Archive
Jan 16, 2009
Prospects for an Oil Recovery
Andrew Mickey, Q1 Publishing
Last Sunday 60 Minutes posed the question, Did speculation fuel oil price swings?
The news show’s investigative team naturally delved into the personal story of how a small-town heating oil company can’t predict the oil prices. Although I’m sure they left out his solution of charging a very high premium to his customers to ensure he doesn’t get left holding the bag.
And, of course, it included the hapless government regulator whose hands were tied because of lobbying efforts. Even Enron was brought up as a scapegoat (hint: if anything ever goes wrong in the energy markets, no one is going to stand up and defend Enron).
So the answer they arrived at was...
Last Sunday 60 Minutes posed the question, Did speculation fuel oil price swings?
The news show’s investigative team naturally delved into the personal story of how a small-town heating oil company can’t predict the oil prices. Although I’m sure they left out his solution of charging a very high premium to his customers to ensure he doesn’t get left holding the bag.
And, of course, it included the hapless government regulator whose hands were tied because of lobbying efforts. Even Enron was brought up as a scapegoat (hint: if anything ever goes wrong in the energy markets, no one is going to stand up and defend Enron).
So the answer they arrived at was...
Jan 15, 2009
Kicking Off the Panic of 2009
Andrew Mickey, Q1 Publishing
Sir, there are no seats left. You’re going to have to stand in the back.
I was only 10 minutes late, but the conference hall was packed. Every seat was taken. The walls were lined with people.
At that point, I knew without a doubt, there was a lot more downside left in real estate.
Reincarnation of Tom Vu
Last week, I went to one of those Invest in real estate: become a millionaire type of seminars.
You know the ones. They show you all the tricks to making big money, the easy way.
It was like witnessing the meteoric rise (and inevitable fall) of Tom Vu all over again...
Sir, there are no seats left. You’re going to have to stand in the back.
I was only 10 minutes late, but the conference hall was packed. Every seat was taken. The walls were lined with people.
At that point, I knew without a doubt, there was a lot more downside left in real estate.
Reincarnation of Tom Vu
Last week, I went to one of those Invest in real estate: become a millionaire type of seminars.
You know the ones. They show you all the tricks to making big money, the easy way.
It was like witnessing the meteoric rise (and inevitable fall) of Tom Vu all over again...
Jan 13, 2009
Good Things Come to Those Who “Weight”
Andrew Mickey, Q1 Publishing
There’s nothing like a bubble to make the markets really exciting. You can make a lot of money in bubbles…if you get out in time (emphasis on the if).
It’s not very easy though.
It’s easy to get caught up in the euphoria of a peak. It’s easy to miss all the warning signs. It’s easy to give back all your gains at the end of it all.
There is a way, however to tell when a bubble is forming, which sector it’s forming in, and when it will soon be time to get out. Today we’ll take a quick look at how they form, where the next bubble is forming (The end of the bubble era, as many predict, is not dead – a topic for a different day though), and one screaming indicator the end is nearing and to get prepared...
There’s nothing like a bubble to make the markets really exciting. You can make a lot of money in bubbles…if you get out in time (emphasis on the if).
It’s not very easy though.
It’s easy to get caught up in the euphoria of a peak. It’s easy to miss all the warning signs. It’s easy to give back all your gains at the end of it all.
There is a way, however to tell when a bubble is forming, which sector it’s forming in, and when it will soon be time to get out. Today we’ll take a quick look at how they form, where the next bubble is forming (The end of the bubble era, as many predict, is not dead – a topic for a different day though), and one screaming indicator the end is nearing and to get prepared...
Jan 11, 2009
Prosperity Dispatch: Reader's Q&A
Andrew Mickey, Q1 Publishing
We’ve delved into all kinds of different subjects in the Prosperity Dispatch. We have turned over a lot of stones to find the opportunities and avoid the real disasters.
It hasn’t all been a one-sided conversation though. Many of you have sent in responses to articles, including questions, comments and critiques. If you’re wondering why you haven’t received a detailed response, let me explain.
Technically, I am precluded from giving away personalized financial advice for many reasons. But I can address each response that I receive. So, I will be publishing Q&A sessions like this every now and then. So feel free to drop us a note with a question or comment. You can send it to...
We’ve delved into all kinds of different subjects in the Prosperity Dispatch. We have turned over a lot of stones to find the opportunities and avoid the real disasters.
It hasn’t all been a one-sided conversation though. Many of you have sent in responses to articles, including questions, comments and critiques. If you’re wondering why you haven’t received a detailed response, let me explain.
Technically, I am precluded from giving away personalized financial advice for many reasons. But I can address each response that I receive. So, I will be publishing Q&A sessions like this every now and then. So feel free to drop us a note with a question or comment. You can send it to...
Jan 09, 2009
Gold, Viagra, and Emerging Markets: Harry S. Dent on 2009 and Beyond (Part II)
Andrew Mickey, Q1 Publishing
This level of stimulus is at the point that it’s like taking a bottle of Viagra and nothing happens - Harry S. Dent
We’ve entered an unprecedented period of uncertainty. The markets have collapsed and $30 trillion of stock market wealth has evaporated.
The future could be filled with even more. There are a lot of unanswered questions.
Real estate, gold, stocks...what’s a safe haven? Is this a correction which will get sorted out soon or will it take much longer? Any life in China and India? Inflation or deflation? Is this the end of the financial world as we know it?
Q1 Publishing’s Andrew Mickey recently sat down with Harry S. Dent of the HS Dent Foundation to discuss some of these all important big picture questions...
This level of stimulus is at the point that it’s like taking a bottle of Viagra and nothing happens - Harry S. Dent
We’ve entered an unprecedented period of uncertainty. The markets have collapsed and $30 trillion of stock market wealth has evaporated.
The future could be filled with even more. There are a lot of unanswered questions.
Real estate, gold, stocks...what’s a safe haven? Is this a correction which will get sorted out soon or will it take much longer? Any life in China and India? Inflation or deflation? Is this the end of the financial world as we know it?
Q1 Publishing’s Andrew Mickey recently sat down with Harry S. Dent of the HS Dent Foundation to discuss some of these all important big picture questions...
