This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Favorite Picks from 'The Forever Portfolio'

But then I had an idea. Why not write about whatever I wanted to write about? One condition was this: Every page had to be useful. But it could be useful about stocks, jobs, entrepreneurship, dieting, games, Chubb Rock, chocolate, anything. And fill it with the craziest, but true, stories and anecdotes I could think of. The other condition was: It really had to help people stop worrying. People worry about their money all the time. And if they are not worried about money, then they are worried about their looks, their jobs, their families, etc. For instance, right this second, I'm pretty sure my wife hates me, and I'm worried about it. But heck, if I read my book, I might stop worrying about that.

The first line in the book is, "I don't like to worry." Here are some of the chapter titles:
  • "Bloody Marys, Dividends, and the San Francisco earthquake"
  • "The Entire Internet Is Going Down and There's Nothing We Can Do About It"
  • "Bubble 2.0: Women's Legs and Tattoos"
  • "Diamonds, Clothes, Chocolate: Live the Good Life"
I actually had a fun time writing it, and from mid-February when I was in despair to the time when I submitted 260 pages was about three weeks. I even made a crossword puzzle from scratch and put it in the middle of the book. I never saw a book in the investing section that had a crossword puzzle in it, so I wanted to do it.

But, ultimately, it's a book where there's an undercurrent about stocks and investing. In particular, which demographic changes are going to be so overwhelming that you can buy the stocks behind those demographics right now, never think about them again, and make money over the long haul. Here are a few:

Obesity: This trend is never going away. People get more and more obese, and some $30 billion in obesity-related costs are sucked out of the GDP each year. Stock Pick No. 1: ResMed (RMD - Get Report) is my favorite play in the space. The company makes the masks that detect and help prevent sleep apnea, which is a condition that results when the neck is obstructed from breathing at night because of fat. This will not be affected by the economy, the stock market, a housing slowdown, etc. The more people weigh, the more people need sleep apnea masks, and RMD is the leader.
2 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
ALV $103.33 0.00%
CUTR $15.07 0.00%
CYNO $38.92 0.00%
GS $204.69 0.00%
HSY $92.52 0.00%

Markets

Chart of I:DJI
DOW 17,598.20 -91.66 -0.52%
S&P 500 2,098.04 -5.80 -0.28%
NASDAQ 5,115.3820 -12.8990 -0.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs