Archive for the ‘Gold’ Category

Gold is a horrible Portfolio Hedge

For the longest time I’ve counseled against gold as a part of a client’s portfolio. I’ve heard all the arguments (“it’s a hedge against inflation”, “it lowers the volatility”, it’s real versus paper”), and I discount every one of them. The problem with Gold is that it is unpredictable, and for every instance where it does what you think it should do, I can find an instance where it does the opposite. Here’s a good blog talking about this more in detail Read More

Do You Have an Investor or Trader Mindset

The last month has been interesting to say the least.  This is a wonderful time to ask yourself Are you an Investor or a Trader? The mindsets are completely different, leading to different behaviors, and different outcomes. I ask this question in my video this month, talk about the differences, and let you decide by the end which of the two you are. So, what do you think?  Are you an Investor or a Trader? Click on the video Transcript: Hi there.  Mike Brady with Generosity Wealth Management, a comprehensive, full service financial firm here in Boulder, Colorado. Today I’m ... Read More

The Hunt for a 21st Century Treasure Chest

If all else fails, I guess there’s always buried treasure. In 1988 a art and antiques’ dealer millionaire was diagnosed with kidney cancer and not expected to live.  He planned to take a treasure chest of loot out into the wilderness to die. Then he recovered. And decided to bury the treasure instead, and write a memoir with clues to find it. No one has found it yet. Full Story – 21st Century Treasure Chest Read More

Gold and Chinese Income

Very interesting correlation between Chinese and Indian income levels and the price of gold. Is China and India the reason for Gold’s continued price increase? At least contributing to it if not the cause (remember that correlation does not equate with causation). I think the demand for gold is a factor, which causes me some slight concern due to the bubble that I think China is. India I’m not sure about yet. If the bubble bursts, the demand for and price of gold will decline. Gold and China – Link Read More

Equity Markets and Gold

The stock markets have been making some headlines recently. Last Friday, the DOW declined below 12,000. Should you freak out? Is this the beginning of the end? I also address whether I feel the gold rally will continue. Does it make sense to be a part of your portfolio? TRANSCRIPT: Hi Clients and Friends, Mike Brady here. Just a quick video just to let you know what I’m thinking about this week. And this week I’m thinking about, sort of, the news headlines about the kind of, the steady erosion in the Dow and the stock markets, the equity markets, ... Read More

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