Home » August 28th, 2010
August 2010
If our assessment is correct, over the coming years, stocks, precious metals, commodities and real-estate will appreciate in value versus paper currencies. Furthermore, on a relative basis, we expect precious metals and commodities to outperform all other asset-classes. Conversely, we anticipate that cash and fixed income instruments will probably turn out to be the worst assets to own over the next decade. Words: 869
August 28th, 2010 | Posted in Inflation/Deflation | Read More »
Look, if you’re absolutely stuck right now, then you’ve got to do what’s necessary but, in my opinion, you should avoid 401(k) hardship withdrawals at all costs … and think long and hard before you consider borrowing against your future retirement. With so many people nearing retirement already grossly underfunded [such actions are] going to prove catastrophic down the line. Words: 1043
August 26th, 2010 | Posted in Personal Finance,Retirement Planning | Read More »
It would seem these days that, with bonds, CDs and money market funds paying less than the rate of inflation, serious consideration should be given to S&P 500 stocks that high dividend yields. The number are few (17) but when you take into account the dividends paid out relative to earnings, the extent and consistency of dividend growth over the years and trading at a relatively low price to earning ratio the choices only 2 make the cut. Words: 740
August 26th, 2010 | Posted in Investing | Read More »
While the average amateur investor may be excellent in their own career field, it doesn’t mean they know what to invest in, or how to pick stocks. In fact being very good at your field can give you the false sense that whatever stocks you pick or your broker picks for you must be good, because after all, you picked them and you picked your broker — and you’re smart so, no doubt, those stock prices will go up. Unfortunately, the smart and talented stock-picking neophyte is not investing at all but speculating. Words: 924
August 26th, 2010 | Posted in Investing | Read More »
The economic outlook for most major economies has deteriorated rapidly meaning we’ll almost certainly see more shocks in the financial markets. Given the nature of the current economic crisis — one defined by unsustainable debt — history suggests those shocks [could] come in the form of sovereign debt defaults and currency devaluations. This possibility has increased the specter of risk for every region of the world and dampened investment returns for the entire global economy. [What should we do?] Words: 631
August 26th, 2010 | Posted in Investing | Read More »
When you think of Canada, which qualities come to mind: the world’s peacekeeper, the friendly nation, a liberal counterweight to the harsher pieties of its southern neighbour, decent, civilised, fair, well-governed? Think again. This country’s government is now behaving with all the sophistication of a chimpanzee’s tea party. Words: 1377
August 22nd, 2010 | Posted in Oil and Gas | Read More »
In this hostile financial climate, long-term investors must now give more thought than ever to capital preservation and sustainable growth… and Canada’s fortunes will surprise many. Its uniquely bifurcated economy can serve as a bridge from the developed to the developing world – at least for investors wise enough to cross it. Words: 776
August 13th, 2010 | Posted in Economy | Read More »
“Every portfolio should have a 10% core holding of gold and silver as emergency money” was the simple and timeless message in Glen O. Kirsch conveyed 19 years ago in an article entitled: “What’s in Your Core Holdings?” and such a message is even more appropriate today given the unsettling fiscal, economic and investment environment. Words: 692
August 13th, 2010 | Posted in Gold/Silver,Investing | Read More »
The price of oil is headed “unimaginably higher” in the next few years – to somewhere north of $300 a barrel – because of two very simple forces. Words: 708
August 13th, 2010 | Posted in Investing,Oil and Gas | Read More »
There is no reason for investors to be worried about either inflation or deflation in the United States for at least the next few years. Words: 933
August 12th, 2010 | Posted in Economy,Inflation/Deflation | Read More »