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FutureMoneyTrends.com: Greetings and thank you for joining us at FutureMoneyTrends.com, I'm here with Tom Dyson. He bought his first stock at just 11 years old. He has worked for Solomon brothers and Citigroup in the past; more recently he wrote for Stansberry & Associates, the 12% Letter. Today he runs his own newsletter with business building legend Mark Ford. They run the Palm Beach Letter of which I am a very happy subscriber. In the past, in my youthful days; talking about 15 years ago now, I had wen to seminars and I had paid thousands of dollars for information on real estate and stock investing, and options and read countless books and I can tell you the Palm Beach Letter is the most valuable newsletter I've ever subscribed to. I hope I don't insult Tom here but it's cheap; the value you are getting to what you are paying is absolutely incredible. Tom thank you so much for joining us today.

Tom Dyson: Thanks for having me Daniel and I'm not insulted at all, that was a really nice introduction. I appreciate all of those kind words you said.

FutureMoneyTrends.com: Tom, having a very successful newsletter as well as buying stock since you were a young boy; you're known as one of the top stock pickers in the newsletter industry. Can you share with us some early losses and mistakes that you might have encountered that made you who you are today.

Tom Dyson: I've made pretty much every mistake under the sun. It cost me...I've paid my education I'll put it that way. Some of the big ones: When I was a college student I lost about $5,000 on a sports bet which really hurt me at the time; that taught me a few things about risk and speculation and controlling losses...I was betting on the England Cricket team if you can believe it. In the technology boom in 1999 and 2000 I lost a packet in there as well on one stock that I fell in love with and kept averaging down as it went to zero which kind of hurt but I learned a few lessons from that. In 2008 I thought I could time the market and I tried to buy a company with mortgage bond investments, right before the crash...it had a really high dividend yield and I was trying to play that...that hurt a little bit too but I understand how to control my risks now a lot better so that mistake didn't cost me so much. I think I would never invest or take advice from anyone who hadn't lost a lot of times in the past because it's really the only way I believe that you truly learn these very important lessons.

FutureMoneyTrends.com: When did you kind of go from a speculator; as an 11 year old boy I assume you were speculating is that correct?

Tom Dyson: The first stock I owned was Euro Tunnel which was the company that built the tunnel under the British Channel to France and it went up tons. I think I still remember the exact numbers; I paid 3 pounds 27 a share and in a year it had gone up to 12 pounds or 13 pounds. I wrote a letter to my stock broker to sell it, a real letter with a stamp and I had to send it. By the time he got the letter and executed it, it already had fallen down to 10 or 11. That was a nice little trip, I guess it was speculating because I had no idea what I was doing or any idea about that company and why it was going up. It eventually went bankrupt which is interesting. I still speculate but I don't write about them because we have a different audience and they have different requirements than I do but I still take speculation from time to time and if you do it right you can definitely make money from them.

FutureMoneyTrends.com: What is your current outlook for the U.S. economy; a lot of people are worried about severe deflation or a currency crisis. Do you have these same concerns right now?

Tom Dyson: I don't know to be honest; yes I'm concerned, I see a lot of stupidity going on from the people who are in charge of managing the economy. Particularly the FED, I can't stand these zero interest rate policies going on. I think the market should control the interest rates. I'm a Laissez-Faire guy, I think the market ultimately make better decisions than any individual can. So there's a lot of stupidity, bad decisions and government intervention. Taxes are too high; so I'm expecting problems. There's going to have to be problems, fallouts, inefficiencies and mal-investments that need to be shaken out, I just don't know how that's going to look. When it comes to investing, that stuff doesn't play any part in my investment strategy. I setup my investments to profit no matter what happens. I don't believe in investing based on predictions of the economy and the future; it's so difficult to predict. Even when you predict it correctly, your investments can still lose money. To me it's such a tenuous way