Investment Strategy
Increase Your Interest Earnings with an Online Savings Account
Opening a savings account through an online bank eases the pain of low interest rates. They pay at a level that is considerably higher than that earned through traditional institutions like Bank of America or Chase. They can do this, they say, because they do not carry the overhead related to maintaining a branch network. …
Positioning Managed Money in Your Portfolio
Adding fund products to investment strategy should be a carefully-weighed decision. They are useful. But they have management fees, and some have significant commissions. Make sure there is a good reason before agreeing to pay. Managed money works well for things an investor does not know much about. An example is options trading. Writing covered …
Approach Distressed Companies With Care
Speculating on troubled stock is a dangerous game. Recently I have read a lot of comments about ITT Educational Services, Inc. (NYSE: ESI) and they bring back bad memories. Many public companies go bankrupt and ESI seems to be following the script: government scrutiny, management shakeups, delayed financials, huge drops in the stock interspersed with …