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Free Magazines

2011-02-17T16:16:00.001-08:00

http://subscribers.registeredrep.com/subscribe.cfm?tc=NNWEB

Enjoy

http://www.e-circ.net/fam/famsub.asp

2011-01-05T19:09:00.000-08:00

National Advisor Show at the Peabody

2011-01-05T19:05:00.000-08:00

Met with some mutual fund portfolio managers. Target specific funds including the African continent and Russia funds.

A Visual Journey

2011-01-05T18:58:00.000-08:00

Bank of America

2010-12-02T18:46:00.000-08:00

Put back risk for their illegal mortgage backed securities is enormous. We will see what Wiki Leaks documents online. I take offense to Bank of America's Enron accounting and ethical practices.

Check out this great place

2010-11-19T07:10:00.000-08:00

http://www.orlandotreasure.blogspot.com/

2010-11-18T21:55:00.000-08:00

2010-11-18T21:26:00.000-08:00

Australia is a resource rich country that I have invested in recently.

China

2010-11-18T21:24:00.000-08:00

Investing in Asia...lots of opportunity right now.

Be a Mogul

2010-11-05T11:24:00.000-07:00

Aston Martin Florida

Football Teams to watch

2010-09-13T09:07:00.000-07:00

September 19th Dolphins at Vikings.

Favre and AP looking to make some moves.

Courtesy Vikings.com

New Amway Center

2010-09-13T08:58:00.000-07:00

Opening October 2010. Located in downtown Orlando, Florida. The new Amway Orlando Magic Center is the most techological advanced stadium in North America $600 million dollars. Great venue for sports and shows including the upcoming NBA All Star game.

Courtesy AmwayCenter.com

Football Update

2010-09-13T08:56:00.000-07:00

Brandon Marshall is hotter than the Jersey Shore in Miami right now.

Football Season is Back

2010-09-13T08:44:00.000-07:00

Teams to watch this season. Carson Palmer now has TO and Ocho Cinco as receivers.

Via Bengals.com

Gov Stimulus

2010-09-02T14:17:00.000-07:00

As the government withdraws stimulus we are seeing the economy roll over. David Rosenberg former Merrill Lynch Global Investment Chief puts it:

http://www.youtube.com/watch?v=Dp91Aa_6vk8

King World News

2010-09-02T13:56:00.000-07:00

King World News is a great source for following market leaders of the world. One of my favorites is Stock Market Wrap with Art Cashin. My favorite Swiss Banker.

http://www.kingworldnews.com/kingworldnews/Broadcast/Broadcast.html

GentleMen Prefer Bonds

2010-09-02T13:43:00.000-07:00

4th Best Economist in the world David Rosenberg.

We are in a depression.
http://www.youtube.com/watch?v=EQecyE5UMsI

http://www.youtube.com/watch?v=SYz7FTzNJ3Y

On Bond Bubble:
http://www.businessinsider.com/david-rosenberg-on-the-bond-bubble-2010-8

Chinese Currency Manipulation

2010-09-02T13:41:00.000-07:00

The US government decides to drop an investigation of China's currency policy, avoiding a possible trade di.. http://www.bbc.co.uk/news/business-11146860

Venture Capital

2010-08-26T15:04:00.000-07:00

Facebook and Chinese real estate up 50% from my buy call. Its a sell with these gains.

Take a look at the S&P overpriced on earnings right now. Can you say SELL

Now is the time to save the world August 2010

2010-08-21T19:57:00.000-07:00

Now is the time to save the world.

I have seen the finances of AIG, Fannie/Freddie. These three companies are an example of the terrible judgment of business leaders in the United States. Now is the time to save the world.

Charlie Munger Buffets Partner

2010-08-20T22:47:00.000-07:00

Warren Buffets partner Charlie Munger : Basically, Its over....
Warren Buffett has a partner who is equally brilliant - Charlie Munger. His view of where America is headed stands in stark contrast Buffett's unflaggingly optimistic view of America in the long term ("You can't bet against America and win"[Link]). In my previous post I discussed 2 outcomes for the American economy and here's Munger's desciption of one of them.

In Munger's parable, the nation's end was marked by rise of casino gambling....

"As their affluence and leisure time grew, Basicland's citizens more and more whiled away their time in the excitement of casino gambling......." - Charlie Munger.

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[Link]

Basically, It's Over :A parable about how one nation came to financial ruin.

By Charles MungerUpdated Sunday, Feb. 21, 2010, at 3:30 PM ET

In the early 1700s, Europeans discovered in the Pacific Ocean a large, unpopulated island with a temperate climate, rich in all nature's bounty except coal, oil, and natural gas. Reflecting its lack of civilization, they named this island "Basicland."

The Europeans rapidly repopulated Basicland, creating a new nation. They installed a system of government like that of the early United States. There was much encouragement of trade, and no internal tariff or other impediment to such trade. Property rights were greatly respected and strongly enforced. The banking system was simple. It adapted to a national ethos that sought to provide a sound currency, efficient trade, and ample loans for credit-worthy businesses while strongly discouraging loans to the incompetent or for ordinary daily purchases.
Moreover, almost no debt was used to purchase or carry securities or other investments, including real estate and tangible personal property. The one exception was the widespread presence of secured, high-down-payment, fully amortizing, fixed-rate loans on sound houses, other real estate, vehicles, and appliances, to be used by industrious persons who lived within their means. Speculation in Basicland's security and commodity markets was always rigorously discouraged and remained small. There was no trading in options on securities or in derivatives other than "plain vanilla" commodity contracts cleared through responsible exchanges under laws that greatly limited use of financial leverage.

In its first 150 years, the government of Basicland spent no more than 7 percent of its gross domestic product in providing its citizens with essential services such as fire protection, water, sewage and garbage removal, some education, defense forces, courts, and immigration control. A strong family-oriented culture emphasizing duty to relatives, plus considerable private charity, provided the only social safety net.

The tax system was also simple. In the early years, governmental revenues came almost entirely from import duties, and taxes received matched government expenditures. There was never much debt outstanding in the form of government bonds.

As Adam Smith would have expected, GDP per person grew steadily. Indeed, in the modern area it grew in real terms at 3 percent per year, decade after decade, until Basicland led the world in GDP per person. As this happened, taxes on sales, income, property, and payrolls were introduced. Eventually total taxes, matched by total government expenditures, amounted to 35 percent of GDP. The revenue from increased taxes was spent on more government-run education and a substantial government-run social safety net, including medical care and pensions.

A regular increase in such tax-financed government spending, under systems hard to "game" by the unworthy, was considered a moral imperative—a sort of egality-promoting national dividend—so long as growth of such spending was kept well below the growth rate of the country's GDP per person.

Basicland also sought to avoid trouble through a policy that kept imports and exports in near balance, with each amounting to about 25 percent of GDP. Some citizens were initially nervous because 60 percent of imports consisted of absolutely essential coal and oil. But, as the years rolled by with no terrible consequences from this dependency, such worry melted away.
Basicland was exceptionally creditworthy, with no significant deficit ever allowed. And the present value of large "off-book" promises to provide future medical care and pensions appeared unlikely to cause problems, given Basicland's steady 3 percent growth in GDP per person and restraint in making unfunded promises. Basicland seemed to have a system that would long assure its felicity and long induce other nations to follow its example—thus improving the welfare of all humanity.

But even a country as cautious, sound, and generous as Basicland could come to ruin if it failed to address the dangers that can be caused by the ordinary accidents of life. These dangers were significant by 2012, when the extreme prosperity of Basicland had created a peculiar outcome: As their affluence and leisure time grew, Basicland's citizens more and more whiled away their time in the excitement of casino gambling. Most casino revenue now came from bets on security prices under a system used in the 1920s in the United States and called "the bucket shop system."

The winnings of the casinos eventually amounted to 25 percent of Basicland's GDP, while 22 percent of all employee earnings in Basicland were paid to persons employed by the casinos (many of whom were engineers needed elsewhere). So much time was spent at casinos that it amounted to an average of five hours per day for every citizen of Basicland, including newborn babies and the comatose elderly. Many of the gamblers were highly talented engineers attracted partly by casino poker but mostly by bets available in the bucket shop systems, with the bets now called "financial derivatives."

Many people, particularly foreigners with savings to invest, regarded this situation as disgraceful. After all, they reasoned, it was just common sense for lenders to avoid gambling addicts. As a result, almost all foreigners avoided holding Basicland's currency or owning its bonds. They feared big trouble if the gambling-addicted citizens of Basicland were suddenly faced with hardship.

And then came the twin shocks. Hydrocarbon prices rose to new highs. And in Basicland's export markets there was a dramatic increase in low-cost competition from developing countries. It was soon obvious that the same exports that had formerly amounted to 25 percent of Basicland's GDP would now only amount to 10 percent. Meanwhile, hydrocarbon imports would amount to 30 percent of GDP, instead of 15 percent. Suddenly Basicland had to come up with 30 percent of its GDP every year, in foreign currency, to pay its creditors.

How was Basicland to adjust to this brutal new reality? This problem so stumped Basicland's politicians that they asked for advice from Benfranklin Leekwanyou Vokker, an old man who was considered so virtuous and wise that he was often called the "Good Father." Such consultations were rare. Politicians usually ignored the Good Father because he made no campaign contributions.

Among the suggestions of the Good Father were the following. First, he suggested that Basicland change its laws. It should strongly discourage casino gambling, partly through a complete ban on the trading in financial derivatives, and it should encourage former casino employees—and former casino patrons—to produce and sell items that foreigners were willing to buy. Second, as this change was sure to be painful, he suggested that Basicland's citizens cheerfully embrace their fate. After all, he observed, a man diagnosed with lung cancer is willing to quit smoking and undergo surgery because it is likely to prolong his life.

The views of the Good Father drew some approval, mostly from people who admired the fiscal virtue of the Romans during the Punic Wars. But others, including many of Basicland's prominent economists, had strong objections. These economists had intense faith that any outcome at all in a free market—even wild growth in casino gambling—is constructive. Indeed, these economists were so committed to their basic faith that they looked forward to the day when Basicland would expand real securities trading, as a percentage of securities outstanding, by a factor of 100, so that it could match the speculation level present in the United States just before onslaught of the Great Recession that began in 2008.
.
The strong faith of these Basicland economists in the beneficence of hypergambling in both securities and financial derivatives stemmed from their utter rejection of the ideas of the great and long-dead economist who had known the most about hyperspeculation, John Maynard Keynes. Keynes had famously said, "When the capital development of a country is the byproduct of the operations of a casino, the job is likely to be ill done." It was easy for these economists to dismiss such a sentence because securities had been so long associated with respectable wealth, and financial derivatives seemed so similar to securities.

Basicland's investment and commercial bankers were hostile to change. Like the objecting economists, the bankers wanted change exactly opposite to change wanted by the Good Father. Such bankers provided constructive services to Basicland. But they had only moderate earnings, which they deeply resented because Basicland's casinos—which provided no such constructive services—reported immoderate earnings from their bucket-shop systems. Moreover, foreign investment bankers had also reported immoderate earnings after building their own bucket-shop systems—and carefully obscuring this fact with ingenious twaddle, including claims that rational risk-management systems were in place, supervised by perfect regulators. Naturally, the ambitious Basicland bankers desired to prosper like the foreign bankers. And so they came to believe that the Good Father lacked any understanding of important and eternal causes of human progress that the bankers were trying to serve by creating more bucket shops in Basicland.

Of course, the most effective political opposition to change came from the gambling casinos themselves. This was not surprising, as at least one casino was located in each legislative district. The casinos resented being compared with cancer when they saw themselves as part of a long-established industry that provided harmless pleasure while improving the thinking skills of its customers.

As it worked out, the politicians ignored the Good Father one more time, and the Basicland banks were allowed to open bucket shops and to finance the purchase and carry of real securities with extreme financial leverage. A couple of economic messes followed, during which every constituency tried to avoid hardship by deflecting it to others. Much counterproductive governmental action was taken, and the country's credit was reduced to tatters. Basicland is now under new management, using a new governmental system. It also has a new nickname: Sorrowland.
Posting Time 6:25 AM

Tsunami in Japanese Means Harbor Wave

2010-08-17T16:55:00.000-07:00

In mathematics and science, a wave is a disturbance that travels through space and time, usually by a transference of energy.

Waves Beachside

2010-08-17T16:44:00.000-07:00

Commodities 2010

2010-08-17T16:01:00.000-07:00

Long commodities...profitable trading readers. Wheat, Corn, Potash, GLD, SLV, nat gas, coffee, sugar...until we see deflation.

TBonds rally at record low rates? I am expecting this.

Lots of overpriced equities great shorting opportunity.

Bomb Iran August 2010

2010-08-17T07:43:00.000-07:00

According to news sources and top officials the window to bomb Iran is closing. Mahmoud Ahmadinejad is close to having a nuclear reactor operating. A known terrorist and Holocaust denier.

http://news.yahoo.com/s/afp/20100817/wl_afp/irannuclearpoliticsisraelusmilitary_20100817120240

Oil Trade

2010-08-16T16:57:00.000-07:00

August 2010 I believe oil has hit a peak and most likely will head lower. Purchased for clients around 34 a barrel in 2008 sold around 76.

Bond Market Treasuries

2010-08-16T16:55:00.000-07:00

Junk bonds being issued at record pace. Been long US Treasuries at 6%. Have slowly rallied and will continue...Can't raise interest rates that would crush real estate market and unemployment.

2010-08-16T16:45:00.000-07:00

Robert Schiller of Yale has analyzed the real estate market as I have on a fundamental basis. He has analyzed the unemployment rate and sees a 60%+ chance of a double dip. I actually know we never recovered...copy and paste the link for details

http://www.advisorperspectives.com/newsletters10/Robert_Shiller-A_Cautious_Outlook_for_Stocks.php

I had based on previous research found over valued stocks. Schiller uses similar methodology.

Use my research for your personal profit. For consulting contact me at OrlandoManagement@gmail.com

Stock Screen Analysis

2010-08-15T16:45:00.000-07:00

Fundamental Analysis of PE Ratio current 8/15/2010 great investment strategies email for copy OrlandoManagement@gmail.com

Trade Deficit Numbers

2010-08-15T15:06:00.000-07:00

Yuan may rise.

http://www.foxnews.com/politics/2010/08/11/trade-deficit-widens-billion-june/

David Rosenberg on Double Dip Recession

2010-08-15T12:22:00.001-07:00

Looking at the real world (real estate and unemployement)where the majority of the wealth is we never were out of it...

http://www.benzinga.com/media/cnbc/10/08/427307/u-s-virtually-certain-to-fall-into-new-recession-rosenberg

2010-08-15T01:52:00.000-07:00

A speculator is a man who observes the future, and acts before it occurs.
Bernard Baruch

...No man should think himself a zero, and think he can do nothing about the state of the world.
Bernard Baruch

If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.
Bernard Baruch

Ward of the State

2010-08-15T01:45:00.001-07:00

Ward of the State of the month: Michigan at 16% unemployment and Gov owning 61% of Chrysler

Welcome to the Most Powerful Financial Network

2010-08-15T01:42:00.000-07:00

Want to welcome you to my $4 trillion dollar network I created emulating David Rockefellers personal network building Council on Foreign Relations. Thanks to my colleagues for your input and thoughts. Follow me at Harbor Waves on Plaxo.

Fundamental Background

2010-08-15T01:39:00.000-07:00

Via Facebook Community Harbor Waves a contributor to be named. Feel free to join the conversation.

This is such an interesting economic issue. I'm long 10yr treasuries, because even though there's this inflation issue at hand, I also see other competing factors: 1) the Fed is buying 2s through 10s 2) the forward curve keep...s flattening 3)... where is everyone going to put their money right now - equities are still over valued 4) there's still a lot of delevering going on 5) housing prices are falling or not rising - the ATM machine is gone to provide fuel for the traditional consumer driven economy 6) foreclosures are still weighing on the fixed income and credit markets 7) the mortgage market cannot gets rates low enough to make any money 8) banks are tight wads with all the cash they have, because they probably need as much cushion as possible for all the toxic assets that they still have... 9) the unemployment rate and underemployment rate are still high - who has money to spend - people are putting off classic expenditures... And, the inflation bubble is growing? Not sure... There's so much deflation that all the money the govt and fed are throwing at it is hardly making a dent. Perhaps, if equities correct and other markets correct, there will be good risk/reward to move back in from US treasuries, but that has not happened.

Santelli Bond Market Update

2010-08-15T01:38:00.000-07:00

On Bond markets Europe, U.S. CNBC Rick Santelli: It’s like Jurassic Park life will find a way.
Also: On Stress tests for Europe and U.S. banks-hamsters jumping on the golden gate bridge.

Government Motors GM can’t use Tiger Woods for their Buick line. What is their latest gimmick the Volt at 8k over Nissans hybrid? They are the 3rd biggest advertiser in the world and with government money have created tremendous artificial demand. United States need to manufacture something.

Steinbrenner born in Rocky River, Ohio

2010-07-14T02:11:00.000-07:00

Rest in peace, Boss, George Steinbrenner created the New York Yankees Dynasty a visionary and winner.

Another Trillion in stimulus

2010-07-14T02:00:00.000-07:00

Maybe coming...Bernanke needs trillions to bail out housing market, ect... if you want to pass cap and trade. If stimulus not passed look at economic conditions via Krugman article.

Jim Rogers on the Markets July 2010

2010-07-10T16:01:00.000-07:00

Click below

http://www.youtube.com/watch?v=GE27-RoMdcQ

And the Winner is......Nike!!!!

2010-07-10T15:36:00.000-07:00

and DWade, Lebron, and Miami. I called Lebron going to Miami knowing full well that Nike wants to protect their $2 billion franchise. They inked Lebron and DWade for the long term. Lebron wasn't going to win 7 championships with the Knicks or Cavs. Also The Decision did a great job getting all media outlets hanging with hype. I will be enjoying with friends.

Audit Federal Reserve

2010-07-10T10:50:00.000-07:00

Did a brief audit on Federal Reserve. Very interesting. The info is out there if you look. All on the up and up. Well despite US Gov deficits for the next 20 years.

Treasuries

2010-07-10T10:40:00.000-07:00

Put client in US treasuries 2 years ago. Performed very nicely with zero risk and declining interest rates. Fed not going to raise interest rates-it would crush unemployment and real estate.

Intelligent Investor

2010-07-07T11:03:00.000-07:00

Higher a stock or asset goes the more risky it becomes including metals, stocks, and real estate.

A must read on fundamental analysis. Stock/Bond markets averaging 7.5% returns. Buffet did 24% for years.

Had a client looking for 35% returns.

$300,000 for 20 years at 20% equals 26.8 million.

Securities

2010-07-07T10:59:00.000-07:00

Spoke today to a financial buyer for a large bank looking for $500 million in RMBS/CMBS says rates only going up from here. Looks at collateral location.

Is a CCIM knows how to value real estate from a fundamental perspective on cash flows.

For simplicity buy a property at 100,000 get an 8% dividend (rent) forever. A good deal.

Want to make an important note that a friend manages $80 billion and sees deflation in the near term as do I.

Interest Rates

2010-05-18T11:46:00.000-07:00

With rates at all time historical lows bonds have held value. Take a look whats happening to credit. Ted spread widening-please review on Bloomberg.com

Take a look at Business Week "Bill Gross a Bond King Turned Bear"

No Fat Finger Error.

Put Strategy

2010-01-10T21:54:00.000-08:00

Bullish on the markets? Lets look at the married put trade. An investor is looking at buying oil. This trade provides unlimited upside and limited risk of loss. Lets look at a possible energy sector trade. This play includes Chevron, XTO, Exxon Mobile, Schlumberger, and Occidental among others. Buying the underlying security and also buying a protective put as insurance. Max loss on this trade is 8 a share, unlimited upside potential.

Jim Rogers on investments

2010-01-07T07:02:00.000-08:00

Famed investor Jim Rogers (Yale Alum) take on investments in the current market.

George Soros on the World Economy

2010-01-07T01:58:00.000-08:00

George Soros. Famed investor and philanthropist. In this video he speaks openly about the New World Order, China and the future of the greenback.

Federal Reserve

2010-01-06T15:53:00.000-08:00

More monetary easing from the Federal Reserve as Rick Santelli puts it "drink from the punch bowl".

Peter Schiff on the economy

2010-01-06T09:41:00.000-08:00

Peter Schiff was right!!

On Trading

2010-01-03T19:03:00.000-08:00

protective stops are absolutely critical to set when entering a position. I believe that RISK is the most important thing to monitor on a daily basis based on the previous day's close. And to look at risk with a thousand different eyes. Certainly never risk more than 5 percent per trade. I learned to always cut your losses. Famed trader Ed Seykota says much the same: cut losses, ride winners, keep bets small, follow the rules without question and know when to break the rules. Ed and I also believe all great traders are seekers of truth.

Commodity Profits

2009-12-29T20:32:00.000-08:00

Trading commodities. I want to explain a more conservative profitable trade that I have made for one of my clients. In December of 2008 I sold Bank stock for one of my clients. With the cash in December 2008 I purchased a Franklin Templeton Mutual Gold and Precious Metals fund for $17.51 per share. Instead of one company stock this mutual fund is a safer investment because of the multiple stocks in a basket. This includes the following companies Randgold Resources Limited, Newcrest Mining, AngloGold Ashanti Ltd., Goldcorp Inc, Barrick Gold, Kinross Gold, Yamana Gold Inc, Imperial Capital BCR, Compania de Minas Buenaventura S.A.A, American Shared Hospital Services, among others. Today this fund is $39.72 per share easily over 100 percent returns. My client is very happy with my advice on the markets. This blog will continue to explain more in depth my views on the markets and why I am buying or selling.

Insurance

2009-12-21T06:21:00.000-08:00

I want to start this day's blog with a story. An old friend of mine (I wouldn't reveal his name) called me to talk about insurance. He is married with a couple children. He has a nice home with a mortgage and a couple nice cars that he makes payments. He has other debt as well from student loans, ect. If he were to get sick, injured or die (we all do these 3 things in our life time) then his family would be destitute. His children would be in poverty. He told me he needs life insurance for $400,000. For a very affordable premium I can insure families and indivuals in case they get sick or injured. Most people are underinsured. To leave a family without insurance is a hazard I help people avoid. If you don't have it taken care of....Call me at my office and I will be happy to discuss how I can help you! 407.375.5004

Favorite quotes

2009-12-20T14:33:00.000-08:00

Michael Jordan: "There is no I in team but there is in win” “organizations don't win championships players do” “limits like fear are often just an illusion.”

Follow the Truth. -Sir Issac Newton
Destiny is not a matter of chance, it is a matter of choice; it is not a thing to be waited for, it is a thing to be achieved-Winston Churchill.
Self-trust is the first secret of success-Ralph Waldo Emerson.
The most successful people in life are generally those who have the best information-Benjamin Disraeli.
We are all self-made, but only the successful will admit it.
Men who say it cannot be done, should not interrupt those doing it.
You cannot strengthen the weak by weakening the strong-Abraham Lincoln
Determine that the thing can and shall be done and then we shall find the way-Abraham Lincoln
Try not to become a man of success but rather a man of value-Albert Einstein

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