November 14, 2006 - Last week, in the U.S. Mid-Term elections, the Democrats won a stunning sweep of both houses of Congress, throwing the U.S. government into what many term as “gridlock” for the next two years as a Republican President will fight a Democratic Congress. But what does this sweeping change mean in terms … Continue reading The Democrats Emphatic Win Last Week Doesn’t Mean Much in the Short Term and I’ll Tell You Why
November 14, 2006 - Just a few hours after I posted my blog entry on J-REITs this morning, this article appeared on the newswires. “HONG KONG (MarketWatch) -- Japan's gross domestic product expanded 0.5% in price-adjusted terms in the three-month period ending in September from the previous quarter, or at an annualized rate of 2%, … Continue reading Japan’s Economy Surprises Today
November 13, 2006 - When an asset class has been downtrodden for a long period of time, I tend to look at it and assess whether conditions have changed that now favor an awakening from long periods of hibernation. Japanese REITs, or J-REITs as they are better known, may just be one of those opportunities, … Continue reading Consider the Good & the Ugly but Avoid the Bad
November 12, 2006 - To determine if the person managing your $1,000,000 account is truly the expert you believe him or her to be, pick up the phone tomorrow and do this simple experiment. Do not give your financial consultant any advance notice to prepare any answers, but call him (or her) up and ask … Continue reading The Greatest Investment Myth Exposed: Why Modern Portfolio Theory Will NEVER Make You Rich
Q: How to Take an Old Idea and Recylce it? Time again for the casual Friday entry. Several weeks ago, for my casual Friday blog entry, I wrote about a photographer that started a project where he was attempting to photograph a child from all 194 countries in the world without leaving New York City. … Continue reading A: 42 Countries and Counting
November 8, 2006 - Here in my blog and in my newsletter, I have mentioned Sothebys (NYSE:BID) as a favorite of mine a couple of times. Yesterday I sold out of BID for a 33% gain after holding it for about five months. There are a couple of important lessons to take away from my … Continue reading What is One of the Core Fundamentals of Building Wealth?
November 6, 2006 - No, you aren’t having dÃ©jÃ vu. It’s the topic that just keeps producing good investment opportunities. From natural gas and oil reserves, to diamonds and gold and uranium mineral resources, now this — the first new shipping corridor from Asia to Europe in over 100 years that will also drastically reduce … Continue reading A Story with Phenomenal Investment Appeal
November 8, 2006 - Here's something that I learned today about the peak oil theory that I didn't know that seals my skepticism about its validity. The theory of Peak Oil was invented by Marion King Hubbert in 1956. Who did Marion King Hubbert work for? You guessed it. Shell Oil. Again, there is believed … Continue reading The Peak Oil Theory was Created by….You Guessed it… Big Oil!
November 7, 2006 - I have never believed that Peak Oil was real despite the plethora of experts that claim its legitimacy. In life, the majority of people will believe something as long as enough talking heads repeat the same thing and enough newspapers proclaim it as “fact” or “inevitable”. In fact, you can find … Continue reading The Myth of Peak Oil is Melting Away….Literally
November 6, 2006 Yes, I know that I’ve been silent about gold’s bottom but that’s because I don’t think we’ve reached it yet. I’ve merely just been very patiently waiting for the consolidation phase to run its course, but that doesn’t mean I haven’t been taking some strategic actions. So I’ll break my silence to … Continue reading Sometimes Silence is Golden