The global banking system, IMF, Federal Reserve, and lesser related corporate and gov't critters sum to a house of cards. Globally, currency and banking constitute the most dangerous, delicately balanced system of anger-ridden compromises on the planet. Simply read a brief, trustworthy history of currency and banking and you will come away beset by nightmares. I've myriad questions, but few answers.
Qualified professional with MBA in Finance. Provides various Financial Consultancies and spends time on analysis of various stocks.Keeps a close watch on stock markets & likes to invest in dividend paying companies and mutual fund
O. Young Kwon, NYU Ph.D. in Economics had worked in securities industry for ten years as a Registered Investment Adviser. He taught Macroeconomics (CUNY, Staten Island) and Statistics (Rutgers, Newark).
Prior to his academic career, he was an Economist/Bank Supervisor at the Bank of Korea (the Fed's counterpart). In 2009 he set up the TANER System in order to synthesize performances and relative strengths of 20 ETFs and 40 equities thoroughly. The System captures dynamics of momentum changes of individual securities on the daily basis. The System also builds successfully their momentum trends over time.
He is a conservative investor, targeting on a reasonable investment goal (inflation plus 3%). His investment preference is a relatively long-term (three to twelve months) long-only strategy. He allocates his assets as an auto-pilot portfolios (90%) in Vanguard and TIAA . As the title of his portfolio indicates, any short-term frequent portfolio adjustment is not needed.
The significantly increased market volatility induced mainly by more frequent online trading pattern with ETFs in the recent years, however, forces investors towards somewhat aggressive trading to gain more and lose less. It is a very serious challenge to conservative investors like him. He has traded daily, based on TMs, provided by the TANER System. .
The Daily Market Information (DMI) (7 days a week), The Daily 25ETFRANKS (25R) (M-F), The Daily TANER Momentum (DTM) ETF Model (TEM) (M), The (DTM) Schwab Model (TWM) (T), The (DTM) Rotation Model (TRM) (W), The (DTM) Vanguard Model (TVM) (Th), and The (DTM) Stock Model (TSM) F), and checking “My Portfolios in Seeking Alpha” (P.SCH, P.TD, SCH25, AND TD16 Which are my holding at Schwab a/c, holding at TD a/c, 25 Schwab ETFs, and 16 TD ETFs, respectively) before buying or selling ETFs.
In 1971, he was a visiting Economist (sent by the Bank of Korea) at the NY Fed and the Bank of NY to research long-range planning.
After earning his M.A. in Economics at U-Conn, he studied at NYU under Oskar Morgenstern (Economic History, Game Theory), Wassily Leotief (Input-Output Theory), Fritz Machlup (International Finance and Trade), William J. Baumol (Economic Theory and Operations Analysis), M. Isaq Nadiri (Macroeconomic Theory), and Edward Wolff (Econometric Modelling). He workd on various research projects: The input-Output Framework of the U.S. Economy (Leontief), U.S. Productivity Measurements (Nadiri), Knowledge Distribution (Machlup), Firms, Games, Decisions (Baumol), and U.S. Household Spending and Saving Behavior (Wolff).
His Doctoral Thesis under Machlup (1980): Theory of Foreign Exchange and Economic Policy. In the early 1980s .He, as a Research Associate, researched with Geoffery H. Moore at the Center for International Business Cycle Research (CIBCR) on business cycles, growth cycles, international indicators, composite indexing, and forecast of business conditions and inflation.