Analyst Articles

For nearly a decade, I have gone to Las Vegas to meet up with a group of friends who share my interest in poker. Every year, we have our picture taken at Binion’s Horseshoe Casino, the birthplace of the World Series of Poker. Looking back over past pictures, I can see how much my friends and I have changed. (By the way, we aren’t old, we’re “seasoned.”) But if we have changed over the years, so has Las Vegas. Las Vegas transformed itself from a cheap gambling destination to a celebrity hangout. In the… Read More

For nearly a decade, I have gone to Las Vegas to meet up with a group of friends who share my interest in poker. Every year, we have our picture taken at Binion’s Horseshoe Casino, the birthplace of the World Series of Poker. Looking back over past pictures, I can see how much my friends and I have changed. (By the way, we aren’t old, we’re “seasoned.”) But if we have changed over the years, so has Las Vegas. Las Vegas transformed itself from a cheap gambling destination to a celebrity hangout. In the mid-2000s, casinos tried to outdo each other for the title of most luxurious. Rooms on the Strip were hard to find less than $200 a night — and $10,000-a-night suites were there for the asking. To some extent, the economic downturn has Las Vegas returning to its roots. Bargain shoppers are finding plenty of rooms in luxury hotels for less than $40 a night. And casinos are bending over backward to cater to their new price-sensitive clientele. During my last visit, I saw off-peak breakfast specials for $1.99. Happy hours and “ladies drink free”… Read More

Let’s see if this describes your investing during the past few years: In 2008, you got out of the market, but only after your retirement account lost 35%. Then, even after the market started to rally, you just couldn’t pull the trigger to get back in. The memory of those sleepless nights was still too fresh.  But sitting on the sidelines hasn’t been without pain. As the market rebounded, your money-market fund paid an average of 0.07%, meaning you were on pace to double your money in 990 years. Savings and certificate of deposit… Read More

Let’s see if this describes your investing during the past few years: In 2008, you got out of the market, but only after your retirement account lost 35%. Then, even after the market started to rally, you just couldn’t pull the trigger to get back in. The memory of those sleepless nights was still too fresh.  But sitting on the sidelines hasn’t been without pain. As the market rebounded, your money-market fund paid an average of 0.07%, meaning you were on pace to double your money in 990 years. Savings and certificate of deposit rates were only slightly better. If this describes what you went through, don’t worry. You’re not alone. As of last week, more than $2.7 trillion dollars sat in stingy-yielding money-market mutual funds. But it doesn’t have to be that way. I have a way to earn considerably more on your cash… Millions of investors, one simple solution I recently asked some of my Daily Paycheck subscribers about their investing experience during the past few years… Turns out, many of them were in the same boat. They used… Read More