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Wealth Building Strategies

Marc Faber: Small investors have a huge opportunity to make money

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Posted by Marc Faber - Gloom Boom & Doom Report

on Tuesday, 20 September 2016 08:39

1473337614-8614How long do you see the global central banks continue with their easy money policies?

Marc Faber : Major central banks started with their easy money policies long ago. The first indication of money printing was essentially in 1998 with a bailout via the long-term capital management (LTCM). At that time, I don't think anything would have happened to the system. The central banks printed money massively and deliberately created the NASDAQ bubble. When this bubble burst, they deliberately created the housing bubble that was built on excessive credit growth. And when this bubble burst in 2007 - 08, they started in a co-ordinated fashion to print money by purchasing assets around the world.

The asset purchases by these major global central banks - the US Federal Reserve (US Fed), Bank of Japan (BoJ), European Central Bank (ECB) and the Bank of England (BoE) - have been increasing overtime, though the US Fed has stopped now.

My view is that the asset purchases by BoJ and the ECB will not stop. The balance sheet of the major central banks increased 16 times between 1998 and 2015. So why can't it go up another 20 or 100 times? Money printing is an unlimited action, until the system breaks down.

By when do you see this system breaking down then? Will this bubble created by central bank liquidity across asset classes burst anytime soon?

Marc Faber : The bubble can last a long time, one just needs to increase the size of money printing continuously. As a result, asset prices - stocks and real estate - go up phenomenally. So in essence, we have a bull market across asset classes. However, the value of paper money depreciates, as it has done for the last 30 years. Whatever the central banks do now, asset prices will depreciate against precious metals - gold, silver and platinum.

....read more HERE

...related:

Marc Faber: Dow Could Reach 100,000

 



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Wealth Building Strategies

The 1% Solution

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Posted by Eamonn Percy - The Percy Group

on Tuesday, 23 August 2016 12:04

summary1In 2010, my eldest daughter was preparing to leave for university and I wanted to do something special for her. So trying to be a good Dad, I decided to write her a brief letter on what I had learned over the course of my own career that I thought would be helpful to her. My successes, failures and a few principles that guided my actions. She graciously agreed that it was a good idea and that I should write the letter.

In the letter, I wrote down a handful of principles of what had worked for me, as I had literally gone from the stock room to the board room, and felt that I had some good ideas to offer her. However, when the letter was complete, I read through it and realized that something was missing. While the suggestions were good, it was missing my overarching philosophy or approach to my career, not just the steps that I took along the way. It wasn’t the things that I did in my career, it was my mindset that was important. My approach had been one of a growth mindset and that I believed in developing good habits and constant progress towards worthy goals. So I added to the letter that whatever she does, she should strive to develop good disciplines and habits to help her along the road.



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Wealth Building Strategies

What Was Your First Real Lesson In Leadership?  Here's Mine.

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Posted by Eamonn Percy - The Percy Group

on Tuesday, 09 August 2016 08:58

summary2Table of Contents:

  1. Weekly Blog Post: What Was Your First Real Lesson in Leadership?  Here's Mine.
  2. Business Tip of the Week:  A specific action you can implement immediately.
  3. Ask Eamonn: Each week I answer subscriber questions.
  4. Top 3 Trending: Business stories of the week.
  5. Events: My speaking, panels and other events.

My First Real Lesson in Leadership



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Wealth Building Strategies

A Conservative Strategy To Make 6.65% Annually

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Posted by Robert Zurrer for Money Talks

on Saturday, 06 August 2016 15:49

....or what to do with $15K Inheritance from Grandma

Screen Shot 2016-08-06 at 7.26.15 AMThe specific idea:

1. A a creative conservative investment for those frustrated with low interest rates of 1-2%. An investment in the the BMO Covered Call Utilities ETF.

Why?

1. As of as of July 29th/2016 it has generated an annualized yield of 6.65%  

2. It delivers a tax-efficient monthly income from dividend paying telecommunications and pipeline dividend stocks.

3. The covered call strategy provides a partial hedge against market declines as well as while increasing income.

 4. Its simple. Covered call ETFs make the relatively sophisticated strategy available to individual investors. (the average person usually doesn’t have  the experience or know-how to execute option strategies on their own, and most advisers aren’t licensed to sell options).

How do they play it?

Contact your broker or bank and invest in BMO Covered Call Utilities ETF symbol ZWU (Zebra Whiskey Uniform)
  
Who is this appropriate for? 

This is a conservative investment that ideally should be held for an entire market cycle, which generally lasts 4 years. 

"covered call ETFs should, over a period of five years or longer, deliver returns that are 1.5 percentage points higher on average than comparable stock market ETFs. Call products will underperform in fast-rising market and outperform in sideways and down markets. Sometimes, the outperformance will come in the form of losing less money.” - Eden Rahim of Horizon Exchange Traded Funds

….related: Also using option strategies the following BMO ETF below is a more aggressive and unconventional alternative that sells puts against money in T-Bills aiming to gain an annualized  return of 8%. By selling out of the money puts the fund is intended to protect investors from a 10-`5% decline. That said a 20% decline in the stock market would affect the strategy negatively. 

….read more: BMO ETF aims to profit from writing puts in a more aggressive strategy designed to yield 8% annually. 

Also, Horizons Enhanced Income Gold Producers ETF uses the covered call strategy gain exposure to North American base gold mining and exploration companies while generating monthly distributions of dividend and call option income. An investment to consider given Gold is very likely in a developing bull market. 

 

 



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Wealth Building Strategies

ACCTion Makes You a Business Hero

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Posted by Eamonn Percy - The Percy Group

on Tuesday, 26 July 2016 10:28

Screen Shot 2016-07-26 at 10.09.45 AM“Heroes are made by the paths they choose, not the powers they are graced with.” 
― Brodi Ashton

Action, Courage, Character, Tenacity

Great leadership is built upon many small actions we take throughout the day, punctuated periodically by severe crises and significant decisions.  However, in order to prepare as leaders for the severe crisis and significant decisions we must practice daily leadership, so when called upon, we have the mental and emotional preparedness to deal with the significant challenges of the moment.

I have found the ACCT a great reminder of the important aspects of being a daily leader.  Being significant in the small actions of the day puts me into the frame of mind to be the leader of the moment.

Action - Great leadership is about getting things done.  Period.  It's about outcomes not activity.  It's about achieving results and making progress towards a worthwhile goal.  It's about overcoming fear and being hungry to achieve success, all of which require action.  Nothing gets done without action. 



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