I had hoped to avoid any lengthy discussion of the coronavirus in my recent update to High-Yield Investing readers. Frankly, I’m a little tired of talking about it. And I’m betting you’re equally tired of reading about it. Unfortunately, the Covid-19 outbreak remains the biggest (if not the only) market mover right now. There’s just no avoiding it. Still, we had some good news come out over the weekend. The number of new cases rose by 30% in New York last week. How is that good? Well, it shows a deceleration from growth of 46% the prior week. In… Read More

I had hoped to avoid any lengthy discussion of the coronavirus in my recent update to High-Yield Investing readers. Frankly, I’m a little tired of talking about it. And I’m betting you’re equally tired of reading about it. Unfortunately, the Covid-19 outbreak remains the biggest (if not the only) market mover right now. There’s just no avoiding it. Still, we had some good news come out over the weekend. The number of new cases rose by 30% in New York last week. How is that good? Well, it shows a deceleration from growth of 46% the prior week. In other words, the virus is still spreading, but at a slower pace. We’ve also seen some promising numbers pertaining to the number of hospitilizations. While it still may be too early to tell, it’s looking like the numbers are slowing. At this point, we’ll take any good news we can get. Those results echo what we’ve been seeing worldwide. Countries like Austria have declared the worst to be over and are preparing to roll back social restrictions. Globally, the number of infections now tops the 1.5 million mark (you can see a map with all sorts of data here). Read More

I think Buffett will make the most out of this panic-driven selloff. And this fund will be a direct beneficiary... Read More

I think Buffett will make the most out of this panic-driven selloff. And this fund will be a direct beneficiary... Read More

This doesn’t necessarily mean the worst is over. But we’re looking at once-in-a-generation valuations in some corners of the market. Read More

This doesn’t necessarily mean the worst is over. But we’re looking at once-in-a-generation valuations in some corners of the market. Read More

If you’ve spent a lot of time staring at your screen over the past two weeks looking at the market with dismay, you’re not alone. I’ve spent a lot of time covering what’s happened, but more importantly, I’ve been focusing on what we can do about it. On Monday, I gave an overview of the dire circumstances we find ourselves in due to the Covid-19 outbreak. But I also offered some hope: There are dislocations all over the market, pricing discrepancies we never see during normal trading. Investors that keep their heads during this panic will be able… Read More

If you’ve spent a lot of time staring at your screen over the past two weeks looking at the market with dismay, you’re not alone. I’ve spent a lot of time covering what’s happened, but more importantly, I’ve been focusing on what we can do about it. On Monday, I gave an overview of the dire circumstances we find ourselves in due to the Covid-19 outbreak. But I also offered some hope: There are dislocations all over the market, pricing discrepancies we never see during normal trading. Investors that keep their heads during this panic will be able to exploit them for hefty profits. On Tuesday, I told you that rather than dwell on the negatives, I’m hard at work developing a watchlist (even offering a few preliminary names): I’ve got my eye on oversold leaders in many sectors, from pharmaceuticals to defense contractors. There are attractive closed-end fund bargains, preferred stocks, and even municipal bonds. In the spirit of that sentiment, I want to spend a little time today on another name you might want to add to your watchlist. A Toll Collector For Real Estate Transactions There is a silver lining… Read More

We’re not out of the woods yet. A couple days does not a trend make. Here are my thoughts... Read More

We’re not out of the woods yet. A couple days does not a trend make. Here are my thoughts... Read More

Rather than dwell on the negatives, today I want to briefly tell you about some of the opportunities I have on my watch list for potential additions to my premium High-Yield Investing portfolio. Read More

Rather than dwell on the negatives, today I want to briefly tell you about some of the opportunities I have on my watch list for potential additions to my premium High-Yield Investing portfolio. Read More

These are not normal times. They are, by any definition of the word, most extraordinary. Read More

These are not normal times. They are, by any definition of the word, most extraordinary. Read More