I started investing when I was 18. The first major investments that I made were large cap oil stocks in the year 2000. In 2007 I sold my investments, and than re-entered the market in Feburary of 09. Currently I am investing in precious metals and Energy. I believe were in for a major change in markets, and am positioning myself to make money off it.
John M. Mason writes on current monetary and financial events. He is an entrepreneur and a writer. Current projects include a new banking institution, an Internet company, a private equity fund, two depository institutions and a community redevelopment fund. He formerly was on the faculty of the Finance Department, Wharton School, the University of Pennsylvania. Dr. Mason has been President and CEO of two publicly traded financial institutions and the executive vice president and CFO of a third. He has also served as a special assistant to the secretary of the Department of Housing and Urban Development in Washington, D. C. and as a senior economist within the Federal Reserve System. Dr. Mason has served on the boards of venture capital funds and other private equity funds. He has worked with young entrepreneurs, especially within the urban environment, starting or running companies primarily connected with Information Technology. Some of his new ventures are in the sustainable business and impact business space. .
When will long-term investors have any cash to deploy? If you believe in their mantra, most of them think people should be nearly fully invested nearly all of the time - it is rare to have a long term Buy and Hold investor to keep 30% in cash for buying opportunities. How much of a loss are you willing to suffer waiting for a recovery? 10%, 20%, 30%? Do the numbers and see what kind of gain you will need to recoup to the break even point on several loss levels to get an idea of how long you may need to wait. For example a 30% loss requires a 43% gain to get back to the break even. A 20% loss takes a 25 % GAIN to get back to even.$100,000 - 20% = $80,000 . 80k X 25% = 20,000 +80k =100K There are few assets like PM's that are liquid and have NO counterparty risk. If you know of any that perform that function please post it for all to see. The fact of the matter is that some people ONLY save any money because of Precious Metals. If it were not for their gold and silver many would not have any money saved or invested. They would have Beanie babies or some other fad item. The people that buy Silver Eagles are much happier ten years later when they bought those coins made of PM's for their grandchildren (or whomever) when they find out the $8 - $12 bucks they spent is worth more than they paid.And the recipient learns a valuable lesson from it. There are good gifts and not so good gifts. Silver Eagles rank near the top of the list. Don't underestimate the power for people to develop good savings habits using PM's . It's fundamental. Our welfare system is a huge drain on the economy .Those of us working for a living instead of voting for a living see huge holes in our paychecks every week. As unfortunate as it is to know that cuts to foodstamps and welfare will likely cause a bit of suffering, it’s not the job of the government to forcibly remove money from the pockets of hard working Americans in order to take care of those who won’t work. Granted, there are some people who genuinely need the help, and those folks get dragged into the mud with the abusers, which isn’t fair to them. Now, just because the government shouldn’t be “helping” those in need, doesn’t mean we as Americans should forego kindness and charity. Quite the opposite. Americans are some of the most generous people on the planet, but unfortunately, that generosity gets quelled when the government is involved.Without the government in the way, regular every day individuals like you and me need to step up and start helping those who are in dire straits. That’s how this country used to be long before all of the social welfare programs, and it’s what made our nation so wonderful. If the government insists on being “helpful,” they can start by reducing taxes and ridiculous regulations that overburden small business owners, which will free them up to expand their companies and hire new workers. Two of my favorite comments ever on SA Avi Gilburt , Contributor
WOW!!! So, I guess when sentiment is at historical lows, we MUST assume it can only continue down!! lol
All you say constantly over and over is "I don't understand how it can work, so, clearly, it does not work." That really does not need much of a "demonstration" or response.
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The question isn't how high gold or silver will go in dollar terms, but will that amount of dollars buy more than it buys today.
....................................................................................................................................................... Let's say 50 years ago, 1964, your grandfather bequeathed you an inheritance worth $1,000, which he put in a pretty box with your name on it. At this moment, you are about to open that box… Would you be happy to find his personal check dated 1964 made payable to you; would you rather find ten $100 Federal Reserve Notes; or would you prefer to find that thousand bucks in the form of 4,000 silver quarters, the steady constant value of 715 ounces of silver, with a current dollar number north of $12,500? Would your choice be the same if you were putting your wealth away today for an heir to receive in ten, twenty, or fifty years?
..................................................................................................... Financial contagion happens at both the international level and the domestic level. At the domestic level, usually the failure of a domestic bank or financial intermediary triggers transmission when it defaults on interbank liabilities and sells assets in a fire sale, thereby undermining confidence in similar banks. An example of this phenomenon is the subsequent turmoil in the United Statesfinancial markets. International financial contagion, which happens in both advanced economies and developing economies, is the transmission of financial crisis across financial markets for direct or indirect economies. However, under today's financial system, with large volume of cash flow, such as hedge fund and cross-regional operation of large banks, financial contagion usually happens simultaneously both among domestic institutions and across countries. The cause of financial contagion usually is beyond the explanation of real economy, such as the bilateral trade volume.
I am retired. I was academically trained as an Institutional Economist specializing in comparative economic sytems. I am very knowledgeable about the old Soviet style command economies as well as the various types of mixed economies that currently exist.
I would consider myself a novice investor, as i started trading/developing my portfolio in August 2008 (oops ?), but I've made my losses back since then and am working on developing a core fixed income portfolio to keep me from throwing all my cash at my option plays.
Some of my best bets have been fully emotional and i know that. It frustrates me to take big reckless swings during uptrend so i write about my mistakes in order to prevent them in the future. Keeping a trading log is an invaluable tool. I don't like trusting other advisers with my money but i would recommend it to anyone who seeks diversity. Try comparing your own track record against someone who you admire and follow. Better than an illiquid mutual fund. Along with seekingalpha.com i also use investors.com and Finviz.com.
If you want to hang out i live north of San Francisco and can take you on a beautiful rafting trip down a wild and scenic river.
Victoria Duff is chief executive of her own company, aBusinessPlan.com. She advises startup and small to mid-size companies on concept, structure and reorganization, Internet strategy, business plans, SEC documents, investor relations, and reorganization plans. Her specialty is corporate problem solving and teaching her clients how to ‘bootstrap’ their companies to create value before going after major funding. Duff founded aBusinessPlan.com in 1998 in response to the increasing number of Internet companies and the growth of the new Internet economy and morphed that business into Bold Ventures Group in 2001. Clients include Spiderdance, ITECH, ConstructionGuys.com, LatinoGear.com, Xaphon, CorpHQ, PaperlessLoans.com, 3CIM.com, Safeguard Technology, My Personal Salon, Circles of Life, Veltex Corporation, and i-Mobilize among many others. She also served as interim CEO of GoVacations.com.
Duff was one of the first executive women in top-tier Institutional Investment Banking on Wall Street, holding such positions as Institutional Vice President of Prudential Bache and Wells Fargo Bank’s Treasury Department, Loeb Rhoades, Blyth Eastman Dillon and Spencer Trask. Duff was one of an elite corps of institutional bond specialists serving in the capacity of top-level business development, marketing, strategic planning, quantitative and technical analysis, business cycles consulting, negotiation and project management, as well as the creation of new products and services aimed at solving a company’s cyclical cash-flow, tax and pension fund problems. During the late 1980s, Duff’s daily volume of business was $1.5 billion. Her clients included Chrysler, Morgan Guaranty Trust, Citibank Trust, US Steel, Texaco, IBM, American Express, and Capital Group, among others.
Duff is a past director of the International Board of the Association of Internet Professionals and past-president of the AIP Los Angeles Chapter, which is the leading trade association for Internet professionals worldwide. She is past president of Webgrrls International’s Los Angeles Chapter, Southern California’s largest networking organization for women in new media. Both chapters were in decline when Duff took over leadership, and as a result of her turnaround efforts, both now enjoy a healthy membership, organization and support from the region. She was also one of the original founders of Women’s New Media Alliance, Digital Eve and FWE Southern California (the Forum for Women Entrepreneurs).
Duff serves as a Director on the Boards of the CEO Council and America’s Baby Cancer Foundation, and is on the Advisory Boards of numerous small to mid-size companies. She has served on the Board of the LAEDC e-Commerce and New Media Task Force and was a member of the Digital Coast Roundtable Industry Relations Committee. She is a well-known speaker and writer having written columns on business and Internet topics for the Digital Coast Reporter, Developments Magazine, About.com, eHow Money, Houston Chronicle, The Motley Fool, Zack’s Investment Research and numerous other print and online publications.
Duff earned her Bachelor’s Degree in public administration from the University of California, Berkeley. During this time, she interned for Senator Alan Cranston, and the Congressional Research Service, Library of Congress.
81 years old and counting.
PhD in Biochem, minor Genetics, UNC Chapel Hill.
MS Analytical Chem, St. Joseph's. (evening college).
BSc Chem, PCPS, now USP Philadelphia.
Hobby: Neurophysiological basis of the Rise and Fall of Civilizations
More-or-less self-taught individual small investor, who started late.
IMHO, Seeking Alpha is THE PREMIUM SITE w/o a peer!