Category: Wealth
19 Posts
POSTED ON December 09, 2014 BY Travis McPherson

“Wise investors won’t try to outsmart the market. They’ll buy index funds for the long term, and they’ll diversify.” That’s what Jack C. Bogle says.  He is the pioneer of low-cost index investing and founder and former CEO of Vanguard which now manages over $3.3 trillion in assets globally. Bloomberg has a new interview with him… Continue Reading

POSTED ON September 29, 2014 BY Bill Bonner

As T. Boone Pickens put it, money is just a way of “keeping score” in life. But watch out: The “winners” are often the biggest losers. We’ve been rich and we’ve been poor. Being rich is better… but only marginally. And only because it helps you appreciate poverty. When you finally make some money, you… Continue Reading

POSTED ON September 23, 2014 BY Bill Bonner

The True Nature of Wealth You’ll recall from yesterday that the first secret to getting rich is that you cannot fear poverty. Otherwise, you can’t take the chances you need to take if you are to accumulate substantial wealth. You’ll also recall that there are only three important decisions in life: what you do… where… Continue Reading

POSTED ON September 22, 2014 BY Bill Bonner

Meanwhile, the Dow was up to a new record on Friday, albeit on a small gain. Gold was unchanged. So, let us begin a short series on “How to Get Rich.” First, you have to learn to love being poor. You may think I’m joking. I’m not. I’m just exaggerating a little. The point is… Continue Reading

POSTED ON December 12, 2013 BY Travis McPherson

Running out of financial flexibility, Bruce McLeod’s Mercator Minerals (ML:TSX) has agreed to a merger/takeover by Intergeo which is a subsidiary of ONEXIM Group(controlled by Russian oligarch, Mikhail Prokhorov worth an estimated $13 billion).  The deal will see Mercator’s assets get a much needed injection of capital.  Intergeo’s controlling shareholder Daselina (part of ONEXIM) will provide a… Continue Reading

POSTED ON October 29, 2013 BY Travis McPherson

“It doesn’t relieve you from the pressure of trying to get it right right out of the dorm room and they’ll be stories of people that do but its very unlikely that you will and not highly consequential if you don’t get it right right away.”

POSTED ON September 05, 2013 BY Travis McPherson

Carpathian Gold (CPN:TSX) has closed its second tranche of a planned $16 million equity raise led by Cormark and Macquarie.  Surprisingly, the bought deal was fully subscribed to including the underwriter’s purchase of $3.4 million worth of stock which enabled the company to raise a total of over $19.4 million.  This is a good sign… Continue Reading

POSTED ON August 20, 2013 BY Travis McPherson

Dr. Mark O’Dea’s True Gold Mining (TGM:TSXV) continues to drill good heap leach gold intercepts and this morning announced assay results from a recent 9 hole campaign at the Watinoma zone of the Karma gold project in Burkina Faso.  The company twinned a couple previously drilled RC holes and encountered the same widths with improved… Continue Reading

POSTED ON August 19, 2013 BY Travis McPherson

In the world before Brazilian billionaire, Eike Batista fell from grace, CB Gold (CBJ:TSXV) was a market favorite.  Prior to Batista losing the vast majority of his wealth due, in part, to the commodity price decline as well as some unhealthy personal leverage, Colombian gold juniors had a bid.  In February 2011, after a few… Continue Reading

POSTED ON August 15, 2013 BY Travis McPherson

Fission Uranium (FCU:TSXV) and Alpha Minerals (AMW:TSXV) announced this morning, after being halted late yesterday, that they had discovered a fourth mineralized zone at their Patterson Lake South Discovery.  The fourth zone, R945E, is located 165m grid east of R780E zone and extends the total strike length of the PLS deposit to 1.05km.  Hole PLS13-084 hit… Continue Reading

The Next 5,000% Winner in Resources is Out There Right Now…
Latest
Popular