Westlake Village, CA, based Investment company West Oak Capital, LLC buys Amazon.com Inc, Cisco Systems Inc, iRobot Corp, Equity Residential, Comerica Inc, Cannae Holdings Inc, Vornado Realty Trust, Avery Dennison Corp, Owens-Corning Inc, Dollar Tree Inc, sells Vanguard Short-Term Corporate Bond ETF, General Electric Co, AbbVie Inc, Schwab U.S. Large-Cap, Guggenheim S&P 500 Equal Weight during....More>>>
Social media outlets are currently awash with claims that 2016 was arguably a “dumpster fire year” for many folks – but it certainly was not bad financially for famed investor Warren Buffett.
Shares of Buffett’s firm Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) skyrocketed 20% in 2016, helping to boost the “Oracle of Omaha’s” personal fortune....More>>>
9 Ways to Save on Taxes in Retirement
If Trump Wants to Kill DOL Rule, Hed Better Act Soon
The Roth Annuity: A Bright Star in Annuity Investing
A little over a year ago, the Federal Reserve raised short-term interest rates for the first time in almost a decade, indicating it would raise them four more times in 2016. But it didn’t raise rates again until last week, up 0.25%.....More>>>
Back in 2014, I wrote this article arguing that the House of Saud’s main motivation for allowing oil prices to fall was not economic but power based, concluding:
“So, when we investors consider how long oil prices are likely to stay at current levels, we should not just think about monetary influences. In this case, the maintenance of political power by the House....More>>>
A few days ago, an article about Nike (NYSE:NKE) argued that “Nike’s shares aren’t priced to buy.” The reasoning was that “Nike is, at best, fairly valued. And it certainly isn’t trading hands at fire-sale prices.” The question is: should you expect (and wait for) fire-sales prices? Most value investors know the maxim that it is better to buy a great business....More>>>
Since the US election the major US banks have risen significantly in stock value. In the graph below we can see the performance for the major US banks (C,BAC,WFC,JPM) starting from November 2016.
Click to enlarge
Citigroup (NYSE:C) is up 21%, bringing its year-to-date return for 2016 to 17%. This performance is nice, but it is rather....More>>>
February17, 2017: Markets opened lower Friday following a mixed Thursday close. There was little noteworthy economic news and the Monday President’s Day holiday may have encouraged some traders to get a head start on the weekend. The energy and materials sectors were the biggest losers offset by gains in counter-cyclicals. WTI crude oil for March delivery settled at $53.40a barrel, up less....More>>>
Uber driverless Ford Fusions sit in the Uber Technical Center parking lot on September, 22, 2016 in Pittsburgh, Pennsylvania. (Photo by Jeff Swensen/Getty Images)
The self-driving car craze seemed to come out of left field. In just the last few years, the idea that cars could pilot themselves around cities and along freeways went from science fiction to a genuine possibility.
The Coca-Cola Co (KO) manufactures, distributes, and markets nonalcoholic beverages worldwide. This dividend king has paid uninterrupted dividends on its common stock since 1893 and increased payments to common shareholders every for 55 years in a row. Warren Buffett’s Berkshire Hathaway Inc.‘s (BRK.A,BRK.B) is the largest shareholder of the world’s largest....More>>>
The U.S. stock market closed out another quiet week with small losses on Friday. The market opened the session lower and then climbed through mid-day. After an early afternoon selloff, the major averages closed near their best levels of the day.
Gainers included The GEO Group (NYSE: GEO), which jumped almost 22 percent a day after plunging nearly 40 percent on news that the U.S. government....More>>>