Dave Gonigam has been managing editor of The 5 Min. Forecast since September 2010. Before joining the research and writing team at Agora Financial in 2007, he worked for 20 years as an Emmy award-winning television news producer.
Companies go public to rake in a few billion dollars for themselves and the underwriters. And the suckers-- sorry, investors who gobble up shares when these things come out-- usually end up losers. The stock sinks once the initial euphoria wears off. Then it levels off at a much lower price before maybe rising at a normal pace again.
As the real estate market slowly begins to show signs of life, homebuilders continue to slide. The iShares Dow Jones U.S. Home Construction ETF is down almost 4% year-to-date. Over the past 16 months, the builders have been stuck in neutral, while the S&P has risen more than 26% over the same period. Something has to give. Greg Guenthner explains…
It’s one thing to preorder a product from Kickstarter. But what if you could actually invest seed capital in a concept you believed in with your whole heart? What if you could be your own venture capitalist, risking a small chunk of your portfolio?
If the Maker Movement Is So Great, Where’s Our Flying Car?
From “Bits” to “Atoms”… Digital Innovation Finally Comes to the World of Real Stuff