Filed under: Investing
With the Dow Jones Industrial Average (INDEXDJX:.DJI), S&P 500 (INDEXDJX:.DJI) and Nasdaq (INDEXNASDAQ:.IXIC) enjoying a stellar year, it's easy to get caught up in the race toward the bigger, better thing.
Over my 23-year Wall Street career, whenever I strayed from my discipline and started reaching, chasing, or otherwise pressing for performance, it came back to haunt me.
Slow and steady isn't sexy, but it wins the race for a reason; when it comes to the financial markets, performance is a marathon, not a sprint.
As you stretch your legs and lace your sneakers, I'll share the following guidelines that have helped improve my results, in no particular order.
Filed under: Investing
Recovery mode is slow but sure. Annualized growth of 3.3% is forecasted over the next five years thanks, in large part, to industries fathered by the Web. In fact, more than doubling the pace of the GDP is the increase of US mobile Internet connections that have enjoyed and will continue to see an estimated annual rise of 7.9% in the 10-year period between 2008 and 2018.
IBISWorld has identified 10 standout industries that are outpacing the rest of the economy by feeding off surging Internet traffic and a robust mobile device market.
In fairly rapid fashion, the solar power industry has tackled two major challenges that threatened to decimate the business.
First, far much too capacity led to rapidly falling prices, which pushed the industry's weakest players into bankruptcy and has left a few more of them struggling to stay afloat. Restrained capacity growth has become the theme of 2013, enabling demand to catch up, and prices on solar panels are no longer plunging at a rapid clip.
Second, the steep fall in solar panel prices has pushed this technology a lot closer to "grid parity," compared to fossil fuels. If natural gas prices had not also plunged as well in recent years, demand for solar would really be booming.
By Rich Smith
With a fiscal 2013 defense budget of nearly $614 billion, the United States is widely known to be a big spender on defense. By some estimates, U.S. defense spending accounts for nearly 60 percent of the $1.19 trillion the top 10 military powers spent on defense in 2011. In fact, the U.S. allocates more than five times more money to defense than does its closest spending rival, China.
And that's not the half of it. In the cutting-edge field of military unmanned aerial vehicles, the United States has such a huge lead over its rivals that it makes their combined UAV fleets look like a rounding error in a world that's essentially 100 percent dominated by U.S. drones.
Organovo (NYSEMKT: ONVO) has made headlines this year for its revolutionary tissue engineering platform, more commonly referred to as 3-D bioprinting. The company can add a tremendous amount of value to the pharmaceutical industry in the drug discovery process in the next several years and is targeting longer-term revenue streams with its ability to grow cancer tissues and human organs for transplantation. However, focusing solely on these great advances sells short the broader impacts that industrial tissue engineering and 3-D bioprinting platforms can have on society. What are some less-publicized applications within reach of the disruptive technologies?
By Dan Caplinger
Planning for how you'll make ends meet when you stop earning a paycheck remains a huge challenge for millions of Americans nearing retirement. Yet despite the many concerns that a recent study of 45- to 65-year-olds revealed, taking some simple steps can help you feel a lot more confident about your own retirement prospects.
A study from Jackson National Life and the center for Financial Insight solicited opinions from more than 500 people between the age of 45 and 65. Let's take a look at some of the most interesting findings the study revealed and some simple steps you can take to resolve the concerns they raise.
Celebrity endorsements are very useful things, but when it comes to investing, who would you rather listen to, Leonardo DiCaprio or Carlos Slim?
In this case, tough choices are not necessary. Both the movie star and the world's richest man have put their money on New York-based video and photo-sharing site Mobli. DiCaprio reportedly put in about $4 million, while Slim, through his America Movil (NYSE:AMX) telecom, has just announced he will invest $60 million.
Slim's investment turns Mobli overnight from a well-funded Internet start-up to a very well-funded Internet start-up indeed.
Shortly before he passed, Steve Jobs gave the world the ultimate "One more thing..."
In Walter Isaacson's biography on the Apple (NASDAQ:AAPL) co-founder and former CEO, Jobs claimed he had "cracked" the code on delivering an integrated TV set with a unique and as-of-yet undisclosed distribution system that would revolutionize how the masses consume content.
"It will have the simplest user interface you could imagine," Jobs told Isaacson. "I finally cracked it."
Ironically, the masses do have a device that delivers content in a dead-simple interface and, although lacking in hefty features, it's proven to be a hit with users at an attractive price point. It just happens to be manufactured by Google (NASDAQ:GOOG). (See: Google 'Cracked the Code' Before Apple Could.)
But unfortunately for Apple, the company still can't seem to find the secret decoder ring that Jobs used to crack that code.
So how do we middle class mortals keep up with the platinum card crowd? The best way to learn is to emulate - and to follow the lead. And that money trail leads to these 10 countries, whose banks are more than willing to help the 1% invest their money and reduce their tax burdens at home.
So which countries are favourite spots for hiding the big bucks? Our slideshow contains the answers, in case you're in need of a friendly banker.
Do you tweet?
If the question gives you the uncomfortable feeling that you're out of the loop, you're not alone. In fact, most of us have not tweeted. If you're an American and are over age 29, it's quite unlikely that you've ever done it.
In spite of the fact that Twitter (NYSE:TWTR) is a household name, and that it has caused many humans to begin tweeting in public, it is still not quite the mass phenomenon it seems, at least in context of the massive numbers possible in global Internet reach.