5 Avoidable Mistakes Most Newbie Investors Make

The numerous opportunities for building capital by investing in equities are accompanied by numerous uncertainties. The process might be clear that you put some money into something that you believe will become efficient and profitable and the income will outreach the initial deposit. However, not in every case, everything goes the same way as it was believed or expected.

3 AI Trends Revolutionizing the Banking Industry

The pace of digital transformation in banking has accelerated during the past year. Banks process a sizeable number of digital transactions and maintain a vast collection of customer data. Capable of analyzing massive data volumes, artificial intelligence has the power to revolutionize how banks use all this information. The following are three areas where AI trends are significantly impacting the financial banking industry in 2021.

Debt – The Good and the Bad

Most people think of debt as bad, something to be avoided. But, debt can be good or bad, for both lenders and borrowers.

Borrowers

For someone borrowing, good debt is debt that leads to increases in your net worth. This can happen in a variety of ways.  Debt can finance new investments in equipment, software, or people that enable you to save time to focus on other opportunities.  Student loans finance an education that can lead to higher earnings. Home improvement loans that will increase the value of your house and the quality of your life. Debt that helps you manage your finances, such as a consolidation loan, can also be considered good debt. It’s also good to just have some debt and pay it off timely, so you improve your credit score. This will help you be able to borrow when a future opportunity to take on good debt arises.

7 Essential Steps to Protect Your Family and Your Future

If there is one thing that this year has taught us, it is that there is no way to foresee the future. You never know when a global or personal emergency will arise, messing up all your plans and putting your or your family’s future at risk. Since everyone’s number one priority is the health and safety of their loved ones, it is of the utmost importance, to be as prepared as possible for unfortunate events. This way, you will be able to rest assured that even when the worst thing happens, your family is taken care of. Here are a few essential steps you should take in order to protect your family and your future.

It’s Time for Both a Quarterly and Dow Rebalancing                             

On unique advantage to Durig’s Dogs of the Dow is our quarterly rebalance, but even more important is the Dow Jones Industrial Average is going to remove both Exxon Mobil and Pfizer from the Dow. We also have already removed those two companies from our Dogs portfolio. Even though we are still down year-to-date, our three year and lifetime numbers are pretty good at 6.83 for 3 years and lifetime of 7.03.  These numbers, even though in a little disappointing, still greatly outperform the static Elements Dogs of the Dow.

Why Companies Implement Asset Management Software

The emergence of asset management software services has drastically transformed the way businesses managed their assets. Today, these versatile and powerful software suites are in high demand due to all the benefits it offers organizations. Organizations that have implemented asset maintenance systems in their workflow report increased savings and a major boost in revenue. Should your business also implement a software that helps you seamlessly manage all your assets? Read on and decide yourself.

Dogs of the S&P Strong Lifetime Performance in Rough Environmental & While Generating High 5.15% Dividend Income

With Covid 19 effecting all classes of investment we wanted to find a program that seem to be already working, For Durig one portfolio that seems to working very well is based on the success of of the Dogs of the Dow while paying an even higher dividend income  is Dogs of the S&P.

They ave combined a proven selection process (taken for Dogs of the Dow and applied it to the S&P 500) that utilizes  a updated technology approach of quarterly rebalance, and dynamic weightings, and free trading, making it more effective in today fast changing atmosphere.

Fixed Income 2: Finding Attractive Income Opportunities in a Yieldless World

A monthly performance review of Durig’s high yielding Fixed Income 2 (FX2) Managed Income Portfolio which also explores the many benefits that the portfolio can provide to investors.

(performance is reported net of fee, as of 2-20-20)

Performance Highlights

  • Over 6% in Cash Generation Alone
  • Year-to-Date Return of 6.20%
  • Trailing 1 Year Return of 7.72%
  • Trailing 3 Year Return of 9.03%
  • Trailing 5 Year Return of 9.13%
  • Annualized Return Since Inception of 8.72%
  • Average Bond Maturity of 4 Years
  • Alpha of 10.58 (vs. Benchmark)*
  • Beta of -1.22 (vs. Benchmark)*
  • Excess Return of 4.32% (vs. Benchmark)*

Filing Taxes 101: Common Errors You Should Avoid

Filing a tax return electronically reduces errors because the tax software does the math, flags common errors and prompts taxpayers for missing information. Using a reputable tax preparer – including certified public accountants, enrolled agents or other knowledgeable tax professionals – can also help avoid errors. Mistakes can result in a processing delay, which can mean it takes more time to get a refund.

Community Health Systems Bonds (CYH), 17% YTM providing High Yield, with Short Maturities

This week, Durig reviews one of the largest publicly traded hospital companies in the United States. Community Health Systems (NYSE:CYH) has spent the past few years paring down its portfolio of hospitals with an eye to retain those locations that are most profitable. The results of these divestitures are starting to be seen and the company has now put up two consecutive quarters of positive growth. In its most recent quarter results, one can see that same-store metrics tell a compelling story, especially in the competitive healthcare sector (see bullets above).

Income Aristocrats: Higher Income, Less Sleepless Nights

Following the success of it’s Dogs of the Dow and Dogs of the S&P 500 Portfolios, we now take an in-depth look at the latest addition to our portfolio of investment solutions, the Income Aristocrats Portfolio. A remarkably well diversified portfolio, the income aristocrats effortlessly blends three different portfolio strategies (Fixed Income 2, Dogs of the S&P 500, and the Dividend Aristocrats) into an excellent vehicle for generating cash flow.

Why a Fiduciary?

In this article, Durig explores what it means to be a fiduciary, benefits of working with one, and their fundamental differences from other types of financial professionals.

What is a Fiduciary?

Registered Financial Advisors are fiduciaries, and are held to a much higher and completely different standard of care for their clients than other types of financial professionals. A fiduciary must always act in their clients best interests.