<!-- wp:heading {"level":3,"UAGDay":[]} -->
<h3 class="wp-block-heading" id="committed-to-helping-investors-increase-profits-and-reduce-risk">Committed to Helping Investors Increase Profits and Reduce Risk</h3>
<!-- /wp:heading -->

<!-- wp:media-text {"mediaId":10736,"mediaLink":"https://ns2020-investech.investech.com/philosophy/philosophy-2/","mediaType":"image"} -->
<div class="wp-block-media-text alignwide is-stacked-on-mobile"><figure class="wp-block-media-text__media"><img src="https://ns2020-investech.investech.com/wp-content/uploads/2021/08/Philosophy.png" alt="" class="wp-image-10736 size-full"/></figure><div class="wp-block-media-text__content"><!-- wp:paragraph -->
<p>Dedicated to bringing sophisticated analysis of the stock market to the average investor, InvesTech Research began national circulation of its market letter in December 1982. Today, the&nbsp;<em>InvesTech Research</em>&nbsp;newsletter has earned widespread recognition for its time-proven risk allocation strategy, as well as in-depth analysis of the Federal Reserve. From its unique blending of monetary and technical analysis to sector and asset allocation recommendations, InvesTech presents unbiased advice and a valuable perspective.</p>
<!-- /wp:paragraph --></div></div>
<!-- /wp:media-text -->

<!-- wp:heading {"level":3,"UAGDay":[]} -->
<h3 class="wp-block-heading" id="insights-that-stand-the-test-of-time">Insights That Stand the Test of Time</h3>
<!-- /wp:heading -->

<!-- wp:paragraph -->
<p>InvesTech maintains over 120 years of financial and historical market data, and has proven to be remarkably accurate at assessing market risk and advising subscribers when to be most bullish and when to be more cautious.</p>
<!-- /wp:paragraph -->

<!-- wp:image {"id":12092,"width":1024,"height":681,"sizeSlug":"large","linkDestination":"none","className":"image-zoom"} -->
<figure class="wp-block-image size-large is-resized image-zoom"><img src="https://ns2020-investech.investech.com/wp-content/uploads/2020/06/blue-mtn-shutterstock_35371720-1024x681.jpg" alt="" class="wp-image-12092" width="1024" height="681"/></figure>
<!-- /wp:image -->

<!-- wp:heading {"level":3,"UAGDay":[]} -->
<h3 class="wp-block-heading" id="your-guide-to-safety-first-profits">Your Guide to “Safety-First” Profits</h3>
<!-- /wp:heading -->

<!-- wp:paragraph -->
<p>InvesTech earned widespread recognition as one of only a handful of research services to warn of imminent danger prior to Black Monday on October 19, 1987. In 1991 InvesTech published its <em>"TORO… TORO…"</em> issue, just<strong> 10 days before</strong> the January stock market blast-off. And during the late 1990s, InvesTech consistently cautioned investors about the dangers of the speculative bubble gripping Wall Street. InvesTech’s <strong>safety-first investment philosophy</strong> led investors safely through the bear market of 2000-02, plus limited losses to half of the market decline in the 2007-2009. In March 2009, just 4 days after the bear market bottom, InvesTech boldly advised investors that they were <em>“heading toward a buying opportunity of a lifetime!”</em></p>
<!-- /wp:paragraph -->

<!-- wp:paragraph -->
<p>This distinctive approach to market analysis has led to InvesTech being frequently quoted in Barron's, Business Week, Forbes, Money Magazine, Worth, U.S. News &amp; World Report, USA Today, and The Wall Street Journal (visit <a href="https://ns2020-investech.investech.com/in-the-news/">In The News</a> to read specific articles). In 1996 Mark Hulbert (editor of the Hulbert Financial Digest) recognized InvesTech "as one of only 6 newsletters that have beaten the market on a risk-adjusted basis since inception over 10 years ago." </p>
<!-- /wp:paragraph -->

<!-- wp:heading -->
<h2 class="wp-block-heading">InvesTech Research Throughout the Years</h2>
<!-- /wp:heading -->

<!-- wp:paragraph -->
<p>The following issues were published during critical turning points in the market.  If you'd like to view InvesTech's Track Record click here...</p>
<!-- /wp:paragraph -->

<!-- wp:nextend/smartslider3 {"slider":"17"} -->
<div class="wp-block-nextend-smartslider3">[smartslider3 slider="17"]</div>
<!-- /wp:nextend/smartslider3 -->

<!-- wp:group {"className":"wall-to-wall neutral-warm","layout":{"type":"constrained","contentSize":"1000px"},"UAGDay":[]} -->
<div class="wp-block-group wall-to-wall neutral-warm"><!-- wp:group {"className":"max-wrap-80","UAGDay":[]} -->
<div class="wp-block-group max-wrap-80"><!-- wp:group {"UAGDay":[]} -->
<div class="wp-block-group"><!-- wp:paragraph {"className":"red-caps growth icon"} -->
<p class="red-caps growth icon"><strong>From the Desk of Jim Stack</strong></p>
<!-- /wp:paragraph --></div>
<!-- /wp:group -->

<!-- wp:heading {"textAlign":"left","UAGDay":[]} -->
<h2 class="wp-block-heading has-text-align-left" id="Philosophy">A Philosophy Based on Experience</h2>
<!-- /wp:heading -->

<!-- wp:image {"align":"left","id":9139,"width":336,"height":507,"sizeSlug":"large","linkDestination":"none","className":"push-left"} -->
<figure class="wp-block-image alignleft size-large is-resized push-left"><img src="https://ns2020-investech.investech.com/wp-content/uploads/2021/07/JBS-new-web.jpg" alt="" class="wp-image-9139" width="336" height="507"/><figcaption class="wp-element-caption"><strong>James Stack</strong><br>Founder and President, InvesTech Research</figcaption></figure>
<!-- /wp:image -->

<!-- wp:paragraph {"align":"left"} -->
<p class="has-text-align-left">Over the years, at least three doctrines have influenced and created my personal investment philosophy. These carry a heavy weight in all my investment decisions.</p>
<!-- /wp:paragraph -->

<!-- wp:heading {"level":4,"className":"unclear","UAGDay":[]} -->
<h4 class="wp-block-heading unclear" id="my-indoctrination-into-the-stock-market-or-baptism-by-fire-as-i-remember-it">My indoctrination into the stock market, or "baptism by fire" as I remember it:</h4>
<!-- /wp:heading -->

<!-- wp:paragraph -->
<p>It came during 1973-74 as I watched my own portfolio lose over -50%, the Nasdaq Index lose -60%, and even the stock of my bluest-of-blue chip employer (IBM) drop -58%. I also remember the despair as retirees were forced to cancel or reverse their retirement plans simply because their portfolios had lost too much. I have unending respect for those little "blips" on historical wall charts. They represent real bear markets, with big losses. And believe me, they're a lot tougher to recoup than the stories portrayed by mutual funds, asset allocators, and the media.</p>
<!-- /wp:paragraph -->

<!-- wp:heading {"level":4,"className":"unclear","UAGDay":[]} -->
<h4 class="wp-block-heading unclear" id="1-educational-and-professional-background-based-on-logic-and-reason">1. Educational and professional background based on logic and reason</h4>
<!-- /wp:heading -->

<!-- wp:paragraph -->
<p>With an engineering degree and experience as a Project Manager with IBM Research, my approach to the markets could only be analytical, rather than emotional. That can be a valuable asset in an aging bull market fueled by greed and emotion… or in a bear market seized by panic.</p>
<!-- /wp:paragraph -->

<!-- wp:heading {"level":4,"UAGDay":[]} -->
<h4 class="wp-block-heading" id="2-historical-knowledge-founded-on-years-of-research">2. Historical knowledge founded on years of research</h4>
<!-- /wp:heading -->

<!-- wp:paragraph -->
<p>I know from research that the "correct" decisions on Wall Street invariably require you to move against the crowd… and at times, against every emotional fiber in your body. It was this historical tempering that permitted InvesTech to identify the start of the huge 1991-2000 bull market (our issue titled <em>"TORO! TORO!"</em> was published on January 4, 1991) and propelled us to advise subscribers in March 2009, just 4 days after the bear market bottom, that they were "heading toward a buying opportunity of a lifetime." Conversely, it is that same tempering that forced us to step aside early, and avoid the Wall Street bubble as it popped in March 2000… devastating the average investor.</p>
<!-- /wp:paragraph -->

<!-- wp:heading {"level":4,"UAGDay":[]} -->
<h4 class="wp-block-heading" id="3-our-consideration-and-respect-for-our-subscribers">3. Our consideration and respect for our subscribers</h4>
<!-- /wp:heading -->

<!-- wp:paragraph -->
<p>Surveys show the median age of our subscriber base is 57 years. That means most are in, or within a dozen years of, retirement. It's not enough for one to ride down a major bear market with a loss of -45%, and feel "good" because the S&amp;P 500 lost -50% or more. In that respect, we are not part of the Wall Street crowd or consensus.</p>
<!-- /wp:paragraph -->

<!-- wp:paragraph -->
<p>Our goal is not merely to maximize return, but to maximize risk-adjusted-return... or provide the best possible gains for the amount of market risk taken. Our long-term track record, especially during the 1987 Crash, and 2000-02 and 2007-09 Bear Markets, has proven an ability to do just that.</p>
<!-- /wp:paragraph -->

<!-- wp:paragraph -->
<p>In our ongoing commitment to our subscribers, the staff at InvesTech Research is consistently looking for new tools and models to measure risk and determine when and when not to be an aggressive investor in the stock market. We will always try to improve our investment returns. However, you will never see us sacrifice our objective, safety-first strategy for the sake of a quick profit or the comfort of merely being a part of the crowd.</p>
<!-- /wp:paragraph -->

<!-- wp:paragraph -->
<p>Sincerely,</p>
<!-- /wp:paragraph -->

<!-- wp:image {"id":6180,"width":325,"height":44,"sizeSlug":"large","linkDestination":"none","className":"multiply"} -->
<figure class="wp-block-image size-large is-resized multiply"><img src="https://ns2020-investech.investech.com/wp-content/uploads/2021/03/JBS.png" alt="" class="wp-image-6180" width="325" height="44"/></figure>
<!-- /wp:image -->

<!-- wp:paragraph -->
<p>James B. Stack<br>President</p>
<!-- /wp:paragraph --></div>
<!-- /wp:group --></div>
<!-- /wp:group -->

<!-- wp:heading {"level":1,"textColor":"maroon","UAGDay":[]} -->
<h1 class="wp-block-heading has-maroon-color has-text-color">NEEDED - INVESTECH RESOURCES SLIDER</h1>
<!-- /wp:heading -->

<!-- wp:shortcode -->
[smartslider3 slider="17"]
<!-- /wp:shortcode -->