“By working faithfully eight hours a day you may eventually get to be boss and work twelve hours a day.” –Robert Frost The great American poet pointed out quite beautifully that the more successful you are in life, the greater your responsibilities tend to become. Perhaps the folks in Washington should brush up on their

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If you were ever in doubt about the unhealthy conditions of the federal government’s balance sheet, one look at the brilliant analysis by economist Veronique de Rugy of the Mercatus Center at George Mason University will quickly disabuse you of your doubts. Rugy pointed out via a compelling and frightening chart just how in the

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While the United States and much of the Western world struggle with an anemic economy, a number of emerging-market economies are among the world’s largest and fastest growing. Although the news may seemed filled with stories about debt-ridden Greece, now may be the right time to explore funds that tap into relatively stable emerging markets.

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Today marks the end of the first quarter, and what a quarter of action it’s been in the financial markets. We kicked off the year with a continuation of the buying we saw in December, but by mid-January, stocks began retreating. The decline lasted only until the first week of February, however, and since then,

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  A smile relieves a heart that grieves Remember what I said I’m not waiting on a lady I’m just waiting on a friend –Rolling Stones, “Waiting on a Friend” The above lyrics pretty much capture how I feel about the equity market right now. Stocks continue to edge higher, but the more time the major […]

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“A hospital bed is a parked taxi with the meter running.” –Groucho Marx In light of the heavy economic and political issues the country’s been grappling with lately, I decided to choose a little, health-care themed humor for this week’s quote. I hope you enjoyed it. Wisdom about money, investing and life can be found

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My friend and colleague, Nicholas Vardy, is a money manager and writer of the weekly e-letter, The Global Guru, which I highly recommend to all of my Alert readers. In the latest edition, titled “The Future Ain’t What It Used to Be,” Nicholas offers us some profound observations on the perils of financial prognostication. He

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After months and months of debates, gridlock and uncertainty, President Obama signed into law his coveted health-care overhaul, “ObamaCare,” with implications for you and your investment portfolio. If you feel like I do about the folly of tax-and-spend politicians adding wildly to our deficit, it’s difficult to have a “glass-half-full” kind of attitude about this

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The sharp sell-off we witnessed in late January and early February, followed by the 180-degree turnaround in stocks from early February to the present has many investors in a quandary about how best to navigate this tricky market terrain. I’ll admit that I’ve found it hard to identify a good entry point for putting new

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