I am an Israeli of American origin. I've spent 25 years of my life in the US, 22 in Israel. Born in Juneau, Alaska, I now live outside of Tel Aviv.
I am a licensed attorney in New York and Israel, and an active real estate investor. As far as formal education goes (over-rated!), I have 5 Degrees (4 graduate, including a JD, MA, MBA and a LLM), from Michigan, Colorado, Hebrew U and Tel Aviv U. I spent three years at a free market think tank and working in the Israeli Knesset. During that period I published two economic policy papers. I serve as a reservist in the Israel Defense Forces.
I am proud to say that I sold 98% of my stock portfolio in July '06 because I felt that the markets had peaked (the Doww was over 14,000 when I pressed the sell button). We used the money towards buying a duplex down the street (here in Israel - not the US!). Five years later, the duplex is up 90% and the 2% remaining stocks still haven't broken even!
I started actively investing again in June '10, after selling another investment property. So far so good. In the second half of 2010 I had an IRR of 37%. For the first 6 months of 2011 - IRR 26%.
My spare time is devoted to my wife and four children. Amitai is 17, Nadav is 14, Aiden is 12,and Matan is 7.
While I have a MBA in finance, I do not see myself as a securities markets professional. I like real estate investment far more! Still, I feel comfortable in my convictions. I feel that I know what I am doing with my portfolio.
"Average Joe" would be a more appropriate avatar but that name is already used. I am a conservative and much of what I comment on is just political ranting. However, politics plays a huge role in the ups and downs of the economy so I think it is appropriate - maybe just in a different venue.
Half of my investments are under an "advisor" and half self directed. I have seemed to lose just as much as the advisors in down-turns but have outperformed them on the way up.
I am still employed by an aerospace company and have been fortunate in working with both Airbus and Boeing engineering. I have not had formal financial training - just a lot of hopes for the future. My greatest hope at this time is that our government does not ruin the future for all of us "average Joes".
I'm a trend follower. I follow the long term trends. I also follow the advise of investors like Warren Buffett, Jim Rogers, Peter Schiff, David Morgan, and Ted Butler... I am heavily weighed in commodities (80% +/- 5% in commodities related stocks and ETFs). My overall outlook for commodities is bullish and my overall outlook for the US dollar is bearish, unless we revert to the gold and silver backed currency.. or a currency backed by a basket of commodities (energy, lumber, agriculture, basic and precious metals, etc.). As far as bullion goes, I have a ratio about 35% gold and 65% silver in terms of dollars, and approximately 1:110+ gold-silver ratio in terms of ounces. I am also invested in clean energy companies for the future trend favoring clean energy. I like Wind energy and Geothermal energy more than solar due to being able to deliver power more cost-efficiently. Hydro power, although considered clean, causes much more environmental destruction.
Disclosure: Long Gold & Silver Bullion, SLW, ERF, APWR, HTM, & (RYBIX, RYPMX, RYVIX)
I have been an investor in various forms for the past 30 years. I try to be flexible and go with what appears good at the time. I have managed more positive results than negative. I used to own lots of single family homes, but managed to sell most of them before the real estate crash,(how I managed to see it and people making millions more than me did not, remains a mystery). I now am invested in gold and energy and I appreciate the work of many of the folks here who share their knowledge. My best investments have come from the hard work of others. I just try to synthesis there knowledge into action.
Dan Remy, MBA, is the owner of Remax Financial Services engaged in Business Valuation and Financial Consulting to corporations and high net worth enterpreneurs and investors. He is a former Edward Jones Investment Executive, retired IBM corporate executive for business development, and a former Professor of Economics and Finance at N.Y.I.T., Long Island, NY.
Mr. Remy was the M&A Executive at Volkswagen AG in the acquisition of eight companies to bolster sagging car sales in the mid 1970s. At IBM, he led the startup of the Optical Storage business and was instrumental in the startup and marketing strategy for IBM Global Services shifting IBM market strategy from hardware/software to client services and business consulting. Subsequently, he held Senior Principal Consultant positions at AT&T and Cisco Systems in business analysis and development.
Remax Financial maintains several investment portfolios that are Value and Dividend/Yield driven and optimized for vacillitudes and uncertainty in the current global economics and financial markets. The range of investment vehicles include: MLPs, Investment Trusts (energy+ all sectors), Preferred and common stock, Convertible Stocks/Bonds, ETFs, Corporate and Treasury Bonds, and Hard Asset holdings, The objective is to generate a steady dividend and yield income stream above 10 percent per annum using high Value investments with: low debt; free cash flow; low P/B P/S,and PEG; and, sustained ROE/ROA.
Michael J. Clark was born and raised in Sinclair, Wyoming. He is a poet, novelist, artist, historian, and market analyst.
He began investing in 1985. He read ˜The Technical Analysis of Stock Trends" by Edwards and Magee and was hooked. From 1985-1987 he made astonishing gains in the stock market; and then stocks collapsed in 1987. Since then he has been attempting to 'solve the stock market', with many failures and some successes. The system he developed, called CGTS, Clark's Gate Timining System, is algorithm-based. What this fancy word means is that he proposes a series of necessary steps based on technical analysis propositions, which, when met, trigger trading signals. His four main trading systems are up a combined 31% for 2015.
From his website:
Now that QE is supposedly ending, markets are already becoming more tradable, with opportunities to make money on both long and short trades at the same time. QE tended to make all boats rise, except precious metals. This made it more difficult to play the short side of the markets. Now, both sides seem to be more accessible to successful trades. This will also be more of a challenge for investors. The FED will have to eventually abandon the markets to their own destinies, and stop spending trillions to protect investors AND corporations from their mistakes. As this begins to happen (I am not sure it has happened yet), informed advice will become even more necessary for investors.
Rules of Investment
Rule #1: Never go against the trend. The majority is often wrong; but the minority is often wrong also. The sticky issue with this advice is at transition points, at which a Bull Market turns into a Bear Market or vice-versa. Big Money often anticipates and/or causes this transition. So pay attention to what Big Money is really doing, not what they say they are doing.
Rule #2: You don’t need a broker who makes his living off of your money. Most brokerage firms buy a position in a stock quietly and slowly. When the stock has appreciated significantly they add the stock to their buy recommendations. Then they begin selling their position while they are encouraging their clients to buy the stock. Most firms never issue sell recommendations. If they do, beware: they are probably trying to buy your stock after a huge sell-off.
Rule #3: Watch your own emotions because they are often signaling something. When fear turns to greed and visions of unlimited wealth, we are probably near a top in a trade and we should get ready to sell. When hope and denial turn to fear and visions of an unlimited loss, we are probably approaching a bottom in a trade. (See Rule #1 however.)
Rule #4: Trade with a system to complement your gut reactions. Follow the system no matter what, even if it means taking a loss. Don’t get lazy with your money and sink into denial. Use a system to help you refrain from 'playing a hunch'.
Rule #5: HEDGE YOUR PORTFOLIO AGAINST LOSSES. How does one do this? By having a balanced portfolio of long and short positions. But have a system that signals both long and short positions, and keep your portfolio balanced around 50% long and 50% short. This may seem to contradict Rule #1. It does not. When something is in a long trend, something else is in a short trend. Find what is long and what is short. If stocks are long, gold or oil may be short. Use ETFs and options to help establish this portfolio balance. Our system gives trading signals every day for both long and short positions.
More information on CGTS is available at:
His fine arts portfolio can be found at the following address:
His writing portfolio can be found at:
Those interested in his book "Turn Out the Lights", a description of the metaphysical causes of the 2008 financial meltdown, can access the draft at:
Michael Clark has retired after working 30 years in academia, relocated to Hanoi, Vietnam for six years, and has returned to America in 2014.