Raj Dhamodharan works in the technology industry and manages his own investments. Raj is a strong believer in the power of globalization and a gradual shift from US-centric business world. He follows a goal-based asset allocation model for his investments and blogs about various asset classes, global trends and personal finance. Visit his blog: Finance World (http://randv.blogspot.com)
Raj Dhamodharan works in the technology industry and manages his own investments. Raj is a strong believer in the power of globalization and a gradual shift from US-centric business world. He follows a goal-based asset allocation model for his investments and blogs about various asset classes, global trends and personal finance.
Visit his blog: Finance World (http://randv.blogspot.com)
ContrarianProfits.com (http://www.contrarianprofits.com/) is a financial news and opinion website with a twist. As investment guru Rick Rule puts it, “You are either a contrarian or a victim.” In the financial world, most people are losers because they just don’t know what game they’re playing. They think they can just get “into the market” along with everyone else, do what everyone else does, and they will make money. Not likely. By the time you’ve paid commissions, spreads, fees, taxes – and suffered the consequences of inflation – you’ll be very lucky just to have as much money as you started with.
ContrarianProfits.com is a contrarian site, in the sense that we provide ideas, opinions and recommendations that often run counter to the mainstream financial press. We do this not just to be contrary, but because we’ve realized that Rick is right. You don’t make money by following the crowd; you make money by leading it.
Why is this so? Well, it’s obvious that if you do the same thing everyone else does you’ll get the same results everyone else gets. On average, and over the long run, real investment returns for the typical investor cannot exceed the rate of growth of the economy itself. Everybody can’t get richer faster than everybody else. Real economic growth in the US today averages about 3% per year; if you don’t make any mistakes, that’s about what you can expect. Few people may be satisfied with 3% per year, but most feel comfortable in the middle of the financial herd and are happy to take whatever that gets them. If you’re one of those people, you will probably not like our site. It will make you uncomfortable.
If, on the other hand, you’re willing to look at things a little differently, you’ll appreciate the views of many of our columnists, contributors and visionaries.
Here, you’ll read the views of:
Porter Stansberry (http://www.contrarianprofits.com/articles/author/porter-stansbury/)
Doug Casey (http://www.caseyresearch.com/)
Rick Rule (http://www.gril.net/about_us.htm)
Bill Bonner (http://www.contrarianprofits.com/articles/author/bill-bonner/)
Steve Sjuggerud (http://www.contrarianprofits.com/articles/author/dr-steve-sjuggerud/)
Addison Wiggin (http://www.contrarianprofits.com/articles/author/addison-wiggin/)
Chris Mayer (http://www.contrarianprofits.com/articles/author/chris-mayer/)
Dan Denning (http://www.contrarianprofits.com/articles/author/dan-denning/)
Dr. Marc Faber
Mogambu Guru (http://www.contrarianprofits.com/articles/author/mogambu-guru/)