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Steve Selengut's Articles

  • Quarterly Window Dressing - A Recurrent Wall Street Scam
    Why aren't the wizards of Wall Street assuaging our nerves by explaining the cyclical nature of the markets and pointing out that similar crises have always preceded the attainment of new all time highs? Right, because the unhappy investor is Wall Street's best friend. Why can't politicians address economic problems with capitalist-economic solutions?
  • Guaranteed Social Security Benefits: Make It So
    This is a conceptual outline, a starting point for developing the nitty-gritty details, rules, regulations, laws, and agencies. All that is required is the will to change. Politicians like to debate changes to determine why new ideas can't be implemented. Here's a plan that must be implemented. Have a listen, throw out an incumbent.
  • Volatility Rocks The Investment Markets
    Much of the current skittishness in the financial markets is caused by multiple economic concerns and the incredibly naive resolution ideas being spouted by the presidential candidates.
  • Zero Overhead Real Estate Investing--- Right Now
    You buy these securities for the income, but always recognize that you have the bonus capability of selling your shares when they rise to an acceptable profit level... so when it comes to Real Estate, think: no attorneys, no debt, and no maintenance equal no problem.
  • Strategic Investment Mixology:Finding the Holy Grail Cocktail
    Investment portfolio mixology doesn't take place in the smiley faced environment that brought us the Cosmo and the Kamikaze, but putting an investment cocktail together without the risk of addictive speculations, or bad after tastes, is a valuable talent worth finding or developing for yourself.
  • Investment Performance Analysis - Simplified
    Let's develop an "all you need to know" chart that will help you manage your way to investment success in a low failure rate, unemotional, environment. The chart will have four data lines, and your portfolio management objective will be to keep three of them moving upward through time.
  • Your 401(k) Investments And The IGVSI
    Risk minimization begins with quality, is enhanced through diversification, and is compounded with realized income. The first two steps require research, greed control, and discipline. The income part just requires discipline, so it should be much easier to manage.
  • Predicting Stock Market Movements
    Wall Street spins reality in whatever manner it can to make most investors unhappy, thus increasing new product sales. Your confusion, fear, greed, impatience, and need for a quick panacea fuels their profit engines, not yours. Learn how to deal unemotionally with Wall Street events and shun the herd mentality.
  • Investment Politics: Jobs, The Economy, and Social Security
    Social Security benefits are grossly inadequate yet we continue to tax all forms of retirement benefits. Politicians ignore the simple solutions to these problems and no one seems to care about Social Security reform. It's just too big an issue to be so shockingly ignored, but the last politician with any courage--- well, I can't remember who that was either.
  • The Real Scoop on Annuities - Part One
    Today, it's difficult to distinguish one financial institution from another as they compete for the ever-growing pool of investment dollars. Insurance companies, now publicly owned, have become am integral part of an industry that seems uninterested in protecting anything other than their obscenely paid leaders.
  • The Rally Is Coming! The Rally Is Coming!
    The market has never and will never be a one way ticket to ride (smile Beatles fans). None of the important aspects of the voyage (advances, declines, speed, beginning, or end) are predictable, by anyone, no matter how overpaid or well credentialed. Sooner or later, some gutsy financial gurus will declare the stock market oversold and full of bargains.
  • Asset Allocation for Foundation and Endowment Investment Portfolios
    One can only speculate about how much "bubble paper" finds its way into the these portfolios, but nearly all of them are managed by the major brokerage firms, and all such firms bonus their brokers on the basis of product sales. It is not uncommon for Wall Street to re-write the syllabus for Investments 101, redefining quality, diversification, and income to suit its own dark purposes.
  • Investment Performance - Better Than You Think
    The Working Capital Model (WCM) approach to portfolio performance evaluation eliminates the tears and fears because it is based on more than the current market value illusion of wealth--- a number that won't sit still long enough to ever be meaningful. Market value, within the WCM, is used only to determine what to buy and/or when to take profits
  • Just Another Credit Crunch?
    Many investors are beginning to think that income investing is every bit as risky as equity investing, but nothing has really changed in the relationship between these two basic building blocks of corporate finance. What has changed in recent years is the nature of the derivative products created by the wizards of Wall Street to deliver both forms of securities to investors.
  • Asset Allocation: Investing by the Numbers
    Asset Allocation is a planning tool that allows the investor to structure his or her investment portfolios in a manner most likely to accomplish the goals established for each investment portfolio and for the investment program as a whole. It is the process of planning how the portfolio is to be divided between the two broad classes of investment securities: Equities and Income.
  • Calculating Your Investment IQ
    Just how much do you know about investing, or perhaps a better question: is there any "know" in the investment vocabulary? So many terms, ideas, and strategies; so little time and money! Here's a list of thirty mostly-true or mostly-false comments for you to kick around with your friends and fellow investment bloggers:
  • Investment Performance Analysis Using the Working Capital Asset Allocation Model
    Every December, with visions of sugarplums dancing in their heads, investors begin to scrutinize their performance, formulate couldas and shouldas, and determine what to try next year. It's an annual, masochistic, right of passage. My year-end vision is different.
  • Income Investing - Why Isn't This Easy?
    But more devastating than everything that has been done to turn Equity Investing into a product shopping mall of some kind, is the bottom-line/market- value brainwashing that has taken the calm, secure, and smiley-faced world of Income Investing and turned it upside down.
  • The Corporate Income Tax - Investor Enemy Number Two
    Politicians have never been shy about dictating proper behavior to individuals or hesitant in shamelessly picking the pockets of businesses to fund their projects--- but just as Congress picks corporate pockets, corporations pick those of their shareholders.
  • Investors For The Fair Tax Unite
    A Government that bemoans the population's low savings and investment rates has only itself to blame, and Wall Street Institutions are happy to exacerbate the problem with their own financial pandemic of products, strategies, and tax deferral and avoidance schemes.
  • Investors Only - Welcome to the BIG Buy Low
    The reality of corrections is one of the few certainties of the financial world, a reality that separates the men from the boys, if you will. If you fixate on your portfolio Market Value during a correction, you will just give yourself a headache, or worse.
  • How Do You Spell Correction?
    The problems, and the solutions, boil down to focus, understanding, and retraining. But for now, relax and enjoy this correction. It's your invitation to the fun and games of the next rally, when you will see that correction is spelled o-p-p-o-r-t-u-n-i-t-y.
  • Investment Politics 2008: What's (left) In Your Wallet?
    As Investors, we represent the single biggest voter block in the country. We must respond in one voice to the endless political drivel with a resounding "Money Talks, BS Walks".
  • Market Cycle Investment Management
    Whatever happened to the Stock Market Cycle; the Interest Rate Cycle; Baby Jane? How did Wall Street get away with pushing these facts of financial life down the basement stairs?

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