A popular prescription in the personal finance domain is to increase or maximize annual contributions to 401(k)s or similar retirement plans. However, one of the best financial decisions I’ve m

Editor's Note: This article was written by Chris Tormey, who is presently retired. Until March 2009, he was a partner at SpearpointCapital, a Global Macro Hedge Fund located in New York City.I didn&r

As a teenager, I hated those conversations with my father that began with him saying, “So let me get this straight…” during which my adolescent logic would be picked apart, thought

Sophistry has been brought to a new level. Those that have the most riding on rebuilding confidence as a temporary respite from illiquidity in markets designed the rules to evaluate the amount of cap

Remember all that money you socked away in your 401(k)? As financial markets continue to reel after 2 years of turmoil, pulling out your cash may be no easy task. The Wall Street Journal reports cert

Real economic liquidity is generated by productivity, which increases income by either increasing revenues or decreasing expenses, or both. This is what creates real wealth and raises the standard of

One of the beautiful things about convertible bonds in this environment is what's known in the trade as the "poison put." Virtually all convertible bonds, in the event of a cash takeover, c

The private sector is actively engaging the mortgage crisis with the first broad-based, systemic attempt to prevent foreclosure. Both Bank of America (BAC) and JPMorgan (JPM) are attempting to h

Financial crises like the one we are now experiencing increasingly result from the structure of modern capital markets. External shocks – such as declines in housing prices – are tra

In yesterday's Ten To Try Out? piece, I mentioned the Tortoise Energy Infrastructure Fund (TYG). It's a closed-end fund of energy Master Limited Partnerships. I used to own this many moons ago a