Globalization and Japan

Like it or not, globalization is here to stay. Japan, and the impact on supply chains throughout the world, is only going to reinforce the move towards a diverse, diffused world economy.

In the coming years, we’ll see an even greater push toward interrelatedness amongst countries, and each country’s businesses will rely on many countries for their materials. Diversification of supply is key.

Japan is going to recover and recover quickly.


Hi Clients and Friends, Mike Brady here.

This week I want to talk about globalization. It’s here to stay and Japan is just an example of why it’s going to stay. Periodically, I talk with people here in Boulder who think globalization is a bad thing. I’m not here to say that it is good or bad. I have my opinions, but now is not the time to get into that political discussion. But what I am here to say is that it is not going anywhere but more globalization.

Japan: Toyota and Honda, 68-72% of the parts for those companies are actually made outside of Japan. So they are going to continue to make automobiles. China and South Korea and other places that are getting their materials from Japan are having a little bit of supply issue, supply problems, for their products that they export to the rest of the world; or export back into Japan once it’s finished goods. And so, Japan and South Korea and frankly, much of the world is going to diversify, in my opinion, going to continue to diversify their supply chain. So that an event from one country does not disrupt it, they’re going to need 2, 3, 4, different supply chains, sources, for their goods as they distribute it into the rest of the world.

I do not believe, that Japan, a year from now a year from now, two years, five years from now, that we’re going to look back and say that this was a huge economic event that had this very negative impact. Japan as a country is the third largest economy. It is a very wealthy country. They’re very resilient people. And while this is very painful, what has happened, I think that Japan is going to pick itself up and pick itself up very quickly. In the meantime, countries that have relied upon Japan, and will continue to rely upon Japan will continue to rely upon Japan but also diversify into other countries.

So from an investor point of view, the question we might ask is how can we benefit from this trend of diffused supply chains, diffused need and globalization? And so that I think that is really the question that we need to ask ourselves.

I continue to believe that 2011, this year, will be a positive year for the stock markets. And frankly, I’m not changing that. Nothing that I’ve seen in the last three months has changed that opinion. In two or three months as the buying of the, from the, QE2 changes or stops, that will be another obstacle that we’ll have to watch very closely to see what happens.

Anyway, that’s what I’m thinking about this week. I hope you’re doing wonderful.

My name is Mike Brady. My company is Generosity Wealth Management. I am a registered rep with Cambridge Investment Research. My phone number is 303.747.6455. Hope you’re doing well. And I’ll talk to you next week, bye bye.

Most workers have saved just $25,000 for retirement

Most workers have saved just $25,000 for retirement

Most Americans have less than $25,000 saved for retirement.

If you’re reading this, you’re probably not that person.

But, let’s be honest. Those of us that are delaying consumption, investing well, and planning for our retirement will be asked to subsidize those who are not doing the same.

What does this mean for you? Continue to do all the things that will put you in place for a good retirement. Especially, get a retirement plan together so you know what it will start to look like with what you currently have and are currently saving.

Let me know if I can help. It’s one of the best things you can do for yourself and your family.


Average Tax Refund: $3,129

Average Tax Refund: $3,129

The average tax refund for 2010 is $3,129, up from about $3,000 a year ago.

This may seem like winning the Lotto to someone who’s receiving it, but let’s not forget that it was your money to begin with.

So, before you get too excited, remember it’s a refund, not a gift.



Employment Numbers

Employment Numbers

While the official unemployment rate has decreased in the past few months, the number of people in the work force is close to 30 year lows.

This is due to baby boomer’s retiring, but also people who are simply tired of looking for jobs! The unofficial unemployment rate is closer to 17%.

Click on the link below for a more detailed article.


BeadforLife to be presented with eTown Award

BeadforLife to be presented with eTown Award

Many of you know I’m on the Board of Directors for BeadforLife, a poverty eradication project based in Uganda. Ugandan women turn colorful recycled paper into beautiful beads, gather shea nuts to make shea butter for cosmetics and soaps, and women worldwide sell the items and educate themselves and others about extreme poverty.

This Sunday the 27th at 7pm at the Boulder Theater eTown, a nationally syndicated radio show, will interview founder Torkin Wakefield and present the organization with an E-Chievement Award!


Come join me in celebrating the good work this charity is doing in the world.

BeadforLife Award Announcement