Never before have I learned so much so quickly from our readers! And I did it all last week by reading and responding to the thousands of responses to our “Question of the Day” on my new blog.
Here are my questions — and your #1 answers — in a nutshell …
My question: What is your biggest obstacle to making money today?
Your #1 answer: The confidence to invest in these crazy markets.
My question: What knowledge or skills do you think might help you make more profitable investment choices?
Your #1 answer: Better timing!
My question: What if I held a free online event to walk you through all the things I do to avoid investments that could blow up, to lead me to investments with the greatest promise, and to help grow my money even in the worst of times?
Your #1 answer: Yes, please!
So here it is! Register to attend our complimentary online video event on Thursday, February 26 …
THE 11 LAWS OF BEAR MARKET SUCCESS
How to Prudently Grow Your Wealth
Even When Others Are Losing Everything
In this fast-paced, 1-hour, online video briefing, I’ll bring you quickly up to date with the latest dramatic changes that pose grave new risks — and open great new opportunities — for every dollar you have invested, including …
The Washington Bailout Disasters: How and when the new stimulus and bank rescue packages will backfire, plus what you must do now to protect your wealth and your family.
This must-attend briefing is FREE
and registering takes only seconds …
Just click this link to tell me you’re coming and to make sure we can get you the instructions for attending.
Plus, help me make sure this free event gives you even more — by clicking here or scrolling to the bottom of this page and then telling me the one thing I can do for you at this event that will help you most!
Good luck and God bless!
Martin
{ 251 comments… read them below or add one }
Is there a way I can speculate on the price of oil that is better than LOIL or DXO.
I often have commitments on the days of your conference calls. A printed transcript is the best help to me.
Does GLD seem like a prudent investment for the average investor? It now makes up approximately 15% of my portfolio.
Tell us what you think will happen to the prices of gold and silver right after the G-20 meet again in April. I am still in the silver ETF (SLV), so tell me and all those others in SLV if it is still safe regarding Barclays Bank.
Give us some specific picks and let us know if they are for short-term, medium-term or long-term. E.g. Give us the latest currency ETF pick as an example of your new currency training program.
Offer an affordable (e.g. $20/month) alert service for currency ETF / currency ETF options trade recommendations.
–joe
I made a bundle in FZA (triple inverse ETF for financial sector).
Tell me when I should get back into it.
Suitable tips for elderly investors on fixed income who need a little extra from their investments with some capital growth please.
please help me sort through the confusion of all the subscription services….Some say we are ready for a BULL market unlike anything we’ve ever seen and some say the exact opposite.
I am trying to overcome a BIG obstacle. I need more knowledge in order to invest wisely. Since I lost big because I did not spend enough time on research, I am leary to reinvest. I was going to school after losing my job and was using my money to pay bills. It is hard starting over. Now I am once more ready to be serious about making my money (that I have left) work for me and earn back some of that that was lost.
My wife and I will have to be at the doctors all day FEb. 26th. Can you please tape, the program so we can watch it later?
barry_boggs@yahoo.com
PS I didn’t sign up for it cause I didn’t want to take someone else’s place.
I don’t have time to read all you articles. I haven’t seen any tips on how to safely investing in a Swedish bank account or market fund. Thanks.
I have a day job, with unpredictable lunch breaks.
Are short-term treasuries STILL the safest place to be right now??? And, should I have some hard cold cash at home??
I’m still learning. Clarify Shorts & Options, I don’t understand the ticker.
Gold seems overbought at present given Commitment of Traders representation of the market and The US$ is being posited as set for a big decline by Jack (I think) whilst Larry and yourself are pro-$. I understand the argument for both sides but stuck right in the middle – should one buy gold, hold $ or both – will you let us know how to get out of the $ when the time is right? I have Seven figures in cash! Will holding short term US Treasuries protect against a declining $?
Dear Martin, Could you please tell us whether or not your list of 100 best and 100 worst banks is still correct?
Thanks
Sam
Address the chances of and the anticipated impact of re-establishment of the ‘uptick’ rule.?
Why not relax the mark to market accounting standard to ease the acute burden on the banks to assist in stabilizing the economy?.
How do we as a country collectively and practically go about eliminating the Fed Reserve Bank etc. ?
Any likelihood of the Fed outlawing individual ownership of gold?
explain how investing in gold and silver is such a good hedge if the gov’t has the ability to confiscate gold and silver as they did i believe in 1937. wouldn’t stocking up on food supplies make more sense ? you can’t eat gold and silver. and hyper-inflation would prohibit you from buying food at any price.
Recommend some ETF’s that may help grow my wealth.
Why is there so much controversy about wether to buy gold. Some say its only good against inflation or depression. Others say its no good in a recession. If we are in a recession then Gold should be going up in price? Can someone clarify what is going on.
Your information has been a geat help in undedstanding what is going on.
Thank you very much!
What are the indicators that will show the market in regaining confidence?
Why is there so much controversy about wether to buy gold. Some say its only good against inflation or depression. Others say its no good in a recession. If we are in a recession then Gold should be going up in price? Can someone clarify what is going on.
1. Please send a reminder notice on day of & make sure connections work! I’ve tested before & then when tried to log on, was not able to get into the conference.
2. Please could you make your timing services more affordable? We all have been hammered so hard, money is very tight, no one is perfect & not all of your suggestions will work, so can’t afford to spend too much.
For retired investors…..what can we do to safely preserve our capital but get better returns than treasury MM funds which you now have us in. What other low risk investments are available for us? I am not interested in reverse ETF or risky vehicles
It appears that I cannot win in this market. The basic fundamentals no longer apply and I want to protect my capital but am at a loss for answers. It seems like the best thing to do is stay out of the market but then I pass up on opportunities that I do not recognize.
A family member passed away recently. I thought losing that person would be the only tough part to get through…that person has two properties in SW Florida, one with a mortgage. I can’t seem to move them – what are my best options to remove this extra financial expense?
What is the critical item to watch for in ETF portifolioes and when will it be prudent
to trade “DOG”, “SH”, or other such? Thank you Sarah
Thanks Martin,
This event couldn’t be more timely. I (and several friends of mine) would like to know two things about owning gold. First, what are the risks of owning “paper” gold, and how can you protect yourself? Second, if I want to own “physical” gold coins, what should I buy, and where can I find it?
Thanks again,
Robert
Given that the US will have a monstrous exercise to finance/refinance the multiple trillions this year and next (probably more ) interest rates ,long and short ,will rise significantly , probably later this year other than shorting Treasuries ( and they can play games here ) ……where do we go ? ……yes , gold , but what about other currencies ?
I am lead to beleive that a package of Australian , Canadian dollars , Yen and one or two others is a haven . The fiirst two are totally resource based and if the global markets don’t readily come back where’s the return ?
What about the Swiss Franc ? …lots of good Swiss companies and Swiss denominated debt ? ….I’m not sure the Swiss have , or will recover soon from the debacle of investing in Eastern Europe or not .
You views would be most welcome . You have the best grasp of the financial world today of anyone I follow .
Don Paterson
How sound is the U.S. Dollar right now?
How sound is the Mexican Peso right now? I have Pesos in Banamex, and the account is losing value every day with respect to the U.S. Dollar.
A 56 K MODEM OPERATING AT 36.6 ON YOUR SITE DOESNT CUT VIDEO. A POINT FORM TEXT SUMMARY WOULD BE VALUABLE. CLIFF
Martin, Could you comment on 1-04-09 Wall Street Journal article “ETF Math lesson-Leverage can produce unexpected returns.” The article advocates that these are short term designed investments that will disappoint when used as a long term strategy due to the compounding effect over time. Safe Money Report has recommended these for a long time. I would be interested in your thoughts. Thank you.
Just tell it like it is… I fear it may be painful.
I have been using preferred stock type ETF’s (PFF, PGX, etc.) and Canadian Oil trusts (PWE & HTE) to get high yield dividends. Although they have been sliding on their yield %, they are still very good in the 10-20% range. Is this a wise thing to do and do you have a better alternative to achieve monthly income?
In the currency markets,Jack Crooks thinks that the dollar is going to be strong:However Larry Edelson seems to think the opposite effect will occur.I’m confused. Can you address this in your upcoming seminar. Thanks,
Frank
Please athis important session for those of us who will not be available that day
Why don’t the government print United States Notes instead of Federal Reserve Notes?
I think that behind all this government rescue nonsense there will come a massive credit crunch when yields on US treasuries will reach double digits. Maybe as early as QIII 2009. What do you think?
I think the one thing you can tell me that will help me most is how to make the most from a small investment.
Timing. What’s happening this week. When will the pullbacks/runups likely to occur in what sectors. Forget the long run. To me this is a channeling market for yrs. to come. Is gold ready for a run or pullback? Commodities will be taking before long, when? 2 mos.or 4-5 months. DJIA you say will hit 5500-5000. Maybe it’ll hit 12000 before that occurs. If it hits either which will occur first and about when.
I don’t feel it’s wise to use history as an example. Nothing is the same.
Please address some prudent moves for small investors. Us 10-15k people.
Dear Martin,
I very much enjoy your website and financial advice. However, I am looking for work, so right now I’m semi-retired. Unfortunately, I cannot avail myself of your recommendations.
That being said, it would help me immensely to know:
1. When to sell gold and silver?
2. When to sell my current home in Iowa and buy that retirement home in Arizona or Nevada?
3. Is martial law, Fema camps for citizens, confiscation of property, and takeover of the US by the global elites our future? Should I leave the country? If so, what is a safe place? Do you know where the elites are moving, for example, Paraguay like the Bushes? I’m considering Ecuador or Panama.
Best regards,
Kirsten Sheffield
sheffika2003@yahoo.com
Hi Do you see the markets recovering back to the July 2008 levels in the next 3 years?
You said the time of the call is 12pm is that noon or midnight?
Does my option become less profitable if I sell before Mike or Jack says to
and then when the price goes down,(as has been happening) and buy again a few weeks later.
Why should we buy treasury bonds if the dollar is going to be worth much less?
We will still be paid with dollars.
Those who follow the argument from the index investment supporters, like John Bogle, say that the market is so random, that in the long run you can not successfully time the market in a consistent matter. Why do you think you can?
Isn’t concentrating on asset allocation and re-balancing 2 or 3 times a years a less risky and less time consuming solution, that has proved successful over several decades and out-performed market timers.
Being elderly and living in a continuing care retirement facility and we hold no properties. How do we keep our social security and small retirement income continuing to come in so as to pay our ccrc monthly fee? Is there anything we can do to help this ccrc (a very honest and fair one) to continue to care for us without the fees skyrocking?
Thanks Martin, I’ll look forward to the event. Please let us know if you will be able to put in a service that will tell us what and when to buy and what and when to sell. I for one would be delighted to pay for this service. Looking forward to the personal money machine as well
need help timing entrys/exits currenceys markets 1/1 walk,thru show&tell!
Hello, Mr. Weiss, Ph.D. The moon is void until 4:24PM, EST, on February, 26th. That means that nobody is going to be thinking logically. It will probably be a good time to sell your financial DVDs. I already lost $50,000 from “Science and Technology” in 2000. That was enough for me. But, if I can get in this time, I would like to listen and learn. I think that I would have to go to Harvard to be able to do what you do. There’s probably no other way.
Sincerely,
Mildred M. Marble
How to best time my entry and exit into an investment. What information will best tell me when it is time to get out of an investment.
Hi Martin,
The number one thing that would help me is the answer to “Is there a German Euro equivalent of US short term treasuries which you advocate, in terms of safety of deposits, and if so, how can I access it?
Thanks again,
John
Dr. Weiss, is their any way you can let our political leaders know your insight on the many problems facing our great country ?
I cannot attend your online blog. Will this be available online print aftewards?
Thanks again.
Please comment on some of the better EFT’s for a rough market
I HAVE BEEN USING YOUR WORLD CURRENCY ALERT & THE INVERSE ETF PROGRAMS AND HAVE NOT MADE A PROFIT YET. hOW CAN I DO BY MYSELF WHAT YOU HAVE NOT BEEN ABLE TO DO FOR ME?
CAN YOU TEACH ME HOW TO REACH AT LEAST A 75% ACCURACY WITH CONFIDENCE?
Please provide text notes so I don’t have to take notes on the briefing. My note-taking leaves something to be desired.
1. Please make video or transcript available later in day so I can see it or read it. I have a day job!
2. Please forecast farmland prices. Are they going to go up or down?
Thank you
Hi Martin,
I must commend you on how prescient you have been. I’ve been with you for about 5 years now and it’s all coming true. Great job! But… how will this all play out? What are the best type of investments to be in in the short and long runs? Will there eventually be inflation and then deflation as I’ve been reading? It all seems frightening. The forces are so fast and unrelenting.
Thanks,
Glee
You have rated State Farm and TIAA-CREF annuities as A+. To sell them would open me to a huge income tax payment. Do you still believe they are safe under the present market conditions, if not can they be a roll over into something else. Thanks, Marjorie
What are some of the things we need to look for that signal the bottom and it’s time to start investing more in the stock market?
Sadly, I will be moving through Manhattan (without benefit of laptop) during your free seminar on Thursday, Feb. 26th. I do hope there is a way to view it later, or to have a transcript. Do you think this will be possible? It would be much appreciated.
i m afraid of the coming inflation &that the $ will be worthless . i have sold all my investments & now have only $sin cds & bank money markets. at 83 YRS WHAT CAN I DO TO HELP PROTECT MY FAMILY. i tal ked to u and yr father at a few money shows in florida; some of my fondest memories. thank you sandy sanjek
The one thing you can do to help me the most re your video briefing(s) is to have some way to broadcast the audio portion only. I have a dial-up connection and as you know can’t really receive video.
Thank you,
Bill Wells
Martin
Explane everything in black and white. Im a slow learner.
Thank you
Vernon
The indicators do you use to determine a bottom or near bottom.
Please say a few words about gold as a hedge. The ‘goldbugs’ say buy and The Oxford Club says sell! Who’s right?
I’m working during this conference call. Can it be recorded and accessed at a later time?
Please tell me where to put my money…….exactly when to put it there………and exactly when to pull it out………thanks…….HK
martin,
Some education of how to analyze investments so our money grows and not disappears!! Your basic principles will be a start and then we can grow from that point.
Thank You
Nelson
What are the best ways to store or protect gold (Krugerands, Canadian Maple Leafs, Chinese Pandas, American Eagles, etc) from confiscation? And, what is the possibility of Silver confiscation? Stan Clemenz, Pensacola, Florida
Explain how to translate the sometimes diverging opinions within the Weiss Investment Group. Some of you say buy or sell at the same time.
Hi Martin I would say your 11 laws for bear market sucess would be the most important thing to help me and how to protect what you do have.i’m sick of these so called advisors telling me only they know the winning stocks for the future(i dont go for it)but one by one i see them crash,then they act like its good news!They then tell you hang in there for the long haul and buy more with new money and get rich on the dividends.My favorite is this guy with the coca cola story”if you invested in 1890 and reinvested your dividends you would have 4 million dollars today.I dont know about you but I dont have 100+ years to wait!!!I cant wait to hear your insights as Im sure many others do too! Thank you in advance. jim
Your Feb. 26th event is a great idea, however the timing is bad for people who do some day trading. Could another event be presented at a later time as 6 PM Central time?
Is there any way you can caption (as in TV) the key and necessary comments of the panel? Because of hearing loss, I need help with voice inflections which mute some key information. Or as an alternative, to print out the in outline style the key points.
Marie Ruys
Toruys@athenet.net
My biggest failure on investing is timing. I have a hard time letting go over the past three years. I am back to where I was in 2005. I have several web sites to track funds and am closely monitoring the market; but, I still lost 28% since nov. 1, 2007.
Frustrated Bob
I’ve got a dream. What will China need that will take two thousand people to produce to supply the country of China?
Dear Mr Weiss:
Your perspective in having worked closely with your Father; my question is during the 1930s were there core businesses/industries that became successful and would some of those businesses be viable today?
thank you
Dwayne
A fresh approach to global banking is mandatory. What do you see as near-term things to do to create a fresh approach?
Questions:
1. Is Wells Fargo a safe bank?
2. For a 59 year old couple with retirement income of $90,000 per year from a defined benefit plan w/CostOfLivingIncrement, and $400,00 in retirement savings invested in stocks, how much should be invested in U.S. short term treasuries?
Martin,
I now live half a world away, in the Philippines, and half a day away (half a day ahead). When it’s noon there it’s the middle of the night here. How can I set-up to automatically record your seminar while I’m asleep?
Bill Korsgren, Tu 2/17/09, 7am
Mr Weiss,
I made money last year through inversely correlated mutual funds but it stressed me out due to worries of losing it all including capital due to brokerage or bank implosions. What can Joe Average do to protect themselves vis-a-vis getting setup in a brokerage backed by a strong bank? Should one go offshore? Have multiple brokerage accounts as a backup in case one goes extinct? Thank you for all you do!!
Michael
I would like to take advantage of your many suggestions, but most of them require nearly daily surveillance. I would like to hear of strategies that that require periodic tracking – say once per week or so.
Thanks.
PLEASE SEND TEXT- I CANNOT RECEIVE VIDEO OR SOUND!
Do you hold any hope for small cap US companies funded by private investors?
70% of my entire portfolio is in 13 week T-Bills with interest rates @ less than one quarter of one percent per year…. my wife says I’m crazy, and keeps asking me WHY I’m not heavily into 5year 4% California Tax Free’s….She says they have to pay us BEFORE they even pay state government employees, teachers, police, etc… What can I say to her…??
Make money on a daily basis that will cover my living expenses since I now have NO income. Know when to use the inverse ETF’s and the positive ones and what to look for daily.
Please make this online video briefing available later for those of us who can not leave work to attend on the 26th at 12:00. I would love to but there is no way, but I really want the info. Thank you again so much for your generous help.
Hi Martin,
To say you’re doing a fabulous job is a gross under statement, you’re work is outstanding and very much appreciated. We need a lot more like you to make this world a better place.
My question: UK citizens don’t have the benefit of having the worlds senior currency, it’s not convient to buy US T bills and I fear we may go the way of Iceland, so how do we protect our wealth surely not holding short term gilts?
Thank you in advance.
Martin.
. 1.What is your take on front loaded Equity Indexed Universal Life Insurance Policys as a good place to “Store” your money?
2. Equity Indexed Annuities that yeild 20% in the first year( 12% Premium Bonus up front and 8%over the first year) and then ride the market back up over the next 5-7 years seem like a good match for safely riding out the next 5-7 years.
Should we really consider that Aviva, Allianz and other “well endowed” traditional Carriers might not be able to meet their obligations?
might not be able to pay their “Claims”? ……Thanks for your flow of “Good Info”
the truth about the world oil supply. shortage or glut when world economy recovers
tell us what time on the 26th :-)
Martin. thank you for your honesty and unwavering belief in your covictions. My biggest enemy is listening to the talking heads and straying from your suggestions. I don’t know if it is greed, optimism or a combination of both. I believe your forecasts have sadly been accurate.Timing is an issue for me as well as being patient and not bailing out of inverse positions due to market rallies and fear.This more than anything has caused me losses even though I had the overall theme correct.Do you think we should stay away from all stocks including silver and gold? Thanks Bill
Hello Martin, can you include positive investment choices for those living in countries
like Australia and also what to avoid.
Thanks, George
Dear Mr. Weiss,
I don’t think this is a regular bear market in a free economic system.
The US is about to be transformed into a socialist country at best or communist dictatorship at worst. We are not speaking of free market forces but government control. What can one do in this situation?
The market seems to be range bound, but gradually declining. I’d like to short the market with contra ETFs but I’d like to take advantage of any bear market rallies in the short term before things start heading south again in a big way. Any insight you can provide in this area would be most appreciated. I’ve been thinking we’re due for a rally related to latest stimulus package, but things just keep sliding.
Martin,
I am frustrated that I cannot attend this talk “in person” due to a business meeting. Are you taping it for replay later?
Best wishes and thanks for a great service,
Dave Smith
Dear Dr. Weiss,
Do you have an updated “blacklist” for insurance companies for those of us who have annuities in our portfolios?
Thanks
John DeRossi
I’m sure others must have dial-up which makes video conferences a total loss unless there is a transcript or summary. Thanks for doing this with other conferences.
Martin,
One of the places you say your father placed his funds towards the end of the depression was in undervalued blue chip stocks. Could you expand on that area a little and be more specific.
Art
The one thing that will help us the most with your Feb 26th event, is how to grow our portfolio. We cannot sit still why we draw down our funds for budget deficits each month. We have cut our expenses to the bone. Now, we need to increase our income either through growth and/or dividends, or whatever will work.
Thank you Martin,
Dick
Dr. Weiss,
What happens to PUT options (expiring January 2010)on a bank stock if the US government decides to “nationalize” this bank overnight? Nationalization of a bank would wipe out shareholders, what happens to holders of PUT options (out of the money)? Thanks
Shay
Your question martin is “one thing I can do for you at this event that will help you the most”. You have done it already, that is, you have given me and my family hope in this bleak near future. Thank you, I am going to take the day off of work to be with you live online for this event. I am a partner for life of “money and markets”.
Just help! I don’t know where or in what to invest.
Dr. Weiss, I know demographics is becoming a problem and is telling the future of the USA and European economies, not good, except health care. However I would think China is in the age of demographics where we were in the 80’s. Is that true and is China the place we should be looking for profits and future. After all they have cash we do not. They have spenders and money to spend with, and we do not. What do you think, is the China where we need to put our money?
It would be very helpful to know what you think is the probability that the Government will make radical changes to the 401K and IRA laws. Specifically changes that would severely restrict my investment options, thus limiting my retirement portfolios growth potential. Currently I am 100% in the Vanguard Admiral Treasury-only fund and have been so since April ‘08, but in the future, when the timing is right, I would like to take advantage of the fire-sale prices. The worse case scenario for me would be the out right confiscation of my retirement account and replacing it with a Government controlled pension plan. If there is any probability of my worse fear coming true, then I think I would rather cash out my retirement, pay the penalties and keep personal control of my future.
please discuss/cover the viability and safety of annuities with firms like Equitable and John Hancock, etc. Thanks.
One area other than stocks, would be currencies. Thanks, Ray Watkins
The Money I have current hold in cash, while safe, is not growing. Looking for stock investment advice, which your deflation survival briefing should greatly help, in respect to my current state of caution about investing. A typed copy of the briefing a few days later would be an invaluable heip and of great reference for review. Many thanks Martin.
In Larry Edelson’s “It’s A No-Brainer—-” last week, he points out that due to the deeply oversold market we are going to see “one of the most powerful stock market rallies ever” — that it will get [much] better before it gets worse. This is a confusing message as we hear you say to sell all stocks — get out of everything other than short term governments.
Do you believe we will see a substantial rally prior to —— ?
Also, I agree with the comment made by “SnoopyJC” above. I would appreciate a monthly subscription to an alert service that consolodates the best advice from each of your “experts” in a, perhaps, weekly email. The depth and breadth would dictate the amount I would be willing to pay for it — somewhere between $20 and $30 per month. After gaining some confidence in the quality of advice I would be willing to sign up for services that provide more timely advice and pay more for it.
Updated list of good and bad banks.
Dear Martin
I live in Australia and will not be able to attend any seminars. I however still learn lots from your e-mails. I would appreciate if you would be able to forward me some notes from your siminar after the avent.
Yhank you and kind regards
Michael
Thank you! I would be most interested in specific ways to identify price targets and setting stops.
How long this hell fire is going to last? I am Thai. I have most of my saving in various mutual funds which has lost its value by half since last year. Thank you.
Martin, (1.) It would be good to know what stock sectors you feel would do well in the deflationary & eventual depression enviroment we are going to continue to experience for a few yrs. (2.) Do you use trailing stops on all your investments of stocks?, (3.) Do have an allocation of your stks in verious grps such as foreign, U.S., bonds, metals, etc. and what are they? (4.) What would we do, when it looks like the U.S. Govt will not be able to get foreign govts to support our debts and an approaching trade war or restablishing sizeable tariffs are setup again by many of our so-called friends, like in 1929 era was done?
Will you will have a transcript available of the conference since it is difficult to get video on dialups ISP’s? It will be most helpful. Thanks for doing something like the 11 steps program.
Because 12 noon in Eastern USA is 1 am in Perth Western Australia (3 am in Sydney & Melbourne), could the entire program be replayed on the web as you have in the past?
This would be greatly appreciated.
Where has our Nations integrity gone and how can we get back.
THIS IS WHAT YOU HAVE ALREADY DONE FOR ME: MY BROKER GOT ME IN THE LORD ABBETT BOND DEBENTURES C. FOR INCOME. THIS HAPPENEND ON THE DAY I GOT THE JANUARY SAFE MONEY….THE ONE THAT SAID DONT BUY ANY BONDS ! i TRIED TO GET OUT OF IT THE FOLLOWING MONDAY, HE SAID HE WOULD LOSE $1000 IF I SOLD IT BEFORE 30 DAYS. I SAID I WOULD WAIT 30 DAYS.
BY THAT TIME I GOT THE NEXT SAFE MONEY. THIS GAVE ME THE COURAGE TO SELL ALL THE LORD ABBETT BONDS. FEAR AND DENIAL ARE NOT A PLAN, AS HARRY SCHULTZ WOULD SAY. IT WAS UP A LITTLE AND THERE WAS A DIVIDEND SO I BROKE EVEN. WHEW ! NOW I’M BACK IN CASH WITH SOME INVERSE DOG, SEF AND EUM. THANK YOU, MARTIN, YOU HELPED ME ENORMOUSLY!
MANY THANKS, LIZ HANNOCK
PS I’M HAVING COMPUTER TROUBLE…THAT’S WHY I’M USING CAPS.
I DONT HAVE MUCH LEFT, SO i’M NOT A CANTIDATE FOR ANY OF YOUR PROGRAMS.
i’M TRYING TO SPEND LESS AND HOPE I DONT LIVE TOO LONG. I’M 83 AND A WIDOW.
I’M PRETTY HEALTHY SO THAT COULD BE A PROBLEM. MY KIDS ARE DOING WELL,BUT WHO KNOWS WHAT THE FUTURE WILL BRING.? I FIGURE, IT’S AN ADVENTURE !
have a replay of your online-video would be helpful
Thank You, for your insight. It seems all the old rules no longer apply. How do you expect the dollar to perform against the Euro and Pound.
The one thing I’d like to know is where I can put the majority of my money that is safe and keeps up with inflation. (Yes, T-Bills seem the savest, but they earn nothing right now and don’t keep up with inflation over time). I’m not looking to make a killing… I just want to keep what I’ve earned and saved and be comfortable in retirement (5years away maybe).
Thanks for asking!!
Martin,
I am concerned that dollars in short term treasury bills money market funds will be unavailable as the financial system collapses and wonder if a person should hold large amounts of cash in their own possession. I also wonder if a person should hold in their possession some physical silver in case of financial collapse.
Jack Fraley
How can I get on your list that shows good and bad banks?
What is a Safe Money Subscriber, cost, and what do they get?
What is your “x” list?
I’d like a rundown on all the (remaining) brokerage firms.
Thanks!
Martin,
I recently started to invest after 7 years. The reason I stopped is because I was raising a family and we needed every dime to make ends meet. My questions to you is; I want to start with dividend stocks. My concern is which stocks you yourself would invest in? I have read many articles and most stock managers advised to only deal with companies that have track reconds of dividends payouts for 25 plus years and dividend payouts of 6% or higher. In your professional opinion, do you invest the same way? Thanks
Marten
I have about all my money in cash. a few thousand in stock and a few thousand in currency. Sitting on the side lines buying on the down turns and selling out the same day if not the next day big down falls that is. I’m lookin for some up turn in the future even though its for short term. Do you think this coming soon and do you think this is a wise thing. Held a few stocks back after 911 that went bad Charter Comm. chtr and now filling bankrupt april 1 also jdsu,emc sold all of charter jdsu and now i’m useing all of these as a washout so I don’t have to pay taxes. These were stocks that wall street said we could never go wrong owning. Do you think up in april and just what other investments could would it be wise to get a annutity with axa they have a 6% fixed rate do you think this is safe.
thank-you Dr. Weiss & God Bless
do you thing this
Matin.
Mostly, please elaborate on what you suspect will happen to the SKF & SRS once this stimulus goes through – specifically if bank(s) are nationalized or a bad bank is formed.
If you have the time – WHY IN THE WORLD is it not so publicized or talked about just how fragile JPM/Chase is with $90+ trillion in derivatives? It seems if it collapses, only God can save us.
Thanks.
Chris Muscia
Martin – The biggest and most important thing you can do for me is to get me the information on your video within no later than 3 days of your video presentation. I have subscribed to your Safe Money Report for quite a few years now, and cannot get video as I have dial-up. The last video info took a couple of weeks to get. Send the information by e-mail and I and others like me will get it and be able to act on it. Thanks.
Martin – I hate it when my computer acts up. It looks like the message I wrote was deleted. The best way you can help me and others like me who have dail-up is to get us the information given on the video by regular e-mail within no longer than 3 days after you finish the video. I have subscribed to your Safe Money report for quite a few years and would like to tune into these video things but can’t. The last video info took two weeks to get to me. That’s not much help in these fast changing times. Thanks
What are the eleven laws?
Hi Martin,
Unfortunately I won’t be able to view your webcast at the time indicated as I have still a week left on my temporary job. Will this be available to watch at a later time?
Thanks so much,
Linda
It’s a 16 hr workday for me. Will you have the video available later?
Thanks
Dr. Weiss,
Thanks for so much for the great information you provide. I especially appreciate you sharing your father’s experiences in the Great Depresssion.
I am new to investing. I haven’t lost any capital but I see all kinds of uncertainty in the markets and our society, too. In fact, the uncertainty may be changing into fear. One way you could help people gain confidence and add credibility to the services you provide would be to disclose if any members of Money and Markets use the products and strategies recommended by the firm. People will have more confidence in products and recommendations if they know the people recommending them have also used them and have had a positive experience doing so.
Your information is in-depth and fascinating.
My company is ending our 401K. When I tranfer it to a traditional IRA all my IRA’s is in stocks. Should I put the money into an IRA or cash out, pay the taxes and put it into a US treasury fund?
When I think of one of the real potential gifts of the internet I see a teaching system where the gifted experts can be accessed to provide education for the masses. A cusomizable academic program that provides the true teachers with the financial rewards they deserve while providing the greater number of poor students with a more affordable education. This type of education would be far more beneficial to society as well as to the students. This is a far more reasonable method for learning while avoiding the indoctrination that permeates many of our current bastions of education. You were blessed with such a teacher. For all of us you can build your degree program. Assign books and downloadable lessons. Create a student blog under your review to discuss the week’s lessons so students can work their way toward your intended insights which you could reveal at the end of the week. Who knows, what better way to find another gifted member to possibly join your gifted team. This system can only work if the experts are generous enough and patriotic enough to pass along their gift to enough others to make a difference.
Besides physical possession, which is the best way to take advantage of precious metals potential? Are ETF’s like IAU,GLD,GDX,SLV etc a good and safe investment? And what are the chances that gov”t might confiscate gold again, even confiscating items like GLD?
Mr. Weiss: I liquidated my Perth Mint gold certificate last week, should I reactivate it
and send money back? I also have accounts with HSBC. Should I transfer money to
my Vanguard TReasury Money Market (short term)? Also, should I sell my investments
with Chas. Schwab and Computershare, including one MLP and DRIPS like McDonald’s,
Walmart and Verizon? Or should I just take out the money and keep some cash?
Is the Vanguard Treasury MM safe for now, it has mainly T-Bills? Thank you, Hy.
What is your opinion of “financial advisors” pushing or recomending American Funds annuities over individual stocks
or funds or anything else. The last two financial advisors I have used did this and I have lost a lot in American Funds. I am now understanding how your service is the way to invest.Thanks
WHICH ONE IS A SHORT TERM INVESTMENT VS LONG TERM INVESTMENT
Are all-treasury money market funds safe, despite the fact that they provide little return?
Tell me when and how severe will be inflation be which must hit with the devaluation of the $$$ that has to take place.
I purchased the golden parachute but feel it gives mixed direction or plays it close to the vest ….not of real usefull.
Is gold / silver / platinum a buy for the next 5 yrs and if so which order …thanks
Danny
Try to explain how important it is for your followers to liquidate their stock holding and prepare themselves for a severe depression(describe how severe it will be).
Would you put down cash to take a mortgage down to a conforming loan and change from 6.5 interest rate to 4.5?
If I put most of my fund in US Treasury only Money Mkt as you recommend, how do I invest for profit in the area you recommend such as “The Money Machine”?
I would like a better understanding of what is likely to happen to the various financial segments (banks, stock market, bonds, credit system, housing, commercial real estate, etc.). I read forecasts that vary from a recovery starting the second half of this year to a Russian KGB financial analysts predicting the U.S. will breakup in 2010 and be owned by several different foreign counties. Many predictions are made and some make sense. How does one decide who to believe?
Also, I am starting to have a little more success with ETFs. But, I could use a better strategy to time buying and selling ETFs. With stocks, no matter how good the fundaments and technicals, investing in individual stocks seems to be almost a crap shoot.
I know that the economy, worldwide, has significant pain ahead. However, I keep waiting for the short-term bull to come out of the gate and therefore have a very difficult time committing to a bear market strategy for the short-term. How do I adjust my mind to keep realistic about the market forces when it has dropped so much over the last 14 months already. I typically only trade options and there seem to be some phenomenal bargains out there (puts and calls).
Also, I think silver is being ignored and may be a bigger opprotunity than gold, except the market forces for silver are different…aren’t they?
Thanks
Martin,
I know you have been to capital hill and testified and all. My question is why hasn’t anyone listen to you?
My number one concern is I have about 100,000 and don’t know what to do with it to make it grow or keep it safe. I subscribe to the safe money report, but the way things are going, it’s hard to believe anything.
I have gone back and looked at all the predicitons you made as far as the market is concerned and what your dad tought you! People are really scared of the unknow and I know you and your team try to help us through this. However, I feel it’s the lack of finicail education for all of us on where to put any remaining money that we have.
We need someone to invest for us. Whick leads me to my next question. Why don’t you have an investment company? I wouldn’t mind sending you 10K to manage for me. I think your as good as warren buffet.
I just want to say thanks for keep all of us who follow you abrest of everything that’s going on in the market to try and help us.
I pray for you and your team and that God continues to bless all of you with wisdom and knowledge to help others through this crisis and in the years ahead.
Thanks,
Lenny
how to invest as little as 500$ and turn it fairly quickly to get more to invest in high dividen stocks. who how and when to get in and out. your currency system sounds real impressive, but i am not spending the money on it YET!!!!as always keep up the good work very informative.
The webinars are good but often in the middle of the workday. Can I look at them in the evening? (particularly the last one on the Bear market strategies)
What are the do’s and don’ts of investing and/or speculating in gold and gold stocks over the near and long term?
please include must-do pointers for the senior/retired eightyish year old audience….and address the the wisdom? of holding/investing in I-BONDS.
Help me think clearly and confidently about what to look for and do in order to salvage what’s left of and possibly grow my hard-earned life savings which I had invested with such optimism and made steady gains until about January, 2008 when I started losing, and lost rapidly in September. I sure as heck wish I had known about and subscribed to your advice before I did on 9-16-2008. I am too optimistic for my good, which is a good trait, but not in these crazy times. I must be realistic and think right to avoid the pitfalls and take advantage of the opportunities. Thank You!- for being so patient and steady in re-reminding us about what is really happening. We know it’s better to be safe than sorry, but doing it can be a challenge. I appreciate you very much.
Rootin’ tootin’ Charlie Hooten
Hi Dr, Weiss
I’ve just discovered your blog — very promising –
How do you keep up wi all the messages?
When will you respond to some of the very good questions and comments?
Am looking forward to your responses –
Stan
At the present moment many economic experts are concerned about deflation, but for the longer term many are concerned about the potential for a hyperinflationary great depression plus devaluation of the dollar, maybe a masssive sell off of the dollar. What is your view of the mid and longer term and how best for middle class investors to protect against it?
When using some of your highly leveraged ideas, such as ultra short ETFs and stock Options (puts), and currency options, I have discovered (sometimes with regret) the timing is of upmost importance. Big swings, even in the same day, can require very alert day trading??? wb
I do not know what else to say w
please
Would like to use your investment service, but I have always had to pay “upfront” whether the advice I paid for made money or not. I wish Weiss investments would charge only a persentage of profits made. I am a retired builder and only got paid when I completed my promise to my customers. This applies to most of the middle class work force. Could Weiss investments provide us with a way to get all of your
expertise and /or hire the services of Weiss Investments by paying with a percentage of profits made? My point is we all need your help Mr. Weiss but many of us have already made up front for news letter, brokers, etc. only to continue to move backwards. Why can’t you offer your help based on obtaing positive results? We would still be taking risks but how refreshing it would be to only having to pay for financial advise after we actaully have seen the results.
Hello Martin,
Thank you for all of the advice and great information. My biggest concern is that I’m not sure how to protect myself from the coming devaluation of the dollar as these massive stimulus bills are passed. It seems that as billions of new dollars are printed, mine become worth less and less. How do I protect what little I have with minimal risk?
With a hopeful smile,
Christine
Hello from Canada, love your website especially the great graphs.
How’s 780,000 boom time condo price tag in Hiroo Tokyo bought by a friend for 280 at auction
in 1997 only to loose his job with Sumitomo and forced to sell at $70,000. US. in 2000.
I personally lived through the crash in Alberta in the 80’s with interest rates
at 22percent and a completely and terrifying collapse of our entire economy
due to Oil dependence. -.83 of every dollar in Alberta economy at that time
was oil and we were hughly in debt and decimated. I honestly wish you were
running the treasury in America, I would feel more confident – very scared for my child.
It took almost 15 years to repair Alberta but that was with massive cuts and sacrifices.
Do you have a time line for the repair process to begin in America?
more diversied.
Martin,
Not necessarily at this event, but I need help in evaluating a 503-b fixed annuity worth $180,000 that I have with a failed company [AIG]. Should I leave it there and continue to receive the guarentee of 4%, move it to my ira, cash it out, move it to another annuity, or annuitize it? Im a retired 66 year old school teacher.
John Martin
is it smart to open several online accounts at different banks with 4 to 5 star ratings that still have 2 to 3%apy??
i figure that way, if any go out of business they won’t leave me without access to my cash. thanks for your advice.
I am holding stocks like Csco…which is the one performer (since purchase) in my stock portfolio, that and IBM…all the rest are losers, big time losers…I was just catching up from 2002 stock crash when this year happened. I have many shares of some of these, but others only 100, or more….just don’t want to sell at these low levels….it is driving me crazy …not knowing what to do. I also have 48% in low paying mmkt funds…just don’t know where to put the money or what to do with the stocks I am holding about 15….the stocks are down about 30-40%. Don’t want to sell here……..but…………what if they go lower. Like I am holding Citigroup , GE…..am 68 yo retired. have lost much of our retirement portfolio, lifetime worth of investing. Am looking forward to your advice, please adress the issues that retired investors are facing. We don’t work anymore….no more earning power. Thanks for your help.
Thar she blows! Silver & Gold are exploding tonight. It is situations like this where we would like to have some sort of more detailed approach. For example:
1. Deployment strategy: At what price should we buy (have bought)?
2. Exit strategies:
(a) What is the current (updated daily as needed) stop?
(b) What is the current target.
(c) What is the profit-taking strategy (sell half at X price, sell another 1/4 or remaining position at Y price, 1/4 again of remainder at Z price, etc.)?
3. Last, but not least, be sure to sound the “Run for the Hills” retreat when the market looks to be topping out completely as we don’t let all the profits slip away.
I’m writing on behalf of a friend. She has five years before her mortgage (6.75%) is paid off. She’s thinking of paying it off early. Is this a good idea, or would it be better to keep her cash more liquid (as “cash is king” in a depression)?
I’m writing on behalf of a friend who has five years left on her 6.75% mortgage. Should she pay it off early or keep her cash more liquid?
Inflation or Deflation? The answer should point to the best investments.
If the treasury bubble does burst and the US dollar deflates, is there a likelihood the G20 will implement a fixed exchange rate plan. This is a concern for any senior holding life time saving in treasury bills or other safe investment, because the worry will not be inflation but having one’s cash worth substantially less under a new monetary system of exchange.
Can you give us hints on dealing with brokers–how to choose and communicate with them? thanks.
I do believe you shall attract a very large audience.Please prepare for this and ensure system does not crash.Thanks
Martin:
I’m concerned about the safety of short term treasuries? Being 87, I was a teenager in the Great Depression, so have put some silver coins aside , as they were the coinage used for bartering in the area we lived.
Thank you for the past advice you have given, I’m grateful.
Mac
I am top-heavy with Treasury bills and concerned about this unbalance. I want to convert some of the Treasury bills to utility/commodity/natural resource investments to somewht balance my portfolio. What do you think of about this plan of actions.
?
I am concerned about my IRA as I am retired and have lost a considerable amount in mutual fund investments. I moved my investments into several different banks CD’s early last fall. Please talk about CD’s and the FDIC guarantee potentential.
Guidance on safe IRA to put half of my 403(b) currently in tiaa-cref annuity earning 5% for most of it and 6.250 on the balance. Have recently retired and can move over 5 years. The rest is in a 403(b) money market fund and want to transfer into an IRA that I can invest if I felt confident enough to understand where to go. Realize you can’t address this personally but if you could review safe places to put some money and how to invest rest with low to moderate risk.
i heard that the largest 50 banks are all losing money does that mean i should continue to buy/hold inverse etf’s ; for how long
When will deflation turn into inflation?
Can you relate your advice, suggestions & tips in your newsletters to readers here in Australia who only invest in local financial instruments? Your emails and recommendations are full of insight and facts but we do not have the same access and types of opportunities as your US market’s products, eg. no Silver ETF.
Martin…….Thanks for timely warnings…..just wish i’d acted sooner on real estate. I’d like to know where, if anywhere to turn for income now. I had invested in TIPS and lost money. Also, job loss may force retirement sooner than hoped, with little prospect for new jobs. How could you develop a plan to deal with investing, creating some type of cash flow and not eat up your principal.
One more thing……are we all helpless if our house has lost equity and would need a short sale and we face a job loss ? Is there any way to negotiote with the bank?
I am an Australian. Thanks a lot for your timely advise and it saved us a lot of money as we liquidated our stock holdings after some loss but more losses were avoided
The best thing you could do for us is
Simple buy and sell recommendations in any market but at a reasonable low price. At times like this, we do think about costs and also even after recommendations we hesitate to take an action or we are simply not prepared to take an action due to lack of knowledge, not having account with the broker, lack of money or simply due to lack of confidence
Martin
What are your thoughts about emerging markets decoupling from the US? Until now, this has just been wishful thinking. Hard for me to imagine that markets like Taiwan, China, and Singapore ever being decoupled even though this economies are much better financed. Currently Taiwan and Singapore ETFs are yielding in the 8% range – tempting if you are sitting on cash.
David
Multiple attempts to access your online events have failed. So a transcript would be marvelous. Jim
I am going to inhert about $10,000.00 and would like to invest half of it for my retirement. I do day care for two children and I have a part time job and I realize that I need to put some money away to help suppliment my social security. I will retire in about six years, what would you suggest.
I have been using trailing stops on options, but a lot of the time they are being sold well below my stop because there isn’t enough liquidity in the market. Whats the best way to get round this. Also where would you think is the safest place in Europe to keep money safe.
Thanks
Martin,
Over the last few months you and your staff have noted that the American people are reversing their habits and starting to save. Technically, for a good majority of American’s I don’t think that is yet true. Yes, they are not spending like they were, but in reality they are not yet truly “saving” money, but are still in the paying off debt cycle. I think that until the American society in general has payed off their personal debts, and socked some money away, they won’t start spending. That cycle could take awhile…..
I like all above questions,they mostly describe my situation. Waiting for your
wisdom to shine on us!
thanks
How to spot the good opportunities, and avoid the “looks good” but isn’t.
I am heavily in your suggested INVERSE Stocks! They are somewhat dangerous
and how long will this situation hold?
SK, thanks
I would like to know how to prepare for the absolute worst when you’re already unemployed or underemployed?! I am also more than convinced that the govt is purposely crashing the economy. I believe this is NOT a recession; but a DEPRESSION!!! I believe it will be worse and radically different from the Great Depression of the 1930’s. I would like to hear also on the status of the Derivatives. Thanks!
Dr. Weiss, please be as specific as possible. Time is not on our side. Also, what are the specifics about gold investments, ie. bullion vs. numismatics, confiscations, other curriencies, any particular equities to hold and dismiss. thanks,AB
the only stocks I own now(20% of my otherwise cash portfolio) are gold and silver miners. They are down significantly. do you think they will recover and when?
A number of “experts” I have read concur with what Larry Edelson said last week in his money and markets piece entitled “It’s A No-Brainer”. They project that with a deeply oversold market we are going to see “one of the most powerful stock market rallies ever”. They reference historical big declines followed by v shaped market rebound. This is different that the caution signs you are giving. In addition money I have moved to Treasuries have done well, but shouldn’t I expect a sell off?
I am interested in finding a good broker and good data feeds for not too expensive prices. I am interested in learning the SP emini market. Can you advise. Thanks Mr. Weiss.
George Simmons
If you could please speak to the difference between yours and Larry Edelson’s outlook: you expect prolonged deflation; he expects a shorter period of deflation followed by inflation or hyperinflation. Could you just speak to this?
Is it a good time to be putting your money in certificates of deposit? I know one bank where the interest rate is 3%. It’s not great but at least it’s something!
How preserve my retirement assets? I want them to outlast me, who is now 83 years oldl
I really want to attend but I am not available during the day. How can I access this information if I am unable to attend?? Thank you for all of your information.
I am on dialup internet, listening in real time is impossible. A text version or downloadable format would be useful.
Dr. Weiss,
Other than the auto makers, are there other big names industries that may be close to collapse themselves even though many investors may deem them too big to fail? ex. GE, ADM, Monsanto etc. ? Or are these firms just being lowered with the current financial tide and will successfully survive this turbulent period?
Thank you,
John Lyssikatos
I’ll hold my cash for a once in centrury chance! I read and followed your e-letter daily.
Thanks for saving our retirement money!
xjw
Another aussie who would love a replay of the link due to time differences. Also confused about Chinas future,an area which is going to hugely affect Australias prospects in the following years.
I have large amounts of cash in several banks, covered by the FDIC limits. What will happen when the FDIC runs out of money for failing banks? Where could I move the money to keep it safe?
I also have my IRA in cash at UBS and Charles Schwab, but they’re over the insurance limits. What would be a safe place for my IRA?
I would love to hear your presentation on Thursday, February 26, 2009 at noon. Unfortunately, I have a business meeting at that time that cannot be changed. Will the presentation be available on line at a later time, and if so, how do I access it?
I live in rural Alberta, Canada.
I am on dial up internet. Could you please have it in written form?
I really want to know what you have to say in these testy times.
I value your wisdom and advice.
And what we as Canadians should do.
I’m particularly optimistic about silver going forward. Do you believe my assessment is valid?
Dear Mr. Weiss, PhD, Here is a question I would like you to answer in your February 26th forum. I have been studying Fortex’s method of making money with ETFs. I can understand how to make money with the candlesticks indicating that the price of a monetary unit will go up or down, but I can’t quite grasp how you can make money with a sideways indicator. Please explain the sideways opportunity in your free event.
Thank you,
Mildred M. Marble
m3marble@yahoo
martin, I have followed your advisory for 9 or 10 years now….my husband wont get on board even tho we’re down from 1.2 mil to around 4 or 5 hundred k in his IRA and headed lower. i’ve followed many advisories and have wittled down to you and eisner only…. after this many years you are only two thats right year in and year out……Please help.. my hubbys advisor is young and defending his position to the death even as we lose everything.. i cant take it. its everything we have worked our whole life for and we are about to lose it all………first time we have had a long standing disagreement that we cant even discuss..need ideas on how to show him without him taking defensive position..i’ve tried everything help????
Hello Martin:
If you could give a bit of information for foreign investors, that’d be great. Most of your comments, disgnosis and recommendations apply to everybody, but for those of us who don’t have a US brokerage account, a bit of fine-tuning would be greatly appreciated.
Thanks very much !
Kind regards,
Laurent (Larry) MOQUET
Martin please give me some direction as to where and how to begin investing.
Thank you,
Y.Gonzalez
Like Joyce Shipley – where is a safe place to move my IRA which has dwiddled down to half? Thanks.
Refer us to a good low cost source of information on working stocks, ETF’s,
and Forex in today’s market.
Your view on Canadian banks would be helpful.
Martin, I have sold my house almost 1.5 years ago using your advice. My question to you – Is this the right time to buy a house? Can you please address this.
Thanks
Srini
847-275-7254 (Cell)
Besides FX trading opportunities, could you provide additional investments ideas that fits with your macro thesis of a falling stock market, the government can’t fix the mess by bailouts or printing money and higher interest rates on US government securities in the near future (?).
e-mail me after the online presentation on Feb 26 a written print out of your answers to your 11 Laws of Bear Market success as well as the other 5 listed topics you will cover.
At times this past fall, market action seemed so fast that it appeared we needed to be glued to our computer to receive your ETF sell recommendations in time to act upon them. Is it still possible to use the basic recommendations of Safe Money Report and your emailed recommendations if we are able to review them only in the evenings after the market is closed?
Will the stimulus bill include repatriation of foreign monies at a reduced tax rate, not only corporate earnings offshore but investment millions wanting to come back to the US to help build back what has been lost.
Martin, I sold most of my position in the ETF GLD on your recommendation. Now, to my dismay, gold is shooting back up to the $1000 mark, and, according to Larry Edelson, on a rocket course to much higher levels this year. Is it too late to buy back in? I am feeling very frustrated because I always seem to buy and sell at the wrong time. Please help! Thank you and God bless you for what you do.
No one seems to be addressing the plight of those of us who saved diligently from 40+ years of working; retired and therefore are no longer producing income; lost a third of that even while investing in “no risk” funds; and who simply have no room left for risk. What are we to do? Hiding cash under the mattress is looking more and more attractive…
I understand pretty much when to buy and what to buy. I also can usually recognize the classic warning signs that signal the time is ripe for selling – - – or at least I recognize them when they are actually flashing. But the market now turns on a dime and seems often to fail to signal approaching danger with a specific investment before disaster actually strikes. How does one successfully time such a volatile, erratic and sometimes explosive market so disaster does not strike one personally? The buy and hold strategy is dead and what the market loves one day it hates the next. So what remains?
#1 Build confidence in the fact that I can do this
#2 Calm my fears of losing my capital
Paint the overall picture. Where to be investing on a percentage basis and why be in different markets in these different amounts.
Make a DVD so we could remember your principals.
What is the future of oil trusts, both Canadian and U S? These have supplied reasonable income in the past, but will they in the future? The price of oil keeps dropping, but it would seem that enrgy will always be a votal component of our economy and, therefore a good place to be. But is it?
Any safe alternatives to 90-day Treasury bills and short term Treasury mutual funds?
What would help me the most is to tell me the best place for a 78-year-old person to put his savings in the current environment where the value of cash is going down because the Treasury is printing money overtime; the value of all assets including hard assets such as houses and land as well as financial assets (stocks, bonds etc) is dropping precipitously; and money market and certificate of deposit interest rates are nearing zero and further complicated by the growing danger of bank insolvency. I await your thughts with much anticipation.
For a passive investor, What role, if any, do you see for indexed or fixed annuities over the next 5years?
Also some companies, ie Allianz and Aviva maintain in-house reinsurance . How would you rank these companies? I read your rating of insurance but did not see any mention of them or other foreign based giants.
Thank you,
Mimi Feibus
Hi, I’m concerned that if our government goes so far to the left, it will outlaw gold, and confiscate it, with the penalty of fines, and imprisonment, as they’ve done before ! This also could be done in collaboration with all other nations, so we will not have any other option, but to use their worthless currencies. What do you think of this possibility, and how would it affect collectible coins vs bullion ? It seems to me that precious metals ETF’s wouldn’t be safe either ! I’m extremely worried about our Marxist leaning congress and only one signature, to make it happen. Thank all of you, for the very helpful guidance. Bill P,S, Looking forward to the tele-conference.
I am in a terrible situation. I followed the advise of my financial advisor and did not get out of the stock market when I should have. 18 months ago I had my life savings of over $240,000 invested in the market. Now these positions are only worth about $70,000.
A friend of mine recently sent me some old emails from you, Mr. Weiss, and I can’t believe that you have been right all along in your projections. Please help me!!! Should I get out of the market now and try to salvage the $70,000. I have close to 5,000 shares of Citigroup that used to be worth a lot of money and are now worth less than $15,000. Do you think this bank will be nationalized? Should I just sell everything? If so, what should I do with this money? Is there a way to invest it somehow so that I can recover something?
Your response would be greatly greatly appreciated!!!
Dear Martin & SafeMoney staff,
We are long-time subscribers to your services. Please transmit the 11 Laws of Bear Market Success in text format after the webcast on Feb 26, 2009. We may not have internet connection on the day of your upcoming webcast.
Thanks to following your excellent guidance since 2002, we are now safely enjoying retirement on our new sailboat in New Zealand, without stressing over our retirement portfolio.
We do not always have access to good internet connection from our current location, but we continue to monitor our investments and pay heed to your alerts and recommendations when we can connect. If our internet connection is strong enough on Feb 26, we hope to watch your webcast. But we may not have sufficient bandwidth or reliable WiFi connection.
We understand how the mess has been created (and continues to be made worse). We are not interested in berating the sad facts. We are interested in surviving and thriving.
Thanks to you and Larry Edelson, we are positioned with 70% of our investable assets in USD Treasury money market funds and the rest invested in assets we expect will have best chance of recovering well –gold, precious & base metals (20%), diverse foreign currencies (4%), energy & engineering (4%), and US raw land with trees (2%) in places we could choose to live.
We choose to maintain full, direct control of all our assets, without using an agent or broker.
Yes, we have gone through a 20% pullback in the value of our assets, but without the candid insights from you and Larry Edelson, it could have been far worse…we could have lost 50-80% of our portfolio with no hope of recovering.
Thank you for your committed support and expertise.
Ellen Johnson
Sailing in New Zealand
Martin—-please give us some additional advice on what to do about annuities. Can we really count on the safety of any insurance company in this economic environment? My gut tells me we cannot. However, the surrender charges are very punitive.
Martin,
Just read Mike Larson’s comments on the new housing bailout and he has this exactly right. In fact, I just returned from a chief appraiser meeting in DC at which we discussed this quite a bit.
I am a former chief appraiser from a bank you would know of. One of the things that you see in this plan and Mike’s comments is the issue of LTV. Everyone is bandying this one about but something critical is missing.
One can never know the LTV until one knows the actual “V”. We all battled this in mortgage production since there has never been a loan rep who did not think his deal ought not be done. But sometimes they approached you with the phrase, “but it is only 52% LTV” until you looked at the deal and found out the real value was much lower and the LTV was over 100%! Had the banks not steamrolled their own appraisal review staffs, our current problems would be far smaller.
Some underwriters were steam rolled as well. One once told me he was going to move into his office so he could live forever because “nothing around here EVER dies!”.
The new plan hardly alludes to how values are established- in fact, it is mostly mum on this because everyone is afraid that they will have to get actual appraisals instead of less expensive Broker Price opinions (that would be illegal for these purposes in 25 states) or automated valuation models that can be wildly off, not to mention their unavailability in states where sales prices are not publicly disclosed.
The ABA and others think the value is far less relevant. After all the actual money is out the door. However, we already know that these loan mods are showing a re-default rate of 50% or more. One factor for this is that, as housing prices continue their slide, even the modified loans often go upside down and many of these borrowers end up mailing in the keys anyway.
While there is no doubt that faulty and unethical appraisals are as much as fault for the crisis as are many other factors like the ratings agencies, the press, mortgage brokers, etc., the fact remains that one will get a substantially more accurate valuation from a certified appraiser than from an untrained broker or from a computer model that cannot know condition, views, the impact of externalities in that market. etc.
Failing to get appraisals on these, even while admitting the vast number that would be needed, is simply foolhardy and is a prime example of being penny-wise and pound-foolish. The ABA claims there are not enough appraisers out there. Well, the are nearly 100,000 of them. Doing 10 million appraisals is a possibility within perhaps 6 months or so. This claim is pure rubbish.
So, I am interested in knowing your and Mike’s take on that.
Finally, I am one of those guys who did not really believe you on the housing crash. I certainly expected a correction (in my mind that was about 15%), but I did not see the money being sucked out of the system so dramatically last August. You clearly did see that. Kudos.
Brad
Martin,
What criteria do you use when deciding whether to go long or short a currency? What is the best way to determine when one currency will rise against another?
Thanks,
MT
Martin;
Can you trade currencies via put and/or call options, and if so, can you suggest a brokerage firm truly experienced in this activity?
Thanks,
Frank Warlick
How can we have confidence in the gold market, if you understand the following statement.
Alan Greenspan himself referred to the federal government’s power to manipulate the price of gold at hearings before the House Banking Committee and the Senate Agricultural Committee in July,1998: “Nor can private counterparts restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to lease gold in increasing quanties should the price rise.”
Can you tell me if there is a ‘money machine for 2009′ aviable now.
I am late!
Sorry.
Jean
Do you fore see the president and treasury confiscating the US citizens 401K monies to supplement the social security system. I definitely do since the demographics of our country are changing rapidly with the baby boamers retirong. What would you recommend we do now if you feel stongly that the confiscation will being and sooner than later.
All the Best
Dan
Martin,
Would you give us more specific information in the following topics:
1) Unemployment will reach % at the end of this crisis and will bottom out at say 29%?
2) Real Estate prices will decrease by what % and provide information by state? I have been renting for two years and I am buying a house at 40% discount, how much will prices decrease in Southern CA and when can we expect this crisis to end (e.g., 2023).
3) Are credit unions safer than banks?
Thanks,
Javier Ramirez
Should we buy, sell or hold GLD? What about Oil?
I have a 529 in Mutual Fund American FDS Capital Income:
Net Asset Value: 37.29
Trade Time: Feb 20
Change: 0.29 (0.77%)
Prev Close: 37.29
YTD Return*: -30.65%
Net Assets*: 8.05B
Yield*: 5.10%
* As of 31-Dec-08
I have Twin Boys (2010) is when they graduate, there is 9,500 in each account who have a 529 in the following mutual fund. This is with Brokerage firm Edward Jones.
Should I pull the Money out now ? Ride the wave, stop investing my 200.00 bucks a month in each account ; but into a bond fund or another investment vechicle.
Thanks,
I am 77 yrs of age and retired. I use to subscribe to your father’s Safe Money Newsletter and read a lot of Tom Holt. The largest individual land owner in Florida and bank owner, Mr. Claude Crapps, would give me copies. Sorry, I did not keep up as I thought I had the best stock in every category. What were all these CPA auditors and futurist employees doing. They should be held liable (The physician who impregnated the woman in California should be held responsible for their expenses just like any man that does the same) Please explain why a billionaire still owns 32 million share of BAC and the members of the board of directors are purchasing share even today, Ward purchased 13,000 shares.+
Martin,
My wife and I are really hoping to invest in the currency market and after we receive our Fed-Ex overnight package from you, that’s exactly what we’re planning to do. So my question is this…..will you please put together an investment document that outlines the step by step process for utilizing all your wonderful recommedations. Like a Weiss investment tool for beginners (DUMMIES)??
Thanks Much
Didn’t see my original post, so I ask again when do you think the job engine will resume?
The Japanese government have already said that they will be investing tax-payers money into their stock market in order to halt further declines. There appears to be considerable ‘web chatter’ that the US government may already be doing this with the connivance of the banks – which could explain why Wall Street executives have not been held to account for their failures to date. Your comments please?
Over the past year…….you have recommended investing in GLD…..a gold
ETF. Do you check out the relative safety of owning “paper gold” vs physical gold.
Does GLD own the gold…..or store the gold? If a run were to occur…..could GLD
fulfill its fiduciary obligations……..or is the main street investor at risk. How would
interested investors prioritize…….real gold…..gold stocks….or ETF paper gold?
Thanks for all you do to keep us advised …..its reassuring to know you care about
keeping us safe.
I am frustrated as I was looking forward to attending your meeting today and unfortunately I could not make it in time. Anyway, thanks again for your input.
I do have a couple questions regarding my 401k located in Fidelity and some cash I have at Etrade. Fidelity seems to be a safe bank but you show Etrade as being a D+. Should I get my money out of their?
God Bless,
Virgil
Dear Martin, I DIDN’T miss your presentation this morning (9 A>M> Pacific Time), I watched it and took notes. My two dogs had to wait for their morning walk. I also thank you for it, for putting together a service to guide us as to what to buy and when, and when to sell. If I feel that I can afford the service, I will certainly use it. Thank you again for your consideration. Jean Friedman
Investors in the UK are also interested in how to keep a portfolio relatively safe. Typically its purchasing power has declined 40% in the last 18 months, due to a fall in both the £ and in shares.
I think investors need an international gilts [government bonds] fund for their “safe” money, to spread currency and country risk; is there one?
much needed info!
well done.
This info sounds very interesting==Bud Bogle
I’m wondering if I should even be relying on thestreet.com bank ratings. Just out of curiosity, I checked Bank Of America, and they came up a B-, yet I’m hearing that their collapse may be imminent. How could they possibly have any B rating when they are in supposedly dire straits?
dear martin
i have been a subscriber for 10 yrs
love it. i mostly love the fact you back you predictons with facts not like the pundents on tv
problem i was long amx, ge, bac, nyx, c, f, gs, wells, ect i coverered, so far alittle early
i am now long srs 6000 shares, skf 2300 shares, qid 3000 shares, fxp 3000, eem 2000
from much higher leveles my concern is the risk at these levels is ok but if these stocks fall
much further do i add to average down. i do belieave as you do we are in for a disaster but
how much exposure can i expect
please let me know if the risk reward is to my advantage to continue to avein commrage down
especially in srs as i beleave the real estate mkt is going to get alot worse
ps i own 2-3 mil commercial real estate with no morgage 95% rented
conerned about my expossure to srs, qid, skf, fxp