Reader Mike pointed to an excellent article written a few days ago in Minyanville titled “Don’t believe the hype.” Let’s look at some highlights: Yesterday, for the third time in as many weeks, the US Government sold Treasuries at a yield of zero, as investors sought no interest in exchange for getting their money back in 4 weeks’ time. And …
No Load Fund/ETF Tracker updated through 1/1/2009
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpThe bulls greeted 2009 with a bang, and all major indexes closed higher. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -7.28% thereby confirming the current bear market trend. The international index now remains -17.77% below its own trend line, keeping us on the …
Happy New Year
Many investors and Wall Street professionals alike are glad to see this year come to an end. The markets had their worst showing since 1931 and, unfortunately, many were caught in this downdraft without adequate portfolio protection. That’s simply a nice way of saying that they had no exit strategy and now have to live with the unenviable task of …
2009 Predictions
Many readers have asked as to what might be in store for the markets in 2009. Since I follow trends and don’t make predictions, let’s look at how others view the markets over the next 12 months. The WSJ featured a story titled “Looking Ahead to 2009:”Heading into 2009, expectations for the market run the gamut, and after a year …
An Unrecognizable Recession
Jon Markman wrote an interesting article called “An ugly, unrecognizable recession.” Let’s look at some highlights: Feeling frugal? You’re not alone — not by a long shot — as butchers, bakers and billionaires alike are feeling the credit crisis this month in a way not experienced since at least 1946 or even 1938. It’s not just a temporary wave of …
More On The Income Generation Debacle
Income investors are having a hard time being able to generate enough dividends to support their needs as I wrote in “The Income Debacle” earlier this year. Reader Ernest has those concerns as well, and he has this to say: I have a substantial amount of my portfolio in cash M/M funds. I am stuck in stock funds with about …