Hello Reader, A whole bunch of new subscribers joined The Daily Dirtnap this week, which tells me many of you agree that: We’ve left the low-volatility regime, and This calls for a sharp change in investing strategy. I want to address a question I received from a few people—just in case you’re thinking about joining The Daily Dirtnap but want to know a little more first. I read Street Freak / ETF 20/20 / The 10th Man… Is The Daily Dirtnap suitable for me? The Daily Dirtnap is different from almost any other newsletter—including my other newsletters! In The Daily Dirtnap, I don’t tell you to buy X or Y. I share my ideas, pretty much in real time. And when I’m buying something, I let you know 24 hours in advance. It’s more aggressive than my other letters. Actually, you’ll see some of the same big ideas across all my letters, but executed in different ways. And almost always executed first in The Daily Dirtnap. And yes, it is a bit more advanced than my other letters, and you do need to be comfortable with self-directed investing. But you do not need to be a professional investor to benefit from it. It’s kind of like reading a book—you’ll understand much more by page 30 than you did at page 1. Here’s the Thing When I first started writing The Daily Dirtnap a decade ago, the vast majority of subscribers were professional investors. That’s changed over The Daily Dirtnap’s lifetime, although I didn’t do anything intentionally to attract more individual investors. Word of mouth is a wonderful thing. I did a survey of a group of subscribers in February, and the split was 53% pros, 47% individual investors. And quite a few people added The Daily Dirtnap after receiving my other letters: “[I joined The Daily Dirtnap] to get a daily input after reading all issues of Street Freak.” —Joseph C. “Loved The 10th Man, so I decided to take the leap, no regrets.” —James F. “Started with Street Freak and wanted the daily dosage of intelligent and funny market news.”—Flavio R. “Loved The 10th Man. Found myself sharing the view of Jared on most issues and was interested to receive the Dirtnap.” —Eric K. | So, to answer the question, “Is The Daily Dirtnap suitable for me?”, I say… I don’t know! That’s your decision to make. All I’m saying is that if you’re concerned that the road from ETF 20/20, Street Freak, or The 10th Man to The Daily Dirtnap is too steep… it’s not. Find out more and subscribe to The Daily Dirtnap now Remember, the deadline on this offer to join The Daily Dirtnap is next Thursday, April 5. After that, new subscribers won’t get my “Break Glass in Case of Emergency” plan or my portfolio report (or The Daily Dirtnap mug!) You’ve seen the market action recently. It’s time to get ready or get run over—this is not a drill. Have a great weekend. Jared Dillian
P.S. About that subject line: I got an email the other day from a reader who said I should rename my “Break Glass in Case of Emergency” plan. He said I should call it the “Semper Paratus” plan. (Thank you, Carl). The “Always Ready” plan. I like this a lot, because it emphasizes that you should always be ready to “break the glass.” Sure, it’s particularly important right now. But the plan isn’t something you use in times of market stress and then discard. You need an emergency plan ready at all times. |