Skousen CAFE: Lazy Man’s Way to Riches

You are receiving this email because you signed up to receive our free e-letter Skousen Investor Cafe, or you purchased a product or service from its publisher, Eagle Financial Publications. [Skousen's Investor CAFE] [Forecasts & Strategies]( [Fast Money Alert]( [Five Star Trader]( [Home Run Trader]( [TNT Trader]( Lazy Man’s Way to Riches By Mark Skousen Editor, [Forecasts & Strategies]( 01/27/2022 Sponsored Content [A Greater Danger Than Kazakhstan]( Kazakhstan may be dominating the news right now.Early investors have the chance to pocket life-changing gains from Bezos's brand-new venture! But there's a tiny country 75x smaller than Kazakhstan - That has been in a decades-long conflict, some experts believe could spill over into an all out war as soon as February 21st, 2022. This war will have global implications and you could see your retirement drop 35% overnight. [Click here to see how to protect your investments NOW]( “Most people are too busy making a living to make any money.” -- Joe Karbo In the 1970s, when I was just getting started in the business world, I was fascinated with a full-page ad in a magazine which led with the title, “Lazy Man’s Way to Riches.” The subtitle read, “Most people are too busy earning a living to make any money.” I was intrigued. I sent away for the book and discovered that the author’s “lazy” formula was the mail order business. You write a provocative ad, and the money comes pouring into your mailbox without ever having to deal with customers who say no. I’ve been involved in the mail order business ever since. It’s fun and profitable. Is there any easy formula to make money on Wall Street? Investors are always looking for shortcuts and easy formulas for success. Do they exist? [Top 20 Living Economist Shares the Largest Position in His Personal IRA]( Investing legend Dr. Mark Skousen recently gave a talk to a small group in the heart of Washington, D.C. In it, he revealed the cornerstone of his retirement plan – and the one investment that helped make him a millionaire. [Click here to watch Dr. Skousen's presentation]( – and learn about “the best way to become a millionaire in America.” Thaler’s Easy Way to Save Yesterday, I told my Chapman students about Nobel Prize-winning economist Richard Thaler’s SMART savings plan, a systematic way to increase dramatically and painlessly the savings rate of American workers. It’s simple and powerful: sign up for an automatic investment plan at work, and you add hundreds if not thousands of dollars to your 401k retirement account every month. Just make sure you are invested in growth and income stocks of successful companies. Keep it simple, like investing in the S&P 500 Index fund. Your account will increase practically every year because (a) you are adding to your account with every paycheck; (b) you reinvest your dividends every quarter; and (c) when stocks go up in price, you gain. And all of this is done on a tax-deferred basis. What could be easier? A Young Widow’s Simple Formula for Successful Investing In the latest edition of “The Maxims of Wall Street,” I tell the story of the young widow who inherited a lot of securities from her deceased husband. Not knowing anything about finance, she took a very simple approach to this newfound wealth. She kept only those stocks that continued to send her regular dividend checks and sold any stocks which omitted dividends, or which didn’t pay any dividends at all. Over the years, her wealth increased dramatically, and she died a wealthy woman. See p. 184 under the section, “Dividend-paying stocks.” In my newsletter, [Forecasts & Strategies]( I recommend a number of high-dividend paying stocks that continue to raise their dividend. They tend to beat the market over the long term. As Jeremy Siegel states, “Dividends are the critical factor giving the edge to most winning stocks in the long run.” (p. 185) Mark and a subscriber read 'The Maxims' on a cruise ship. [2 1/2 Hours a Day (If You Do This)]( If you’re like most people, you’re probably working 8 hours a day (or more). I start most of my days around 9:30 am. I trade till 11 or 12 and then I'm done. It’s fun to do something that YOU control and that allows you to work only when YOU want to. And something you can do in only 2 ½ hours a day. If you want to know how I do it, [click here now.]( 'I Make Money While I Sleep' Another one of my favorite stories in “The Maxims” is “A Rich Man’s Pearl of Wisdom #3: ‘I Make Money While I Sleep.’” It tells about a group of investors who visit a retired millionaire at his estate. One of them asks the rich man, “Sir, tell us, what is the secret of your success?” He responded, “It’s very simple. You must search and find someone who will pay you while you sleep, when you are not working! That’s what I did, and it made me a millionaire.” I won’t spoil the ending for you, but it’s a very powerful lesson on how the rich man legitimately gets others to pay him while he sleeps. See pp. 187-190. Great Stories in 'The Maxims of Wall Street' My collection of Wall Street sayings is more than a book of quotations. I actually have over a dozen great short stories that offer sound advice and wisdom, such as: --Three other Rich Man’s Pearls of Wisdom: “The Story of the Rich Doctor” (28-31)… ”Two Little Words” (104-05)… and “A Young Man Takes a Journey” (206-08). --The story of Arkad, who became the “Richest Man in Babylon” (24). --Why Sir John Templeton became a better investor by moving to the Bahamas (41). --How Joe Kennedy became wealthy during the 1929 Crash (46-47). --The story of the “trading sardines” by Doug Casey (125). --Bernard Baruch’s surprise answer to the question, “How can you sleep at night with all those investments?” (172) --The time J. P. Morgan debated a doom-and-gloomer, my favorite J. P. Morgan story (220-222). And my own short story with a clever ending, “The Extra-Ordinary Life of Warren G. Hardaway” (222-255). Half Off for “Maxims of Wall Street” If you haven’t received the latest 10th anniversary edition of “The Maxims of Wall Street,” do it today! Go to [www.skousenbooks.com](. It’s priced cheaply, only $20 for the first copy, and $10 for all additional copies. They make great gifts for friends, relatives, clients and investors. If you buy an entire box (32 copies), the price is only $300. I sign all books and pay for the postage if mailed in the United States. Good Investing, AEIOU, [Mark Skousen] Mark Skousen Presidential Fellow, Chapman University [Wikipedia]( [Newsletter and trading services]( [Personal website]( [FreedomFest]( [You Blew It!] Las Vegas Made a Big Mistake Renaming Airport By Mark Skousen Editor, [Forecasts & Strategies]( The late Senator Harry Reid speaking at a John Kerry Rally The Democrats who control the Clark County Commission decided to honor Harry Reid, the late senator and majority leader, by renaming the Las Vegas International Airport in the Harry Reid International Airport. It was a big mistake to name an airport after one of the most divisive politicians in our history. Why not name the airport after Frank Sinatra, who was friends with both Republicans (Ronald Reagan) and Democrats (John F. Kennedy)? Everyone loves his music, and Sinatra was a beloved visitor and performer in Vegas. I wrote a op-ed called "A Tale of Two Senators" comparing and contrasting Paul Laxalt with Harry Reid. I demonstrate the difference between a statesman and a politician. You can read it here and decide. [( If enough people read this article, maybe we can reverse this travesty. Needless to say, when we meet at the Mirage Hotel & Casino in Las Vegas this summer, we will NOT be dedicating a room to Harry Reid. You can see why after reading my article. About Mark Skousen, Ph.D.: [Mark Skousen]Mark Skousen is an investment advisor, professional economist, university professor, author of more than 20 books, and founder of the annual FreedomFest conference. For the past 40+ years, Dr. Skousen has been investment director of the award-winning newsletter, Forecasts & Strategies. He also serves as investment director of four trading services: TNT Trader, Five Star Trader, Home Run Trader, and Fast Money Alert. To ensure future delivery of Eagle Financial Publication and emails please add financial@info2.eaglefinancialpublications.com to your address book or contact list. View this email in your [web browser](. This email was sent to {EMAIL} because you are subscribed to Dividend Investor Daily. To unsubscribe please click [here](. If you have questions, please send them to [Customer Service](mailto:customerservice@eaglefinancialpublications.com). Legal Disclaimer: Any and all communications from Eagle Products, LLC. employees should not be considered advice on finances. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized advice on finances. 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