Posted on February 22nd, 2012 by GWM
In the movie “City Slickers”, Curly is asked what the meaning of life is. He replies “One Thing”.
It’s my belief that your financial success is so much more than just investments. That’s why I named my company “Generosity Wealth Management” instead of “Generosity Investment Management”. I feel 80% of acquiring and preserving wealth is behavior, not chasing after the home run investment.
A colleague here at the office said “funny, the harder you work the luckier you seem to get”. I couldn’t agree more.
My video this week is about the… Read More
Tags: fundamental
Posted in Behavioral Finance, Financial Planning, Incentives, Videos | No Comments »
Posted on February 22nd, 2012 by GWM
One of my goals in my newsletter is to bring to your awareness things that I find interesting or alarming.
The article below is in the “alarming” category.
Japan borows more than it raises in taxes, and its debt amounts to two years’ worth of Japan’s economic output.
Japan has the highest debt-to-GDP ratio in the world. Half of the country’s tax income is directed to simply servicing it’s debt.
In addition to Europe and China (which I’ve written about… Read More
Tags: Asia, Debt, downgrade, fear, Japan
Posted in Monetary Theory, Taxes | No Comments »
Posted on February 22nd, 2012 by GWM
Are you tired of reading and hearing about Greece? Me too, but that doesn’t mean it’s going to stop.
The most recent Greek agreement is a joke (in my opinion) and makes a significant number of overly optimistic assumptions about the future.
As I view it, there is no way the European Monetary Union can survive in it’s current form, and definitely not with Greece in there.
Where is the money to be made for investors like us?
I continue… Read More
Tags: Banking, Europe, Market, Money Supply
Posted in Europe, Market Commentary | No Comments »
Posted on February 22nd, 2012 by GWM
Continuing the theme from my video, investor behavior has a significant influence on your success.
A recent study found that cells deep in the brain calculate a sort of moving average of past events, giving the greatest weight to the most recent outcomes.
So, even after a long term upward trend, or long term downward trend, a few months in the opposite direction can prompt impulsive investor decisions towards or away from stocks.
Avoid the knee-jerk reactions.
This is
Tags: emotional, fear, greed, Incentives
Posted in Behavioral Finance | No Comments »
Posted on February 22nd, 2012 by GWM
Oh yeah, Duff Beer.
This post only makes sense if you watch the Simpsons or have kids that watch the Simpsons. I’m 43 years old now and I’ve been watching it since I was about 18 and in college. Hard to believe it’s been on that long.
Anyway, the fictional Duff Beer is now available in the UK. If anyone is going over there soon, can you buy me some?… Read More
Posted in Funny / Interesting | No Comments »
Posted on February 9th, 2012 by GWM
It is common for there to be declines in the markets throughout the year, sometimes even double digits declines.
This is to be expected.
As an investor, one of the reasons we diversify and modify our allocations throughout the year is to try to minimize these fluctuations.
What should you do when there is one of these expected declines? It depends on the situation at that time.
Please click on the video below for a 4 minute discussion I give on this topic……
TRANSCRIPT:
Hi there, Mike Brady… Read More
Tags: Market, Risk, S&P, volatility
Posted in Incentives, Market Commentary, Videos | No Comments »
Posted on February 9th, 2012 by GWM
Unemployment decreased to 8.3%. Good.
Participation Rate of the work force at 30 year lows. Bad.
In my opinion, we’re at a time in history where there is a dramatic shift in the employment make-up, skills needed, globalization, etc.
This relatively short term (1 to 10 years) transition will not be without pain for many, but the market does eventually adjust.
Click for the Full Article
 … Read More
Tags: fundamental, Globalization, Jobs
Posted in Employment | No Comments »
Posted on February 9th, 2012 by GWM
The United States is the largest GDP in the world. How do other countries stack up to individual states? See for yourself.
Here’s a great interactive comparison website.
CLICK FOR FULL ARTICLE
 … Read More
Tags: Asia, Europe, Globalization, Japan
Posted in Asia, Europe | No Comments »
Posted on February 9th, 2012 by GWM
I say in my video that “on balance” I’m more optimistic than pessimistic for 2012.
See graph to right.
Europe, China, Deleveraging, etc. are the forces against this we have to watch out for.
 … Read More
Tags: fear, Globalization, Market, S&P
Posted in Market Commentary | No Comments »
Posted on February 9th, 2012 by GWM
Oh yeah, Fisher-Price.
Admit it, how many of you had one of these when you were a kid? How about your kids?
 … Read More
Posted in Funny / Interesting | No Comments »
Posted on January 10th, 2012 by GWM
Goodbye 2011 and hello 2012! What happened and what’s my outlook for 2012? Optimistic or pessimistic?
Watch my video to find out.
TRANSCRIPT:
Hi there, Mike Brady with Generosity Wealth Management, and today I want to talk to you about a little bit of a review on 2011, but spend most of my time talking about the current situation right now. And you know, maybe do a little bit of a, …, thinking about 2012 and what the future may hold.
2011 was a real volatile year. I mean frankly… Read More
Tags: Banking, China, Dynamic Asset Allocation, Europe, fear, Globalization, Market, Risk, S&P
Posted in China, Dynamic Asset Allocation, Employment, Europe, Market Commentary, Videos | No Comments »
Posted on January 10th, 2012 by GWM
I’m sure you’re saying to yourself “I sure wish Mike would share with me his required brochure and related privacy notices”.
I’m here to fulfill your wishes!
Here they are! Enjoy!!!!
Generosity Wealth Management Brochure
Generosity Wealth Management Privacy Notice
Cambridge Investment Research Privacy Notice
Posted in GWM Firm Announcements | No Comments »
Posted on January 10th, 2012 by GWM
When I was in high school, I really (I repeat really) got into J.R.R. Tolkien’s The Hobbit and the Lord of the Rings books.
I have very fond memories of the three Lord of the Rings movies and when I was in New Zealand in 2007 my wife and I visited many of the sites where the movie was filmed.
Did I mention we’re total geeks?
Anyway, The Hobbit movie is being filmed now and will be released this coming… Read More
Posted in Funny / Interesting | No Comments »
Posted on December 28th, 2011 by GWM
The year is almost over and as I prepared for this blog, I thought about a video I did last summer but never shared with you. The summer was so busy and volatile, I wanted to provide you with my current thoughts in such a tough time, so this video (which is one of my favorites) got pushed to the side.
The video is about information: more information doesn’t necessarily mean better information. I remember when having more publicly available information was a competitive advantage, but with free internet news sites with up to the second… Read More
Tags: emotional, fear, greed
Posted in Behavioral Finance, Videos | No Comments »
Posted on December 28th, 2011 by GWM
Even the best can make bad calls.
Warren Buffett buying Bank of America? Woops.
Bill Gross betting against Treasuries? Yikes.
John Corzine? John Paulson? Both very wrong in their market calls.
You’ve heard me over past 3 years talk about humility and diversification. My 21 years in the business has taught me that the investment, sector, stock, etc. that I absolutely love is still the one I need to calmly and rationally buy in an amount that I’m willing to… Read More
Tags: Buffett, emotional, greed, Incentives, Market, Risk
Posted in Behavioral Finance, Market Commentary | No Comments »
Posted on December 28th, 2011 by GWM
The Securities and Exchange Commission has a new computer system that allows them to siff out returns that are, well, too good to be true.
While it’s unclear exactly how it works, it compares published numbers from hedge funds with what the computer says is average or what the underlying assets could be worth.
If the numbers published are too generous, then the SEC is on the case! Click for more information
Aberrational Performance Taskforce
Tags: greed, Regulations
Posted in Market Commentary, Regulations | No Comments »
Posted on December 28th, 2011 by GWM
A sign that the world’s largest economy will keep growing in early 2012.
Be sure to pay attention to my video next week for my year end and 2012 thoughts.
Click for Leading Economic Indicators Rise in November
 … Read More
Tags: Incentives, Jobs, Market, Risk
Posted in Market Commentary | No Comments »
Posted on December 28th, 2011 by GWM
Hopefully Santa was good to you, but just in case he didn’t give you the right accessory in order to look all Boulder, Gucci has fanny packs. Yes, that’s right, Gucci.
Oh, and that Star Trek Owners’ Manual I highlighted a few months ago? I totally got it from my brother-in-law. Geeks of the world unite!
 … Read More
Posted in Funny / Interesting, Uncategorized | No Comments »
Posted on December 14th, 2011 by GWM
Worst recession since the Great Depression? Not really, although it’s not pleasant.
Unemployment is down. Good news? Yes, but not the whole picture.
Corporations profitable? You bet. They have lots of cash on their balance sheets, ready to expand and redeploy at the appropriate time.
These are just a few of the things I talk about in this week’s video. I include some nice graphs too, so be sure to click on the video to hear more!!!
TRANSCRIPT:
Hi there, Mike Brady with Generosity Wealth… Read More
Tags: fundamental, Market
Posted in Employment, Videos | No Comments »
Posted on December 14th, 2011 by GWM
In line with my video where I talk about the underlying numbers of the economy, one statistic that is not getting much media play is Global Manufacturing.
In most countries manufacturing is contracting, except for a few select, including the United States.
Hmmm, what is this telling us? This is a problem in a global economy and over the coming months I’ll continue to watch the trend.
Nothing to do now but be aware of this indicator.
Click
Tags: Globalization, Manufacturing
Posted in Manufacturing | No Comments »
