Tuesday, May 31, 2016

How to Earn 1% or More on an FDIC Bank Account

Are you concerned about the lofty levels of the stock market and have much of your investment assets in cash? But maybe you are sick of earning one hundredth of one percent (0.01%) on you savings. There are actually ways to earn a hundred times that amount, even more, and still get FDIC protection.

The number one question that potential customers ask is how these banks can offer an interest rate of 1% or more. Think about it. If it is an online bank, there are plenty of expenses that are eliminated which are required of brick-and-morter banks. Online banks don't have to pay a lease for retail space, no salaries or benefits for tellers, new account reps, and branch managers, no electricity, no alarm services, and so on.

All those savings are passed on to the depositors. If the opening of accounts and deposits and withdrawals are all handled online, there is very little expense involved.

So what banks make these offers, you might ask. Here is a list of several, all of which are offering FDIC insured accounts up to the maximum allowed by law. A couple of them do have minimums to open and/or maintain an account without incurring a fee.


Bank Type Acct. FDIC Interest Rate      Min. to
      Open
      Min. for  
      Interest
SFGI Direct Savings yes 1.06% $500 $1
Synchrony Bank Savings yes 1.05% $30 $1
Ally Bank Savings yes 1.00% $0 $1
Barclays Savings yes 1.00% $0 $1
iGObanking.com Savings yes 1.00% $0 $1
MySavingsDirect  Savings yes 1.00% $0 $1

Rates, fees, and minimums can change at any time, so read the details on the banks' website before depositing.

Sunday, May 29, 2016

The Latest NEW Top Selling Stock Market Books


Those of you who had read my article about a week ago on the best selling stock market books may have noticed (along with the commenters) that all the books were published years ago.  So I heard your messages and your feedback and have come up with a list of the NEWEST best selling books in the areas of the stock market and investing.

Here are the latest New books relating to investing and stocks:

Investing in Private Securities For Dummies by Joel G. Block

If you've heard it once you've heard it a million times: the best way to build your investment portfolio is to diversify. But how many options are out there, really? Investing in Private Securities For Dummies introduces you to an alternative type of investment that can bring new opportunities to your portfolio. This illuminating book guides you in identifying and understanding the risks and rewards that are associated with private placements, and offers information that can help you avoid scams while taking advantage of new regulations that have made private placements a viable and lucrative option for your portfolio's expansion. This approachable yet informative reference answers the tricky questions that make investing intimidating, and arms you with the information and confidence you need to make educated decisions about private placement investment opportunities. 
A private placement is the sale of securities to a small number of investors. Organizations offer private placements to select investors, and aren't beholden to the same regulatory oversight as they are with other types of investments. As such, private placement is a great opportunity if you have it—but it's one about which you want to be educated.

About Daytrading The Market: How To Day Trade The Market For Embarrassing Juicy Profits Pull Massive Piles Of Hard Cold Cash To Easy Instant Forex ... 9-5, Live Anywhere And Join The New Rich by X, Trader
This book is not your regular hog wash advice that you will find from your broker and the other magic bullets and seven step series that you see on this site. This book teaches you how to trade like the pros. Shows you how the big banks and foreign nationals and institution trade. The book opens your eyes to how to piggy back on the big institutional traders and win. Ninety Five percent of the people that trade the Forex market lose money and give up. The market is continually replaced by fresh blood like yourself. Don't become part of the statistics.

Assessing Relative Valuation in Equity Markets: Bridging Research and Practice by Emanuele Rossi and Gianfranco Forte
This book addresses the gap between the widespread use of stock market multiples in valuation practice and the frontiers of research on multiples. The book's approach is twofold: the authors first analyse the performance of multiples metrics in predicting the market price of a set of liquid and highly traded US stocks. The authors then employ these results to test profitable stock purchasing strategies employed in order to 'beat the market'. The results presented widen our understanding of the “market performances” of the valuation tools practitioners utilise in their everyday work. The evidence is of interest to researchers  and equity analysts, who wish to analyse the circumstances in which valuation errors using multiples are more frequent and when market multiples become ineffective in estimating market prices.

Traders of the New Era Expanded Edition: Interviews with a Select Group of Day and Swing Traders Who are Still Beating the Markets in the Era of High Frequency Trading and Flash Crashes by Fernando Oliveira and Leandro Oliveira
In this expanded edition of the book Traders of the New Era there are 3 additional interviews (The Home Run Swing Trader, The Futures Scalper and the Futures and Options Veteran), 1 extra chapter (The Trader Tool Box: Tricks, techniques and methods to fight against HFT) as well as additional improvements and corrections. Most traders fail. This has been especially true after the rise of High Frequency Trading and electronic markets, but what are the main characteristics of the traders that do succeed? That and other answers are provided by Fernando Oliveira in this book with in-depth interviews with traders and market experts. If you are tired of outdated day and swing trading literature that is available in bookstores and are looking for something more in touch with the current market structure then this book will please you with a wealth of up to date advice, tips, strategies and techniques.


Elliot Wave Techniques Simplified: How to Use the Probability Matrix to Profit on More Trades by Bennett McDowell
Based on the principles of visionary analyst Ralph Nelson Elliott, the time-tested techniques you’ll find in this book have helped successful traders navigate the waves of the financial market since the 1930s. Now you can apply these classic but complicated methods using a modern, simplified approach that will help you identify cycles, anticipate trends, and cash in on your trades.

Developed and written by financial market expert Bennett A. McDowell―founder of TradersCoach.com® ―this easy-to-use guide shows you how to:

* Take the guesswork out of your trading strategy
* Read mass psychology signals and avoid emotional trading
* Identify market wave counts with the highest probabilities
* Combine classic and modern techniques for better results
* Anticipate and prepare for future price action in the market
* Sharpen your trading and forecasting skills for long-term success

Unlike other trading guides, this book provides a complete, systematic approach to Elliott Wave techniques based on “McDowell’s Probability Matrix,” a unique and powerful tool for verifying the signals of market trends and cycles through historic prices and patterns. You’ll find real-world case studies and step-by-step trading rules for McDowell’s favorite trade setups including the Flat Bottom Breakout and Wave 5 Breakout. You’ll be able to create your own probability matrix to identify the highest probability tradesand you’ll hear a firsthand account of McDowell’s system in action from a student of the “Trader’s Coach” himself. Best of all, you won’t need any specialized software other than the charting platform and market data feed you’re already using. If you need more guidance, the book supplies you with additional resources at no extra cost.

The New Wave of Trading: The Future of Trading Stocks, Options, and Futures by Andrew Keene
Andrew Keene is President & CEO of AlphaShark Trading, which he originally founded as KeeneOnTheMarket.com in 2011. Previously, Andrew Keene worked as a proprietary trader at the Chicago Board Options Exchange. He began his career in the prestigious Botta Capital ‘clerk-to-trade’ program, and would eventually co-found KATL Group, where he was the largest, independent on-the-floor Apple trader in the world. In his new book “The New Wave of Trading: The Future of Trading Stocks, Options and Futures,” 

Andrew breaks down some of the most difficult and misunderstood trading concepts in simple and easy to understand examples. Andrew has educated thousands of traders around the world and wrote this book to help retail traders move their trading to the next level. In this book Andrew will discuss important trading concepts like: - Understanding Price action and Price Momentum - Why Greeks Do Not Matter in Options - The Psychology of Trading - Different Types of Risk - Trading with a Plan - Much More! Over a decade of professional trading experience went into the writing of this book and it is written to in a way that is easy to understand and valuable for a trader of any skill level. Beginner traders and experts will find valuable pieces of trading information along with valuable tips and tricks to help their trading plan regardless of what they trade. If you have any interest in learning how to trade better this is the book for you!

Adventure Capitalism: Globalization and the Political Economy of Stock Markets in Africa by T. Moss
Sub-Saharan Africa, the poorest and least integrated region of the world, now has fifteen stock markets. Adventure Capitalism examines the economic and political forces behind this trend and discusses the potential consequences of financial market integration for developing countries. Using a political economy approach, it finds that financial globalization presents a formidable challenge for African policymakers, but is also an opportunity with a range of benefits.

Dividend investing : a quick beginner guide by Richard Smiths
This book contains proven steps and strategies on how to get started quickly on the path of dividend investing and ready to hit the ground running. 

Dividend Investing is an investing approach where money is invested in stocks, bonds, mutual funds for seeking dividends that are regularly distributed to invest in the form of either cash or extra shares. Dividend Investing has over the time served investing community very well thru various up or down market cycles with lesser risk and helped investors accumulate wealth over a period of time. 

There is no easier way to achieve financial independence than to make more money while spending less. This principle has held true for generations and will continue to do so for years to come. What you do with the money you save is even more pivotal. Savvy individuals choose to invest it. Understanding different avenues of investing is pivotal to ensure your success in personal finance and towards your retirement. 

Mindset: The New Psychology of Trading Success: Losers Are Born And Winners Are Made (How To Grow Small Account Book 1) by Kemal Choudhury
Traders get stuck at predictable points in their journey to trading success. Despite years of training and effort, something holds them back from the success they know is possible. They want and need the fruits of trading success. They can feel the urgency of it. But, week after week (month after month), it stays out of their grasp. And they remain marginal traders. This is normal, for practically every trader gets struck here. The question is for how long. 

When the trader finally recognizes that he or she is the problem in their trading and decides to do something about it (rather than keep delaying), this is when things can change. The lack of trading success is not a hidden character flaw. Rather it is rooted in the biological commandments that compel us to seek certainty and control even when confronted again and again by the lack of certainty and control over outcome in the world of trading. 

Do you want to learn how to adapt your brain and mind so that it stays disciplined, focused, and poised when engaged with a world that cannot be known for sure?

Change: Investing in a Low Growth World by Rudy Filapek-Vandyck
An expose on the many macro trends that are keeping a lid on economic growth, inflation, bond yields and interest rates and how this is impacting on companies and economies worldwide. The underlying thesis is investors should no longer rely on what worked in the past, but instead they should adapt to the new environment and adjust their portfolios and strategies accordingly. Many of the themes have a global carry, but when it comes to the nitty gritty, this book is aimed at the Australian share market.

Short Selling: Finding Uncommon Short Ideas by Amit Kumar
When an investor believes a stock is overvalued and will soon drop in price, he might decide to "short" it. First, he borrows an amount of the stock, and then sells it. He waits for the stock to tank before buying back the same amount of shares at a deflated price. After returning the shares to his lender, he pockets the difference―unless any one of several hard-to-predict variables interferes, and the stock fails to drop. 
Since these variables are so hard to predict, short selling is difficult for even seasoned investors. It takes great talent and experience to isolate the best short ideas for falling stocks―skills Amit Kumar developed and honed over decades of market analysis and trading. This book shares his short-selling framework, built on themes common to falling stocks and the market's endemic strengths and cycles. Featuring key case studies and exclusive interviews with successful fund managers Bill Ackman (Pershing Square Capital Management) and Mark Roberts (Off Wall Street Consulting Group), Kumar shows investors how to avoid traps and profit from well-researched short ideas. Investors may not always act on short ideas, but they can avoid losses by using Kumar's framework to identify overvalued stocks. Professionals and amateur investors alike will benefit from this fundamental research approach, which transforms short selling into a long-term strategy.

Happy reading!!!

What Stocks the Presidential Candidates Own

This has probably been the wildest election year in the history of the United States. What makes it interesting from a financial standpoint is that the candidates file an OGE Form 278 Public Financial Disclosure Report. By seeing what they own, maybe you can glean what will happen to these stocks if they get elected. Here are the investment holdings as of the candidates' latest filings.

Hillary Clinton (Democrat)
Hillary Clinton
Hillary Clinton has a couple of Northwestern Mutual cash value whole life insurance policies, plus a universal life policy through AIG (AIG). She also has over $5,000,000 in cash in a J.P Morgan (JPM) account. In addition, she owns over $5,000,000 of the Vanguard 500 Index Fund (VFINX).

And that's basically it in terms of investment assets. However, she has received millions of dollars in honorariums from numerous companies, many of which are publicly traded, such as eBay (EBAY), Qualcomm (QCOM), and Salesforce.com (CRM).

Donald Trump (Republican)
Donald Trump
Donald Trump's form seems to go on forever, pages and pages of stock holdings. Instead of listing every one of them (around 600 listings), I've decided to list just a few of the stocks that he owns.

Agrium
AT&T (T)
Bank of Montreal
CenturyLink
Freeport-McMoran
General Electric (GE)
GlaxoSmithKline
Halliburton
International Paper
Mosaic
Pepsico (PEP)
Raytheon
Seadrill
Transocean
Verizon (VZ)
Wal Mart (WMT)
Apple (AAPL)
Caterpillar (CAT)
VISA
Gilead
Waste Management
Yahoo
Amgen
Philip Morris
UPS
MasterCard
Pfizer
Amazon (AMZN)
Costco
Disney (DIS)
Google (GOOGL)
Microsoft (MSFT)
Nike (NKE)
and the list goes on and on

Bernie Sanders (Democrat)
Bernie Sanders
It appears that Bernie Sanders doesn't own any stocks or investments. However, his wife owns over a dozen VALIC mutual funds. She also owns four Vanguard funds, each amounting to somewhere between $1,000 and $15,000 each.

Gary Johnson (Libertarian)
Gary Johnson
The financial statement for Gary Johnson, the Libertarian candidate and former Governor of New Mexico, is not as up-to-date as the other three candidates. He owns lots of real estate including interests in motels and office buildings. In addition, he owns over 509,000 shares of Cannabis Sativa Inc. (CBDS).

If you want to see the real forms, you can check them out at OpenSecrets.org.

Thursday, May 26, 2016

Stocks Going Ex Dividend the First Week of June

Here is our latest update on the stock trading technique called 'Buying Dividends,' also commonly referred to as 'Dividend Capture.' This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only in bull markets, and can work in flat or choppy markets, but you need to avoid the technique during bear markets.

In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork.com has compiled a downloadable and sortable list of the stocks going ex dividend in the near future. The list contains many dividend paying companies, lots with market caps over $500 million, and yields over 2%. Here are a few examples showing the stock symbol, the ex-dividend date, and the yield.


Arthur J. Gallagher & Co. AJG 6/1/2016 3.2%
American National Bankshares AMNB 6/1/2016 3.6%
American National Insurance ANAT 6/1/2016 2.8%
Arrow Financial AROW 6/1/2016 3.5%
AVX Corp AVX 6/1/2016 3.1%
General Cable Corporation BGC 6/1/2016 5.2%
Brooks Automation BRKS 6/1/2016 3.7%
Chemical Financial CHFC 6/1/2016 2.6%
Coach, Inc. COH 6/1/2016 3.4%

The additional ex-dividend stocks can be found at wsnn.com. (If you have been to the website before, and the latest link doesn't show up, you may have to empty your cache.) If you like dividend stocks, you should check out some of the other high yield stock lists at WallStreetNewsNetwork.com or WSNN.com. Most of the lists are free. 

Dividend definitions:

Declaration date: the day that the company declares that there is going to be an upcoming dividend.

Ex-dividend date: the day on which if you buy the stock, you would not be entitled to that particular dividend; or the first day on which a shareholder can sell the shares and still be entitled to the dividend.

Monthly Dividend Stock List

Record date: the day when you must be on the company's books as a shareholder to receive the dividend. The ex-dividend date is normally set for stocks at two business days before the record date.

Payment date: the day on which the dividend payment is actually made, which can be as long at two months after the ex date.

Book now available: Buying Dividends Revised and Expanded

Book now available: Stock Market Trivia Makes a Great Gift!

Don't forget to reconfirm the ex-dividend date with the company before implementing this technique.

Disclosure: Author did not own any of the above at the time the article was written.