Investor CAFÉ Newsletters
Attention, Income Seekers: What’s Better than Annuities?
“When I was young, I thought that money was the most important thing in life; now that I am old, I know it is.” –Oscar Wilde Currently, I am reading Tony Robbins’s bestseller, “Money: Master the Game.” To be upfront, I’ve never been a fan of Tony Robbins and all the other motivational speakers who play […]
Steve Moore Talks about Unions, Money and How to Win the Presidency in 2016
“If we are going to win this war of ideas, 2016 is the most important election of this century.” — Steve Moore, chief economist, Heritage Foundation I spent time last weekend with Steve Moore, the Heritage Foundation’s chief economist and a writer for The Wall Street Journal. Steve told me the Dream Debate of the […]
Are We Headed for Another 1937-Style Recession?
“Premature decline in government spending could cause a 1937-style recession.” — Christina Romer Some economists worry that if the Fed raises rates too soon or the Republican-run Congress cuts government spending too much, we will have a 1937-style recession. The 1937 recession was known as a “recession within the depression.” Just as the economy was recovering […]
Just What the Money Doctor Ordered
“For decades health spending has grown faster than the economy as a whole. But the growth in America’s health-care spending is slowing.” — The Economist (March 7, 2015) The Economist recently suggested that America’s out-of-control spending on healthcare — 17% of gross domestic product (GDP), higher than any other nation — is about to slow down. But that […]
How to be the Next Millionaire Next Door
If you want to be wealthy, live below your means.” — Paul Merriman A few days ago, Thomas Stanley, author of “The Millionaire Next Door,” died in a car accident at the age of 71. I met Mr. Stanley at the Atlanta Investment Conference a few years ago (hosted by Martin Truax, a well-known stockbroker and money […]
Surprise, Surprise. Higher Dividends = Higher Earnings Growth!
I had lunch yesterday with Rob Arnott, founder and CEO of Research Affiliates, a California-based investment management firm. The company manages more than $170 billion. Mr. Arnott is also a financial wizard, having written several award-winning academic papers for the Journal of Portfolio Management. He is famous for inventing fundamental stock index funds and exchange-traded funds (ETFs), […]
Can We Still Make Big Profits in the Stock Market? Yes, We Can!
“Asset prices for stocks and bonds are high. The golden age of investing is over.” — Robert Shiller, author, “Irrational Exuberance” (2015 edition) I was pleased to receive an enthusiastic response from subscribers at the recent Orlando MoneyShow. Many people expressed appreciation for our steady gains over the years with my Forecasts & Strategies investment […]
Look, Mom, No Traffic Jams!
“There is great virtue in the original concept of users-pay/users-benefit.” –Robert Poole, Jr., Nation’s #1 Transportation Expert One of the consequences of Keynesian economics is the gradual decline in capital investment, especially in infrastructure, in the United States. The late, great management guru Peter Drucker blamed Keynesian thinking for an unhealthy anti-saving mentality, causing “undersaving […]
Apple’s Success Confirms the Great Man Theory and Say’s Law
“If I asked customers what they wanted, they would have said, a faster horse.” — Henry Ford This week in my unique course, “Libertarian CEOs” at Chapman University, we talked about Friedrich Wieser’s “great man” theory. The Austrian economist argued that all great companies achieve success because a single creative individual leads the way. The late […]
Why the Latest B2B and GDP Data Are Bullish!
Last Friday, the feds released the first estimate of gross domestic product (GDP) growth for the fourth quarter and reported that economic growth cooled to a 2.6% annualized rate, much slower than the 5% rate reported for the third quarter. I’m not surprised by the slowdown. A week earlier, the government had released its Gross […]
