Relief. That’s what I feel right now regarding the markets after the recent pullback (even as it continues). In fact, I feel better about the markets now than I did just a couple of weeks ago. Does that mean I think the worst is behind us and the market will continue hitting new highs? Absolutely not. The truth is, I don’t know what’s going to happen in the future any more than you do. But here’s what I do know. A market selloff was inevitable. And it wasn’t so much a market selloff that had me concerned… it was the… Read More

Relief. That’s what I feel right now regarding the markets after the recent pullback (even as it continues). In fact, I feel better about the markets now than I did just a couple of weeks ago. Does that mean I think the worst is behind us and the market will continue hitting new highs? Absolutely not. The truth is, I don’t know what’s going to happen in the future any more than you do. But here’s what I do know. A market selloff was inevitable. And it wasn’t so much a market selloff that had me concerned… it was the relentless climb of the market without so much as a hiccup. The S&P 500 went 400-some trading days since its last decline of 5% or more — the longest such period in 20 years. And the market’s 4.1% plunge on Monday, February 5, was the biggest one-day drop since 2011. —Sponsored Link— Forget Social Security! Thousands of U.S. taxpayers are lining up for the chance to grab huge four- and five-digit checks starting March 1. Massive payouts from a new private program that make the average Social Security check look like mincemeat. Read More

More than 50 years ago, Charlie Munger told his partner that, “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” This would become a sort of guiding principle as Munger and Warren Buffett built their empire, Berkshire Hathaway. Like many fans of Munger and Buffett, I keep these sage words in mind when looking for my next investment. And of course, there’s no shortage of “wonderful businesses” in the stock market; the problem is that most of them are trading at a premium in today’s lofty market environment.  Last… Read More

More than 50 years ago, Charlie Munger told his partner that, “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.” This would become a sort of guiding principle as Munger and Warren Buffett built their empire, Berkshire Hathaway. Like many fans of Munger and Buffett, I keep these sage words in mind when looking for my next investment. And of course, there’s no shortage of “wonderful businesses” in the stock market; the problem is that most of them are trading at a premium in today’s lofty market environment.  Last August, I told my premium Top Stock Advisor readers about the numerous indicators pointing toward high market valuations. More specifically, I mentioned that the S&P 500 was sporting a forward 12-month P/E ratio of 17.7, which is higher than the five-year average of 15.4 and the 10-year average of 14. On top of that, the cyclically adjusted price-to-earnings ratio, or CAPE, had surpassed the levels of 2008 and was nearing Great Depression-era levels. —Sponsored Link— Trump’s Set To Send This $0.24 Stock Exploding Higher! Investors in this tiny company will love Trump for what he’s… Read More

In my September issue, I talked about how Ray Dalio started his fledgling company — Bridgewater Associates — out of his apartment in 1975 and went on to grow it into the largest hedge fund in the world. His accolades include consistently outperforming his peers (which is why his company is the world’s largest hedge fund) to sounding the alarm on the looming financial crisis in 2008. It was during the financial crisis — when few listened to him — that he really made his mark. While most of his peers were losing money or going belly-up, he turned a… Read More

In my September issue, I talked about how Ray Dalio started his fledgling company — Bridgewater Associates — out of his apartment in 1975 and went on to grow it into the largest hedge fund in the world. His accolades include consistently outperforming his peers (which is why his company is the world’s largest hedge fund) to sounding the alarm on the looming financial crisis in 2008. It was during the financial crisis — when few listened to him — that he really made his mark. While most of his peers were losing money or going belly-up, he turned a profit.  —Sponsored Link— New FCC Approval; Say Goodbye To Power Cords The FCC recently green lighted a stunning breakthrough device that will revolutionize electricity and get rid of the need for any plugs or cords. The Washington Times says that this technology “will change the world on a scale hardly seen in human history.” Even famed scientist Stephen Hawking agrees that “it’s about to change your life.” And this technology is set to pour $37.2 billion into this sector. But only one small company is at the center of this massive shift. Read More

It is one of the hottest — and most polarizing — topics in finance over the past few months. It’s talked about in the media nearly every day. Some have hailed it as the next “big thing,” while others have called it “rat poison.” Some believe we are just in the beginning of a bull market (despite its meteoric rise), while others relate it to the tulip mania bubble of the 1600s. I’m of course referring to Bitcoin and other cryptocurrencies.  —Sponsored Link— Is Amazon About To Shock Bitcoin Investors? If you’ve invested or are… Read More

It is one of the hottest — and most polarizing — topics in finance over the past few months. It’s talked about in the media nearly every day. Some have hailed it as the next “big thing,” while others have called it “rat poison.” Some believe we are just in the beginning of a bull market (despite its meteoric rise), while others relate it to the tulip mania bubble of the 1600s. I’m of course referring to Bitcoin and other cryptocurrencies.  —Sponsored Link— Is Amazon About To Shock Bitcoin Investors? If you’ve invested or are planning to invest in Bitcoin or other cryptocurrencies… You MUST click here and see what could be the biggest shock of 2018. This could be your only chance of turning $100 into a retirement fortune… In a matter of months… all thanks to Amazon. Click here for details. Now before you roll your eyes and write off the rest of today’s issue — which is what I used to do anytime I read something with the word “bitcoin” or “cryptocurrency” in it — there’s something you need to understand about this new… Read More