Chris’ note: My jaw dropped when I saw the results…
Colleague Teeka Tiwari just got a third-party auditor to verify the performance of his Palm Beach Letter model portfolio. It launched in April 2011. And through June 2019, the recommendations of The Palm Beach Letter team have averaged annual returns of 123.6%. That compares with an average annual return of 10.3% for the S&P 500 over the same time.
It’s a track record even the world’s most famous investors only dream of. And it’s helped thousands of Teeka’s readers build their nest eggs. But Teeka isn’t stopping there. As he reveals below, to make a fortune without already having a fortune to invest, you need to identify massive trends early.
Teeka explains all you need to know below… including why his track record has angered some folks.
“You’re a damned liar, Tiwari.”
I see comments like this all the time.
And being no stranger to the wrath of internet keyboard warriors, I normally ignore them. I’m used to having my investment ideas attacked. So that doesn’t bother me.
I remember when I started recommending cryptos as part of a well-diversified portfolio. I thought I’d need a bodyguard with all the hate mail I received.
Or when I started recommending ways to play the private equity and collectible car markets… Again and again, I saw the hate mail pour in.
None of it bothered me. In fact, the more an investment idea of mine is hated, the more likely it is I’ve uncovered a winner.
But this particular comment got under my skin. You see, when someone calls me a liar, it’s a little different.
I can deal with you telling me you don’t like my ideas. That’s just a difference of opinion. But when you attack my reputation, that’s personal.
It all started with a “bragging” marketing email highlighting my track record as editor of The Palm Beach Letter. Apparently, my performance angered several people. Some folks flat out refused to believe my performance claims…
Since our inception on April 13, 2011, through June 30, 2019, The Palm Beach Letter’s recommendations have averaged annual returns of 123.6%. In contrast, the S&P 500’s average annual return during that same time period was just 10.3%.
So over the last eight-plus years, our Palm Beach Letter portfolio has done over 10 times better than the market. And I want to congratulate my readers for believing in me… my investment ideas… and my publisher, Palm Beach Research Group.
Together, we’ve created what I believe is the best performance of any investment newsletter I’ve ever read.
And in a bid to put the naysayers’ arguments to bed, I instructed my analysts to find a trusted third party with a history of verifying the performance of hedge funds, mutual funds, and money managers. It wasn’t cheap. We spent several thousand dollars getting to the bottom of this.
Today, I’ll share the results… and tell you what they mean for us in 2020…
The company we hired was Alpha Performance Verification Services. It’s been in the business of verifying fund performance since 2009. And it’s audited the returns of investment firms managing a collective of nearly $50 billion. So you can see this is no rinky-dink outfit.
The founder is a certified public accountant (CPA) and chartered financial analyst (CFA). And he holds a Certificate in Investment Performance Measurement (CIPM).
He has worked in compliance with a Fortune 500 company… was an auditor for a Big Four accounting firm… and has consulted for various pension plans.
On top of that, he’s a Financial Industry Regulatory Authority (FINRA) arbitrator. FINRA is the government-authorized organization protecting investors in the financial markets.
And after two weeks of putting The Palm Beach Letter’s performance under a microscope, he signed off on our investment returns. You can see the letter he sent us below…
Now, if you’re not a longtime subscriber of mine, you’re probably thinking, “Okay, Teeka, that’s great. But what are the next eight-plus years going to look like?”
That’s exactly what I want to show you today…
What I’ve learned about making money is that, to make a fortune without already having a fortune to invest, you need to identify massive trends early.
Very often, these trends are poorly understood. This lack of understanding of a trend can cause quite a bit of volatility. But I discovered that if you can get the growth trajectory of that trend right, you don’t need perfect timing.
For instance, back in the early 2000s, I knew the iPod personal music player would be an unstoppable trend. So even when my position in Apple dropped more than 30%, I didn’t sweat it because I knew the strength of the long-term trend would bail out my bad timing.
And it did. Apple went on to rise nearly 50x higher off the massive wave of consumer adoption of its iPod.
Looking ahead, it is clear to me there are two unstoppable and still poorly understood massive trends every investor should have exposure to. Just like Apple and its iPod, the companies in these trends are very volatile.
This always happens in the beginning stages of a massive trend. People aren’t quite sure if the trend will take off. So they sell at the slightest hint of a problem.
The truth is, very few people have the stomach to take the volatility that comes from owning a life-changing stock like Apple.
That’s why, when investing early in trends, I always advise my subscribers to use small, equal-dollar-amount position sizes. When you are early in a trend, you don’t have to take massive position sizes.
Think about Apple: Even just a $1,000 position when I recommended it at the split equivalent of $12 would be worth as much as $45,721 today (with dividends reinvested).
That’s the beauty of being in a trend early. You can turn a trivial amount of money into life-changing money – without putting your current lifestyle at risk.
This is my No. 1 goal for my subscribers. I want to transform their financial lives without ever putting their current financial health at risk.
And that’s why I’ve devoted my entire research team to finding ideas that can do just that.
The two key trends I expect to pick up major steam in 2020 are widespread crypto adoption and further adoption of legal cannabis.
There are forces at work that will catapult both of these “fringe” trends into the portfolios of every mainstream investor in the world.
And while it may seem as though the best days of both trends have passed, nothing could be further from the truth. We’re still in the very early days of both trends.
Even when Apple leaped 1,000% higher from my original entry price, it was still a cheap stock with massive life-changing potential. So, too, are the crypto and cannabis trends chock-full of life-changing opportunity.
If you’re looking to get exposure to either of these trends, you can start with a small position in bitcoin to get involved in crypto and a small position in the ETFMG Alternative Harvest ETF (MJ), a diversified ETF (exchange-traded fund) that covers the cannabis space.
Let the Game Come to You!
Teeka Tiwari
Editor, The Palm Beach Letter
P.S. In 2020, I’ll be on a mission to make more millionaires than any other newsletter editor in the country. But I need your help… I want to know your “freedom number.”
What’s a freedom number? It’s how much money you need to get the financial freedom to do all the things you’ve always wanted to do.
And on Wednesday, January 8, at 8 p.m. ET, I’m holding my Freedom 2020 event. I’ll reveal my No. 1 wealth-building opportunity of the new year – an opportunity that could help you secure total financial freedom in 12 months.
Do you hold any cryptos or cannabis stocks? If you don’t, are you planning to build a position before the next leg up gains steam? Write us at [email protected].