The major averages were essentially flat through the first three days of this holiday-shortened week. But that wasn’t the case for gold. The SPDR Gold Shares is up 3.26% so far this week, pushing our newest allocation to this gold fund 7.59% higher since our November 10 purchase. As for our position in the SPDR S&P […]
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“As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them.” — John F. Kennedy As the late president so poignantly put it, gratitude is much more about action than mere words. This Thanksgiving, don’t just merely speak about the things you’re grateful
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If you are concerned that the stock market’s rise in recent months could be running out of steam, you may want to consider protecting yourself by making a short-term investment in a stable foreign currency, such as the Japanese yen. With the yen appreciating in the face of a weakening U.S. dollar, the Japanese currency
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Now, for another perspective on being thankful, here is my good friend and writer extraordinaire Jim Woods with a few unconventional thoughts on the matter. Enjoy! By Jim Woods This Thursday is Thanksgiving, and I suspect that most of you reading this have plans to spend time with friends and family feasting on a sumptuous
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I can’t let this Thanksgiving week go by without addressing a few things that I’m truly thankful for. On Monday, I had a great conversation with a new Successful Investing subscriber who told me that prior to joining the service he was so worried about the market and his investments that it actually was making
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This time of year, we normally can count on the market being in full-rally mode. There is a term that I use in my book "Maverick Investing" to describe this time of year. I call it the growth season, and it’s from Nov. 1 through April 30. Historically, this is the time when the market
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This week’s action in the equity markets started off on a bullish note, but by Friday’s closing bell we saw several chinks in the bull’s armor. The Dow managed to add to its bottom line on the week, with a slight 0.43% gain. The S&P 500 faltered late in the week after a solid start, as it […]
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“Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one.” –Thomas Paine I think the great Thomas Paine said it all with this famous quote, so I’ll refrain from any further elaboration other than to say that if you haven’t read any of this incredible thinker’s work,
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The continued weakening of the U.S. dollar could spur a mini-gusher for investors looking to profit from oil. Also known as black gold, oil is among the commodities that tend to be inversely related to the strength of the U.S. dollar. As the dollar dips, the price of oil rises. Indeed, the exploding U.S. debt
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“Has America’s Federal Reserve become the single greatest obstacle to global economic recovery? Central bankers around the world increasingly are asking this question as the American greenback continues its Fed-inspired decline and damages the export-driven growth of countries from Latin America and Asia to Europe.” The preceding quote comes to us courtesy of my friend
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