"Just when you thought it was safe to own Facebook again..."
That was the opening of an e-mail my friend and colleague Dan Ferris sent me just after social media behemoth Facebook (FB) announced its second-quarter earnings.
"Just when you thought it was safe to own Facebook again..."
That was the opening of an e-mail my friend and colleague Dan Ferris sent me just after social media behemoth Facebook (FB) announced its second-quarter earnings.
I can see it now...
A beautiful 75-degree day on the beach with a slight breeze. No worries about work. Just a nice cold drink in my hand, and the promise of a good meal at the end of the day.
Doc's note: Most investors know they should be diversified, but they aren't. And, as my good friend and colleague Steve Sjuggerud explains in this essay from DailyWealth, things have actually worked out well for those investors.
But that is about to change. And if you're not ready, you'll ruin your portfolio...
Yield chasers do crazy things.
Especially in the yield-starved environment we're in today.
What's the best predictor of a recession?
Economists and PhDs could debate this for days. Some claim consumer spending is the most accurate predictor. Some claim it's the labor market. And others use a bunch of indicators weighted together, like the Conference Board's Leading Economic Index.
Doc's note: The economy and stock market are still booming, but now the financial "tide" is rolling out... The Federal Reserve is now raising rates and unwinding its massive stimulus program for the first time in nearly a decade. Credit is tightening, slowly but surely.
According to my good friend and Stansberry Research founder Porter Stansberry, there's one major consequence of this that nobody ever talks about.
If you've been a long-term, buy-and-hold commodity investor for 20 years, you may not have earned a dime.
Yet... in that period, you could have made thousands of percent gains if you could have correctly traded the commodity cycle.
"Buy when there's blood in the streets."
Baron Rothschild, an 18th century British nobleman and member of the Rothschild banking family, is credited with this famous saying. Rothschild made a vast fortune when he bought during the panic right after the Battle of Waterloo against Napoleon.
Every morning, when I was growing up, my dad followed the same routine...
He'd get down his shaving brush and razor from the cabinet... He'd lather up with a soap mug... I can still remember the smell, and the ceramic mug with the Navy emblem of the USS Albany... before moving on to his double-edged safety razor...
We've turned into the "Indoor Generation." And it's killing us.
A new survey conducted for the Danish window and skylight company Velux found that on average, Americans spend 90% of their time indoors.