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Commodities: A Gift To My Children

If you’ve been reading this blog for any length of time, you know that I’m expecting to see the stock market take another plunge. So where are we to invest? Commodities, that’s where. Commodities like gold, silver other precious metals, oil, natural gas corn and sugar can not be printed in a few minutes or hours. It can not be manipulated as easily as any government currency. The Federal Reserve is printing money like they’re Kinko’s or something.

I’ve been building up a nest egg of commodities for sometime. It’s not something I’m doing because of the current situation of the U.S. economy (actually I’m am buying more than I’ve done in the past), I’m doing it for my children. My daughters are teenagers and soon enough they’ll be on their own looking to make it in this world. who knows what the world currency is going to look like in just a few short years. If the United States doesn’t do something now to solidify their financial sovereignty, who knows how things will be. Right now oil is traded in U.S. dollars and China and the United Emirates are discussing reducing their holdings in U.S. dollars and not using the dollar has a the way to trade oil.

So what should you be buying? Gold and silver are the best things at this moment that average investors could and should be investing in. Gold is trading this morning at $1,518 an ounce and silver is trading at $34.74 an ounce. I know you’ve heard the advertisments, seen the ads and listened to the stock news programs stating that we should be buying gold and silver. So have you been buying gold and silver? If you haven’t, remove your head from your butt and do so. Yes gold was trading at less than $1200 on ounce last year and silver was going for about $12 an ounce, but they’re going to be much higher next year so don’t waste time.

There’s a new book out from a man who retired at the age of 37 after making his money the old fashion way…he earned it. Jim Rogers worked as a young kid and a teenager, to investing his money in the markets. His new book, ‘A Gift to My Children A Father’s Lessons for Life and Investing’ helps us prepare our children for the trouble times that are coming in the near and the distant future. Jim discusses the troubled times ahead for the U.S. dollar, he actually believes it’s “doomed”. The book is a great source for teaching our children about investing and other life lessons they’ll need to survive in this world.

Click the book to view or purchase.





I’ve been showing my girls how to trade stocks, look into real estate investments and investing in precious metals. This book helps to bring the message home about how important it is for parents to teach their children how to prepare for the future. I feel that too many of the younger generation is not aware of how to be financially savvy. Especially since the public school system doesn’t have time to teach the students how to balance a checkbook, nevermind invest in themselves.

So pick up Jim Rogers’ book ‘A Gift to My Children A Father’s Lessons for Life and Investing’ at Amazon or any bookstore. You won’t be disappointed.

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The DOW Closes Above 12,000

With the DOW climbing 148 points today and closing at 12,040, many are wondering if it can sustain this level. The DOW hasn’t closed above the 12,00 level since June 2008. It’s been a long two and a half years to get back to this level, but are we out of the woods yet?

I’m no expert, but I will say that any average Joe can see that the economy has not recovered no matter what the “reports” say. I travel a lot and where ever I go, I see many establishments that closed in 2008 and to this day most of them are still vacant. I know in the county I live in, the unemployment rate is nearly 14% and the state’s level is “projected” at 10.1%. I say “projected” because who are they trying to fool with that report? How many people are no longer collecting benefits and are still unemployed? They’re no longer being counted which according to realistic estimates, puts the national rate some around 18%-19.5%.

What about the housing market? The average home prices are starting to stabilize, but no one is ready to get out there and start buying property again. A report was released this week showing that over 11% of the homes in America unoccupied and more people are looking to rent than to own.

One thing we can see from over the last two and a half years is which companies were strong enough to weather-out the storm. I’ve been able to see some small cap companies grow in value at a steady pace with expected pull-back from the profit takers, only to continue the climb up. There are others that I’ve recently discovered that look to be contenders in a couple of years.

For the last few months I’ve been sitting on the sidelines watching the market. I’m not confident with the markets, the economy or the government at this time. Yes I have missed some good gains in stocks that I was invested in, but I sleep better just sitting it out right now. I love the stock markets and will always be involved with it, so for now I’ve been looking at some short/long term (2-4years) small caps that I will be investing in soon enough. I’m just waiting for a healthy pull-back (6%-9%) at then I’ll make my trades.

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Which Stocks Does Your Mutual Fund Hold?

Mutual fund holdings are vital information to fund investors when evaluating a manager’s performance as reported. Without knowing what a fund’s holdings are, investors can neither fully appreciate why a manager has performed well, nor can they thoroughly come to grasp about any poor results. Even if a fund is doing ok, investors may decide that the fund investments are overlapping with their other portfolios or not in line with their own investing goals and want to relocate the money elsewhere. But without access to a set of complete information on a fund’s portfolio, investors are basically kept in the dark and can’t decide for themselves on any of those personal investment decisions.


What Does the Law Require
By law, mutual funds are required to release complete portfolio holdings only twice a year. For actively managed funds, in the interim of 6 months, their holdings could have been turned over many times and the information at investors’ hands can never be real time, live feeds, considering today’s online technology has made instant exchange of information nothing but possible. In fact, the decades-old securities law enacted such a rule because of the concern that fund companies couldn’t afford to mail out a report every day.


Objection to Frequent Portfolio Disclosure
Chief concern among mutual fund companies is that timely portfolio updates of fund holdings can tip off their intentions to the market. It may cause potential front run on a fund where other traders can buy shares ahead of the fund and drive up prices, while the fund is still taking the time to build up positions in a stock. But supporters of full, on-time publication of portfolio holdings argue that the hidden reason why funds are reluctant to do anything beyond what the law requires is that managers might be concerned about revealing questionable trading practice in any disclosure. Funds do a lot of window-dressing trading close to quarter end to boost performance and increase management compensation.


Other Concerns by Financial Advisers
Some financial advisory don’t think that requiring more disclosures of a fund’s holdings is a good idea. They contend that overwhelming information can lead investors to losing their long-term focus and becoming obsessed with fund trading. The advantage of having accessible information as claimed by some investors may be overblown. They also observe that people who are trading stocks and looking for ideas are more interested in getting a first look at a fund’s holdings.

Amid all the conflicting viewpoints, some mutual fund companies are stepping up to make more frequent disclosures on their portfolio holdings. More quarterly updates are now available, with monthly reports on top holdings. To the delight of some investors, a fund named OpenFund lets investors view active trading on its website, while others post weekly trading commentaries by fund managers. A standard monthly reporting ought to be possible if the idea of leaving out sensible trading information is made to consensus.

What happened to the stock market today?

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