Tom the Money Man

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    • Sun Jun 15th 21:56 PM | Rating: 0 0
      Commented on:
      What's Keeping the Dollar Down?
      Interesting view. If the facts are correct, one would have to agree that the overall financial position and current direction places the AAA rating at risk.

      Similarly, like a business, there is emerging competition for reserves as indicated by the increase in holdings of the Euro.

      Like a business with a crumbling monopoly, it takes some very clever action to hold on to some of what you had.
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    • Mon Apr 28th 16:54 PM | Rating: 0 0
      Commented on:
      Buy Companies That Sell What People Need
      I agree. I'd still do some fundamental analysis to confirm the stock is not over valued but most millionaires I know built wealth by creating companies that sell what people need and often have little choice in consuming irrespective of the economy or the price.
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