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Obie
Guest
Obie
May 26, 2010 7:32 pm

I subscribed for three years, and overall, find this newsletter rather average with some serious shortcomings.

For one thing, Dick Young likes to rant about his political beliefs. I really don’t care what those beliefs are, but I am paying for investment advice, not political advice.

Secondly, Young lists a whole bunch of investments, but he does not recommend any type of allocation. Furthermore, his exposure to equities is quite limited. So during up markets he will brag about how much % your investments grew (well, it depends on how many of the zillion selections you actually bought and also how much you had in fixed income vs. other). In down markets, he will brag about how due to his extremely conservative bent and very high % of fixed income, you lost very little money (well, again, it depends on which stocks you owned and also whether you really had 60% of your portfolio in fixed income).

Finally, some of his picks have been real dogs, yet he doesn’t advise selling them.

I would not recommend this newsletter. There are better ones that are much easier to follow.

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charles l
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charles l
June 20, 2010 4:47 pm

I subsribed to Youngs newsletter about six months ago. since then I received advertisments for additional stock recommendations that are his top picks (for hundreds of dollars more). When I suscribed I throught his monthly newsletter was his best stock choices, I guess not. I find this somewhat disgraceful if not close to being dishonest. I will not recommend nor renew my subscription.

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Wayne
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Wayne
September 13, 2010 1:03 am

Truly awful letter written by a total fraud. Aside from this fraud espousing his fascist, paranoid, tea party viewpoints in an investment newsletter nonetheless, one hears the same old broken record of how you need to buy commodities since the sky will fall tommorrow.

Doing a little more research I found that this ultra right-wing fascist lives in super liberal Key West and in fact manages no money whatsoever. He is retired and his son manages an office about the size of most peoples’ closets in Naples.

I then looked a little further and found that the few funds the son manages either have a negative return or it is in the low-single digits.

In fact, the only money this guy makes is from peddling his newsletter and maybe from Glenn Beck for following Beck’s views that Doomsday is tommorow and the only way we can save ourselves is to vote for more right-wing fascists and buy gold. In short, this guy is a fraud and a fascist- I would avoid him like the plague!

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Mark
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Mark "Sparky" Mariani
March 4, 2011 9:54 pm

Not as advertised.

The only logical explanation is the advertisement I received was created and sent to me by an independent (from Young) business who got a commission for reeling in a new subscriber. It appears to me that Young was not cognizant of the advertisement by which I judged him!

NotTerriblyHappy
Member
NotTerriblyHappy
June 11, 2011 7:12 pm