Can bank bailouts bankrupt America? Why would congress let it happen? In a recent Daily Pfennig, friend Chuck Butler tells about educating his grandsons about the worst president there has ever been: “…. I couldn’t let that one slip … I explained to them that Woodrow Wilson was the all-time worst president, … culminating with, he ushered in the Federal […]
» Read moreIn a yield-starved investment world, should investors be buying Real Estate Investment Trusts (REIT)? Can they bring solid, safe returns? Many investors love them, while some shy away. How volatile are they? How do you evaluate them? A subscriber recently asked a good question. He purchased a subscription from one of our trusted affiliates, The Dividend Hunter. He looked at […]
» Read moreMy instrument check ride was already scheduled when I got a call from Larry, my flight instructor. He told me to come out to the airport immediately, today would be one of the best learning experiences he could offer. It was a cloudy, soppy, rainy day; nothing going on, so I drove to the airport. Larry said today we would […]
» Read moreBest of Dennis… A Note from Dennis: I’m just finishing up my break for the holidays, but will be back next week! Hope you and yours had a safe and happy New Year! This article appeared on February 25, 2016. What Do You Want Your Legacy to Be? Many years ago a friend asked, “Wouldn’t you like to be a fly […]
» Read moreEARLY FALL 2008 – It was my 50th high school class reunion; a good turnout with classmates from all over the country. We had fun with old friends, catching up on the last 50 years. Ray P. donated the use of his country club for the big banquet, so everyone was dressed accordingly. My wife Jo and I were seated […]
» Read moreWhen it comes to true social security reform, forget about it. The politicos will never fix the real cause of the problem. If the Republican party tried to right the social security ship, the democrats and liberal media would roast them and they would be drummed out of office. On the other side, we hear candidates espousing more giveaway programs, […]
» Read moreThe bond market is absolutely nuts – devoid of any common sense. Back in the days when professors used chalkboards, and actually taught classes, I studied Business Economics. We learned how capital and labor come together to produce goods and services, create jobs and profits. If capital was needed, you could borrow and pay interest. Interest is the rent you […]
» Read moreI recently wrote “Most readers have felt … for some time, … things are just not right, yet so far, nothing horrible has happened.” Ron Paul’s recent article, Is The ‘Mother of all Bubbles’ about to Pop?, reinforces those fears: “When the New York Federal Reserve began pumping billions of dollars a day into the repurchasing (repo) markets in September, […]
» Read moreIn 2008, I began investing in foreign currency. The Fed created trillions of dollars out of thin air, high inflation was sure to follow. With the help of friend Chuck Butler, I bought FDIC insured foreign currency Certificates of Deposit (CD) through Everbank. I also bought Exchange Traded Funds (ETF) and sent money offshore; investing in stocks and bonds denominated […]
» Read moreIt’s shortly after 3:00 AM. I’m sitting at the kitchen table. My neck feels like it is on fire; a result of 30+ radiation treatments. I’ve got enough grease on my neck to lubricate the wheel bearings on an 18-wheeler with some left over. Theoretically, it helps with the pain. I unbutton my top so I can be fed through […]
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