Nicholas Vardy is currently editor of the monthly investment newsletter, The Alpha Investor Letter, which provides longer-term global investments. He also writes two weekly trading services, Triple Digit Trader and Bull Market Alert, which focus on making short-term profits in the hottest markets in the world. A former mutual fund money manager, he is also chief investment officer of Global Guru Capital LLC, where he manages separate accounts for high net worth individuals. A graduate of Stanford University and the Harvard University Law School, he has a unique background that has proven his knack for making money in different markets around the world. He also is a chartered financial analyst.
The global market horses are off to the 2015 races, and leading the pack through the first two-plus weeks of the year is India.
It hasnt been easy being an income investor over the past few years. The Feds zero interest rate policy (ZIRP) has punished savers with its low interest rates since 2009.
You know that old karmic saying, What goes around comes around?
I recently opened and funded a 529 College Savings Plan for my six-month old son. Suddenly, I realized I had a case study of an ideal investment advisory client
With that kind of record of outperformance, dumping a mainstream, S&P 500 Index fund in favor of a portfolio of Dividend Aristocrats is a no brainer for both my subscribers and my clients.
When it comes to clichd wisdom, Wall Street is full of it. Investment maxims such as buy low, sell high and dont fight the tape are all too common. Yet perhaps the most pedestrian of proverbs is that the trend is your friend.
John Bogle has been a thorn in the side of active stock pickers ever since the 1970s. As an evangelist of index fund investing, Bogle has been preaching for decades that on average, stock pickers cant outperform the market over the long term.
Russia is a mess. Plunging oil prices, a ruptured ruble, years of a corrosive kleptocracy, Western economic sanctions and an unprecedented flight of capital have teamed up to wrestle the Russian bear to its back in 2014.
Despite its mixed reputation, todays Nasdaq is a different animal from the days of the dotcom era.
The economist John Maynard Keynes once famously dismissed gold as a barbarous relic. Keynes was actually referring to the gold standard. But his inflammatory description reflected his heartfelt sentiment about gold.
Just when you thought the financial world would take a much-needed break from quantitative easing (QE), the Land of the Rising Sun comes in and juices up the markets with more QE.
Warren Buffetts investment vehicle Berkshire Hathaway (BRK-B) is having a terrific year. Yet, these impressive returns belie that several of Berkshire Hathaways higher-profile public investments have fallen out of bed recently.
For all the handwringing about the recent stock market gyrations, the U.S. market hasnt budged much at all in 2014.
If youve been invested in a stock market anywhere in the world over the past month, then I feel your pain. Thats because no one whos been invested in the market (myself included) has made any money in their long stock positions, particularly over the past four weeks.
The greenback is on the march higher. Last Friday, the U.S. Dollar Index (which tracks the greenback against a basket of major trading partners currencies) leapt to a four-year high.
Once again, look for the smartest guys in the room to catch a lot of flack for being unable to match, let alone beat, a simple S&P 500 Index fund.
Of course, every top athlete strives to be #1 in the world. But at events like the Olympic Games, athletes still get recognized if they make it on the podium. The same applies to the world of global economic competition.
Looking back, the decade between 2000 and 2009 marked the glory years for emerging markets. Investors were making a mint in the stock markets. Emerging giants India and China even hit economic growth rates above 10% per year.
U.S. investors have lost a lot of money betting on the China Miracle since the market peaked in the fall of 2008. But after more than five years of suffering disappointingly poor returns, the Chinese stock market just might be making a comeback.
As the summer draws to a close and traders return to their desks today, the mood in the financial markets is as nervous as ever.