With market still falling, cash remains good choice
Since late September 2007, I have screamed about sitting in cash and, for the last few months, buying a little gold.
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Indiana Public worker, teacher funds have lost $8B in 15 months
The state’s two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive
director and board.
With bear market raging, are stocks priced right?
Looking past all the bad news, a forward-thinking investor should be asking: Just how cheap are U.S. stocks?
Seasoned stock pros size up slump
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.
Gold at $1,000 an ounce
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 showy millionaire faces spate of lawsuits
A recent spate of lawsuits, filed by a who’s who of Indianapolis businessmen, exposes cracks in Tim Durham’s veneer of opulence.
Gold has been glittering next to other commodities
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.
CIB could ask for $34 million in write-offs from Circle Centre investors to ease deficit
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.
Startup NICO raises another $1.73M
Indianapolis-based medical-device startup NICO Corp. has raised $1.73 million from investors.
Papa’s college funds hit the skids
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.
Corporate shareholders should demand more
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.
Buy-and-hold a bad tactic in these market conditions
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.
Thoughts on Schrenker
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…
A remarkable comment
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…
Time to close book on ’08, and not a moment too soon
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."
Conseco’s investment loss of $96 million ‘pretty good’ by comparison
Eric Johnson, Conseco Inc.’s president over its investment unit called 40/86 Advisors, talked with IBJ about the surprises
of the investing world over the last 18 months.
Stay liquid, flush with cash in these tumultuous times
Liquidity is king! Stay away from long-term, illiquid commitments until the equity markets really flash sustained levels of
demand.
Katz Sapper’s embarrassment
Yesterdayâ??s disclosure by KSM Capital Advisors that its clients might be out $15 million from the alleged
Madoff scandal probably wonâ??t be the last local fallout. At minimum, it has been a stressful and embarrassing
time for a…
Givers get strategic
Wealthy people are getting more advice from hired professionals and less from peers and not-for-profit personnel when
making
decisions about charitable giving, a new study shows.
Weird yields for Treasuries evidence of investor angst
A large number of investors are so fearful these days that they have flocked to the safest securities, pushing down interest
rates to virtually nothing.