"THAT'S JUST MY OPINION" - VOL. 19
If you have 5 year, 10 year, 30 year bonds in your portfolio - good luck in 2014!!! Interest rates are going to creep higher throughout 2014 and into 2015. If bonds are in your portfolio - you will lose money!! The only place to put your money in 2014 is in the US stock market! Will the market have down days or down weeks in 2014? - yes. So what - stay the course! Can any of you viewers tell me where you could have made 26% to 32% for the year other than the US stock market? Let's look at a scenario I can envision in 2014 - interest rates start to creep up slowly and bond holders start losing money in their bond holdings - where do you think that money will go into? Answer the US stock market! Do you have any idea how many trillions of dollars are invested in bonds? Let's just say 10% comes out of bonds and into the stock market - we could have a repeat of 2013!
"THAT'S JUST MY OPINION"
Bear with me for awhile - because I hear people coming on TV saying investors beware - it's 1929 all over again!! Really - These idiots have never investigated why the 1929 crash happened - it's easy to learn go on Google and investigate for yourself. Did you know that from 1927 up till 1929 favored stock investing customers only had to put up 10% and the rest would only put up 20% to buy stocks - maybe it's me - but that sounds very familiar - "you can buy a house with no money down and we will give you 125% of the value of the house you want to purchase" - REALLY! When the market in 1929 started to go down - margin calls forced the owners of stock to sell - no wonder the market crashed!! I find it interesting that Washington politicians never seem to learn from history - it's amazing to me that this country has survived despite Washington! It just shows you that the CEO's of the American companies are smarter than politicians!!
For the most part American companies are lean and mean, and are waiting for a go sign from Washington before they unleash what could be the greatest American expansion in our history!!!!
"THAT'S JUST MY OPINION"
Sorry for the rant! Now let's look at this weeks action.
DOW for the week up $257.27 or up 1.59%
My holdings
AIG for the week up 0.15 cents or up 0.29%
C for the week up 0.05 cents or up 0.10%
ABBV for the week down 0.04 cents or down 0.08%
ABT for the week up 0.53 cents or up 1.40%
DIS for the week up $1.95 or up 2.69%
NKE for the week up 0.82 cents or up 1.06%
JCI which I want to buy on a scale down basis starting @ $50.23 down to $48.95 never got there this week- the low was $50.51.
SD which I want to buy on a scale down basis starting @ $5.75 down to $5.51 never got there this week - the low was $5.82
Stocks I sold last Friday because I do not believe their price will appreciate very much in 2014 - even though they do have good dividends - but here is the problem - when interest rates start to go up - those dividends will not look as appealing!
Those stocks were
T, MO, BIP, CLMT, MFA.
For people that have over one million dollars in their portfolio - check in on my blog on Tuesday December 31st - I will show you how you should invest at least 10% in a managed commodity fund - tune in!
Also, I will have 5 stocks for 2014 - tune in!
"THAT'S JUST MY OPINION"
Thank You;
Len Dwelle
If you have questions e-mail me.
lendwelle@hotmail.com
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