Eventually The Junk Bond Market Is Going To Collapse

I know that the junk bond market is going to totally disintegrate someday but I'm hopeless in market timing. I know it's going to fall apart someday but in the meantime because my market timing is so hopeless I'm losing money but eventually the junk bond market is going to collapse. (SPDR Barclays Capital High Yield Bond ETF (JNK), iShares iBoxx $ High Yield Corp Bond (ETF) (HYG))

The Most Dangerous Words In The Investment World

You see throughout history all bubbles look the same, all market tops look the same, all credit tops look the same. You have to get the timing right of course, but when you see everybody buying X you have to start saying well, wait a minute, I've seen this before when you see everybody saying it's different this time but it's never different this time.

The most dangerous words in the investment world are it is different this time. It ain't ever different this time, you know. I'm not the first person to figure that out when you see on the radio or the TV or the internet that everybody is doing something I hope that a little bell goes off in your head and says well, maybe it is better to start thinking about going the other way.

Are Great Traders Born?

I don't think you go to school to learn to be a great trader, either you have it or you don't.

India: Large Debts Means Not Being Able To Grow Rapidly

India has a lot of debt, the Indian government doesn't like to talk about them but the debt the GDP ratio is very very high in India and it's getting higher and higher and higher that usually means you cannot grow at a rapid rate. (WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Emerging Markets Index ETF (EEM))

The US Dollar Is Going To Get Overpriced

The US dollar is going to get overpriced and it might even turn into a bubble as the turmoil gets worse and worse. At that point I hope I'm smart enough to sell my US Dollars and buy something else.

How To Look For Potential Investments

You look out the window, you look at the market, you read the newspapers, you listen to the investor's podcast, whatever. Wherever you see that people are down on something and it's depressed and there may be an investment opportunity there.

Agricultural America is pretty depressed right now as you probably know and maybe it is an area where there's a opportunity but just because something's depressed that doesn't mean you should be investing there because it can stay depressed for a long, long time. You have to find a change that's taking place and change doesn't happen every day. But if you can find something cheap and if you can find a positive change, maybe you should do more homework and find a potential investment.

Gold Is Not A Currency, Just A Commodity Like Any Other

There is no simple answer in the investment world. It's a combination of everything and that's the case with gold and everything else. Gold has been around for thousands of years, gold has had many periods when it's been in a bull market and many periods when it's been in a bear market. It's just another investment. I know that many people think it is a currency but gold is just another investment like everything else, just another commodity like everything else. Go back in history and you will see that gold is just another investment like everything else whether we like it or not. (SPDR Gold Trust ETF (GLD), Market Vectors Gold Miners ETF (GDX))