Archive for September, 2012

Matt McLennan Transcript 9/21/12 #913

September 21, 2012

WEALTHTRACK Transcript #913- 9/21/12 CONSUELO MACK:  This week on WEALTHTRACK- in a world littered with investment choices, why First Eagle Funds’ Matthew McLennan values scarcity and resiliency in his portfolios. A next generation Great Investor Matthew McLennan is next on Consuelo Mack WEALTHTRACK. Hello and welcome to this edition of WEALTHTRACK. I’m Consuelo Mack. Have the financial markets become more stable? Is a sense of equilibrium returning to the global financial system? Several widely followed measures would seem to indicate yes. First of all, the stock markets have been on a roll. Year to date, the S&P 500 is up

BALANCE YOUR ASSET MIX ACCORDING TO YOUR AGE

September 14, 2012
Follow the advice of PIMCO’s Bill Gross:
“Own more stocks if you are young, but more bonds if you are in your 60’s or older.”

David Darst Transcript 9/14/12 #912

September 14, 2012

WEALTHTRACK Transcript #912- 9/14/12 CONSUELO MACK: This week on WEALTHTRACK, what will it take to rebuild damaged investor confidence? Financial Thought Leader David Darst, Morgan Stanley’s Chief Investment Strategist, shows us the steps to take to build a stronger and more secure financial house.  David Darst is next on Consuelo Mack WEALTHTRACK. Hello and welcome to this edition of WEALTHTRACK. I’m Consuelo Mack. Is the cult of equity dying, as bond king Bill Gross recently opined in his monthly investment outlook? Gross runs the world’s largest and one of its most successful bond funds, the PIMCO Total Return Fund and

David Darst: Should You Trust the U.S. Financial Markets?

September 14, 2012

Is the cult of equity dying, as bond king Bill Gross recently opined in his monthly investment outlook? Gross runs the world’s largest and one of its most successful bond funds, the PIMCO Total Return Fund and is one of the country’s most influential investors and prognosticators. As Gross’ chart, “Stocks For The Really Long Run” shows, stocks, with their 6.6% annualized inflation adjusted returns, have vastly outperformed bonds and cash over the last one hundred years; a fact chronicled by Wharton professor Jeremy Siegel in his investment classic, Stocks For The Long Run. Gross maintains this track record is unsustainable for a number of reasons, not the least of which is PIMCO’s expectation that the economy will grow at a much slower pace for the foreseeable future.  Under PIMCO’s now famous “new normal” forecast, real GDP should crawl along at 1-2% a year versus the historical average of 3.5% in the post-war era.
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CONSIDER HIGH QUALITY EUROPEAN STOCKS

September 7, 2012

Morningstar recommends:
Mutual European Z (MEURX)
Find the latest stats here.

  • Run by past WEALTHTRACK guest Philippe Brugere-Trelat since 2004 and has an outstanding track record

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