bhp billiton

Before I get on to today’s Money Morning, an important announcement…

As you should know by now, we’re not afraid to dish up a big serving of criticism based on the nonsense we see from the mainstream press and mainstream financial advisers.

However, one of the criticisms we get from some readers is, “Well, what should I do about it smarty pants?”

It’s a fair question. It’s all very well to carp from the sidelines, but at some point, as a business, we’ve got to put our cards on the table. So that’s exactly what we’ve done.

[click to continue...]

Coal is many things, but it’s definitely not sexy.

One of my mates read my most recent Diggers & Drillers newsletter, in which I took a look at metallurgical coal. All he could say was “Coal? It’s not exactly…” before I deftly turned the conversation back to the snags on the barbeque I was manning.

In the last three months I’ve written about platinum – the rarest of all precious metals; copper – the base metal of kings; and iron ore – Australia’s most valuable export. So maybe he was expecting something more glamorous this month.

But coal IS glamorous.

[click to continue...]

Before we get on to today’s non-property related edition of Money Morning a very brief follow-up to yesterday’s edition.

First of all, we’ve re-read it, and do you know what, it seems a little disjointed. After two weeks of a property famine, on reflection we think we tried to cram in too much – must do better next time.

But aside from that, we did receive a couple of lovely emails into the Money Morning inbox. First, this one from Steve:

“I just ran those house locations past my brother who lives in… Michigan and you managed to pick 3 houses in what’s known as ‘No cop, no stop’ zones. Still, I suppose for $499 USD, it makes a good investment.”

[click to continue...]

We may have covered this subject before, so apologies in advance if we’re repeating ourselves.

However, it’s easier for us to just bang out 1,500 words than it is to trawl through the archive to check up what we’ve written about previously.

We did used to have a little spreadsheet where we would note the topic of each day’s article, just so we could rely on it for occasions such as this. Unfortunately, that stroke of genius only lasted about a week before we became bored with it!

Anyway, back to the point, what do yields tell you about an investment?

Well, in the good old days, the yield of a stock, bond or cash was a good indicator for investors about the relative risk of an investment.

[click to continue...]