The team of analysts and editors here at Uncommon Wisdom Daily have already been holding internal discussions about all the ways a new President might affect your investments … and we plan on putting together a comprehensive action plan for you to follow before the final results are in.

Because if we can agree on one thing, it is this: The results of this election, no matter the victor, will result in fallout. [Cue heavy sigh.]

And as part of the research phase, I’ve begun contemplating the impact crude oil might have on the broader market.

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We’re less than a week away from the first major presidential debate. I am sincerely hoping we hear the candidates discuss Social Security — namely, how they anticipate addressing the system’s worsening condition over the next four years.

Of course, I’m not holding my breath.

Sure, we might get a few soundbites or platitudes. But no politician is going to stand up on stage and educate America about the program, all its complications, and the very real challenges it faces right now.

So today, I want to share seven facts about the program that very few …

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Raise your hand if you know of Jim Grant from Grant’s Interest Rate Observer fame?

OK, put your hand down. (I can’t see it anyway.)

Here is Grant’s latest quip on gold:

I’m very bullish on gold and I’m very bullish on gold mining shares. That’s because I think that the world will lose faith in the Ph.D. standard in monetary management. Gold is by no means the best investment. Gold is money and money is sterile, as Aristotle would remind us. It does not pay dividends or earn income. So keep in mind that gold …

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Talk about weird timing! In last week’s column, I told you that investors were acting overly complacent and that fear gauges like the VIX were likely to spike at some point in September. Well, just a few days later, it happened. In fact, Friday’s big sell-off sent the volatility index up 40% to its highest level since the Brexit event two and a half months ago. If you happened to play that move with one of the funds I mentioned, you could have made one heck of a nice profit. Of course, either way, the … [Read Post »]

Most investors don’t have much — or any — exposure to IPOs (Initial Public Offerings).

If you’ve experimented with IPOs, you’ve probably been burned in the past. And chances are you’ve given up on the endeavor.

And if you’re a fund investor, you most likely don’t have an allocation to an IPO-related fund (mutual fund or ETF). After all, there just aren’t many to choose from.

Plus, if you’re buying broad-based index funds, which more investors are doing nowadays, there are barely any IPO holdings inside.

For example, I used the ETF Research Center’s overlap …

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