After the Fed’s announcement that they will continue buying $85,000,000 of treasuries and mortgage-backed securities, with no real hints as to when they will “taper”, the market reacted exactly opposite what I would have expected.
I had to chuckle this morning, when I was checking the CNBC.com web site for quotes on GDX and SIL, our gold and silver mining ETF’s. They have both fallen so far in the last couple of years that their dividend yield is around 1.58%/year! That’s more than 5 year US Treasuries at 1.06%/year! Where… Continue reading Guess What the “New” Dividend Stocks Are?
Take a good look at this PBS program. While listening, please be aware that, at Portfolio Wisdom: We are a fiduciary, legally required to put your interests first. Your broker, insurance agent, and 401k advisor are probably not held to that high legal standard. Industry lobbyists have defeated every attempt to hold the big financial… Continue reading PBS Documentary – The Retirement Gamble Facing Us All