The Wealth Code 2.0 Blog

The 7-Deadly Investing Sins

 Submitted by Lance Roberts via RealInvestmentAdvice.com, I have often written about the emotional and psychological factors that inhibit long-term investment performance (most recently here). Despite repeated studies that suggest investors should just buy “passive index” funds and “hold on” until eternity, the reality is that it simply does not work that way. If you were […]

How Lenders Control The Future Of Oilfield Services

Submitted by David Yager via OilPrice.com, For the thousands of new entrants into the oilfield services (OFS) industry in the past 15 years – both workers and companies – if you didn’t know what senior secured lending covenants were a year ago, you sure do now. Whether your vehicle has been repossessed, your company is […]

If You Want To Be Wealthy, Don’t Buy A House – Build/Buy A Business

Submitted by Charles Hugh-Smith of OfTwoMinds blog, The key take-away: focus on owning income-producing assets, not a primary residence. One truism of investing is to follow the lead of those who are building wealth. This chart reveals the foundation of the wealth of the top 1% and the next 9%; business equity, i.e. ownership of […]

Hedge fund after hedge fund closing their doors for the simple reason investing today doesn’t make any sense.

Submitted by Tyler Durden on 01/05/2016 11:05 -0500 zerohedge.com As noted moments ago, the iconic $1.5 billion Nevsky Capital is calling it quits. What is surprising, is that unlike some “one hit wonder” hedge fund wannabe, Nevsky is actually a brand name in the hedge fund community, as demonstrated by the following performance charts.   […]

Franklin Income Fund – Sold by advisers for being conservative but is it?

By John Coumarianos Published: Dec 28, 2015 5:08 a.m. ET marketwatch.com Gunning for yield from bond funds is a loaded bet The recent announcement that Third Avenue Focused Income Fund would undergo an orderly liquidation has investors on edge about junk bonds. Fortunately, the Third Avenue fund, with its high-concentration in triple-C rated and unrated […]

Inflation Watch – New Yorker Edition

Submitted by Tyler Durden on 12/19/2015 20:00 -0500 zerohedge.com Hedonically-adjusted words for the wealthy…   From Shadowstats.com showing real inflation using the methodology from 1982 where they actually measured a consistent basket of goods and today where they cut out things we never use like food and gas and then massage the data lower with […]

Peter Schiff: “Mission Accomplished”

By Peter Schiff of EuroPacific Capital Mission Accomplished On May 1, 2003 on the flight deck of the USS Abraham Lincoln then President George W. Bush, after becoming the first U.S. president to land on an aircraft carrier in a fixed wing aircraft (in a dashing olive drab flight suit), declared underneath an enormous “Mission Accomplished” banner […]

This is how much money exists in the entire world, in one chart

By Sue Chang Published: Dec 18, 2015 2:31 p.m. ET www.marketwatch.com There is $1.2 quadrillion invested in derivatives alone. Ever wonder how much money there is in the world? The answer is complicated, which you might expect, but not because of the difficulty of tallying up all the rather large numbers. Rather, it’s more about […]

What a $1 million home looks like in 20 different cities

New York and Los Angeles are the best… The best at showing insanity! By Sally French Published: Dec 18, 2015 12:59 p.m. ET      www.marketwatch.com What $1 million buys you in San Francisco is very different than what you get in San Diego. Getty Images U.S. home prices picked up steam in the most […]

Stocks are more overvalued now than at 2000 and 2007 peaks

Published: Dec 11, 2015 5:08 a.m. ET By MARK HULBERT CHAPEL HILL, N.C. (MarketWatch) — The stock market currently is even more overvalued than it was at the bull market peaks of both March 2000 and October 2007 — according to not just one, but two, valuation measures. That at least is the message of […]