June 23, 2010

Happy Anniversary to...us!

Time for a stroll down memory lane: twenty years ago Boris Yeltsin was elected president of the Russian Federation, East and West Germany re-united, and Iraq invaded Kuwait. In technology, Microsoft rolled out Windows 3.0 and a guy named Tim Berners-Lee developed something call the World Wide Web. On Wall Street, broker Drexel Burnham Lambert filed for bankruptcy, while the Dow Jones industrial average hit a record high of 2,870.

And in Louisville, Ky., the first issue of the Sound Mind Investing newsletter rolled off the press.

Much has changed during the past two decades, but one thing has stayed constant: our motivation for doing what we do! SMI's raison d'etre has always been to encourage and enable our readers to become generous givers.

In our just-released 20th anniversary issue, founder and publisher Austin Pryor revisits SMI's abiding heartbeat in a piece entitled, Feeling the Father's Pleasure. It's available here — free to subscribers and not-yet subscribers alike!

Also free this month, guest writer Shannon Plate offers advice on close-to-home options that can help you trim your entertainment-related spending, and Austin explains how not all price/earnings ratios are created equal.

Rounding out our July articles (for subscribers):

We tell you how to avoid getting locked into a below-market rate in a long-term CD;
Executive Editor Mark Biller explains why competing threats to the economy are keeping each other in check — for now; and
Pastor and author John Piper answers this question: Should an expectation of eternal rewards be a motivation for becoming a generous giver?

Not yet an SMI subscriber or web member? Today's a great day to sign up! If you become a web member, you'll gain full access to the July issue — plus step-by-step details on how to implement our time-tested investing strategies.