- Created on Friday, 24 May 2013 00:00
- Written by Scott Schopman
- Hits: 49
I logged in to check my bank account on a Monday morning two years ago. The balance was wrong.
The panic started. I clicked over to "Account Activity." I saw a $400 charge from a graphic design firm in Chicago. I didn't know any graphic designers in Chicago. I kept scrolling down the list of transactions.
There were hundreds of dollars of charges at Best Buy, McDonald's and Apple's iTunes Store. Someone had bought a new cell phone. Someone had bought a television. Someone had gone out to eat over a dozen times.
In total, identity theft cost me over $2,000. In 48 hours.
- Created on Thursday, 23 May 2013 00:00
- Written by Blair Morse, Research Analyst, Bonner & Partners
- Hits: 70
It's been eight days since the power grid went down...
You thank God for the disaster "prepping" you did in advance. It's kept you and your family alive up to this point.
But you never imagined you'd need more than a week's worth of supplies...
Now your food and water are running dangerously low – there are a few packs of chips and some cookies in the kitchen cabinet... they'll keep your family fed another day. But you need a Plan B – FAST – because "normal service" isn't resuming anytime soon...
The local grocery store's shelves were stripped bare by panic buyers and looters on day one. It's since been boarded up and abandoned by the owners.
- Created on Wednesday, 22 May 2013 00:00
- Written by Justice Litle, Editor, Strategic Wealth Report
- Hits: 77
To understand why the stock market does what it does, you need to think like a money manager. A very specific type of money manager...
That's because individual investors don't have much influence on stock prices. Nor do professional speculators or hedge funds.
So what is the strongest force driving stock prices?
The answer: institutional investors.
Institutional investors are the blue whales of the investing world. The rest of us are plankton, comparatively speaking.
- Created on Tuesday, 21 May 2013 00:00
- Written by Jim Nelson, Editor, Income & Dividend Report
- Hits: 82
If you live in the US, you're getting paid interest of less than 1% per year on your CD.
Bonds are yielding next to nothing. And dividend stocks are starting to look like a crowded play.
But there is a safe source of high yields available to you. It's a strategy called "covered call writing."
This strategy allows you to earn extra income on your dividend-paying stocks by collecting a steady stream of payments in the options market.
This may sound like a confusing – even a risky – way to boost your income. It isn't. You can use this strategy to double... or even triple... your regular dividend income over and over again without adding risk to your portfolio.