Everyone wants a create content on TikTok account, generating an instant fortune but reality is a harder truth. Elsewhere, making a prediction on anything that moves in our show business is easy but in reality, the forces that drive financial market behavior are unpredictable and relationships between assets are fluid. The algorithms are selling because…
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The importance of asset allocation
On a volatile global stage, asset allocation is an essential decision that investors will make on their journey of investing and growing their wealth. Asset allocation is a fundamental tool that aims to balance risk and reward by apportioning a portfolio’s asset classes according to an individual’s goals, risk tolerance, and investment horizon for long-term…
Preparing for the next Great Depression
I’m “free” that I can write about anything as long I think it is realistic and can help my investors make some money to pay off their bills, enjoy their retirement, and the list goes on. I do not have the pressures of a broker, or a magazine, or TV channel that relies on revenue…
Looking for clues
For those who are obsessed with numbers, a whopping 336,000 jobs were created in September, much stronger than the +170,000 expectation, and the biggest gain since January. Once again, the ADP report for last month proved to be a false flag. Private payrolls also jumped by 263,000. Importantly, and reversing the previous trend, two-month revisions were…
To invest or not to invest
“If interest rates are so high why should I invest my money?” I was recently asked by two prospective clients, who are both in their mid to late fifties, to prepare recommendations for them as they are looking to invest. Some investors are reluctant to put money to work with banks offering a more competitive…
Bond meltdown
In case you just got back from a long vacation, investors have been whipsawed as both stocks and bonds were destroyed. Never mind about stocks which are more “volatile” than bonds, the losses in long-duration bonds have now exceeded -50% from the top in what is supposed to be an ultra-safe low volatility asset. This…
Patience is a virtue
Thousands of years ago, before the use of horses, Native Americans utilized a hunting technique that preyed on animalistic instincts. This technique was called the buffalo jump. Hundreds of buffalo could be killed at a time without the use of weapons. Tribesmen would set up a path lined with piles of rocks and tree stumps,…
Winter is coming
The recent spike in oil prices will be a headwind for the inflation numbers to be released in the near future. Some investors are not always rational, and an ugly-looking chart for inflation is going to generate some fears which will lead to higher volatility in the markets. At this point in time, I would say…
Back to school
Over the last couple of weeks, I have presented at several private meetings for investors and urged them to think outside the mainstream. No obligation and lengthy sales pitch. With each session triggering a flood of requests for additional meetings. Many investors are drawn to investments that deliver consistent performance with lower volatility, and it’s…
Booming luxury market
This article from CPP-LUXURY caught my attention while I was plotting data on the terminal. Luxury brands often maintain their appeal over time, even in challenging economic conditions. Beyond China, consumers in other Asian countries are becoming wealthier including India. Given India’s growing economy, large consumer base and improving business environment, luxury goods companies are…