If you drive on U.S. roads, you probably don’t need to be told – the country’s infrastructure is in pretty bad shape.
As a nation, Americans like to look forward. We prefer to spend our money building new things (rather than fixing up old things). Issues like repair and maintenance are back-burnered for other priorities in [...]
Archive for the ‘Investments’ Category
How to Play the Obama Infrastructure Boom
Posted in Economy, Investments on December 20, 2008 | Leave a Comment »
Five Insiders Give Dire Warnings About China
Posted in Economy, Investments on December 16, 2008 | Leave a Comment »
Because of its rapid economic growth over the last 30 years, it’s easy to forget that China is a communist country. The Chinese, like everybody else, love money. But the Communist party is clearly in control.
One of the areas controlled with an iron communist fist is China’s media. The main TV station, China Central Television [...]
Deflation strikes hard! What to do …
Posted in Economy, Investments on December 16, 2008 | Leave a Comment »
The deflation we’ve been warning you about is here, and it’s striking hard.
Last week, the Fed released a report that sent chills down the spine of economists all over the world, revealing a sweeping destruction of wealth in America.
Just in the third quarter alone, U.S. households lost $647 billion in real estate; $922 [...]
Global decline spells trouble for India’s tech sector
Posted in Economy, Investments on December 9, 2008 | Leave a Comment »
The deadly terrorist attacks in Mumbai, India dominated the global headlines last week. What didn’t get a lot of attention, though, was the reason behind the attacks.
The terrorists attacked the commercial heart of India — Mumbai’s financial district. And I believe their purpose was to destabilize India’s democracy and capitalist economy.
Yet …
India’s [...]
How to Buy and Sell Real Estate with ETFs
Posted in Economy, Investments, Real Estate on December 6, 2008 | Leave a Comment »
If you’ve had your eyes open the last two years, you know that real estate is in a brutal bear market.
Just in October, new home sales dropped 5.3%.
Existing home sales fell 3.1%, according to the National Association of Realtors.
And the latest S&P/Case-Shiller report shows home prices dropped 17.4%. That’s bad enough but in some [...]
The gates to dollar heaven are guarded by skeptics
Posted in Economy, Investments on December 6, 2008 | Leave a Comment »
I was doing some research earlier in the week, and I came across a blog I’d never heard of written by a guy I’d never heard of on a topic that we’ve all most certainly heard of … the U.S. dollar.
It was the same old story that’s been beaten into the ground:
The U.S. [...]
Three big questions to ponder this Thanksgiving weekend
Posted in Economy, Investments on November 28, 2008 | Leave a Comment »
It’s a beautiful, long holiday weekend. I’ve been celebrating Thanksgiving with my family, and I’m sure many of you are also busy with relatives and friends. So I’m going to keep this week’s column short.
Specifically, I’m going to highlight three big questions we should all be thinking about — and offer up my best answers. I [...]
Financial Mayhem to Fuel Gold’s Next Surge?
Posted in Economy, Investments on November 26, 2008 | Leave a Comment »
Last week, I wrote about how our oil-rich friends in the Middle East are buying gold hand over fist. It turns out they’re not the only ones. The latest figures from the World Gold Council show a frenzy of activity in the most recent quarter.
And gold ended last week with a bullish move to the [...]
A Hidden Benefit of Roth IRAs
Posted in Investments, Taxes on November 25, 2008 | Leave a Comment »
With the upcoming holiday rapidly approaching, we should all start thinking about what we’re thankful for. You know, just in case someone at the dinner table puts us on the spot.
I’ve previously told you about the beauty of Roth IRAs.
To quickly recap: They give most working Americans the ability to sock away money, [...]
S&P 500 Crashes Through Bear Market Low! Housing Heads South!
Posted in Economy, Investments, Real Estate on November 23, 2008 | Leave a Comment »
Thursday was a historic day for the market. The Standard & Poor’s 500 Index plunged by 6.7% to 752.44. The bear market low of October 2002 was 768.63 — and we sliced through it like a hot knife through butter.
Stated another way, every last penny of profit an investor earned — even if he bought at [...]
