The Government surprised the world in 2008 when the Fed bailed out the banks at the expense of seniors and savers. The Fed dropped interest rates to historic lows while buying U.S. treasuries and bad loans through their Quantitative Easing (QE) program. Seniors and savers lost over $4 trillion in interest income they would have normally received. The stock market […]
» Read moreMike Maloney’s video, “If You Don’t Think QE4 & QE5 Are Coming, You’re Smoking Something”, raised a red flag. The Fed did not raise rates and didn’t rule out more Quantitative Easing (QE) in the future. Mike fears QE may include bailing out companies that can’t pay their debts. QE was different Unlike historical fed interest rate adjustments, the Troubled […]
» Read moreSeveral experts, who are not in the gold business, recently suggested gold will be a good investment in 2019. Zerohedge reports on David Einhorn’s annual letter to Greenlight Capital shareholders with my emphasis: “Gold – Long – U.S. debt to GDP is over 100%. The…U.S. debt has increased by over $2 trillion…. When the economy eventually slows, the deficit is […]
» Read moreThe mainstream media is citing reports, with widely varying percentages, that many young Americans prefer socialism to capitalism – and are supporting socialist candidates. The media provides extended coverage to politicians touting socialist programs. The New York Times trumpets, “Mayor de Blasio Says Wealth Is ‘in the Wrong Hands,’ Pledges to Redistribute It.” “Here’s the truth, brothers and sisters, there’s […]
» Read moreApple was the first $1 trillion company. In May 2018 they announced a $100 billion stock buyback program. Their stock was over $225/share at the end of August. In November, Tony Daltorio, one of our panel of experts, wrote “Two Smartphone Makers Nipping at Apple’s Heels“. Apple’s stock dropped around 16% since Tony’s warning. Tony’s comments raised a huge red […]
» Read moreNo one cares as much about your money as you do! If a money manager doesn’t perform, they lose a client – you lose your money! Most money managers have a genuine concern for their clients however, they can make mistakes. One of the worst mistakes is not listening and understanding the needs those nearing retirement. In response to our […]
» Read moreMy broker/mentor was fond of saying; “It’s easy for investment advisors when the market is booming. When times are tough you learn who is doing their homework!” She was a veteran and the voice of experience. We looked out her office window and counted a dozen starter BMW’s in the employee parking lot. They belonged to their cadre of freshly […]
» Read moreDear Mr. Culp, I wish you the best in your new challenge. This Motley Fool article about your background is encouraging. Why am I writing this? During the Jack Welch era, GE contracted with my training company, Value Selling. GE’s needs were different. Jack’s vision was clear. Each business was required to grow market share and improve their profit margins […]
» Read moreWhen the Fed bailed out the banks at the expense of seniors and savers, interest rates tanked while investors sought out solid dividend-paying stocks. Interest rates are now rising, and the Fed remains hell-bent with continuing their aggressive monetary policies. Many pundits predict the market is due for a major correction. With a new Congress, there is much uncertainty on […]
» Read moreDuring the holidays I generally share mentoring ideas. A top article, in terms of positive reader feedback, appeared three years ago. As we have quadrupled our readers since then, my wife Jo suggested I update it – the message is timeless. We recently celebrated our 60th high school class reunion. I love to meet old friends and play catch up, […]
» Read more