Sell-off adds luster to some dividend-paying stocks, advisers say The turmoil that has seized financial markets may leave conservative, income-oriented investors with a feeling that there are few safe, productive places to keep their wealth. Stocks have declined nearly 20 percent from the May high, but alternatives like money market accounts and bank deposits generally...Read More
TIGHTER lending requirements and an unstable job market have made it tougher for some people, especially those just starting out, to qualify for a home mortgage on their own; finding a family member or close friend with good credit to co-sign a home loan may seem like the good solution. But money managers and lenders...Read More
Ever since the Eurozone debt crisis exploded onto the global financial scene in late 2009, interspersed bouts of political and economic volatility have led many to question the long-term viability of the European Monetary Union (EMU). Indeed, even after the IMF and fellow EU members stepped in to provide financing for debt-laden countries, continuing spasms...Read More
NEW YORK | Tue Jul 12, 2011 4:32pm EDT NEW YORK (Reuters) – Stocks closed lower for a third straight day on Tuesday as Europe’s fiscal woes and a weak start to tech earnings gave investors little reason to buy even after the recent losses. Moody’s downgrade of Ireland’s credit rating late in the session...Read More
By Danielle Sottosanti June 24, 2011 This is the third article in a three-part series on how advisors perceive and use mutual funds. More than one third of advisors plan to allocate the most assets to domestic equity, but advisors are increasing their allocations to global equities, an Ignites and FundFire survey shows. Roughly 36%...Read More
John Paulson isn’t the only prominent fund manager who has been hurt by the plunge in Sino- Forest Corp. shares. Christopher Davis, a value investor who researches stocks and holds them for long periods, owned 13 percent of the Chinese tree-plantation owner as of April 29 through his Tucson, Arizona-based Davis Selected Advisers LP. The...Read More
By Charles Stein – Jun 13, 2011 12:01 AM ET Bruce Berkowitz, Kenneth Heebner and Bill Miller, three of the best-known U.S. stock pickers, are competing for last place this year after their bets on an economic expansion backfired. Funds run by Berkowitz of Fairholme Capital Management LLC, Heebner of Capital Growth Management LP and...Read More
By: Robert Holmes Roge, who helps manage the Roge Partners Fund (ROGEX), doesn’t own Apple(AAPL) but he’s done plenty of analysis on the stock. He says he’s never seen a stock in the limelight more that “is so grossly undervalued.” “It’s probably worth about $475 a share,” Roge says. That would imply upside of 40% from where Apple...Read More
By: Joe Mont “Some of the older people, if they are more conservative, are going to look for dividend-paying stocks or dividend-paying mutual funds,” says Rosanne Rogé, managing director of R.W. Rogé & Co., a New York-based wealth management firm. “The younger people are going to be a little more aware of other things they can invest...Read More
