Archives June 2013

Weekend Roundup: Taper, China, US Economy and Gold

Last update on June 28, 2013.

Chinese Yuan

On every Friday, we'll bring you noteworthy articles that affects your investments.

Krugman blasted the Fed for the 'taper'

He argues that the Federal Reserve jumped the gun. By indicating that they're thinking about paring back bond purchases, the Fed effectively drove long term interest rates higher at a time when the economy still needs it.

Investors were worried about China's financial sector

In China, not everyone can get a loan from a proper bank. As a result, many Chinese businesses turned to alternative institutions to borrow money. Now, there are fears that the shadow banking system ...

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How To Buy And Sell Stocks And ETFs Using Questrade

Last update on June 26, 2013.

In this video tutorial, I show you how to use Questrade to buy stocks and ETFs so that you can put your investment portfolio into action.

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The Stock That Had Me Convinced I Was Stupid (Part 3)

Last update on June 22, 2013.

In parts 1 and 2, I begain to talk about First Solar, which is a company I invested in. In part 1, I explained why First Solar stocks dived from $300 a share to under $30 a share. In part 2, I explained why I decided to invest in First Solar.

In this podcast, I explain how the investment panned out.

 

 

Transcript:

Hello, and welcome to MoneyGeek's podcast. My name is Jin Choi and in this episode, I'll continue from my last episode and talk about my experience investing in First Solar.

In the last episode ...

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Reason #2 Why Markets Are Not Efficient: People Are Emotional

Last update on Sept. 19, 2013.

 

The 'Efficient Market Hypothesis' (EMH) is like a religion. Believing in it has a dramatic influence on the way you actually invest. Plenty of financial advisors believe in EMH, which makes this subject very relevant for us. In this series, we discuss what EMH is, why it's wrong and why that matters.

In part 3, I raised the first real objection to EMH, which is that people often act stupid when it comes to investing. In this installment, I launch a second volley against the EMH. I can summarize today's argument in this single sentence:

People act ...

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The Stock That Had Me Convinced I Was Stupid (Part 2)

Last update on June 17, 2013.

In my last post, I began to talk about First Solar, which is a company I eventually invested in. I explained why it was the darling of the renewable energy sector, and why it fell from grace.

In this podcast, I explain why I jumped into the stock, and what happened.

 

 

Transcript:

Hello, and welcome to MoneyGeek's podcast. My name is Jin, and in this episode, I'll continue from my last episode and talk about my experience in investing in First Solar.

In the last episode, I explained why investors dumped First Solar. To recap, the ...

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How To Plan For Your Retirement Using MoneyGeek

Last update on June 13, 2013.

You're not too young to start planning for your retirement.

In this video tutorial, I show you how you can use MoneyGeek's retirement tool to plan for your own retirement. I also explain why you should start planning for your retirement today, and I also explain some inconvenient truths regarding retirement.

 

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The Stock That Had Me Convinced I Was Stupid (Part 1)

Last update on June 10, 2013.

CC Image courtesy of russf

"In the short run, the market is a voting machine but in the long run it is a weighing machine." - Benjamin Graham

In this podcast, I will talk about my experience investing in First Solar (Ticker: FSLR). I will talk about why I first chose to invest in it, why that made me feel stupid for a time, and finally, how it all ended for me.

 

 

Transcript

Hello, and welcome to the MoneyGeek podcast. My name is Jin Choi, and today, I want to talk my experience investing in a company called First ...

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Reason #1 Why Markets Are Not Efficient: People Don't Research

Last update on Aug. 21, 2013.

"The best argument against democracy is a five-minute conversation with the average voter." - Winston Churchill

The 'Efficient Market Hypothesis' (EMH) is like a religion. Believing in it has a dramatic influence on the way you actually invest. Plenty of financial advisros believe in EMH, which makes this subject very relevant for us. In this series, we discuss what EMH is, why it's wrong and why that matters.

In part 2, we discussed the academic literature in support of EMH, and the implications of believing in EMH. In this installment, we give you one reason why it's wrong:

People ...

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A Couple's Experience With A Typical Financial Advisor (Video)

Last update on June 5, 2013.

A recently retired couple had once trusted a financial advisor to invest their savings. This is what happened (explanations to follow).

3 Major Advisor's Failings

If you talk to other people near retirement age, you'll find that this couple's story is pretty typical. There are 3 major failings, as I see it:

1. Wrong recommendations: Obviously, this couple didn't have a big stomach for risk. But from the sounds of it, the advisor sold them products with more risk than they could handle. In a way, this is understandable. It's very hard to gauge risk ...

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Disappointment In Store For The Canadian Couch Potato?

Last update on June 1, 2013.

"The dumbest investment you know, in my view, is a long-term government bond" - Warren Buffett, March 4, 2013

 

In the last month's newsletter, I made a bold claim. I said that our portfolios will significantly outperform the The Canadian Couch Potato's in the long run. I also promised to explain why, and in this blog post, I will do just that.

 

 

Transcript:

Hello and welcome to MoneyGeek's podcast. My name is Jin Choi, and today, I'll talk about why I think there's disappointment in store for the followers of the Canadian Couch ...

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