|
|
 |
| Search Results
for Author
|
[ 50 Item(s) displayed from page 14 ]
| 50 of 1510 results found for - "Seymour@imagi-natives.com" | [Quote No.30726] Need Area: Money > Invest
"When recessions loom the very first shares to sell are those companies with high debt to equity levels and low interest cover ratios. These shares will be the ones that fall the most as they are forced by falling revenue and profits to write down, write off and/or sell assets into a falling market, raise equity diluting existing shareholders and eventually reduce dividends. Some may even go bankrupt." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.30741] Need Area: Money > Invest
"When you hear about 'animal spirits' that drive risk taking and investing, people are really talking about the market's confidence and optimism. Bull markets rise on rising animal spirits and bear markets fall on falling animal spirits." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.30751] Need Area: Money > Invest
"You may read about Hard Currency but what does this mean? It is a currency, usually from a highly industrialized country [which is politically and economically stable], that is widely accepted around the world as a form of payment for goods and services. A hard currency is expected to remain relatively stable through a short period of time, and to be highly liquid in the forex market. The U.S. dollar and the British pound are good examples of hard currencies." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.30799] Need Area: Money > Invest
"The spread/difference, between interest rates/yields on corporate debt paper and safe Treasury securities increases when fear and risk aversion rises. The mechanism behind this is based on the idea that investors become more concerned about the return of their investments rather than the return on their investments. Risk-free Treasury securities usually have lower yields than riskier corporate bonds to reflect their lower risk of default [and both usually offer higher rates the longer the term, except when the yield curve is inverted at the peak of the business/market cycle], but when there is risk of an economic slowdown/crisis money seeks a safe haven while the 'storm' passes and so demand for Treasuries increases driving up their prices and therefore their [nominally fixed] yield falls as a proportion of their cost. While this is occurring less money is going into corporate bonds and therefore corporations, to encourage sales, raise the rates they offer. These two effects can be seen in a widening spread/difference between the yields between these two types of fixed income investments, and is used by many analysts as a way to determine the degree of fear in the market." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.30828] Need Area: Money > Invest
"Whenever you hear of 'official unemployment' numbers remember this statistic is the narrowest measure of unemployment possible and does not include those who are underemployed [in casual contract or self-employment] or those who have given up searching for work. Real unemployment can be twice as high as the 'official' measure, which obviously effects economic spending and growth." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.30839] Need Area: Money > Invest
"The capitalist free market economist, Adam Smith, spent 80 pages of his famous book, 'The Wealth of Nations' (1776; pp.260 - 340, especially pp.339 - 340) warning about the dangers of allowing banks to lower lending standards, including loan to value and income ratios, when making loans to projectors, imprudent risk takers and prodigals (These categories of borrower are equivalent to the speculators and rentiers responsible for creating the housing bubble of the mid-to-late 1920's and 2002-5 and the stock market bubble and eventual crash of the late 1920's and 2007). Smith made it clear that such categories of borrower will waste and destroy the loans generated from the savings of the bank's depositors. Therefore central banks should aim at maintaining low rates of interest while simultaneously restricting loans to these three categories of speculative borrower, because their collateral - the assets they buy - easily become overvalued and prone to collapse the easier it becomes for them to borrow in order to fund more and more of these speculative investments." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.30927] Need Area: Money > Invest
"One of the greatest dangers to share prices in a recession, besides earnings reductions, is asset revaluations, including intangibles and goodwill. According to U.S. accounting standards, goodwill must be tested for impairment at least once a year and more often if there has been material change due to events or circumstances. While that doesn't have to be done in the last quarter of the calendar year, it often is, which means these write downs are announced in January. The write downs can be significant as auditors can become extremely conservative in recessions given the economic deterioration and uncertainty." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.30940] Need Area: Money > Invest
"The share market, which is a leading economic indicator, historically starts to improve between five and nine months before unemployment, which is a lagging economic indicator, stops rising. Unemployment then usually plateaus for several months before falling. A better forward looking economic indicator is the increase in job ads which usually show the likely employment increase in about four to six months time as this is usually about how long it takes from advertising a vacancy till starting employment. The Australian Bureau of Statistics has a graph that shows this [The Labour Force 6202.0 : ANZ]." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.30969] Need Area: Money > Invest
"When investing in shares as a long-term investor rather than a short-term speculator, I cannot stress enough to also take the perspective of a business person. That means rather than just thinking about share price/earnings ratios and price charts, etc. to also think long and hard about the company's product/service demand and supply, units sold and profit margins, the value of assets and the cost of debt, etc." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.31022] Need Area: Money > Invest
"Debt deflation occurs when the collateral for a loan decreases in value while the value of the loan remains the same. On an economy-wide basis, it occurs as a result of extreme over-indebtedness associated with an asset bubble. So as asset values fall as the asset bubble bursts in the inevitable recession, the debt value remains and people become fearful of being left with no equity and only debt and so focus on reducing debt and saving rather than spending, thereby further reducing the country's Gross Domestic Product, increasing unemployment and still further reducing asset values in a vicious cycle down into, at worst, an economic depression.
The world in 2009 is now in the grip of a massive debt deflation that is destroying wealth on an unprecedented scale. The world has experienced these serious economic issues before. The three most recent debt deflations were:– the US from the 1870s to 1890s, the US from the 1920s to the 1940s, called The Great Depression, and Japan from the 1980s to the present.
Debt deflations are particularly difficult to solve usually simply requiring long periods of falling asset prices and debt levels while savings rise until sustainable levels are reestablished. Neither monetary nor fiscal policies (as advocated by Keynesian economic theory) have worked to solve the problems in the past any faster than if they hadn't been attempted. In fact there is a lot of evidence to suggest, contrary to the hopes of politicians and constituents, that they make the problems worse and longer lasting. The only way to handle debt deflation is by prevention because once it occurs it can't be cured except by time and pain. Therefore it is important that governments, in an attempt to sustain an unsustainable GDP, prop up an economy during a war or before an election, or recover from a recession, never encourage or allow interest rates or lending standards to fall too low (such as too high loan to value or disposable income ratio) for too long because these encourage businesses and consumers into unsustainable levels of debt (supported by unsustainable asset values) which can only be unwound by wealth and lifestyle destroying debt deflation." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.31047] Need Area: Money > Invest
"When considering buying shares in a company it is important to think long term about its prospects as well as its current asking price. This is because owning shares mean that you own a piece of that business rather than just a claim on a piece of paper that goes up or down in price from day to day, and may or may not pay a dividend from time to time. So ask yourself will people still buy the company's products in ten years time and will this company be responsive enough over that time to still be serving the needs of customers well and profitably? [For example, were they around ten years ago and how have the products, markets, company and its competitors changed in that time and are there any trends or threats to this in the next ten years. How much would they conservatively earn per year over the next ten years to cover the ups and downs of the economy and the business cycle, and then discount this a bit for unforeseen issues and decide on a price to earnings and price to book value that would be good for that business and that type of business and then wait for the opportunity to buy it at that price or lower [without being upset it if goes still lower temporarily]. Your price may never come but often it will. By buying a variety of businesses in this way you can diversify your risk and over the long term you should do okay.]" - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.31051] Need Area: Money > Invest
"One of the best ways to approach buying and owning shares is to think about them from the point of view as a part owner of the business itself and if it is a business that serves its customers well you can justifiably take joy and pride in that [and feel confident that over time it will do okay financially too]. Then its up and down price movements on the share market, which is notoriously manic-depressive, aren't as emotionally disturbing as if your worth is only dictated by the price of your shares and your net worth, that day or that year, especially in times of recession." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.31132] Need Area: Money > Invest
"Trying to determine if the share market, as a whole, is fairly priced is not a precise science, especially as the market swings between being underpriced and overpriced.
Three methods have been found to have some merit. Firstly, the long-term mean growth rate of the stockmarket - approximately 7% so it should double every twn years or so - can help. Secondly the long-term average price to earnings ratio of the particular market and thirdly Tobin's Q.
Tobin's q ratio is the ration between the combined market value of all the companies on the stock market and the replacement cost of all the company assets. It was originally formulated by Yale University professor James Tobin, a Nobel laureate in economics. The theory behind the ratio is the combined market value of companies on the stock market should be equal to the replacement cost of company assets.
According to Argus Research, 'When the stock market trades at a ‘discount’ to its replacement cost, the market is inexpensive, or cheaper to buy than build. This discount possesses ‘q’ ratios that are less than 1.0. When 'q' exceeds 1.0, the market trades at a premium. The run-up from 1996-2000 had ‘q’ approaching the unthinkable value of 2.0. Encouragingly, the most recent (1Q08) level of 0.68 implies a reasonable valuation of market conditions [but it should be remembered that the market and Tobin's Q often overshoots on the way down as it does on the way up. For example Tobin's Q during the 1930 Great Depression and the 1982 recession was 0.3]. The long-term average for Tobin’s ‘q’ is 0.75.'
According to the website, Money Terms, 'A Tobin's Q of more than one means that the market value of assets (as reflected in share prices) is greater than their replacement cost. This means it is likely that capex will create wealth for shareholders. This means companies should increase capex, raising more money to do so if necessary, but should not make acquisitions. This should reduce share prices and increase asset prices, pushing Q towards one.
A Tobin's Q of less than one suggests that the market value of the assets is less than replacement cost, making acquisitions cheaper than capex; buying cheaper than setting up from scratch. This should increase share prices and reduce asset prices, again pushing Q towards one.
Current Tobin Q values can often be found on the internet by Googling it.
When it appears that these three market indicators suggest the market is high, it is worth considering having a lower proportion of your assets invested in [or allocated to] shares, as the long term returns are likely to be poor, even disasterous, although that is not to say that the market will not go higher in the short to medium term before correcting in a market crash, recession or secular bear market." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.31184] Need Area: Money > Invest
"History has shown that complexity, leverage and too much optimism is a recipe for eventual disaster for real estate and share markets. In such times a cautious reduction in the exposure to debt and risk assets, in an investor's portfolio, is prudent and rational, even if it then underperforms other's returns for a short time." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.31335] Need Area: Money > Invest
"Just as banks, utility, etc., companies, especially in U.S.A., use FICO credit ratings and Fair Isaac [the organization who started Credit Scores] Bankruptcy Scores to decide which individuals to lend to, predictive statistical models have also been created for businesses - both private and public. One of the most reputable that banks use is Altman's Z-Score. It is already used by professional fund managers and its use by private investors, both technical and fundamental value investors, is recommended." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.31590] Need Area: Money > Invest
"For people to understand why share markets boom and then crash, it would help them to read 'Influence: The Psychology of Persuasion' by Dr. Robert B. Cialdini.
Cialdini spends an entire chapter on Social Proof. He explains it as something that happens when we use the actions of others to decide what is right for us in a given situation. The more we see other people doing something, the more correct we feel that action to be - especially when we view those people as similar to ourselves. You might have heard this called 'herd mentality' or 'group think.' In investing, it is the reason booms go to excessive levels as everyone piles onto the bandwagon even though the share prices may no longer offer any long term profit and in fact be getting ready to fall dramatically - when people start to realise this and sell out of the share market, encouraging still more people to sell and this is called a crash.]
" - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.31863] Need Area: Money > Invest
"The long-term mean growth of the economy of a country, a business or a family is determined primarily by growth in population [including employment participation and market size], productivity, inflation and debt [which must be sustainable in both good and bad times]. This limits most stock markets to about 6-7% per year capital growth per year. When it increases faster than this it is important to work out why in order to determine how long it will continue and what economic indicators will predict its decline back to the mean." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.31873] Need Area: Money > Invest
"[Understanding investor and consumer sentiment is an important adjunct to studying the accounts of any company and the economy and thereby investing successfully. Here is part of an article from MSN Money that details unusual economic indicators that reflect this understanding. Remember of course that the very best value buying occurs when everything looks blackest and then starts to improve slightly. This is because investors are forward looking and therefore markets can rise before the following unusual coincident indicators confirm economic improvement.]
Guys, if you want to know where the economy is headed next, look in your underwear drawer.
If you're like most men, you've got more than a few skivvies in, well, less than perfect condition.
If you're put off buying replacements - and your significant other hasn't done it for you - then guess what? The recession probably ain't over yet.
In fact, right now [2009] men's underwear sales suggest that things have bottomed but not started to recover.
Sure, this sounds trivial. But no less an economist than former Federal Reserve chief Alan Greenspan is a fan of men's underwear sales as an important economic indicator.
It's one of several unusual indicators economists turn to in hard times...
Underneath the underwear indicator --
Greenspan reasons that because hardly anyone actually sees a guy's undies, they're the first thing men stop buying when the economy tightens. (He told this to National Public Radio's Robert Krulwich years ago.)
By extension, pent-up demand means underwear sales should be among the early risers when growth returns and consumers feel confident enough to shrug off 'frugal fatigue,' says Marshal Cohen, the chief industry analyst with NPD Group, which tracks consumer behavior.
After a 12-month, 12% decline through the end of January [2009], men's underpants sales leveled off during February and March, according to NPD. That suggests the economic was stabilizing, Cohen says.
For a recovery, we'd need to see a return to 2% to 3% annual growth in underwear sales. And that's not in the cards, believes Bill Patterson, an analyst at consumer research company Mintel. Based on market research and surveys, Mintel predicts a 2.3% decline this year in men's underwear sales and no recovery until 2013.
That's four more years of saggy elastic and threadbare cotton.
Bra sales headed up? --
Folks such as Greenspan don't seem to look as closely at women's lingerie - reasoning, perhaps, that women are more sensitive about wearing worn undergarments.
But Cohen says a pickup in sales of bras, as well as denim and footwear, will indicate the economy is on the mend.
These are the sorts of items consumers wear longer in a recession, then replace when they feel confident enough to shop again.
Bra sales were up 4% during the first quarter, a key reversal given that women turned more frugal this recession than men did. Usually men pull back on spending more.
But denim and footwear sales remain sluggish, which suggests only stabilization, not recovery.
Watch those hemlines and midriffs --
While economists now track sales, hemlines served as an oddball indicator for much of the previous century. In tough times, the experts muse, hemlines drop as an expression of conservatism [social as well as economic], only to rise again as the markets hit go-go mode. During the late-1990s boom, the hemline indicator was supplanted by a midriff meter, as more women bared their stomachs as the popularity of tech stocks (and Britney Spears) peaked.
When the financial mess hit two years ago [2007], blouses began replacing halter tops, and midriffs started to vanish, observes Jeffrey Hirsch of the Stock Trader's Almanac, which looks for seasonal and other patterns that traders can play.
If you believe this indicator, Hirsch says to watch for bellybuttons, plunging necklines and higher hemlines to confirm that we are in recovery mode. As I write this, looking around the streets of New York City on a warm spring day, it doesn't seem we are there yet.
The 'can I return this?' indicator --
The amount of stuff consumers return to stores can also tell us when a rebound is in store, says William Angrick, the chief of Liquidity Services.
Retailers normally don't share much information about returns, but Angrick isn't shy about it. His company buys returned items from retailers and sells them to other businesses, which put them back on the market.
Returns have spiked for pricey discretionary items - such as high-end apparel and shoes, expensive electronics and top-of-the-line tools and grills - just as they did during the previous recession. 'It's been high since October [2008],' says Angrick. And returns aren't letting up - as you'd expect if consumers felt recovery was on the way.
Here's another bad sign: Angrick says the number of consumers who band together to amass the larger buying power needed to purchase directly from Liquidity Services - like the soccer moms who recently bought a bunch of Guitar Hero games and game boxes - is not letting up either. That's a sign they're not confident enough to pay retail.
The end-of-the-month squeeze indicator --
Some working people and a lot of those on government assistance get paid once a month, usually near the beginning of each month. So during recessions, buying patterns change. Wal-Mart Stores (WMT, news, msgs) has noticed that when times are hard, purchases tend to bunch up at the beginning of the month, when aid and paychecks arrive. People also buy larger packages of stuff at the start of month and smaller ones at end of month as they stretch their budgets.
These two trends have played out once again this recession, Wal-Mart spokesman John Simley says. And neither has let up, suggesting a recovery is not yet at hand.
There's no shortage of quirky indicators in the retail world, in fact. Experts also look to doughnuts and hot dogs. Sales of both rise as consumers seek cheap, comforting foods. During an earlier bout of hard times, hot dogs were sold in more than one place as 'Depression sandwiches.'
The nattering nabob indicator --
With the number of Internet blogs soaring, market analysts now see them as an excellent gauge of public sentiment. Todd Salamone of Schaeffer's Investments Research likes to use the Web site Blogpulse.com to chart the number of references to business-related phrases like 'recovery' or 'Great Depression of 1930s.'
When the nattering nabobs of the blogosphere are using bullish phrases like 'green shoots' often, as they are now, it's a sign the public has become overly optimistic about the economy.
That may sound like good news, but it's not - for stocks. When so many people are already bullish, there are few converts to jump in and push stocks higher. And it becomes harder for the next bit of good news to push up stocks. Widespread bullishness also leaves the markets more vulnerable to surprise bad news, Salamone says.
The recent spike in bullish sentiment is one reason Schaeffer's Investments Research has a bearish short-term outlook for stocks. It may be better to wait for a spike in the use of negative terms - like 'recession' - in the blogosphere, to buy stocks. 'Periods of ultimate despair create an opportunity for positive surprises,' Salamone says. 'They become buying opportunities.' " - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.31912] Need Area: Money > Invest
"There are two ways the share market moves that makes any move hard to interpret: In a rising bull market it goes up two steps and then back one, while in a falling bear market it goes up one step and then back two. Therefore knowing whether you are in a rising bull or a falling bear market is critical to successful medium term investing." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.31959] Need Area: Money > Invest
"One of the best indicators of the long term trend in the share market is the Coppock indicator. Unlike other technical analysis tools, it was designed specifically to identify strategic buy signals for long term investors, rather that just short-term trading opportunities. While it does not catch the very bottom of a bear market, which frankly no method has been found to do reliably, it has a good record of confirming a market rally to be the beginning of a new bull market rather than just a short term bear market rally before the share market falls even further.
It has an interesting history. The story goes, that in the United States in the early 1960s, the Episcopalian Church asked Edwin Coppock, a business economist, if he could come up with something that might spot long-term buying opportunities. Coppock must have thought the stress released by a major bear market was emotionally comparable to bereavement because he responded by asking the church to tell him how long, on average, a period of mourning might last. He was told between 11 and 14 months. Therefore he developed a 10-month weighted moving average of the sum of the 14-month rate of change and the 11-month rate of change in the relevant index. The confirmation or buy signal comes when the indicator is below zero and then turns upwards from a trough.
To be even more certain, other markets around the world should also have their Coppock indicators turning up, the 210 day moving average should have been crossed on increasing volume and the advance decline ratio line, a-d-line, should have rebounded from a previous a-d-line support level. While there may be some pullbacks, when the relative strength indicator shows the market has been overbought in people's enthusiasm to get into the rising market, long term investors have found this to be a quite reliable indicator and therefore start buying when the market dips, expecting it to reverse and rise still higher." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.31960] Need Area: Money > Invest
"Ever wanted to know the difference between sell-side and buy-side analysts? Sell-side are the stock brokers and their analysts who advise and sell to the public, while the buy-side are the fund managers and analysts, who buy for their own funds, which are listed on the stock market and therefore open to the public to buy shares in." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.31973] Need Area: Money > Invest
"All developed countries have agencies to regulate their financial system. In Australia the prudential regulation system was restructured by the Treasurer, Peter Costello in 1997.
It divided the key responsibilities cleanly and clearly between the Reserve Bank (monetary policy and systemic stability), the Australian Prudential Regulation Authority (banks and other deposit-taking institutions) and the Australian Securities and Investments Commission (markets, consumer protection and corporations). All state-based regulators were subsumed into the new structure and the Australian Council of Financial Regulators was created to give the regulators and Treasury an holistic view of what was happening in the system.
Understanding the motives, views and behaviour of these institutions helps investors make good decisions. Just like in the US with their Federal Reserve and its behaviour, which has spawned the advice, 'Don't fight the Fed.'" - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.32498] Need Area: Money > Invest
"The rich become richer and the poor become poorer, because the rich have learnt the importance of saving and investing, which is the magic key to a brighter future for anyone." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.32845] Need Area: Money > Invest
"Markets follow cycles. They go up as the economy expands and they go down when it contracts. In general over time the market goes up as populations, products and productivity, along with inflation, increases. This has spawned the idea of buying and holding shares regardless of the economy. That is not always the best thing to do. Here's why: In a famous speech made to internet entrepreneurs at Sun Valley (Idaho) in 1999, Warren Buffett pointed out that on 31 December 1964, the Dow Jones Average stood at 874, and by 31 December 1981, the index only managed a one point gain to 875, despite the economy growing fivefold. So while the share holder has hopefully received dividends during that time, when inflation is taken into account they have done very poorly with the capital they invested. During those seventeen years if the shareholder had tried to be in shares when the economy and the market was rising and then sell before it fell in recessions they would have done significantly better, more than doubling their investment even after taxes. So the best longterm investment strategy is to try to buy at the beginning of economic expansions, riding the share market cycles up but then sell, and pay capital gains taxes, just before recessions start and the share market falls. This is the famous 'buy low (especially good growth companies with good dividends) and sell high' concept. It is not easy to do but just because it isn't easy doesn't mean it can't be done and shouldn't be attempted. It is the primary way highly successful investors have received superior results in the past, without undue risk from for example using debt to leverage your returns higher than the market's but which comes with the risk of greater losses than the market too should it turn down before you get out." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.32890] Need Area: Money > Invest
"Near the end of a recession, the improvement in risk appetite cannot be underestimated. As the saying goes, 'A rising tide lifts all boats [except those with a hole in their hull].' " - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.32920] Need Area: Money > Invest
"One very simple, active strategy that would have avoided the stock market holocaust in both of the recent recessions [2001 and 2008] would have been to get out of the market when the yield curve inverts and stay out until the NBER announces the recession has ended. While this would limit losses it would not necessarily reap the excess returns available from following a more value orientated investing strategy that buys the shares of excellent companies when they are well below fair value, in the depths of recessions and the pessimism that abounds then." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.32939] Need Area: Money > Invest
"[Usually stock market reports are a little dry but there are always a few 'wags' giving some light relief. Here are a couple of fun reports that do the rounds occasionally:] -- The Local Daily Stock Market Report: Helium was up, feathers were down. Paper was stationary.
Fluorescent tubing was dimmed in light trading. Knives were up sharply.
Cows steered into a bull market. Pencils lost a few points.
Hiking equipment was trailing.
Elevators rose, while escalators continued their slow decline.
Weights were up in heavy trading.
Light switches were off.
Mining equipment hit rock bottom. Diapers remain unchanged.
Shipping lines stayed at an even keel.
The market for raisins dried up.
Coca Cola fizzled.
Caterpillar stock inched up a bit.
Sun peaked at midday.
Balloon prices were inflated.
And Scott Tissue touched a new bottom.
-- The Overseas Daily Stock Market Report: The Japanese banking crisis shows no signs of ameliorating. If anything, it's getting worse.
Following last week's news that Origami Bank had folded, we are hearing that Sumo Bank has gone belly up and Bonsai Bank plans to cut back some of its branches. Karaoke Bank is up for sale and is (you guessed it!) going for a song.
Meanwhile, shares in Kamikaze Bank have nose-dived and 500 back office staff at Karate Bank got the chop. Analysts report that there is something fishy going on at Sushi Bank and staff there fear they may get a raw deal. [It's important not to lose your sense of humour even when dealing with serious issues or serious amounts of money.]" - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33099] Need Area: Money > Invest
"Severe stock market crashes, like October, 1929 and October, 2008 have been explained by the economist Minsky: When times are good, for example interest rates are historically low and the economy is growing above normal rates, investors take on risk in the form of stocks and other assets, especially funded by debt; the longer times stay better than normal, the more risk and debt they take on, until they’ve taken on too much, should interest rates return to normal settings. Eventually, they reach a point where the cash generated by their assets is no longer sufficient to pay off the mountains of debt (leverage) they took on to acquire them as central banks raise interest rates to reduce inflation and deflate asset bubbles caused by investor complacency and irrational exuberance. Losses on such speculative assets prompt lenders to call in their loans. This leads to selling, collapsing asset values, equity destruction, margin calls and ferocious forced selling.
Eventually as investors are forced to sell even their less-speculative positions in solid good companies to make good on their loans and margin calls, markets spiral lower and create a severe demand for cash. At that point, the dreaded Minsky Moment has arrived and a rapid market crash occurs where even very good companies are sold below their fair long-term value. Therefore, as a rational investor, it is always sensible to be especially wary and ready to sell investments and reduce debt when interest rates have been unusually low for a long time and central banks start tightening their loose monetary policy and interest rates and to do it while there is still buying interest, that is before the rest of the investors also rush for the exits. Then to wait until you can use that cash to buy good companies at below their fair long-term value when the selling climax abates. This is the essence of the smartest value investing." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33177] Need Area: Money > Invest
"Learning to invest well is cumulative. You keep reading about what has worked in the past and keep up to date with current economic and company news and little by little your knowledge, understanding and competence broadens, deepens and improves." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33194] Need Area: Money > Invest
"When government deficit spending rises above 3-4% of GDP and Debt-to-GDP rises above 60-70% eventually action must be taken to reduce these unsustainable levels. They include:
-1. Increased taxes [and compliance measures],
-2. Cuts in government services,
-3. Cuts in entitlements [and wage freezes],
-4. Higher interest rates, [lower bond prices]." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33241] Need Area: Money > Invest
"The essence of contrarian investment thinking is that when nearly everyone thinks one thing, then they have acted on it and hope it goes that way. So if everyone thinks a situation will get worse then there is a lot of short-selling and the weak hands and short-term traders have already sold their shares and are sitting on the sidelines waiting to get back in at a lower price. Then if things aren't that bad, the shorts rush to cover their shorts and those on the sidelines also try to buy back in, so the share's price spikes up. This thinking is why technical investors follow the bull bear ratio to see when, for example, people are predominantly bearish - that is have already all sold or are short and therefore the situation is ripe for a spike up should the results not be as bad as anticipated." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33375] Need Area: Money > Invest
"Technical investing is to value investing as hugging the shore is to sailing in the open sea." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33380] Need Area: Money > Invest
"When considering the risk of sovereign debt-bond default it is not only important to consider debt-to-GDP and deficit-to-GDP ratios but also interest payments-to-GDP and revenue-to-GDP ratios." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33419] Need Area: Money > Invest
"When considering future interest rates and the bond yield curve remember long rates are a forecast of future short rates." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33436] Need Area: Money > Invest
"It’s easy to end up with a small fortune in the stock market...just start with a large fortune [and little knowledge, interest or time to follow what is happening and what methods are working and wait]!" - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33453] Need Area: Money > Invest
"After a recession, businesses need to increase their loans due to a number of things. For example: -1- to increase working capital as sales increace but payment time may lengthen from one month to two so twice as much receivables may need to be carried; -2- to increase the run down inventory of stock; -3- to increase productive facilities while prices are suppressed; -4- to increase advertising to increase market share; etc." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33474] Need Area: Money > Invest
"When inflation increases, monetary policy often tries to increase the value of the currency in order to reduce the costs of imports and therefore reduce the pressure on 'imported' inflation. Countries can do this by increasing their exchange rate - ie if their currency is pegged to say their major trading partner's currency or the U.S. dollar, or increasing domestic interest rates to encourage foreign funds that then drive up the demand for the currency and thereby the exchange rate. Increased interest rates also act to reduce domestic demand as more money goes to service loans rather than to buy more things, fewer people borrow and saving becomes more rewarding." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33551] Need Area: Money > Invest
"In any market, there is always a bear opinion and there is always a bull opinion. This explains why there is a buyer for every seller and vice versa, and why markets do not go up or down smoothly. Your focus, however, should be on companies with underlying value, their management teams, their debt positions, and growth opportunities." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33671] Need Area: Money > Invest
"When traders, US banks and US money managers significantly pare back their exposures to countries' banks - due to fear of bank and sovereign indebtedness and possible crisis - the benchmark US dollar London interbank offered rate – the interest rate banks charge each other to borrow – rises. When this occurs the US government through the Federal Reserve can step in to support the world money markets by assisting European, etc banks’ dollar funding requirements using US Federal Reserve USD Swaps - OIS Overnight Index Swaps - where the Fed has more control over the interest rates charged." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33726] Need Area: Money > Invest
"When there is a drop and you are debating if you should wait for a bounce to get a little more profit, or less of a loss, before selling - as you feel the market is starting to fall over and will go even lower - there is an expression, 'Don't try to pick up pennies in front of a steam-roller' that should come to mind. Remember it is better to take a small loss now than a bigger one later." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33732] Need Area: Money > Invest
"On the road to investment success with any company or portfolio, you should be psychologically prepared for many bumps and potholes." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33741] Need Area: Money > Invest
"When you hear the phrase 'terms of trade' what is meant is what the country earns from exports compared to what it pays for imports. When it rises it in turn boosts the economy via higher profits, investments, wages and tax receipts." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33771] Need Area: Money > Invest
"Investing in a company without understanding it's financial statements, history and potential, is like driving at night without lights." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33784] Need Area: Money > Invest
"Most people spend more time planning a two-week vacation [and buying a car] than they do retirement planning [and buying a car-priced amount of shares]. Is it any wonder then that they are disappointed by the result?" - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33785] Need Area: Money > Invest
"An incorrect forecast by an economist or a broker is about as common as a sunny day in a desert or a rainy day in the tropics." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.33795] Need Area: Money > Invest
"Sometimes you hear about there being concerns about market volatility on quadruple witching day. This is the day on which contracts for stock index futures, stock index options, stock options and single stock futures all expire." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.34380] Need Area: Money > Invest
"The idea with technical investing is to see just a little ahead and take precautions and thereby enjoy the roller coaster ride, without excessive irrational fear." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.34381] Need Area: Money > Invest
"As Ben Graham said Mr. Market can be irrational. One day he is too optimistic, while the next he is too pessimistic. But he has 'tells'. For those who aren't poker players, a 'tell' is an unconscious action by a player that tips off the other players to his intentions. Once you know a player's 'tell,' you'll know in advance what he's going to do - and you can clean him out this way. Technical indicators can be used to read and profit from these 'tells'. When combined with fundamental analysis, they can make you a very successful trading investor.
" - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.34670] Need Area: Money > Invest
"Market highs and lows have been called appropriately financial raptures and ruptures." - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
| [Quote No.34681] Need Area: Money > Invest
"From boom to bust - frivolity to frugality!" - Seymour@imagi-natives.com
Author's Info on Wikipedia - Author on ebay - Author on Amazon - More Quotes by this Author
Start Searching Amazon for Gifts
Send as Free eCard with optional Google Image |
|
|
|
|
|
Learn Quotes
