Everybody likes a bargain. One such bargain today lies in municipal bond closed-end funds. With an average discount to net asset value of around six percent as of the end of the first quarter, investors can purchase $1 worth of ...Read More »
The Brownfield Cleanup Program was enacted in 2003 to foster private development of former brownfield parcels. The program was amended in June 2008 to cap tax credits, and those tax credits are scheduled to expire in December 2015. Unfortunately, significant ...Read More »
Pulitzer Prize-winning journalist Hedrick Smith made some waves recently with speeches and media appearances related to his most recent masterpiece, a book that serves as something of a socioeconomic historical whodunit, entitled “Who Stole the American Dream?” Most probably know ...
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A few highly successful, high profile investors seem to believe that diversification is actually quite stupid. Let’s consider the case and decide whether diversification should be embraced or rejected by the typical investor. Diversification is about managing risk. Everyone understands ...Read More »
Can I give you some feedback? It’s ironic how this well-intentioned question almost universally stirs up resistance. Anticipating a negative statement, we find our defense mechanisms triggered. And yet, to continue to grow and create the environment of a learning ...Read More »