This week is the 3rd Quarter 2010 review and 4th Quarter preview.
If you go back and rewatch my July video (July Video) I stated I thought the 3rd quarter would be up and it definitely was.
Dow Jones + 10.27% for the 3rd Quarter and S&P + 10.72%. Of course, these are unmanaged indexes.
The markets were way down at the end of the last quarter, so this brings the indexes positive for the year +3.5% for the Dow and +2.3% for the S&P 500.
4th quarter? I think things will continue to be up, but the important thing is to ensure you have the right allocation to equities in case I’m wrong. I think the year will end positive for the equity markets.
Listen to my 4th quarter preview video for more analysis and 4th quarter action items.
This week’s diatribe is about off-balance sheet accounting and alternative financing.
I’ve been approached multiple times in the past month or two about investment opportunities funding some activity outside of the normal funding channels (banks or equity financing).
This leads me to wonder how much lending is happening in our economy this way and if it’s under the radar. I don’t like the sound of it.
At the beginning of the year most economists were predicting an inflationary period.
They were wrong.
This week I give suggestions for how to invest in a DEflationary period.
Next week I take the opposite view and say “how should you invest if it’s actually an inflationary period?”. Hilarity ensues of course. Okay, maybe not.
This week I tackle a misconception that I run across every once in a while.
“It’s not a loss unless I sell it”
Sorry, it doesn’t work that way. You’ve lost the money whether you sell it or not, and the question you should ask yourself is “is this the right allocation for this sum of money right now, understanding I can’t change what has already happened?”
