Investing Analysis

A Truly Ghastly Environment

This is a truly ghastly environment for yield-conscious investors. Three-month T-bills yield 0.03%, two-year T-notes 0.73%, five-year T-notes 2.09%, and ten-year T-notes a whopping 3.3%. Who is locking up money for ten years at a 3.3% yield?

Investment Success

In 1981, the Dow Jones Industrial Average ended at 875, 10% lower than its year-end value in 1965. During this wretched 16-year period, blue-chip stocks went nowhere. This was the ice age for stock prices. High and rising inflation and interest rates and big government were to blame. This sounds eerily similar to America’s prospects today.

A Canary in the Coal Mine?

This leading financial indicator accurately anticipated a 60%-plus rally in stocks in the spring. What is it telling investors today?

The Irrational Mr. Mishkin

In the November 9 Financial Times, Frederic Mishkin, a former Federal Reserve governor, proved that the Fed has learned absolutely nothing from its Greenspan-era forays into dangerously low interest rates.

Top 10 Mistakes #1

The #1 item on my list of the top 10 mistakes investors make is...

Blowing Asset Bubbles

A misguided strategy is endangering the wealth of millions of investors...

Class A American Fund Nightmare

Why you should run, not walk, from the largest mutual fund in America…

Top 10 Mistakes #2

The #2 item on my list of the ten most common mistakes investors make is discounting the importance of compound interest. Albert Einstein described compound interest as the greatest mathematical discovery of all time.

Top 10 Mistakes #3

Number three on my list of the top 10 mistakes that investors make is performance chasing. Here's the easiest way to make a million dollars in mutual funds.

Learn an Investment Lesson from an Ivy League’s Mistakes

One of the country’s top Ivy League universities lost 27% of its endowment in the last fiscal year while this fund was down only 3.6%…