Lawrence is the Managing Director of Fuller Asset Management. He has 20+ years of experience managing investment portfolios and serving the needs of individual clients. He began his career as a Financial Consultant in 1993 with Merrill Lynch. He worked for First Union Brokerage, Morgan Stanley and ING in the same capacity before realizing his long-term goal of complete independence. He graduated from the University of North Carolina at Chapel Hill with a B.A. in Political Science in 1992.
John M. Mason writes on current monetary and financial events. He is an entrepreneur and a writer. Current projects include a new banking institution, an Internet company, a private equity fund, two depository institutions and a community redevelopment fund. He formerly was on the faculty of the Finance Department, Wharton School, the University of Pennsylvania. Dr. Mason has been President and CEO of two publicly traded financial institutions and the executive vice president and CFO of a third. He has also served as a special assistant to the secretary of the Department of Housing and Urban Development in Washington, D. C. and as a senior economist within the Federal Reserve System. Dr. Mason has served on the boards of venture capital funds and other private equity funds. He has worked with young entrepreneurs, especially within the urban environment, starting or running companies primarily connected with Information Technology. Some of his new ventures are in the sustainable business and impact business space. .
Nanette Abuhoff Jacobson is the Global Investment Strategist for Hartford Funds and Asset Allocation Strategist at Wellington Management Company. She has more than 25 years of experience in the capital markets, having held a variety of roles spanning the major asset classes. As global investment strategist, she analyzes and interprets markets and investment opportunities for Hartford Funds’ sales organization, the financial advisor community, and major broker-dealers and distributors. She also advises Wellington Management’s institutional clients, including pension funds, insurance companies, endowments and foundations, and central banks, consulting on strategic asset allocation issues to develop multi-asset investment solutions.
Tom Vaughan was 12-years old when his math teacher gave each student $3,000 of Monopoly money to buy and sell stocks. He was told that, at the end of three months, the students with the top returns would be given a special field trip.
Growing up in Silicon Valley and watching the tremendous wealth created by the stocks of some of the world’s greatest companies, inspired him to learn about investing in the stock market. He went home and told his parents about this contest, and they took him to see his grandfather, who was an avid stock market investor. He sat Tom down with the stock listing from the local paper, showing him what he looks for in a good stock. Together they picked three stocks to buy and then they would meet every week to track the progress. This was the genesis of Tom’s life-long interest in investing.
At the end of the contest, they lined the students up on the playground by rate of return. Tom was at the front of the line. He had won the contest. Interestingly enough, the special field trip that he qualified for was a trip to Alcatraz. This is an interesting place to take a budding financial professional. Perhaps, more of our country’s financial professionals should have started this way.
His grandfather was so excited by his interest in investing that they continued to work together on Tom’s investing education. Unfortunately, only two years after helping Tom win the investing contest, his grandfather passed away. He had lost his investing mentor.
Tom then saw what happened to his grandmother. His grandparents had a traditional relationship. Tom’s grandfather handled all of the money and his grandmother was given an allowance to handle the household needs. Although Tom’s grandfather was one of the best investors he have ever met, his grandmother did not have any idea what was in her portfolio and when his grandfather passed, away chaos ensued. He was determined at a young age to help people with investing advice. His advice and outlook has always reflected having his grandmother as his first client.
In 1987, he went to work for a Wall St. investment firm called First Investors. Anyone with a conscience will only last a few years at a firm like this. For example, the firm had its own mutual funds. Everyone worked on a straight commission and the firm would pay twice as much commission if you sold one of its funds versus another company’s funds. The pressure from management to sell these funds regardless of how they performed was intense. This was not a place for his grandmother’s portfolio.
He left and started his own firm, Retirement Capital Strategies (RCS). He selected LPL Financial to clear his business because they did not have any of their own investments, thus reducing the conflict of interest. As his own boss, he did not have to worry about pressure from management to put the wrong things in his clients’ portfolios.
This concept of independent, no conflict of interest, client-first financial advice was wildly successful. RCS was one on the fastest growing Financial Planning and Money Management firms in the country. RCS eventually ended up with three offices in San Jose, Danville and Napa. Over a 26-year period, Tom personally performed over 6,000 financial plans and managed hundreds of millions in assets for over 700 clients. His advice on this website is based on the extensive experience of working with these real life clients.
Over time, he was still dissatisfied with the massive conflicts of interest that exist in the financial advice industry as it stands today.
He saw an opportunity to create a completely new conflict-free, low-cost advice model. He decided to risk everything, cash out of his Financial Planning practice, and show people how to become self-sufficient investors.
By closely watching the investment advisory business, he saw an opportunity to help self-sufficient investors by creating a conflict free, no market-timing set of investment newsletters that contain portfolios of the lowest cost ETFs for the self-sufficient investor to replicate. He also gives ongoing advice on when to replace a portion of the portfolio with a better alternative, when to perform a rebalancing, and educational information on the Remonsy Retirement Income Builder program. All of this advice is designed to help you improve your retirement and help you become a more self-sufficient investor.
The same advice that he charged his clients an average of $4,000 per year is now available in his newsletters.
David Stockman is the ultimate Washington insider turned iconoclast. He began his career in Washington as a young man and quickly rose through the ranks of the Republican Party to become the Director of the Office of Management and Budget under President Ronald Reagan. After leaving the White House, Stockman had a 20-year career on Wall Street.
At the podium, Stockman’s expertise and experience cannot be matched, and he has a reputation for zesty financial straight talk. Defying right- and left-wing boxes, his latest book catalogues both the corrupters and defenders of sound money, fiscal rectitude, and free markets. Stockman discusses the forces that have left the public sector teetering on the edge of political dysfunction and fiscal collapse and have caused America’s financial system to morph into an unstable, bubble-prone gambling arena that undermines capitalist prosperity and showers speculators with vast windfall gains.
Stockman’s career in Washington began in 1970, when he served as a special assistant to U.S. Representative, John Anderson of Illinois. From 1972 to 1975, he was executive director of the U.S. House of Representatives Republican Conference. Stockman was elected as a Michigan Congressman in 1976 and held the position until his resignation in January 1981.
He then became Director of the Office of Management and Budget under President Ronald Reagan, serving from 1981 until August 1985. Stockman was the youngest cabinet member in the 20th century. Although only in his early 30s, Stockman became well known to the public during this time concerning the role of the federal government in American society.
After resigning from his position as Director of the OMB, Stockman wrote a best-selling book, The Triumph of Politics: Why the Reagan Revolution Failed (1986). The book was Stockman’s frontline report of the miscalculations, manipulations, and political intrigues that led to the failure of the Reagan Revolution. A major publishing event and New York Times bestseller in its day, The Triumph of Politics is still startlingly relevant to the conduct of Washington politics today.
After leaving government, Stockman joined Wall Street investment bank Salomon Bros. He later became one of the original partners at New York-based private equity firm, The Blackstone Group. Stockman left Blackstone in 1999 to start his own private equity fund based in Greenwich, Connecticut.
In his newest New York Times best-seller, The Great Deformation: The Corruption of Capitalism in America (2013), Stockman lays out how the U.S. has devolved from a free market economy into one fatally deformed by Washington’s endless fiscal largesse, K-street lobbies and Fed sponsored bailouts and printing press money.
Stockman was born in Ft. Hood, Texas. He received his B.A. from Michigan State University and pursued graduate studies at Harvard Divinity School.
He lives in Greenwich, Connecticut, with his wife Jennifer Blei Stockman. They have two daughters, Rachel and Victoria.
360 Investment Research uses comprehensive technical analysis to identify investment opportunities across the entire investment universe (equities, bonds, currencies, commodities, etc.). Our purpose is to share knowledge and opportunities with the retail investor, placing emphasis on robust asymmetric risk/reward profiles for each opportunity identified. We believe: + Markets are reflexive, not efficient + Price is the manifestation of opinion and final arbiter of value + Applying technical analysis to the visualization of price provides a valuable advantage in identifying well-defined risk/reward opportunities Specialties: Technical Analysis, Pattern Recognition, Cycle Analysis, Price Harmonics, Relative Strength Analysis, Sentiment Analysis, Equities, Bonds, Forex, Commodities, Demand/Supply Dynamics
Daniel Moore is the creator of FinancialRelativity.com, a web portal created for the purpose of tracking the status of financial markets and providing investment analysis and portfolio management insights to investors. Based on the systematic investment research, he writes about the market and publishes his views through internet market publications. He has over 25 years of management experience in corporate finance in a variety of high technology start-ups and public companies. A graduate of Duke University’s Fuqua School of Business in 1988, he has spent the last 10 years managing investment portfolios seeking high risk reward returns for fixed income investors.
Peter George Psaras, has been investing for over 40 years and has expertise in the following:
1) Quantitative Analysis
2) Qualitative Analysis
3) Macro Economic Analysis
4) Technical Analysis
5) Stock Market History
He is the CEO at Conservative Equity Investment Advisors, a registered investment advisor based in New York.
Mr. Hui has been involved in the equity markets since 1980, both on the buy side and the sell side. He is a CFA Charterholder, and has presented numerous papers to quantitative discussion groups (Sample topics include: How Global are Resource Sectors).
Eric Parnell, CFA, is the Founder and Director of Gerring Capital Partners. Gerring Capital is a registered investment advisory firm seeking attractive returns opportunities emphasizing value, quality and risk control. Eric also publishes The Universal premium service on Seeking Alpha targeting winning strategies in bear and bull markets across the asset class universe. Gerring Capital implements these strategies for its investors and then Eric discusses them on The Universal. Eric is also a Visiting Instructor at Ursinus College in the Department of Business and Economics. Prior to founding Gerring in 2005, Eric was the Director of Investment Communications at SEI Investments and an Economist at Moody’s Analytics.
Somewhere between disaster and "more of the same" is the world we all live in today, and it may go on in this same state for our lifetimes. No black swan, no collapse, no implosion of the Republic. Because there is no knowing I have given up trying to know or predict.
I have one goal. Survival at a modest level under any foreseeable future.
Let it be noted, I am a tiny investor.
If all my Shearson Lehman deals hadn't gone south, I'd be a medium small investor.
Now I trust no one.
So. Really big companies. Really good divi histories. Really broad diversification.
Buy and hold. Usually.
Gold buried in my sister's yard. Cash under the mattress. Food in the basement. And a full expectation that we shall see a blistering correction before 2020. But, no telling.
Let's talk about the big companies. I like big, strong and smart.
I want a dividend that has history, a future, and a present.
I want, five years from today, all investments made today to be yielding at least 5% based on cost.
The higher today's yield, the lower the dividend growth rate can be. So I like the "Chowder Rule." Some examples of stocks in this category (I think) are T, SO, DUK, VZ, D, AEP, and so on. Based on my cost basis.
The other extreme are a companies whose dividend growth rate leads to a reasonable expectation that it will yield 5% in five years. WMT, MCD, KMB, CL, EMR, TGT, and JNJ all are of the type. More or less, as of this writing. They will have their ups and downs. Bought right, in general, they should fit the bill.
My third favorite category are resource oriented companies, mostly oil, whose history and business fit with my goals. OXY, COP, CVX, XOM, RDS, FCX, and BHP come to mind.
These three kinds of companies represent my "core" investments. Outside the core, about 10% of the portfolio is more adventurous.
To round out the stable with some diversity I also own some REITs; O, ADC, OHI.
I also hold a very small portfolio of energy related companies like LINE, VNR, etc.
And yes, I do own little tiny positions in a few gold and silver resources. While I fully expect metals to break below the floor they are forming here in late January, 2014, but I hold them as a little insurance.
No position is over 5% of the portfolio value. Oils are overweighted on purpose as a group, perhaps foolishly, since oil may see a decline this year. Most positions are 2-3% of the total.
I try and follow Chowder and Carnevale here on SA, and wish I had gotten the divi bug sooner in life, so I preach it ofter to others. As the markets unfold, I may of may not prove to have the mettle to be a buy and hold investor.
Chief Investment Officer, Stanford Wealth Management. Retired senior exec of Charles Schwab. 36 years active and reserve military service -- 6 in special operations, 30 in the intelligence community. Geopolitical analyst.
Author -- investment book Bringing Home the Gold.
Editor -- The Investor’s Edge®. In the 16 years from inception through year-end 2015, the Investor’s Edge® Growth & Value Portfolio increased in value from $250,000 to $1,038,453. That same $250,000 invested in the S&P 500 rose to just $422,905. (Past results are no guarantee of future performance; maybe those 16 years were pure luck.)
Featured in Forbes, Barrons, The Wall Street Journal, Financial World, Wall Street Transcript, Global Investing, Welling on Wall Street, etc.
If you have a $500,000 portfolio ($250,000 for solely mutual funds & ETFs) you may contact me for a no-obligation "second opinion." firstname.lastname@example.org.
Have managed money for clients as an independent advisor since 1991. Published a newsletter ECONOMIC LEADS from 1988 to 1993. Have an economics degree from Vanderbilt University. Focus on the macro picture forecasting the US economy and broad stock market. Also have a model to estimate long term equity returns for several countries.
Dr. John Hussman is the president and principal shareholder of Hussman Econometrics Advisors, the investment advisory firm that manages the Hussman Funds ( http://www.hussmanfunds.com). He holds a Ph.D. in economics from Stanford University, and a Masters degree in education and social policy and a bachelors degree in economics from Northwestern University. Prior to managing the Hussman Funds, Dr. Hussman was a professor of economics and international finance at the University of Michigan. In the mid-1980's, Dr Hussman worked as an options mathematician for Peters & Company at the Chicago Board of Trade, and in 1988 began publishing the Hussman Econometrics newsletter. Virtually all of Dr. Hussman's liquid assets are invested in the Hussman Funds.
Note: Dr. Hussman is not an active contributor to Seeking Alpha; rather, SA editors excerpt regularly from Dr. Hussman's public commentary.
Denis Ouellet has been involved in the Financial sector since 1975. Now retired, he is a part-time blogger. Denis has been analyst and head of research for a brokerage company, equity manager for various investment organizations (pension, mutual and hedge funds), head of global equity investments at a major pension fund and chairman of the equity investment committee for a major pension and mutual fund investment organization.
Note: I post substantially more on my blog www.bearnobull.com than on SA.
Jim Kelleher, CFA, is Director of Research at Argus Research and the author of “Equity Valuation for Analysts & Investors,” (McGraw-Hill, July 2010), a single-volume treatment of financial modeling and blended valuation technique. As an equity analyt, Jim is a three-time winner in The Wall Street Journal's “Best on the Street” All-Star Analyst Survey and has also won recognition in the Financial Times/Starmine analyst awards. As Research Director, Jim manages several model portfolios; manages the company’s Portfolio Selector/Focus List; prepares and oversees the Argus daily Technical Analysis product; was instrumental in devising Argus’ first branded investment product; and has helped develop and refine the investment analysis process and model “template” for new analysts.
Tom Madell, Ph.D., is the publisher of Mutual Fund/ETF Research Newsletter, a free newsletter which began publication in 1999. It has become one of the most popular mutual fund/ETF newsletters on the internet, as shown on the Google Directory page for Mutual Funds News and Media Newsletter websites.
His site has been named as one of the "Top 12 Investment Newsletters Focusing on Mutual Funds" by mutualfunds.com, an important fund information provider. Also, recently his Newsletter was recognized as one of 5 expert mutual fund resources worth following offering free, and, in its case, particularly "unbiased, useful, and original advice" at http://fundreference.com/articles/2015/172/10-mutual-fund-experts-worth-following/
He is also a researcher/writer/investor whose articles have appeared on hundreds of websites, including the Wall Street Journal, USA Today, Morningstar and in the international media.
His articles have been among the most popular among those posted on the Morningstar.com website by non-Morningstar employed contributors.
His Newsletter's Model Portfolios have an outstanding long-standing record of frequently outperforming the major market indices. His complete articles and Model Portfolios can be accessed at http://funds-newsletter.com
David is a Managing Partner at FMD Capital Management, a fee-only registered investment advisory firm specializing in exchange-traded funds. He has years of experience constructing and implementing actively managed growth and income portfolios using ETFs, CEFs, and mutual funds.
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Follow me on Stocktwits: http://stocktwits.com/fabiancapital
Follow me on Twitter: @NewConstructs
David is CEO of New Constructs (www.newconstructs.com), an independent research firm that leverages proprietary technology to find key insights from the Financial Footnotes of 10Ks and 10Qs. Having analyzed over 70,000 annual reports and their Financial Footnotes, New Constructs helps protect clients from the red flags/unknowns in SEC filings.
David is a distinguished investment strategist and corporate finance expert. He is a member of FASB's Investors Advisory Committee, and he is author of the Chapter “Modern Tools for Valuation” in The Valuation Handbook (Wiley Finance 2010).
David's insights into the markets and his stock picks have been popular with a wide variety of media outlets.
Dale Roberts is an Investment Funds Associate with Tangerine Investment Funds Limited, a subsidiary of Tangerine Bank wholly owned by Scotiabank. My articles are for information purposes only and do not constitute investment advice or an offer or the solicitation of an offer to buy or sell any securities. These articles are my personal opinion and are not those of Tangerine Bank or its subsidiaries. Remember past performance is not guaranteed and may not be repeated. Investment strategies are not suitable for everyone and you should always conduct your own research or speak to a financial advisor.
Hao Jin is a Chartered Financial Analyst (CFA) Charterholder, Certified Management Accountant (CMA), and currently works as an IT professional for a media brokerage firm in Wall Street area, doing data mining, data warehouse and analytic reports. He graduated from SUNY Stony Brook’s Harriman School for Management and Policy in 1993.
Charles (Chuck) C. Carnevale is the creator of F.A.S.T. Graphs™. Chuck is also co-founder of an investment management firm. He has been working in the securities industry since 1970: he has been a partner with a private NYSE member firm, the President of a NASD firm, Vice President and Regional Marketing Director for a major AMEX listed company, and an Associate Vice President and Investment Consulting Services Coordinator for a major NYSE member firm. Prior to forming his own investment firm, he was a partner in a 30-year-old established registered investment advisory in Tampa, Florida. Chuck holds a Bachelor of Science in Economics and Finance from the University of Tampa. Chuck is a sought-after public speaker who is very passionate about spreading the critical message of prudence in money management. Chuck is a Veteran of the Vietnam War and was awarded both the Bronze Star and the Vietnam Honor Medal.
Vahan Janjigian is Chief Investment Officer at Greenwich Wealth Management, LLC, an SEC registered investment advisor. He is also editor of the Bottom Line's Money Masters Stock Report. He previously served as Chief Investment Strategist at Forbes Media, LLC and has served on the finance faculties of several universities, including Baruch College, Boston College, Northeastern University, and University of Delaware.
I am a St. Louis-based independent and fee-only Registered Investment Advisor (RIA).
My passion is market research and strategy development. I look forward to talking with other investors and traders. Feel free to contact me If you have any questions about my content or would like to talk about opening an actively managed account.
I started buying stocks when I was 10 ; the title of my 8th grade assignment of an autobiography was "Taking Stock". On Oct.19,1987 , the day of the crash, I began a 25 year career as an Investment professionaI. I worked for the largest independent investment banking firm in the Pacific Northwest,then PaineWebber (now UBS), then as an RIA. Now I consult on portfolio reconstructions and am writing creatively. My writing for Seeking Alpha will focus on retailers and the big picture.
In investing, I have a heavy focus on reinsurance companies, and I enjoy learning how to value their investment portfolio and underwriting ability, taking inspiration from the reinsurance companies that Warren Buffett used to help build Berkshire Hathaway's investing empire. The other focused sector that I study is deepwater offshore petroleum drilling.
We strive to build highly disciplined, sensible client portfolios. Portfolios that are focused on investing in businesses with solid free cash flows and solid dividend payouts. We buy businesses, not stocks.
Tim is a Registered Investment Advisor.
Richard is the managing principal of QVM Group LLC, a fee-based investment advisor based in Connecticut, with clients across the country. . QVM manages portfolios uniquely designed for each client on a flat fee basis through the client’s own accounts at Schwab; and provides investment coaching to "do-it-yourself" investors on an hourly fee basis. The investment approach is based on value, asset allocation, expense control, risk management, customizing portfolios to each client's specific circumstances, and regular communication about strategy and absolute and benchmark performance. Richard's extensive experience includes serving having served as a Board Director of Phoenix Investment Counsel, a U.S. pension and mutual funds manager, now Virtus Investment Partners (New York Stock Exchange: VRTS http://www.virtus.com); as Managing Director of Phoenix American Investment in London; and as a Board Director Aberdeen Asset Management PLC in Aberdeen Scotland (London Stock Exchange: ADN http://www.aberdeen-asset.com). He has been a Trustee of a $500 million pension fund, and was a charter investor and member of the Board of Directors of several internet companies, including Lending Tree (NASDAQ: TREE http://www.lendingtree.com) prior to its IPO. He is a 1970 graduate of Dartmouth College. QVM Group LLC is a Registered Investment Advisor. Visit the QVM Group website. (http://www.qvmgroup.com). Follow him on Twitter: @QVMinvest
Independent. Insightful. Trusted. Morningstar provides stock market analysis; equity, mutual fund, and ETF research, ratings, and picks; portfolio tools; and option, hedge fund, IRA, 401k, and 529 plan research. Our reliable data and analysis can help both experienced enthusiasts and newcomers.
Ted Johnson is a retired Vice President of Engineering and has been a life-long student of investing. He has a BS in Physics and completed the University of California Personal Financial Planning Certificate Program. Ted was previously licensed to sell insurance and mutual funds for a major insurance organization.
Successful investing consists of the following:
1. Identify investment goals consistent with individual risk tolerance.
2. Develop a diversified portfolio allocation plan across broad investment categories.
3. Identify promising, specific types of investments based on past history, present performance, and future expectations.
4. Use the abundance of available data on the internet and elsewhere to select specific exchange-traded funds, mutual funds, stocks, etc.
5. Construct a diversified investment portfolio that reduces calculated risk and increases expected return.
6. Monitor the investment portfolio and take appropriate actions if adjustments are warranted.
The purpose of each post is to discuss topics relevant to one or more of these steps and, over time, to cover aspects of every step in the investing process.
Nothing I write should be considered investment advice. Only you can decide if any specific financial asset, security, allocation, opinion, idea, etc. is best for your financial portfolio.
Author of two books, available here, Options Strategies Every Investor Should Know and The 5 Fundamentals of Building a Retirement Portfolio (both available in paperback and eBook).
Kurt has a BA and MA in Communication and over 20 years of business experience, almost always serving as a project or program manager, director, or consultant or as an analyst. He lived and worked in many different locations in the U.S., London, England, and Hong Kong. He has experience in at least 18 different industries and 31 different enterprises. Although he was only 49, he essentially retired in 2008 and began spending a lot more time studying investing. His articles are largely written as a public service. They provide investors with a rare totally unbiased view of the investing landscape and often include unique analysis.