About Alexander Green
Alex Green is Investment Director of The Oxford Club, a private financial organization dedicated to building and preserving the wealth of its members, independent of Wall Street's dubious influence.
Alex Green is Investment Director of The Oxford Club, a private financial organization dedicated to building and preserving the wealth of its members, independent of Wall Street's dubious influence.
Last week, Vickers Weekly Insider Report noted that corporate insiders are dumping shares like there’s no tomorrow. Insiders sold 6.31 shares for every share they bought. Contrast that with the seemingly brilliant move insiders made at the market low in March, buying three shares for every share they sold. Some analysts are saying there is only one interpretation to this recent turn in insider activity: The market is due for a spill. But not so fast…
A couple weeks ago, I explained why it is imperative to run trailing stops behind your individual stocks.
This month, we received word that the independent Hulbert Financial Digest just ranked our investment letter – The Oxford Club Communiqué – among the five top-performing letters in the nation over the past 10 years. Part of our success has come from knowing what to buy. Another major factor is knowing when to sell. And that, quite frankly, is the result of keeping our trailing stop discipline.
Over the past five months, world stock markets have put on a historic rally.
For more than a decade, author and academic Dr. Jeremy Siegel had the Midas touch. His book “Stocks For the Long Run,” first published in October 1996, surveyed more than 200 years of stock market history both in the United States and abroad and made a compelling case that common stocks are the very best long-term investment vehicle. Better than cash. Better than bonds. Better than real estate. Better than gold.
Last month the first ETF adhering to strict Islamic beliefs, Dow Jones Islamic Market International (NYSE: JVS), began trading. Following Shariah law, the index excludes anything close to investing in “sin stocks” or firms that produce or market alcohol, tobacco, gambling, weapons, or pornography.
American International Group (NYSE: AIG) has been taking a beating over the past two weeks, and even with its recent 20-1 reverse stock split, it’s been headed back down. So far in fact, that we’re getting close to the price we talked about on March 9 – $.35 (or split adjusted $7.00).
Yesterday we were reading how Microsoft (Nasdaq: MSFT) has been getting pretty testy with reporters concerning questions over it’s strategy to break into the advertising market thatGoogle (Nasdaq: GOOG) controls.
Buy tax-free bonds – now. If you’re a mutual fund investor, buy them through Vanguard (the average fund company charges expenses six times higher than Vanguard’s).