Monthly Archives: September, 2009
Empty Storefronts
Anecdotal evidence offers serious reason for concern about the economy! I just returned from a 2,000-mile Harley trip from Newport, RI, to Blowing Rock, NC, and back. There’s no doubt about it: the economy is in trouble.
Top 10 Mistakes #6
Entry #6 on my list of the 10 biggest mistakes investors make is failing to focus on the Fed’s federal funds rate beacon. Today the fed funds rate is basically zero. That means rates have only one way to go-up!
Top 10 Mistakes #7
How does a triad of a 20% prime rate, $200-per-barrel oil and $2,000-per-ounce gold sound to you? Are these numbers possible, or even probable? Oh yeah!
Top 10 Mistakes #8
More money has probably been lost by overreaching for yield than by any other misguided strategy. Today, investors are really spooked.