1. Time value of money. This is the most important concept when considering investments. Once you understand the time value of money, you can then help others learn the ESSENTIALS and CRITICAL elements of Investing.
Posted Friday, July 15, 2016
Investing for Beginners. We all need some direction.
Posted Tuesday, July 12, 2016
Debt: From Crisis to Great Recession.
Posted on Monday, February 1, 2016
Hold onto your hats!
1. Mark Skousen investment recommendations, news, and alerts.
2. Mark Skousen’s personal blog on money and economics. This is Skousen’s investment letter.
3. Skousen is the founder and producer of FreedomFest, which to my eyes looks like a star-studded, Republican/Conservative conference for business-minded folks searching for social as well as political capital more than ways to find how to build capital. Their About page states the following
FreedomFest is an annual festival where free minds meet to celebrate “great books, great ideas, and great thinkers” in an open-minded society. It is independent, non-partisan, and not affiliated with any organization or think tank. Founded and produced by Mark Skousen since 2002, FreedomFest invites the “best and the brightest” from around the world to talk, strategize, socialize, and celebrate liberty. FreedomFest is open to all and is purely egalitarian, where speakers, attendees, and exhibitors are treated as equals.
At first I thought it was a group of investors looking for insights and a leg up. But it’s not that. FreedomFest looks like political activists involved in political reform. And upon further examination, it’s not even political reform; it’s political talking points. Period. One of the speakers in their FreedomFest 2015 Review stated that “We realize that FreedomFest is a big tent.” Ah, you can’t get more of a political statement found on the floor of a political rally than that. And it seems like an incubator of conservative/Republican people to nominate for the next presidential run.
4. Tom Woods interviews Mark Skousen on January 22, 2016, where Skousen criticizes the gold bug Austrians and says that there is always opportunity in stocks or equity markets.
5. Gary North had the following article on Monday, February 1, 2016, and made the following point on the Bank of Japan’s announcement that it would start negative interest rates:
On Friday, January 29, investors proved around the world that they are blithering idiots. The Dow Jones is up almost 400 points.
Why did it move so fast? Because there was a story that the Bank of Japan was going to introduce negative interest rates.
The story was essentially fake. Almost immediately, a columnist for The Washington Post described in detail just how fake it was. You need to read this.
This might be the Jedi mind trick Japan was looking for.
Markets, at least, sure seemed to think so. Japanese stocks surged almost 3 percent and the yen was down about 1.5 percent, which helps exporters, on the news that the country’s central bank had done something it had never done before. That’s cutting interest rates into negative territory. Instead of paying banks 0.1 percent on any deposits they have with it, the banks will have to pay the central bank a 0.1 percent penalty for the privilege of holding their money there. Or will they? If you read the fine print, it turns out that this negative interest rate barely applies to anything at all. So in a way, it’s almost about tricking markets into thinking that it’s doing more than it actually is.
And it’s kind of working.
It worked flawlessly. The lemmings streamed back into the equity markets all over the world.
1. EBITDA, Earnings Before Interest, Taxes, Depreciation, and Amortization.