Archive for September, 2006

Why do people believe one of the dumbest, most flawed and deceptive measures of economic conditions in making their investment decisions?

Saturday, September 16th, 2006

September 16, 2006 – People continually employ flawed and deceptive statistics when making their investment decisions. In the short term, the performance of the U.S. stock market has enormous influence on all other major stock markets. One of the most closely watched indexes to gauge U.S. economic conditions is the Consumer Price Index (CPI), which [...]

Alternative Energy: the Time for This Investment has Not Yet Arrived

Friday, September 15th, 2006

September 15, 2006 – Although you hear a lot about alternative energy being a good investment today, I think that it’s still a lot more hype than reality. Yes I’ve heard the arguments for alternative energy investments such as high oil prices now make the development of alternative energy sources more appealing on a cost-benefit [...]

More on this topic (What's this?) Read more on Renewable Energy at Wikinvest

A Short-Term Trade

Thursday, September 14th, 2006

September 14, 2006 This is the first time I have ever provided information on short-term trades because they are just too unpredictable and they take too much emotional effort to invest in. There are a lot of longer (not long but longer) term investments that can pay off quite handsomely so that’s what we normally [...]

Sell the Rumor. Buy the News.

Wednesday, September 13th, 2006

September 13, 2006 – I recently blogged about gold’s sharp decline but wanted to follow up with another blog so people don’t get my message twisted. I am still very confident that after this correction ends that gold will go much much higher. In addition, in my newsletter when I wrote that I had predicted [...]

More on this topic (What's this?)
The Case for Higher Gold Prices
Gold: The Bargain of a Lifetime
Read more on Gold at Wikinvest

Why Book Smarts Won’t Help You Build Wealth

Wednesday, September 13th, 2006

September 13, 2006 – Everybody always thinks that smart people make money. But that’s far from the truth because smart people often lack the proper kind of intelligence. Probably less than 1/10th of 1% in the world have the book smarts to become a nuclear physicist but every year, the CEO of Goldman Sachs will [...]

The SmartKnowledgeU Movie List

Tuesday, September 12th, 2006

September 12, 2006 – Today, I’m taking a brief respite from my daily financial blubbering to just write a movie list, with the common theme that all of these movies dig down the rabbit hole. So these are not necessarily what I feel are the best movies of all time but the best movies that [...]

A: Bangalore, Tokyo, Barcelona, Paris, Droichead Nua, Amsterdam, & Toronto

Tuesday, September 12th, 2006

Q: Who’s Reading My Blog? Hello everyone. I know my blog is still in its prenatal phases. In fact, our final blog website design hasn’t even been consummated. But Google Analytics is a great service that lets me know where the majority of my readers live. I thought I was fairly knowledgeable about world geography [...]

More on this topic (What's this?)
EU – Ireland falling back into recession
Ireland to Vote in Support of European Fiscal Treaty
ECB Threatens Ireland with Bomb Terror, Ignores Journalist's Questions
Read more on Investing in Ireland at Wikinvest

Little Truth to “Official” Government Economic Statistics

Monday, September 11th, 2006

September 11, 2006 – On July 25th, in my E-Zine Issue #013, I mentioned that I thought the U.S. dollar was going to strengthen and that gold was going to fall. Since then the dollar has rallied for six straight weeks and reached six-week highs on August 8th against most major world currencies, recouping all [...]

Gold’s Speculative Stigma is Unwarranted

Monday, September 11th, 2006

September 11, 2006 – Gold has a non-deserved reputation as a speculative investment. True it is highly volatile and will most likely be even more volatile now that Gold ETFs are open to hedge funds. However volatile is not to be confused with speculative. They are not the same. In fact it is volatility that [...]

More on this topic (What's this?)
The Case for Higher Gold Prices
Gold: The Bargain of a Lifetime
Read more on Gold at Wikinvest

Investment Psychology 101

Sunday, September 10th, 2006

September 10, 2006 – Everyone who has ever watched an episode of CSI (Crime Scene Investigation) knows that in order to solve crimes, crime scene investigators must determine a suspect’s motive. Likewise, a key determinant in tracking a serial killer is the psychological profile drawn up by FBI agents. Investment firms are well known for [...]

The Peak Investment Crisis

Saturday, September 9th, 2006

September 9, 2006 – We are on the brink of a major global economic crisis that I have named the Peak Investment Crisis. The Peak Investment Crisis could dwarf the pullbacks that caused a 10% decline in the London FTSE, a 35% decline in the Indian markets, a 30% decline in the Brazilian markets, and [...]

Go Against the Crowd – It’s the Only Way to Build Wealth

Monday, September 4th, 2006

September 4, 2006 – If you ask thirty of your friends that invest in the stock market what their average returns have been for the last decade, chances are that their returns are all within a same range of returns give or take 5%. However perhaps one will stand out of the crowd, averaging 15%, [...]

More on this topic (What's this?)
Why Stock Picking Will NEVER Make You Rich
Three Ways to Defend Your Wealth
How Wealth Reduces Compassion
Read more on Wealth at Wikinvest

Gold’s Glitter is Genuine

Sunday, September 3rd, 2006

September 3, 2006 – In 2006, we stand at a vital crossroads in investing. After more than a two decade long bear market in a particular asset, we believe that we are poised to see one of the greatest bull runs of this asset of our lifetimes – a once in a lifetime opportunity to [...]

More on this topic (What's this?)
The Case for Higher Gold Prices
Gold: The Bargain of a Lifetime
Read more on Gold at Wikinvest