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. Every traditional investor faces the same dilemma. Shoot for huge returns and you put way…
Weekly breakfast
The widely watched S&P 500 Index recorded its strongest weekly gain in nearly a year setting a decidedly bullish technical tone as signs of a slowing economy and a policy statement from the Federal Reserve or the Fed that was generally perceived as dovish led to a sharp decrease in long-term bond yields. After topping 5%,…
Asia’s rich fail to achieve their objectives
This interesting article by Rupert Walker for Fund Selector Asia may be of interest to my partners and clients. The findings of the Swiss bank’s study reveal a big gap between intentions and actions among Apac’s wealthy families. Here is a section: Wealth preservation and risk aversion are the main concerns of high net-worth individuals…
The investor’s black belt
Tae Kwon Do (TKD) is the art of self defense that originated in Korea. It is recognized as one of the oldest forms of martial arts in the world, reaching back over 2,000 years. The name was selected for its appropriate description of the art: Tae (foot), Kwon (hand), Do (the way). TKD utilizes both…
The Fed is done!
A Reuters story on the Federal Reserve’s latest policy decision landed on my terminal. Well, there was no surprise at all and I actually really wasn’t expecting too much. Indeed, the powerful Federal Reserve kept their rates steady at a 22-year high. As expected, Powell acknowledged the progress we have made so far in returning to…