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Wealth Building Strategies

The Remarkable Early Years of Warren Buffett

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Posted by VisualCapitalist.com

on Friday, 15 December 2017 06:54

For most people, the “Oracle of Omaha” needs no introduction. With a self-made net worth of $84 billion, some experts consider the 87-year-old to be the greatest investor of all-time. 

Despite his incredible achievements and decades in the public eye, the modest Midwesterner is frugal, relatable, and full of humility – and his life story is an endless source of lessons to aspiring business professionals around the world.

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Today’s infographic, which is done in partnership with finder.com, is Part 1 of the Warren Buffett Series, a five-part biographical series about the legendary investor. 

The Warren Buffet Series: The Early YearsComing soonComing soonComing soonComing soon



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Wealth Building Strategies

Eric Sprott - The Gold Market

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Posted by Eric Sprott via BullionStar Perspectives

on Wednesday, 13 December 2017 06:14

In this interview, Mr. Sprott shares his thoughts on the gold market, distinguishing between the paper market and the physical market and the current market dynamics. Eric concludes the interview by sharing advice for both new and experienced gold investors alike.

This interview was conducted in November 2017 during BullionStar's participation at the Precious Metals Investment Symposium in Melbourne, Australia.

For more precious metals related interviews with known gold proponents such as e.g. Jim Rogers, David Morgan and Chris Powell, go to BullionStar Perspectives.

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Wealth Building Strategies

Gundlach’s Top ETF Recommendation

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Posted by Robert Huebscher - Advisor Perspectives

on Thursday, 07 December 2017 06:43

The money to be made is in non-U.S. markets, according to Jeffrey Gundlach. For long-term investors, he recommends a specific ETF.

That ETF is INDA, the iShares fund that tracks the Indian equity market. He singled out India because of the growth of its workforce and its tradition of education and technology.

“It could go up 1,000% in the next 20 years,” Gundlach said, “just like China did.” INDA is up 32% year-to-date and carries an expense ratio of 0.71%.

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Gundlach is the founder and chief investment officer of Los Angeles-based DoubleLine Capital. He spoke at the Schwab IMPACT conference on November 16. His talk was titled, “2017: At the Home Stretch.”

I’ll go over what he said about the global economy and why he believes emerging markets are a compelling opportunity, along with some “insane” developments in various asset classes.

The global landscape

This has been a very easy year for investors, he said, with no volatility in bonds, although short rates have gone up. The S&P is up 17%, but he said investors would actually have been unlucky to have over-allocated to it, since some of the emerging markets have performed better.

....continue reading HERE

...also:

2018 Global Market Outlook: Running with the Bulls



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Wealth Building Strategies

The Unprecedented Moneymaking Potential of This New Technical Pattern

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Posted by Money Morning

on Wednesday, 06 December 2017 07:19

While everyone's been talking about the Dow's third major milestone this year – breaking the 24,000 mark – I'm focusing on something else…

You see, there's a new technical pattern forming in a couple of department store stocks. If it's true and you catch it at the right time, you can make a lot of money.

But timing is everything because this pattern is a tricky one.

Make sure your kids aren't looking over your shoulder trying to read this educational piece. If you are the squeamish type, you may not be able to get through this article in one reading. I'm going to teach you a new technical pattern with a not-so-happy name.

Let's examine the profit potential of this macabre-sounding pattern that may be taking place on a couple of department store stocks…

The Dead Cat Bounce

The pattern gets its name from an old saying among traders that "even a dead cat will bounce if dropped from a high enough level."

And the same for goes for stocks. Well, it goes for stocks when you're interested in a short-term recovery-type trade, which is great for a quick profit.

A dead cat bounce (DCB) is the type of pattern that usually forms after a sustained drop in share price, let's say six months to a year. At that point, the stock may become a turnaround candidate with the potential to be a nice performer over the long haul. But that's just potential…

The stock being observed is still one that had a significant drop in share price over a long period of time.

These stocks are generally trading at or near a year's low in price, so to expect them to just bounce back to previous all-time highs or start making new highs is actually not that realistic.

The term "bounce" in the name of the strategy signifies to me this will be a somewhat sharp or quick upward move. After a stock soars again, it's not uncommon for it to fall back to Earth. In fact, it's generally likely.

It may bounce a few times at this low and start hammering a lengthier bottoming-type technical setup like a double or triple bottom, a rounding bottom, or a cup-and-handle pattern.

But it first has to bounce, and the dead cat bounce is the first pattern to watch for when stocks are at significant lows. We use it to profit from the short-term recovery of a falling stock.

A Look at Macy's

Macys


The "E" I circled indicates Macy's Inc.'s (NYSE: M) most recent earnings report.



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Wealth Building Strategies

The True Meaning of Bitcoin's 'Success'

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Posted by Michael Ballanger- Streetwise Reports

on Tuesday, 05 December 2017 07:21

In the year 301 AD, the Roman unit of barter was the denarius, which had originally been 95% pure silver when introduced by Augustus at the end of the first century BC but by the time of Diocletian's rule, it had moved to 50,000 denarii to a pound of gold. Ten year later, it took 120,000 denarii to buy a pound of gold and by 337, that figure was 20,000,000. What had occurred in a mere 400 years was that a slow and agonizing erosion in the purchasing power of the Roman currency accelerated to full fiat disintegration and that complete and total disregard for the denarius was attributed as one of the underlying causes of the Fall of the Roman Empire. Nothing was more evident in the underlying rot permeating Roman society, economics and national security than the refusal by the Barbarian armies to accept anything but gold as payment for their leaving the Roman legions alone. Rejection of the currency of the Roman Empire was complete and irreversible.

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One of the omens of impending inflationary spirals is the tendency of those individuals controlling large swaths of wealth to reject any form of "savings" in the form of bank deposits or interest-bearing certificates. They choose instead to jettison cash or cash-equivalent instruments because of a loss of faith in the ability of local currencies to retain purchasing power. We have seen this over the ages from Weimar Germany to Zimbabwe and now Venezuela, and where gold and land were generally the tried-and-true assets of choice for those wishing to protect their wealth from the insanity and irresponsibility of governments, today in 2017 with the advent of technology and its attendant curses and wonders, the wunderkind of today have actually created their own receptacle for frightened wealth and that is the true meaning of Bitcoin and its incredible "success."

When the chief technology engineers sat down ten years ago after watching the global bankers vaporize the financial system and then turn right around and "save" it through a massive and globally coordinated counterfeiting racket, they determined that anywhere government has control over money (as in the banking system), there could be no certainty of anything responsible or prudent whereas there was absolute certainty that corruption would exist at a systemic level. Therein lies the reason for the invention of blockchain technologies and the best-performing "asset" of 2017, Bitcoin, which is ahead an astonishing 1,000% year-to-date spurring the creation of hundreds and hundreds of "wannabes" being trotted out as heir apparents.

Traditionally, investors moved to the old saws, gold and silver, as safe havens for decomposing currencies and as recently as this year, we have witnessed the efficacy of wealth preservation as Venezuelan citizens that moved their savings to U.S. dollars from the bolivar avoided the most hideous of outcomes as the bolivar collapsed. This is precisely what occurs when confidence sinks to zero and hoarding of staples escalates. 



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