intrinsic value
How To protect Your Dividend Growth Portfolio from the Pending Market Crash
2020-02-05
Introduction Ever since I first entered the investment industry circa 1970, I have been confronted with a constant and persistent admonition about the next pending market crash. In those early days I contributed much of the negativity toward stocks to a lingering overhang from the Great Depression. Many of the people I was talking with […]
Interest Rates and Stock Values Truth Be Told
2020-01-23
Introduction The idea that interest rates directly affect stock prices is a commonly held belief among many investors. There are some that even go as far as to say that the only reason the stock market is up is because interest rates have been artificially kept low by the Fed. With this article, I’m going […]
Value Investing Is A Long-Term Strategy and Should Be Judged Accordingly
2020-01-16
Introduction Almost by definition, value investing rarely performs well in the short run. This is especially true when you are in a strong bull market like we’ve been in since March 2009. Most companies as represented by the S&P 500 are currently trading at fundamental multiples that are significantly above historical norms. Below is a […]
This is How You Can Beat the Market Without Fail
2020-01-09
Introduction With this article I am going to present several ways that investors, especially retired investors, can beat the market without fail. However, what I will be presenting may not be what you are expecting, particularly if you have a narrow notion of what beating the market means. In other words, one of my primary […]
Investing Is Hard Enough: Here Is How to Avoid Making Obvious Mistakes
2019-12-18
The Key to Avoiding Obvious Mistakes Understanding how to value a business is the key to avoiding making obvious mistakes when purchasing or selling common stocks. When you know what your investment is worth, the market cannot take advantage of your gullibility. When you don’t know what your investment is worth, markets can easily influence […]
Answering the Important Questions: When to Buy or When to Sell A Stock: Part 1
2019-11-27
Introduction As a seasoned and grizzled veteran of the financial services industry for now going on 50 years, the most commonly asked questions I have received, and still do to this day, are: when to buy and when to sell a stock? Moreover, these very questions are the mother of how and why I have […]