The Vanderbilt Masterclass to Investing

It boils down to one simple strategy… Published By Money & Markets, LLC. March 27, 2024 Published By Money & Markets, LLC. March 27, 2024 [Turn Your Images On] [Turn Your Images On] From The Desk of [Michael Carr]( Editor, [Money & Markets Daily]( The Vanderbilt Masterclass to Investing Money & Markets Daily, Up to 58 inches of snow piled on the East Coast during the Great Blizzard of January 1888. Commerce from the Chesapeake Bay to Maine was paralyzed. Railroads couldn’t get through the snow. And steamboats were stranded in ports and at sea. Communications stopped, as it had so many times in the past. But that wasn’t supposed to happen anymore. Telegraph lines provided real-time communications, and companies were building an ever-expanding network of wires along railroad lines. But telegraph poles broke because no one accounted for the weight of 50-foot snow drifts. William Vanderbilt saw the problem from the top floors of his Fifth Avenue palace in New York. He also saw opportunities, just as his grandfather Cornelius did when building his $100 million fortune. As investors, we can glean a valuable lesson from the Vanderbilts… The Vanderbilt Blueprint for Growing Fortunes The Commodore, as Cornelius Vanderbilt was called, started with a sailboat in 1810. Seeing growing competition from steamboats, he bought ships that used the new technology. Seeing competition from another new technology, railroads, Vanderbilt added rail lines to his empire. Decades later, the telegraph presented another chance to increase his wealth — leasing land for the lines connecting cities. In January 1888, William saw it was time to adapt again. He invested heavily in Western Union, providing funds for the telegraph company to bury its cables underground. This increased profits for the company since communications were now safe from acts of nature. William and his heirs continued making investments in new technologies as they emerged. The family bought stakes in transatlantic shipping lines as steamboats became obsolete. They invested in the companies that made railroad cars to benefit in additional ways from the tracks they owned. They were early investors in airlines like Pan Am as travelers moved to the sky. They added stakes in broadcast networks like ABC to benefit from wireless communications. The Vanderbilts added to their fortune by constantly shifting their focus to wherever technology took society. Time and again, the family displayed an uncanny vision for what would be the “next big thing” — leveraging their existing wealth and influence to gain early, dominant positions in those new booming sectors. --------------------------------------------------------------- [Turn Your Images On]( [“Infinite Energy”: New AI Tech Unleashes Largest Untapped Energy Source on Earth]( A tiny Silicon Valley company is using artificial intelligence to unleash the largest untapped energy source in the world. I’m not talking about oil, gas, wind, solar, hydro, nuclear … or anything you’ve likely heard about before… Yet this breakthrough is set to help launch an era of cheap, abundant electricity the likes of which the world has never seen. In fact, the growth here could be almost unimaginable. [To get the whole story, including details of the company responsible, click here now…]( --------------------------------------------------------------- Invest for Tomorrow The story of the Vanderbilts serves as a masterclass in adaptability and how it’s the ultimate key to not just attaining wealth but growing it across generations. As new technologies upended entire sectors, the family avoided the trap of stubbornly clinging to fading industries where their fortunes were founded. As investors in a time when change comes faster than ever, we can take this Vanderbilt example to heart. Clinging to nostalgia or arrogantly believing we've found a permanent cash-printing machine is the path to self-inflicted financial ruin. Maybe you were an early investor in Microsoft, Amazon, or Tesla. If so, you benefitted from the foresight of Bill Gates, Jeff Bezos or Elon Musk. Now it’s time to think like Gates, Bezos, Musk — and Vanderbilt. They all knew there was a risk of something new that could make them obsolete. As investors, it’s not enough to benefit from the titans of today. We have to be able to identify the titans of tomorrow. Adam O’Dell has done just that, and he’ll be sharing his latest research into who has the technology that could change our lives and create generational wealth for us if we invest early alongside the titan. Be sure to watch for more details on his latest discovery tomorrow. Until next time, [Michael Carr]( Editor, [Money & Markets Daily]( --------------------------------------------------------------- [Turn Your Images On] Durable Goods Hint at Economic Growth New orders placed with U.S. factories for [durable goods]( rose in February for the first time in three months, suggesting that firms are somewhat optimistic about the direction of the economy. February's rise also pushed the year-over-year change in orders back into positive territory. New orders might not be headline-grabbing, but it’s one of the best pieces of economic data for investors to follow. Holding stocks only when the 12-month rate of change is positive has more than doubled the returns of a buy-and-hold strategy since 1993 when the government began publishing the data. That strategy sidesteps almost every 10% drop in the stock market over that time. Tuesday's news points to better-than-average market gains with lower-than-average risk. — Mike Carr, Chief Market Technician, Money & Markets [Turn Your Images On] [(Click here to view larger image.)]( --------------------------------------------------------------- Check Out More From Money & Markets Daily: - [MAGNIFICENT NO MORE: TSLA'S FALLOUT + TECH'S NEXT TREND]( - [THINK OUTSIDE THE BOX AS OIL TURNS BULLISH AGAIN]( - [AS EV MAKERS FACE THE MUSIC, 1 STOCK CRUISES ON…]( --------------------------------------------------------------- [Turn Your Images On]( Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. 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To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or [whitelist]( within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: [( Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets permits editors of a publication to recommend a security to subscribers that they own themselves. However, in no circumstance may an editor sell a security before our subscribers have a fair opportunity to exit. Any exit after a buy recommendation is made and prior to issuing a sell notification is forbidden. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. (c) 2024 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. 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