The Final Warnings And Thoughts That Richard Russell Shared With His Subscribers

Tuesday, November 24, 2015
By Paul Martin

KingWorldNews.com
November 24, 2015

Here are the final warnings and thoughts that Richard Russell communicated to his subscribers:

“Question — What’s the best action you can look for in a stock?
Answer — A long record of increasing dividends.

A lot of lies can be told about a stock, but dividends don’t lie. In order to increase dividends, a stock must create a history of producing cash. Analysts can lie, earnings can lie, CEO’s can lie, but dividends don’t lie. A company must increase its actual earnings in order to raise dividends. The only thing better than dividends is the float produced by an insurance company. The float, plus compounding, made Buffett a wealthy man.”

Russell Passed Away Right After The Last Of His High School Buddies

“One by one, the old fighters from WWII are disappearing. A few weeks ago, I was told that my best buddy, James Salter, had died. He was the last of my high school buddies. Jim flew the F-86 during the Korean War. Jim was also an excellent, world renowned writer. His book, The Hunters, talks of a US-Russia “dog fight” and their respective jet aircraft. I’ll miss Jim and his writing. He was my last old buddy. Look him up on Google if you want. They will have more to say about it.”

The legend warned about a totalitarian government:

“One of the first things the Nazis did in Germany was take away all the guns of the citizens. This meant that the government could do anything it wanted while the citizens were unable to object. As a Jew, I am fearful of a government that has all the guns with the citizens all unarmed.”

Russell also warned about robotics displacing workers and the inability to save and retire:

“The world is caught up in an amazing array of new items. Every day we hear about some new invention that is changing the world as we know it. I wrote before that the age of retirement will be history, and new inventions will displace workers by the millions. To retire requires a large amount of savings, and the way the world is working now it’s becoming almost impossible to save.”

The Rest…HERE

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