Archives for March 2018

March 2018 - Page 19 of 20 - Money Morning - Only the News You Can Profit From

This Weed Stock Triple Play Is the Perfect Place to Start Investing

The marijuana sector is still a volatile market, but with California now "fully legal" and Canada headed that way this summer, there are billions on the table; far too much upside for any investor to ignore.

But with such a massive amount of profit potential, it's all too easy for investors to be tempted by the hype and take the "high-risk" route.

That's why the "conservative-aggressive" approach is the one I recommend for getting started: Target low-risk companies – blue chips, in many cases – that are enabling the broader pot stock sector to flourish.

These easy-to-own companies are the best way to get started on the road to "marijuana millions." They're the perfect base on which to build a legal cannabis portfolio...

Here's the Real Impact Trump's Tariffs Will Have on the Best Steel Stocks

Financial markets are reeling after President Trump announced plans to introduce strict tariffs on the importation of aluminum and steal.

However, Wall Street is missing the fact that this kind of trade realignment presents some exciting profit opportunities to investors – especially in the best American steel stocks. In fact, we believe that new steel and aluminum tariff will prove a boon to the American steel market and increase the steel industry's market value…

Read more...

These 3 Insights Will Make You the Cryptocurrency Expert in Any Room

Money Morning Director of Technology & Venture Capital Research Michael Robinson is an expert when it comes to cryptocurrency and the technology that surrounds it.

He was one of the first people to recommend Bitcoin back in 2003, when it traded near $90 per coin. It's no secret where it traded late last year, above $19,500 per coin. That's a gain of over 21,500%.

Now, he's bringing readers the three biggest insights to know that can make anyone into a cryptocurrency expert...

Warren Buffett Can't Buy These Unreasonably Profitable Companies; You Can

"What will Warren buy?"

That's the question at the forefront of many people's minds today after Berkshire Hathaway revealed a gigantic $116 billion cash hoard in its annual shareholder letter over the weekend.

It's not just an academic exercise, either. $116 billion is serious money, even in 2018, and when that kind of cash goes into play, it'll have very real implications for every investor.

Naturally, every financial writer on Earth rushed to write "Buffett Will Buy XXX, So You Should Too."

It's a tempting idea. It even tempted me for two seconds or so, until this occurred to me…

With a cash pile of over $116 billion, it makes no sense whatsoever for Buffett and No. 2 man Charlie Munger to buy anything for a penny less than $10 billion.

It just would not move the needle much at all. The not-inconsiderable hassle of filing the regulatory documents for such a deal would make it not worthwhile.

I think it will be much more interesting (and profitable) for us to think about Warren might do if Berkshire was not quite as large and he had a little more flexibility.

Looking at his published acquisition criteria, he likes… the same kinds of companies I do.

Businesses that are consistently profitable, simple to understand and manage, with excellent management willing to stay in place.

I sat down and spent some time thinking about what the Oracle of Omaha would – not should – buy if the size made sense.

What I came up with could make us all (well, except for Buffett) an unreasonably large pile of money...