When most companies go public, they are somewhat mature. They typically have earnings and cash flow. Tech company initial public offerings, or IPOs, are a bit different. The companies are often not yet profitable.‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

AN OXFORD CLUB PUBLICATION

SPONSORED Larry Kudlow: "If You're Worried About Inflation, Do THIS Now!" Two Ph.D. professors say one approach could create a "never-ending income stream." Larry Kudlow investigates here. Editor's Note: Do you have any financial goals this year? Maybe one related to reaching financial independence? Or about growing your income for retirement? If so, Chief Income Strategist Marc Lichtenfeld has a way to help. He knows how factors like rising prices have made it difficult for everyday folks to reach their financial goals and retire comfortably... and he's got a plan to help you fight back. Marc teamed up with Larry Kudlow, former director of the National Economic Council, to develop a proven and easy-to-use plan that can help get your retirement back on track and bolster it against the threat of inflation. Click here to learn more. - Rachel Gearhart, Associate Publisher A Word of Advice Marc Lichtenfeld, Chief Income Strategist, The Oxford Club My grandfather was born in 1904. He died 30 years ago, and he was my hero. His life was the quintessential American Dream. The son of immigrants, he was very poor as a child. He started working when he was 6 years old, selling newspapers on the corner (although the age always got younger every time he told the story). He went to high school, college and grad school at night so he could help support his family during the day. My grandmother would tell us how he would come home from night school exhausted, eat a bowl of cornflakes for a late dinner and fall asleep at the table. And then do it again the next day. And the day after that... He eventually got a good job, owned a couple of companies and lived a prosperous life - enough that both of his kids chose jobs (in education) that they were passionate about, rather than picking a career for the money. Nothing was more important to him than family. He helped support his mother, mother-in-law and sister-in-law. He was generous with his grandchildren too, but what I wanted most from him was his time. You see, my grandfather owned a seat on the New York Stock Exchange through the brokerage firm that he ran with his brother and a third partner. Fortunately, before he died, I spoke with him about the markets and what he learned over the decades. My grandfather was conservative. He didn't like to speculate. He saw too many of his customers go against his firm's guidance and get blown up. Looking back on his advice, he reminds me a bit of Warren Buffett. The nuggets of wisdom that I remember most are these... SPONSORED Wall Street FEEDING FRENZY on 5G SuperStock! One stock set record revenue in 2019 due to "booming 5G demand." The $3 stock is bringing in... get this... $340K per MINUTE! Wall Street is loading up. Get the story on this 5G SuperStock right here. Buy good businesses - My grandfather was a certified public accountant and owned two companies in his life. One was a steel company that he bought; the other was the brokerage firm that he started. I asked him what he knew about steel or running a brokerage when he began. He replied, "Nothing. I knew how to run a business." He hired steel and brokerage industry experts. But he was very talented when it came to taxes and finance. I've applied that lesson to the markets. Even though stocks can be used as trading vehicles, I buy the stocks of companies that are solid businesses and that are undervalued, have strong growth prospects, or both. Invest for the long term - I can picture him shaking his head in disgust had he been around during the dot-com boom, seeing people jumping in and out of stocks and assuming they were market wizards. He believed you buy great businesses and stocks and own them for years. Pretty simple. Collect dividends - Like Buffett, he wanted his stocks to pay him dividends. By owning great businesses that paid dividends for years and years, my grandparents were able to enjoy a comfortable life in retirement. And the strategy allowed my grandmother to remain in their beautiful Manhattan apartment until she passed, more than 10 years after he did. Dividends are often (though not always) signs that a company is stable. Dividends can supplement your income or generate wealth when you reinvest them over time. And when you invest in Perpetual Dividend Raisers - stocks that raise their dividends every year - you ensure that you're getting more income each year. I've read lots of books about investing, but without a doubt the greatest lessons I've learned were from my grandfather. Leading by example, he taught me how to be a husband, a father and a man. Listening to him taught me some old-fashioned investing principles that are as effective today as they were when he was in the markets. The greatest compliment anyone has paid me came from people who knew my grandfather: They told me that I would have made him proud. I try to follow his example every day of my life. And I hope that, as I share his investing philosophy, help people make money and do it conservatively, he is looking down and smiling. Good investing, Marc P.S. Perpetual Dividend Raisers are the bedrock of a strong retirement. That's why I've dedicated my career to helping readers like you harness their power. To learn how you can build and vet your own portfolio of Perpetual Dividend Raisers - and beat the rising inflation that currently threatens more than 60 million U.S. retirement accounts - click here. SPONSORED David Fessler Called Tesla at $8 (Split-Adjusted). His New 5G Recommendation Could Be Even Bigger... This 5G company has EVERYTHING going right for it: a top-shelf management team... scores of patents... dirt cheap shares... partnerships with ALL the big telecoms... and a technology that could fast-track 5G in a MAJOR way. Get the scoop here. You are receiving this email because you subscribed to Wealthy Retirement. Wealthy Retirement is published by The Oxford Club. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. Privacy Policy | Whitelist Wealthy Retirement | Unsubscribe © 2021 The Oxford Club, LLC All Rights Reserved The Oxford Club | 105 West Monument Street | Baltimore, MD 21201 North America: 877.808.9795 | International: 443.353.4621 Oxfordclub.com The Oxford Club is a financial publisher that does not offer any personal financial advice or advocate the purchase or sale of any security or investment for any specific individual. 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