The Right Value for an Overheated Market

“Private equity” can conjure entertaining mental images. I’ve often asked friends to describe what comes to mind for them when I mention the phrase. Here’s a sampling of what they’ve said: An older man in a fancy suit enjoying a single-malt scotch in a private New England club… who takes perverse pleasure in looting a company of its assets before firing all the employees and selling whatever’s left for spare parts. (It’s the old “buy, strip, and flip” routine.) Or, perhaps that same guy is enjoying a Churchill cigar while playing a round of golf and casually plotting the same […]

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The Simple Reasons Why Amazon is Not a Monopoly

There’s a Much Bigger Problem for Retail I recently Google searched the term “Amazon monopoly.” It returned over 4 million results. Now, a couple of those hits were links to the Amazon.com product page for the Monopoly board game we all grew up playing as kids. (I was delighted to see there’s a Game of Thrones edition, complete with a direwolf token and King’s Landing as Boardwalk.) But the majority of the search results were articles about Amazon’s growing dominance of retail, and its potential threat to competition as a monopoly. Amazon is big, and it’s getting bigger every day. […]

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Income Starved Investors are Flocking to These “Private Income Funds”

Among the bleak retirement landscape, investors are finding lucrative opportunities Time after time, I hear stories of people “cutting back” to stretch a meager income or make a small nest egg last. Most retirees (or people planning for retirement) are pinching pennies, fearing their nest eggs will run out soon. Or they’re scratching out “a living” on meager Social Security benefits of $ 1,300 a month. Folks just aren’t making enough off of their investments PRIOR to retirement, to live out their golden years comfortably. I go into further detail in my latest video presentation. While we absolutely have a retirement crisis in […]

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The Boomers Are Aging Fast… Time to Make Money Now

If you’ve followed my writing for any length of time, you know how much respect I have for Harry and his demographic work. Believe it or not, Harry, and his approach to forecasting, gave me the confidence to help launch Peak Income – an income newsletter – at a time when most investors were terrified of yield-focused investments. The consensus two years ago was that inflation and higher bond yields were just around the corner, which would’ve meant a rough ride for the kind of investments I recommend. In retrospect, that claim seems almost absurd. Inflation is still dead on […]

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I’m Surprised These Are Still Legal

Most of our readers are regular W-2 employees working for a paycheck, and most of my recommendations in the Dent 401k Advisor, which we released to subscribers last week, are focused toward helping them. But for you self-employed types out there – or if you know one and want to pass along the word – there’s a much bigger world of retirement options at your disposal. We all know that the traditional pension plan is dead. Unless your job is unionized or you work for the government, it’s extremely unlikely that you have a traditional, guaranteed pension to take care […]

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How to Amazon-Proof Your Real Estate Portfolio

I recently heard Amazon, the world’s largest online retailer, described as a “bull in a china shop” for the way it’s disrupted industry after industry. But that’s really the wrong analogy. An angry bull lashes out erratically, goring or trampling whatever happens to be in front of it at the moment. Amazon is far too mechanical for that. The better comparison for Amazon would be a steamroller. Like a steamroller, Amazon slowly and methodically flattens everything in its path. Bookstores? Obliterated. Shopping malls? On life support… and just barely. Department stores? Dying a painful death by 1,000 cuts. Even grocery […]

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Buying a Horse of a Similar Shade: Europe

I put the latest issue of Peak Income together from, of all places, Mamacona, Peru, a seaside town on the outskirts of Lima, where earlier this month I attended the annual Concurso Nacional, or national horse show. For aficionados of the Peruvian Paso, the country’s signature breed, the show marks the single most important week of the year, outranking even Christmas and New Year’s Day. If you argue to the contrary with a Peruvian cowboy, you’re likely to get horsewhipped. I’m the first to admit I’m not a true “aficionado.” To have afición is more than simply being a “fan,” […]

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Deflation: There’s an App for That

Once in a while I see a financial news headline so obviously ridiculous, I feel I should look at the writer with pity in my eyes and pat them on the head, the way you might comfort a child that just dropped his ice cream cone on the floor. “Inflation is Right Around the Corner, Yellen Insists.” Of course it is… In defense of the columnist who wrote the story, these weren’t necessarily his views. He was simply relaying the Fed Chair’s comments from Wednesday. My real pity is reserved for Ms. Yellen herself. If she actually believes that inflation […]

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Why Grass is Getting Greener

When I read a draft of Rodney’s feature story for the June issue of Boom & Bust, I joked in our investment committee meeting that our portfolio recommendations for the month would be Nintendo and Cheetos. You see, this month’s issue is about the need for weed. We’re taking stock of the winners and losers of the growing (pun intended) marijuana industry. Among other things, Rodney points out that large-scale agribusiness hasn’t gotten into the industry yet. Because, legally, it’s still really messy at the federal level. That leaves smaller farmers and amateurs to fill the void in our growing […]

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Flags and the Fallen

I get annoyed with articles and reports that assume we’re stupid. As if flashing “Sale!” signs and the smell of sunscreen somehow make us forgetful. They don’t. We know that today is Memorial Day, the day we set aside to honor those who fell while serving our country. It is a solemn idea that, because of its timing, we’ve combined with a seasonal celebration. Tacky commerce aside, there’s nothing wrong with that. In fact, the notion of remembrance and celebration, death and life, are already wrapped up in one package on Memorial Day – the U.S. flag. Every day I […]

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