With the signing of an under-publicized amendment to Executive Order 12425, Barack Obama has fundamentally altered your constitutional rights. His actions are undermining your rights to protect personal privacy from a foreign internationalist police agency named Interpol. A one-paragraph executive order may seem inconsequential to many, but this action has far reaching implications and threatens [...]
Protecting investment principal and your profits should be a concern in any market, much less a bear market. Contrarian investors looking for deep value investments can find themselves walking a tightrope between “buying on the cheap,” and “buying garbage.” And in the down markets like we’ve been in, it can be hard to distinguish between [...]
The current bear market has pounded anything that has to do with real estate. Banks and real estate investment trusts have been hit particularly hard. One of the main problems with banks is that we have no idea how bad the loans in their portfolios are. Banks have been downright deceitful about the number of [...]
Since 2002, the price of crude oil has climbed relentlessly from $20 a barrel to $90 a barrel. All of us are tempted to blame big oil under our breath as we pump our tanks full. But rather than complain, I suggest you invest in this sector. Shares of oil companies that find, drill, refine [...]
Each April, flimsy paperback “books” wrapped in plastic flood investor mailboxes. Hidden within these darkly covered annual reports is where the rubber meets the road in terms of profitable investing. Earnings season offers us a deep look into the views of management. We have thousands of Form 10-Ks, which all publicly traded companies file with [...]
Wall Street is a product machine. They are always devising new “packages” to sell their customers. A basic word of advice I can never share enough with new and seasoned investors alike is: “Know what you are buying.” This hit me again last week. Major brokerage firms settled class action suits with clients who [...]