Feb 3, 2012
Many tell me about the risk in buying stocks.
I tell them a simple story that I will repeat to you.
You can buy a 10-year U.S Treasury bond that pays 2 percent annually from a country that is $15 trillion in debt and has deficits or more than $1 trillion.
But somehow,...
Jan 27, 2012
As a person who knows more about taxes, investing and Warren Buffett than almost everyone in the world, I feel compelled to comment about the Buffett rule.
Buffett is my investing idol. He has made $200 billion by successful investing.
However, the facts are that...
Jan 20, 2012
Those who fought fear did well during the bloodbath.
Four months ago, I told everyone that buying stocks was a good idea, especially if you decide to pick stocks that are part of my Dividend Machine newsletter.
Here are my exact words: In fact this is the best time to...
Jan 13, 2012
In the past 12 months, we have heard doomsayers claim that the big banks were all insolvent, the S P 500 Index would be near 800, Europe was going to collapse and the worldwide financial system would implode.
This past weekend, I was at a party when someone said, Billy,...
Jan 6, 2012
People ask me what political party is better or worse for investors.
I am an independent voter and a professional investor who has made money during all different presidential administrations, including the current administration.
To me, it s all about being able to...
Dec 30, 2011
As someone younger than 50 who started with a small sum and achieved financial independence solely through allocating capital, I am astounded by the lack of financial literacy in our country.
Until recently, I blamed it on our educational system.
Let s face it: Our high...
Dec 23, 2011
Politicians in both parties are best at spending other people's money.
I am a frugal person who spends the exact same way, no matter who is paying the tab. I'm sure many of my loyal readers feel the same way.
The last time Congress tried to help America, it spent $787...
Dec 16, 2011
Attention all state attorney generals give the millions of underwater homeowners who have faithfully paid their mortgage over the years some relief!
An agreement has to be reached with the 50 state attorney generals and the big banks over the damages from the housing...