Readers Write

Re my concerns about the US economy in the May 13 issue

“The economic numbers you cited are scary. Have you made any adjustments in your investments in response to them?” – PL

My response: No. I haven’t. Since I favor income over appreciation as a general investing rule, more than 80% of my investments should either keep up with or beat inflation. And half of the other 20% is in precious metals – mostly gold bullion, which will likely increase in value in the coming years.