2 Strong Sectors With 6 Strong Stocks

Today, I'm going to be looking at 2 strong sectors amongst my 9 sector group that I watch on a constant basis. The 9 sectors I watch are the consumer, service, healthcare, energy, financial, technology, industrial, materials and utility sectors.

Can you guess which 2 sectors are the strongest? Continue reading "2 Strong Sectors With 6 Strong Stocks"

George Soros Says 50/50, I Say 100%!

This morning, famed hedge fund manager, George Soros, who made $1 billion betting against the Bank of England some years ago, thought it was a 50/50 proposition that Greece would exit the euro. My feelings are it's closer to 100%, and it's just a matter of time before Greece implodes. The bottom line is, they don't want to pay back the money that they have borrowed in the past.

If and when this happens, the financial ramifications will have a profound effect on the world. Whether this means a run to hard assets like gold or the beginning of an inflation cycle, it is too early to tell. Continue reading "George Soros Says 50/50, I Say 100%!"

A Brief Guide to SIPPs

By: Susan Wade

Self-invested personal pensions (SIPPs) are a topic that many people misunderstand, but the concept of them is actually a rather simple one: essentially, a SIPP is a pension 'wrapper' that holds your investments until you retire. They work in a very similar way to standard personal pensions, with the main difference coming down to the increased flexibility that they offer the pension holder.

How SIPPs Work

SIPPs may not be hard to understand, but that doesn’t mean that they're suitable for everyone. Although their popularity has grown tenfold over the last decade, they're suited to a very specific type of person.

A standard personal pension scheme is created to suit almost everyone. It usually takes the form of a pooled fund, and an experienced professional manages your investments on your behalf. Continue reading "A Brief Guide to SIPPs"

You Want To Borrow More Money, But You Can't Pay Me Back

Let's face it, Greece is going to be a tragedy one way or another. It is only a matter of time. Can you imagine someone wanting to borrow more money so they can help pay back the loan that they already can't pay back? Does that make any sense to anybody, anywhere on this planet?

Well, that's exactly what's happening in Greece right now and in my humble opinion, it is only a matter of time before it implodes and Greece exits out of the euro zone. Fiscal responsibility is not a word known in the Greek language. There is no way that Greek citizens are going to ante up and volunteer to pay more taxes, they are too used to getting free things from a government which they do not trust. That, my friends, is why socialism does not work and in the immortal words of the late British Prime Minister, Margret Thatcher on socialism, "sooner or later you run out of other people's money". And that's exactly what has happened to Greece. Continue reading "You Want To Borrow More Money, But You Can't Pay Me Back"