SubscribeHoliday Freebies
December 23, 2008
For those of you that may find yourself with some free time this holiday season (yeah right), consider signing up for a free trial of INO TV.
You’ll be able to view online seminars given by the likes of Larry Williams, John Murphy, Robin Dayne and many more. If you decide to sign up for a year, it only costs $100 and offers you full access to their library filled with hundreds of hours of investment seminars to choose from. Click the banner below to try it out.
Let me know what you think…
MoneyShow Book Review: TDI !!
December 22, 2008
Here is a great review of The Disciplined Investor by Nancy Zambell of the MoneyShow.
Just in time for the holidays, beginning investors would not be amiss to ask that their Christmas stocking be stuffed with this primer by investment advisor Horowitz.
This book includes the foundations of any solid investment plan, headlined by—as the title says—a disciplined strategy. As Horowitz surmises, during this time of reduced spending by retiring baby boomers, an infinite-seeming housing slump, and saturation of previous high-flying technology products, the investor would be best-served with a back-to-basics approach to a simple, but evolving investment process.
Horowitz’ advice includes something that every investor should know, but many don’t practice, and that is committing your goals to paper in order to identify just what type of investor you are. From there, you will then need to focus on the fundamentals of learning how to invest, which includes a very detailed section on stock selection, including how to work with screening tools available on the Internet.
See the entire review HERE
Pick up a copy from Amazon (it’s under $14…not much to risk)
Video: Mutual Fund Companies are in Trouble
December 22, 2008
From the Money Show discusses the recent poor performance of some of the best known mutual funds and how the long-only structure has hurt many investors.
Click Here to see video
Sunday Fun: The Baltic Dry Index
December 21, 2008
Evaluating the impact of infrastructure spending by President Elect Barack Obama and other nations is not easily accomplished. We could take a look at the performance or demand for commodities prices, infrastructure development stocks or even stocks that provide products such as steel, cement and machinery. The problem with those indicators is controlling the idiosyncratic or specific risks inherent with one specific company or commodity. The answer to our question may lie within the Baltic Dry Exchange.
The Baltic Dry Exchange is an exchange similar to the Chicago Mercantile Exchange, Chicago Board of Trade or New York Mercantile Exchange that maintains a market place of shipping routes for dry bulk cargo. The Baltic Dry Index is a price weighted measurement for the general cost of shipping or receiving raw goods. This index will give us foresight into increased demand and possible indications of infrastructure spending affecting the global marketplace. The exchange is made up of member companies that ship or intend to receive cargo, and unlike stocks, it is completely removed of speculative players. Economists believe this is the purest leading indicator as the demand for raw goods generally precedes the demand for finished goods. When companies begin demanding shipments of these raw goods then the Baltic Dry Index will trend higher due to an increase in vessels for shipment.
The index peaked around May 30th of 2008 at just over 11,400 and is now trading in the low 800s. This extreme shift in demand that began after May 30th was a good indication of where the market was headed. A decrease in the demand for raw goods from China’s build out and exports from the United States’ weak dollar came to a halt. If this index begins to trend higher then this would be a good sign of economic recovery.
The Perfect Gift - MONEY!
December 21, 2008
If you are having trouble finding that perfect gift this holiday, here is an idea:
Why not give the gift of financial security?
There is still plenty of time before December 25th to order a copy of The Disciplined Investor - Essential Strategies for Success for that special someone (or even yourself) from Amazon.com or Barnes & Noble. In need of a little instant gratification?
Then download the audio book from Audible.com and begin your journey to financial independence within minutes!
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