Archive
Feb 24, 2009
5 Signs the Economy is Recovering
By Andrew Mickey, Q1 Publishing
What a relief. The markets are up. We’re all saved. It’s time to spend again. Borrow away. The panic’s over. A recovery is coming in 2010. We’re home free, right?
If you listened to Fed Chairman Bernanke today that’s what we would be led to believe. He said there is a reasonable prospect the recession will end this year.
Now, I know we have too many houses in overbuilt suburbs that nobody wants at these prices. And the auto industry is sucking down billions of cash each month. Housing prices are still falling. It goes on and on. But the government has it all solved.
The credit bubble boom has burst. The government cried panic and scared people for long enough. They got their stimulus bill passed. Now it’s time to think positively...
What a relief. The markets are up. We’re all saved. It’s time to spend again. Borrow away. The panic’s over. A recovery is coming in 2010. We’re home free, right?
If you listened to Fed Chairman Bernanke today that’s what we would be led to believe. He said there is a reasonable prospect the recession will end this year.
Now, I know we have too many houses in overbuilt suburbs that nobody wants at these prices. And the auto industry is sucking down billions of cash each month. Housing prices are still falling. It goes on and on. But the government has it all solved.
The credit bubble boom has burst. The government cried panic and scared people for long enough. They got their stimulus bill passed. Now it’s time to think positively...
Feb 22, 2009
A Prescription for an Ailing Portfolio
Andrew Mickey, Q1 Publishing
In 1998 a 29-year old American received some of the worst news imaginable. He contracted the human immunodeficiency virus, HIV. It was a de facto death sentence.
Even the most optimistic person would have trouble looking on the bright side. Sure there were numerous advances in HIV treatment. People were living longer and longer with HIV. In 1998 it was common for people infected with HIV to live 10 years or more with the virus. And advances were being made consistently as billions of research dollars were going in to fighting HIV.
Had he contracted the virus a decade earlier in the 80's, there would have been little or no hope...
In 1998 a 29-year old American received some of the worst news imaginable. He contracted the human immunodeficiency virus, HIV. It was a de facto death sentence.
Even the most optimistic person would have trouble looking on the bright side. Sure there were numerous advances in HIV treatment. People were living longer and longer with HIV. In 1998 it was common for people infected with HIV to live 10 years or more with the virus. And advances were being made consistently as billions of research dollars were going in to fighting HIV.
Had he contracted the virus a decade earlier in the 80's, there would have been little or no hope...
Feb 21, 2009
David Dreman: Exclusive Interview with the Dean of Contrarian Investing (Part I)
By Andrew Mickey, Q1 Publishing
Investors repeatedly jump ship on a good strategy just because it hasn’t worked so well lately, and, almost invariably, abandon it at precisely the wrong time.
That’s what David Dreman wrote back in 1980. At the time, the S&P 500 was sitting around 100 and the Dow was trading around 900 and had plenty of volatile swings. But it pretty much went nowhere for more than a decade.
Practically no one was interested in buying stocks back then. That is, of course, except for Dreman.
In 1980, he literally wrote the book on contrarian investing – Contrarian Investment Strategy: The Psychology of Stock-Market Success - in which he recommended buying stocks.
In an exclusive interview with Q1 Publishing Here is what he has to say about what is going on now.
Investors repeatedly jump ship on a good strategy just because it hasn’t worked so well lately, and, almost invariably, abandon it at precisely the wrong time.
That’s what David Dreman wrote back in 1980. At the time, the S&P 500 was sitting around 100 and the Dow was trading around 900 and had plenty of volatile swings. But it pretty much went nowhere for more than a decade.
Practically no one was interested in buying stocks back then. That is, of course, except for Dreman.
In 1980, he literally wrote the book on contrarian investing – Contrarian Investment Strategy: The Psychology of Stock-Market Success - in which he recommended buying stocks.
In an exclusive interview with Q1 Publishing Here is what he has to say about what is going on now.
Feb 21, 2009
David Dreman: Exclusive Interview with the Dean of Contrarian Investing (Part II)
By Andrew Mickey, Q1 Publishing
In Part II of Andrew Mickeys exclusive interview with David Dreman, the two explore the current crisis and look at a what could be a few good ideas now.
Here you will learn:
- The one investment Dreman is buying, yet 99% of the world would consider “crazy”
- The sector which should be good for a “double or triple”
- Why you should be using “Shotgun” style investing now more than ever
In Part II of Andrew Mickeys exclusive interview with David Dreman, the two explore the current crisis and look at a what could be a few good ideas now.
Here you will learn:
- The one investment Dreman is buying, yet 99% of the world would consider “crazy”
- The sector which should be good for a “double or triple”
- Why you should be using “Shotgun” style investing now more than ever
Feb 19, 2009
To The Savers Go the Spoils
By Andrew Mickey, Q1 Publishing
Looking back, the signs of a market tops and bottoms are so obvious. Hindsight is 20/20 and all that. When you’re in the middle of it all though, it’s not nearly as easy to see.
During the peak over the past couple of years a lot of records were made.
For instance, CEOs booking eight and nine figure paydays. The average bonus at Goldman Sachs passing $600,000. Thousands of part-time real estate flippers getting rich a bit too easily.
There were lots of them.
But a lot of that money was spent – err – squandered. It wasn’t saved. The smart money was saving. In fact, many of the world’s greatest investors were gladly selling out to the herd when things were getting a bit too crazy. Others were just waiting everyone out...
Looking back, the signs of a market tops and bottoms are so obvious. Hindsight is 20/20 and all that. When you’re in the middle of it all though, it’s not nearly as easy to see.
During the peak over the past couple of years a lot of records were made.
For instance, CEOs booking eight and nine figure paydays. The average bonus at Goldman Sachs passing $600,000. Thousands of part-time real estate flippers getting rich a bit too easily.
There were lots of them.
But a lot of that money was spent – err – squandered. It wasn’t saved. The smart money was saving. In fact, many of the world’s greatest investors were gladly selling out to the herd when things were getting a bit too crazy. Others were just waiting everyone out...
