Without fresh capital â?? or loosened debt obligations â?? Carmel-based Conseco could find itself in bankruptcy or looking
for a buyer or both.
I don’t think this bear can last another 17 months, because if it did, it would have a longer life than the greatest bear
market in our history.
Indiana’s CollegeChoice 529 Plans offer a number of great investment options to save for children’s college costs.
As Ben Graham said in his Mr. Market allegory: “The market is there to serve you, not guide you.”
I am not at all sure that a merger of two public pension plans is not a good idea, possibly just not under current investment management auspices.
Since late September 2007, I have screamed about sitting in cash and, for the last few months, buying a little gold.
The state’s two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive
director and board.
Looking past all the bad news, a forward-thinking investor should be asking: Just how cheap are U.S. stocks?
Media pundits regularly call the current economic crisis the worst since the Great Depression. One of the few Indianapolis financial experts who’s actually qualified to make such a comparison is Donald C. “Danny” Danielson, the 89-year-old vice chairman of City Securities Corp.
The gold hawkers are right, at least for now. Gold has been a better investment than stocks, bonds and
other conventional places to park moneyâ??hitting $1,000 an ounce today.
That signals investors are nervous about prospects for the economy…
A recent spate of lawsuits, filed by a who’s who of Indianapolis businessmen, exposes cracks in Tim Durham’s veneer of opulence.
It may be that gold is now beginning to reassert itself into the role it was meant to play for manâ??the only true store of value we have ever known.
A group of mostly local companies that made big investments to help launch Circle Centre mall soon could be asked to write
off a portion of profits they agreed to redirect into the construction of Conseco Fieldhouse.
Indianapolis-based medical-device startup NICO Corp. has raised $1.73 million from investors.
When I read the year-end statements from the 529 College Saving Plans I had established for the benefit of my grandchildren, I felt lower than a snake’s belly.
Free marketers cringe at the thought of government interference, but the fact is that the taxpayer is now a significant shareholder in a number of financial businesses.
If world leaders don’t quickly demonstrate the courage to stop printing money, the long term is shot. And since that courage
isn’t likely to surface anytime soon, investors should rethink traditional strategies now.
One of the themes emerging from the developing story about Marcus Schrenker is that he was driven to personal
destruction at least partly by greed.
The Fishers investment manager had a history of living well beyond his means, and…
Indiana has never been known as a hotbed of venture capital deals. That recognition has long gone to California
and Massachusetts, and the numbers fall off quickly in other states.
So a statement in this weekendâ??s IBJ was noteworthy…
For investors across the globe, most
would agree that 2008 was an annus horribilis. Anyone with a vague recall of Latin will arrive at the translation of "horrible year."
