Why Are Stock Buybacks Bad?

Update July 19, 2020: Stock buybacks are reportedly down 98% over the last year as of June 2020.In the wake of negative United States economic news this month, there's been a lot of talk about stock buybacks. The controversy is this: should major companies that have been buying back their own stocks as a means … Continue reading Why Are Stock Buybacks Bad?

Hiding Places: Profitable ETFs During the Coronavirus Bear Market

In a recent piece on building a portfolio that can withstand any market environment, we discussed how many considered a 100% stock portfolio as the place to be during the last ten years. Then came a global pandemic and oil price war that set stocks back about 30% year to date. Disappointingly, other asset classes … Continue reading Hiding Places: Profitable ETFs During the Coronavirus Bear Market

Who Owns the Trump Plaza Atlantic City and What is Going on With it Now?

Update: As of June 13, 2020, the Press of Atlantic City is now reporting that owner Carl Icahn has reached agreement with Atlantic City Mayor Marty Small, Sr. to tear the building down no later than February 2021. The simple answer to the headline's question is Carl Icahn, the 84-year-old billionaire and supporter of President … Continue reading Who Owns the Trump Plaza Atlantic City and What is Going on With it Now?

What is the Purpose of a Circuit Breaker for the Market?

On Monday, March 9, 2020 something that rarely happens took place. When the S&P500 dropped 7% within 3 minutes of the markets open, it triggered a 15 minute closure of the market known as a circuit breaker. The equities and options exchanges, according to the New York Stock Exchange, have procedures to kick in a … Continue reading What is the Purpose of a Circuit Breaker for the Market?

Robinhood Support: How to Contact Robinhood If You Have a Problem

Robinhood Customer Support: Best Contact Methods at a Glance1. Website: Create a ticket at the following link: http://robinhood.com/support2. In-app: Select "Contact Us" in app, follow instructions. 3. Email: Send an email to: support@robinhood.com4. Twitter: Robinhood offers limited support at @AskRobinhood on Twitter. 5. Phone number: Robinhood does not offer live phone support. Call (650) 940-2700 … Continue reading Robinhood Support: How to Contact Robinhood If You Have a Problem