Archive
Dec 16, 2008
These Assets Havent's Been This Cheap Since 1932
By Andrew Mickey, Q1 Publishing
“Stocks are pricing in a recession, and bonds are priced for a depression.”
That’s what Bill Gross, Managing Director of PIMCO and the world’s “Bond King,” has been telling anyone who would listen for months now.
Stocks are cheap, but bonds are at irresistibly cheap levels. If you’re looking to buy low, sell high and collect 9% or 10% interest in between, corporate bonds are definitely worth a look right now.
The past year has been painful. Two million jobs have been lost, trillions of dollars in paper wealth has evaporated, the U.S. dollar is just off multi-year highs (showing its first signs of cracking though), and hurting exports…I could go on and on...
Dec 13, 2008
Will 2009 Be Even Scarier
By Andrew Mickey, Q1 Publishing
Great Depression II…15% drop in home prices…Food riots…9% unemployment…Another 50% drop in the Dow…
My how the world has changed?
A year ago, the bulls were off and running. Many were buying on the dip. Commodity prices were soaring. Farmers were making a killing. Emerging markets consumers couldn’t get enough of anything.
It seemed like the boom would never end. Any talk of a full scale global depression or 50% decline in the Dow would have been laughed off. This year, it’s a totally different story. The bears are out in force and the leading opinion-makers in the investment community couldn’t be more...
Great Depression II…15% drop in home prices…Food riots…9% unemployment…Another 50% drop in the Dow…
My how the world has changed?
A year ago, the bulls were off and running. Many were buying on the dip. Commodity prices were soaring. Farmers were making a killing. Emerging markets consumers couldn’t get enough of anything.
It seemed like the boom would never end. Any talk of a full scale global depression or 50% decline in the Dow would have been laughed off. This year, it’s a totally different story. The bears are out in force and the leading opinion-makers in the investment community couldn’t be more...
Dec 10, 2008
When Rewards Outweigh Risks
By Andrew Mickey, Q1 Publishing
Risk has quickly regained its status as a four-letter word. No wants to hear about, no one wants to think about it, but those willing to take it on (pragmatically, mind you) will likely earn greater rewards than they would have at any other point in the past twenty years.
Right now, everyone is absolutely afraid of risk. Yesterday, the bond market went upside-down again. Investors were buying up the “safest” assets in the world as fast as they could. At one point in the day, T-bills were yielding less than zero...
Risk has quickly regained its status as a four-letter word. No wants to hear about, no one wants to think about it, but those willing to take it on (pragmatically, mind you) will likely earn greater rewards than they would have at any other point in the past twenty years.
Right now, everyone is absolutely afraid of risk. Yesterday, the bond market went upside-down again. Investors were buying up the “safest” assets in the world as fast as they could. At one point in the day, T-bills were yielding less than zero...
Dec 09, 2008
History Shows It's Time to Buy
By Andrew Mickey, Q1 Publishing
The market can be frustrating. Just a few weeks ago it looked like the markets were about to reach lows we haven’t seen since the early 90’s.
The commodity bubble was bursting, hedge funds were imploding, and it seemed like the selling would never stop. To add fuel to the fire, unemployment was getting worse, consumers started saving again (seemingly all at the same time, which isn’t very helpful), and practically every week another bank failed.
It was disastrous. The government was handing out cash to banks and guaranteeing private companies’ commercial paper while putting trillions of dollars it doesn’t have at risk. It seemed like a depression wasn’t out of the question. But all that’s starting to change...
The market can be frustrating. Just a few weeks ago it looked like the markets were about to reach lows we haven’t seen since the early 90’s.
The commodity bubble was bursting, hedge funds were imploding, and it seemed like the selling would never stop. To add fuel to the fire, unemployment was getting worse, consumers started saving again (seemingly all at the same time, which isn’t very helpful), and practically every week another bank failed.
It was disastrous. The government was handing out cash to banks and guaranteeing private companies’ commercial paper while putting trillions of dollars it doesn’t have at risk. It seemed like a depression wasn’t out of the question. But all that’s starting to change...
Dec 06, 2008
How to Buy Gold Stocks for Free
By Andrew Mickey, Q1 Publishing
Managing your own investments can be either one of the most rewarding or the most frustrating experiences you’ll ever have.
Investing successfully is like becoming successful at most everything else. It takes a good bit of time and a willingness to learn. It takes a good bit of humility…if not, you’re going to learn a bit of humility. Basically, it’s not easy.
Over time though, achieving financial independence in exchange for riding out the ups and downs, buying when no one else is willing to, and taking the time and exercising patience is truly worth it...
Managing your own investments can be either one of the most rewarding or the most frustrating experiences you’ll ever have.
Investing successfully is like becoming successful at most everything else. It takes a good bit of time and a willingness to learn. It takes a good bit of humility…if not, you’re going to learn a bit of humility. Basically, it’s not easy.
Over time though, achieving financial independence in exchange for riding out the ups and downs, buying when no one else is willing to, and taking the time and exercising patience is truly worth it...
