Bill Gross: Assets Are $15 Trillion Overvalued And Fed Will Keep Rates At 0% Forever To Keep The Fantasy Alive

PIMCO's Bill Gross with a great monthly letter. Here are the key points: Over the past 30 years, paper asset prices rose 2X as much as they should have based on economic fundamentals This was the result of leverage The asset price rise in turn pumped up the economy's fundamentals (Soros's reflexivity) The government wants to restore the old normal (2007) not the new normal (slower growth as asset prices return to trend) Therefore... The Fed will keep rates at 0% for at least 18

Book Review – Stocks For The Long Run

Stocks For The Long Run , written by Jeremy J. Siegel, is a great book that as the name suggests, promotes the superior return of stocks over an extended period of time. The very first chart in the book shows the nominal returns of stocks, bonds, bills and gold from 1802 to 2006. While obviously we can’t count on a 200 year investment horizon, the graph is very convincing. Stocks outperform all other indexes by a wide margin, even The Great Depression is only a slight dip on a upward trend. Wh

What to Look For When Opening a Roth IRA

Individual Retirement Accounts (IRAs) are a great way to invest for retirement because they give you the opportunity to invest your money with tax advantages that are more beneficial than investing in a non-retirement account. You can open a Roth IRA at many financial institutions, which is convenient for investors. But each financial institution is not created equally and every investor has different needs, so it pays to do your research before jumping in with both feet. You should assess you

Little reminders of GOODness

I recently discovered a website and I love it (next to terry* of course). I’m not sure if any of you know of it, but I figure the internet’s for sharing so here it is: Good . With a name like that, it’s gotta be [okay I'll refrain from my very lame humour]. I figure I should create a little matrix for moods and meandering in cyberspace. A) You want to be amused and informed: - www.good.is: I am not sure how well known it is but it has some wonderful articles. My favorites being: the

What is Passive Income

Personal finance gurus are always talking about how in order to truly become financially free, you must have enough passive income to exceed your expenses. That’s great, but what is passive income and how do you get it? In its simplest form, income can be broken down into four categories: earned income, portfolio income, leveraged income, and passive income. * Earned income, as you probably figured, is income that requires you to show up to get paid. Money is earned from

OBAMA…..THE UN-PATRIOT

Many call Iraq Bush’s war but steps have ebbn placed in motion that I can only attribute to Obama. Such as not forcing Iraq to sell more of its oil to the US given we sent thousands of our troops there to die while liberating tat piece of shit country. T. Boone Pickens is upset, too. A leading energy developer said the United States has been excluded from Iraq’s revived energy market. ShareThis T. Boone Pickens told Congress that U.S. companies were losing opportunities in the Iraqi

What You Should Know About Your Financial Advisor

Your financial advisor should have “Series 7 registration.” This is the license a person is required to possess by all state and federal regulatory agencies to sell stocks and bonds legally to individuals just like you. Today, anyone can hang out a shingle and call themselves a financial advisor. This tends to annoy those in the field who have spent decades learning how to help their clients prosper; nonetheless, there’s no law against the guy at the gas station touting a mutual fund when you

Twitter Updates for TPA on 2009-10-27

Your communication style fallen flat -lost you sales? Solutions radio show today YOULL LOVE IT12pm EST http://budurl.com/zgum # Technorati Tags: Communication Style , Love , Radio Show , Sales Solutions , Tpa TPA Related Posts Twitter Updates for TPA on 2009-09-10 RT @bendtheweb RSSCloud Makes WordPress Blogs RealTime http://bit.ly/23XUQP Oh, I have mine set up, I am excited to see how it goes! # October Bike Ride for the Paul Anderson Youth Home is the 1st-8th

What Exactly Is Residual Income?

What exactly is residual income? What is the difference between active and passive income? These are great questions often asked by many people. Let me explain it this way, Residual income is that which continues to be generated after the initial effort which created the income has been completed. There are many different ways in earn residual income, and the best ways are those which you have exclusive rights to. These may be more difficult and time consuming to develop or acquire up front

Bishop Williamson on The Church The World

In January of 2009, the Jewish Masonic gangsters at the ADL ordered the Vatican to not lift its excommunication of Bishop Williamson . The Anti-Christ ADL argued that anyone who, “denies that six million Jews were deliberately slaughtered during the Holocaust,” is unworthy of Communion with Our Lord and Saviour Jesus Christ, the Son of God and the Light of the World. In a letter to Walter Cardinal Kasper, the ADL Jew-Cabal threatened to stir up Hell against the Church of Rome if they

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