Greenlight Capital’s David Einhorn made a splash this week by seeking a seat on the board of troubled solar company SunEdison (SUNE). SunEdison’s stock is down nearly 90% since July, though Greenlight has been adding to its position since the beginning of this year and now owns about 6% of the company. While SunEdison is getting...Read More
Kinder Morgan (KMI) released disappointing earnings last night that sent the stock lower after hours. But the stock is rallying hard today, as there seems to be a light at the end of the tunnel. Here are some highlights. From Richard Kinder: We are pleased with KMI’s business performance for the year especially in light...Read More
I chatted with InvestorPlace’s Jeff Reeves on a story he wrote for USA Today on the importance of keeping your 401(k) and IRA documents updated. You don’t want to mess this up. Doing this wrong can result in your ex-wife or ex-husband walking away with your entire life savings, leaving your new spouse and even your...Read More
Let me start by saying that I love the 401(k) plan. It’s the single best wealth accumulation vehicle available to the vast majority of Americans. At today’s contribution limits, you can defer $18,000 of income — and $24,000 if you’re 50 or older — tax free. That’s great for middle-class Americans, and many can meet...Read More
The quality of brokerage account services has really come a long way over the past 20 years, even while costs have shrunk to almost nothing. If you’re paying more than about $10 per trade… frankly, you’re doing it wrong. Whether your beat is day trading or long-term stock trading, there has never been a better...Read More