Buenos Aires, Argentina I spend a lot of time trying to make sense of what’s going on the world, with …
Saving, investing and how much to put in stocks
Sussex, England “All my friends have got one. They’re pretty cool.” My London-based, 25 year-old niece was showing me her …
Avoiding the extremes
London, England In what seems like a previous life, I lived just down the road from where I’m staying today. …
How did my asset allocation perform in 2018?
Last year was a difficult one for investors. Every major asset class lost money, meaning there were few places to …
Strip out Amazon Inc. and US stocks look cheap
There are many stock valuation ratios. None is perfect, and all can give false readings at times. Right now, I …
Is there an “everything bubble”?
Buenos Aires, Argentina The G20 summit begins in Buenos Aires tomorrow. The lockdown has truly begun, as security forces are …
Are huge corporate debts finally worrying stocks?
Buenos Aires, Argentina Global stock markets resumed a downward slide in the past couple of days. In the US, with …
2018: the year of the US dollar
Buenos Aires, Argentina All eyes are focused on the US midterm elections today. In this era, where politics has descended …
Stock sell-off accelerates
Wanaka, South Island, New Zealand The time zone in New Zealand takes some getting used to for a newbie like …
Pyramids, profits and how to get the most from stocks
It’s well-established that stocks beat bonds and cash in the long run. The historical record is indisputable. But the standard …
Ferraris, real estate or stocks?
Buenos Aires, Argentina Last week’s lunch at the American Club in Buenos Aires was thoroughly enjoyable. Around 12 of us …
Is (most of) the S&P 500 much cheaper than it looks?
“S&P Hits an All-Time High.” So ran a headline today on Bloomberg. The moment, at 12.54pm, was fleeting – the …
Why consistency beats shooting for the moon
An age-old dilemma for investors is whether they should concentrate on solid investments, which are likely to result in more …
Busting a myth about closed-end funds (CEFs)
Many investment analysts recommend buying closed-end funds (CEFs) when they’re supposedly trading at a big “discount”. In fact, as I …
It’s time to sell Russian stocks
The confrontation between NATO allies and Russia is escalating fast. Russian stocks are highly attractive on a financial basis. But …
As bonds and stocks fall, what’s gone up?
After a sleepy 2017, stock volatility is back in 2018. But, so far this year, long-dated US treasury bonds have …