This is not headline news, but the stock market is so bad that VP Cheney has invited his stock broker for a hunting trip… While that can’t really be verified, there’s probably some truth to the fact that many investors feel that way. Below are some words of wisdom and insights from Al Thomas, author of the book “If It …
Sunday Musings: Curing America’s Financial Ills
One of my favorite authors, Robert Ringer, had these thoughts in regards to solving the financial crisis featured in an article called “The Great Bailout Stall: Now that the Demopublicans and their media friends have, through the magic of doublespeak, transformed the massive and fraudulent bailout bill into a heroic “economic rescue plan,” most Americans can refocus their couch-potato efforts …
Know Your CD
Given the uncertainties in the market place, many readers have emailed me asking what I thought of temporarily investing in CDs until the storm blows over. MarketWatch had some good advice about avoiding the various pitfalls in an article titled “Know Your CD.” Here are some highlights, but be sure to read the entire piece and follow the listed links …
No Load Fund/ETF Tracker updated through 10/16/2008
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpGreat rebounds and jaw dropping losses kept the major indexes in the green for the first time in many weeks. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -16.15% thereby confirming the current bear market trend. The international index now remains -24.74% below its …
Reality Check
After Monday’s euphoric reaction, realization started to set back in on Wednesday that a painful recession is underway. Most gains were wiped out again and the major indexes got hammered. Below is a video clip with Peter Schiff, who was one of the few who saw the handwriting of the real estate/credit crisis on the wall, when most were still …
Made It…
The usual jet lag is still my constant companion as I finally made it over to Europe, or more specifically Hamburg, Germany. The picture is of the Port of Hamburg (800 years old), which is a seaport and deep water harbor off the North Sea, on the river Elbe in Hamburg, Germany. It is named Germany’s “Gateway to the World” …