One hundred years from now, when cultural histories of this era are written, entire chapters will be devoted to the effects on society of the 24-hour news cycle and the 24/7 Internet. In the investing world, this media bandwidth has provided a forum for a generation of gurus who tell us what we should do [...]
The medical marijuana industry believes offering penny stocks to investors is the path to legitimacy and growth. Investment analysts call that a half-baked idea. A handful of medical marijuana companies sell stock on the Pink Sheets, the unofficial name for stocks that sell over the counter, with prices usually below $2. The stocks are not [...]
Continue reading …Bank earnings are taking the focus on Wall Street. So far, the results have been mixed. Goldman Sachs Group Inc. reported Wednesday its profit dropped 53 percent in the fourth quarter due to sharp declines in its investment banking businesses. Revenue declined 10 percent. It shares dropped 3.2 percent in pre-market dealings. Bank of New [...]
Continue reading …The Colorado Division of Securities filed charges against E*Trade Securities, alleging that the New York-based broker falsely represented auction rate securities. The false representations that the securities were liquid, short-term investments gave Colorado investors a “false sense of security,” said Commissioner Fred Joseph. In the complaint, the division alleges that E*Trade violated the Colorado Securities [...]
Continue reading …The strategy of making a profit, but not at the expense of morals or beliefs, isn’t always easy. Not every investor is chasing the hottest new stock on Wall Street — some are putting their money where their values are. Known as faith-based investing, the strategy is still to make a profit, but not at the [...]
Continue reading …One of the keys to a happy healthy retirement in the future is “living within your means,” now — so there’s money to save and invest. And for all the investors who thought they were doing the right thing — spending sensibly, saving prodigiously and investing steadily — but still were beaten soundly by Wall [...]
Continue reading …I recently taught an investments class to some talented students at Colorado College. I was a bit concerned that I might go overboard in suggesting passive investing but, surprisingly, the students pointed out just the opposite. Here are the four ways they claim I’m an active investor. Rebalancing – Passive investing implies “buy and hold.” [...]
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