Dan Ferris Archive
Dan Ferris is the editor of The 12% Letter, an income-focused research advisory which looks for the market's best dividend-growth stocks. He is also the editor of Extreme Value, a monthly investment advisory which focuses on the safest stocks in the market: great businesses trading at steep discounts. As a result of his work in Extreme Value and The 12% Letter, Dan has been featured several times in Barron's, the Value Investing Letter, and numerous financial radio programs around the country. Email this author.
It sure feels good to make money in the stock market. And if you’ve been invested for at least a year in the stocks I’ve labeled World Dominating Dividend Growers (WDDGs), you’ve made a bundle.
Right now, investors are fleeing bank stocks and mining stocks — the kind that tend to be very speculative. But almost every “World Dominating Dividend Grower” stock is holding up just fine these days. While the market is sinking, stocks like Coca-Cola and Wal-Mart are near yearly highs. I’m not surprised.
Now that my colleague Porter Stansberry has made national news with his dire "End of America" video, I’m hearing a major question over and over… To paraphrase a hundred emails, the question goes: If you guys are right about the "End of America" prediction and a currency crisis, why on Earth would you recommend investing in U.S.-based stocks?
I remember many years ago, in the 1980s and early 1990s, when I started investing on my own. Back then, I often read arguments by various gold bugs and libertarian-leaning economists about how the U.S. dollar was on a path to total destruction. Even then, I was often reminded that all fiat currencies meet the same fate and that the dollar would be no different. Fast-forward a few years to 1997 when I started communicating that same message for a living.