SAH Seeing Traffic Above Pre-Pandemic Levels in Some Locations

SAH Seeing Traffic Above Pre-Pandemic Levels in Some Locations

Sonic Automotive (SAH) recently updated investors with information on the return of customers after the COVID-19 shutdown. The company previously announced that it would be working to reduce costs during the pandemic, to address cash flow needs.  On the cost reduction front, management reported SAH has now cut $7 million in expenses per month, and […]

The words Place Your Bets on three red dice to illustrate predicting the future and betting on a certain outcome in gambling, career or life

Who’s Betting On America?

I read Bill Bonner’s Diary regularly. Bill cuts through the smoke and mirrors, and explain things in understandable, matter-of-fact terms. He recently wrote, Don’t Bet on America. “Never, ever bet against America,” says the Oracle of Omaha (Warren Buffet), perhaps exaggerating. Countries, like individuals, make mistakes. …. It was a bad idea to bet against America throughout most […]

Make 9.7% On America’s Most Notorious Bank

Make 9.7% On America’s Most Notorious Bank

Despite plenty of volatility in the market, it hasn’t been any easier to generate income for your portfolio. Yields are still ultra-low for most fixed income instruments. Moreover, many high-yield dividend stocks have slashed their dividend payments. Regarding dividend stocks, buying and holding them is certainly not an unreasonable way to generate yield. The best […]

SPY: Is Matching the Market Enough?

SPY: Is Matching the Market Enough?

The SPDR S&P 500 ETF (SPY) is a monster ETF (exchange-traded fund), designed to follow the S&P 500 step for step. This is the granddaddy of all index funds. SPY currently has assets of $267 billion. For some perspective, SPY has more in assets than the GDP of Finland. Of course, Finland has been around […]