Articles, tagged with "intelligent investor", page 3

Full credit to dividend franking

At The Intelligent Investor we simply adore dividends. They may not be very sexy, but in a corporate world littered with half-truths and empty promisesâ€"and that's the good bitsâ€"dividends do at least provide a bit of black and white. A company can eith... Read >
Author: Melanie

The beauty of book value

In the fourth instalment of our value investing series, we get down to the nuts and bolts of valuation.In the second instalment of this series, in issue 198/Apr 06, we saw that shares are worth the present value of the future cash they can generate for th... Read >
Author: Melanie

A fresh spin on the supercycle

There's an important distinction between a supercycle for commodities and a supercycle for resources stocks.With a heading like 'Resources mania or mining supercycle?', a small piece in issue 197/Apr 06 was always likely to polarise opinion, and sure enou... Read >
Author: Melanie

Danger in dividend yields

A high dividend yield can indicate there's value in a stock, but there are plenty of traps for the unwitting investor.If you're anything like us, you probably enjoy running your eye down the dividend yield column of your favourite financial pages. As far ... Read >
Author: Melanie

Greed, fear and the art of skiing

What do value investing and skiing have in common? They both require you to overcome your natural instincts.If you've ever sampled the subtle delights of skiingâ€"and the all too frequent and rather less subtle delights of landing on your backsideâ€"you w... Read >
Author: Melanie

The case for more cash

With value hard to find, it makes sense to be patient and reserve some firepower for the future.In the world of investment, some arguments are as old as the hills; and none more so than the amount of cash to hold in your portfolio. Some stick to a rigid p... Read >
Author: Melanie

Basic jargon explained

Confused by some commonly-used investment terms? These explanations should help you out.New investors often find financial terminology quite daunting. The problem is exacerbated by some brokers and financial planners who, deliberately in our view, make si... Read >
Author: Melanie

Valuing a bond

Looking for a meatier Investor's College article? Grab a calculator and sink your teeth into this one.Valuing a bond might seem like a strange topic for a stockmarket publication. But there are some very good lessons and analogies for share investors, so ... Read >
Author: Melanie

Price versus Value - The Main Lesson Of Value Investing

Value investing is the art of appraising the worth of a business and distinguishing it from the price the business is selling for in the market. Warren Buffett said, "Price is what you pay for; Value is what you get."Benjamin Graham, the father of Value I... Read >
Author: Maria Suarez

Cyclicals, turnarounds and asset plays

To get the best from your portfolio, you need to know your stocks. Here's how one great investor splits them up. In One Up On Wall Street, the famous American investor Peter Lynch described how he split stocks into six categories. Last issue we looked... Read >
Author: Melanie

Expensive lessons from cheap credit

The tide has turned in debt markets. We're about to find out who's been swimming naked. The events of the past few months deserve reflection. Hank Bloggs - a citizen of the United States who never should have been lent money to start with but thought ... Read >
Author: Melanie

Watch out for low-PER 'value traps'

If you think a low PER means 'cheap' and a high one means 'expensive', be careful. It ain't always so. Hands up. Have you ever made a list of all stocks trading on low PERs from the newspaper? Don't be shy, because many of us have. From the beginning o... Read >
Author: Melanie

Build your own financial fortress

A few simple rules will help you establish and maintain a fortress to keep you financially independent. For all the peripheral reasons one might get involved in investing, the foremost priority is almost invariably to accumulate wealth. Obviously, goal... Read >
Author: Melanie

A glossary of financial jargon

Confused by some commonly used investment terms? Our new glossary should help you out. The world of finance is full of jargon. Partly this is because, as with most things, there are similar concepts that keep repeating, so it's easier to have a conden... Read >
Author: Melanie

Real Estate Investing: Keeping Emotions In Check

One thing that successful real estate investors know is that you can't invest with your emotions. Leading with your heart can be an easy way to lose money or get taken for a ride. Investing is a business just like any other and as such you have to be smar... Read >
Author: Robert Nachman

User published content is licensed under a Creative Commons Attribution-NoDerivs 3.0 Unported License