We are half way through May and there has been no great correction or sell off. I’m expecting this trend to continue as valuations appear not to matter as investors have no better place to put their money than in equities. Buffet says that bonds are a fools game, even for the retail investor. Do you agree? I’m completely out of bonds in my 401k and have no plans to return in the short term.
Tuesday morning David Tepper was on CNBC talking stocks. For those that don’t know he was the most successful hedge fund manager in 2012 earning over $2.2B. He could not be more bullish on equities and believes there is little to no risk in the markets right now. When one of the most successful guys on Wall Street talks I listen.
Here are a few investment posts I’ve been reading lately…
First, some dividend stock analysis:
The Dividend Guy – Mattel is fun
Dividend Growth Stock Investing – Purchasing Lorillard
Passive Income Earner – Canadian Western Bank
Financial Independence Journey – Safeway Dividend Analysis
Matt Krantz from USA Today – The Whirlpool restructure
General Financial Posts:
What is important to know about financial literacy? Financially integrated gives a good overview of why this is so important.
The 1500s give more insight into their weekend with Warren Buffet. Its a fun read for all investor types.