The FREE Investment Newsletter That Really Works!
The most common description of a portfolio, is a bunch of investments designed to bring you a profit. But I argue that investments don't always have to be for profit, they can be for material return.
What I'm getting at, is that when things are fine, and all is well, then buying stocks and bonds and CD's etc, are an excellent way to grow your wealth. But, when times are bizarre as they are becoming daily, maybe some investment in "things" starts to make sense. We see what's happening in Venezuela, and we see people hunting for food in dumpsters. Those people would much rather have a fridge full of food, than a bank account.
Consider "investing' in things that can get you through a tough time. That's a worthwhile portfolio.
We also talk about the market of course. The S&P is edging ever closer to that 2800 level, an area that has served as stubborn resistance in the past. Will it get through and challenge the all time highs?
That's a great question, and one that I think will get answered in the next couple weeks. Stay tuned!
In this weeks letter we talk about the loss of freedoms that we've experienced since Adams and his cronies put the Declaration of Independence in action. Then, in the market commentary we consider the second half of the year and why it might very well end lower than it is right now. ( hint, it's all about the central banks and the BIS just said something disturbing)
Today's free letter is posted and in this one, I start off telling you all how humbled I was from someone that made a "donation" to our site to keep the letter free. Humbled because of the size of the donation, and why he made it. I share the story. Then, we move on to what the market might bring us in January
Have you heard of the January effect? It's pretty real, but it doesn't always happen. So while there's a good chance the market blasts higher as new money rolls in, we also have the folks that might want to do a bit of profit taking in the new year, because they won't have to pay taxes on that money until 2019. If they sold their stocks today, they'd have to pay in April.
So give it a read, and I hope you like it.
Okay, now that we know what a stock exchange is, how does one go
about buying a stock? Can we just call up IBM and say, "Hi, I would
like to buy 100 of your shares?" No, we cannot do that. What we
need first is someone called a broker,