Welcome to the end of the week and another edition of Happy Hour! Just sit back, relax, and enjoy your end of the week roundup of all things interesting in the land of money.
Home Trade
Several years ago Warren “The Oracle” Buffett gave a prophesy on the potential in housing. He basically uttered the immense opportunity and if it was practical he would buy a couple hundred thousand homes. Wall Street firms and hedge funds took that to heart and bought big. Of course, others had bought up houses already, picking up foreclosed homes for pennies on the dollar and renting them out. Continue Reading…
Buyout and spinoff announcements can cause big price swings in stocks. Yet investors are always trying to find the next big deal. Even though it’s a speculative venture at best. Once a deal is announced, that’s where the opportunity ends for most investors. For others, myself included, this is where the real opportunity begins. It’s known as special situations investing and, speaking from experience, can offer a low risk, high reward way to invest your money.
Comparison shopping is a typical routine done in stores all the time and it usually ends at the price. But every once in a while, you dig a little deeper. You check under the hood of a car or compare ingredients in food. So why don’t we do more of it with our investment products? When shopping for funds, take the time to compare the ETF and mutual fund holdings.
The Affordable Care Act will bring a big health reform change to insurance plan coverage in 2014. You can start making plans now. A number of those changes will be introduced October 1, to give you a head start. Here’s a quick overview of the early changes and what to expect.