Focused on upcoming retirement (4-8 years from now). Seeking a portfolio balance of stable dividend growth stocks and capital growth potential stocks.
Background: Business Insurance Underwriter (Property and Liability) and University Risk Manager.
Biotech & Health Care: JNJ, CAH, MDT, STK.
Consumer Staples: MO, CVS, KHC.
Consumer Disc: DPZ, FIZZ, MNST, STZ, SBUX,
Tech: AMD, GOOGL, AMZN, FB, MSFT.
Industrial Cyclical: LMT, RTN, BA.
Born in 1958, I am a small investor who has taken his lumps. When I started out, I made a lot of money trading. Then I lost twice as much, when market conditions changed but my methods didn't. Intellectually I believe that dividend investing is probably the best way to go. However, I am still addicted to searching for a good deal--call it value investing, or swing investing, or what you will.
carefully investing but more often investigating; have had 6 decades of remembered losses in both public markets and private placements. Still a board member of a nonprofit and still holding shares in companies seeded long ago but not yet having reached their investor exits. Trying to be thoughtful about investments and enjoying the experience. Becoming less current all the time, likely finding me to be a doddering old fuddy duddy for anyone reading what I post here.
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.
....................................................................................................................................................... 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.
Mr. Barac is the founder and Managing Member of the General Partner, Barac Capital Management, LLC. Prior to founding the General Partner, Mr. Barac held a variety of roles in institutional securities research and trading.
Mr. Barac graduated from Trinity University (San Antonio, Texas) in 1989 and received a Master’s in Business Administration degree from Southern Methodist University (Dallas, Texas) in 1998. During his graduate studies, Mr. Barac’s broad-based business studies included a focus on international business which included an internship with Bank Boston’s media and telecommunications lending group in Buenos Aires, Argentina and an international exchange semester at the E.S.A.D.E. Business School in Barcelona, Spain.
Following his graduate studies, Mr. Barac went to work for Moody’s Investors Services in New York, New York in 1998 and transferred to their London, England offices in 1999. At Moody’s, Mr. Barac became a Senior Credit Officer/Vice-President and lead analyst with responsibility for the credit ratings of a multi-billion dollar portfolio of high-profile European leveraged finance companies. As an expert in leveraged finance and corporate credit risk analysis, Mr. Barac was a regular speaker for Moody’s and was regularly quoted by major financial publications (e.g. the Wall Street Journal Europe, Financial Times, New York Times, Bloomberg News, and The Times of London).
From 2005 to 2007, Mr. Barac worked at Schroders Investment Management, an investment management firm with assets under management in excess of $200 billion, headquartered in London, England. At Schroder’s, Mr. Barac was responsible for identifying profitable fixed-income trade ideas from within a portfolio of European high-yield and investment grade corporate bond issuers. Mr. Barac’s work at Schroder’s earned him selection for the company’s elite merit-based Business Leadership Program.
Mr. Barac continued his work in corporate securities analysis with Barclay’s Capital (also in London, England) where he worked as a Director in their Principal Strategies Group from 2007 to 2008. At Barclays, Mr. Barac was a proprietary analyst and trader responsible for investing a portion of Barclay’s capital through a combination of bonds, stocks, and fixed-income derivatives (credit default swaps).
Following his return from London to Austin, Texas in 2008, Mr. Barac founded, established, and now actively manages the Barac Value Fund, L.P.