Press Esc to close

Welcome to Money Morning - Only the News You Can Profit From.

Close

Is Your Vehicle on the "Most Hackable" List?

My first car was a bone-stock 1929 Ford Model A coupe that has been in the family since it was new.

My late grandfather – a machinist on the Lehigh Valley Railroad – drove the car as his everyday vehicle until the late 1940s. My Dad restored the car in his mid-teens and drove it through his high-school years.

And I did the same…

  • Featured Story

    One of the Telltale Signs Behind Risky Stocks

    Short-term corporate thinking has been blamed for many of America's economic ills.

    With little foresight beyond next year, management sometimes closes down plants and fudges accounting to make this year's earnings look better and boost the stock price.

    Often, it is simply because management is excessively rewarded by short-term incentives such as stock options.

    While investors might benefit from these shenanigans in the short-run, a new study points out the long-term effects are frequently negative.

    A new Harvard Business School study entitled "Short-termism, Investor Clientele and Firm Risk" has shown that short-termism is bad for investors increasing their risks without any corresponding increase in returns.

    In other words, risk and the short-term thinking usually go hand in hand.

    Breaking Down the Conference Call

    The study used a very interesting method to find out which companies are short-term oriented or more risky.

    To continue reading, please click here...
    Read More...
  • best risky stocks 2012