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  • Rebuttal: 'Is A House Really A Good Investment?' [View article]
    Netwall, Nice first article. Some things to consider on why to buy:
    It is very hard to find a high quality rental for the long term 15-25 yrs. Especially something that is in the mid to upper range of the market ($500k+ large yard, 5+ bedroom, 4000sq ft. etc). Where you plan to have memories. You cannot put a price for that. Breaking even is just fine. After all you make money to spend somewhere! Price appreciation is a nice bonus.. By the way 10% return in stock market consistently for 20yrs is very difficult and not a slam dunk either. Worse would be to lose money in stock market and not have memories of house either. If you have to treat house as an investment, treat it like a real estate diversification in your overall portfolio
    Jul 26 12:27 AM | 1 Like Like |Link to Comment
  • Bernanke Testimony Boosts Stocks And Dollar But Sinks Gold And Gold Miners [View article]
    Soros sold half his gold. Means he thinks gold still has legs or else he should have sold off everything
    Mar 13 10:56 PM | Likes Like |Link to Comment
  • Bernanke Testimony Boosts Stocks And Dollar But Sinks Gold And Gold Miners [View article]
    Have to agree that the brunt of inflation has been borne by the oil importing emerging markets. India is a classic example. Reason is with ZIRP, dollar largely got devalued and oil prices went up. The US largely escaped inflation since imported goods prices did not go up.
    Mar 13 10:53 PM | Likes Like |Link to Comment
  • It's The Dollar, Stupid [View article]
    Japan's rating was cut today: http://on.mktw.net/Jm0QO1

    Did not write about the Yen in the article, but score one for the dollar vs. Yen.
    May 22 11:14 AM | Likes Like |Link to Comment
  • It's The Dollar, Stupid [View article]
    Dear Readers,
    Kindly excuse a typo in the article:

    "Before answering that question, let U.S. look at Ben Bernanke's plans."

    should read:

    Before answering that question, let us look at Ben Bernanke's plans.

    I have asked SA to fix.
    May 22 11:03 AM | Likes Like |Link to Comment
  • It's The Dollar, Stupid [View article]
    GUS100CORRINA, Thanks. I feel the rating downgrade is justified for the medium term (not short term). Reason being in the short term (i.e. less than 1 year), the rest of the world is buying dollars negating the money printing effects. US is the least ugly house on the block. Other houses are uglier.

    Reactionary1, You are right. Short term likely nothing happens.

    pdtor, Good point. The US is doing lots of borrowing and then doing deficit spending, kind of eating its cake and having it too. I previously wrote this article: http://bit.ly/KHmX57, on deficit spending. As long as others are willing to lend, US will keep spending.
    May 21 11:00 PM | Likes Like |Link to Comment
  • Investing In A Fed Manipulated Era [View article]
    Dear Readers, Today the market fell because uncle Ben again made a headline. http://yhoo.it/HeQNtp
    Apr 3 10:47 PM | Likes Like |Link to Comment
  • Investing In A Fed Manipulated Era [View article]
    "Just For Men Ben"
    - that was hilarious Hedgephone. First time I have heard
    Mar 29 12:08 AM | Likes Like |Link to Comment
  • Investing In A Fed Manipulated Era [View article]
    Dear Readers, The ink was barely dry on this article, and today Bernanke spoke again pledging low interest rates even as employment rates improve. The stock market responded by going up.
    http://yhoo.it/GNPH7r
    Mar 26 10:32 AM | Likes Like |Link to Comment
  • Investing In A Fed Manipulated Era [View article]
    Moon Kil Woong,
    The Fed and for that matter indeed the Central Banks world wide including Europe and Japan have created too much easy money. Creating easy money was the easy part. Politicians of all stripes love it. Mopping up that easy money will be very difficult politically. Maybe impossible. Anybody who tries it will be booted out of their jobs. The next few years are the real test of these central bankers if they are able to overcome the political pressures. If yes, then commodities, including gold goes down, but that will take the stock market down with it and also some politicians. If no, which is the most likely scenario, I do not see gold crashing.
    Mar 23 09:35 AM | Likes Like |Link to Comment
  • Investing In A Fed Manipulated Era [View article]
    Agree completely!
    Mar 21 10:10 AM | 1 Like Like |Link to Comment
  • Investing In A Fed Manipulated Era [View article]
    Jhooper, very good points on job losses an housing. Unless the pace of job creation does not create a competition for workers, wages will be low. And lack of housing recovery has meant no increase in house prices so no wealth effect. There needs to be progress on these two fronts for sustained consumer spending and economic recovery.
    Mar 21 10:09 AM | Likes Like |Link to Comment
  • Investing In A Fed Manipulated Era [View article]
    NLO, thanks for the comment. Both physical gold and gold stocks are recommended. If the rates go up, that is fine. Roll over maturing CD's at these new higher rates.
    Mar 21 09:57 AM | Likes Like |Link to Comment
  • Investing In A Fed Manipulated Era [View article]
    The "safe" portion of the portfolio bucket belong in laddered CD's. Do not try to time the market. 21% or 3.5% returns in 10 yr. CD's do not matter.
    Mar 20 10:27 PM | Likes Like |Link to Comment
  • Gold and CDs: What Can Disrupt the Rally? [View article]
    Plebian, Very good observation on backwardation.
    Aug 9 08:59 AM | Likes Like |Link to Comment
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