For a wealth builder looking to use the stock and bond market as one of your vehicles towards riches, it is imperative that some select, best of breed, investment newsletters be a part of your toolkit. We have spoken about several outstanding investment newsletters in this site, but here we wish to introduce the best investment newsletter for watching, predicting and reacting to the actions of the Federal Reserve - the central interest rate setting and overall governing body for financial transactions in the United States.

Even as the overall US share of the world GDP has declined (more due to growth in other parts of the world, which is always welcome), the US continues to play a dominant role in world economics. Thus actions that affect financial transactions in US tend to have a ripple effect throughout the world. This is one reason why the actions of the Federal Reserve continue to merit deep interest and following across the world. Not only is it important to follow these actions, but it is important to understand their implications, and its effect on the stock market as well as on general business. And to do so accurately and reliably is a rare skill that one must take advantage of.

One such best of breed investment newsletter that provides this advantage to you is the Wellington Letter from the Dohmen Capital Corporation. The editor, Bert Dohmen, is considered a "Fed Watcher" expert by his peers, and he has been at it for over three decades and multiple chairmen. His work clearly tracks what the Federal Reserve is doing with the money supply, with interest rates and with the signals the Federal Reserve chairman is trying to send to the markets and business world at large.

The work done at Dohmen Capital through the Wellington Letter clearly captures the fundamental job of the Fed - which is to prevent disastrous financial meltdowns - as well as its ongoing tasks of ensuring smooth functioning of the financial institutions and markets. The editor clearly highlights the underlying philosophy of the chairman and uses that in conjunction with a variety of market and business condition factors to determine where the future actions of the Federal Reserve may go and its consequent affects on the markets. As your personal wealth portfolio grows (as it surely will as you stay on task and goal), you will appreciate the insights offered by this fine writer.

If you are looking for stock recommendations for your portfolio, Dohmen Capital offers several other options to you through its trader services, mutual fund recommendations and so on. But read the Wellington letter first to understand the overall philosophy before signing up for its other services. You will find it worth your while.