Canadian Investors Are (Mostly) Losers
I have nothing but great respect and admiration for our neighbors up north. If you spend any time in Canada, you will be struck by the kindness, civility and charm of its people. Canadians enjoy long life expectancy, high average...
A Sad Cautionary Tale of Fraud
Recently, an adviser told me how one of his clients was scammed out of hundreds of thousands of dollars by his son. Let’s call the client “Bill,” the son “Robert,” the adviser “Phil” and the advisory firm “Registered.” Phil works on...
A Cheap Investment That Could Return Millions
In 2006, I wrote The Smartest Investment Book You’ll Ever Read. Prior to that time, many investment books were long and mind-numbing, filled with charts, and intended to make investing so complex that readers would be incentivized to consult with the...
Investing Lessons From the Donald Sterling Saga
According to the Law Blog on The Wall Street Journal website, controversial Los Angeles Clippers owner Donald Sterling has retained Maxwell Blecher, a highly respected Los Angeles antitrust lawyer in his fight against the NBA. (Full disclosure: I have enjoyed a personal and professional...
The Potential Problem Looming in Your Retirement Portfolio
There is a potential problem looming in your retirement portfolio. Unfortunately, there is little you can do about its cause because it resides in the deep recesses of your brain. As we age, the likelihood that many of us will...
Learn Investing Tips From Property Transfers
Sometimes, valuable insights about investing can be derived from unlikely sources. According to published reports, the largest home purchase in U.S. history recently closed. The property is an 18-acre estate located in East Hampton, N.Y. The purchase price was an astounding...
A Risk-free Investment With High Expected Returns
For much of the past decade, I have been on a mission to persuade you to fundamentally change the way you invest. It’s my firmly held view that the road to financial perdition begins with a call to a broker...
A Risk-free Investment With High Expected Returns
For much of the past decade, I have been on a mission to persuade you to fundamentally change the way you invest. It’s my firmly held view that the road to financial perdition begins with a call to a broker...
A Tale of Two Investors
This is a tale of two fictional investors, Paul and Mary. They approach investing very differently. I suspect you will be able to identify with one of them, and perhaps learn something from both. Both Paul and Mary are deeply...
Make the “Rigged” Markets Work for You
The recent appearance by Michael Lewis on 60 Minutes and the publication of his book Flash Boys has generated a furor over the perceived inequities of high-frequency trading. The idea that those engaged in high-frequency trading are permitted to “see” your trades, purchase stock...
