Archives for June 2013

June 2013 - Page 9 of 16 - Money Morning - Only the News You Can Profit From

Stocks to Buy: Three Solid Tech Picks for Under $5 a Share

When considering stocks to buy, sometimes cheaper (and smaller) is better.

Popular tech behemoths like Google, Inc. (NYSE: GOOG) and Apple, Inc. (Nasdaq: AAPL) now trade for hundreds of dollars a share, making them impractical stocks to buy for small investors.

Most retail investors are better off taking a pass on those splashy household names and looking for stocks to buy that go for more modest prices – stocks that trade for less than five bucks a share.

Stocks trading for $5 or less often are considered riskier, but offer more upside than their bigger, pricier brethren.

That's because stocks of small companies are less liquid and more volatile relative to the rest of the market.  Typically, their prices tend to be move in bigger chunks, making for bigger gains (or losses).

Simply put, these stocks can provide more bang for your buck.

Here's what you need to know…

Buy, Sell or Hold: After the 44% Sell Off, Is Coeur Mining a Solid Buy Now?

As Money Morning readers, you're all too familiar with the reasons gold and silver are a necessary part of your portfolio.

Precious metals are one of the only practical hedges against political upheaval, a falling economy and the monetary debasement that is going on around the world.

So when subscriber, Elke B. suggested I review Coeur Mining Inc. (NYSE: CDE), I knew I didn't have to reinvent the wheel.

Because given the current wall of worry, the long-term future of silver and gold prices still looks bright.

And with the largest U.S.-based silver miner and a growing gold miner like Coeur down 44% since Jan. 1., I thought Elke might be onto something of a solid rebound play.

But to find out, I needed to dig a little deeper. Here's what I found…

A Tech Investing Homerun

You don't always have to buy a stock to double your money.

Sometimes, an exchange-traded fund (ETF) can pack just as big a wallop.

ETFs with that kind of horsepower don't come along all that often, which is why you have to pick the right one … at the right time.

And that's the tech-investing home run that I have for you today – an ETF with actual double-your-money profit potential.

In fact, you'll be stunned at just how quickly every $1 you invest in this fund will turn into $2 in holdings.

Three Ways to Avoid the Intrusive Eye of the IRS

Earlier this week I wrote about the IRS's hidden tax business owners must pay for free speech.

In the wake of the IRS scandals we've learned American business owners are being persecuted for expressing opinions that differ from reigning political agendas.

Political donation activities, Facebook posts, and nonprofit mission statements are all fair game.

Today, when those in power don't like what you have to say, your business can be audited or refused tax-exempt status in painstakingly long and intrusive processes.

But the reverse is also true: When the powers-that-be approve, life is good – it's all rubber stamps and smooth sailing.

Sure, if we had our druthers, we'd without a doubt prefer to stand up for our ideals.

However, when your livelihood – and maybe the livelihoods of your family and your employees – depends on the success or failure of your business, it may not be worth the risk.

And that's nothing to be ashamed of.

Luckily, there are a few easy ways you can game the system to avoid IRS discrimination:

To continue reading, please click here…

Nearly Half of Americans Say Obamacare is a Bad Idea

Obamacare critics have maintained from day one the president's signature healthcare bill is disastrous and doomed to fail.

Now with just months until the bill takes full effect, more and more Americans are beginning to think the same thing.

According to recent NBC News/Wall Street Journal poll, support for the Affordable Care Act is slipping.

The fresh poll shows 49% of Americans say President Barack Obama's health care reform bill is a bad idea. That's the highest percentage since the poll began measuring backing and opposition for the reform in 2009. Only 37% say the plan is a good idea.

The numbers reflect a sharp increase in disapproval since July 2012 following the U.S. Supreme Court's decision to uphold President Obama's healthcare overhaul. At that time, 44% of survey respondents called it a bad idea vs. 40% who called it a good one.

The latest poll also revealed 38% of participants said they and their families will be in worse shape under the new health care law, the highest negative outlook percentage toward Obamacare since it was signed into law in 2010.

Now just 19% say they will be better off while 39% say the law won't make much difference.

To continue reading, please click here…

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8 Reasons Your Dollar Doesn't Go As Far As it Did 10 Years Ago

Patients' hospital expenses have nearly doubled in the past decade. So, too, has the price of college textbooks. And gas prices have more than doubled, while prices of fuel oil and other fuels for home use have climbed a whopping 145%.

It's been a tough decade on the wallet, thanks to inflation.

The figures are based on a Yahoo! Finance analysis of items and services tracked by the Bureau of Labor Statistics' Consumer Price Index.

And the CPI, of course, is based on government stats which, as Money Morning has reported, routinely understate inflation.

Here are 8 reasons why inflation is pinching you, no matter what the Fed says about low inflation:

To continue reading, please click here…

This Pipeline Will Make Investors More than Keystone Ever Could

Look for the Obama administration to delay its Keystone Pipeline decision until after the 2014 election as it's preoccupied by ongoing scandals and the debate about fracking in the United States.

With House and Senate Democrats now vulnerable over these scandals and Obamacare costs, the President is expected to appease his base and continue to double down on alternative energy projects at the Department of Energy.

To continue reading, please click here…

Fight Club: U.S. Meat Made in China?

The New Cold War won't be fought with missiles and submarines; it will be fought with oil companies, natural resources…and pigs.

The controversial sale of American meatpacking icon Smithfield Foods (NYSE: SFD) to Chinese hopeful Shuanghui International has become a polarizing issue among investors and citizens alike.

Today we debate the issue of whether it's a good or bad thing to sell this leading U.S. pork producer to a Chinese company.

Check out the fray and don't forget to pick the winner and tell us what you think.

Let's get ready to rumble…

The Shocking Story Behind "News Feed Trading"

Pssst…Want to buy a watch?

I don't have one for sale, but I know some folks that are willing to sell you… well, it's not a watch, but it's something much, much better. They'll sell you time. You want to buy some time?

Turns out, and who knew, you can buy time. You, yes you, can buy a few seconds for a whole bunch of money. High-frequency trading outfits and apparently tons of other "traders" and "investors" are buying this time. You can, too.

For a "Fistful of Dollars," what you get is a few seconds head start on knowing some very important economic data points.

It's amazing what money can buy.

Forget integrity, it's not for sale because it's out of stock. But if you want to buy the University of Michigan's highly regarded and market-moving report on consumer confidence, you can get it, right alongside the "investors" like the HFT boys and girls who pay the University to get the numbers two seconds before the rest of the world sees them.

Or you can pony up next to the same crowd that buys the Institute for Supply Management's manufacturing index numbers before the world sees them.

It's not insider trading. It's totally legal.

Sony and Microsoft Fall Flat at E3, Opening the Door for Indie Game Competitors

Today marks the close of the Electronic Entertainment Expo, or E3, a mammoth annual conference in which the world's best and brightest tech companies show off the latest in video game technology.

This year's E3 was one of the most-anticipated yet, as 2 of 3 gaming giants Microsoft Corp. (Nasdaq: MSFT) and Sony Corp. (NYSE ADR: SNE) each unveiled their new gaming consoles.

Giant #3 Nintendo Co. Ltd. (NYSE ADR: NTDOY) opted to sit this one out, having just released its newest console, the Wii U, late last year.

I've been using my *ahem* embarrassingly extensive nerd powers to troll forums and get an idea of how Microsoft's Xbox One and Sony's PS4 stack up in the eyes of the gaming community.

To continue reading, please click here…