Our take on the investing, financial, & economic themes of the day

What’s a Conservative Dividend Investor to Do?

1 December, 2015 by Matthew O'Brien, Ph.D. in Commentary
I recently helped a new institutional client rebalance its portfolio away from a heavy concentration in telecommunication, energy, and utility stocks.  This client has ongoing income needs, and the rationale for owning telecom, energy, and utilities is of course to meet these needs with ... read more...

Stocks are up almost 20%. Now what?

9 August, 2013 by Mark O'Brien in Commentary
We are getting some inquiries from nervous clients about the stock market in the weeks and months immediately ahead.  What do we think right now? The stock market is not expensive.  By most metrics it is fairly valued–not cheap but not overvalued either.  There is much loose talk about ... read more...

Thinking of dividends

22 August, 2011 by Ben O'Brien in Commentary
Stock prices typically go up about 5% a year.  That’s the historical average.  But we all know (we all know too well) that some years stock prices don’t go up. Fortunately, though,  there’s more to stocks than just their prices.  I am of course thinking of stock dividends.  Back in the 1990s ... read more...

2011 could be a good year for dividends

16 December, 2010 by Ben O'Brien in Commentary
With the tax cut extension passed in the Senate and now working its way through the House of Representatives, the tax rate on dividends is almost certain to stay at its current rate of 15%. This is a major relief for investor because the tax on dividends might have risen to as much as 40% for ... read more...