Archive for February, 2007
February 6, 2007 - There are a healthy number of analysts that argue against the continued devaluation of the dollar due to China’s enormous position of about U.S. $1 trillion of dollar denominated reserves. The argument being made in very simple terms goes like this: (1) All discussions about the dollar’s demise are false because if China believed that the dollar was going to weaken, why would it hold on to such a huge amount of dollar denominated reserves; and (2) China will continue buying and holding dollars because it makes their exports cheap, and in order to sustain the growth of their economy they must keep their exports cheap compared to American goods.
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February 6th, 2007
Even though the best financial consultant you could ever hire by an extremely wide margin stares back at you every day when you look in a mirror, for those of you absolutely unwilling to learn how to do-it-yourself, here are ten tips to help you find that one financial consultant out of every 1000 that actually is fairly impressive.
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February 4th, 2007
February 2, 2007 - To win in investing, one has to deliver your punch while the markets are “breathing in”. What does this mean? Think about how your lungs operate. When you breathe in, your lungs contract and shrink and when you breathe out, your lungs expand. Just as a martial artist wants to deliver a punch when his or her opponent is breathing in, as an investor, to be successful, you must also deliver your punch when the markets are contracting as well.
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February 2nd, 2007
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