Thursday, November 14, 2024
Warren Buffett has done it again… Buffett’s Berkshire Hathaway (BRK.A, BRK.B) put $232 million into the Chinese battery and electric vehicle company BYD (BYDDY) in 2008. That stake is now worth a cool $7.7 billion, making it one of Berkshire’s most lucrative investments. Meanwhile, Elon Musk has heaped scorn on electric vehicle company BYD. Back […]
As inflation has climbed to 40-year highs, interest rates have also ratcheted higher. For borrowers, higher rates are not a good deal, as they raise the costs of taking out loans. For investors, however, higher rates open up opportunities to invest safely and still earn a meaningful return. Today, let’s talk about an investment product […]
Once a popular meme stock, Bed, Bath & Beyond (BBBY) could be in trouble. The stock price has recently shot higher on news that insiders are buying the shares. However, a large purchase of put options that expire in January of 2024 suggests there could be significant downside in the stock. This put position will […]
There was quite a bit of unusual options action in the Energy Select Sector SPDR ETF (XLE) last week. Energy has been in the spotlight with the price of crude oil plunging in recent days. However, a large ratio call spread in XLE suggests that energy stocks may have more room to rise this year. […]
Building income by investing for high yields and compounding that with reinvestment just works. And the Rule of 72 gives an easy way to project what turn out to be very attractive future results. Today, I want to show you this by revealing the income growth in my personal retirement account… And how I’m doubling […]
For thousands of years, the dual histories of humans and copper mining have intertwined. Copper is one of the few metals occurring in nature in a directly usable metallic form. This led to very early human use, beginning around 8000 BC. Thousands of years later, it was the first metal to be smelted from sulfide […]
The ongoing global oil shortage has triggered President Joe Biden’s call to shale producers to spend more of their profits on increasing output. But shale firms have been under pressure from shareholders for many years to focus on returns rather than production growth, this has been one of many contributors to the global oil shortage. […]
Welcome to the 2nd half of the trading year! No doubt the first 6 months of 2022 proved very challenging for both buy-and-hold investors & traders. July is setting up to be a massive month. Fed meetings… But, more importantly, earnings season is kicking off July 14th. Company financials will be an incredible indicator if […]
There has been only one bright spot in what’s turning out to be an annus horribilis for U.S. stocks – the energy sector. The S&P 500 has fallen into a bear market, down more than 20% this year. The benchmark index is on pace for one its worst opening six months since 1970. Historically, there […]
It’s a giant leap from having your money handled by a professional money manager to following the ETF recommendations from your company’s 401k provider and making your own investment decisions. How stocks, bonds, and funds work is complicated, and decisions about what to invest in have consequences. When stock prices rise, it’s easy to feel […]
