Sunday, April 22, 2018
Jo and I were watching an exciting hockey game between our favorite team (Tampa Bay Lightning) versus the Philadelphia Flyers. Tampa had a 3-0 lead with six minutes left on the clock. The referee sent a Tampa player to the penalty box. For those unfamiliar with hockey, the penalty box is an adult “time out”, […]
Will we repeat the mistakes of the past that led up to WWII? Jim Rickards thinks so. His recent article “Now, a Trade War – Is a Shooting War Next?”offers the history leading up to WWII and warns: “Get ready for an all-out financial war between the U.S. and China. Germany is also in the crosshairs…. […]
It’s officially the start of a new trading year, but that doesn’t mean you have to create all new investment strategies. While there are certainly going to be some changes (possibly big ones) in 2018, there is plenty that happened in 2017 which will more or less be repeated this year. For instance, the leading […]
After the 2016 election I wrote about Calexit, a movement urging Californians to sign a petition allowing for a secession referendum. In April 2017, they pulled the plug on the initiative when it was discovered the leader of the campaign, Louis J. Marinelli, had Russian connections. He’s now seeking permanent residence in Russia. It didn’t take long […]
Subscriber Rick G. recently asked a great question. “What do you think about the theory of ‘buying on dips’ and ‘dollar cost averaging’? If the price of a dividend paying stock goes down, buying more will increase your yield; however, that seems to be at odds with the idea of why an investor should have […]
My wife, Jo, handed me the phone. “It’s Mary Ann (our stockbroker). She wants to talk about the farm”. I recently wrote about how lucky we were to work with Mary Ann. She was a stockbroker with years of experience and put it to good use. The farm has been in Jo’s family for over a […]
How’s this for a business proposition? I owe you $17,000. If you forgive my debt, I won’t use Uber or Lyft for my transportation needs. Or, how about I agree to give up texting and mobile messaging for a year in exchange for debt forgiveness? Doubt I’d get any takers. I received an email about […]
For many reasons, this year should have been a crazy one for stocks. You’d think that with the US basically repeating the 1960’s, there would be a little more action in the financial markets. Instead, it’s been one of the calmest years in stock market history. It’s certainly been the least volatile year since we […]
President Trump released his proposed 2018 Federal Budget. The battle lines are drawn. Expect to be inundated with articles like “The rich get richer, and the poor get…” We will quickly be fed up with class warfare, emotional bleeding hearts and hysterical politicos distorting statistics while pandering votes. The final result will be a pathetic “compromise”. Remember, […]
Earnings season is upon us again, seemingly out of nowhere. Has it already been three months since last quarter’s results were released? Well, many of the most widely followed companies don’t report until November, so I guess we have some time to come up with earnings-related trading ideas. Most of the time, traders think of […]
