Skip to main content

No Sense of Urgency

I still haven't posted anything substantial this month. I am still trying to get a feel for where the market is heading. Of course, I've been monitoring and reviewing all of the economic data being released by our government on the economy such as Jobless Claims, Consumer Price Index, Housing Starts and so forth, but I still do not have that strong urgency to buy. It could be that I've become more like the herd, only moving when the herd is moving. But everyone knows that you don't make a lot of money having a herd-like mentality. A recent article in the Wall Street Journal about the liquidity of Exchange-traded funds got me a little excited, but that excitement quickly died after reading the article "Risks Lurks for ETF Investors", which was in a nutshell, nothing more than a warning against the purchasing of over-priced Exchanged-traded funds. I guess nothing is wrong with being reminded. My asset allocation models currently stands at 30% to 40% cash on all models.




By Rick Walter
Labels:

Comments

Post a Comment

Popular posts from this blog

ETF update

I have been tracking exchange-traded fund indexes of oil and gas, banking, health and pharma, real estate and commodities but none of these indexes are budging from their lows. Maybe, I am looking at this in the wrong way. A few points here, a few points there- nothing major; The only investors that are possibly making money are the short sellers. If you are good at short selling then this is the market for you. Lets take a look at a good short fund.
Post a Comment
Read more

ETFs -More training and education

By Rick Walter ETF Training & presentation, education and more... There is so much out there. I went to the iShares website and found a series of educational tools, webinars, web casts , tutorials and presentations that may help a beginner and even experienced investors. I was impressed with the tutorials, but I still think that the financial buzzwords in the presentations may be a bit too complex for beginners. However, the site overall presentation and content is very good! What about taxes? By trade I am a tax professional; I believe that all investments should be analyzed first from a tax position, before an investment decision is made. ETFs are labeled as very tax efficient vehicles. Here is a good article, in my opinion, that explains the tax efficiency issue very well for ETFs. Check our external link section for links to websites that I believe provide top notch information on ETFs, including sponsors, distributors and advisers. I will be adding to the list daily. If th...
Post a Comment
Read more