I am a 64 year old semi-novice investor, converting to a DGI portfolio since drinking the Kool-aid during 2012 or so, and retired from a Florida Retirement System public school district in July, 2014. I live on the northwestern Florida Gulf Coast - paradise. I'm married with three grown step children and have two grandsons, one eight and one two, both of whom color my world. I enjoy the beach, target shooting, and spending as much time in the north GA and western NC mountains as I can, hiking in the woods to the waterfalls. May your dividends be high and increase each year. Thanks for reading this.
Vishal Khandelwal is the founder of SafalNiveshak.com, a website dedicated to helping small investors become smart, independent, and successful in their stock market investing. He has 14+ years experience as a stock market analyst and investor, and 5+ years as an investing coach. Safal Niveshak, which Vishal started in 2011, is now a community of 30,000+ dedicated readers and was recently ranked among the best value investing blogs worldwide. Over the past five years, Vishal has trained over 2,500 individual investors in the art of investing sensibly in the stock market, through his blog, workshops, and online courses.
I'm a 66-year-old investor focused on dividends in a Retirement Income Portfolio.
I've been a member of BetterInvesting.org since 1982 (formerly the National Association of Investment Clubs). For many years as a volunteer I helped lead workshops to teach tools developed by NAIC to educate investors about how to do basic fundamental stock analysis. I continue to have a strong interest in investor education.
Better Investing's "four principles" have been very helpful to me:
1) invest regularly throughout your lifetime;
2) invest in growth companies;
3) reinvest earnings and profits;
4) diversify by industry and size.
Bill Bengen's "4% Rule" inspired my goal to design a retirement portfolio of individual dividend growth stocks as a way to tap only dividend income from the portfolio as long as possible rather than selling assets.
Some things I've gleaned from mentors and colleagues:
- Peter Lynch's conviction that the average person, with some study and discipline, can make good decisions about stocks;
- Louis Rukeyser's ability to ask probing questions about the market;
- From The Intelligent Investor, Benjamin Graham's focus on value;
- From Better Investing columns, Charles Allmon's skill in finding growth stocks that also had the virtues of value and income;
- Brad Thomas' analysis real estate investment trusts;
- Bob Wells' disciplined search for dividend growth;
- From The Single Best Investment, Lowell Miller's focus on quality and safety;
- David Van Knapp's ability to keep the big picture in mind when designing a portfolio;
- David Fish's dedication to monitor consistent dividend growth;
- Factoids' distillation and dissemination of mounds of data;
- Chowder's determination to buy and hold quality businesses;
- BDC Buzz's clarity about the risks business development companies;
- Tom Konrad's commitment to alternative energy investments;
- George Fisher's insights about utility opportunities;
- The Seeking Alpha community--both veterans and young contributors.
I’m Russ Thornton, founder of Wealthcare For Women, and I've been a financial advisor for over 23 years.
As a young man in college, I watched my mother go through a divorce and struggle with her money & well-being. She really needed someone in her corner to help her gain the comfort & clarity necessary around her money to live a better life. That's why my practice helps women like her do just that.
You don't have to be worried and concerned about your money anymore. Let's start creating your amazing life.
Trader & portfolio manager, from 1975 - 2001. Former head of equity trading at Northern Trust Co. in Chicago. Now a private investor, founder of a nonprofit investor advocacy firm, and private investing coach. It gives me great satisfaction to teach small investors the same skills and strategies that I used with my high net worth clients as a private wealth manager. It may be a cliche, but giving something back to the community is more rewarding to me than helping very rich people get even richer.
Simply Safe Dividends helps conservative dividend investors increase current income, make better investment decisions, and avoid risk. Brian Bollinger, CPA, runs Simply Safe Dividends and previously worked as an equity research analyst at a multibillion-dollar investment firm.
Retired Pharmacist. Call me Rose. Nose= Knows enough to know I need to keep learning and keeping a great dividend paying nest egg growing upwards. I also enjoy total return, but it is not my primary goal, it just happens to follow when buying great quality companies.
My 85+ stock portfolio is listed here by sector, largest holding by value is listed first. Updated 7/18//2017.
Consumer Defensive (16): PM, KO, GIS, MO, KMB, TGT, DEO, PG, CVS, PEP, SJM, MDLZ, BUD, CL, KHC, HSY -
Consumer Cyclical (8): NKE, MCD, HD, VFC, GPC, SBUX, TSCO,- MAT (hopefully will be sold soon using options)-
Healthcare (8): JNJ, ABBV, PFE. CAH, AMGN, BDX , MDT, BMY, -
Energy (8): XOM, RDS/B , OXY, BP. CVX, VLO, AMLP, mystery stock to be named in the future -
Tech (2): CSCO, ADP -
Industrial(6): BA, CMI, MMM, LMT, UNP, GWW -
Financial (7): MA, V, TROW, NRZ (mREIT), MET -Mystery mREIT & CEF
BDCs (5): NEWT, GAIN , MRCC, HTGC, TPVG
REAL ESTATE or Real Estate Investment Trusts (REITs) or Equity REITs:
Healthcare (3) : OHI, VTR,SNR -
Misc (13): WPC, DLR, STAG, WPG, SPG, STOR, SKT, KIM, APLE, CLDT, CIO-(new and small), -WPGpH
Telecom (2): VZ and T -
Utility (8): SO, D, XEL, MGEE, WEC, DNP, LNT, CNP -
DNP is a CEF which predominately holds Utilities.
Free pdf Download of the Book by Lowell Miller
"The Single Best Investment"
Registered investment advisor, Certified Financial Planner
Neal Frankle is the founder of Wealth Resrouces Group, a wealth management firm in Los Angeles California.
He has authored two books, “Why Smart People Lose A Fortune” and “Money Academy for Couples” He is an expert of wealth creation and preservation, retirement, insurance and credit management. He has written and/or been used as a source for Forbes, Huffington Post, Daily Finance, US News & World Report, Investors Business Daily, Clark Howard and more.
He is also the chief editor for CreditPilgrim.com and MCMHA.org – a resource for life insurance education. Wealth Resources Group manages growth and income strategies using (mostly) ETF funds based on a momentum approach.
Neal has been a Certified Financial Planner since 1994, manages over $100 million for his clients and obtained a BS Degree in Accounting from San Diego State University.
Kipley J. Lytel, CFA is Senior Portfolio Manager and Managing Wealth Advisor with Montecito Capital Management Group. His professional expertise stems from over 20 years in portfolio manager and analyst roles at private funds and investment firms. He received his Masters of Business Administration (MBA) from the Peter F. Drucker School of Management at Claremont Graduate University, where he also received his undergraduate Bachelors of Arts (BA) degree in Economics. Mr. Lytel holds the Chartered Financial Analyst® designation and is an active member of CFA Institute.
A full time investor in stocks, bonds, options, and real estate who previously worked as a financial/investment journalist/analyst. Previous industry stints include privately held SageOnline Inc. - where he held multiple positions - as well as Multex.com, acquired by Reuters, where he was an equity research editor. Aloisi is a cum laude graduate of Penn State University, currently residing in native South Central Pennsylvania with his wife and 2 children.
Income investing has become his focal interest due to the challenges that the ZIRP environment presents. Not an advocate of any single portfolio strategy, he promotes a "go anywhere" philosophy predicated on value, forward thinking, sustainability, and personal objectives. While the past may be instructive, Aloisi cautions on over reliance.
In his free time he likes to talk politics, play the piano, garden, and go antiquing. Mr. Aloisi voluntarily serves as VP of his local school board.
I am a retired professor, a retired investment adviser, and currently a private investor and full-time tennis pro. I bought my first stock in a custodial account in 1958. I am a student of history, particularly military and economic/market history. The intellectual passions of my retirement years have been markets, mathematics, and quantum theory. Recently I have found myself reading book after book on the thoughts and feelings of animals, and I believe they are subtly influencing some of my views. I have a cat I like a lot. I like to travel. I served in Vietnam.
I am a 30-year-old father of three, active duty US Marine who will soon be transitioning back to the civilian life. I began investing with my retirement in mind and mostly focus on reliable dividend paying companies. I enjoy writing for Seeking Alpha to share my ideas and create discussions with fellow investors. I firmly believe that investing should be made more approachable to the masses and strive to keep my articles simple yet informative. Being on a "fixed" but stable income and lone "breadwinner" in the house creates interesting dynamics and greatly impacts my investing approach. I currently hold in no particular order:
AAPL, BAESY, NKE, DIS, AMZN, F, O, MO, BUD, EML, MKRS, CGNX, TLRD, KR, T, VWO, XAR.
Any spreadsheets that I use will be uploaded to my Amazon Drive. Feel free to use them. The link is:
I like writing about all sorts of companies in all sorts of sectors. Recently I've been focusing my writing and even investing dollars on micro/small cap defense facing companies. I will always try to keep it simple and understandable, please hit "Follow" if you would like to read my articles in the future.
DISCLAIMER: I am not an investing professional. As a result anything that I write should not be taken as investment advice as it is my personal opinion at the time. In addition, I am not your fiduciary nor do I understand your personal financial situation. Please perform your own due diligence on any potential investment decisions.
Bachelor of Science in Nuclear Engineering from University of Michigan - 1981
Master of Science in Environmental Engineering from Washington State University - 1997
33 year career in nuclear engineering, nuclear facility construction, US government contracting, DOE weapons complex decontamination and decommissioning, DOD contingency response and forward operating base design and construction.
Avid investor for more than 30 years, 25 years of that time with the Vanguard Group.
Married with one 16 year old son.
On October 31st, 2014, I retired. Turned in the keys to the company car, gave them my computer and my account lists and joined the ranks of those who "slipped off into the sunset." I never thought in retirement that I would be this busy. It's fun. Time with the grandkids, time to perfect my cooking skills, and time to travel and check off the things on my bucket list. I should have done this a long time ago.
It is very hard or impossible to time the broad market consistently — there are no famous investors that got rich by consistently knowing what the broad market would do next. This only makes sense, as there are just too many variables in the broad market. But there are many famous investors who got rich analyzing individual securities, and this is where you should put your focus. You can get an edge in individual securities. Joe Springer was the number 1 ranked stock analyst in the world by tipranks.com. Joe is a Certified Technical Trainer, and enjoys teaching about the stock market as well as managing portfolios. If you would like to follow Joe on Twitter, his handle is @JoeSpringer.
Intrepid Leader at Maks Financial Services providing ongoing Financial Planning and Investment Advisory services. My firm and I simplify the lives of busy clients by providing ongoing financial planning and asset management. this is done by providing our clients customized, ongoing comprehensive financial planning, and customized investment advisory services tailored to the clients' needs. As a fiduciary, we have a legal obligation to put the needs and interests of our clients above our own. Specialties: fee based comprehensive financial planning, retirement planning, life insurance and protection planning.
Its all about the dividends. In my case while not needed it allows me the opportunity to grow the pile. While I realize that taxes are necessary there are too many that contribute zero. Have continued to increase my dividend collections through some closed end funds such as PCI, PDI, EOS, CII, and ETY and a Muni fund, Deutsche Managed Municipal Bond Fund Class S which I have held for several years. I manage 2 personal portfolios one income and 1 IRA, as well as my Mothers portfolio as she is 96 and my grand children of which there are 3, all dividend money is reinvested in stocks that I feel will benefit me and increase the yearly totals. Because I contribute to the RMD because of age stocks that meet the RMD requirement are transferred to the income portfolio less the anticipated tax required and the tax is paid through the collected dividends..
As SA Senior Editor, my task is to make Seeking Alpha the premier destination for financial advisors. I have worked in the FA arena since 1997, and during that time, the New York State Society of CPAs twice awarded its prestigious Excellence in Financial Journalism award to me for a monthly column I wrote on business ethics.
Previously, I reported on international news for Voice of America (where I was awarded a newsroom writing award) and prior to that worked as an editorial assistant at U.S. News and World Report.
I live with my wife and children amidst the verdant and vibrant hills and dales of Jerusalem.
Mitch Anthony, America's Retirement Coach, is the founder and president of Advisor Insights Inc. and the Financial Life Planning Institute, the leading provider of financial life planning tools and programs for the financial services industry.
For almost two decades, Mitch and his team have provided training and development for both individual advisors and major organizations throughout the world. Mitch personally consults with many of the largest and most-recognizable names in the financial services industry on both financial life planning and relationship development.
Mitch is a consistently top-rated presenter who has spoken to groups ranging from 10 to more than 10,000. He has been named one of the financial services industry's top "Movers & Shakers" for his pioneering work. Through the Institute, he has partnered with Texas Tech University, the University of Georgia, and Utah Valley University to develop financial life planning programs for their undergraduate programs.
Mitch is a sought-after expert for the media, and a regular columnist for Financial Advisor magazine. His columns have appeared on CBS MarketWatch and in the Journal of Financial Planning. His original comic strip “Stanley Brambles, CFG (Certified Financial Guru)” appears monthly in the print edition of Research magazine. Mitch is also host of the daily radio feature, The Daily Dose, heard on over 100 radio stations nationwide.
Mitch is the author of many groundbreaking books for advisors and consumers, including perennial bestseller StorySelling for Financial Advisors, cited by "Financial Advisor" magazine as the number one "must-read" book for financial professionals. Mitch's other books include The New Retirementality (now in its 4th edition), From the Boiler Room to the Living Room, Your Clients for Life, Your Client's Story, and The Financial Lit-Kit (The Cash in the Hat, The Bean is Not Green, and Where Did the Money Go?). For information on these books and more resources, click here. Contact Mitch at firstname.lastname@example.org.
I'm a retired electrical engineer and adjunct professor of math and engineering. I am also working on an engineering book.
I have been investing for over 30 years, starting off with stock index funds, bond funds, and stable value funds and later migrating in part to dividend paying stalwarts as retirement approached. I typically use a "buy and hold" strategy with an eye on the long-term.
I am a member of the "Apple cult" so until it is proven otherwise that Apple is not a great company that develops and sells great products that people love I will continue to buy their products and own their stock.
Seeking alpha has been one of the "go-to" sites for the investors in our family. We would like to strike a perfect balance between short term trading and long term investing, hence the name "Tradevestor".Good luck investing. In the interest of full disclosure, this is a group account handled by Father and Son. The Father was a trader for quite a few years years with mixed returns, while the son started out a few years ago with DGI and has slowly convinced the Patriarch towards investing rather than trading.
Disclaimer: Please do your own due diligence before buying or selling any stock. Ideas and thoughts presented in the articles are not professional recommendations.
Dirk Cotton is a retired executive of America Online (AOL) who loves to spend time with his family, fly fish, shoot sporting clays, attend college baseball games, sail, follow the Wildcats, and write. He currently runs a personal financial planning service, JDC Planning, LLC, in Chapel Hill, NC and blogs about retirement finances at TheRetirementCafe.blogspot.com. Recognizing that the median savings for a family approaching retirement age is less than $100,000 and that half of those households have no retirement savings at all, his writing and practice focus on retirement finances for the “unwealthy,” which is the vast majority of the middle class. Dirk is the author of two books, Retiring When Your 401(k) Fails and Locally Groan, a book about growing up in the South. He holds a bachelors degree from the University of Kentucky in with a topical major in computer science, an MBA from Marymount University and a Certificate in Financial Planning from Boston University.
Anthony is a private investor and Owner/Author of the blog The Struggling Millennial, which is geared toward today's generation of young adults and their struggle to achieve financial independence. Anthony prides himself on being self-taught and self-made, and regularly encourages individuals to take control of their own lives through the use of simple, straight-forward investment principles that the average person can understand and actively use to evaluate the financial health and performance of their investments.
Anthony is an electrical engineer who works full-time managing multi-million dollar projects for one of the larger construction firms in the Philadelphia area. Anthony believes the most difficult part of our individual journeys toward success and freedom is simply building the courage to get started, but once started, if we maintain our persistence, the sky is the limit.
I am an essayist who writes primarily about Burkean conservatism, capitalism, and the concept of durable independence. I specialize in investment theory, Iowa politics, education, and family travel. My interests range from home and furniture restoration, to scuba diving, cycling, camping, and gardening. I also like to write about connections I see between literature, philosophy, art, history, and current affairs. I hold a master’s degree in politics from Iowa State University, graduated magna cum laude and was the recipient of Iowa State’s graduate research award in in 2015.
I have worked as a teaching assistant (ISU), a fiction writer (Losing Latitude, Symptoms of a Broken Heart), a political blogger (Des Moines Examiner), a hospitality auditor (Hilton), a publisher (Remarco Publishing), a vending machine repair man, an antique furniture restorer, and a swimming instructor. As an undergraduate, I worked full-time overnights at a gas station to pay for school. For the last six years, my primary job has been as a stay-at-home dad to two children ages six and four.
I am currently working on a book about the definition of conservatism and the value of durable independence, as well as laying the groundwork for a non-profit that focuses on land conservation and utilization in Iowa. In 2016 (when my youngest starts school) I’ll be looking for teaching opportunities in central Iowa or administrative work in higher education.
I joined Seeking Alpha as a Senior Editor in June 2012, and left to pursue other opportunities in late 2016. I managed the Dividends, Income & Retirement and Expert Insight platforms. D&I focuses on income investment strategies and dividend investment-focused content for investors from the accumulation stage to retirement. The purpose of Expert Insight is to expand and elevate the quality of Seeking Alpha's content by including articles from an industry insider's point of view, designed to help investors make more informed decisions as they consider specific sectors and trends within those sectors for their investing strategies, e.g., utilities or technology. Expert Insight articles offer more of a macro, 30,000-foot-view that goes beyond investment analysis or stock recommendations. I also curated the Dividends & Income Digest, a bi-weekly publication that takes a look at a question that is compelling and relevant to the community, showcases the responses of DI thought leaders, and serves as a round-up of top DI articles. I have a particular interest in retirement-related content, particularly with regard to using a dividend strategy to create a steady income stream for those golden years.
Ranked #18 overall blogger by TipRanks for 2014. University of Virginia, class of 2011 B.A. English I am a young investor focused primarily on dividend growth stocks. Seeking Alpha, and more specifically, the dividend and income community that exists here, has played a significant role in my development as a portfolio manager. I am not a professional, though I do manage my family's finances. I enjoy the process; the research, the decision making, the strategic planning...and not paying a financial adviser to do the work for me. I've built what I believe to be a conservative, diverse, and balanced dividend growth portfolio currently consisting of 65 positions. Thus far, I've been able to meet by goals from income, income growth, and capital appreciation standpoints. I use a wide variety of metrics, both fundamental and technical, when establishing fair value when doing my due diligence on an individual company. All of my methods are discussed in my work here. I hope this work inspires debate, conversation, and education - this is why I write for Seeking Alpha, to give back to the community that has helped me so much and to hopefully contribute, in some way...even if its by posing a question, to the growth of others.
*I should note that all articles that I write here are done so for my personal informational/educational purposes only. Any purchases that I make or opinions that I express are not meant as recommendations for anyone else. Please perform your own due diligence before following my lead into or out of a position. I am not a professional. I enjoy investing and the open discussion that articles on this site inspire - this is why I write, not to influence anyone else's decisions, but to enhance my own ability to make sound financial choices. That being said, I wish the best of luck to everyone. May we all meet our own financial goals.
I’m an early 40′s Internet entrepreneur that launched several dot coms with varying success in each. At the very least my living has been made online for the past 18 years and at the most I had a fun time in each venture.
I began seriously investing for dividend income around 2007 when my business at the time was literally falling off a cliff, as most of the world was starting too as well, when my need for another income stream became more apparent. I have always known the benefits of dividends from my very first stock purchase back in 1988 but wasn't yet sold on the concept of tying up my money indefinitely purely for a dividend income stream. It was around that time that I learned about Dividend Aristocrats and Dividend Champions when it all just made sense. I could literally see the effects of compounding dividends from these select companies and thought a nice diversified portfolio could provide me with a decent to excellent income stream decades down the road.
If you are interested in any of my digital utility solutions to add to your investing tool box to improve your investment outcomes, please visit my site
You'll find elegant applications that make it simple for you to track your portfolio in real time, make a watch list to follow in real time, track your dividend income and growth, and other applications. These applications will allow you to set alerts at prices you choose in order to obtain the yield and income that you want. They function as real time trade assistants and will improve your investment performance. You can even mirror the successful FTG Portfolio with "My FTG Mirror Calculator", and subscribers can mirror the premium subscriber portfolio with "MY RODAT Mirror Calculator" if they wish to emulate the out performance we've achieved in capital and income growth.
I am a retired clinical psychologist, and administrator and owner of a rehabilitation clinic we founded 40 years ago. For over 55 years I have managed several portfolios composed of investments accumulated over our professional careers. Since the financial crisis of 2008, I have employed specialized, customized dividend growth strategies aimed at enhancing and growing a dividend income stream.
Since December 24, 2014, I have demonstrated on Seeking Alpha the ongoing construction and portfolio management of the Fill-The-Gap Portfolio aimed at highlighting strategies investors may utilize to close the gap between an average Social Security benefit and the much greater costs faced in retirement.
This portfolio has outperformed all of the broad market indexes by a very wide margin, growing dividend income and total portfolio value consistently while the broader indexes struggle in negative territory all year.
Aside from free articles available to the general public, additional early-access, value-added ideas and deep-dive articles are offered to paid subscribers on my premium SA platform, "Retirement: One Dividend At A Time"
Let me show you how to build and grow your portfolio and dividend income, step by step, towards a comfortable and secure retirement.
Mr. Berger is the creator and developer of the YDP screening tool, a chart system and its analysis for screening and monitoring dividend income equity investments. The recipient of Seeking Alpha's Outstanding Performance Award, he also has been Seeking Alpha's #3 ranked Author for Income Investing Strategy & #4 for Utilities.
20 years of sitting in the board room gives me unique insights into Oil & Gas investments and corporate deal making in general. Additionally, he offers a Premium Research subscription service for boosting income while reducing market risk using covered option writing on a dividend income equity portfolio.
Residing in Brazil gives me a local's inside view on the pulse of its economy, politics, investment climate and breaking news. A view of my front yard is available here.
A former Chief Operating Officer, Director, Vice President and General Manger of Oil and Gas for Southern Pacific's Oil and Gas Operations, Business owner, geologist, and cribbage player, I've been an investor for over 48 years (started young at 13) and learned my lessons the way that makes them stick, by hard knocks and both big and little mistakes. Hopefully I can share some of those lessons with others.
I am an American expatriate that decided to retire at age 57 in 2009 and now live in Brazil. As an early retiree I invest for income and manage portfolio risk by screening for strong and reliable historic data along with favorable fundamental and technical current trends.
I spend 6 months/year living at home in Brazil and 6 months/year traveling the world. I have structured my financial positions so that I live virtually tax free with much of my income exempt from US tax since I live ex patriot and a lot of my US derived income over the annual ex-patriate exemptions is held in my tax free ROTH and tax deferred IRA/SIMPLE plans. This enables my tax savings to pay for my 6 months of annual traveling :) .
My investing is for income and appreciation with a balance of low to moderate short term risk and low long term risk. To accomplish this I use quality dividend payors with a long track record of steady or increasing dividends along with slowly appreciating equity prices. I target a 6 to 9 % yield and almost exclusively require a minimum history of 5 years of steady/increasing dividends and no decreases in dividend ever or at least past 10 years. I diversify through sector, country and currency unit the stocks are traded in, and security type (equity, royalty trust, REIT, mlp, etf, and ADRs).
I use covered call writing to enhance my portfolio yield with no added risk. In fact, it lowers the risk substantially. Once I identify a stock I want to own and an entry price for it, I write cash covered puts at or below that entry price (with a minimum of 1%/month time premium. Thus i obtain at least a 12% annualized yield before compounding just from the option premium.
Likewise, I use the sale of cash covered puts to generate income and and generally get an entry point at 5 to 10% below my acceptable entry level price if/when the put stock does get presented. Thus my strategy provides a 12% pre compound yield on cash and entry into stock purchases at a 5 to 10% discount from "retail".
Because I only select stocks that I am willing to hold long term for their reliable dividend yields of > 6%, I am not concerned much with market volatility or short/midterm risk. Indeed, market volatility is my friend since it increases the premiums paid on the options I sell. I also selectively sell covered calls on positions I hold long so as to add to my yield that way while not taking on any additional risk.
This strategy has kept me happily living off my portfolio income and traveling 1/2 the year while my portfolio has been slowly increasing in value even after my harvesting income for living expenses. Of course my income will incrementally increase when social security kicks in for me in a few more years and I may then slightly mofidy my goals and strategies.
Readers can get an e-mail once a day from Seeking Alpha that lists all newly published articles of ALL the authors they follow in a single e-mail. To get these updates:
- a - Click "Alerts" along the top menu tab (just left of the green PRO tab)
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Founder of Investing Sidekick, a website that provides stock reports and analytical spreadsheets for investors. He has been working as a research analyst for 10 years and aims to share his analysis and insights with private investors.
Wall Street Breakfast, Seeking Alpha's flagship daily business news summary, is a one-page summary that gives you a rapid overview of the day's key financial news. It's designed for easy readability on the site or by email (including on mobile devices), and is published before 7:00 AM ET every market day.
Wall Street Breakfast readership of over 900,000 includes many from the investment-banking and fund-management industries.
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Tom Vaughan was 12-years old when his math teacher gave each student $3,000 of Monopoly money to buy and sell stocks. He was told that, at the end of three months, the students with the top returns would be given a special field trip.
Growing up in Silicon Valley and watching the tremendous wealth created by the stocks of some of the world’s greatest companies, inspired him to learn about investing in the stock market. He went home and told his parents about this contest, and they took him to see his grandfather, who was an avid stock market investor. He sat Tom down with the stock listing from the local paper, showing him what he looks for in a good stock. Together they picked three stocks to buy and then they would meet every week to track the progress. This was the genesis of Tom’s life-long interest in investing.
At the end of the contest, they lined the students up on the playground by rate of return. Tom was at the front of the line. He had won the contest. Interestingly enough, the special field trip that he qualified for was a trip to Alcatraz. This is an interesting place to take a budding financial professional. Perhaps, more of our country’s financial professionals should have started this way.
His grandfather was so excited by his interest in investing that they continued to work together on Tom’s investing education. Unfortunately, only two years after helping Tom win the investing contest, his grandfather passed away. He had lost his investing mentor.
Tom then saw what happened to his grandmother. His grandparents had a traditional relationship. Tom’s grandfather handled all of the money and his grandmother was given an allowance to handle the household needs. Although Tom’s grandfather was one of the best investors he have ever met, his grandmother did not have any idea what was in her portfolio and when his grandfather passed, away chaos ensued. He was determined at a young age to help people with investing advice. His advice and outlook has always reflected having his grandmother as his first client.
In 1987, he went to work for a Wall St. investment firm called First Investors. Anyone with a conscience will only last a few years at a firm like this. For example, the firm had its own mutual funds. Everyone worked on a straight commission and the firm would pay twice as much commission if you sold one of its funds versus another company’s funds. The pressure from management to sell these funds regardless of how they performed was intense. This was not a place for his grandmother’s portfolio.
He left and started his own firm, Retirement Capital Strategies (RCS). He selected LPL Financial to clear his business because they did not have any of their own investments, thus reducing the conflict of interest. As his own boss, he did not have to worry about pressure from management to put the wrong things in his clients’ portfolios.
This concept of independent, no conflict of interest, client-first financial advice was wildly successful. RCS was one on the fastest growing Financial Planning and Money Management firms in the country. RCS eventually ended up with three offices in San Jose, Danville and Napa. Over a 26-year period, Tom personally performed over 6,000 financial plans and managed hundreds of millions in assets for over 700 clients. His advice on this website is based on the extensive experience of working with these real life clients.
Over time, he was still dissatisfied with the massive conflicts of interest that exist in the financial advice industry as it stands today.
He saw an opportunity to create a completely new conflict-free, low-cost advice model. He decided to risk everything, cash out of his Financial Planning practice, and show people how to become self-sufficient investors.
By closely watching the investment advisory business, he saw an opportunity to help self-sufficient investors by creating a conflict free, no market-timing set of investment newsletters that contain portfolios of the lowest cost ETFs for the self-sufficient investor to replicate. He also gives ongoing advice on when to replace a portion of the portfolio with a better alternative, when to perform a rebalancing, and educational information on the Remonsy Retirement Income Builder program. All of this advice is designed to help you improve your retirement and help you become a more self-sufficient investor.
The same advice that he charged his clients an average of $4,000 per year is now available in his newsletters.