Former Tenured Business Professor; co-authored APICS textbook on organizational change; math/economics/science teacher; serious investor since 1987; completed the professional Certified Financial Planner course and Financial Analyst Levels I and II. Post graduate studies in financial analysis. 2010 Chartered Financial Analyst Scholarship Award winner. I am fascinated by how complex and yet simple the investing system is: an organic composite of the hopes, dreams, fear, and greed of the human condition. But it is not a hobby! To wit, if you want to play around go to Vegas, but If you want to make money you had better get serious and think for yourself, because most of what you were taught in school and are fed by the pseudo-intellectuals "ain't worth spit in the ocean." Started investing in 1987 with a few hundred dollars when I embraced the empowerment of becoming responsible for my outcomes. I read a book entitled "All You can Do is All You can Do: But all You Can Do is Enough" by Art Williams. One of the most influential books in my life outside the Bible. I set a nice round goal of 7 figures liquid,and met and surpassed that in 20 years and never made over $75,000/yr. You can do it too!
Mr. A. Paul Gill has been the CEO of Lomiko Metals Inc. TSXV: LMR, OTC: LMRMF since June 2009 and CEO of Lomiko Technologies private) since 2014. Mr. Gill developed significant experience in the strategic development of resource companies such as Norsemont Mining,Inc. (Bought by HudBay Minerals for $ 512 million). He has held the positions of President, Chief Financial Officer, Corporate Secretary and Vice-President of Business Development of Norsemont Mining Inc. and served as a co-founding director. Mr. Gill has been a Consultant of AJS Management private) since March, 2001 and a Director with Graphene 3D Lab TSXV: GGG, OTC: GPHBF, Graphene ESD and Epic Mining Corp.
Don't entirely like the monetary system in the US - Quote: "It is well enough that people of our American nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."
Disclaimer: My articles and comments do not contain investment recommendations or personal investment advice to any specific person for any particular purpose. Any article or comment is not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action. Do your own research or obtain suitable personal advice. You are responsible for your own investment decisions. Any information I publish is not a recommendation or solicitation to buy or sell securities, nor am I a registered investment advisor. Investing carries risk of loss and is not suitable for all individuals.
Retired from the retail and wholesale industries. My largest sales budget before retirement exceeded 100 million annually. I have managed my 401k and IRA for the last 30 years and have averaged a 9% return over the last 5 years with a conservative dividend supported portfolio. I enjoy using options to create premium and leverage.
Chicago native now living in the beautiful Smoky Mountains
MBA, the University of Texas, Austin, TX
Thirty years in wholesale home furnishings industry, including President and CEO posts
Investing for my own account
Think I understand business, but don't know a THING about timing
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.
Comments (8231) |Following |Send Message
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.
Evaluation of the dominant assumptions and an understanding of the dynamics of the economic engine is the basis of an approach to asset allocation that provides for both a rational determination of value and an understanding of sentiment in the form of price as a measure of the irrational nature of the operational environment, an approach that is intended at once to avoid unnecessary risk while at the same time enable gradual rebalance of assets as a means to increase net worth via optimization of appreciation and long term yields. Let's call that buy low and fly high just for fun.
Matthew V. Pixa is the President and founder of My Portfolio Guide, LLC. My Portfolio Guide is an independent, fee-only (non-commission) Registered Investment Advisory firm based in the state of California. My Portfolio Guide offers customized investment guidance focused on the needs of individuals from all stages and walks of life.
Matt’s curiosity and passion for investing began during the stock market crash of 1987. Being a new investor without any guidance and coupled with the dramatic events of that period, an interest and passion for becoming a student of the markets was born.
Matt later studied Economics and earned a Bachelor’s degree while also competing as a student-athlete for California State University Long Beach. After advancing his career for 12 years he decided to return to business school and further his education by earning an MBA from the W.P. Carey School of Business at Arizona State University.
Matt was trained and worked as an investment advisor for several of the largest and most widely respected brokerages on Wall Street as well as one of the most eminent private wealth management firms in the nation. Early on in his financial career, he learned that most “advisors” are actually not trained to give unbiased investment advice. Many simply get licensed and then are employed as salespeople to pitch products or build a book of business that is only scalable by outsourcing the relationship to others. It becomes a numbers game and what typically gets left behind is the best interest of the client.
Matt lives in Seal Beach, CA with his wife Cecilia, daughter Isabel, and son Lance. He enjoys coaching youth sports for his children’s teams and also competes in Ironman triathlons as a way to stay fit, disciplined, and blow off any left over energy…
Every incumbent out of Congress. EVERY. No exception. Yes. It's that simple.
"I don't have to tell you things are bad. Everybody knows things are bad. It's a depression. Everybody's out of work or scared of losing their job. The dollar buys a nickel's worth, banks are going bust, shopkeepers keep a gun under the counter. Punks are running wild in the street and there's nobody anywhere who seems to know what to do, and there's no end to it. We know the air is unfit to breathe and our food is unfit to eat, and we sit watching our TVs while some local newscaster tells us that today we had fifteen homicides and sixty-three violent crimes, as if that's the way it's supposed to be. We know things are bad - worse than bad. They're crazy. It's like everything everywhere is going crazy, so we don't go out anymore. We sit in the house, and slowly the world we are living in is getting smaller, and all we say is, 'Please, at least leave us alone in our living rooms. Let me have my toaster and my TV and my steel-belted radials and I won't say anything. Just leave us alone.' Well, I'm not gonna leave you alone. I want you to get mad! I don't want you to protest. I don't want you to riot - I don't want you to write to your congressman because I wouldn't know what to tell you to write. I don't know what to do about the depression and the inflation and the crime in the street. All I know is that first you've got to get mad. ...I'm as mad as hell and I'm not going to take this anymore." - H. Beale (P. Chayefsky), 1976
You shouldn't have to put up with this. However we do not have a national legislative body that will do what MUST be done. Even worse, they fail to OVER AND OVER. New handout? New earmark? New tax and inflation assault on the soft targets of society? Watch our Congress. Because they "get theirs," and the soft targets are robbed. Yes - those who pay their bills instead of running away, who save, who don't extort credit cards, mortgagers and governments because of inability to pay. And those who are children or even unborn will be stuck with this horror, this nightmare Congress has permitted. All I know is that there is a simple step that will fix a countless number of corrupt and irresponsible economic actions, which are killing us now and will kill us FAR WORSE down the line. And it's simple, laughably simple. VOTE OUT EACH AND EVERY INCUMBENT FROM CONGRESS. You thus impose by order of the people a mandatory one-term limit. For all of them. No exceptions. Everyone of you needs to be together on this. If e.g. you think Republicans are okay, well, sorry, that's tough - EVERY INCUMBENT, OUT OF CONGRESS, as soon as the next vote occurs. EVERY incumbent - OUT. Not just Pelosi and Frank. EVERY incumbent - OUT - all the way down to even Dr. Ron Paul. You cannot imagine what a paradigm shift that will cause in our representation and our future. But try *to* imagine it. And join the cause. It's simple. Laughably simple. You can save the world.
Emeritus Prof. Rutgers Univ. (Env.Sci.-30yrs); M.Ph., Ph.D.Yale (Env.Sci.,"philosophy"- Ecology); B.A. Cornell A&S (linguistics); M.S. Pat.State Coll. (K-12 Perm. Tchng license - ancient - actually taught 4, 6, 7-8, HS for a few years (learned more about the world than during 4 grad. degrees!); my joys in life include - married 50+ yrs; one truly admirable son (with the good taste to marry his match), two perfect grandkids, endless beloved dogs; currently addicted to the global stock market.
Former Tenured Business Professor; co-authored APICS textbook on organizational change; math/economics/science teacher; serious investor since 1987; completed the professional Certified Financial Planner course and Financial Analyst Levels I and II. Post graduate studies in financial analysis. 2010 Chartered Financial Analyst Scholarship Award winner.
I am fascinated by how complex and yet simple the investing system is: an organic composite of the hopes, dreams, fear, and greed of the human condition. But it is not a hobby! To wit, if you want to play around go to Vegas, but If you want to make money you had better get serious and think for yourself, because most of what you were taught in school and are fed by the pseudo-intellectuals "ain't worth spit in the ocean."
Started investing in 1987 with a few hundred dollars when I embraced the empowerment of becoming responsible for my outcomes. I read a book entitled "All You can Do is All You can Do: But all You Can Do is Enough" by Art Williams. One of the most influential books in my life outside the Bible. I set a nice round goal of 7 figures liquid,and met and surpassed that in 20 years and never made over $75,000/yr.
You can do it too!