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Maxe Paul

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  • Interactive Brokers Doubles Earnings And Keeps Outlook Strong [View article]
    IB's webtrader platform is the biggest POS Ive ever used.
    Nov 28, 2011. 03:57 AM | Likes Like |Link to Comment
  • Microsoft: A Strong Buy [View article]
    A bit too much Kool Aid drinking going on here IMO, but if you have Google and Apple you don't want to leave MS out just in case they do eventually do something right for a change.

    Its not exactly a bold suggestion that they will do better than their last ten years!
    Nov 25, 2011. 11:21 AM | 5 Likes Like |Link to Comment
  • Wall Of Worry Wednesday: Time To Climb? [View article]
    You are mistaken, we are currently controlled by the green party, which is about as bad as it gets for investors.

    We do however have the luxury of a good economy to stuff up unlike everyone else who stuffed theirs several years ago!
    Nov 23, 2011. 11:39 AM | Likes Like |Link to Comment
  • Wall Of Worry Wednesday: Time To Climb? [View article]
    Watching all those Republicans lined up i almost expected someone would ask each one which country they would like to go to war and invade next.

    Pakistan.....N Korea.....China.....

    Venezuala... African country starting with A or Z etc etc.
    Nov 23, 2011. 11:03 AM | 3 Likes Like |Link to Comment
  • Super Tuesday Committee Failure – So What? [View instapost]
    Ive been telling people this for years and they all thought i was crazy!

    I would hazard a guess a CNBC/Cramer survey would offer similar results.
    Nov 22, 2011. 11:35 AM | Likes Like |Link to Comment
  • Unhappy with just running the show in Greece, Italy ..., Germany also has a secret plan to prevent the U.K. from calling a referendum on proposed EU treaty changes (see this also). Angela Merkel is meeting with David Cameron in Brussels today to see about bridging disagreements over handling of the crisis.  [View news story]
    This is like the 150 th plan so far this year, and the year ain't even over yet FFS.
    Nov 18, 2011. 09:30 AM | Likes Like |Link to Comment
  • Those bashing Ben Bernanke over his inflation record should look at the stats, says Jon Hilsenrath in the WSJ. CPI on Bernanke's 67-month watch has averaged 2.3%, giving him one of the best records of all Fed chairmen. It's lower than Alan Greenspan's 3.1% and Paul Volcker's 6.2%, although the latter did inherit double-digit rates.  [View news story]
    You have to be pretty happy with a circa 60% drop in house prices and a similar amount in equities along with a massive devaluation of the US dollar to top things off.

    He certainly has a handle at keeping price increases under control, LOL.

    Well done Ben Bernanke!
    Nov 6, 2011. 09:42 AM | 7 Likes Like |Link to Comment
  • The Bearish Band-Aid Rip: Final Phase Of This Year's Cruel Correction [View article]
    "Should the EURUSD rise later this week and cause the dollar index to fall, it will give equities and commodities a tailwind in the weeks to come, and one that may boost psychology and confidence and help create the early stages of a virtuous cycle of increased consumer spending and business hiring."

    I think you are really clutching at straws here.

    Obviously people will be hired short term for the Christmas season and consumers will buy Christmas presents. You may even get an equity Christmas rally of some type.

    You really shouldn't be reading anymore into than that IMHO.
    Oct 4, 2011. 11:36 AM | 1 Like Like |Link to Comment
  • In An Uncertain Environment For Banks And European Sovereign Debt, Ex-Financials Dividend Strategies Offer Potential Diversification [View article]
    Let me be the first to say this (below) is absolutely ridiculous IMHO, this goes above and beyond "too much information".

    This is longer than your article!!!

    This reads like an investment bank product disclosure brochure or something!

    This is not how we roll at it?

    "Disclaimer: Performance is historical and does not guarantee future results. Current performance may be lower or higher than quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available at WisdomTree shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total returns are calculated using the daily 4:00 p.m. EST net asset value ( Market price returns reflect the midpoint of the bid/ask spread as of the close of trading on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.

    You cannot invest directly in an index. Index performance does not represent actual fund or portfolio performance. A fund or portfolio may differ significantly from the securities included in the Index. Index performance assumes reinvestment of dividends but does not reflect any management fees, transaction costs or other expenses that would be incurred by a portfolio or fund, or brokerage commissions on transactions in Fund shares. Such fees, expenses and commissions could reduce returns.

    Diversification does not eliminate the risk of experiencing investment losses.
    Unless otherwise stated, data source is WisdomTree.
    There are risks associated with investing, including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation and political or economic uncertainty. Funds focusing their investments on certain sectors increase their vulnerability to any single economic or regulatory development. This may result in greater share price volatility Please read the Fund's prospectus for specific details regarding the Fund's risk profile.
    Investors should carefully consider the investment objectives, risks, charges and expenses of the Funds before investing. To obtain a prospectus containing this and other important information, call 866.909.WISE(9473) or visit Read the prospectus carefully before you invest.
    Neither WisdomTree Investments, Inc., nor its affiliates, nor ALPS Distributors, Inc., or its affiliates provide tax advice. All references to tax matters or information provided on this site are for illustrative purposes only and should not be considered tax advice and cannot be used for the purpose of avoiding tax penalties. Investors seeking tax advice should consult an independent tax advisor.

    WisdomTree Funds are distributed by ALPS Distributors, Inc.
    Jeremy Schwartz and Christopher Gannatti are registered representatives of ALPS Distributors, Inc.
    © 2011 WisdomTree Investments, Inc. "WisdomTree" is a registered mark of WisdomTree Investments, Inc.
    WIS003471 9/2012

    1 Hellwig, Martin, “Quo Vadis, Euroland? European Monetary Union Between Crisis and Reform,” in e-book “Life in the Eurozone, With or Without Sovereign Default,” 2011.
    2 The price-to-earnings ratio is a measure of the aggregate market value of an index or set of stocks divided by its aggregate earnings. The price-to-earnings ratio gives investors an idea of how much they are paying for an index's earnings power. One way to think of the price-to-earnings ratio is how many years it would take for an index to earn its price (market value), assuming no future growth in earnings. A lower price-to-earnings ratio thus is considered a positive feature of an index, assuming future growth of that index is equal to that of a competing index.
    3 Tax loss harvesting: Within current tax law this is a broad term for the general practice of using losses on various investments to offset gains that might have been realized on other investments to affect a potential change in the investor's overall tax liability. Although every investor's situation may be unique and therefore amounts of realizable losses will be different, general practice involves selling investments with current market prices lower than the prices paid for those same investments on the original date of purchase.
    4 MSCI EAFE Index: A market cap-weighted index composed of companies representative of the developed market structure of developed countries in Europe, Australasia and Japan. We use this index here to accomplish the goal of defining an equity universe outside the U.S. but broadly representative of developed market equities. This index is one of the most widely cited and accepted within the industry for this purpose.
    5 Sovereign debt obligations is issued by governments, as opposed to corporate debt obligations, which are issued by corporations. Governments' ability to pay these obligations are judged by characteristics such as stability, economic growth, taxing power and ability/inability to print currency.
    6 Stress test refers to the 2011 EU-wide stress test. The test was conducted by the European Banking Authority. Results were released on July 16, 2011.
    7 Tier 1 capital consists largely of shareholders' equity (valued at original issuance, not current market), retained earnings (less accumulated losses) and other low-risk securities deemed as such for both their high degree of credit quality as well as liquidity. It is one of the most stringent methods for measurement of bank capital adequacy.
    8 Source: Bloomberg
    9 MSCI EAFE Index.
    10 “Stressed country exposures”: Debt exposures to Portugal, Ireland, Italy, Greece and Spain, widely cited as those with the most pressing debt issues. Exposures indicate potential losses in the event of default for financial institutions, corporate debt, commercial mortgages and residential mortgages. Sovereign debt exposure taken as exposure “net” of offsetting positions or transactions meant to hedge risk, termed “net direct sovereign debt exposure,” it indicates approximate potential losses in the event of sovereign debt default.
    11 Country of incorporation is meant to distinguish banks by where they are domiciled, thereby connecting any debt exposures of the bank to debt exposures of the country.
    12 Stressed country sovereign debt exposure taken as “net” of any offsetting positions or transactions meant to hedge risk, termed “net direct sovereign debt exposure” and meant to approximate potential losses in the event of sovereign default.
    13 Stressed country total debt exposure, which includes the financial institution, corporate, commercial mortgage and residential mortgage debt and other debts within the stress test. This serves as a comprehensive measure of debt exposure to the stressed country or region.
    14 Tier 1 capital is one of the most stringent methods for measurement of bank capital adequacy. It consists of shareholders' equity (valued at original issuance, not current market), retained earnings (less accumulated losses) and other low-risk securities deemed as such for their high degrees of credit quality and liquidity.
    15 Risk-weighted assets are a measure of the size of the balance sheet reserve requirements, weighted by risk. Larger risk would imply the need to hold more assets in reserve, while smaller risk would imply the need to hold fewer assets in reserve.
    16 Tier 1 capital ratio is an important measure of liquidity, measuring a bank's most liquid assets compared to the total risk-weighted assets that its balance sheet requires it to hold. Higher numbers typically indicate greater predicted ability to weather major liquidity events (like debt defaults) relative to other banks.
    17 Write-downs occur within accounting rules and guidelines and are meant to bring asset-carrying values on bank balance sheets more closely in sync with the market prices of those same assets. Write-downs tend to erode capital, and at a certain point they could trigger the need for banks to raise additional capital.
    18 Total balance sheet assets are a number that is specified on company balance sheets and encompasses all the assets attributable to the firm. “Assets” in this context means both the tangible and intangible resources used to generate a good or service of some value to a customer.
    19 Total balance sheet equity is a number that is specified on company balance sheets and represents the stake of ownership held by the firm's shareholders. It is equivalent to the firm's total balance sheet assets minus the firm's total balance sheet liabilities (debts and obligations owed to parties outside the firm, also reported on the firm's balance sheet).
    20 Leverage ratio is a way to measure how many of a firm's assets have been purchased through borrowed money versus actual equity. It is thought to be an important measure of risk within a firm's capital structure (i.e., the mix of different methods with which the firm has raised capital). Higher numbers are thought to imply more risk of potential trouble if an adverse economic event unexpectedly occurs. Such an event may include, but is not limited to, a write-down of the value of debt securities held as assets on the firm's balance sheet. Lower numbers imply the potential for less of this risk. There are no absolute leverage ratios that indicate the presence or absence of risk—rather the ratio is always judged within the context of its relation to peer competitors.
    21 Source:
    22 Mauldin, John and Jonathan Tepper. “EndGame: The End of the Debt Supercycle and How It Changes Everything,” Wiley and Sons, 2011.
    23 Price-to-book ratio: Market price of a share of stock divided by the company's book value of equity per share. A lower number implies investors are able to purchase more book value per share for less money.
    24 Price-to-earnings ratio: Market price of a share of stock divided by the company's earnings per share. A lower number implies investors are able to purchase more earnings per share for less money.
    25 MSCI EAFE Value Index: The MSCI EAFE Value Index measures the performance of value stocks in the MSCI EAFE Index. The index is constructed using a combination of eight historical and forward-looking fundamental data points for every security within the MSCI EAFE Index to determine the underlying 50% of the MSCI EAFE Index market cap that contains underlying fundamentals more closely related to value stocks, such as lower P/E ratios and higher dividend yields. The MSCI EAFE Value Index plus the MSCI EAFE Growth Index would contain all the stocks within the MSCI EAFE Index.
    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours."
    Sep 19, 2011. 11:00 AM | 2 Likes Like |Link to Comment
  • What Gold And The 10-Year Note Say About QE3 [View article]
    I think this is a good article though some thought needs to be given to the European financial situation as a wild card. It would be a mistake to think gold is tied 100% to US centric decisions on monetary policy IMHO.

    Of course this is not an EU based article about gold so I take it on face value.
    Sep 19, 2011. 09:55 AM | Likes Like |Link to Comment
  • Gold: What To Do Now [View article]
    Just what the world needs, another graduate in finance and banking.
    Aug 23, 2011. 12:15 PM | 1 Like Like |Link to Comment
  • Stocks, Bonds, Gold: At Least One Of Them Is Wrong [View article]
    IMHO the smart players are selling gold and buying stocks here.

    I mean do you really think selling stocks paying a 5 to 10 % dividend and buying gold at 1900 is a good play?
    Aug 22, 2011. 11:54 AM | 4 Likes Like |Link to Comment
  • RIM's Latest Endeavor Has Failure Written All Over It [View article]
    Don't flatter yourself, you simply put the boot into a stock because you own the competitor, lets call a spade a spade.
    Aug 22, 2011. 08:14 AM | Likes Like |Link to Comment
  • RIM's Latest Endeavor Has Failure Written All Over It [View article]
    I go the road less travelled, the one containing the truth more often than not. Followers, be it 1, 100 or 1000 mean nothing to me.
    Aug 21, 2011. 04:34 AM | Likes Like |Link to Comment
  • The Era of the Laptop Is Over: Apple to Sell 20 Million iPads Over the Holidays [View article]
    A good laptop just shits on iPads and iPhones, IMHO people's brains have gone to mush using social networking sites to the point they only use such devises to get a crack fix every 5 minutes.
    Aug 19, 2011. 01:05 PM | 2 Likes Like |Link to Comment