Wealth Alchemist

Featured, Insights, Investment

This is what I did for you since 30 Oct 2008. Everything is quoted from my newsletters. For more details of the newsletters, please refer to our website: www.wcdr.com.hk. Please also find the attached charts of Hang Seng Index (HSI) and Shanghai SE Composite Index (SHCOMP). (See ‘A’ in HSI Chart) Newsletter 30 Oct and 3 [...]

Featured, Insights, Investment

As the economy continues to teeter and totter despite a strong stock market, one alternative for those who think the market will drop is to buy gold. In the face of high unemployment and low interest with economic instability, Gold has long acted as a hedge to the US Dollar. The US Dollar Index, a [...]

Featured, Insights, Investment

Let’s talk about the Hang Seng Index (HSI) for a minute. Along with the other global market, HSI started is advance since late Feb and early March this year at level 11,344. At the time HSI was below its 50, 100, 200 moving average so technically it is oversold. After almost two months of advancement [...]

Career, Featured

Despite the voracious stock market rally and not-so-crappy corporate earnings, the unemployment rate is still sky high and jobless claims continue to rise to add to the 15 Million of out-of-work population. As much as Goldman Sachs calling for the next leg of the bull market, the reality is we are still mired in a [...]

Featured, Insights

The YTD return on gold is 14.45%, which underperform the equity market. Gold was on my 2009 Year Ahead report recommendation list. In my mind, I treat gold as a unique form of ‘currency’, which is recognized universally. It is used to hedge against the US dollar weakness and the potential forthcoming global inflation. Since [...]

Insights, Investment

Go Go Gold Part II

Posted on 06 August 2009

I have got an inquiry from one of the readers regarding how to invest in gold? Please see the attached list for some gold investment ideas. Do consult your investment advisor or broker for up-to-date information on such investment or send us an email to double check with us regarding exactly how and how much [...] Continue Reading

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Insights

S&P breaks psychological 1,000 mark; what’s next?

Posted on 03 August 2009

Today the S&P 500 broke the psychological 1,000 mark and many are cheering as they believe this ushers in a true rebound in the economy. For one, the 1,000 mark was the highest level for S&P 500 in 9 months, making this even more significant in the face of such dire economic conditions. True, many [...] Continue Reading

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Insights, Investment

Go East, Go Ease

Posted on 30 July 2009

In the USA, many states are facing budget shortfalls and are on the verge of bankruptcy, for examples Florida, California, New Jersey and Arizona. For more details, please see the article by Center on Budget and Policy Priorities[1]. This scenario to me seems like the Fall of Roman Empire. The market capital of the USA has [...] Continue Reading

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Personal Finance

Avail debt help to gain financial stability

Posted on 30 July 2009

Debt help can take various forms. Among all way of debt helps that can make you get out of debt, debt consolidation is one of the most sought after options of debt relief. There are 2 types of debt consolidation companies catering to the needs of the debtors. There are few debt consolidation companies that [...] Continue Reading

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Insights, Personal Finance

Next housing segment crash: $1+ Million Homes

Posted on 27 July 2009

As much as the housing market has crashed some 30% in the last 2 years, most $1+ Million homes have not suffered the same fate. Most thought this was due to the fact there are still rich people buying up so-called McMansions, but the reality is most of these sellers opted to avoid reality and [...] Continue Reading

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Insights, Investment

Long-time bear believes GE stock worth only $2!

Posted on 22 July 2009

Charles Ortel, managing director of Newport Value Partners, is a long-time bear who has been shorting General Electric (GE) since August 2007. He has maintained that GE is really a financial company masquerading as a industrial conglomerate. The credit crunch that began in October 2008 really illuminated the financial insolvency of GE Capital, GE’s financial [...] Continue Reading

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Insights, Investment

Dow approaching 9,000 on extended rally but not for long

Posted on 21 July 2009

In a surprisingly strong week on the heels of a 7% gain last week, Dow is now close to approaching 9.000 as we roll into the middle of the earning season with just about every company beating the low earnings bar set in advance of the reporting. Despite the positive performances that has pushed Dow [...] Continue Reading

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Insights, Investment

Wild Wild West, Wild Wild Guess

Posted on 18 July 2009

The phase “Wild Wild West” gives me an impression of chaos & instability. This is how I feel about the USA & western countries in general these days. “It is the policy of the United States and it will remain the policy of the United States to remain committed to a strong dollar”, said Mr. Timothy [...] Continue Reading

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Insights

Jon Stewart’s Video on Goldman Sachs

Posted on 18 July 2009

Jon Stewart, the famous daily show comedian, took on Goldman Sachs on its recent latest net revenues of USD 13.76 billion (USD 2.7 Billion earning) announcment in second quarter. The better than expected earnings released last week was seen as the market recovery signal and caused the stock market to stable a bit after the [...] Continue Reading

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Insights, Personal Finance

7 steps to becoming a millionaire

Posted on 15 July 2009

Bankrate.com has published an article that talks about the 7 steps to becoming a millionaire. Do you agree? 1. Develop a written financial plan - Saying you want to be wealthy isn’t good enough. You need to come up with a workable plan and put it on paper. “The written plan forces you to do something,” [...] Continue Reading

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