James Altucher’s Top 1% Advisory Report Review (Don’t Bother)

There has been some recent discussion about ‘James Altucher’s Top 1% Advisory Report’, which purportedly grants its subscribers access to the same lucrative investments ‘elite’ investors use. Top 1% Advisory, a hugely popular new research letter Each month, multimillionaire investor James Altucher shows you how…

The FOMO Stock Market

Form The Reformed Broker: Why Bull Markets Make Everyone Miserable There’s also performance envy, fear of missing out (FOMO) and a whole litany of cognitive issues revolving around whether or not each of us has received our fair share of the bull market. Spoiler alert:…

Gnon Index (turning $10k into $95k)

Amazon, Facebook, and Google stock individually have far out-paced the S&P 500 since Jan. 2013: And when combined (each weighted 33% in the portfolio and re-balanced annually), is up over 200% vs. just 60% for the S&P 500: Investing $10,000 and using 3-1 leverage such…

Right Again: Tech Companies Keep Posting Blowout Earnings

Over and over again, I keep being right. In mid-2015, in the article Why the Web 2.0/Tech 2.0 ‘Bubble’ Refuses to Burst, I wrote: But I am pessimistic about the hardware unicorns (Fitbit, Skullcandy, GoPro, Jawbone) as opposed to the app/website ones, so It’s not…

Post-2008 Wealth Creation: A Guide, Part 5

Edit: Part 3 contained a mistake in the integration that has been fixed Part 4 discusses the allocation and the past performance of the strategy. In the fifth and final section, I’ll show how to place the orders. To recap, the the method involves using…

Post-2008 Wealth Creation: A Guide, Part 4

This is the penultimate installment of the post-2008 wealth creation guide. In part three, I discussed shorting inverse leveraged funds like SPXU and SPXS, which are 3x inverse versions of the S&P 500. As of 7/20/2016, SPXU is trading at 23.50. Shorting $10,000 worth would…

Post-2008 Wealth Creation: A Guide, Part 3

I intend to make good on my promise of an investing strategy. In part one, I discuss how we’re in a ‘winner take all’, ‘bigger is better’ economic environment dominated by large entities – be it multinational corporations, large content providers, the S&P 500, and…

Post-2008 Wealth Creation: A Guide, Part 1

Entrepreneurship is too hard, America’s ‘pioneer spirit’ is gone, and the news is pretty much a waste of time. Blogging, writing, etc. also mostly a waste of time and usually doesn’t make money. In our post-2008 winner-take-all, bigger-is-better economy and society, instead of trying to…

Correct Predictions, Part 3

Awhile back, I wrote that stocks would be a good buy should the market fall on ‘exit’ win. In agreement with James Altucher, for long-term US investors, Brexit doesn’t mean anything (it may actually be a positive), and I remain optimistic about the US stock…

Millennials Make a Killing Day Trading on Reddit

Millennials Make a Killing Day Trading on Reddit MarketWatch’s Shawn Langlois and Sally French join Quentin Fottrell and Priya Anand with the details on how Reddit became the go-to place for rowdy millennial traders to gather in 2016. Again, not to make this too political,…