06
Oct
2008
My friends, these are the times that try men’s souls. I believe we are starting “the race” to the bottom (or not).
“We’re seeing panic all over the markets right now,” said Javier Barrio, head of equity sales for Spanish clients at Banco BPI SA in Madrid. “Governments are taking steps to try to reduce investors’ [...]
03
Oct
2008
I know this was so last week but CitiGroup is buying Wachovia’s banking business. Whether or not its a smart move remains to be seen but things *might* be turning around for this bad boy. Any glimmer of hope is welcome news to long term shareholders, like myself. What’ll make me feel really good is [...]
30
Sep
2008
Here’s yesterday’s volatility spike. This could very well be the bottom, I hope! My S&P500 market timing model made a 4 STDEV move yesterday and issued the strongest BUY signal yet.
I’m very cautious these days because I’ve been averaging down and losing money. This is an extremely stupid way of investing in the short [...]
15
Jul
2008
Exchange Traded Funds (ETFs) come in so many flavors these days that it’s hard to keep track of them all. I really like them because it gives the average investor exposure to different asset classes such as currencies, commodities, and emerging markets. The beauty of ETF’s is that you can usually buy them for your [...]
12
Jun
2008
Say what you want about Robert Kiyosaki, the author of Rich Dad, Poor Dad, but he’s a smart man. I could help but laugh when I read this line from an interview with The Street.com (emphasis mine):
“I haven’t been this bullish in years,” says Kiyosaki. “What a buying opportunity. … The stock market goes [...]
11
Jun
2008
Grading My Portfolio Risk
Posted by Tom as 401K
Reader sc suggested I check out the American Association of Individual Investors and poke through their portfolio scans and risk analysis. In the end I signed up as a member of AAII and Riskgrades to help analyze my portfolio risk for my 401k and IRA holdings.
Overall I really like Riskgrades! My initial analysis [...]
09
Jun
2008
I left work late on Friday because I got distracted running Monte Carlo simulations on our 401k accounts. I’m on a quest to refine my retirement plan of achieving Financial Critical Mass, something I heard about from Bob Brinker many years ago.
Financial Critical Mass is defined as the capital you need in your retirement [...]
