I would classify my approach to investing (and managing other’s investments) as a value investor. I’m always looking to cycle out of overvalued investments and into undervalued ones, in terms of my expectations of the economy and markets moving forward. If I can’t find decent value, contrary to most professionals in the financial industry, I…
Currency Wars Are Brewin’…
We may be on the verge of some serious currency wars! I guess this is what happens when you have fiat monetary systems that are easily controlled and manipulated by central banks. Heaven forbid we allow markets to work out freely. That would take too long and wouldn’t look good for the politicians. Let’s walk…
Energy
There was a great article on Bloomberg today (click here to read it) talking about the current Panama Canal expansion project. Yet another positive sign for the US energy industry. I really think this is going to be one of the biggest investment stories of this decade, not to mention hugely positive for the US…
Market Update & Healthcare
There’s a lot of momentum behind stocks right now. Companies continue to beat on earnings but it’s all from operating leverage and this can’t last forever. New sectors, like Transportation, Materials, and Energy, have kicked in and taken the lead. This should carry us higher for a few weeks in the form of a slow…
Apple
Apple is off 10% this morning after disappointing quarterly earnings and revenue guidance (so the “experts” say). Personally, I didn’t think the quarter was that bad. It appears that the fundamentals have been thrown out the window at this point and the stock is getting hammered until all weak-handed investors cough up their shares. Here…
Roth 401(k), anyone?
Earlier this week, I learned of another useful piece within The American Taxpayer Relief Act of 2012 – AKA the bill that averted the fiscal cliff. Congress has now made it easier to convert funds within your company 401(k) plan from Traditional to Roth status. Prior, only participants with access to the funds penalty…
What’s Going on with Gold?
Is the bull market in gold over? I’ll just jump right out and say no, I don’t think so. At this point, gold is basically just another currency. As long as countries feel it’s necessary to print boatloads of money every month, gold should continue to rise. In this video, I discuss why I think…
Follow the Money
One of the most overlooked factors of successful investing is to follow the flow of money. A general rule of thumb is that you always want your investments denominated in currencies that are appreciating. If you don’t pay attention, investment gains can be negated by currency losses. With nearly every country in a race to…