Adam Fischbaum brings more than 20 years of professional investment experience as financial advisor and portfolio manager. Affiliated with an NYSE-member firm, he specializes in value, income and macro thematic investing. Adam is also a contributing editor for Yieldpig.com and his work is published frequently on TheStreet.com, BusinessInsdider.com, as well, Seeking Alpha and TalkMarkets.com. He currently holds a Series 7, 63, 65, and 31 license. Adam lives on the Gulf Coast with his wife and two sons. When he’s not running money or writing about it, he enjoys hunting and fishing.  

Analyst Articles

I don’t like playing “futurist”. I’m going to try not to sound like an ineffective political campaign commercial, but the only way I can describe the healthcare in the United States is that it is broken. It may be beyond repair in its present form. I say this as both an expert and a consumer. The United States has the highest healthcare spending as a percentage of GDP among developed nations throughout the world. Currently, the nation spends 17% of its annual GDP on healthcare. In dollar terms, that comes to $3.06 trillion. The average amongst our peers is just… Read More

I don’t like playing “futurist”. I’m going to try not to sound like an ineffective political campaign commercial, but the only way I can describe the healthcare in the United States is that it is broken. It may be beyond repair in its present form. I say this as both an expert and a consumer. The United States has the highest healthcare spending as a percentage of GDP among developed nations throughout the world. Currently, the nation spends 17% of its annual GDP on healthcare. In dollar terms, that comes to $3.06 trillion. The average amongst our peers is just under 11%. In per capita terms, according to research from George Mason University, the United States spends, on average, $8,508 per person on healthcare. The average among developed nations is less than half of that, at $3,322. Meanwhile, as our healthcare costs escalate, so does our aging population. Pew research has determined that 10,000 members of the baby boom generation turn 65 every day. By 2030, when all boomers are 65 or older, they will account for 18% of the nation’s population. While I am an eternal optimist, I sincerely doubt the ability of our current healthcare system to care… Read More

Amazon’s Whole Foods acquisition has ignited a flurry of rumors regarding what company may be the next target of the king of retail. Investors looking to ride the acquisition price jump are scrambling to invest before a buyout announcement.  While no one knows for sure what company will be next in line as an Amazon target, the following five names keep coming up on the Street. They are listed in order of most likely to be acquired to least. 1. Bed Bath & Beyond (Nasdaq: BBBY) Amazon has its sights set on the home décor and furnishing sector. Bed… Read More

Amazon’s Whole Foods acquisition has ignited a flurry of rumors regarding what company may be the next target of the king of retail. Investors looking to ride the acquisition price jump are scrambling to invest before a buyout announcement.  While no one knows for sure what company will be next in line as an Amazon target, the following five names keep coming up on the Street. They are listed in order of most likely to be acquired to least. 1. Bed Bath & Beyond (Nasdaq: BBBY) Amazon has its sights set on the home décor and furnishing sector. Bed Bath & Beyond, with its 1,100 standalone stores in North America, creates the ideal brick and mortar space for the internet behemoth to showcase its furnishing and home décor products. The chain could also provide widespread geographic locations for online ordered product pickup and return.  Amazon is in the catbird seat when it comes to understanding American moving habits. Consumers tend to purchase furnishing and home décor items when moving to a new home. And with over 60 million Prime members, Amazon knows exactly when folks decide to move as they change their shipping address. This information can be used… Read More

It’s perhaps the most hotly-anticipated, controversial, thought-provoking thing we do as a company. It could also be the most profitable thing you read all year. —Sponsored Link— Man Who Predicted Trump’s Victory Makes NEW Shocking Prediction He was one of the few who predicted Trump would win the Presidential election. He was even mocked on live TV for saying Hillary would lose. And now he’s making another shocking Trump prediction. HINT: The “fake news” media will NOT cover this developing story. Click here to see it. I’m talking about our annual… Read More

It’s perhaps the most hotly-anticipated, controversial, thought-provoking thing we do as a company. It could also be the most profitable thing you read all year. —Sponsored Link— Man Who Predicted Trump’s Victory Makes NEW Shocking Prediction He was one of the few who predicted Trump would win the Presidential election. He was even mocked on live TV for saying Hillary would lose. And now he’s making another shocking Trump prediction. HINT: The “fake news” media will NOT cover this developing story. Click here to see it. I’m talking about our annual predictions report. Each year, the research team behind our Game-Changing Stocks newsletter releases a set of investment predictions for the coming year. And because they challenge conventional wisdom so strongly, these annual forecasts are invariably the most talked-about market calls we publish all year. #-ad_banner-#I’m talking about the kinds of bold predictions and investing ideas you won’t find anywhere else. That’s because, to put it quite frankly, by the time you hear about these ideas in the mainstream financial media, it’ll be too late. The big gains will have already been made. And while we don’t pretend to have a… Read More

U.S. home prices are on a roll. And as we head into the New Year, I am expecting another record year for home prices in 2018. Today, I am going to reveal the safest, easiest and most profitable way to benefit from this trend. Fueled by record-low interest rates and housing inventories, home prices in the United States hit another all-time high in 2017. The S&P CoreLogic Case-Shiller 20-City Composite Home Price NSA (SPCS20) Index measures the value of residential real estate in 20 major U.S. metropolitan areas, including New York, Los Angeles, Seattle and Chicago. The most recent update… Read More

U.S. home prices are on a roll. And as we head into the New Year, I am expecting another record year for home prices in 2018. Today, I am going to reveal the safest, easiest and most profitable way to benefit from this trend. Fueled by record-low interest rates and housing inventories, home prices in the United States hit another all-time high in 2017. The S&P CoreLogic Case-Shiller 20-City Composite Home Price NSA (SPCS20) Index measures the value of residential real estate in 20 major U.S. metropolitan areas, including New York, Los Angeles, Seattle and Chicago. The most recent update showed that the index expanded 6.1% to 203 in August, breaking the previous all-time high of 198 from July of 2007. Take a look below. SPCS20 Index Level Since July 2007 Looking forward, I am expecting another record year. Not only will interest rates remain relatively low, but I see no short-term solution to historically low housing inventories. #-ad_banner-#One way to profit is with an income property such as a single-family home, condo, townhome or even an entire apartment complex. This can be a great way to capture capital gains from rising home prices and generate income… Read More

Investors love dividends (you wouldn’t be reading this otherwise). And we’re naturally drawn to high yields. So anytime a stock’s payout climbs two to three times above the market average, you can bet it will get a hard look.  If the business is on solid financial ground, then it won’t take long for income hunters like us (as well as larger institutional investors) to pile in, driving the shares up and the yield back down.  —Sponsored Link— The Shockingly Easy Way To Play The Bitcoin Boom Blockchain technology, bitcoin, ethereum; they’re all in the news… Read More

Investors love dividends (you wouldn’t be reading this otherwise). And we’re naturally drawn to high yields. So anytime a stock’s payout climbs two to three times above the market average, you can bet it will get a hard look.  If the business is on solid financial ground, then it won’t take long for income hunters like us (as well as larger institutional investors) to pile in, driving the shares up and the yield back down.  —Sponsored Link— The Shockingly Easy Way To Play The Bitcoin Boom Blockchain technology, bitcoin, ethereum; they’re all in the news right now and prices continue to climb. Millionaires have been made overnight and there’s still time to get in. “Crypto Fever” is upon us and now it’s time to take full advantage. But what is the best and easiest way to capitalize on this craze? Read this special report. If that doesn’t happen, there might be a good reason — just like a house that sits for sale on the market for months and months with barely a nibble. If there’s a yield that high can’t attract buying interest, then Wall Street is sending a message… Read More

Growing up in the decidedly hardscrabble union town of Pittsburgh, Pennsylvania, becoming a millionaire was nothing but fantasy. Not only was there very little information on how to reach the lofty goal, but neither myself nor any of my friends actually knew a real millionaire. It was just something we read about in magazines or saw in movies — nearly everyone had the same economic status in our blue collar neighborhood.  My uncle and grandfather were small-time real estate investors, and they gave me my first exposure to investment markets. But the real turning point for me was being invited… Read More

Growing up in the decidedly hardscrabble union town of Pittsburgh, Pennsylvania, becoming a millionaire was nothing but fantasy. Not only was there very little information on how to reach the lofty goal, but neither myself nor any of my friends actually knew a real millionaire. It was just something we read about in magazines or saw in movies — nearly everyone had the same economic status in our blue collar neighborhood.  My uncle and grandfather were small-time real estate investors, and they gave me my first exposure to investment markets. But the real turning point for me was being invited to a Charles Givens seminar while in high school.  Charles Givens was one of the first traveling motivational speakers focused on how the average person could build wealth. I was impressed seeing him pull up in a Rolls Royce with his staff in tow. After the seminar, I was fortunate to chat with Mr. Givens. I had met an actual millionaire!  Fast-forward several decades and being a millionaire is commonplace. Today, with nearly 11 million millionaires in the United States, some pundits claim that being a millionaire is the new middle class.  #-ad_banner-#The Wall Street rally of the past year… Read More

Consumer and corporate borrowing has rebounded this year, and the economy looks to book its third consecutive quarter over 3% growth for the final three months of the year. That would have shares of financial institutions booming were it not for two factors working against the industry. Shares of banks have underperformed this year on a narrow net interest margin, the difference between long-term and short-term rates, and continued regulatory costs from post-crisis legislation. The SPDR S&P Bank ETF (NYSE: KBE) has returned just 3.3% this year versus a 15% increase in the broader S&P 500 index. Despite increases in… Read More

Consumer and corporate borrowing has rebounded this year, and the economy looks to book its third consecutive quarter over 3% growth for the final three months of the year. That would have shares of financial institutions booming were it not for two factors working against the industry. Shares of banks have underperformed this year on a narrow net interest margin, the difference between long-term and short-term rates, and continued regulatory costs from post-crisis legislation. The SPDR S&P Bank ETF (NYSE: KBE) has returned just 3.3% this year versus a 15% increase in the broader S&P 500 index. Despite increases in the short-term benchmark rate by the Federal Reserve and more on the way, higher rates on the short end of the yield curve haven’t translated to higher long-term rates. Subdued inflation and fears over long-term economic growth have kept the rate on the 10-year Treasury well under 3% all year. That means the net interest spread, the difference between the rate paid by banks on deposits and what they collect on longer-term loans, has held back profits. #-ad_banner-#The other factor holding banks back is high regulatory costs for compliance and capital requirements, especially for banks listed as systemically important financial… Read More

Elon Musk is perhaps one of the greatest marketers of our time. The optimistic showman, with his hand on the pulse of consumers’ desires, knows how to excite investors. He can dance around setbacks and keep most of us sold on his grandiose ideas that may or may not ever come to fruition.  It goes without saying that I have an immense amount of respect for the man. His work ethic and his innovations are unparalleled in modern society. But at the same time, investors can’t continue to ignore the very real problems plaguing Tesla (Nasdaq: TSLA) just because he’s… Read More

Elon Musk is perhaps one of the greatest marketers of our time. The optimistic showman, with his hand on the pulse of consumers’ desires, knows how to excite investors. He can dance around setbacks and keep most of us sold on his grandiose ideas that may or may not ever come to fruition.  It goes without saying that I have an immense amount of respect for the man. His work ethic and his innovations are unparalleled in modern society. But at the same time, investors can’t continue to ignore the very real problems plaguing Tesla (Nasdaq: TSLA) just because he’s the smartest guy in the room.  —Sponsored Link— Tech Breakthrough To Transform The Oil Sector After years of market domination, OPEC finds itself losing the oil war and a breakthrough tech is about to put U.S. oil companies in pole-position. Drillers, Oil Traders And Motorists are buzzing about this blockchain powered innovation. This is how U.S. becomes energy independent… Read the full report now. Tesla’s most recent earnings miss confirmed my doubts about the company’s growth. Weeks ago, while we were having a small debate about Tesla, my uncle explained to… Read More