While there are not many mutual funds suitable to buy and hold forever, some do better than others depending, of course, on the current economic environment. Earlier in the year, we started to diversify into Swiss Francs and gold as the dollar continued its descent to new lows. Since many clients have several accounts with me, and some being of …
Is Latin America Still A Buy?
I have always maintained that country ETFs are a leveraged play on the United States. In other worlds, when the big dog goes down, so will most of the rest of the world. One reader had this to say: Would like to have your thoughts on ILF. Though your trend tracker indicates being out of the market for international ETFs, …
Sunday Musings: The Dazzling World Of Derivatives
I am sure that you have read various references online and in other news media where derivatives have been referred to as financial WMDs (Weapons of Mass Destruction). I think the term was originally coined by none other than Warren Buffett. To find out more about it, and to get some inside scoop as to the goings on in that …
How Much Is Enough?
I’ve received a lot of reader comments and questions during these uncertain times with one reader asking: “Can you not post more frequently during these turbulent times giving your views on what the market is doing and where it is headed?” Because you ask that question, I believe that there a few things wrong with your approach to investing. I …
No Load Fund/ETF Tracker updated through 7/17/2008
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpThe bulls found reasons to rally this week aided by lower oil prices and financial news that was not as bad as expected. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -3.43% thereby confirming the current bear market trend. The international index dropped as …
Domestic Drop vs. International Cliff Diving
As a regular reader, you will undoubtedly have noticed that our international Trend Tracking Index (TTI) dove off the cliff after our Sell signal back on 11/13/07, while the domestic TTI tried to stay above water before finally succumbing to bearish forces. If you are not familiar with the charts, you may reference section 1 and 5 of the latest …