Sell in May
It’s been a great year for dividend paying stocks. Not so much for emerging markets. It would be a shame to sell dividend payers...
(E)State Planning
Rhode Island is a great place to visit but a rotten place to die. The top inheritance tax rate is 16% on estates more...
Good ‘Ole Warren Buffett
Warren Buffett has pulled the wool over the eyes of so many with his “aw shucks” mid-western persona. But in reality he’s a self-preserving...
We’ve Seen this Movie
Retirement investors are piling back into stocks, a bit late I’d point out. Stocks accounted for 67% of employees’ new contributions into retirement portfolios...
What’s Going on Here?
Here’s what former Fed Chair Ben Bernanke said in July 2007 prior to the housing bust and the recession that began later that year:
Overall,...
Silver Cheap Relative to Gold
I like having some gold and silver in portfolios. In terms of how many silver ounces it takes to buy one ounce of gold,...
Invest in Texas
I've been keenly interested in the investment theme surrounding vigorous competition between states. But when I look at Rhode Island and compare it to...
Billionaire Larry Ellison’s $10.5 Million Newport, RI Beechwood Mansion
In 2010, Larry Ellison paid $10.5 million for the Astors' Beechwood mansion on Bellevue Ave in Newport, RI not far from my office. And based...
Housing Slowdown: The Explanation You Haven’t Heard
There have been many explanations of the apparent slowdown in the housing market over recent months. If you haven’t been following the news on...
MLPs and IRS
The Wall Street Journal on the potential, or lack thereof, for MLP audits:
Is your investment too complicated to be audited?
It could be, say experts,...