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Wealth Building Strategies

I Hope You've Been Paying Attention?

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Posted by Michael Campbell

on Friday, 23 December 2016 11:13

mmm- Dallas has blocked withdrawals from the police and firefighters pension fund.

 
- The Italian government is scrambling to prevent the world’s oldest bank - Monte Paschi - from going down.
 
- 446,000 people in the States joined the ranks of the permanently unemployed in November alone pushing the total number to an all time high 95.1 million.
 
- Meanwhile global stocks markets have added over $1 trillion dollars since Donald Trump’s election.
 
- Gold is off $250 since the post Brexit highs.
 
That’s not much of a way to say Merry Christmas, is it? But it’s a very good reminder as to how much things are changing. Of course we’ve been getting that message every day, week and month since the spring of 2008 when Bear Sterns went under. 
 
Still, that collapse of an 85 year old Wall Street mainstay still wasn’t enough to wake up investors, regulators, financial institutions or politicians. So 5 months later the subprime mortgage crisis hit and the world hasn’t been the same since.
 
The question is – what aren’t we paying attention to today that will shake the financial world?
 
Is it the end of the 35 year decline in interest rates and the subsequent trillion dollar losses in the bond market since July? Maybe it’s the success of the 5-Star Movement in Italy, who want to stop using the euro and return to the lira.
 
It could be the escalating problems in the emerging market countries,  led by the collapse of Venezuela, who are all in big trouble because they borrowed money denominated in US dollars and now their economies are tanking while the dollar goes up. As Canadian comedian Russell Peters says – “somebody’s gonna get hurt real bad.” Top of the list will be the people, banks and governments who lent them the money.
 
Maybe its Amazon’s new no check-out, no cashiers test store in Seattle, which reminds us of the job threat of technological substitution. My guess is that our political class is so clueless that they’ll be sitting in a self driving taxi on their way to an ATM machine in order to put money on their credit card to buy something online that will be delivered by drone – and still scratching their heads wondering if technological substitution is a problem.  
 
The First Thing To Understand
 
We are living through the most intense rate of change in history – and that spells both danger and opportunity. Danger - as in the fall in gold from over $1900 US to the $1150 range or the drop in the euro from $1.60 to $1.06 or the loonie’s decline from over to par to the 68 cent low. There are no shortage of examples of the cost of missing the changes.
 
But it works both ways. (Warning: this is the promotion part) If you had taken the advice at the World Outlook Financial Conference (Jan 2013) / Moneytalks (Oct 2012) and bought US dollars you’d be up over 30% even if you put it under the mattress. Better still, if you bought our recommended quality US dividend paying stocks (starting Mar 2009 and ever since) or real estate in the Phoenix area (World Outlook 2012) you’d be up triple digits.
 
People ask me all the time how can I protect myself – well that’s my answer.
 
But it’s not just in the US. Look at the results of all the recommendations of the 2016 World Outlook Small Cap Portfolio (as of last week).

smallcap

Of course past performance is not a guarantee of future results, but thanks to the research of Ryan Irvine and Keystone Financial, the World Outlook Small Cap portfolio has earned double digit returns every year since we first introduced it in 2009.
 
And I have to admit that I love when the recommendations pay for the price of a ticket many times over. And last year was no exception. John Johnson called the fall in the loonie from over 80 to under 70. Mark Liebovit called silver’s move from under $14 to $20. Josef Schachter oil stock recommendations were up over an average of 100%.
 
Of course I chose the keynote speakers for their track record so while it’s impressive, the great results are not a surprise. 
 
Here’s the Problem For Some People
 
I looked at the Friday, February 3rd television schedule - you’d be missing Undercover Boss and Hollywood Game Night, and Saturday has the much anticipated recap of The Bachelorette. That’s tough to compete with, even with some of the top market analysts in the English-speaking world, including Martin Armstrong, subject of a critically acclaimed documentary and an upcoming Hollywood film. But then again we all have to make sacrifices to secure our financial future.
 
The bottom line is that we take your time and money seriously. With that in mind we have put together our best conference ever in the hope of making you a significant amount of money and just as importantly protecting you financially. 

Sincerely, 

Michael Campbell, 
Host of Money Talks

2017 World Outlook Financial Conference Details

Where: Westin Bayshore, Vancouver BC
When: Friday afternoon and evening, February 3 and all day Saturday, February 4, 2017
For more information including speakers and the agenda: CLICK HERE
To reserve your seats: CLICK HERE



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Wealth Building Strategies

Stock Market Bulls, Stock Market fools-Market Crash next or is this just an Illusion

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Posted by Sol Palha - Tactical Investor

on Thursday, 22 December 2016 08:07

A learned blockhead is a greater blockhead than an ignorant one.

Benjamin Franklin

Since the markets bottomed in 2009, one naysayer after another has penned many an obituary for this market. Alas, all those obituaries were based on fantasy and false perceptions; the bull is alive and kicking while many of those experts are either bankrupt or have bankrupted their clients several times over. We repeatedly stated over the years that the era of low interest fostered an environment that favoured speculation over hard work. This is why so may companies have opted to be boosts EPS via share buyback programs. Why work, when through the magic of accounting you can create the impression of growth when there is none. All is well, and when it ends, only the workers and the masses will lose for the corporate wenches will walk away with bloated accounts.  

Despite the latest rate hike and the insane ramblings from the Fed that they are ready to raise rates more aggressively; yes we heard this last time and for over one year nothing happened. The reality is the economy is sick and only appears to be thriving because of the hot money that is being funnelled into the markets. This helps foster the illusion all is well when in reality everything is falling apart. Hence, while the Fed talks big, its bite will be weak.  We could go on providing more reasons as to why the economy is weak such as the fake unemployment data the BLS tries to get the masses to swallow, but all of this is irrelevant. The trend of hot money is in play, and until the supply of hot money is cut, this bull market will continue to trend higher.  This market will not trend higher forever; it will eventually run into a solid brick wall.  There is no point of fixating on what will happen one day when its far more profitable to focus on the now.  

The three charts below illustrate why this bull market still has legs

sox semiconductor inde

The semiconductor sector needs to be in a strong uptrend for a market to rally on a prolonged basis. A quick look at the above chart (semiconductor index) shows that the index is an in a very strong uptrend. It is trading above its main uptrend line and has continued to trade to new highs over the past five years. It could drop all the way to 650,and the outlook would remain bullish. 



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Wealth Building Strategies

Want to build wealth? Break these 8 rules

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Posted by Bankrate

on Tuesday, 20 December 2016 08:32

build-wealthBeing "upside down" is usually a negative term when applied to financial matters, but multimillionaire Robert Shemin believes that sort of thinking is ... well ... upside down.

Shemin, author of "How Come That Idiot's Rich and I'm Not?" feels there are two positions when it comes to wealth: right side up and broke, or upside down and rich. Shemin prefers upside down. The best way to build and maintain wealth, maintains Shemin -- once considered the "least likely to succeed"-- is by breaking the rules you think and hear about when building wealth.

Following are eight rules worth breaking -- in upside-down order -- and what Shemin and other financial gurus have to say about them.

 

8. Before investing, learn enough so that you're not going to make any mistakes

The problem here: Fear causes inaction, Shemin says. "Everything in life has a risk and a cost for doing it, and a risk and a cost for not doing it. Rich idiots focus on the risk of not doing something." In his experience, most people don't get started on stock market or real estate investing, or in estate planning, because they're so scared of making mistakes, they're overwhelmed.

"Of course you should expect to make mistakes when you start investing (or any time)," agrees Ramit Sethi, who writes the popular blog, IWillTeachYouToBeRich.com. "But if you start with small amounts, any mistakes won't hurt you too bad. Plus, any mistakes can be mitigated by time."

...continue reading 7 thru to 1 HERE

...related: The Way To Wealth By Benjamin Franklin



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Wealth Building Strategies

The Way To Wealth By Benjamin Franklin

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Posted by Financialmentor.com

on Friday, 09 December 2016 08:13

Learn The Wealth Building System That Worked For Benjamin Franklin Many Years Ago, And Still Works Today

Screen Shot 2016-12-09 at 7.02.01 AMEditors Note: Benjamin Franklin was one of those rare geniuses adept at business, invention, writing, philosophy, and politics. His literature inspired intellectual and political freedom, helped found this great nation, and contributed measurably to our culture.

The Way to Wealth, written in 1757, is a summary of Benjamin Franklin’s advice from Poor Richard’s Almanac published from 1733-1758. It’s a compilation of proverbs woven into a systematic ethical code advocating industry and frugality as a “way to wealth”, thereby securing personal virtue. His advice is just as relevant today as it was 270 years ago when first written.

I love this article, and I hope you do too.

For that reason, I’ve taken pains to provide as complete a version of The Way to Wealth as is available; however, I have added some paragraph breaks, title breaks, and minor punctuation and spelling changes to increase modern day readability. I hope you enjoy it.

Way-to-Wealth-by-Benjamin-Franklin-600x400

Benjamin Franklin: The Way to Wealth (1757)

Courteous Reader,

I have heard that nothing gives an author so great pleasure as to find his works respectfully quoted by other learned authors. This pleasure I have seldom enjoyed; for tho’ I have been, if I may say it without vanity, an eminent author of almanacs annually now a full quarter of a century, my brother authors in the same way, for what reason I know not, have ever been very sparing in their applauses; and no other author has taken the least notice of me, so that did not my writings produce me some solid pudding, the great deficiency of praise would have quite discouraged me.

I concluded at length, that the people were the best judges of my merit; for they buy my works; and besides, in my rambles, where I am not personally known, I have frequently heard one or other of my adages repeated, with, as Poor Richard says, at the end on’t; this gave me some satisfaction, as it showed not only that my instructions were regarded, but discovered likewise some respect for my authority; and I own, that to encourage the practice of remembering and repeating those wise sentences, I have sometimes quoted myself with great gravity.

Judge then how much I must have been gratified by an incident I am going to relate to you. I stopped my horse lately where a great number of people were collected at a venue of merchant goods.

The hour of sale not being come, they were conversing on the badness of the times, and one of the company called to a plain clean old man, with white locks, “Pray, Father Abraham, what think you of the times? Won’t these heavy taxes quite ruin the country? How shall we be ever able to pay them? What would you advise us to?”

Father Abraham stood up, and replied, “If you’d have my advice, I’ll give it you in short, for a word to the wise is enough, and many words won’t fill a bushel, as Poor Richard says.” They joined in desiring him to speak his mind, and gathering round him, he proceeded as follows:

Industry: ...continue reading HERE

 



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Wealth Building Strategies

Which of these would you rather have in your safe?

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Posted by Simon Black - Sovereign Man

on Thursday, 08 December 2016 12:33

Gun-safe-graphicLet’s say you have two equal size safety deposit boxes. 

One box you completely fill up with stacks of $100 bills. 

The other box you fill up with gold. 

Which of the two is “worth” more? 

It’s easy to calculate. A stack of 100x $100 bills is 6.14 inches long, 2.61 inches wide, and 0.43 inches tall. 

That’s a volume of 6.89 cubic inches (112.92 cubic centimeters… and we’ll use the metric system from here on out because it really does make more sense!). 

A stack of 100x $100 bills is worth $10,000. So the paper money’s ‘value density’ is about $88.55 per cubic centimeter. 

Gold, on the other hand, is much more value dense. 

A 1-kilogram bar of gold is 11.55 cm long, 5.25 cm wide, and 0.92 cm tall, for a total volume of 55.79 cubic centimeters. 

As of this morning, gold is worth $37,811 per kilogram, meaning the value density of that 1kg bar is $1,278.75 per cubic centimeter. 

So gold is clearly more value dense than paper money, i.e. you can store a LOT more value in the same amount of space with gold than you can with paper money. 

What about silver? 



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