The FREE Investment Newsletter That Really Works!
In today's free investing newsletter, we start off with a review of the weekend's "field day" for ham radio operators. As you might or might not know, when there's a serious emergency such as a hurricane, often it is only the short wave operators that have the ability to communicate. Cell phones and land lines are often down for days and even weeks, but a proper short wave set up can always operate.
So this past weekend the wife and I went to a local club to see how they set things up in the case of an emergency, and we had a blast talking to the people and checking out their equipment.
In the market commentary, we talk about this manic market, where it can start off the day with the DOW gaining 285 points and end the day in the RED by 165. For 6 solid months now the market has bounced, dropped, popped, dipped, and gone totally nowhere. Now we have the DOW below its most important moving averages, and the S&P has failed its own 50 day. Is the end near? Are we going to bounce, or see a roll over? We discuss that and more.
Good evening all, welcome to this edition of the free investment newsletter. Today we're talking about Norway and their enormous sovereign wealth fund, and the fact that they've been directed to increase their stock holdings to a whopping 70% of their holdings.
Think about that for a minute. When you buy a stock, you're worried about the price, the "value" the P/E, etc. When these guys buy this is what they say, and I quote " We don’t have any views on whether the market is priced high or low, whether bonds and stocks are expensive or cheap,” he said in an interview after presenting second-quarter returns in Oslo on Tuesday.
Well there you have it. This guys going to be buying 275 million a day in stocks, and he couldn't care less if the stocks are overpriced or not. Unreal.
Then in the market section, we talk about the "levels" we'd need to see to continue thinking we have more highs coming. We put out the specific numbers we're watching. Give it a read, it's valuable stuff.
Today's free investment newsletter is posted and today we do an in-depth tutorial about selling puts. We discuss what a put is, and why someone would want to sell a naked put, versus buying a put. We discuss the risks, the rewards and a couple ways to play it. Like any investment that offers an oversized return, there's an oversized risk, but that risk can be managed properly.
So if you've ever seen the commercial where the broker and his client are talking and the broker says "well, we might consider selling a put", and the client says "That sounds interesting".... you'll find out what's interesting about it in this weeks free investing newsletter.
In Today's Financial Intelligence Report, which is our free investment newsletter, we talk about several things, all of them important. In fact, I mention in this letter that in a couple weeks I'm going to publish an article that I think might be the most important one I've ever written. I also talk about the move towards a cashless society, the possibility of War with Iran, and a handful of other interesting topics.
I also mention the possibility that I might allow a one week period where people can buy a lifetime of our subscription service, for just 600 dollars. I did that deal once, when Hurricane Sandy knocked down our Jersey Shore house and I knew I'd be distracted during that year.
I mention possibly offering it again, because I feel very strongly that unless we thread a very fine needle, profound changes are quite possibly coming at us, and some of them could be really ugly. I'd like you all to be getting communications from me during the rough times if they do come. So check out today's letter, it's a free investing newsletter. I don't want your credit card, I don't want to sell you things. It's a letter. That's all.
There's a lot of news lately about the move towards a cashless society, especially with the moves being done in India as we speak. So this weeks free investment newsletter talks about that movement. BUT and I think this is neat...it is an article I wrote on April 12, of 2013. Yes, just shy of 4 years ago I wrote an in-depth article about the coming cashless society. So I wanted to reprint that article for Sunday, and then on Wednesday we'll explore what's happening in the here and now.