Since 2011 I am running my small research consulting firm dedicated to introducing worthwhile independent research to institutional investors. Started my career in finance as a retail broker, then constructed a family of country funds in cooperation with several large European banks and served the US pension fund community for 6 years after which I spent 9 years in the data business and most recently I spent 8 years on the sell-side, bringing independent research services to the institutional investment community. My firm introduces a very small number of RIAs to Pension Funds, Endowments, Insurance Firms. Before my life in finance I was a mechanical engineer in the design department and almost got a PhD… but ended up becoming a Chartered Financial Analyst or CFA instead. My hobbies are hiking, skiing. I have two grown kids and I am a proud grandpa.
Jack A. Bass B.A. LL.B is one of North America's foremost economists and
tax strrategists . Heforecast the dramatic rise in the price of gold and the fall in natural
gas prices abd the decline in the shipping sector( www.amp2012.com).
He writes a tax column at Your Offshore Money ( http:www.youroffshoremoney.com)and a blog as The Tax Guru.
threaten all markets as the influence of runaway printing presses will
turn on its creators - The White House and Wall Street - and then on
the folks on Main Street. We can only rely on ourselves to prepare for
the turns in economic cycles".
Jacks education includes degrees in Economics and Law. He has
completed (graduating at the top of his class) the securities course as
part of a large American retail broker. His public service work
includes the roles as government advisor to Native Indian bands as
well as being the administrator to one of the largest First Nations in
British Columbia Canada. He has also served as the Executive
Director for non-profits seeking to develop downtown business/retail
cores and for community organizations lending to high-risk business
His books include The Apprentice Millionaire Portfolio and The AMP Gold and Precious Metals Portfolio ( available from Amazon.com)
Retired electrical engineer with 30+ years experience in designing instrumentation and switching power supplies. I understand ICEs, electric motors and electrical grid transmission. General Physics background.
I worked for many years in the semiconductor equipment business in Austin, Texas.
semiconductor = silicon. Austin = silicon hills. Hence "siliconhillbilly".
Sorry, no black or missing teeth :-)
My philosophy ...
*) Don't take unnecessary debt. Sometimes debt *is* a necessity (e.g. housing, education, transportation).
*) Educate for your talent. If you are good at what you do, an education will compound that talent into wealth (even if you have to go into debt).
*) Eliminate debt as soon as possible.
*) Be the bank (when possible).
Me personally ...
At 45 (2011), I realized I needed to get serious about planning for a retirement.
Met with a financial advisor and asked him, "what will it take for me to retire at 55".
He thought I was nuts, but ...
My "ignored investments" that I only really added to while 25-35, plus the cap gains after selling my house, provide a base to build from.
I now have a significant income stream to contribute because of the "philosophy" above.
Back in the deep forests of the southern Adirondacks after a six month, 9000 miles bicycle tour. When was the last time YOU went on a six month vacation that cost you about $100 a week. Most of that was for food; and I STILL MANAGED to trim down to 175lbs.Healthy and happy here, ready to get back to the market and writing for SA.
Now you know how I can live on an income most of you call pocket change. Put me in the bottom 1% of Seeking Alpha readers and most certainly contributors. Nothing like hanging out with loggers to cut expenses.
What a great way to avoid the carping on Wall Street. If I read another article about how the market is in a bubble, I shall pull out my hair...which is difficult because I have a shaved head.
Seriously though, I am a tried, true, and original Investment Biker. I've already toured in Europe, Asia, North and South America (see my website below) so I have about 200,000 cycling miles under my belt. It's been a while since I've done a long tour so starting this spring of 2015 I'm hittin' the road with my 28 speed Fuji Touring bike and riding for as long as I want. (Sorry about the Jap bike for all you Harley guys). Think about it...since I usually 'wild camp' in the forests for nothing, my only real expenses are food and some routine maintenance. I cover those expenses by using the monthly options cycle to generate income from calls, puts, or spreads of various sorts. So while you Seeking Alpha trendies are sitting in front of your screens all day, I'll be out riding in the Sierra, the Cascades, the Rockies, the Appalachians, the Catskills, the Adirondacks, the Green and White Mountains...and thats just this summer!
All i need to keep an eye on the markets are a small Grundig AM/FM/Shortwave radio (go to hell you Sirius guys!) and a Netbook for trading and fun when I can get internet access...which last time I looked was everywhere.
Enjoy the bull market which started in Summer of 2009 and should run for a few more years. Ignore these 'stuck in a rut guys' and Obamanazis. Between lower energy prices from natural gas frackomania, lower medical costs and longer lifespans from bioengineering marvels just coming down the pike, and the eventual collapse of slave labor kleptocracies like China (and Chicago), the outlook for stocks and capitalism is as strong as its ever been.
When not cycling I am a self employed stock trader and military/political analyst. Live in the US now, lived throughout Asia (Korea, Japan, Russia, Pakistan, India, SE asia) in the 1990s and early 2000s. Statistics and forecasting, using market based socioeconomic data, are my specialty. Sometimes I am an adjunct college professor, teaching statistics, some finance courses, and earth/environmental science classes online.
I'll try to submit SA articles from time to time but I enjoy READING the wisdom of many of you writers (thanks to many of you!). Maybe I can visit some of you along the way.
Six-time CEO, followed by founding, in 2003, highly successful strategy development and executive performance-improvement consulting business. Semi-retired (not working full time but serve on corporate Boards).