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Sunday, April 05, 2009

Investment Advice From Jim Jubak

... goes hand-in-hand with my previous post on financing the deficits by printing money. Jim is an investment columnist for MSN and not prone to wild-eyed ranting. Here's an excerpt from his latest column.
In the long run, however, make no mistake: The dollar's days as the world's reserve currency are numbered. And we have no one to blame for the dollar's demise but ourselves ...

U.S. investors should take a clue from the Chinese. There's no reason to flee dollar-denominated assets en masse. But do make sure that your portfolio contains a big dollop of stocks and bonds that represent currencies other than dollars and that are backed by things such as copper mines and molybdenum deposits that will hold their value even if the dollar depreciates and U.S. inflation soars somewhere -- 2011? 2012? -- not too far down the road.
Read the whole thing. And if that investment advice is taken to heart, what do you suppose will happen to US stocks?
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1 comment:

  1. Anonymous4:18 PM

    http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1817050

    • • Latest Stock (Market) Price*SW$ = Latest Stock Price in Shares
    • • Shares You Wish to Trade/SW$ = Price Change from Shares Traded (added or removed)
    • • (Latest Stock Price in Shares +/- Shares You Wish to Trade {add (in shares) for calls or buy-backs, subtract (in shares) for shorts or sell-offs)/Latest Stock Price in Shares = Share Based Simulated Rate of Return
    • • (Latest Stock Price +/- Price Change from Shares Traded)/Latest Stock Price = Price Based Simulated Rate of Return

    The Share "Finding" Calculations
    • Share Weighted $1.00 (SW$) = IPO Shares Issued/IPO Issue Price
    • Current Shares In the Market (CSITM) = SW$*Market Price
    • Current Market Price (CMP) = CSITM/SW$
    • Price Cap (PC) = Shares Outstanding/SW$
    • Share Power (SP) = Shares Outstanding/IPOSI
    • Market Cap (MC) = SP*IPOIP
    • Price(s) = (Shares in the Market +/- Shares (Trades))/SW$
    • Rate of Return (ROR) = (Price after shares are bought/sold – Price before shares are bought/sold)/Price before shares bought/sold
    • Share Change (SC) = Shares at Close - Shares at Open
    • Shares Traded (ST) = Shares at High - Shares at Low
    • Overnight Shares Traded (OST) = (Today's) Shares at Open - (Yesterday's) Shares at Close
    • Most Shares Traded (MST) = Max of ST
    • Percentage of MST (%MST) = OST/MOST
    • Most Shares Sold (MSS) = Min of SC
    • Percentage of MSS (%MSS) = Share Change/MSS
    • Max Share Change (MSC) = Max of SC
    • Percentage of MSS (%MSS) = Share Change/MSS
    • Most Overnight Shares Sold (MOSS) = Min of OST
    • Percentage of MOSS (%MOSS) = OST/MOSS
    • Most Overnight Shares Traded (MOST) = Max of OST
    • Percentage of MOST (%MOST) = ST/MST
    • Open to High (OTH) = Shares at High – Shares at Open
    • Open to Low (OTL) = Shares at Open – Shares at Low
    • Open to Action (OTA) = OTH + OTC
    • High to Close (HTC) = Shares at High – Shares at Close
    • Low to Close (LTC) = Shares at Close – Shares at Low
    • Action to Close (ATC) = HTC + LTC

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