By sanserve on March 26, 2009
“The Big Takeover” by Matt Taibbi is probably the best article written to date explaining the financial crisis and how we got to where we are now. Taibbi’s necessarily lengthy article explains the problems, names the “poipetrators”, and exposes all of the conflicts of interest— absolutely a must read. AIG, Goldman Sachs, and J. P. [...]
Posted in Investing
By sanserve on March 11, 2009
Now more than ever, you can appreciate the need for comprehensive investment education. All of a sudden, fifty percent of your nest egg has disappeared— and the bad news? There never was a plan for income generation. Ouch! Dwelling on coulda’s, woulda’s, and shoulda’s isn’t going to rebuild your portfolio. Attempting to become proficient in [...]
Posted in Investing
By sanserve on March 1, 2009
The purpose of IBOR is to protect financial markets and to create self-sufficient investors who produce economic growth instead of government deficits. IBOR standards create transparent financial markets, regulate speculation, and protect retirement portfolios. Here’s a Summary: Section One: Product Transparency. All investors have a right to see precisely what securities are inside any investment [...]
Posted in Develop Your Skill
By sanserve on February 13, 2009
Contrary to popular belief and Wall Street propaganda, investing is not a competitive event. Rather, it is a uniquely personal, goal-directed activity that individuals must organize and control for themselves. Too few appreciate that it is a long-term enterprise and only a handful, at best, have discovered that DJIA and S & P 500 numbers [...]
Posted in Develop Your Skill
By sanserve on February 4, 2009
No investor should ever be surprised by the changes in market value that appear on his or her monthly brokerage account statements. In general, media noise throughout the month should lead to a feel for what has been going on and investors should understand that the market prices of investment securities are constantly changing. No [...]
Posted in Develop Your Skill
By sanserve on January 28, 2009
More than fifty years ago, LaVern Baker & The Gliders, brought Jim Dandy into the fray to lasso runaway horses, dry the tears in little girls’ eyes, and to save special mermaids from the hooks of villainous fishermen. (Black Oak Arkansas’ rendition on You Tube will help you understand what your parents and grandparents survived.) [...]
Posted in Develop Your Skill
By sanserve on January 21, 2009
One of the great things about being a professional investor is the opportunity one has to apply his or her long-term experience to the investment environment that is unfolding (or coming unglued) in the present. If nothing else, most successful investors develop a consistent strategy that allows them to take advantage of short-term changes and [...]
Posted in Develop Your Skill
By sanserve on January 13, 2009
The Working Capital Model (WCM) is an historically new methodology, but with roots deeply imbedded in the building blocks of capitalism, and financial psychology— if there actually is such a thing. The earliest forms of capitalism sprung from ancient Roman mercantilism, which involved the production of goods and their distribution to people or countries around [...]
Posted in Develop Your Skill
By sanserve on December 27, 2008
Most people enter the investment process tip first. They hear something, grab an idea from a popular blog, accept a Cramerism or some motley foolishness, and think that they are making investment decisions. Rarely, will the right-now, instant-gratification, Internet-generation speculator think in terms that go beyond tomorrow’s breaking news. It just doesn’t work that way [...]
Posted in Develop Your Skill
By sanserve on December 18, 2008
Thirty Billion Dollars is a huge amount of money, but it translates into less than $100 per US person— a small price that we should all be willing to pay to give the Automobile Industry time to restructure itself and to save a few million jobs. Give them the green, but have them pay it [...]
Posted in Develop Your Skill
