Sponsored Link: Own Gold For Less than A Penny-Per-Ounce

Stock and Investment Resources

The Investment U e-Letter: Issue # 416
Friday, March 1, 2005

Stock and Investment Resources: What I Rely On Every Day
By Dr. Steve Sjuggerud, Advisory Panelist, Investment U

“So how do you do it?” I’m often asked…

Readers of my newsletter have made money every year since it was launched in 2001, in what has been a generally bad time to own stocks. Like there’s a secret

The reality is, I simply do my homework, every day. There are certain people I rely on and things I do every day to stay on top of it all Today I’ll share my daily stock and investment resources what I do, and who I rely on.

The great thing is, all the resources I mention below can be tried out for free, or next to free (like $1 for a copy of a newspaper).

Let’s get started

My Daily Investment Schedule

First thing in the morning, I get informed. I get the bland news out of the way first I either check out CNBC (on XM Radio in my car or working out – it’s the same as the TV) or the Wall Street Journal, also in my car or working out

I don’t know if you know it but the Wall Street Journal is available in audio format daily by 6:30 a.m. from http://www.audible.com. Don’t get too excited: it’s a pretty boring version, and you need to be able to use an MP3 player, but it’s a way to use my time wisely.

Sign up for the free Investment U e-letter

Then in the office I’ll get to the good stuff one of my favorite stock and investment resources is Dennis Gartman’s daily letter (dennis@theGartmanLetter.com). This letter is expensive, but it’s commentary you generally won’t find anywhere. Dennis generally offers a few weeks free trial. I really like the Financial Times too – the peach newspaper.

Next in my investment schedule is checking in on the markets. Yahoo! Finance is great for a quick look at most things. For gold I’ll check in at http://www.kitco.com. For ETFs and closed-end funds, http://www.etfconnect.com is a nice resource.

For any deeper number crunching, like having stock prices or other stock data appear in Micosoft Excel, I use XLQ for a lot of my work (http://www.qmatix.com). It is a gem of a program. It is very inexpensive, and it saves me a ton of time. XLQCompanion is how I track trailing stops now, so I’ll open that little program up and check in there, too. (XLQ and XLQCompanion are inexpensive Try the free trial at http://www.qmatix.com.) Life would be more difficult without it.

I just got off the phone with my Dad, Dave Sjuggerud, who’s my trustworthy inside-Wall Street contact. My dad focuses on international bonds in particular, and international stocks as well. He has access to stuff I don’t. Today he gave me an update on Australia raising interest rates, and Iceland’s rates going up, too. (If you’re looking for a trustworthy advisor who can recommend some safe ways to generate high income, give my Dad a call at 407.539.1004 or send him an e-mail at dsjuggerud@lasallest.com. He’s a good guy. You’ll like him.)

Stock and Investment Resources for Commodities and Coins

When I have commodity questions that I can’t answer, I rely on commodities broker Chris Foster. If you’re Canadian (or any other nationality other than American) you ought to do business with Chris (chris_foster@scotiacapital.com). Chris called $50 oil before anyone – and it’s in print, in my newsletter, when he called it. For a while there, I was phoning him every day. I talked to Chris today, and he likes unleaded gas, for a variety of reasons too numerous to list here.

I’ve also been talking coins lately, and there are some excellent investment resources out there today in that market. Today alone, I’ve talked to Burt Blumert (burtblumert@comcast.net) who specializes in raw gold, Van Simmons (van@davidhall.com) who specializes in the nicest U.S. coins available, and Dana Samuelson (dana@amergold.com), who specializes somewhere in between. I’m grateful to have these guys as three of my four recommended coin dealers

Well, there you have a few things I did and a few people I talked to in my investment schedule today. You don’t need to talk to all these folks or read all those things in one day, of course. But you ought to get to know all of these people, and try out all of these services, at some time. The sooner the better.

Good investing,

Steve

Today’s Investment U Cribsheet

  • There are two really nice things here First of all, the stock and investment resources in today’s Investment U e-Letter are all free or pretty close to free to check out. And second of all, my good contacts are not “just for me” – they deal with individual investors like you as well. Unlike much of the investment world, where you can’t talk to the best in the business, this is different. These guys are the best, and you can phone ‘em up or send ‘em an e-mail, just like I do Again, I urge you to check them all out, it costs you next to nothing, and you have a lot to gain as part of your investment schedule

P.S. If you’re curious, the stock and investment resources I wrote about above are just that I don’t receive any compensation from any of these folks (or products) for using them or recommending them. I recommend them because they have continually proven themselves to be trustworthy products and people to me and to my readers. I’m sure my publisher would like me to remind you that any dealings between you and someone/something I mention here is between you and that person/product. The full disclaimer is below.*

Related Articles

* Note: Investment U is not a broker, dealer or licensed investment advisor. No person listed here should be considered as permitted to engage in rendering personalized investment, legal or other professional advice while acting in any capacity as an agent of Investment U. Investment U does not receive any compensation for these services. Additionally, any individual services rendered to Investment U subscribers by any person listed here are considered completely separate from and outside the scope of services offered by Investment U. Therefore, if you choose to contact any broker, dealer or advisor listed here, such contact, as well as, any resulting relationship is strictly between you and that person.

Investment U Archives




We Respect Your Privacy



What is Investment U?

Since 1999, Investment U has provided impartial, no-nonsense investment advice on how to build long-lasting wealth.



Recent Articles

 

Search Investment U


 

Platinum Services

Oxford Club
The Oxford Club
is an exclusive, global network of investors, who collectively participate in the pursuit of prosperity and wealth. The Club is renowned for its market-beating, tried-and-true investment principles.

White Cap The White Cap Report exclusively identifies companies, White Caps, which - by being among the earliest to gain traction - have secured dominant positions within untapped, billion-dollar markets.

XPR With an elite trading team at the helm, the Xcelerated Profits Report shows any investor how to "invest like a pro," using high-level, yet easy-to-execute strategies that "xcelerate" profits while minimizing risk.




What Readers Are Saying...

"Always enjoy what you have to say, and learn something new (and useful) almost every time. Thanks again for your outstanding work." Jeff K.

"I just want to say a quick thank you to Alexander Green for not only his sage advise, but his reassuring words of encouragement that we all need right now." Bryan W.