Thursday, January 1, 2009

Watch these scary and informative videos

I O U USA
US Govnt Immorality Will Lead to Bankruptcy

Comments:

o America is in a long term decline unless something drastic actions are implemented. So far, no signs of return to prosperity given the actions of government not having the courage to do the right things politically.
o Short term dollar and the market may be up. It is almost sure that dollar will fall massively and there will be hyperinflation
o Need to allocate some of your money into gold not just gold stocks but phyiscal gold. Suggest 10% of your networth for "insurance". I use goldmoney.com to invest on physical gold.
o Commodity price will go up. Oil's price is very low now. It should hit $50 from around current $40 within 12 months.
o The almost slam dunk investment now seems to short 7-15 years treasury. It is simply ridiculous that people are investing in Treasures for 2% over 7-10 years. It is a classic extension of fear. To invest, I buy TBT and PST
o Short term stocks may go up. I am looking forward to get back to my short positions again once the market extends itself. The timing is difficult but my style is to test the tops a couple of times until I get it. Normally, I am out with 2-4 % loss. When I strike it is a 20-50% return within weeks.
o Time to conserve cash, reduce debts and invest wisely.
o It is not time to invest in stocks yet but when the time comes probably in 8-12 months, it will be investment opportunity of a lifetime that can carry you through retirement. As to when I do not know but when it is time, I will put it on the blog.

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About Me

An engineer by training graduated with B.Sc (hons) and MBA from Strathclyde university in Glasgow, Scotland. Started as an engineer in R&D for 3 years with Philips. Then, worked with DuPont for 13 years. Last job was VP, Marketing for Asia Pacific. Left to start a number of companies in various segments which include a large electronic distribution, a VoIP provider, an internet trading portal in Australia,and an executive training consultancy firm. Have listed companies in NYSE, Australia Stock Exchange, Singapore Stock Exchange Main Board. I was on the Board of Directors for 1 company listed in Thailand, 1 in Singapore and 1 in Australia. Was in the senior management of a company listed in NYSE. Still holding major share positions in the VoIP and Executive training companies. Both are private companies.

Disclaimer

These articles merely reflect the opinions of this author and are by no means a guarantee of future economic conditions, market or stock performance. Though the author strives to provide accurate and relevant data, he sometimes relies on external sources and cannot assure the reader of the accuracy of these external sources. Additionally, these articles are provided for INFORMATIONAL PURPOSES ONLY and are NOT MEANT to provide investment advice to anyone. For investment advice, please consult your professional adviser.