9. Special topic – Wealthsteading Podcast

Episode 181:  The amount of US Dollars in global circulation has been in decline primarily because of a reduction in Petrodollars (value that’s earned by oil producing countries).  The lack of US Dollars in circulation is a principle reason why global trade is so sluggish. See also:  http://www.investablewealth.com/its_still_all_about_oil/ ————————&#...

Episode 180:  Advice to the young entrepreneur: Get Started Status Quo is OK…initially Lifestyle Scale Progressive Risk Mitigation Don’t sacrifice important things…like FAMILY Exit Strategy Have FUN !!! ————————————————————– 10 Wealth Building Principles:  https://www.wealt...

Episode 179:  In this episode I discuss several trading methods that you could use to time the market and I do it in light of the recent uptrend.  I conclude with a discussion of the very critical 100 day moving average and the reason I’m remaining on the sidelines. ———————————————————...

Episode 178:  Friday the S&P500 rose above its 200dma for the first time this year; however, I remain cautious and expect the market to move lower.  I believe the past month of optimism was founded on rising oil prices, but it’s unlikely that oil has bottomed because global growth remains stagnant.  The problems with growth won’t be resolved by negative interest rates in Japan and Europe; on t...

Episode 177:  This is an episode for the ladies (and smart men).  Lots of women are wearing cubic zirconia rings- especially those in the medical profession, or those that do a lot of traveling, or work with their hands.  Listen to this episode to learn why maybe you should too. The article I mention about investing tips for ham radio operators can be found at: http://www.investablewealth.com/inve...

Episode 175: Today I tell a story about a man that was conned into a worthless investment scam. BE CAUTIOUS…someone is always trying to take your money away from you. ————————————————————– 10 Wealth Building Principles:  https://www.wealthsteading.com/category/wealth-buildi...

Episode 174: Fighting authority usually isn’t a good idea…I have scars to prove it. Apple’s stock could be in jeopardy if it doesn’t comply with the FBI.  I think a compromise could be reached that would actually be very beneficial to Apple. Here’s a chart with Apple juxtaposed over the Volkswagen emission scandal:   http://www.investablewealth.com/apple-vs-the-fbi/ ————&#8...

Episode 173:  I’m back invested in the US Dollar through UUP and for my personal account have shorted Gold through DGZ.  My positions parallel my thoughts on global currency and so in this episode I’ll discuss the continuing global currency war- specifically discussing how I believe the Yen and Yuan will devalue further. The S&P500 is bobbing above 1850, which keeps it out of a Bear market…I e...

Episode 172:  Today I discuss the classic inspirational lecture given by Russell Conwell, entitled “Acres of Diamonds”. I first heard the story in 1996, and dismissed it as a fanciful faith promoting legend.  Is the origin of the tale true?  I have no idea, but as I’ve matured, I have come to believe in the essence of the storyline- your fortune is most likely hidden where you’re currently standin...

Episode 171:  This downtrend is persistent.  The pre-2016 market personality was one of “buy the dip” and move on to new highs.  That’s no longer the case.  Many sectors of the market are clearly in bear market territory, off their highs by 20-30%…or more.  Even fashionable stocks have been tarnished- Disney down 23%, Apple down 30%, Tesla down 44%, and LinkedIn down 61%. The market personal...

Episode 170:  In this episode I discuss how to value a stock, mostly in the form of the Price:Earnings ratio.  PEs are extremely relevant and when someone tells you that this is a new economy, that it’s different this time, and valuations or earnings don’t matter…well it’s probably time for you to stop listening to that person. ——————————...

Episode 169:  In this episode- Markets are moving up due to faith in central bank stimulus Listener questions: Government Retirement G funds & my sources of market data Ignore what they say- focusing on Apple CEO Tim Cook’s comments about growth in China My podcast appearances this week: – Ham Radio Fo Time Podcast:  http://amateurradio15.com/44/ – The Survival Podcast discussing T...

Episode 168:  The market is struggling and investors aren’t “buying the dip”.  In this episode I compare and contrast current market conditions to what occurred during the August 2015 flash crash.   ————————————————————– 10 Wealth Building Principles:  https://www.weal...

Episode 167:  Today the S&P500 closed near support at 1850, which is my delineation between the likelihood of a Correction or a full blown Bear market. (see:  http://www.investablewealth.com/correction-or-bear/    ) We’ll have to wait and see how this works itself out.  Now is not the time to panic, a prudent investor would have already taken precautions.  In this episode I draw the analogy of...

Episode 166:  What’s going to happen in the stock market this year?  I have NO IDEA…and neither does anyone else.  Beware of those that claim they do! Since I can’t provide you with a forecast, I’ll give you a no-cast covering my thoughts on what’s happening in the current market correction.  And also discuss the importance of historic data and simple moving averages. ————&...

Episode 165:  During this time of market turmoil, I think this is a good opportunity to forget about the stock market and tell a story.  And what’s better than a detective story? People often ask what I recommend they read to learn more about investing…perhaps the best recommendation I can give is a detective story. WHAT?  That’s right and in this episode we’re going to discuss the foundation of e...

Episode 164:  The stock market is sitting on a razor’s edge…will it recover and rally up or is it doomed for a bear market?  It’s likely to have a relief rally briefly before it drops to new lows.  BUT NO ONE KNOWS FOR CERTAIN. The market is at an inflection point, full of uncertainly and there is no safe place to hide: GOLD: The fear index is up but Gold can’t get much above $1100. OIL: There’s t...

Episode 163:  Although I’m an “active” trader, I traded very little in 2015 because I was concerned about the bottom falling out of the stock market.  This was of special concern because the S&P500 had not broken below its 50 day moving average since 2011 but the top appeared to be flattening. In this episode I reflect on the trades I made in 2015 and emphasize the point that being an active t...

Episode 162:  In this episode I discuss why you should not only consider Risk but also Alpha. Alpha is the measurement of performance on a risk adjusted basis.  As a simple (and graphic) illustration, consider the risk/reward associated with the game of Russian Roulette. ——————————————————&#...

Episode 161:  The stock market has more to do with human nature than it does with balance sheets.  That’s why attitude and motivation are so important.  The power of positive thinking can’t create money out of thin are, but the right attitude can provide you with a competitive edge that puts you over the top.  It’s important in the stock market, as an employee or an entrepreneur. In this episode I...

Episode 160: Much as been made about the demographic decline that is occurring as Baby Boomers age and move into retirement and eventual death.  This is a global phenomenon. I pay close attention to demographic trends and I have spoken often about how low birth rates are stunting global growth.  HOWEVER, I’m not apocalyptic…I leave that to guys like Harry S Dent ( The Demographic Cliff ) that have...

Episode 159: Market volatility continues ahead of this week’s Fed FOMC meeting.  Ignore the media hysteria on interest rates, instead focus on growth (or the lack of) in China.  This is a reference episode, where I discuss current market conditions by referring back to previous shows that cover these intricate factors in detail.  Bottom line, there are no easy answers or formulaic solutions.  I us...

Episode 158: (Part 2) Bad news is again good news on Wall Street…the indexes were up 1% yesterday on news of slowing US manufacturing and the hint of more stimulus from the European Central Bank…after Fed comments about a strong economy the market was down 1% today. The IMF will include the Chinese Yuan (RMB) in their basket of currencies…and why shouldn’t they?  China is the world’s second...

Episode 156: What do you spend your time daydreaming about?  Are you haunted or inspired by recurring night dreams? In this episode I discuss how your dreams can direct you toward success and a fulfilling life.  No hokey psychobabble and nothing esoteric, just some personal observations about the importance of dreams. Listen to my interview with Brandon Clay on the Trading Story Podcast: http://tr...

Episode 155:  In response to listener questions, here are my thoughts on buying a franchise. Does the franchise have a good business model? [Something you couldn’t duplicate on your own and worth the 5%+ yearly royalty that you’ll pay them?] Can you sustain yourself until the business produces a livable income? [Need large capital reserves and/or spouse with income & medical benefits.] [Also,...