Ian Wyatt has been actively investing in stocks for the last 25 years. He turned that passion into a multi-million-dollar Internet business when he founded Wyatt Investment Research in 2001. Ian’s goal is to help investors beat the market by finding great investments that are attractively priced. Ian knows that wealthy investors tend to invest differently. They don’t make ridiculous, high risk, high reward bets. They don’t feel the need to buy and sell frequently. Instead, they protect their wealth by investing for income and buying stocks when they are cheap. When they do speculate, they do so intelligently, without letting emotion enter into the equation.
Once credit markets get back on track, new construction and manufacturing, to a lesser extent, could come roaring back, outing even more pressure on commodity prices.
Perhaps government bailout plans and lower mortgage rates will help. But I’m now officially very skeptical of the consensus 2Q 2009 bottom for the housing market.
Here’s my headline for the day: Automakers Have a Plan: Ask for More Money. The original $25 billion needed to save the Big 3 is now above $30 billion…. Read more
There’s an old Wall Street saying – Never underestimate the American consumer. It’s a back-handed compliment, to be sure. But there’s some truth to it. The U.S. consumer is… Read more
Maybe it’s the freezing temperatures here in our nation’s capital. Or maybe it’s the fact that I’m just tired of watching stock prices fall. But I’m starting to feel… Read moreRead more
Stocks were unable to build on Thursday’s momentum. Friday’s late sell off seemed like a pretty obvious vote of no-confidence for Paulson. It also suggested the market had low… Read more
So much for the silver lining talk. The Dow Industrials seem intent on testing recent lows. The low close came on October 27 at 8,175. The intra-day low came… Read more
The Federal Housing Finance Agency and major U.S. banks are stepping up efforts to modify mortgage loans to keep homeowners in their homes and paying their bills. Read more
The silver lining for Monday is that some order is returning to the stock market. Declines aren’t triggering stop-losses and margin calls that send stock prices … Read more