Palm Beach Daily

These “safe” investments are the biggest threat to your portfolio today

• You’ll never believe former Fed Chair Greenspan’s shocking admission Former Federal Reserve Chairman Alan Greenspan says the world’s excess banking reserves are “tinder that has yet to be lit.” Greenspan made the candid comments to investment newsletter editor Brien Lundin. He believes the end of the Fed’s money-printing program—“quantitative easing,” in banker speak—has sowed […]

Choosing the best possible life

From Mark Ford, editor, Creating Wealth: Someone once said that the three most important decisions in life answer the following questions:   1. What are you going to do? 2. With whom?3. And where? I thought that was pretty nifty when I first encountered it 17 years ago. Today, I still think it is practical […]

Grant just had a “half-billion-dollar breakfast”…

From Grant Wasylik, chief analyst, The Palm Beach Letter: Very few people even know about him, but David manages over a half-billion dollars in his one-of-a-kind fund. You know who he is if you read our November issue of The Palm Beach Letter. “David” is the portfolio manager of PBL’s unique—and first-ever—mutual fund recommendation. In […]

Wealth Stealer: These are the top 5 IRS audit “red flags”

Financial publisher Kiplinger reports the U.S. Internal Revenue Service (IRS) audited 0.86% (1 in 116) of all individual tax returns in 2014. And due to 2015 IRS budget cuts, this year’s audit rate should drop even further. But don’t get complacent… you may be throwing up “red flags” without even knowing it. Here are the […]