Why Invest in Alternatives? You probably have a good grasp of why diversification is important. Throwing out the financial jargon, it essentially boils down to not putting all of your eggs in one basket. But it also gets a lot more sophisticated than that. Many investors feel that they have adequate diversification because their assets are...Read More
As I’m writing this, the Powerball jackpot is estimated to be worth over $1.4 billion, making it the largest potential lottery prize of any country in history. The lump sum payout is estimated to be just shy of $900 million, though these numbers are expected to climb significantly before Wednesday. We might – or might not...Read More
The S&P 500 is only down about 10% from its all-time high. Yet it feels like the market is down a lot more than that. Well, there’s a reason it feels that way. The S&P 500 – which is weighted by market cap – is being supported by a handful of expensive, high-flying tech stocks. But...Read More
Founding family of $EPD just dumped $100 million into the stock… http://stks.co/j3i7w …and company announced a 5.2% dividend hike. — Charles Sizemore (@CharlesSizemore) Jan. 5 at 03:36 PM Randa Williams, chairman and daughter of Enterprise Product Partners (EPD) founder Dan Duncan, just dropped over $100 million of her own money into EPD stock this week. And...Read More
Every year at about this time, Josh Brown of the Reformed Broker compiles his list of “What I Learned” over the course of the year. This year’s list didn’t disappoint. I recommend you read the entire list here, but I included some of my favorites below: Jim Lebenthal (Lebenthal Wealth Advisors): investing requires the courage of your convictions....Read More
