“Turning off the Bubblevision [your TV] is a great step towards preventing yourself from becoming a slave to the market.” ~James Montier
By Catherine Austin Fitts
Every other Monday night is Team Awesome Solari Circle night. Members of our team join by phone to discuss our investment simulation.
This Monday we will be reviewing shifts in the financial markets, including changes in the oil and gas equity sector as a result of the drop in the oil price as well as concerns regarding liquidity in the bond market. What are the resulting opportunities and risks?
We will review the performance of our initial investments and discuss whether or not we want to add to them before year end – or wait until January.
Finally, we will discuss the first investment book we chose for discussion, James Montier’s The Little Book of Behavioral Investing: How Not to Be Your Own Worst Enemy.
I am looking forward to a lively discussion!
Related Reading:
Solari Report Equity Markets Library
Team Awesome Solari Circle, Part I
Team Awesome Solari Circle, Part II
Team Awesome Solari Circle, Part III
We all have our own risk aversion. I used my ira administrators analysis tool. The tool answered with an equity top of 50% …Matrix based of course. Thanks for providing the allocations.
Allocations for 2015:
Cash 10%
Fixed Income 25%
Equities: 50-60%
Commodities: 0-20%
Fixed Income: 100% $ Denominated
Equities: 60-90% Domestic; 10-40 International