private enterprises has been plain. Businesses are incentivized to protect their most important assets, their employees. Government officials are protecting their own reputations. In the early days of the virus, Leupold, an American business serving police departments and […]

“The Losses are Taking a Toll on Their Health”

By

Coronavirus Infects Stock Market: Part LI “You know what’s crazy,” a client told me yesterday, “is that investors spend more time buying a grill than picking a financial planner.” Friends of his are in deep financial trouble. The virus has made it even worse, and the losses are taking a toll on their health. Another […]

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

By

Coronavirus Infects Stock Market: Part L With casinos slowly reopening (sorry, most buffets are still closed), it looks like gamblers found a home with Nasdaq. While the world, as we know, has basically come to an end, the tech-laden Nasdaq is up a couple percent year-to-date. Welcome to Planet Hollywood. One is reminded of the […]

Update! May 2020: Why Vanguard is Too Big for YOU

By

Coronavirus Infects Stock Market: Part XLIX A new client of mine is consolidating his eight-figure fortune with Fidelity. What’s shocking is how easily he decided to leave Vanguard. “Why?” I asked him. “E.J., I haven’t heard from anyone at Vanguard in over a year,” he said. “They’re letting a quarter of a hundred million dollars […]

You Can’t Time the Market: When Hubris Fails

By

Coronavirus Infects Stock Market: Part XLVIII You can’t time the market. Don’t even try, because you just might end up being wrong. Consider commercial real estate, for example. Anyone want to buy a high rise in Manhattan? Let’s hop in our time machine and look back to 2018 when the stock market was having a […]

Where to Live in Retirement? I Got You Covered Baby!

By

Coronavirus Infects Stock Market: Part XLVII You worry about where you live in retirement. I get it. You hate the idea of leaving your kids behind. I’m here to tell you: Don’t despair, they’ll visit! But if social distancing is your concern, consider snowy Maine or New Hampshire in January. You might see a bear […]