Ian Wyatt has been actively investing in stocks for the last 25 years. He turned that passion into a multi-million-dollar Internet business when he founded Wyatt Investment Research in 2001. Ian’s goal is to help investors beat the market by finding great investments that are attractively priced. Ian knows that wealthy investors tend to invest differently. They don’t make ridiculous, high risk, high reward bets. They don’t feel the need to buy and sell frequently. Instead, they protect their wealth by investing for income and buying stocks when they are cheap. When they do speculate, they do so intelligently, without letting emotion enter into the equation.
Both the Nasdaq and the S&P 500 are hitting new recovery rally highs today. Part of the reason for today’s strength is the better than expected construction numbers released… Read moreRead more
The high close for the Nasdaq since the rally began was 1,763. Yesterday’s close was 1,751. For the S&P 500, the high close was 929 and it closed at… Read moreRead more
Yesterday, it was reported that median home prices fell to $209,700 from $246,400 in April 2008. That’s a steep year-over-year correction, even though prices were up from March 2009.
So I heard a radio ad this morning from a mortgage company. It might have been PNC, but don’t hold me to it. It was typical mortgage ad fodder:… Read moreRead more
I was starting to think that Treasury Secretary Tim Geithner was secretly hoping that everyone had forgotten about his plan to remove toxic assets from bank balance sheets. But… Read more
Stocks are down this morning after a "surprise" drop in new housing starts and a fall in new building permit applications. This shouldn’t really be a surprise. After all,… Read more
Fed Chief Ben Bernanke has his hands full. He’s got enough balls in the air to keep an octopus busy. Consider his prime directives: raise money and keep interest… Read moreRead more
