I’m going to show you how to buy $2 billion worth of assets for pennies on the dollar. I’m not kidding. If you want in on the action, you just have to come to Houston. I’ll meet you at 600 Travis St,, Suite 5800, at 10 a.m. on Thursday. That’s… Read More
Income Investing
At the beginning of the year, panic-stricken municipal bond investors were fleeing for the exits. The muni market was roi fears that issuers would default and bond insurers couldn’t make… Read More
Whether dividends are safe is on most income investors’ minds, and for good reason. The final quarter of 2008 was the worst for dividends in a half-century, according to Standard & Poor’s. The first half of 2009 has seen even more cuts: 367 companies have reduced dividends since Jan. 1. Read More
Stocks and bonds too dicey? Commodities out of reach? Options too complex? Then forget about all those investments. Right now, you can earn up to 4.5% with FDIC protection. Now, 4.5% isn’t too tough to beat with other investment classes, but each of them… Read More
Art Laffer is the dean of supply-side economics, which holds that the key to any macroeconomic ill is to let people keep their money rather than to tax them. I agree. So did President Reagan, whose landmark tax cuts in the early 1980s were… Read More
In late December 2002, the “dot com” bust was complete and the market was about to close the books on its third straight losing year. Bargains were plentiful and the economy was pulling out of a recession, but investors had had enough and many… Read More
Manufactured home builder Palm Harbor Homes (Nasdaq: PHHM) said it lost $10.0 million, or 44 cents a share, in its fiscal first quarter, compared with a loss of $0.5 million, or 2 cents a share, a year ago. Revenue fell -36.6%, to $82.4 million, from a year ago. The company… Read More
After looking at some of will have a better journey elsewhere. 10. Croatia With its long, beautiful coastline down the Adriatic Sea, tourism accounts for about 20% of the country’s GDP. The slowdown in that industry explains a big portion… Read More
Recent hot spots are looking cold. What country will deliver the big gains we’ve seen in other international markets? To answer this question, we devised a proprietary system that considers each country’s GDP forecasts,… Read More
We’re 11 days past the July 1 deadline, and California still doesn’t have a budget in place. Democratic lawmakers and Republican Gov. Arnold Schwarzenegger remain at loggerheads about a $26 billion budget shortfall. Schwarzenegger says he won’t accept any more taxes. Without a budget, the state can’t spend money. Without… Read More