One of the most trusted and long lived market prognosticators is the Kiplinger Letter, available by subscription only.
I like the format. Four tightly edited pages, with pertinent charts and bullet points…it’s targeted to busy decision makers who want useful summary data, and not a lot of prose and theory.
The August 2009 letter was a sober […]
Starting October 23, the market looks as if it is entering the long postponed correction that has been missing in action since the heroic gains that started after we reached the March 12 year lows.
Everyone is entitled to their own theories. Here are a handful for your consideration.
1. The market always moves in a saw […]
It’s not just the mom and pop buyers who are looking at onerous mortgage resets on the poorly underwritten loans giddily funded back during the recent bubble.
The smart money in commercial real estate is not the Wall Street Firms that bought in at top dollar in 2007.
The smart money is the guys who sold to […]
Longtime readers know that the Blue Jeans Millionaire has a healthy fear of overly zealous government intervention and regulation.
So it may come as a shock when we endorse the actions of Kenneth Feinberg, the so-called Pay Czar in forcing rollbacks of executive compensation for the mendicant companies that still have their hand in the government’s […]
Unless you live in a cave, you’ve heard by now about the breaking scandal de jour, centering on the Galleon Hedge Fund.
From Wealth-Bulletin:
Galleon chief held as insider-trading scandal rocks hedge fund
Raj Rajaratnam, founder of the $7bn (€4.7bn) hedge fund Galleon Group, was on Friday arrested alongside five others on charges of having engaged in […]
Check out this latest survey on the financial aspirations of Gen X and the Millennial generation.
According to a recent online survey conducted by the Northwestern Mutual Foundation, among the respondents age 30 and older, 60% indicated that they would need (want?) $1 million in order to retire comfortably.
Call it the democratization of wealth.
In this same […]
Just when you think you’ve thought of everything…
The Feds set up 529 college savings plans for the express purpose of encouraging savings for college by making these accounts tax advantaged.
Nothing wrong with that. It’s the same principle that animates investing in IRA, 401k, and Health Savings Accounts. Not to mention it’s poor cousin, the Coverdell […]
In our prior posts on precious metals, we have alluded to the hoarding of these “commodity currencies” in Exchange Traded Funds.
Unlike direct ownership in common stocks, like most index funds, the precious metals ETFs actually require physical possession of the underlying gold or silver.
I’ve never been a big fan, because when push comes to shove, […]
