In light of the recent stock market turmoil, investors are turning to bonds as a safe haven.  Financial planners, playing to the fear, recommend that an individual's bond allocation should approximate their age; i.e a forty year old should have about 40% of their assets in bonds. This is interesting, because most money managers consider [...]

The current issue of Forbes reports that the stock of Horsehead Holding Company, a zinc producer in Pennsylvania, is currently selling at less than net working capital.  Pretty cheap.

At a time when everyone is worried about their retirements accounts, I thought the following article might offer some perspective. Teachers in West Virginia offer a valuable lesson for what not to doBy JENNIFER LEVITZ Wall Street JournalAugust 4, 2008 Seventeen years ago, West Virginia school employees joined millions of workers nationwide in a shift [...]

As of today's close, 80% of stocks in the Russell 3,000 are down year to date, and a whopping 17% are down more than 50%. The only two places to hide in recent weeks have been US Treasuries and the US Dollar. Source:  Bespoke Investment Group

Please don't do this Who can blame an investor for taking to the bottle? Andy Pick, a 49-year-old stay-at-home father in Atlanta, recently bypassed the stock market for liquid assets — $120,000 in champagnes. He bought 400 bottles, mostly 1996 vintage, that he says he plans to "sit on" for 10 or 15 years and [...]