Real estate investors often get the entrepreneurial itch to venture into new and unexplored realms of realty, hoping to get wealthy. But they forget the cardinal rule of investing, popularized by Warren Buffet’s friend and the vice chairman of Berkshire Hathaway, Charlie Munger. The Munger rule: Know your limits. Munger calls it the “circle of […]
Thanks to overly optimistic projections and plain old politics, a number of U.S. states cannot keep up with pension payment promised to millions of public sector employees. From 2015 to 2016, the pension payout shortfall owed by states grew by more than $295 billion dollars, reports the Pew Charitable Trusts. Currently, most American states that owe pension […]
Over half of American finance sector jobs may be replaced by next generation artificial intelligence technology within a decade. Financial technology and industry experts are predicting the mass turnover from human employees to artificial intelligence (AI) will happen. James D’Arezzo, CEO of Glendale, California-based Condusiv Technologies notes that the financial industry is beset already by “a […]
Some say we are in a roaring economy looking for continued growth, especially considering how low interest rates remain. Then there’s Ron Paul, who says we’re once again in a big fat bubble that’s about to pop. The retired congressman and one-time presidential contender is aggressively recommending that investors buy gold to protect themselves from […]
How much do we owe, on average? Enough for everyone to own a home in Kansas. A Federal Reserve survey found that Americans aged between 35 to 44 have more than $133,000 in personal debt. In 2017, the total debt Americans were burdened with topped $13 trillion dollars, more than half the size of national debt […]
Many investors see gold as one of the safest assets that you can add to a portfolio, but is it now poised to make an epic run higher? Bond king Jeffrey Gundlach says “Yes.” The bond fund manager, who runs $100 billion at DoubleLine Capital, is extra bullish on gold now. Once it breaks its […]
Yield-starved investors once flocked to dividend-paying stocks. Now the tide appears to be turning. That could signal a recession, and soon. Given the relatively low coupon rates for high-grade bonds, retirement investment portfolios have been heavily weighted toward riskier equities. Many S&P 500 companies were paying generous dividends to their shareholders, making the shares of […]
For years, consumer staple stocks have provided investors with downside protection during periods of recession and market downturns. These blue-chip stocks provided investors a defensive buffer due to their stable earnings, generous dividends and consistently increasing payout ratios. For yield-starved investors in a low interest rate climate, that combo was manna from heaven. And it […]
Lithium investing is off to a flying start in 2018, with worldwide demand for the white metal on the rise due to battery technology advancements and the rapid growth of the renewable energy businesses, which use lithium for power storage. Investors believe that the global push for electric vehicles (EV), which are dependent on lithium […]
Apple seems to have found itself in hot water with investors over less-than-stellar sales of the new flagship iPhone X. The tech giant is due to report its earnings on May 1st. The stock is negative for the year and has helped drive the major indices lower. The hysteria around Apple stock started with a report […]
