“Natty” Is Down Big. What Comes Next Is More Exciting.

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We contrarians, we’re not ashamed to admit, make our big money dumpster diving for discarded dividends.

When vanilla investors toss trash, it is often our treasure!

I have a hunch this is unfolding in the natural gas market. Prices literally can’t go much lower, which means that eventually they must go higher. Check out this chart—prices are down by 80% in one year!

Nat Gas is Dirt Cheap 

“Natty” prices have fallen from roughly $9 per million British thermal units (MMBtus) to a little more than $2, flattened by unseasonably warm weather and months of dogged supply surplus. Reuters reported in February that “depletion so far this heating season has been around half the seasonal average for the last 10 years.”… Read more

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Like many who are passionate about investing, I am a numbers guy. And like many people who are serious about facts and figures, it’s hard to bite my tongue when I run across egregious errors in financial media that might mislead the investing public.

Here are a few that have irked me lately that you should watch out for:

Stock splits:  Arguing that Alphabet Inc. (GOOGL) is different after its July stock split is like arguing that cutting a pizza into more slices somehow changes the quality of the crust. The value of a company or its total profits doesn’t change just because there are more shares (or slices) to go around.… Read more

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Exactly who is retiring on the income from safe bonds in 2021?

You might remember when, once upon a time, the 10-year Treasury was a source of acceptable retirement yield:

  • Thirty years ago, we could get 7% or more for sitting on high-quality U.S. debt,
  • Twenty years ago, we could still gather 6%,
  • Even a decade ago, we were pocketing a respectable 4%.

Today? We can’t even collect a lousy 1% yield!

Buying Treasury Bonds? Congrats—You’re Broke!

Put a million bucks into 10-year Treasuries and we’re banking just $9,500 per year in income. That’s below poverty levels. Yikes.

Things aren’t any better on the stock side.… Read more

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If you’ve been on the sidelines as this market grinds higher, you’re probably suffering a severe case of FOMO (fear of missing out).

It’s a terrible feeling, but today I’m going to cure you of it entirely, because it’s not too late to jump in!

The key is to zero in on a group of investments known as closed-end funds.

I’ll tell you about them—and introduce you to 5 attractive CEFs—in a moment. But for now, here’s the upshot: these overlooked, easy-to-buy funds are beating the market, but some are still priced at big discounts to their “true” value.

That means you’re not only going to get a strong return here, but you’ll also get a lot of income, too.…
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