Posts Tagged ‘stocks’

“It’s EZ credit that is the linchpin in today’s fake-money system.

The Deep State’s stocks, bonds, and real estate values… not to mention its careers, incomes, and reputations… depend on it.

And it is made possible by the China trade… by Chinese workers who put in long hours in miserable conditions in order to stock the shelves of Walmart with cheap goods… by Chinese manufacturers who undersell their competitors to keep consumer price inflation in the U.S. at low levels… and by Bank of China, which holds some $1.25 trillion worth of U.S. bonds… thus propping up the whole wobbly capital structure….

In politics and economics, BS is all there is. The calculations are almost always fake; the statistics are quackery; the theories are devilish nonsense. And bad ideas never entirely disappear, they just re-emerge after a few years… often dressed in new duds.”

-Bill Bonner

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The investment-advisory industry is a huge, multi-billion dollar business based on hard work, clever thinking, and sophisticated algorithms….  [T]he unfortunate truth is that the financial establishment rarely looks beyond stocks and bonds.  And if you think about it, why would it want to?  It makes its money by ushering you from one ‘hot’ stock or ‘amazing’ fund to the next….  Because they know that you have heard that ‘diversification of assets’ is good, financial advisers give you the illusion of diversification by filling your stock portfolio with businesses that are ‘diversified’….  But at the end of the day, it’s all invested in stocks or stock derivatives.

Asset allocation is the process by which you spread your wealth across different sorts of investments….  Over the years, I have made hundreds of individual financial decisions….  I could see very clearly that it was not particular buy/sell decisions that accounted for this good fortune.  It was the general decisions about asset allocation that paid off.” -Mark Ford

“…depriving young people of jobs is like depriving pandas of bamboo shoots: It’s all they have.  Older people can watch their stocks, real estate, and bonds go up in price.  A young person can only look at the ‘Help Wanted’ ads… and hope for a break.” -Bill Bonner

Building wealth involves much more than just investing in stocks and bonds.  Most rich people get that way by consistently doing five things:  1.  They understand and manage their debt.  They don’t let debt manage them;  2.  They spend their money wisely, getting maximum value for every dollar;  3.   They continuously work to increase both their active and their passive incomes;  4.  They are aggressive savers, far outpacing their peers;  5.  They are disciplined investors.  When they find a good strategy, they stick with it. -Mark Ford

All over the world, in ways that can’t easily be modeled or understood, debt has warped and altered the world’s economy. Think about how much the cost of housing, college, our government, stocks, bonds, etc. have been inflated by both debt and “elastic” supplies of money.” -Porter Stansberry