My Readers Have Made 70% So Far

This past May, I told a small group of my readers to invest in gold. At the time, it was trading at $1,200 an ounce. Right now, the price of gold is right around $1,325 an ounce. That is a nice 10% gain in six months. A solid performance in today’s market. But my readers…

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An Interview With Bob Irish

CHRISTIAN: Bob, you have been with Investor’s Daily Edge for approximately six months now. When you came aboard, you talked about upping the ante in terms of the quality of the research coming out of IDE. What grade would you give yourself? BOB: I would say an A-minus so far. I am very happy with…

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Has the Housing Market Hit Bottom?

Many people are trying to call this the bottom of the housing market. While the loudest voices may be those with self-serving interests (namely, realtor groups), there is some real optimism creeping in.

The most recent Housing Opportunity Index – released by the National Association of Homebuilders and Wells Fargo Bank – shows that almost 73 percent of homes sold in the first quarter of this year were “affordable.” In order to qualify as “affordable,” the total costs of a home (mortgage, taxes, etc.) must not exceed 28 percent of the median family income (currently $64,000).

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The Wheels Aren’t Falling Off This Car

In an industry full of missteps and forced resignations, Hyundai is one company actually headed in the right direction. First off, the economy is playing right into Hyundai’s hands. Long known as a maker of low-priced vehicles, Hyundai in an enviable position. The Sonata is priced roughly $2,000 less than a Toyota Camry, and the Santa Fe SUV is almost $10,000 less than a Toyota RAV4.

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Home Sweet Home

My hometown of Detroit has been all over the news recently. Thankfully, it’s been for something other than the transgressions of our former mayor…

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Beware of Moving Targets

The last 12 months has been a bad time in the markets. Very few stocks have avoided the market-wide sell-off. And for a lot of stocks, as a result of their share prices being depressed, one measure of value – dividend yield – could be misleading.

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Profits by Mail

It’s so irritating to pay a late fee when you return a rental movie a day (or 30 days) late. Was anyone else really trying to rent Gigli during the two extra days I held on to it? Not likely. So why should I pay a fine when the movie was just going to sit on a shelf?

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Sticking With It

A few months ago, I wrote that, despite all the doom and gloom, I thought the domestic automakers would survive. Unfortunately, things have gotten even worse. Just recently, a Deutsche Bank AG analyst said that GM shares will likely be worthless in a year.

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After Selling, Your Work Is Only Half Done

With the recent turmoil in the markets, chances are you liquidated some of your holdings. Whether it was because they hit your pre-determined stop-loss point or you simply threw in the towel because you’d had enough, you still have some work to do.

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