Archive for AIA Newsletter
What Chimpanzees Can Teach Us about Convertible Bonds
By Dennis Miller In a renewed commitment to finally learn Spanish, one of my colleagues spent quite a bit of time this week awkwardly saying, “Qué es eso?” into the headset Rosetta Stone provides with its language learning programs. Translation: “What’s that?” Here in the US, the 10,000 or so…
I Didn’t Believe the IRS Anyway
By Dennis Miller Lois Lerner’s emails are back from the dead—sort of. The former IRS official’s BlackBerry, however, is still long gone. The IRS intentionally destroyed it in June 2012 (after congressional staffers interviewed Lerner about the IRS targeting conservative groups) as the Deputy Assistant Chief Counsel acknowledged in a…
65,000 Marines Hold up a Mirror to the Economy
By Dennis Miller I was 18 years old when I left boot camp for Camp Lejeune, North Carolina, where the Marine Corps stationed 65,000 troops. When my unit got our first weekend pass and could actually leave the base in civilian clothes, something I hadn’t worn in several months, I…
Stop Investing in Leveraged ETFs
By Andrey Dashkov Bigger, faster, better. That’s the turbocharged investment we all want. Miller’s Money Forever subscribers who pay close attention to our portfolio, though, will notice that we don’t hold leveraged ETFs—those with “2x” or “inverse” or “ultra” in their names, which some investors mistake for “better.” Exchange-traded funds…
A Bridge Party and a Trip through TSA—When Stock Diversification Gets out of Hand
By Dennis Miller There are only a handful of ways to protect your investment portfolio, and proper diversification is chief among them. No matter how well you do your due diligence on a single investment or how disciplined you are at executing trades, if your portfolio looks like a bridge…
Your Insurance Company Lands in Rehab—Will Your Annuity Survive?
By Dennis Miller Your insurance company probably won’t go under; however, one might have said the same of AAA bonds in 2007. As many investors found out, sometimes the unlikely suddenly becomes your very own nightmare. In 2012 the Financial Guaranty Insurance Company with $2.1 billion in assets failed. Also,…