The following is an excerpt from Best Stocks for 2018: Enterprise Products Is a Keeper. A 14% return is nothing to be ashamed of in a year where the S&P 500 is up only 8%. Yet it looks awfully meager when my competition in the Best Stocks contest is up 144%. As I write, my...Read More
I don’t make a habit of taking financial advice from professional football players. No offense to the gentlemen suiting up for Monday night football this evening, but athletes aren’t known for being paragons of financial virtue. Sports Illustrated reported a while back that 78% of ex-NFL players were either bankrupt or in financial stress within...Read More
Our fearless leaders in congress don’t always get it right. If fact, I’d go so far as to say they generally make a royal mess of things. But when they created the 401k plan in 1978, they created the single best tax shelter and asset protection tool in U.S. history. And importantly, they made it...Read More
There’s no dignity in a groin pull. You can’t walk without limping, and there’s not much you can do about it other than sit with your legs propped up with an ice pack on your crotch. I ponder this as I sit at my desk with my leg propped up (minus the ice pack). It...Read More
This piece first appeared on the Rich Investor. I always make a point of working every Labor Day, if even just writing a few emails on my way to the pool. I do it in an act of impotent protest. Don’t get me wrong, I’m not a total ideological nut job. A day off is...Read More