Personal Money Management 101 Blog

by Steve Selengut

Looking for good news in today’s markets is like searching for the proverbial needle in a haystack. Needless to say, practically all investment grade equities and nearly all closed end funds that specialize in providing regular recurring monthly income have been reduced in market value by this prolonged correction. The quake has spread in all directions form its financial epicenter, and the mounting doom and gloom has taken its toll on even the most rational investment decision makers. Try to keep in mind that the purpose of income investing is the income that your portfolio produces not an increase in the securities’ market values—

Read Good News For Income Investors in full…

Steve Selengut http://www.sancoservices.com | http://www.kiawahgolfinvestmentseminars.com
Professional Portfolio Management since 1979 Author of: “The Brainwashing of the American Investor: The Book that Wall Street Does Not Want YOU to Read”, and “A Millionaire’s Secret Investment Strategy”

Knowledge is power! Keep your finger on the pulse of business, economic and financial events with these leading magazines offered at substantial discounts in proud association with Amazon.com. Check out these great deals and start boosting your wealth:

SmartMoney  comes to you straight from the editors of the Wall Street Journal, the best financial reporters in the business. Every issue brings you the information you need to know to deal with markets and protecting your wealth. Turn to SmartMoney for no-nonsense advice you can put into action. Read the rest of this entry »

Traditionally the study of economics and finance is based on the assumption that people always behave rationally. In reality people often behave irrationally, ie not in their own quantifiably best interests. Behavioral finance, the combination of psychology and financial theory, is now a growing academic discipline. This article reviews some of its key features and suggests why they should be important to every investor. Read the rest of this entry »

Back in 2000 James Glassman and Kevin Hassett published the book Dow 36,000. The book argues that historically stocks have been priced way too cheap.

The book’s premise is that stocks are traditionally considered a riskier (ie more volatile) investment than bonds. Bonds guarantee a regular flow of income, but stocks are subject to the fickleness of the economy, government policy, public tastes etc etc. This is certainly true in the shorter term where stock returns vary far more wildly than bonds. However, statistics show that over the longer term stocks consistently outperform bonds. Read the rest of this entry »

by Steve Selengut

- Think QDI

Value stocks are those that tend to trade at lower prices relative to their fundamental characteristics than their more speculative cousins, the growth stocks; they have higher than usual dividend yields and lower P/E and P/B ratios. So when all stock prices are down significantly, have they all become value stocks? Or, based on the panicky fear that tends to overwhelm media and financial experts alike, haven’t they all taken on the speculative characteristics of growth stocks?

Read When All Stocks Are Value Stocks in full

Steve Selengut – http://www.sancoservices.com | http://www.kiawahgolfinvestmentseminars.com
Author of: “The Brainwashing of the American Investor: The Book that Wall Street Does Not Want YOU to Read”, and “A Millionaire’s Secret Investment Strategy”