EZ ETF System Mid June 2012 Performance
The world waited for the results of the Greek election through the beginning part of June, The election turned out to be less of a decision point than many people expected. The three bond ETFs in the portfolio are down just a bit of money, losing a total of .46% since we purchased them on [...]
The Top 5 Components of a Smart Investing System
Do you make these 5 investing mistakes? So many people make several mistakes which can suck the profits right out of their account. These mistakes aren’t commonly known – but they steal profits just the same. Even worse, sometimes it seems like the entire investment industry is out to force people to make these mistakes [...]
All Roads Lead to the Trillion Dollar Coin
With John Boehner actively trying to destroy the U.S., why not mint a trillion dollar coin? A few open questions – how big should the coin be? Should it be gigantic, or tiny? I like the gigantic coin, but good arguments can be made for the tiny version of the coin. Who should be on [...]
Why Do We Keep Creating Banks?
(reprinted from Modern Monetary Realism) We’ve had a bit of discussion about banks a few weeks ago. I was thinking a bit about Taleb’s statement about the banking system: “Banks are not net profitable if you consider their entire history.” It’s a provocative statement, and probably true. Banks need bailouts over and over again. But [...]
2 Well Known Ways to Beat the Stock Market (and the Unusual Method Everyone Missed)
It’s really not that hard to beat the stock market – but you do need a consistent system and plan. There are two tried and true ways to beat the stock market: Value Investing and Small Cap investing, both beat the stock market. But there is an unusual way to beat the stock market – [...]
Monetary Policy Distortions
(article written by Michael Sankowski, reprinted from Monetary Realism) Over at Naked Capitalism, there are two interesting posts up, and I’d like to point out an important link between them. One is an interview with Jamie Galbraith “Finance as Wealth Transfer Mechanism” who says this: “The act of extending credit – a macroeconomic force – [...]
Is Inflation Worse than Deflation?
The economy seems to be getting a bit stronger, but jobs are still being lost. Last month’s unemployment rate was still over 8%. We need to add 150,000 jobs a month just to stay steady with population growth. Even if you can get a job, many of the new jobs pay less. Also, people are [...]
