Friday, January 15, 2016
Tuesday, January 12, 2016
(and I should get back to posting here...things are getting interesting / scary once again)
Check out this interview with Jim Rogers.
Tuesday, January 15, 2013
Decision Time Once Again
So what was the big issue in the last bubble.....well, how about a debt that could not be sustained. That debt was in the hands of home buyers and that was then semi-transfered to banks and the government when homes went into the toilet.
But did we mop up that debt and get everything back in balance.....well, not really. In fact, I would say that you can not fix a problem of debt by adding even more debt. So I would say that we have essentially papered it all over for how.
Now what? Well....I think we have been blowing up another bubble....the bubble is now in our currency.....we have printed money like drunken sailors.....and if we are nor on our toes, it will fall on us like a lead balloon!
So now what? What do we savers invest in? Our money gets nothing in the bank, and I fear the money printing will cause inflation! What do we do to escape that?
Well....how about creating some sort of productive capacity....how about owning a business?\
That is what I think the best protection against the loss of savings, the development of a productive capacity....a skill or kind of useful work that people would pay for. We will see money printing taking a toll on the evaluation of our money.....that is, we will see inflation.
With our county is looking for is productive capacity....a skill or job that is in needed and people would barter for. Having a skill will be a good trade for the goods and services of all
Saturday, February 18, 2012
At that point I can see why people resisted getting excited about it all....but we have just survived a problem decade, are living with an imploding Europe as I type and have our debt problems staring us square in the kisser.....the TIME IS NOW for action!
Now what? I suggest we deal with out problems and not bury our heads in the sand.
As for what we personally do besides vote for people addressing things.....I suggest diversification of assets and around the world!
Saturday, October 29, 2011
Another interesting video and some of my thoughts on investing.....
Watch the video and then continue down to some thoughts I have on this, and how I am thinking about the future and my own savings capital.
Well, I also believe the USA will continue our slide and continue to lose our importance in the world. This will result in higher prices because of our slipping dollar and our slipping value to the world.
So what to do.....first, it depends on how we pull ourselves out of what I think of as the 'Occupy X Inequality". I think the Occupy Wall Street simply want to strip the wealth from anyone who has it and give it to anyone who does not. If this is the way the country decides to go, then the obvious answer is to get out of dodge.....not so much flee the country, but make investments elsewhere where things might be sheltered or hidden from the grabbing claws of those doing the "redistribution"....I hate to think like this, but I also think I have done the right thing over my life in saving, and my gains are in no way "ill-gotten".....so like you would expect anyone to do, I want to keep them.
Having said that, I hope the government tries to try another tack....let's try to "grow" our way out of things.....let's make jobs by giving incentives to business in areas we so badly need.....areas we might be able to lead the world in.
So I am thinking I need to convert my savings to some sort of business....what that is, I am not sure.
Energy is something I think we will all see changes to in the future....I am thinking about some sort of wood pellet business. Perhaps dove-tail that will a recycling gig....but I don't want to get too deep into something I have not fully grocked out.
But the concept is the same.....to make money, one needs to take risk, and to add value. The value I see for the future is to create something....and create a business around that which adds value. (here and abroad...)
Saturday, October 15, 2011
Then there is this video, explaining the debt crisis in Europe..... :-)
Then there is the video on the Crisis of Credit.....explaining the cycle we have when the credit system fails.
Now what am I doing......where have I been!?!??
But, I have never left my life of following the investment world, the economy and the employment scene.
Oracle Corporation.....so honestly, things have changed significantly since they bought us, but for the most part, for the better. We are making money and that was tough for us when we were Sun Microsystems.
My investments have changed a bit too....I added a 2nd Financial Advisor and I have taken some of my money under my own wing. No, no...I am not day trading. No, I simply play in a different arena, and a place I can't find an advisor to play in so I do it to broaden my diversification.
Without using money, let me toss out my investments as they sit today.
Invests in Bond and Equity funds
- 70% Bond Funds
- 20% Equity Funds
- 10% Cash
Invests in three different REITs and Annuity of Equities and Bond funds (started as a 50/50 split and I consider the REITS to be my toe into real estate)
Holds about 20% of my investments
- 70% in Bond Funds
- 30% in Equities including maybe 15% in Oracle Stock
- 70% of it are in currencies or CD's in other currencies
- 30% of it is in Gold
- Brazilian Real
- Swiss Franc
- Australian Dollar
- Chinese Yuan
- US Dollar
I feel I have been doing well...but I also feel inflation is low. I worry that inflation is really on the rise, and staying still means losing. Also, I think the future of taxes is uncertain.....let me revise and extend that remark, I think it is more certain that I'd like to think....TAXES for people who have ANY money will go up. They have to, because our country is in debt people w/o money can't exactly pay. (makes me feel STUPID for being a saver at times)