The rally in gold prices over the past 10 years has been nothing less than amazing, with the precious metal running from $300 per ounce in mid-2001 to more than $1500 now. The SPDR Gold Trust (NYSE: GLD)… Read More
Investing Basics
What will the U.S. economy look like in 12 months? The crystal ball, as they say, is hazy. The odds seem balanced between a renewed recession and a long-awaited upturn. With such uncertainty, it’s wise to focus on stocks with… Read More
In response to rising debt woes in Europe and the United States, wary investors are taking steps to preserve capital, boost income and protect themselves from inflation. A great way to accomplish these goals is to hold consumer-staple stocks, which provide the daily necessities people use such as toothpaste… Read More
In light of the uncertain economy, a wide range of insiders have sought to sell company stock, fearing we may eventually have a repeat performance of 2008 when the economy and the stock market headed south. Yet a few bullish insiders are… Read More
The starting gun has sounded in the consumer staples category. Billionaire activist investor Carl Icahn’s widely reported bid to acquire Clorox (NYSE: CLX) has led investors to focus on the broader sector, looking for other companies that may be in play. On occasion, a deal for one company… Read More
Waiting until the last minute, the politicians that run the United States of America are finally on the cusp of a major government overhaul — a move that was badly needed in light of its eye-popping budget deficits. Yet while the move to finally trim budget deficits should be applauded,… Read More
On July 13, I told you about the simple strategy that’s never lost money. Put simply, the longer you hold an investment, the better your chances of making a… Read More
Growing up, I spent most of the summer at the neighborhood tennis and swim club. July 4th was a special day and featured the club’s summer tennis tournament, a cookout and fresh watermelon giveaway. There were also pool games. For me, the highlight of the day was what I called… Read More
Michael Dell is surely heaving a sigh of relief. His efforts to revamp his namesake computer company had received little respect on Wall Street, but since last Labor Day, analysts are finally warming up to the stock. Shares have risen more than 30%, and some analysts speak bullishly about… Read More
Imagine showing up to a party and find you’re the only one in the room. This is the lonely feeling many companies experience when they complete their initial public offering (IPO). These companies spend a great amount of energy preparing for their debut,… Read More