The path from nothing to something is as good as it gets. Think about it… History is riddled with examples. Countries grow from undeveloped farming societies into sophisticated industrial powers. And that process creates a ton of potential wealth. That’s why many folks in the U.S. love emerging markets… It happened in many places after …
For generations, schoolkids have blamed their pets for missing assignments… “My dog ate my homework” dates to at least the early 1900s – and perhaps even earlier. And as the years passed, some folks even started to blame their cats. However, in almost all cases, it’s a made-up excuse. The forgetful kid just wants to …
Don’t Let the Dog Eat Your Interest Rate Analysis Read More »
These days, Wall Street’s old “defensive” playbook is stale… This playbook was created to cope with rising interest rates and the threat of a recession. Specifically, when times get tough, this playbook centers around buying defensive sectors like health care, consumer staples, and utilities. People still need to take care of their health during less-than-ideal …
Many folks in the U.S. are focused on a false narrative today… Business Insider just summed it up perfectly. Here’s the headline from last weekend… Investors are buying into this misconception, too. Housing stocks have slumped in recent weeks. The SPDR S&P Homebuilders Fund (XHB) dropped as much as 7% in August. But the real …
For one day, Sacks Parente Golf (SPGC) was a dream initial public offering (“IPO”)… The company combines many folks’ interests in golf and technology. It takes an innovative approach to making lightweight golf-club shafts, grips, and other products. Sacks Parente Golf went public on August 15 at $4 per share. The stock closed that day …
I’ll Wait for the Power Gauge’s Take on This AI-Related IPO Read More »
If you’re a fan of TV classics, you’ll likely recognize Milburn Drysdale’s name… Actor and comedian Raymond Bailey played Drysdale in the 1960s show The Beverly Hillbillies. Specifically, he was the head of the fictional Commerce Bank of Beverly Hills. Drysdale lived next door to Jed Clampett, an accidental oil millionaire fresh from the Ozarks. …
Banks Need to Adapt to Today’s Smarter Depositors Read More »
Value stocks have struggled to keep pace since the end of January 2004… That’s when the Vanguard Value Fund (VTV) and Vanguard Growth Fund (VUG) debuted. VTV has beaten VUG from time to time since then. But over the long run, VUG is the clear winner. Since inception, it’s up around 240%. Meanwhile, VTV is …
Stuff happens… For example, your flight could get canceled due to summer storms. That’s bad. It could ruin your entire vacation. And you’ll never get those days back. But it’s not the end of the world. You’ll eventually get past that type of setback. After all, life goes on. And you still have your health, …
Like many undergrads in 1971, I went against anything from the “establishment”… We weren’t impressed with Economics 101, for example. “Supply and demand” sounded like something the establishment just wanted to shove down our throats. (But at least we knew how to regurgitate enough to pass our exams!) As the years passed, I matured. Now, …
Industrial REITs Seem to Break the Laws of Economics Read More »
I’m glad the Power Gauge is here to protect me… from myself. You see, I’m a happy Spotify Technology (SPOT) premium user. And every now and then, I think it would be a good idea to own the stock as well. Objectively, I realize that “happy customer” doesn’t necessarily equal “happy stockholder.” But I’m only …
Protecting Myself From the Emotional Investor in the Mirror Read More »
