Featured
- Is it Time to Buy Cruise Stocks? Pt 2 $CCL $NCLH $RCL #COVID19August 3, 2020
It’s always a pleasure to share these pages with like-minded people. Today’s post was written by a very smart, very diligent guy — who just so happens to be a long-time friend of mine. During COVID-19, he’s scrutinized one of the most “center of the storm” sectors: the cruise line …
- Walmart and Shopify Team up – Watch Out Amazon $WMT $SHOP $AMZNJune 16, 2020
Walmart announced a new partnership with e-commerce platform Shopify. Shopify is used today by over 1 million small-to-medium sized businesses, offering services “including payments, marketing, shipping and customer engagement tools to simplify the process of running an online store.” The partnership clearly makes sense for sellers if they can get …
- Why is Everyone Freaking Out about Hertz Issuing Equity in Bankruptcy? I Break It Down $HTZ #COVID19June 13, 2020
Well, it happened. Hertz is cleared to issue equity in bankruptcy on Friday, June 12. This is a monumental day (which I live tweeted the hearing process on my twitter for those interested). Companies issue equity all the time – why does anyone care that Hertz is issuing equity in …
Columns
- What Drives Stock Returns Over the Long Term? $AMZN $MSFT $KO $COST $ROLAugust 5, 2020
We’ve all heard that the value of a company is the present value of its discounted free cash flows. But I wanted to share something I found pretty interesting. What drives stock returns over the long run? It seems pretty clear that it is the growth in free cash flow …
- Is it Time to Buy Cruise Stocks? Pt 2 $CCL $NCLH $RCL #COVID19August 3, 2020
It’s always a pleasure to share these pages with like-minded people. Today’s post was written by a very smart, very diligent guy — who just so happens to be a long-time friend of mine. During COVID-19, he’s scrutinized one of the most “center of the storm” sectors: the cruise line …
- Time to Buy Berkshire Hathaway Stock $BRKJune 5, 2020
I’ve been watching Berskhire Hathaway stock this year — as many investors do. Berkshire’s annual meeting was timed well as it came during the heat of the COVID-19 crisis. Many felt disappointed to hear (or decipher) that Buffett wasn’t leaning in to the downturn. He wasn’t deploying his “war chest” …
Personal Finance
- Tax loss Harvesting: How to Reap the Most Rewards
Tax loss harvesting is something I tend to think about after a strong year of equity returns. I find myself asking if I should reduce risk in some names or at least re-balance the portfolio. The problem is that this can create significant capital gains. That said, if you are …
October 14, 2019 - What asset allocation performed best over time?
“Past performance is not indicative of future results” you say as you read this post. But it can be a tool for analyzing what asset allocation performed the best. The markets are particularly tough to apply history to, though, because of the wide amount of factors involved. Interest rates, valuations, …
February 18, 2019 - Diversification: What worked in 2018 and comparing that to what worked in 2008
No surprises here, when volatility reared its head throughout 2018, the “safety” classes outperformed risk. That should make intuitive sense, especially when considering the S&P500s 18.7% return in 2017 (and 21.4% when including dividends). But as we all should know, it pays in the longer term to have some diversification. …
January 5, 2019
Real Estate Investing
One benefit of real estate investing is being able to take your initial capital out of the deal and still own the property. My wife and I just did this through a cash out refinance on investment property we’ve owned. It is fairly straightforward, but let me try to explain …
April 26, 2020COVID-19 has already produced some interesting investment opportunities in the stock market. Fortunately or unfortunately, part of investing is being prepared to buy an asset that others NEED to sell. Perhaps the cash on cash return of real estate will improve… This happens in the stock market all the time, …
April 10, 2020The mortgage market is in turmoil right now. While congress passed the “CARES Act” to provide relief to families impacted by COVID-19, there were clearly some unintended consequences. First Mortgage Market Issue: Possible Bankruptcies in the Servicer Space The CARES Act allows homeowners and renters can stay in their homes …
April 5, 2020