10/24/2007
During the past 90 days, we have experienced unprecedented volatility in the financial markets. Interest rates, bonds, stocks and currencies have fluctuated wildly for one reason and one reason only -- investor uncertainty.
Investors around the world are reassessing their future risks and opportunities. The most important question for you and your family is: Are you prepared for another year of this wild market uncertainty?
In my roles as investment advisor, radio talk show host, and wealth consultant, my overriding mission is to help educate investors and make them aware of what they need to do to prepare for another year of volatile, uncertain markets.
That's why I am really excited about my upcoming Wealth Strategies 2008 investor conference. In just one action-packed day, you'll find out how you can grow your assets by 20% or more during the next 12 months.
I know that is a big promise, but given the unprecedented era of investment opportunity in front of us, I think it's a promise my team can keep. In all of my years of investing, I have never been more excited about the future than I am right now. Let me share with you four reasons why 2008 may be the best investing year of your life.
Global Economic Growth is 300% Greater than the U.S. Economy. Never before in history has the promise and benefits of capitalism touched the lives of so many people around the world. This means huge investment opportunities outside of the United States.
China Becomes the Third-Largest Economy in the World. The emergence of China as an economic superpower is extraordinary. Just as the United States has dominated the economic landscape for the past 60 years, China now will affect your life in many ways. Your job, your mortgage, and, of course, your investment portfolio all will be affected by China's economic awakening.
The Down Trend in Real Estate Equals Opportunity. Record foreclosures and the economic impact of the bursting real estate bubble provide a truly extraordinary but untapped opportunity to buy real estate at prices 30-50% below peak levels.
The Emergence of the Single Greatest Investment Tool since the Mutual Fund. You may not be aware of the power and opportunity of exchange-traded funds (ETFs), but I am here to tell you that this investment tool can change your life. Once you have the knowledge of how ETFs work, you will be amazed at the growth potential for your investment dollars.
These four subjects are the focus of my one-day event on Saturday, November 10, 2007, at the Orange County Hyatt in Southern California. On that day, you will experience a comprehensive wealth-enhancement conference designed to grow your assets 20% or more in 2008. Here is our speaker lineup for this event:
International investing specialist Keith Fitz-Gerald will speak about the Global Opportunities for your portfolio in 2008. Keith is a respected market professional with nearly 20 years of experience. He has an extensive insider's network that he puts to work for you to get the inside track on what's really happening in global markets. He also is a professional trader and a licensed CTA who advises institutions and individuals.
China Expert Peter Navarro, author of the best-selling book, The Coming China Wars, also will present. Peter will showcase his insights on How China will Impact Every Aspect of Your Financial Life. He also will tell you how you can profit from the emergence of this economic superpower.
Real estate advisor Josh Lewis is another featured speaker. He correctly called the top in the real estate market back in September 2005 and now he sees The Greatest Buying Opportunity in Real Estate investing in the past 10 years just on the horizon. You'll definitely want to be ready when the opportunity presents itself. With Josh's help, you'll be well prepared.
And finally, I will be the host of the entire full-day event. As a bonus, I also will be presenting my seminar about ETFs: The Future of Investing. This seminar will teach you how exchange-traded funds can make your investing endeavors simple, inexpensive, profitable and even fun!
Join me at the Wealth Strategies 2008 conference. The cost is just $99, and if you want to bring your spouse or a friend, its just $50 more. The opportunity to listen to some of the sharpest minds in the investment world will happen on ONE day and ONE day only -- Saturday November 10, from 9:00 a.m. to 4:00 p.m. at the Orange County Hyatt.
If you act now, you can save an additional 20% on the price of admission. In fact, if you are one of the first 100 respondents to this e-mail, I will take off an additional $20. That's right, for only $79 you will hear from four world-renowned investing experts, receive numerous study materials, and, as an added bonus, receive a complimentary copy of my book, Maverick Investing.
ACT NOW To reserve your space! Seating is limited, and you don't want to miss out on this event. If you aren't completely satisfied, we offer a 100% money back guarantee. Simply click the button below to sign up or call 888.300.3684. I'll see you there!
P.S. To listen to a free preview of what will be discussed at Wealth Strategies 2008, Click Here.
It was an ugly day on Wall Street, as the major market averages pulled back early Wednesday after Merrill Lynch (MER) announced that severe credit-related losses would smack its bottom line.
In addition to the bad news in financials, the market also was rocked by a very sharp drop in existing home sales for September.
In what amounts to a one-two punch to the market, not only is the housing implosion dampening corporate profits, but it also actually is getting worse!
To give you an idea of how bad it was for Merrill Lynch, the company announced that it wrote down $7.9 billion in collateralized debt obligations due to defaulting subprime mortgages. The actual writedown was far more than the $5 billion the investment bank estimated earlier this month that it would have to report. The result for the investment-banking giant was a $2.3 billion net loss for the quarter. That hurts.
This worse-than-anticipated loss tells me that the financial sector may be in much worse shape than the optimists on Wall Street originally thought. I expect still more pain in financials, despite the recent strength in the overall market.
Once again, if you are still clinging to financial stocks here, get your house in order and get rid of them. There are plenty of other sectors, namely technology, health care and energy, that are performing far better and that don't come with a subprime infection.
Oh, and speaking of housing, the falling housing market really could begin aggravating the financial sector's troubles. The National Association of Realtors reported that existing home sales fell in September for the seventh straight month by a larger-than-expected 8%. That's the largest decline on record since the association started keeping track back in 1999.
So, will the dark clouds of weakness in the financial and housing sectors continue to assault equities? Nobody knows for sure, but the only way to make certain you don't become a victim of circumstance is to know when you are going to sell.
As I just said, knowing when to sell is a key part of properly managing your money. If you limit your losses to only small amounts, you'll never get hurt too badly.
This prudent form of money management holds true not just for your trading account, but also for your 401(k) and other types of retirement accounts. Often, too many people neglect to employ a sell discipline in their 401(k)s because they think of this money as their very long-term capital that they won't touch until they retire.
True, you shouldn't touch that money until you retire. But how can you be sure your "serious money," as I like to call it, will be safe and sound when you need it?
I urge all of you to take inventory of your 401(k) and other retirement accounts and apply the same sell discipline that you do when trading stocks or when investing for the short term. Sure, the sell discipline when investing for the long run might be a lot different in percentage terms, but you simply must know when you are going to sell every position you own to protect yourself from a rapid downturn in stocks.
If you don't know when you will sell every position you own, you're putting your money at risk for some serious pain.
One of the greatest features of my Successful Investing advisory service is that we know precisely when we will sell every one of our positions.
Knowing when to sell gives us the confidence not to panic during market downtrends and to be even more secure when the market is treating us well.
At Successful Investing, our subscribers have beaten the market for nearly three decades. And with our sell discipline firmly in place, we'll continue doing so for many more decades to come.
Want to hear my latest rant about the state of the financial markets? Well, listening and watching now is as easy as a mouse click.
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We invite all Alert readers to check it. We assure you it's worth it.
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I am a big fitness buff and I've worked with a personal trainer for many years. But before working with my trainer, I still worked out very hard. I hit the weights often, and I went through the motions with a sense of purpose and determination. After about six months of expending a lot of effort, I noticed that I really wasn't making much progress.
Frustrated, I decided to seek the advice of a professional. That's when I met my trainer, who told me that while I was working hard, I wasn't working very smart. After just a few sessions under the tutelage of a real pro, I was able to make the huge progress I was after.
You see, I was doing things wrong in the weight room that I didn't even know I was doing. It took a trained eye with the knowledge and expertise to be able to point out my errors and correct my problems. Once those corrections were made, I was able to take my performance to a whole new level.
I bring up my fitness training story because I think it is nearly perfectly analogous to the way most people manage their investment portfolios. Most people make an effort to buy and sell stocks and mutual funds, but like the novice fitness trainee, most people aren't making the progress they want.
The reason for that lack of progress is the absence of a professional trainer. At Fabian Wealth Strategies, we like to think of ourselves as your personal portfolio trainers. We can coach you on how to properly manage your assets and we can help you get to that new level of performance you're working so hard to achieve.
If you need some help assessing your portfolio's fitness, Fabian Wealth Strategies is here for you.
All you have to do is call us and schedule your very own coaching session.
For more information on how to schedule your coaching session, call David Fabian at 800.391.1118, or e-mail him.
Do not feel at all reluctant to call us. What you may gain is the life you desire.
"Things sweet to taste prove in digestion sour."
—Shakespeare, Richard II, Act 1, Scene 3
The Bard is never at a loss for wisdom, and so it is with this gem from Richard II. Often, the things we think will make us happy turn out to be a sour disappointment. Before you dive headlong into your next venture in life, it might help to keep in mind what really makes you happy -- or, to put it in Shakespearean terms: "This above all; to thine own self be true."
Wisdom about money, investing and life can be found anywhere. If you have a good quote you'd like me to share with your fellow Alert readers, send it to me, along with any comments, questions and suggestions you have about my radio show, newsletters, seminars or anything else.