I have a lot of bad habits. For example, I tend to bite my nails when I get stressed out. I also have a penchant for opening the cupboard to get a drinking glass — then walking away and leaving the door wide open. I know. I can’t explain it either.
On the eve of the financial crisis, Capital Group was king of the mutual fund business—even though most investors had never heard of it. The Los Angeles-based company’s American Funds unit ran seven of the nation’s 10 biggest funds, including the largest of all, the $193 billion Growth Fund of America.
Marcus Lemonis, star of CNBC's TV series The Profit, is often willing to help out failing businesses -- but, as you may have seen on his show, there's generally a caveat. For Mallow Crunchies owner Nikki Lewis, that means coming up with a very detailed growth plan.
Sorry, but the phrase "safe high-yield investments" is an oxymoron, like jumbo shrimp and honest politician. Investments that promise fatter yields or hold out the prospect of above-average returns always come with more risk, whether it's in the form of more volatile returns or loss of principal.