In 1995, I got a call that changed my life… A mutual-fund management company wanted to meet with me about becoming a portfolio manager. I was only 27 years old at the time. So this was a huge opportunity. That’s when I met the man who would become my mentor… He was sitting at his …
“You’re not really going to only rely on the firm’s research, are you?” It was 1966. I had just landed a position as a broker. And at the time, I really did think my own firm’s research would be more than enough for me and my clients. But then, a member of the “old guard” …
What Every Investor Needs in This Type of Market Read More »
Despite all the volatility, investors are in love with many types of stocks right now… Energy stocks are leading the way. That makes sense since the price of oil is nearing an all-time high. And earlier this week, we talked about certain financial companies that should do well amid the “brand-new ballgame” of rising interest …
The Market Loves This Sector… Even When It Hurts Read More »
A massive scandal recently rocked the financial world… And like so much of the news today, it involves the war in Ukraine. You see, Russia is one of the largest producers of nickel in the world. So it’s not surprising that when Russian troops invaded Ukraine a month ago, the price of nickel shot up. …
One Company Lost $8 Billion in 24 Hours… And Got It Back Read More »
Information leaks… The “smart money” buys ahead of major announcements… And analysts at the biggest investment banks have unprecedented access to what’s happening. That’s just how the world works. There’s no getting around it. Now, don’t get me wrong… I’m not saying the reign of the “insiders club” is the way it should be. But …
This Is Like Sitting In on Private Board Meetings Read More »
It’s officially time to say goodbye to the “Dr. Doom” era… You’ll recall that I detailed the nearly 40-year stretch of failing interest rates in December. And I noted that a “brand-new ballgame” was coming, thanks to the Federal Reserve. Well, this brand-new ballgame just kicked off… The Fed increased the benchmark federal funds rate …
Picture this… despite all the uncertainty in the world, you’re sitting on a big winner. First, congratulations! Winning feels great. But now comes the hard part… Should I sell now? Should I sell later? Should I sell at all? It’s a great first step to find a winner. But a lot of traders make the …
When you think about climate-focused investments, it likely involves trendy talking points… Wind… solar… water… geothermal… electric vehicles… you get the picture. But the thing is, these popular ideas aren’t the only ways to help the climate. Today, I’ll share one climate-focused investment you’ve probably never considered. But investing legend Warren Buffett is on board. …
Folks, we’re in a midterm election year… And if history proves right, things are going to get worse before they get better. The average peak-to-trough pullback in midterm election years over the past century is 17.4%. That’s roughly eight percentage points worse than the current decline… The benchmark S&P 500 Index recently dropped into “correction” …
The Federal Reserve is set to raise the benchmark interest rate later today… If the central bank does that, it will be the first initial rate hike since 1990 with the S&P 500 Index down more than 10% from its high. And investors are looking up at a lot of storm clouds right now… The …
