Reality: the biggest dividends can be some of the safest single income opportunities in the market.
|
|
- Noel Jennings
- 6 years ago
- Views:
Transcription
1 1
2 Myth: Big dividends are risky, and signal that a company is in trouble. Reality: the biggest dividends can be some of the safest single income opportunities in the market. We ve all heard the warnings about companies that pay out bigger than normal dividends. The average company in the S&P 500 is currently yielding just 2%. And most experts recommend avoiding any stock with a dividend of more than 7%. While it s true that big dividends can be unsustainable and mean bad news for a company, there are some notable exceptions. My Evidence: along with my research team, I ve spent the last five months on a huge research project looking at over 4,218 of the largest dividend payouts. What I discovered is shocking and could change income investing forever. That s because I ve discovered a very unusual income opportunity that drastically outperforms the market. To illustrate what I ve found, let me explain what might be the worst-case scenario for the type of dividend payout I m talking about. The 60% Dividend Payday If you re interested in gadgets, you might remember a company called Palm. It s now defunct, but in the early and mid-2000s Palm was the world leader in smart mobile devices. Remember, this was years before the Apple iphone, ipad and Android phones and tablets hit the market. At the time, Palm sold mobile phones and tablet-like devices called Personal Digital Assistants, or PDAs. Palm had the market cornered for nearly a decade with products like the Palm Pilot and similar mobile phone products. And in June 2007, it was still near the top of the heap, though Palm faced tough competition from Blackberry and later that month Apple launched the first iphone. In any event, Palm announced a huge dividend on the heels of special financing from a private equity firm. First off, the company did a lot of tap-dancing to make this private equity deal go through. And in the end, a significant chunk of the dividend was financed through debt. That s always a warning sign for any dividend, but it was especially problematic in this case. That s because this dividend amounted to $9 a share. The dividend equaled 60% of the share price, based on the declaration day price of $16 a share. That s right: Palm issued a 60% dividend, mostly funded with debt. 2
3 That seems crazy, since most companies pay out 2 or 4% dividends. Yet in this unique situation, Palm was paying out over half of its market cap in just one day. And it did pay out $9 a share But what happened next is the greatest fear for most investors. First, the stock dropped $9 a share on the ex-dividend date which happened to be the day after the dividend was issued. For people who never really take a close look at their dividend, this price drop always happens It s just that with most dividends, the yield is so small they don t notice the commensurate drop in stock price. (More on this price-drop phenomenon in a minute ) In Palm s case, it was such a big drop that it shocked many shareholders into dumping shares right after the payout. How do I know? Well you can look at the trading volume for PALM stock. In the days before the payout, Palm traded between 2 and 4 million shares a day. But the day after the payout (when shares dropped $9), trading volume spiked to over 13 million shares. That was the biggest volume day in months. We can t know for sure, but it seems like investors panicked and sold Palm shares for the simple reason that they saw the price drop $9 in one day. They didn t know that stocks always fall on their ex-dividend date, commensurate with the dividend payout. But the bad news didn t stop there. In September of 2007, Lehman Brothers analyst Jeff Kvaal downgraded Palm citing competitive concerns. And then things got worse. After selling for a high of $19 a share in 2007, the stock tumbled down to the mid $1 range by December Obviously the financial crisis was in full swing, and that crushed all stocks. But the timing couldn t be worse for Palm. That s because the New York Stock Exchange has listing requirements that say a company has to sell for at least $1, or it can get de-listed from the exchange. So to re-cap: Palm issued a huge dividend funded by debt Stock price dropped 60% when the dividend was paid out The company faced enormous competitive headwinds from the Blackberry, the iphone and Android devices And was on the verge of being de-listed by the NYSE 3
4 But then, something amazing happened Palm stock started rising and rebounded to its $16 declaration day price and then kept going. It got up to over $18 a share by November of 2009 just over 2 years after the $9 dividend payout. In other words, investors who bought Palm on or near the declaration date ended up with a 60% dividend payout and a 12% capital gain in about 28 months. That s a total gain of 72%, and an annualized gain of about 26%. Now, you probably haven t thought about Palm very much recently. And I didn t either, until I started my latest research project. But I remember these facts, because I d covered Palm as a research analyst back in 2007, and I always wondered: If this company with everything going against it can regain its pre-dividend share price how often does it happen? Is there a viable trading strategy based on collecting big dividends and capital gains? In other words, can we have our cake (giant dividends) and eat it too (have the stock rebound to its pre-dividend price)? As I mentioned, I dug into over 4,218 of the largest dividend payouts going to back to the early 1990s. But before I did this research, I looked everywhere to see if anyone else had done this kind of digging. I was shocked to find that there really isn t any research of this kind that seeks to answer this specific question. No one has looked at big dividends and near-term stock performance. No one has tracked how these companies perform after big payouts until now. And this research was time consuming to say the least. But this research has convinced me that in some (not all) circumstances, buying companies ahead of a large dividend payout can be one of the safest ways to collect income and capture capital gains. This research probably seems outrageous, because the theme we always hear is that big dividends or big gains generally come with big risks. But these large payouts are not the result of excessive risk or leverage they re usually the result of an unexpected windfall for the company. 4
5 The basis for paying out a giant dividend basically comes down to a situation where a company has a huge amount of cash and no good way to spend it. A large influx of cash could come from almost any source. It could be from a big lawsuit victory. It could come from selling a division of the company or of real estate assets. If could be the result of repatriating assets being held overseas. Or it could be the result of huge, blow-out earnings. These events are all good news and signal a healthy company that s gushing cash. And passing on cash to shareholders is about as shareholder friendly as it gets. That s almost always a good sign. So why does the price drop? Remember the price-drop phenomena I mentioned earlier? It s important to understand why the stock drops in price on the ex-dividend date because I believe this drop is the key to why this strategy is profitable and it s also why many investors blow their chance at making money from these large payout events. This is the single most important key to why this dividend strategy works In short, stock exchange market makers drop the price commensurate with the per share dividend payout. Now, at first glance it makes sense. If a $10 stock pays out a $1 dividend how do you account for $1 per share leaving the company s books? The simplest and most straightforward way is to drop the price of the stock $1 on the ex-dividend date. Exchanges drop the price so that people don t just buy the stock the day before ex-dividend, then collect it and sell the next day. I understand why But for an example of why this price drop is imperfect at best and a great buying opportunity think about a company like Berkshire Hathaway. For one, Berkshire has never paid a dividend, and likely never will. But Berkshire is a cashproducing machine. Every MONTH Berkshire brings in about $1.5 billion in cash from its various subsidiaries and stock holdings. If Berkshire s stock price truly reflected its cash holdings, then from one month to the next, you might expect it to sell for about $1.5 billion more. Or at the very least, you might expect it to be valued at about $18 billion more after 12 months. But of course, that s not what happens. 5
6 Berkshire has about $18 billion more than it did this time last year. And yet it s stock is selling for about 2% less than it was a year ago. So, there s no rhyme or reason that strictly ties cash holdings of a company to its share price. We can see this phenomenon all the time when companies make other cash transactions, like an employee bonus payout, or a real estate transaction, or an acquisition. All of these cash transactions result in one-time cash deductions that may or may not materially affect the company and which certainly don t directly impact the stock price. When it comes to a one-day dividend payout, the market makers on the NYSE and NASDAQ exchanges drop the price. I understand why. Cash in the bank is obviously important, but I don t think very many investors would say that a $1 per share cash transaction has an equal and opposite effect on the stock price. A company is much, much more than just the cash it has in the bank. There are obviously other tangible assets like real estate, equipment and other property, but things like brand and market penetration and growth are very intangible, and arguably more important than cash on the balance sheet. Ask Coca Cola or Nike if they d rather lose all of their cash or their brand name, and I think you ll have an idea of what I mean. 6
7 The Catch So these big payouts offer us a unique opportunity to profit from a real asymmetry in the market. They happen more often than you might think: according to my research, about an average of 15 large dividends get paid out each month. Even better: there s good reason to believe that companies may start to accelerate these payouts. But the catch is: in order to capture the bulk of the gains, you have to be prepared to act quickly on a dividend announcement. My research shows that the biggest gains come on the day the company declares the dividend. After that, the market seems to bid the stock price up, which lowers the dividend yield. There are circumstances where you wouldn t want to collect the dividend! I mentioned the Palm example, and even though it worked out, it was a long shot mostly because the dividend was funded by debt, instead of a cash windfall. But the good news is: As a member of Income and Prosperity: Dividend Alerts, I will send you updates on upcoming large dividends as they get announced. The important thing is to be attentive to these s. I will be sending them out as I find new information about these large payouts. Plus, I ll continue to share more of my research findings from this groundbreaking project. Keep an eye out for about an or two every week and be ready to act when the time is right. Good investing, Steve Mauzy Contributing Editor 7
8 Disclaimer Wyatt Investment Research is neither a registered investment adviser nor a broker/dealer. Readers are advised that this electronic publication is issued solely for information purposes and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. The views expressed herein are based upon our analysis of the issuer's public disclosures, and assumes both their accuracy and completeness. The opinions and statements included herein are based on sources (including the companies discussed and public sources) believed to be reliable and in good faith, but no representation or warranty, express or implied, is made as to their accuracy, completeness or correctness. We have not independently verified the information contained herein. This information is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. We encourage you to consult with independent financial advisors with respect to any investment in the securities mentioned herein. You should review a complete information package on all companies, which should include, but not be limited to, the Company's annual report, quarterly reports, press releases and all regulatory filings. All information contained in Wyatt Investment Research Publications should be independently verified with the subject company. The foregoing discussion contains forward-looking statements, which are based on current expectations, estimates and projections, and differences from such expectations, estimates and projections can be expected. Wyatt Investment Research is intended only for residents of the United States. Wyatt Investment Research is not intended for residents of the United Kingdom, and is not an approved publication by the Financial Services Authority in the UK. The information contained in this newsletter is not intended to be a complete discussion of information regarding all of the current and/or intended business activities of the covered companies. Any opinions expressed in Wyatt Investment Research s publications are statements of judgment as of the date of publication, are subject to change without further notice, and may not necessarily be reprinted in future publications or elsewhere. Wyatt Investment Research and its members, managers, writers and employees do not accept compensation from the companies discussed within Wyatt Investment Research s publications. Wyatt Investment Research and its members, managers, writers and employees, and their families from time to time position in the securities of the companies discussed within Wyatt Investment Research s publications. These positions are subject to change at any time without notice. YOU SHOULD VERIFY ALL CLAIMS AND DO YOUR OWN RESEARCH BEFORE INVESTING IN ANY SECURITIES MENTIONED ON THIS WEBSITE. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. YOU MAY LOSE PART OR ALL OF YOUR PRINCIPAL INVESTMENT. We encourage you to review the financial and educational information available at the U.S. Securities and Exchange Commission ("SEC") website ( and the National Association of Securities Dealers ("NASD") website ( Wyatt Investment Research. All rights reserved. This document is copyright 2016 Wyatt Investment Research. This document and all of the information contained herein cannot be reproduced, modified, or distributed in any other way without the prior written authorization from Wyatt Investment Research. Wyatt Investment Research Toll Free: or International: PO Box 790 Web Site: Richmond, VT Customer Service: customerservice@wyattresearch.com 8
Collect the Biggest Dividends In Stock Market History
Collect the Biggest Dividends In Stock Market History Myth: Big dividends are risky, and signal that a company is in trouble. Reality: the biggest dividends can be some of the safest single income opportunities
More informationThe Easiest Way To Make Money In Real Estate
The Easiest Way To Make Money In Real Estate Introduction Here we go You re interested in making money in real estate. That s why you re reading this report. I know your goal You want a better return than
More informationHow to Turn Your. Brokerage Account Into an ATM
How to Turn Your Brokerage Account Into an ATM How to Turn Your Brokerage Account Into an ATM By Jeff P. Opdyke A lot of investors are looking for investment income these days. Unfortunately, 99% of Americans
More informationNo duplication of transmission of the material included within except with express written permission from the author.
Copyright Option Genius LLC. All Rights Reserved No duplication of transmission of the material included within except with express written permission from the author. Be advised that all information is
More information4 BIG REASONS YOU CAN T AFFORD TO IGNORE BUSINESS CREDIT!
SPECIAL REPORT: 4 BIG REASONS YOU CAN T AFFORD TO IGNORE BUSINESS CREDIT! Provided compliments of: 4 Big Reasons You Can t Afford To Ignore Business Credit Copyright 2012 All rights reserved. No part of
More informationCOPYRIGHTED MATERIAL. The Check Is in the Mail. Get Paid to Invest with Dividends
Chapter One The Check Is in the Mail Get Paid to Invest with Dividends T HE CONTROLLER OF MY COMPANY IS NAMED PAM. Besides being a great controller, Pam has a great smile, one of those toothy ones that
More informationZenectWealth.com Page 1
ZenectWealth.com Page 1 LEGAL DISCLAIMER The information in this report has been obtained from sources believed to be reliable. However, the accuracy of this information cannot be guaranteed. Examples
More informationTRADE FOREX WITH BINARY OPTIONS NADEX.COM
TRADE FOREX WITH BINARY OPTIONS NADEX.COM CONTENTS A WORLD OF OPPORTUNITY Forex Opportunity Without the Forex Risk BINARY OPTIONS To Be or Not To Be? That s a Binary Question Who Sets a Binary Option's
More informationQuick-Star Quick t Guide -Star
Quick-Start Guide The Alpha Stock Alert Quick-Start Guide By Ted Bauman, Editor of Alpha Stock Alert WELCOME to Alpha Stock Alert! I m thrilled that you ve decided to join this exciting new system. As
More informationUnderstanding Financial Statements: The Basics
Coaching Program Understanding Financial Statements: The Basics 2010-18 As business owners or investors, most of us are at least familiar with the concept of financial statements. We understand that we
More informationBINARY OPTIONS: A SMARTER WAY TO TRADE THE WORLD'S MARKETS NADEX.COM
BINARY OPTIONS: A SMARTER WAY TO TRADE THE WORLD'S MARKETS NADEX.COM CONTENTS To Be or Not To Be? That s a Binary Question Who Sets a Binary Option's Price? And How? Price Reflects Probability Actually,
More informationGOLD & SILVER Investment Guide
$49.00 GOLD & SILVER Investment Guide Gold & Silver The Best Investments Ever! Looking to make money with your gold and silver investments? Of course you are That s why you re reading this gold and silver
More informationIs This Type of Stock Market For You? - Mike Swanson
Stock Market Barometer Quote of the month: Investors should recognize that Euroland s problems are global and secular in nature; it will be years before Euroland and developed nations in total can constructively
More informationPenny Stock Guide. Copyright 2017 StocksUnder1.org, All Rights Reserved.
Penny Stock Guide Disclaimer The information provided is not to be considered as a recommendation to buy certain stocks and is provided solely as an information resource to help traders make their own
More informationHello. Classic Classic Plus
Hello. Classic Classic Plus Welcome to a different kind of banking. Hello, welcome and above all, thank you for opening a current account with TSB. You ve joined a bank that isn t like any other bank.
More informationHOW YOU CAN SAFELY INVEST YOUR MONEY IN TODAY S MARKET THROUGH PRIVATE MONEY LENDING
HOW YOU CAN SAFELY INVEST YOUR MONEY IN TODAY S MARKET THROUGH PRIVATE MONEY LENDING Legal Notice Copyright Notice All rights reserved. No part of this publication may be reproduced or transmitted in any
More informationVolatility/Vix Trading. Your Step-by- Step Guide to Stock Trading
Volatility/Vix Trading Your Step-by- Step Guide to Stock Trading and Options Trading with Volatility Table Of Contents Introduction Chapter 1 What Is Volatility? Chapter 2 The Volatility Index Chapter
More informationDaniel Miller, Fundrise: Yeah, thank you very much.
Crowdfunding For Real Estate With Daniel Miller of Fundrise Zoe Hughes, PrivcapRE: I m joined here today by Daniel Miller, co- founder of Fundrise, a commercial real estate crowd sourcing platform. Thank
More informationNine Secrets To Stock Market Success! Valuable Tips From Market Pros
Nine Secrets To Stock Market Success! Valuable Tips From Market Pros Nine Secrets To Stock Market Success! Valuable Tips From Market Pros Have you ever wondered what makes some investors wildly successful,
More informationUnlocking 900% More Money
The Infinite Nest Egg: Unlocking 900% More Money for Retirement The Infinite Nest Egg: Unlocking 900% More Money for Retirement By Ted Bauman, Editor of Smart Money Alert MAIN Street investors have an
More informationTHE PENNY POT PROFITEER
PENNY POT PROFITS THE PENNY POT PROFITEER HOW TO BUY AND SELL PENNY POT STOCKS LIKE A PRO SEVEN FIGURE PUBLISHING The Penny Pot Profiteer How to Buy and Sell Penny Pot Stocks Like a Pro Hello, Ray Blanco
More informationScenic Video Transcript End-of-Period Accounting and Business Decisions Topics. Accounting decisions: o Accrual systems.
Income Statements» What s Behind?» Income Statements» Scenic Video www.navigatingaccounting.com/video/scenic-end-period-accounting-and-business-decisions Scenic Video Transcript End-of-Period Accounting
More informationIncrease Your Returns By 948%
Increase Your Returns By 948% How to Increase Your Returns by 948% or More: Covered Call Writing Welcome to our special report, How To Increase Your Returns By 948% Or More: Covered Call Writing". You
More informationLet Diversification Do Its Job
Let Diversification Do Its Job By CARL RICHARDS Sunday, January 13, 2013 The New York Times Investors typically set up a diversified investment portfolio to reduce their risk. Just hold a good mix of different
More informationThe Real Story of Successful Retirement. Money isn t magic, it s what you do with money that is magic.
The Real Story of Successful Retirement. Money isn t magic, it s what you do with money that is magic. Money Moves, Jim Yockey, 1996 Discover how a single solution could address the five most important
More informationIf you are over age 50, you get another $5,500 in catch-up contributions. Are you taking advantage of that additional amount?
Let s start this off with the obvious. I am not a certified financial planner. I am not a certified investment counselor. Anything I know about investing, I ve learned by making mistakes, not by taking
More informationEndless Income Wheel, Spoke 1: Get Paid to Name Your Own Entry Price
Endless Income Wheel, Spoke 1: Get Paid to Name Your Own Entry Price Special Report www.bonnerandpartners.com From Jim Nelson and Kelly Green, Editors, Legacy Income Trader Price is everything these days.
More informationHidden Secrets behind becoming A Forex Expert!
Hidden Secrets behind becoming A Forex Expert! From - www.forexadvantageblueprint.com 1 Special Report from http://www.forexadvantageblueprint.com Risk Disclosure Statement The contents of this e-book
More informationJOHN MORIKIS: SEAN HENNESSY:
JOHN MORIKIS: You ll be hearing from Jay Davisson, our president of the Americas Group, Cheri Pfeiffer, our president of our Diversified Brands Division, Joel Baxter, our president of our Global Supply
More informationTax Loss Harvesting at Vanguard A Primer
Tax Loss Harvesting at Vanguard A Primer In June of this year, there was a period of time where stocks dropped for about 6 days straight. In fact, if you look carefully at the chart, there were similar
More informationPennyStockProphet.com:
PennyStockProphet.com: Everything You Need To Know Before Investing In Micro Cap Stocks By James Connelly A.K.A. The Penny Stock Prophet www.pennystockprophet.com Getting Started Investing In Micro-Cap
More informationBetterment s Consumer Financial Perspectives Report: 10 Years After the Crash
Betterment s Consumer Financial Perspectives Report: 10 Years After the Crash Introduction 2 It s been 10 years since the collapse of Lehman Brothers triggered a chain reaction that produced a major recession.
More informationjoshuakennon.com by JOSHUA KENNON FEB. 6, 2013
joshuakennon.com An Investment Case Study of Eastman Kodak: How the Bankruptcy of One of America s Oldest Blue Chip Stocks Would Have Turned Out for Long- Term Investors by JOSHUA KENNON FEB. 6, 2013 One
More informationHOW YOU CAN INVEST YOUR MONEY IN TODAY S MARKET THROUGH PRIVATE MONEY LENDING
HOW YOU CAN INVEST YOUR MONEY IN TODAY S MARKET THROUGH PRIVATE MONEY LENDING Legal Notice Copyright Notice. All rights reserved. No part of this publication may be reproduced or transmitted in any form
More informationYou have many choices when it comes to money and investing. Only one was created with you in mind. A Structured Settlement can provide hope and a
You have many choices when it comes to money and investing. Only one was created with you in mind. A Structured Settlement can provide hope and a secure future. Tax-Free. Guaranteed Benefits. Custom-Designed.
More informationU.S. Debt Tops $20 Trillion - Stocks Soar To Record Highs
U.S. Debt Tops $20 Trillion - Stocks Soar To Record Highs September 20, 2017 by Gary Halbert of Halbert Wealth Management 1. National Debt Tops $20 Trillion, Equal to 107% of GDP 2. Debt Held by the Public
More informationHow to Collect $1,200 TOMORROW MORNING
How to Collect $1,200 TOMORROW MORNING How to Collect $1,200 Tomorrow Morning By Chad Shoop, Editor of Pure Income Please note: The trade I m about to lay out is an example of a recent one I sent to Pure
More informationECO155L19.doc 1 OKAY SO WHAT WE WANT TO DO IS WE WANT TO DISTINGUISH BETWEEN NOMINAL AND REAL GROSS DOMESTIC PRODUCT. WE SORT OF
ECO155L19.doc 1 OKAY SO WHAT WE WANT TO DO IS WE WANT TO DISTINGUISH BETWEEN NOMINAL AND REAL GROSS DOMESTIC PRODUCT. WE SORT OF GOT A LITTLE BIT OF A MATHEMATICAL CALCULATION TO GO THROUGH HERE. THESE
More informationSTOP RENTING AND OWN A HOME FOR LESS THAN YOU ARE PAYING IN RENT WITH VERY LITTLE MONEY DOWN
STOP RENTING AND OWN A HOME FOR LESS THAN YOU ARE PAYING IN RENT WITH VERY LITTLE MONEY DOWN 1. This free report will show you the tax benefits of owning your own home as well as: 2. How to get pre-approved
More informationNational Debt No Problem - We Owe It To Ourselves - WRONG!
National Debt No Problem - We Owe It To Ourselves - WRONG! June 20, 2018 by Gary Halbert of Halbert Wealth Management 1. Over 40 Years of Writing This Newsletter 2. National Debt Not a Problem We Owe It
More informationAllstate Agency Value Index 2011 Year Review
Allstate Agency Value Index Year Review In there were many active topics of discussion in the Allstate Community. Agency Terminations, Mergers and Acquisitions, Esurance along with the hottest of all topics:
More informationDesigning a Retirement Portfolio That s Just Right For You
Designing a Retirement Portfolio That s Just Right For You July 10, 2015 by Chuck Carnevale of F.A.S.T. Graphs Introduction No one knows your own personal financial situation better than you do. Every
More informationFind Private Lenders Now CHAPTER 10. At Last! How To. 114 Copyright 2010 Find Private Lenders Now, LLC All Rights Reserved
CHAPTER 10 At Last! How To Structure Your Deal 114 Copyright 2010 Find Private Lenders Now, LLC All Rights Reserved 1. Terms You will need to come up with a loan-to-value that will work for your business
More informationThe Investing Climate
November 18, 2018. Volume 14 The Investing Climate It has been a wild ride in the stock market these past couple of months. While history usually points to a wild October, a wild November is surprising
More informationClub Accounts - David Wilson Question 6.
Club Accounts - David Wilson. 2011 Question 6. Anyone familiar with Farm Accounts or Service Firms (notes for both topics are back on the webpage you found this on), will have no trouble with Club Accounts.
More informationThe Truth About How To Create A Secure Retirement Income For Life
The Truth About How To Create A Secure Retirement Income For Life By Mark Kennedy, www.kennedywealthmgmt.com There is so much conflicting information out in the media world about what to do with your money
More informationSAMURAI SCROOGE: IMPORTANT CONCEPTS
SAMURAI SCROOGE: IMPORTANT CONCEPTS CONTENTS 1. Trend vs. swing trading 2. Mechanical vs. discretionary trading 3. News 4. Drawdowns 5. Money management 6. Letting the system do the work 7. Trade journal
More informationCFD TRADING IN A FEW SIMPLE WORDS
CFD TRADING IN A FEW SIMPLE WORDS 1 TABLE OF CONTENTS: What Is Online Trading? 03 Forex 04 CFDs 05-06 Start Trading CFDs 07 What Exactly is Leverage 08-09 Pips 10 What Should I Invest in? 11 How to Open
More informationAugust Is A Month Of Decision- Mike Swanson
Stock Market Barometer The Most Influential Financial Newsletter Read By Over 500 Hedge Fund Managers and Thousands of Elite Investors ~ July 30 2015 August Is A Month Of Decision- Mike Swanson At the
More informationExploiting the Inefficiencies of Leveraged ETFs
Exploiting the Inefficiencies of Leveraged ETFs [Editor s Note: Here at WCI we try to keep things as simple as possible, most of the time. Not today though. Today we re going to be discussing leveraged
More informationFed Plans To Trim Its Massive $4.5 Trillion Balance Sheet
Fed Plans To Trim Its Massive $4.5 Trillion Balance Sheet June 21, 2017 by Gary Halbert of Halbert Wealth Management 1. Fed to Reduce Massive $4.5 Trillion Balance Sheet Implications 2. How the Fed Got
More informationFOREWORD I have a great job. I travel the world, give speeches, advise corporations, nurture companies, write about investing, and talk about investin
I have a great job. I travel the world, give speeches, advise corporations, nurture companies, write about investing, and talk about investing on television. It s the kind of job that has its share of
More informationIncome for Life #31. Interview With Brad Gibb
Income for Life #31 Interview With Brad Gibb Here is the transcript of our interview with Income for Life expert, Brad Gibb. Hello, everyone. It s Tim Mittelstaedt, your Wealth Builders Club member liaison.
More informationA Complex Simplification of the CDS Market
A Complex Simplification of the CDS Market CDS is once again (still) in the spotlight. We have moved on from debating whether or not a Credit Event has occurred in the Hellenic Republic, to concerns about
More informationIndex Investing and the Factor Evolution
Topic Paper May 2017 Index Investing and the Factor Evolution Every financial website displays key barometers to track global stock performance around the world at a glance in the form of stock indexes.
More informationThis is the Human-Centric Investing Podcast with John Diehl, where we look at the world of investing for the eyes of our clients. Take it away, John.
Human-Centric Investing Podcast February 2, 2019 Episode 25, Social Security: How will benefits be taxed? Host: John Diehl, John Diehl, Sr. Vice President, Strategic Markets, Hartford Funds Featured Guest:
More informationFidelity Wealth Service
Fidelity Wealth Service Dear Investor, New opportunities. The perfect property. The ideal retirement. Or maybe just the freedom to make it up as you go along. At Fidelity Wealth, we know every investor
More informationUnderstanding the VA Marketplace: Expanding the Pie
: Expanding the Pie Daniel Gangemi Managing Director Market Research and Analysis There is no guarantee that any forecasts or opinions in this material will be realized. Information should not be construed
More informationFiling Your Sole Proprietorship Return
Coaching Program 2010-9 Filing Your Sole Proprietorship Return A Sole Proprietorship is the default tax treatment for a single member LLC (limited liability company) that has not elected how it wants to
More informationThe #1 Way To Make Weekly Income With Weekly Options. Jack Carter
The #1 Way To Make Weekly Income With Weekly Options Jack Carter 1 Disclaimer: The risk of loss in trading options can be substantial, and you should carefully consider whether this trading is suitable
More information16 Skeptical Questions to ask before buying an Index Universal Life
16 Skeptical Questions to ask before buying an Index Universal Life When I started looking into using an IUL (index universal life insurance) as an asset to grow and protect my money, I had a ton of questions.
More informationWhen is it Time to Leave the Party?
Issue #13 / Summer 2018 When is it Time to Leave the Party? In this edition of the High Level Investment Report, I thought I would focus on Investment Psychology in markets nearing peak returns, and some
More informationPindyck and Rubinfeld, Chapter 17 Sections 17.1 and 17.2 Asymmetric information can cause a competitive equilibrium allocation to be inefficient.
Pindyck and Rubinfeld, Chapter 17 Sections 17.1 and 17.2 Asymmetric information can cause a competitive equilibrium allocation to be inefficient. A market has asymmetric information when some agents know
More informationOdds Rise For "Inverted Yield Curve" & New Recession
Odds Rise For "Inverted Yield Curve" & New Recession June 14, 2017 by Gary Halbert of Halbert Wealth Management 1. Policy Committee Set to Hike Fed Funds Rate Tomorrow 2. Yield Curve Flattening Could It
More information2016 January Financial Market Update
Charles Sherry Director, Institutional Education Group Blue Ocean Global Wealth 51 Monroe St., Plaza West 06 Rockville, MD 20850 Tel: 720.308.4560 csherry@blueoceanglobalwealth.com 2016 January Financial
More informationBeta Test Quick-Start Guide
The Stock Trader Alert Beta Test Quick-Start Guide Stock Trader ALERT Stock Trader ALERT The Stock Trader Alert Beta Test Quick-Start Guide By Ted Bauman, Editor of Stock Trader Alert WELCOME to Stock
More informationBy JW Warr
By JW Warr 1 WWW@AmericanNoteWarehouse.com JW@JWarr.com 512-308-3869 Have you ever found out something you already knew? For instance; what color is a YIELD sign? Most people will answer yellow. Well,
More informationYour Stock Market Survival Guide
Your Stock Market Survival Guide ROSENBERG FINANCIAL GROUP, INC. While this report can apply to all people, it is especially geared for people who: (1) are getting close to retirement; (2) are already
More informationIn this example, we cover how to discuss a sell-side divestiture transaction in investment banking interviews.
Breaking Into Wall Street Investment Banking Interview Guide Sample Deal Discussion #1 Sell-Side Divestiture Transaction Narrator: Hello everyone, and welcome to our first sample deal discussion. In this
More informationUSaver. USaver Reach. USaver SMSF. UHomeLoan. Features. 1. Save money. 2. Save time. 3. Save worry
U BANK UBank information 13.10.2017 U BANK ubank.com.au 13 30 80 Hello. We designed UBank with one thing in mind; to help you make more of your money, the easy way. Lee Hatton, CEO, UBank UBank is all
More information3 ETFs To Own In And 9 ETFs You Shouldn t
3 ETFs To Own In 2016 And 9 ETFs You Shouldn t ETFs have assumed the role of preferred investment vehicle among advisers, 81% of financial advisers surveyed are currently using or recommending ETFs with
More informationMACD Dots (15 MIN) MACD dot buy or sell. MACD above noise level and rolling / reversing (good for exit signal or, entry in range bound markets)
MACD Dots (15 MIN) The rules/assumptions 1. Entry is 1 pip above or below the high (low) of the dot candle 2. Stop is 10 pips below a recent swing low 3. Exit is somewhat discretionary and optimistic 4.
More informationALL ABOUT OTR Pro Trader
ALL ABOUT OTR Pro Trader Brought to you by: One New Options Pick Every Week! That s Our Promise Friend, As a subscriber to the Options Trading Research newsletter, you will now receive free the OTR Pro
More informationEvaluating Performance
Evaluating Performance Evaluating Performance Choosing investments is just the beginning of your work as an investor. As time goes by, you ll need to monitor the performance of these investments to see
More informationInterview With IRA Expert Ed Slott
Interview With IRA Expert Ed Slott By Robert Brokamp September 2, 2010 Motley Fool s Rule Your Retirement Certified public accountant Ed Slott, the author of five books, is considered one of America's
More informationSub-3% GDP Growth: A Lost Decade For The US Economy
Sub-3% GDP Growth: A Lost Decade For The US Economy February 3, 2016 by Gary Halbert of Halbert Wealth Management IN THIS ISSUE: 1. 4Q GDP Up Only 0.7% Economy Started and Ended Weak 2. A Controversy Over
More informationThe 10 Golden Rules of Trading. A mini ebook in the SmartTrader Series. Paul M King
The 10 Golden Rules of Trading A mini ebook in the SmartTrader Series By Paul M King This electronic book is Copyright PMKing Trading 2005. Any unauthorized distribution, copying, or reselling of this
More informationCopyright by Profits Run, Inc. Published by: Profits Run, Inc Beck Rd Unit F1. Wixom, MI
DISCLAIMER: Stock, forex, futures, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or
More informationThis article courtesy Caseyresearch.
This article courtesy Caseyresearch. Why Isn t This Incredibly Bearish Development Making the News? Editor s Note: This is one of the most important essays you ll read all year. In this special edition
More informationof approximately 35%
Goodwill I thought goodwill might be an interesting topic to give an introduction to. It is something people sometimes point out as a concern about certain companies and it is something that is related
More informationThe Hard Lessons of Stock Market History
The Hard Lessons of Stock Market History The Lessons of Stock Market History If you re like most people, you believe there s a great deal of truth in the old adage that history tends to repeats itself
More informationAUDIT COMMITTEE MINUTES
AUDIT COMMITTEE MINUTES Date: February 21 st 2013 Time: 5.13 pm In Attendance: CORY HODGSON (Chair) GLENN GENSLER RAPHAEL MLYNARSKI VICTORIA PHAM Excused Absence: KELSEY MILLS Others in Attendance: SACHITHA
More informationStock investing became all the rage during the late 1990s. Even tennis
In This Chapter Knowing the essentials Doing your own research Recognizing winners Exploring investment strategies Chapter 1 Exploring the Basics Stock investing became all the rage during the late 1990s.
More informationActivity: After the Bell Before the Curtain
Activity: After the Bell Before the Curtain Activity Objective: Students will review terms and concepts from the Stock Market Game. They will also realize that winning the SMG is not the most important
More informationPROFITING WITH FOREX: BONUS REPORT
PROFITING WITH FOREX: BONUS REPORT PROFITING WITH FOREX: The Most Effective Tools and Techniques for Trading Currencies BIG PROFITS COME FROM LETTING YOUR WINNERS RUN S. Wade Hansen Two axioms pervade
More informationAs you face the fact that you ll probably be living 20 to 30 or more years
In This Chapter Retiring or working Managing money and health Exploring work alternatives Running a business Expanding your knowledge Giving back to your community Chapter 1 The World of Work After Retirement
More informationWrestling with Something Else : Why this Gold Bear Market Is Different
Wrestling with Something Else : Why this Gold Bear Market Is Different May 15, 2015 by Frank Holmes of U.S. Global Investors Earlier this week, I had the pleasure to appear on Jim Puplava s Financial Sense
More informationA New Strategy for Downside Protection or Yield Enhancement
A New Strategy for Downside Protection or Yield Enhancement June 7, 2016 by Robert Huebscher Vest Financial Group Inc. was founded in 2012 by Jeff Chang and Karan Sood. Vest is dedicated to serving investment
More informationWhy Your Broker Won t Tell You About Covered Calls Introduction Welcome to our free report, "Covered Calls: What Your Broker Won t Tell You " Today, we re going to keep this report short and sweet but
More informationHedge Fund Salary Report
Hedge Fund Salary Report By HedgeFundHub.com Copyright 2011 HedgeFundHub.com ALL RIGHTS RESERVED This material is protected by copyright law. You may not copy, reproduce, forward or post it in any format.
More informationTHE MORGAN REPORT ASSET ALLOCATION
THE MORGAN REPORT ASSET ALLOCATION This section is for serious money. Our suggestion is for retirees or fund managers to focus on this section; it could contain up to 90% of the money allocated to precious
More informationA Simple Explanation for DALBAR's Misleading Results
A Simple Explanation for DALBAR's Misleading Results June 17, 2014 by Michael Edesess, Kwok L. Tsui, Carol Fabbri, and George Peacock The following is an excerpt from The 3 Simple Rules of Investing: Why
More informationHPLR Cash Machine. By A.J. Brown.
By A.J. Brown www.secretoftrading.com RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT Trading any financial market involves risk. This report and all and any of its contents are neither a solicitation
More informationTaiwan Mobile 4Q16 Results Conference Call January 25, 2017
Taiwan Mobile 4Q16 Results Conference Call January 25, 2017 James Jeng, President: Good afternoon. Before I start our presentation, I d like to direct your attention to our disclaimer page, which states:
More informationSycamore Market Analysis
Sycamore Market Analysis September 30, 2015 The third quarter came to an end with big gains for stocks. The rally did not quite reverse the effect of selling on Monday though with the S&P 500 still down
More informationMaximizing your Returns
C r u s h T h e S t r e e t Maximizing your Returns Trading Strategies www.crushthestreet.com The most basic principal when investing is to buy low and sell high. Daniel Ameduri Dear 10-Bagger Letter Member
More informationExplaining risk, return and volatility. An Octopus guide
Explaining risk, return and volatility An Octopus guide Important information The value of an investment, and any income from it, can fall as well as rise. You may not get back the full amount they invest.
More informationFor creating a sound investment strategy.
Five Rules For creating a sound investment strategy. 5 Part one of the two-part guide series Saving Smart for Retirement. The most important decision you will probably ever make concerns the balancing
More informationThe days ahead or the daze ahead?
The days ahead or the daze ahead? We all have big dreams and goals in life. Working to achieve them is what makes life a journey. Smart borrowing can help us reach some of those dreams of tomorrow like
More informationBOND MODEL COMMENTARY FOR APRIL 9, 2007
BOND MODEL COMMENTARY FOR APRIL 9, 2007 Charts and technical commentary by David Chapman Union Securities Ltd, 33 Yonge Street, Suite 901, Toronto, Ontario, M5E 1G4 fax (416) 604-0533, (416) 604-0557,
More information