12/31/2012 For those still mucking out after super-storm Sandy Homeowners are in a cash crunch after superstorm Sandy. They need repairs, but insurance money hasn’t materialized yet. Desperate, many are taking money from their retirement funds. That’s not ideal. What’s a better fix for a post-Sandy liquidity crisis? 1. Borrow, don’t withdraw. If you’re under...Read More
December 30, 2012 Pros: Unlucky ’13 The new year is shaping up as a bad one, no matter what happens on Capitol Hill, a veteran financial planner warns. Ronald Rogé is warning his clients to prepare for rocky times on both Wall Street and Main Street. Rogé believes they are inevitable. The Long...Read More
Investor’s Business Daily 11/20/2012 Homebuilder ETFs defied the stock market’s sell-off Tuesday on news that new-home construction rose to its highest rate since July 2008. IShares Dow Jones U.S. Home Construction (ITB) rose 2.51% to 20.39. SPDR S&P Homebuilders (XHB) added 2.15% to 25.93. Both regained their 50-day moving averages after pulling back from new...Read More
11/20/2012 * Moody’s cuts France credit rating * Hewlett-Packard tumbles after charge * Housing starts rise to highest rate in over four years * Indexes off: Dow off 0.5 pct, S&P 0.4 pct, Nasdaq 0.4 pct US stocks fell on Tuesday as a credit downgrade of France by ratings agency Moody’s and a...Read More
11/01/2012 The economy and stock market may continue to “muddle through” in 2013, but investors can still see significant returns in stocks like Intel (INTC) and Liquidity Services (LQDT), said Steven Rogé, portfolio manager for the Rogé Partners Fund (ROGEX). The large-cap blend fund, which garners two stars from fund-rater Morningstar, has returned 10% year...Read More
10/31/2012 Daniel O’Keefe and N. David Samra, managers of the Artisan International Value Fund, (ARTX) have beaten rivals and their famous ex-boss David Herro by buying companies with strong balance sheets that were dumped by nervous investors in the 2008 crisis and after. The $6.6 billion Artisan fund had the best total return...Read More
10/17/2012 Certified financial planner Richard Colarossi counseled a Long Island couple in their investments and monetary strategies for decades before the wife revealed to him a startling secret: She’d hidden hundreds of thousands of dollars from her husband, who’d supported her for over 30 years. The wife wanted to ensure the security of her children...Read More
10/05/2012 Just four weeks ago, an MSCI (MSCI.N) executive was crowing about his company’s near-monopoly on providing critical benchmark stock market indexes which are licensed by fund companies around the world. “It’s the only part of our business in which we have a committed strategy of trying to utilize a little bit of pricing power...Read More
09/05/2012 Prepare to do exactly what mother always forbids. Take a peek at what’s coming for Christmas. A prime way to accomplish this: Look at the trends reflected in back-to-school shopping. It’s the second largest shopping time of the year, behind only the frenzy seen during Christmas. Businesses prospering in August will likely see full...Read More
