Tom Petruno on Muck Rack

Tom Petruno Verified

Los Angeles
Freelance Journalist
As seen in:  LA Times, Tulsa World

I'm a former financial columnist for the Los Angeles Times (1990-2011), now an independent investor, writer and consultant. Love LA -- esp. when it rains.

Investing: Top stocks of the 21st century - Tulsa World: Business — Physics tells us that bodies in motion tend to stay in motion. Likewise, some winning stocks just keep on going. And the ones that have excelled through the early years of the 21st century have withstood two of the worst bear markets in history. Tom Petruno is a freelance contributor to Kiplinger's Personal Finance magazine.

7 Cult Stocks Worth Your Devotion — Thinkstock A longstanding rule on Wall Street is that you should never fall in love with a stock. But with some companies, investors just can't help themselves: Strong belief in the product, the company's mission and the long-term success of the business can create a cult-like aura around a stock, driving the price to nosebleed levels.

Deflation fears rock markets again but consumers see windfall-for now — For the fourth time in 12 years, the world is facing a deflation scare. And as with any good horror movie, no one is sure what lurks in the shadows. Since summer, slowing growth in China and severe weakness in Europe and Japan have deepened fears that the global economy could tip into deflation - a sustained period of falling prices for goods and services.

How key investments could fare if deflation fears worsen — If deflation takes hold, with a sustained decline in prices for goods and services, the rules of the investing game change. A slow-paced deflation similar to Japan's since the late 1990s might not trigger sudden market crashes, but could change the relative appeal of investments.

U.S. bull market rolled on in 2014, but investors got pickier — Investment success in 2014 was mostly about keeping it simple. That may not be a bad way to go in 2015, either. Well-known U.S. blue chip shares handily beat obscure smaller stocks and most foreign markets over the last 12 months. High-quality bonds trounced lower-quality issues. Gold lost 1.6%, falling with most other commodities.

For U.S. stock and bond markets, a year of welcome surprises — The global economy and markets always are good for some major surprises, but 2014 is going down as a year when the best bet was to expect the unexpected. And for the U.S. the shocks this time around were mostly welcome: stock prices way up, interest rates still way down, gasoline the cheapest since 2009 and the domestic economy showing amazing resilience.

How to invest with a social conscience: Some popular options — If you want to invest for the social good - or at least, how some professional money managers define the social good - there are plenty of options. But the No.1 rule of socially responsible investing is the same as for any investing: Do your homework.

Beyond profits: Millennials embrace investing for social good — Once she gets her MBA degree from UC Berkeley in May, Leigh Madeira's dream is to help find funding for young companies devoted to improving the lives of the world's poor. That isn't quite what her family had in mind. When she told her 90-year-old grandfather about her plans, "He gave me this look," she says, laughing.

7 Best Dividend Stocks of the Dow — Prev Next After last year's spectacular stock market rally, many investors have relearned this year that share price gains aren't guaranteed. That should foster a new appreciation for cash dividends-particularly among older investors, who will need rising income in retirement.

Investing Quarterly: Where to invest for growth? — When Internet stock analysts at brokerage Morgan Stanley wrote their 2001 investment outlook in December 2000, they laid out glowing assessments of the future for Yahoo Inc. and rival America Online. There would be "a few huge winners" in the long run among Internet names, and Yahoo and AOL fit the bill, Morgan Stanley said.
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Mar 27, 2015

We already have a winner for worst TV ad of 2015: Cottonelle toilet paper inviting users to go commando ... and waiting while they change.

Mar 27, 2015

Love @jasonzweigwsj line about need to favor low-fee mutual funds as stock returns dwindle: "Treat every nickel like a manhole cover."

Mar 27, 2015

The cold, hard truth: We're almost certainly heading into an era of meager U.S. stock returns. @jasonzweigwsj…

Mar 26, 2015

The shark has been jumped: Struggling McDonald's $MCD launches hamburger-themed clothing line in Sweden.

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