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Articles by Steve Mauzy

The Best High-Yield Stock for the Housing Recovery

Housing starts are gaining momentum.  After hitting a 50-year low in 2010, starts have moved meaningfully higher over the past three years.  That said, they still have a way to go before hitting historical norms. The average long-term annual start rate is roughly 1.3 million units per year. The latest data, for March, show the […]

3 High-Yield Dividend Stocks to Buy Now

Interest rates are set to rise. Income investors should be concerned. That’s the party line that has been repeated for the past six months.  It’s one I have yet to buy into.  As I point out in yesterday’s Income & Prosperity, interest rates haven’t been rising.  Indeed, for most of 2014, interest rates have trended […]

Why Investors Should Be Wary of Rising Rate ETFs

When a new class of investments hits the market I prefer to remain on the sidelines and watch from a distance. In the past year, the market has been hit with new income funds that purportedly protect investors’ principal against the ravages of rising interest rates.  Called “Rising Rate” ETFs, these funds focus on short-term […]

How to Invest Like the Richest Man Who Ever Lived

Warren Buffett and Bill Gates are certainly wealthy individuals, but in the annals of history they’re not the richest men of their time – not even close. This coveted distinction belongs to John D. Rockefeller, co-founder and leader of the great Standard Oil Company. How expansive was Rockefeller’s fortune? If measured in today’s dollars, Rockefeller […]

From Russia, A Little Love for Income Investors

Nothing like a little mayhem and political posturing to generate a bit of value. I refer to the turmoil stirred up in Russia’s capital markets by that country’s government’s willingness to annex the Ukraine peninsula of Crimea. Russia’s government wants Crimea, and it appears a good many Crimeans want Russia. According to Crimea’s election chief, […]

Don’t Get Suckered by the Bank of America Dividend Increase

If it were any other company, I’d have applauded the move; because it’s Bank of America (NYSE: BAC), I rolled my eyes. The too-big-to-fail financial conglomerate that failed miserably in 2008 recently announced a 400%-dividend increase.  In the same self-congratulatory press release, a $4 billion stock buyback is also forthcoming.  The putatively pro-shareholder maneuvers are […]

Did Warren Buffett Buy the Wrong Energy Stock?

In the second and third quarter of 2013, Warren Buffett accumulated nearly 40.1 million shares of energy behemoth ExxonMobil (NYSE: XOM). Buffett’s cost basis is estimated at $90.22 a share. Nine months later, ExxonMobil’s share are up roughly 8.1%. Toss in three-fourths of the $2.52 annual dividend, and Buffett has likely realized a 10% return […]

How Will Rising Interest Rates Impact Dividend Stocks?

The self-styled philosopher kings and occupants of the Eccles Building – the Federal Reserve governors –  have divined that easy money should be somewhat less easy. Over the next eight months, the dials on quantitative easing will gradually be turned down and finally clicked off by the end of the year.  By July 2015, interest […]

2 High-Yield Business Development Companies Just Went on Sale

Buy when others sell; sell when others buy.  Repetition has reduced this bromide to cliché, but it hasn’t reduced its imbedded truth. Though few investors posses the fortitude, buying when others are selling (and vice versa) frequently leads to outsized wealth. The key is to look to the horizon in order to divine the possibilities […]

3 Deep-Value Gold Miners to Buy Now

As you would expect, the gold price is the tail that wags the gold-mining dog.  The tail has been wagging down. Gold has lost significant value over the past 18 months, and so have the gold miners – represented by the Market Vectors Gold Miners ETF (NYSE: GDX). Specifically, the gold price is down 23%; the […]