From Eric Wade, Analyst, Stansberry Churchouse Research: Plagued with hyperinflation, an incredible 90 percent of the population of Venezuela is now under the poverty line. That’s compared to a still-extraordinary 48 percent just four years ago. So many children are malnourished and adults are going hungry that Venezuelans have coined a term for it. They […]
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Hot Topic: Cannabis Stocks
Now is the Time to Invest in Marijuana Stocks
In the fall of 1996, California voters passed Proposition 215, a landmark piece of legislation that made medical marijuana legal across the state. It was the first law in the country making marijuana legal on the state level, and it reversed decades of precedent in the United States. Fast forward to early 2018 and 30 […]
Wall Street’s Marijuana Madness: ‘It’s Like the Internet in 1997’
TORONTO—Shannon Soqui just quit his Wall Street job to go after what he thinks is a bigger business: selling marijuana the way Mary Kay Inc. sells cosmetics. The 51-year-old banker wants to focus on Qind, his San Francisco startup that organizes home parties to sell cannabis products, to get a piece of what he says […]
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Should You Invest Your Social Security Income Into the Stock Market?
Few social programs have done more for Americans over the long run than Social Security. Today, it’s a program that provides a monthly benefit to more than 62 million people and, according to the Center on Budget and Policy Priorities, helps to keep more than 22 million beneficiaries above the federal poverty line. Social Security […]
How to Trade Options for Income in Your IRA
Retirement investors looking to boost income have an opportunity that probably doesn’t come to mind right away – trading in the options market with strategies like writing covered calls. It sounds like blasphemy. After all, the standard advice is to play it pretty safe in retirement accounts like IRAs, and options would seem to violate […]
$100 Oil Isn’t as Outlandish as You Might Think
If you came here to find out when oil will reach $100 a barrel, I’m sorry to disappoint. The thousands of factors that go into the price of oil at any given time make it hard to put a timestamp on prices. Demand can wax and wane with global economic growth, and supplies can’t always […]