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Ten New Investment Concepts, The Time Has Come

By Jonas Dorian
Published: May 31, 2007 in Silver Investing Articles,

There’s a rumor going around that the Mutual Funds are broken and just can’t work anymore, for a multitude of reasons. They’ve tried index funds, but these, too, have been less than impressive since they hit the street a few years back, and are now being enhanced… what does that say? Here are some new and/or forgotten ideas that can get your investment program back on track:

Next >> Ten New Investment Concepts, abandon the popular averages.

Steve Selengut, sanserve@aol.com, steve@sancoservices.com, 800-245-0494, Professional Investment Portfolio Manager since 1979. BA Business, Gettysburg College; MBA Professional Management, Pace U. Author of: “The Brainwashing of the American Investor: The Book that Wall Street Does Not Want YOU to Read”, and “A Millionaire’s Secret Investment Strategy”

Popularity: 2% [?]

Jonas Dorian is the Senior Editor for Silver Monthly. (0)

Surviving Without Mutual Funds, Part Two

By Jonas Dorian
Published: May 30, 2007 in Silver Investing Articles,

This post is a continuation from the last post,  Part One

From last post: A diversified portfolio of high quality, profitable companies, and an appropriate amount of less volatile income producers was pretty easy to create, to manage, and to monitor.

It still is, when you realize that investing is not a competitive event. The original Mutual Fund managers actually knew how to do this, were paid to do it, and were not at all influenced by the incredible confluence of outside forces that impacts their decision making today.

In their original form, Mutual Funds were Trustee directed within the retirement benefit community, and a stepping-stone to a properly diversified, individual security portfolio on the personal level.

Before the three-ring Wall Street circus came to town, there were only two “classes” of securities, retirement programs were not self-directed, the DJIA was an economic indicator, investing was a personal goal directed activity, and the Yankees won the American league pennant most of the time.

Almost everything (except the Yankees) changed with the onslaught of the “new generation” of Mutual Fund marketeers and self-directed retirement vehicles. Wall Street invented market prediction techniques and new subdivisions of securities; investment products were mass-produced in every shape, size, model, and color, with great financial planning success; sales literature was sold as research/analysis, and financial institutions became indistinguishable from one another.

People pay extra not to collect current interest and loss-taking is seen as a good idea. Unproven team-player Mutual Fund managers receive signing bonuses that would shock professional athletes, and 60-second sound bites on CNBC define today’s investment reality to the masses.

A calendar year is now long-term, buy high/sell low a religion, and absolutely everyone, from accountants to wedding planners, can sell Mutual Funds for extra cash. Wall Street is Las Vegas in pinstripes and red suspenders.

Are today’s late trading, market timing, and executive suite scandals going to change things dramatically? It’s doubtful, simply because Mutual Funds are so profitable for the institutions, so mindlessly easy to sell for financial professionals, AND the only available investment medium for hundreds of millions of employees throughout the country!

But is there a better way to invest safely and profitably in spite of all the problems? You can’t afford to be lazy anymore. Learn how to manage a high quality, diversified portfolio of individual securities.

Steve Selengut sanserve@aol.com steve@sancoservices.com 800-245-0494 Professional Portfolio Manager – Separate Accounts Only, & No OE Mutual Funds Author of: “The Brainwashing of the American Investor: The Book that Wall Street Does Not Want YOU to Read”, and “A Millionaire’s Secret Investment Strategy” 

Popularity: 3% [?]

Jonas Dorian is the Senior Editor for Silver Monthly. « Previous