You really can’t beat getting a dollar for 90 cents. Unless, of course, you manage to find one for 85 cents. While deals like that really shouldn’t exist in the real world, they’re actually pretty common in the closed-end fund (CEF) space. And today, some of the best bargains are to be found among the...Read More

I like saving money. A lot. In fact, I’m a cheapskate and actually take pride in my stinginess. But you won’t see me fighting the crowds on Black Friday. Not going to happen. Life is far too short to explore the depths of human misery that I see on display the Friday after Thanksgiving every...Read More

My housekeeper has a nicer car than me. Now, granted, 75% of America probably has a nicer car than me. I’m driving a car that, while only four years’ old, looks like it’s going on 20 because my kids have utterly destroyed it. The entire backseat looks like a Jackson Pollack painting of assorted stains...Read More

  I walked to work today. Granted, the weather was nice and it was only about a mile and a half, so it wasn’t any major accomplishment. But for someone whose physical exercise over the past decade has mostly consisted of lifting the TV remote, it was a significant improvement from my routine. So, you...Read More

  In August of 1971, Ray Dalio – now one of the most respected hedge fund billionaires on Wall Street – was a lowly clerk working on the Street. By coincidence, Dalio was starting his career during one of history’s critical turning points. President Nixon had just taken the dollar off of the gold standard....Read More