From Greg Wilson, chief analyst for The Legacy Portfolio: He’s considered one of the greatest stock investors and financiers of all time. He coined the term “Cold War.” He served as an economic advisor for six American presidents. Yet you’ve probably never heard of him… Called the “Lone Wolf of Wall Street” and the “Park […]
“A ‘bond-like’ 7% return…” That’s what Palm Beach Letter (PBL) Chief Analyst Grant Wasylik just wrote about this month’s recommendation. Grant’s pick came from deep research into the 2008 financial crisis. While almost every single U.S. stock dropped like a rock during the crash, this company posted gains. In fact, it is one of only […]
Health care “shame” and victories pack the mailbag today From Alan F., MD: You are placing your credibility on the line when you agree to advertise “Health Revelations” by Brian Chambers. It preys on unfortunate cancer victims, promising them cures that do not exist. How can you do this? Additionally, it invokes the Bible as […]
As Mark told you in this Creating Wealth essay, the most profitable thing he’s ever done in his entire career of building wealth has been investing in startup businesses. Here’s what Mark wrote: Last time I checked, the returns I have enjoyed as an investor in small businesses have exceeded 25% per year. There […]
“The stock market will be there after you make your fortune…” So says investment newsletter analyst Mark Hulbert. In an article for MarketWatch, Hulbert explains a common misconception perpetuated by the financial press: You can get rich through investing. He notes the minimum net wealth of the Forbes 400 “superrich” is $1.55 billion: Imagine […]
“You buy an item for less than the current price…” That’s a quote from Amazon.com’s website. The online retailer just reintroduced “haggling” into the modern digital marketplace. Amazon is offering its new “Make an Offer” service on over 150,000 items. These include collectable coins, fine art, sports memorabilia, and other “haggleable” items. Unlike online auction […]
The Greek stock market, the “Athex,” just suffered its worst single-day crash in history… MarketWatch reports the index dropped almost 13% (-12.78%) on Tuesday. The crash was 32% greater than the 9.7% drop it suffered on October 24, 2010… when the European debt crisis was at its peak. Greece was about to default on its […]