The Mission Of The Silver News Surfer Has Always Been & Will Always Be – To Preserve Your Wealth, Protect Your Purchasing Power and Create Generational Wealth!
May Health Wealth And Success Be Yours!
Be sure to check back tomorrow… I have something amazing to share with you… Here is a hint:
Remember the TV commercial where someone was walking in one direction with chocolate and someone was walking in the other direction with peanut butter and they crashed into each other and BAM! The Reece’s peanut butter cup was born?
This is very much like the same thing – Two great flavors in one! Come back tomorrow to see what the heck I’m talking about!
Meanwhile, here are some links of interest I thought you should see…
Hathaway – Einhorn, Singer, Klarman, Gold & Lunatic Policies – All of these guys have been extremely successful at investing and investment management, and yet they are all saying the same things regarding the dangers of the systemic risks. What these guys are pointing out, to me, is the ultimate rationale for owning gold.
THE 2014 GOLD SERIES: PART 2 OF 5 A Visual Presentation
What has been the Safe Havens Since The Great Financial Crisis – and what will they be going forward? For individuals and investors, it seems a safe bet to be prepared in the “no safe haven era” with physical gold in its possession, outside the banking system. That is the ultimate safety on counterparty risk, which cannot be provided by any other safe haven.
Here They Go – Buying At The Top Again…
Small investors have a knack for being in the wrong place at the wrong time. They are always chasing after yesterday’s winners or running away from yesterday’s losers. Here they go again.
Last year, the S&P 500 roared ahead 32%, including dividends, and while small investors should think about pulling back, the Wall Street Journal reports that in March, stocks accounted for 67% of employees’ new contributions to retirement portfolios, the highest since March of 2008.
Unsurprisingly, it looks as though retail investors are following their tried-and-tested but never abandoned mantra again: “Buy high, sell low.” The big move upward looks like it’s behind us, and the little guy is—as usual—late to the game. On average, the stock market has flattened out this year. Blue-chip indexes are up slightly, but the Nasdaq and small-caps are down modestly. Speculative small-cap stocks are plunging relative to large-cap stocks.
So while the Dow is hitting all-time highs, retirement savers have their largest exposure to stocks in more than six years. In March, stocks made up 66% of the assets in the 401ks surveyed by Aon Hewitt, a company that tracks retirement accounts for over a million people at large corporations. That percentage is up considerably, from 48% in February 2009.
Many conservative investors regret earning nothing on their bond portfolios over the last five years, and now they’re piling in to make up lost ground. But keep in mind that when the stock market peaked the last time, in October 2007, investors put 69% of new 401k contributions into stocks—just in time for a catastrophe. The S&P 500 went on to lose 57% of its value by March 2009.
Thanks to the Fed’s easy-money policies, retirement investors have forgotten about the shellacking they took. If you are one of those people (or know someone) who is sitting on cash and getting ready to pile into stocks, you must read investment veteran David Hunter’s timely piece below. He reminds us of how the last five stock market cycles ended and makes a compelling case that the current bull market is not just beginning, but is exhausted.
Courtesy of Casey Research