Helping you make wiser investment decisions


The ESG Performance Paradox | CFA Institute Enterprising Investor

The US Department of Labor’s recent actions have cast a spotlight on the curious logic underpinning the case for environmental, social, and governance (ESG) investing. More than 8,700 commenters wrote in July largely to condemn a new rule proposed by the DOL that would limit the ability of most employee retirement plans to select investments […]

What does a fee-only financial planner do, exactly?

Photo by fauxels from Pexels Q. How do you make money, Jason, if you don’t sell any products?–Rob A. Your question is a good one that I get a lot, Rob—even from people in the industry. So let me explain.  Something that I like to reinforce frequently is that I do not sell any financial […]

Michael S. Falk, CFA, on Safety Nets, Trampolines, and Opportunity Equality

In his introduction to Let’s All Learn How to Fish . . . to Sustain Long-Term Economic Growth by Michael S. Falk, CFA, Laurence B. Siegel observes that economics is about incentives: “People respond to incentives — the economist Steven Landsburg has written that all of economics can be summed up in those four words […]

Energy Transfer Ordered To Reroute Mariner Pipeline After Major Fluid Spill

Pennsylvania’s Department of Environmental Protection (“DEP”) has ordered Energy Transfer’s (ET) Sunoco Pipeline to reroute its planned Mariner East II Pipeline. It also wants the company to further assess, investigate, and restore resources impacted by Mariner East II pipeline installation activities in Upper Uwchlan Township, Chester County. The Mariner East pipeline system provides infrastructure to […]

10 strategies to help you pay off your credit card

Photo by Nina Uhlíková from Pexels Credit cards have become ubiquitous, used to pay for everything from gas to travel to home delivery. Managed properly, they’re also essential financial tools, allowing cardholders to build credit, earn cash back or travel points, and gain valuable perks, like insurance or purchase protection. Carrying a balance, however, changes […]

Goldman Upgrades Sanderson To Buy, Lifts PT On Valuation

Goldman Sachs upgraded Sanderson Farms to Buy from Hold and raised the price target to $139 (14.3% upside potential) from $127 on attractive valuation. Shares have lost 31% this year. The stock is up about 2% in pre-market trading. Goldman analyst Adam Samuelson said an “increasingly attractive valuation for SAFM in light of near-term poultry […]

Book Review: The Income Factory

The Income Factory: An Investor’s Guide to Consistent Lifetime Returns. 2020. Steven Bavaria. McGraw-Hill Education. Professional investors can find unique, well-differentiated ideas among the abundant output of many contributors to Seeking Alpha, a crowd-sourced content service for financial markets. A standout among the many contributors is Steven Bavaria, with his message of long-term returns (ideally, […]

What a stock split means for your portfolio and tax situation

Photo by Nikolai Chernichenko on Unsplash When a stock splits, investors end up with more shares of a company, at a lower stock price. An example might be a 2:1 split, where an investor with 10 shares worth $100 each ends up with 20 shares worth $50 each after the stock split.  Apple (Nasdaq: AAPL) […]

Republicans or Democrats: Who Is Better for the Economy?

We’re in the midst of another US presidential election. And as we do every four years, we’ll hear talk about the presidential cycle and why Republicans, because of their more business-friendly policies, are better for the economy and stock markets than Democrats. But as with so much common knowledge, the evidence for this is much […]

Amazon Fined By UK Regulator For Delayed Responses In Deliveroo Probe

The UK’s competition regulator (The Competition and Markets Authority or CMA) has fined Amazon 55,000 pounds over delayed responses to the information requested in connection with the e-commerce giant’s purchase of a 16% stake in London-based food platform Deliveroo. Last month, the competition regulator finally cleared Amazon’s (AMZN) purchase of a minority stake in Deliveroo […]

Making sense of the markets this week: September 7

Source: Twitter And many of those traders/investors in the U.S. moved to the Robinhood trading platform that became famous or infamous. And their “leader” might be David Portnoy of Barstool Sports, who claimed that stocks can only go up. While it appears  many are listening to this stock market cheerleader, history shows us that stock […]

Which E-Commerce Stock Is The Street Clicking On Now?

The pandemic has crushed several businesses but e-commerce is definitely not one of them—in fact, the shift to e-commerce has accelerated as COVID led to a temporary closure of retail stores. As per Digital Commerce 360, online spending increased 30.1% Y/Y to $347.26 billion in the first half of this year. Even after the easing […]