Kris’ note: In Thursday’s Dispatch, we explained how Casey Research investment expert, Dave Forest, credits traveling as a big part of his success. Today, we share more insight on this topic.
Of course, the whole COVID-19 situation stopped a lot of Dave’s traveling. But as borders reopen, and travel gets back to normal, we can expect to see him back out on location again.
And we’re looking forward to it. As Dave shares below, a big part of his success has involved flying to remote locations and getting out on the road to meet face-to-face with company execs, capitalists, and entrepreneurs.
Read on for Dave’s take on why he considers traveling to be one of the most important things he does, and why it’s directly responsible for his incredible track record…
By David Forest, editor, Strategic Trader
“Don’t go there. You’ll probably get killed.”
That’s what my table of colleagues told me in Medellín, Colombia several years ago.
We were sitting on the patio of a popular expatriate bar in the swanky Parque Lleras district of the city. Surrounded by hotels, this was where all the foreigners working in Colombia came to hang out on Friday night.
The problem was, it’s kind of a boring place. The spot where we were sitting was a mock Irish pub, filled with people in suits speaking English. Not exactly a Colombian cultural experience.
I wanted to see the real side of Medellín. By all accounts, the city boasts a rich culture. It’s home to famous painters like Botero, and it hosts beautiful architecture and boisterous nightlife.
I suggested we venture out of the Irish pub to the downtown neighborhood, Centro. It was supposedly a lot more local and a lot more fun.
None of my colleagues had ever been there. None of them wanted to go. They were happy to stay in their little bubble where everyone spoke English and every tap poured Budweiser.
So, I left my friends that night and went to Centro on my own. And it was one of the most enjoyable and memorable evenings of my life…
The More, the Merrier
The spot was great. Locals sat in tiny bars, dotted all along the streets. The music and the talk were lively – and none of it was in English.
I ended up taking a seat in a bar that turned out to be closed to the public for a wedding party. Unknowingly, I’d stepped over the chain put up to keep the public out.
When the waitress told me what was happening, I stood to leave. But before I could, the bride’s family spotted me – and waved me over.
They invited me to join the party. Everyone was pretty far into the wine at that point, so it was “the more, the merrier.”
We ate, drank, and danced into the night. I got to enjoy a Colombian wedding – even without knowing anyone involved.
My adventurous night in Medellín wasn’t a one-off. Around the world, I’ve always tried to go off the beaten track in cities I’ve visited, resulting in some unbelievable experiences.
The thing is… this exploring wasn’t hard to do. These places are easy enough to get to. They’re not dangerous or even unnerving. They’re just off the beaten track.
I believe that cultivating that sense of exploration – of adventure – is key to living a rich life.
Here’s why I’m telling you this. Over my 20-year investing career, I’ve come to realize that sense of exploration is key to wealth-building, too.
Most people just never bother finding something new. They’re content to sit in the metaphorical Irish bar, seeing the same people and the same things week after week, year after year.
When it comes to investing, that sort of thinking can be a real problem – and lose you money.
It Pays to Be an “Investment Explorer”
We all know that the old ways of growing our money just aren’t what they used to be. For decades, you could make good money from dividends on blue-chip stocks. It was a safe place to park your savings, and you got paid a 5% dividend, even 10% at times.
But today, the dividend yield on the S&P 500 has shrunk to a paltry 1.3%. It’s certainly not enough to live off of – especially as inflation picks up and the cost of living soars.
At the depth of the crisis last year, yields on the 10-year government bond were just 0.5%. That’s less than $5 on every $1,000.
But here’s the really unbelievable thing…
People still keep buying stocks and bonds. Like my friends in the Irish bar, they’re content to sit in the same old place, even when they know something’s not right.
I’m here to tell you things could be much better – but you have to go looking somewhere else.
The thing is, to find that “somewhere else” in the investment world, you have to go exploring. That’s daunting for many folks – even downright scary.
But that’s why I’ve devoted my career to bringing these opportunities to you – so you don’t have to venture off the beaten track on your own.
And if exploring the world taught me anything, it’s that there are always new, worthwhile opportunities to be found…
If you look hard enough.
The big question is, what’s the next thing?
The New Frontier in Investing
This new frontier in investing is going to make us a lot of money.
I’ve never been so confident in an investing strategy in my entire life.
Why? Because I’ve proven it over and over to my readers.
Some of my early plays in this new space have already delivered the most explosive gains of my career for readers…
Like a stellar 4,942% jump in less than two years – enough to turn every $1,000 invested into nearly $50,000.
That’s not a one-off. Another play in this new space I’ve discovered recently gave my readers 2,805% returns.
Several other of these unique investments are up hundreds of percent. It’s quite simply one of the biggest… fastest… and most reliable ways to grow your money.
The best part? Even though they’re off the beaten track, they’re nothing complicated.
They don’t require hours of learning a new investing skill. They’re not crypto or even stock options. These ultra-high-return investments are simple. You can buy them with just a few clicks in almost any brokerage account – even discount ones.
Just like I love sharing the things I discover in my travel explorations, I’m over the moon to share this life-changing financial discovery with investors. The kind of people looking for something different…
If you’re ready to get “off the beaten track” in your investment career… please have a look at my special briefing on this little-known corner of the finance world. I believe it could supercharge your returns and change your life forever. But it might not stay a secret for long.
Keep walking the path,
Editor, Strategic Trader