In a famous Monty Python sketch, a customer who bought a “Norwegian Blue” parrot brings the clearly dead bird back to the pet shop for a refund. The shopkeeper argues that the parrot isn’t dead… it’s merely “resting.”As the post-election rally fades, is the aging bull market on its death… Read More

As part of a long-term investment strategy, real estate can serve as a portfolio diversifier and inflation hedge. But if you make poor decisions, real estate can put you in a very deep financial hole that lasts for years.Case in point: This past weekend, I found myself watching on Netflix… Read More

Cue Frank Sinatra: “Regrets, I’ve had a few…”I periodically ask readers to share their biggest investment regrets. I got this email last night:“I met my wife of 25 years in 1989. Not long after we met, sometime in 1990 or thereabouts, she asked me where she should invest her $2,000… Read More

Shocking the norms of political discourse is customary for Donald Trump and he did so again on Wednesday, when he publicly sided with WikiLeaks founder Julian Assange against America’s own intelligence community. Contrary to the findings of the NSA, CIA and FBI, Trump endorsed the activist’s claim that Russia didn’t… Read More

The death last week of Star Wars actress Carrie Fisher at the relatively young age of 60 was a deeply sad event that brought back four decades of memories. It also reminded me of the mind-boggling money mistake committed by her co-star Harrison Ford. I’ll get to that in a… Read More

People often corner me at cocktail parties seeking free investment advice. I consider it an occupational hazard. However, during this year’s holiday gatherings, I noticed an added dimension of anxiety if not downright fear.It’s called “Trump Derangement Syndrome,” and yes, it’s a real thing. Psychiatrists are reporting greater levels of… Read More

In classic movies, a montage of overflowing mailbags often represented the power of public opinion. Either that, or someone would run into the room and shout: “The switchboard is lighting up!” The Investing Daily team gets lots of feedback, too. In this digital era, our letters mostly arrive in the… Read More

I’ve noticed more and more traders on the floor of the New York Stock Exchange wearing silly “Dow 20,000” ball caps. That’s a contrarian indicator if I’ve ever seen one.Analysts cheerleading for Dow 20,000 are wasting print and pixels. Even if the Dow does reach 20,000, it won’t stay there… Read More

I miss Richard Nixon. His sweaty, sneering, shifty-eyed performances during press conferences were the stuff of comic opera. On the Watergate tapes, Nixon is heard telling his national security advisor Henry Kissinger: “Never forget, the press is the enemy.”In a way, the press is your enemy, too. By that, I… Read More

The personal computer, the Internet and the smartphone all revolutionized daily life. To this list of disruptive technologies we can add drones. These pilot-less aircraft represent one of the most compelling investment opportunities you’ll see in your lifetime.And they’re about to put Santa’s reindeer out of a job.E-commerce juggernaut Amazon… Read More