Wednesday, June 19, 2019
I was frustrated. I need solid, safe income. The bank bailouts will eventually cause high inflation. Interest rates were not keeping up. Investors, desperate for income, had few choices and the stock market was setting records. How do you invest, earn safe income while protecting your capital and buying power all at the same time? […]
The world was different before the invention of effective birth control. I had three children at age 22. My wife and I were primarily raised by our grandparents – we were scared. What did we know about parenting? Dr. Benjamin Spock’s best-selling book, “Baby and Child Care” touted, “mothers know more than you think you […]
In 1935, Parker Brothers introduced the game “Monopoly”. Wikipedia tells us: (my emphasis) “Monopoly is aboard game…. Players roll…dice to move around the game board, buying and trading properties, and developing them with houses and hotels. Players collect rent from their opponents, with the goal being to drive them into bankruptcy. Money can also be gained or […]
Low Vol has been killing it lately. If you’re not familiar with the phrase, I mean stocks with low market volatility. These are shares of companies that don’t move around a lot. Since late April, the S&P 500 Low Vol index has held up quite well. It’s even advanced some. That’s in marked contrast to […]
How do baby boomers protect their life savings from the ravages of inflation? Our recent interview with Chuck Butler got the attention of many readers. We reviewed how gold and foreign currencies performed during the high inflation Carter years. During a five-year period beginning 1/1/77, we experienced almost 60% inflation. That destroyed a lot of wealth […]
Good friend Ronnie (fictitious name) has owned a popular bar near a prestigious university for decades. He has me convinced the colleges are doing a great job of preparing the executives of tomorrow. As I sipped on my iced tea, I noticed young folks in line at his cash machines waiting to withdraw cash. I […]
The Las Vegas MoneyShow kicked off on Monday with a 600 point drop in the Dow Jones Industrial Average. Not a good stock market start for a conference focused on investment strategies and idea. My first presentation was one of the earliest on the schedule for Monday morning. The groups I talked to were very […]
Next week I’ll be speaking at the MoneyShow in Las Vegas. It’s one of my favorite experiences every year. Not only is it a great opportunity to meet and talk to other options traders, but I also get a lot of really good questions at the event. I decided that this year I’ll be more […]
Richard Maybury grabbed my attention: “Think about it. There are really only two choices. Either you will own you, or someone else will.” I’ve subscribed to Richard’s “U.S & World Early Warning Report” for years. I re-read the section about capitalism and socialism. Here are some tidbits: (my highlights) “Laissez-faire (less-aa-fair) is from the French laissez nous […]
This is a tough time for income-oriented investors. Since the beginning of the year, dividend yields have been squeezed to the breaking point. The S&P 500 just notched a new all-time high. Plus, the Federal Reserve seems intent on keep interest rates where they are. Just last week, the Fed once again decided to leave […]
