| To make it clear just how profound this is, let me give you an example. Let's say you're a golfer and the average round of golf costs you $100. You have a budget of $1,000 per year for golf (not including equipment). That means you can play 10 times per year. But now imagine that, due to inflation, a round of golf will cost you $105 next year. If your budget doesn't increase, you're down to playing nine times per year. And in a few years, if inflation remains constant, that will decline to eight times. But now imagine that you added the average yearly return (13%) that small caps have delivered to your golf budget, increasing it from $1,000 to $1,130. Not only would you be able to afford the annual bump in greens fees, but you'd also be able to increase the number of times you can hit the links to 11 per year. You'd be able to play 12 times the following year... and so on. Small caps get a bad rap. Many investors think they're super risky. And certain ones are. There are plenty of garbage companies out there. But as an asset class, small caps have a fantastic track record that goes back decades. And surprisingly, they help investors increase their buying power even during periods of high inflation. Small caps also typically outpace other stocks at the beginning of a bull market. It's a bit too early to determine whether a new bull market has started. But bull markets always follow bear markets. So if we're not in one now, we should be in one very soon. Going forward, it will be important to have small caps in your portfolio. They are likely to be the top performers in the near term. Many people think of small caps as speculative investments. But they have proven over nearly 100 years to play a vital role in allowing investors to beat inflation and increase their buying power. Good investing, Marc P.S. Small caps will be the focus of my brand-new trading service, Small Cap Select. To learn more about how small caps can be a winning part of your portfolio, click here now. | 
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