When Plenty Is Not Enough, Invest

“Praise, like gold and diamonds, owes its value only to its scarcity.” – Samuel Johnson “You want me to do what?!” I don’t usually respond to a request from Michael Masterson that way. But this time it sounded like he was asking for too much. He wanted me to give ETR readers a surefire way…

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Where’s the Ritz When You Need It?

“I was seldom able to see an opportunity until it had ceased to be one.” – Mark Twain Freakin’ Russia. It was one thing after another the morning we flew into Sheremetyevo Airport. We had barely stretched our legs when a burly airport cop tackled my colleague, Mike, for taking a picture of the baggage…

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The Contrarian Plays That Bag the Biggest Gains

“He that makes himself a sheep shall be eaten by a wolf.” – Italian Proverb The market punishes slowpokes and sheep, and that’s why the last thing you should do is invest like the pros. The difference between going with or against the pros is the difference between trailing in their path and picking up…

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Safe Income Investing in 6 Easy Steps

“Safety is something that happens between your ears, not something you hold in your hands.” – Jeff Cooper Six easy-to-follow rules are the only thing that stands between you and hitting the income jackpot. Follow these rules and it’s almost impossible not to get at least 12 percent in total annual returns. I know, because…

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The Austrian Prophecy

“It is much better to have your gold in the hand than in the heart.” – Thomas Fuller The last thing I want to do is scare you – but it’s time to wake up and smell the souffle! I’m talking about our puffed-up economy. With one good poke, the whole thing could tumble down…

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The Games Companies Play

“Many a man has fallen in love with a girl in a light so dim he would not have chosen a suit by it.” – Maurice Chevalier The more I’m wined and dined by a potential business partner or a company I’m thinking of recommending to my readers, the more I ask myself: “What are…

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Who Is That Investor Behind the Mask?

“This above all: To thine own self be true.” – Shakespeare “Hi. I’m Andrew Gordon. And I’m an alcoholic.” I was in the car with Ed, my first wife’s father. I was going to my first AA meeting with him. He was driving, but he still managed to shoot me a quick, exasperated look. “No,…

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How to Arm Yourself for the Next Market Downturn

“The key to making money in stocks is not to get scared out of them.” – Peter Lynch The recent turbulence in the stock market has thrown a lot of investors off their game. And if you’re one of them, I bet you want to know why it’s happening. It takes hours out of your…

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Investing Like You’ve Been There

“In the business world, the rearview mirror is always clearer than the windshield.” – Warren Buffett You’ve heard it all your life: Great opportunities come with great risks. And 98 percent of the time, risks come from not knowing what you’re doing and not knowing what’s around the corner. But I’m going to show you…

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If You’ve Got It, Flaunt It

“It’s not the size of the dog in the fight, it’s the size of the fight in the dog.” – Mark Twain In this corner, stands Average Joe Investor. He travels light, accompanied only by his spouse and maybe a couple of kids. As far as market muscle goes, he invests a few thousand bucks…

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The Number One Rule of Investing

“He that can have patience can have what he will.” – Benjamin Franklin Want an investing rule that will help you make more on your investments in 2007? How about a rule that can make you a better investor for decades? Well, I have one for you – one I learned the hard way. Oddly…

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