Somewhat of a renaissance man, Steve worked as a professional broker and has been an active trader of bonds for more than two decades, specializing in ultra-short-maturity corporate bonds. But before entering the investment industry, Steve was a naval aviator, flying fixed-and rotary-winged aircrafts, and also served as a surface warfare officer. Steve’s regular video series featured on Wealthy Retirement called “Slap in the Face” Award is some the most amusing investment content we republish.
Articles by Steve McDonald
Getting the Market Right: Andy Snyder on Investing in What You Know
January 14, 2018
Today on Getting the Market Right, Manward Press founder Andy Snyder reveals the power of investing in what you know, or buying stocks in familiar industries.
Getting the Market Right: Marc Lichtenfeld Explains PDUFA Dates
November 30, 2017
Today on Getting the Market Right, Marc Lichtenfeld explains the Prescription Drug User Fee Act (PDUFA) and the importance of PDUFA dates in biotech investing.
Risk: Your One Guarantee in Retirement
June 17, 2015
The “Slap In The Face” Award: Another Reason to Hate Socialism
December 14, 2014
In Praise of So-Called “Junk” Bonds
February 5, 2014
It’s time to set the record straight about bonds, specifically high-yield bonds. Since the bad ol’ days in the 1980s, when Michael Milken and his cronies at DLJ ruined the reputation of high-yield bonds – that’s where the term “junk bonds” came from – they have been the whipping boy of the industry.
Low Prices in Natural Resources
February 2, 2014
How to Get Higher Rates on Safer Bonds
December 3, 2013
The bond market is a difficult place to earn a livable income during times of very low interest rates. The only way to earn a decent yield is to take risks on lower-quality bonds or to accept much longer maturity curves than good sense dictates.
It’s Not Gambling if You Know You’re Going to Win
October 25, 2013
- Macau Is Rolling in Money
- Playing the Booming Senior Housing Market
- The "Slap in the Face" Award: Kiss It Goodbye