Dividend investing has proved itself to be one of the best, most reliable strategies to amassing wealth. Because stocks beat out every other asset class over the long haul, and dividend-paying stocks outperform those that don’t make a payout, you will position yourself for generating riches by buying dividend growth stocks. However, you shouldn’t just buy any dividend growth stocks. That are lots of income…
Let me start today’s article with an admission: Closed-end funds (CEFs) are my passion—but not only for their 8%+ dividends (often paid monthly). But I’ll also admit that I’ve flirted with other big-yielding options, and they all came up short. Take exchange-traded notes (ETNs), which came and went years ago. I quickly dipped into these only to get out just as fast.…
As tracked by the price of WTI, crude oil that serves as one of the main global oil benchmarks, crude oil has climbed from the recent $65 to less than $80 per barrel trading range. A few weeks ago, the WTI price rose above $80, and recent trading shows that level might become a new floor. Even a massive build…
In this video, I talk a fair bit about the recent moves in GDL, SLV, GDX & SILJ and how these can serve as an indicator as to where the stock market may be going next. A brief synopsis of topics I also cover include: The pauses and pullbacks in the stock market. Why gap downs are actually a good…
It’s tempting to chase after the next big biotech breakthrough or speculate on businesses burning cash like there’s no tomorrow. However, that’s usually a fast track to disappointment – and a much lighter wallet. Instead, I believe the road to turning $50,000 into a cool $1 million is paved with high-quality, financially sound businesses. Betting on companies with bright futures,…
Sam Bankman-Fried on March 28 was sentenced to 25 years in prison by Judge Lewis Kaplan, a year and a half after Bankman-Fried’s crypto startup, FTX, suddenly exploded and crashed to the ground in spectacular fashion. The financial world is rife with fraud. The next Bankman-Fried, or Bernie Madoff, or Charles Ponzi, or “Kenny Boy” Lay is just around the…
With the equities market continuing to march higher, now may be an ideal time to consider sleeper stocks. Essentially, these are companies that attract little interest among investors. However, once more people recognize the underlying bullish narratives, they could fly higher. In this day and age of the 24/7 news cycle combined with social media, it may seem strange that sleeper stocks…
The Fibonacci extension on the S&P500 chart shows that it has reached the 618 halfway move and then blasted past the 100% measured move. So what will happen next? When hot terms like A.I. are used to advertise, say, toothbrushes, have we finally hit the peak? Is this a sign of exhaustion, or are we just getting started? Check this…
Penny growth stocks are all the rage for investors seeking explosive returns. With the market cycle potentially shifting and the Federal Reserve poised to cut interest rates up to three times this year, now could be an opportune time to grab some neglected penny stocks before they take off. While recessions have historically occurred more frequently in post-election years, I’m…
“What is the market going to do?” That’s the first question everyone asks when investing comes up. In the long run, the combination of cash flows, valuations, and interest rates suggests that we are looking at a decade or so of weak returns. Investors in need of higher returns on their money have two strategies they need to be considering…