Every now and then I like to take a look at the highest yielding stocks in the market. Not to buy them of course, because the dividend yield on its own is a crude tool at the best of times. Instead, I'm interested in finding out which companies have crashed and burned, and what lessons I can take (for free) from their various situations.
One major recurring theme is the excessive use of debt, so this month I want to ram home the importance of avoiding highly indebted companies, using a series of embarrassing examples (embarrassing because management should know better). As a bonus, one of these companies may actually be a bargain.
by Evil Knievil| Evil Diaries| 1 mins. to read There is a sequence in things. Take Interserve (LON:IRV) which announced a general cock-up on Thursday last. The shares tanked to 55p at which point I sold short. The following day IRV announced a contract win with DWP. The shares closed at 75p on the Friday.
by Victor Hill| Economics| 11 mins. to read As Hallowe'en approaches, Americans are tricking and treating. But what is the US stock market doing? The smiling economists of 1700 Pennsylvania Avenue At its AGM in Washington last week the IMF reported that the global economy was humming along nicely with every region of the global economy set to record GDP rises.
Material contained within Master Investor Magazine and its website is for general information purposes only and is not intended to be relied upon by individual readers in making (or refraining from making) any specific investment decisions. Master Investor Ltd. does not accept any liability for any losses suffered by any user as a result or any such decision.
Ingen kommentarer:
Send en kommentar