Financial

Finanical Planning and Societal Change

Patrick — Tue, 30 Jun 2009 19:09:30 +0000

Hi Everyone, I think it is very important when looking at the financial future and financial planning to consider where our society is going, what the trends are that might be influencing future decisions. Below is an article that is on John Mauldin’s website that describes the possible future better than anything else I have read over [...]

The Financial Markets

Patrick — Mon, 22 Jun 2009 19:51:12 +0000

Hi Everyone, I wanted to follow up on my post from last week regarding the market place. As you know, I do believe that the market has considerable downward potential so I wanted to give you some more food for thought. I am not saying that you should sell or not sell, just some more points [...]

Current State of the Markets

Patrick — Fri, 19 Jun 2009 15:36:42 +0000

Hi Everyone, I have not talked about the financial markets in a while, so I thought I give you an update of where I think we stand. I still believe that the current rally, which is about 3 months old, is a bear market rally and the market will eventually retreat back. There were some signs earlier [...]

Economic Reality

Patrick — Thu, 11 Jun 2009 19:03:21 +0000

Hi Everyone, I received the email below from a friend, just beautiful how it explains how our government does business. Cheers, Patrick Economic Reality: It is the month of August, on the shores of the Black Sea . It is raining, and the little town looks totally deserted. It is tough times, everybody is in debt, and everybody lives on [...]

Current State of the Economy

Patrick — Tue, 02 Jun 2009 16:29:51 +0000

Hi Everyone, Many people I have been talking to have been wondering if the recession is over soon and what I think. I certainly don’t have a crystal ball, but here is what I think is where we stand: Comparing this economic downturn to a hurricane, I do think we are in the eye of the storm [...]

10 year Treasury Bond

Patrick — Fri, 29 May 2009 23:05:57 +0000

Hi Everyone, The 10 year treasury bond spiked this week after the government tried to sell billions in bonds. The market is starting to ask for a higher return on the US debt, which means the markets perceives it as risikier. Another interpretation is that the market is saying, stop spending all that money that you [...]

Is the GM a buy?

Patrick — Fri, 29 May 2009 15:15:15 +0000

Hi everyone, I don’t know if any of you have been watching GM, but the stock certainly defies any logic as shown by the pricing of its options and its actual stock price. Several of my clients have talked to me about buying it, as it is so cheap. I see it the other way, it is [...]

TIPS

Patrick — Thu, 28 May 2009 15:47:30 +0000

Hi Everyone, I have been looking at TIPS for a while now as a hedge against inflation that we will likely have due to the excessive government spending. TIPS are basically Treasury Bonds that pay you additional return in the amount of inflation if there is inflation. I have been intrigued by them, although also suspicious since [...]

Our Economy

Patrick — Wed, 27 May 2009 15:47:29 +0000

Hi Everyone, In addition to my own postings, I will start posting some links to articles that I am reading right now. Following is an article on what the ramification of the deficit spending by our government might have and the deleveraging that is happening all over the world. Please click here for this article from John [...]

Bear Bond Trap

Patrick — Wed, 20 May 2009 15:13:57 +0000

Hi Everyone, Are you looking for some higher yields considering a one year Treasury bill yields just about 0.5 percent? It is very common for people to migrate toward to lower quality, higher yielding papers to increase their return on their money. Often this results in large losses once interest rate start rising again, and the [...]