When a transition is complete the last great industry continues to exist in the economy, but grows at a slower pace and becomes a smaller percentage of our national product. Today’s outsourcing (or offshoring) of technology jobs is a sign that America’s current leading industry is about to be replaced by another.  What will replace it? Financing. ...read the rest of this article»

Suddenly oil is on everyone’s mind. It was inevitable – high oil prices always attract media and investor interest. Oil demand is up, supply is weak, fears are high, competition is low. Will high oil prices kill the economic goose that lays the golden stock market? ...read the rest of this article»

Each and every fund in each and every model portfolio can now be purchased on Scottrade’s no transaction fee (NTF) platform, which means that investors can buy and sell them without paying a fee of any kind. We synched our portfolios with Scottrade’s platform because Scottrade has the highest number of funds available for sale without transaction fees. ...read the rest of this article»

Since few systems to predict the many ups and downs work consistently, the practical solution is to stay invested at all times. The only way to time the market is to spend as much time in the market as possible.  ...read the rest of this article»

The main reason we don’t trade actively is that our fund investing strategy is reasonably long-term – when we like an area of the market or category of fund we usually like it for reasons that are anything but trendy.  ...read the rest of this article»

We discussed many of the issues you need to think about when managing your portfolio in a past newsletter. One more area of interest by subscribers as tax season approaches is municipal bond funds. We don’t have any of them in our model portfolios. Why not, and should you own some? ...read the rest of this article»

Economics is the science nobody cares about until the economy stumbles. When it does, everyone wants to know why unemployment is rising and why their stocks are falling. Humans like to hear answers to unanswerable questions. It’s why some cultures had a god of rain they would pray to during the dry seasons. ...read the rest of this article»

All seven MAXadvisor model portfolios have had great years, but they won’t make any of our subscribers any money if nobody actually invests in them. To make the model portfolio investing process as easy as possible, we’ve developed this short guide.  ...read the rest of this article»

Our Powerfund Portfolio lead article from October 15th 2002 was written during what was a difficult period for investors. On October 9th of 2002 the Dow had fallen to 7,286. We laid out the case for stocks being a relatively good place to put your money at current valuations.  ...read the rest of this article»

As the Powerfund Portfolios are primarily mutual fund focused, some of you are probably wondering what our take is on the burgeoning mutual fund scandal. Are mutual funds bad news, MAX, and what can an investor do to avoid being ripped off? ...read the rest of this article»