Karim Rahemtulla from the Smart Profits Report says that putting your money in gold mining companies will help you milk your investments, not physical gold.
Yesterday in the UK publication, Metro, Jim Rogers advised investors to move to China if they spoke Chinese. Today, I have my own piece of cultural advice: Tell your children to take French and German in school. And while you’re at it, grab your own Rosetta Stone guide to foreign languages… You might need it sooner than you think.
America is mired in a deep recession – and the market’s problems are there for most people to see. Almost everyone I know is thinking more carefully before spending these days and companies are desperate for the business. Except Lowe’s (NYSE: LOW), it seems…
No surprise from the Federal Reserve. Well, not really. Bernanke & Co. did as everyone expected them to do and slashed U.S. interest rates. But it was the size of the cut – from 1% to a record low of 0.25% that caught some folks off guard.
Karim Rahemtulla says covered call investing is a strategy that offers something great in today’s market: steady, consistent income. Here, Karim explains how to make solid gains by selling call options on the shares of your favourite companies.
Gold prices fell below $800 an ounce today. It’s a baffling trend, says Karim Ramentulla. Logically, gold should be trading at around $3,000 by now. Karim is convinced gold has a shiny future. Luckily, gold mining stocks are available at fire-sale prices.
Karim Rahemtulla says a taxpayer bailout is preferable to the chaos that will ensue if it fails. By rejecting it, politicians would be condemning the electorate to soaring unemployment, a devastating credit squeeze and a lousy retirement.
Editor’s Note: Like a farmer fertilizing his crops, the financial sector is spreading its muck far and wide, says Karim Rahemtulla in The Smart Profits Report. But is it the beginning of the end of the sector’s collapse? Karim reckons he knows how to predict the rebound…
US stock futures are pointing up following news of a $5 billion cash injection into Washington Mutual.
According to a report in The Wall Street Journal, the mortgage lender is close to a deal to get a $5 billion injection from TPG and other investors — a deal not brokered by the government, as was the recent Bear Stearns bailout.
The deal seen by some analysts as a sign that the financial sector is starting to pull out of the credit crisis.
