People keep asking me
to explain the stock market advance over the past five months. There are usually comments at the end of the question, like,
“The economy sucks. How can the market go up when there is nothing going on out there?”
If you never got around to opening that Swiss bank account, you might want to wait a bit longer—at least until after
Sept. 23. That is the date the IRS has set for any tax-evading American to come forward regarding 52,000 accounts held at
Swiss banking giant UBS under a Voluntary Disclosure program.
I have learned a lot about sea turtles since last
night, and I believe a few of these things belong in any long-term discussion about investing.
It is ironic that in the aftermath of the credit crunch, with investors calling for more market transparency from Wall Street,
opaque trading markets are thriving.
Whenever this bear market bottoms—and there is a growing possibility that we will see new lows in coming months—millions of investors will be throwing all kinds of assets away for pennies on the dollar. The discounts so far could pale in comparison. So, be patient, be prudent and be ready.
A developing case of technology theft has shed light on the proprietary systems Goldman Sachs and other investment firms
use to make millions of dollars. A 39-year-old former employee at Goldman has been accused of stealing computer
code used in the company’s high-frequency trading system.
In the not-too-distant past, Microsoft was the most dominant company on the planet. In 25 years, it had spawned the world’s
richest man along with products that became as ubiquitous as water.
Target-date mutual funds, a popular investment vehicle in 401(k) plans and college savings plans, have recently come under
scrutiny by Congress and regulators. Investors are in an uproar over the recent poor performance of funds nearing their target
date.
We are not in peak vacation time yet and already volume is disappearing faster than a hermit crab being chased by a group
of 10-year-old boys. This s especially troubling if you are a bull.
In the midst of the U.S. government’s plan to fast-track Chrysler through bankruptcy, Indiana Treasurer Richard Mourdock waged
a lonely and unpopular battle.
Don’t go all in in the market just yet, and stay in liquid investments.
Will individuals and institutions take excessive risks in the future, operating on the belief that the government will step
in to rescue them if they encounter problems?
There is one commodity that may have more potential over the next several years than all else: natural gas.
In recent weeks, two of the planet’s most respected investment minds have weighed in with their thoughts on the state of the world’s financial affairs—Bill Gross at PIMCO in southern California and Jeremy Grantham of GMO LLC in Boston. It is always worthwhile to examine their thoughts and the logic behind them. As investor hopes […]
President Obama is wrong when he says government
is the only solution to what ails America’s economy. In reality, his thoughts are tragically flawed. Government, as we know it today, is the problem.
Investors today are dealing with a variety of calculation problems when attempting to determine if stocks
are attractive values. Some of the more common ratios and statistical measures that investors regularly employ to value businesses
become skewed in an economic downturn.
You’ve heard all the nonsense from the mainline advisers and brokers. They say a buy-and-hold approach is the answer, the
market always comes back, and diversified investing is the key to long-term success. You are starting to get the sense that it’s all bull. Here’s why.
The city is just beginning to digest the news that came out of left field regarding Indianapolis Water Co.’s bond transaction gone wild.
A healthy economy can only be sustained under a true free-market capitalist society of producers and savers.
The economic downturn has provided shareholders an opportunity to press for change
on a variety of corporate governance issues.