Did you know that the only investment book on my desk is Graham, Dodd & Cottles’ Security Analysis? This book has been there since I began working in 1963 and is as treasured now as it was then. The guts of investing haven’t changed much through the decades either. Compound interest, value and patience are still the key. In fact many of our highest quality investments have been successful for over 80 years. In this month’s issue, I talk about the importance of dividend yields versus stock buybacks. Also this month you will notice that the Economic Analysis and Mutual Funds Monster Master List have been revised. My goal is to provide you with content that updates more frequently and is easier to read. Make it a good month!

Tags: American Express, balance, bear, Boeing, citigroup, coca-Cola, Epoch, ETN, euro, ExxonMobil, Fidelity Nordic, general electric, harley-davidson, Honda, HSBC, illinois tool works, inference reading, johnson & johnson, Laurent, Manitowoc, Norilsk, Pespsi Bottling, Polaris, Precious Metals & Mining, Russian, sugar, Switzerland, T. Rowe Price, United technologies, Villchur, Wellesley, Wellington, yen

Of the more than 8,000 mutual funds in existence, only a handful are worthy of consideration for your investment options. The majority are just closet index funds masquerading as something unique. But there is a growing segment of the investment industry that has overtaken mutual funds and they are ETFs. ETFs have caught on in a big way. So big, that this month I am adding nine to my Monster Master List. With these additions, you can now construct a diversified ETF-only portfolio. Along with the ETFs I have one new stock, and four A-rated Preferreds to help you avoid the leveraged buyout industry taking over many BBB-rated firms. Plus, I have changed the layout for my issue to include a full two-page update of my Top Ten Countdown stocks. I’ve also added my What’s Up & What’s Down column to the main issue. I believe you’ll find these enhancements very informative and useful. Make it a good month!

Tags: Alexander, Alico, American Express, assets, Australia, Baldwin, barclays, Barrick Gold, benchmard, BHP Billiton, capital gains, citigroup, Dodge & Cox Balanced Fund, ETFs, Federated Investors, GE Capital, income tax, iShares MSCI Canada Index Fund, iShares MSCI EAFE Value Index Fund, iShares MSCI Japan Index Fund, iShares MSCI Sweden, iShares S&P Global Materials Sector Index Fund, Jardine Matheson, johnson & johnson, land, Market Vectors Gold Miners, Market Vectors Russia ETF, Merrill Lynch, Morgan Stanley, Nazis, Newmont Mining, Nomura Small Cap Japan, Norilsk Nickel, Plum Creek, Precious Metals & Mining, Preferreds, rifle, Rio Tinto, Southwest Water, SPDR DJ Wilshire International Real Estate, SPDR Russell, St. Joe, Sweden, Swiss, Switzerland, Tiffany, Unilever, Vanguard GNMA, Vanguard Short Term Investment Grade, Vanguard Value ETF, Wells Fargo, Whole foods

How should you improve your returns in the current low-growth environment? Take a look at this month’s Economic Analysis and review the year-to-date returns. This will help you understand what you’re going to need to profit from this market. With new money your focus should be on alternatives to the weak U.S. dollar. There are two components to this approach–precious metals and currency investment. I have long been an advocate for precious metals. In this month’s issue, I give you an overview of some of my top choices for foreign currency funds and four of the six countries that I feel are your best options. I also have a detailed rundown on my Top 10 Countdown along with some of our other Master Monster List stocks. Make it a good month.

Tags: aber diamond, Alcan, Alpha Natural Resources, American Express, Argentina, Australia, Big Mac, Black Hills, Bombardier, British Petroleum, Canada, citigroup, counterbalancing, Credit Suisse, currency, Dodge & Cox Balanced Fund, Federated Investors, Fidelity Canada, Fidelity International real Estate, Ford, Garmin, General Dynamics, harley-davidson, Imus, income tax, inference, iShares Australia, Japan, Jardine Matheson, johnson & johnson, NBC, Newmont Mining, Obama, Pepsi Bottling, Plum Creek, Precious Metals & Mining, reading, ruger, Russia, Singapore, Sturm, Switzerland, Syngenta, T. Rowe Price Emerging Europe & Mediterranean Fund, T. Rowe Price Japan, Tiffany, tort reform, United Kingdom, vanguard