The following entry explains a basic principle of finance, the so-called efficient frontier and thus serves as a gentle introduction into one area of finance: “portfolio theory” using R.

Covered call writing as it pertains to individual stocks can be a particularly effective strategy if the holder is effective at analyzing the risk/reward proposition of the trade.

The Chinese government repeatedly attempts to micro-manage the lives of its citizens. The effects of which continue to be unintended consequences both socially and economically.

Out here in Eastern Washington’s Yakima Valley are beautiful, seemingly endless fields of abundance and wealth. But not ‘wealth’ in the conventional sense. I’m not talking about paper money that’s conjured out of thin air by central bankers.

I am still bullish on the UBS ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (NYSEARCA: CEFL) despite the recent rebound in the price from the January 2016 lows. The annualized yield on a monthly compounded basis is 21.8%, based on calculations including my projected June 2016 CEFL dividend.

It’s a question we think most investors don’t really think about until their portfolio is down double digits from the peak equity.

That’s right, an owner of a crystal ball would have been able to multiply his money 10-fold in 2011 alone! For further comparison, in 1932, the owner of the same ball would have been able to multiply his money … 590 times!