August 30, 2006 – There are no greater flawed investment strategies than those pushed by 99% of investment firms all over the world. This is why most individual investors have no idea what returns they should really expect from their…
Month: August 2006
August 26, 2006 – Are you tired of always hearing that the smartest way to invest money in the stock market is to buy an index fund when you know that other people consistently beat the S&P 500 and other…
August 24, 2006 – The first task of becoming wealthy is to shed yourself of almost all of the beliefs surrounding investing that you’ve been taught. Most people, no matter where they are educated, go through their educational life learning…
August 22, 2006 – Ever wondered if you’d be better off with an independent financial consultant or investing your stocks yourself than with a huge investment firm? To understand the answer to this question you must first be able to…
August 20, 2006 – When I was young and foolish, I used to speculate a lot, sure that my next speculation would pay for my next vacation in Tahiti. And I made some big mistakes with my money ten years…
August 18, 2006 – Mainstream news is the famous bandwagon jumper. It’s not uncommon for headlines such as “Bull markets roar ahead!” to be followed by “Bear markets spell disaster for investors” to be followed by “Emerging markets booming!” to…
August 16, 2006 – When it comes to investing, nothing kills good returns more than nationalism. And nationalism rules at large investment firms. In mid-2006, as you can see from the chart below,the major U.S. stock market index, the S&P…
August 14, 2006 – Unless your name is Warren Buffet, the days of buy and hold are over. Actually even if your name is Warren Buffet, the days of buy and hold are over. At least they are for the…
August 14, 2006 – “The central bank is an institution of the most deadly hostility existing against the principles and form of our constitution. I am an enemy to all banks discounting bills or notes for anything but coin. If…
August 12, 2006 – In June, 2006, www.marketwatch.com (an online financial news service) reported that global investment firms Bear Stearns, Goldman Sachs, Lehman Brothers, Morgan Stanley and Merrill Lynch all declared double digit profit increases in the second quarter of…