“When the market turns, and it will… Many high burn rate companies will VAPORIZE.” That’s a tweet from Netscape founder Mark Andreessen. Web browser Netscape was how most folks “surfed the Web” in the modern Internet’s early days. Andreessen’s ominous comment refers to the amount of “high burn rate” startup companies enjoying valuations in the […]
That’s the dangerous headline of a recent CNNMoney article. A 2009 Drexel College graduate wrote it. He graduated school that year jobless, $50,000 in debt, and with $200 in his bank account. But unlike the student we featured in the December 10 Daily—who extinguished $13,000 in student loans in under a year by slashing expenses […]
From Grant Wasylik, chief analyst, The Palm Beach Letter: One of our Performance Portfolio holdings just announced another big “special” holiday dividend. Regular Palm Beach Letter (PBL) subscribers know we’ve stressed our “Special Dividend” theme for the last year. Special dividends—discretionary dividend payouts beyond the regular dividend payment schedule—are a way for us to collect […]
The Greek market crashed. Japan’s in a recession. Oil is plummeting. New defaults are feared. The list of scary headlines goes on and on… And all of these fear-laced concerns have caused the Volatility Index, or VIX, to spike almost 70% higher. The VIX is known as the market’s “fear gauge.” It closed above 20 […]
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 […]