My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpDespite a celebratory rally, caused by the lowest interest rates ever, the major indexes made no noticeable headway this week. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -8.51% thereby confirming the current bear market trend. The international index now remains -21.01% below its …
Who’s Responsible?
Many readers have complained about the poor handling of the credit crisis by the government along with the bailout orgy involving many industries at tax payer’s expense. Who is really at fault for the problems that plague this country? To get closer to the truth, the following was sent in by a reader referencing an article written by Charlie Reese, …
Reaching ZIRP
Even though it might have been the worst kept secret of the year, The Federal Reserve, in an unprecedented move, set its key interest rates at 0% to 0.25%—the lowest level in history. This makes the U.S. the first country to actually implement ZIRP (Zero Interest Rate Policy). Surely, others will follow as the global recession deepens. Like a drunken …
Spam Issues
Technology is wonderful but, unfortunately, not always perfect. After installing a new spam filter, I noticed that most of my messages were automatically moved to the Junk email folder rather than into my Inbox. If you’ve emailed me sometime within the last week and did not get a response, I most likely did not get your email. That would also …
A View On Bailouts
Thanks to reader Cecil for submitting the below video by Fred Thompson, who is talking about the bailout mania. It’s funny and worth listening to:http://patriotroom.com/fred-thompson-at-his-snarkiest-best/What a clever mix of brilliance and sarcasm…
History Repeats Itself
Some mutual funds are being sold as the ultimate answer as to how to invest your future retirement assets. This has been the case with target-date funds, which I first wrote about during the last bear market in 2002 in an article titled “Do Lifestyle Funds Provide Greater Security?” The problem I had with Lifestyle funds then is that they …