Where I have made a mistake was that Mr. Modi campaigned that he would do all sorts of reforms, but for some time he did nothing. I was disappointed by his inaction and so I sold out my Indian shares. I should have been more patient. (WisdomTree India Earnings Fund ETF (EPI), BSE Sensex)
Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Wednesday, April 26, 2017
Monday, April 24, 2017
Not Jumping Into Markets Making All-Time Highs
I own markets like Japan (iShares MSCI Japan ETF(EWJ)), China (iShares FTSE/Xinhua China 25 Index ETF (FXI)) and Russia (Market Vector Russia ETF Trust (RSX)) that are not making all time highs and if the rally continues I hope I make a little money as well but I am not jumping into markets making all time highs.
Indian Stock Market: Not Wise To Jump Into A Moving Train
The Indian stock market is not cheap. I do not like to buy things that are going straight up, making all time highs. As I have seen many times in my life, when people jump on a moving train, you are probably going to get hurt. (WisdomTree India Earnings Fund ETF (EPI), BSE Sensex)
Friday, April 21, 2017
The Next Economic Crisis
When the next crisis comes, it is going to be the worst in our lifetime and I am probably older than you are, it is going to be the worst crisis in my lifetime.
Thursday, April 20, 2017
Eventually Gold Will Move Much Higher
Eventually Gold will move much higher. Through out history when people lose confidence in the government or in the currency, they always go to gold and silver. (iShares Silver Trust ETF (SLV), SPDR Gold Trust ETF (GLD))
Wednesday, April 19, 2017
Trump Will Debase The U.S. Dollar
Mr. Trump has said that the U.S. Dollar is too high, he is going to destroy and debase the U.S. Dollar.
Stock Market, U.S. Economy & Trump
He promised that he was going to get American companies to get all the money that they have deposited off-shore with tax incentives but so far any of that has happened and that is one of the things that made the stock market go up. So far, none of that has happened and the economy continues to get worse. (SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), Russell 2000 Index ETF (IWM)
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