Forex: There Are No Sound Currencies

The Swiss Franc is just less bad than the Euro at this point. The Swiss Franc is less bad than some other currencies at this point, that is the only thing. People are looking for a sound place to put their money. There are not any sound paper money anymore, so they have to look for the one that is the least bad.

Printing Money Will Not Solve The Fundamental Problems

Just because you print money, that does not mean you solve the fundamental problems that exist in your country or in any  country. A major problem these days is there`s staggering debt everywhere and the debt is getting higher and higher. Printing money and encouraging more debt is not going to solve the problem. One reason the world is having problems is because there is a huge debt overhang.

Central Banks Think They Are Smarter Than The Markets

The central banks think they are smarter than all of us, they think they are smarter than the market and therefore they think, "if we say, it is going to work". But it does`t. Just because Ben Bernanke or Janet Yellen says something, you know, they are nothing more than academics, an suddenly they get these jobs and people think, they must know something. But they don`t. They are academics and bureaucrats, they have no clue, as we are now finding out almost monthly.

Related trading instruments: SPDR S&P 500 ETF Trust (SPY), EURCHF, Swiss Franc;

Investing: You Must Understand Change

Topics: To succeed in the investment world you need to recognize and embrace change;

Related trading instruments: United States Oil Fund LP ETF (USO), Nymex Crude Oil futures, iShares MSCI Emerging Markets Index ETF (EEM), Euro Currency;

Investing: What It Takes To Be Successful

If you can be curious and skeptical and think independently and have a good judgement, chances are you will do very well in the investment community. But its not going to be as easy in the next decade as it was in the past 2 or 3 decades.

What It Takes To Succeed In The Investment World

Judgement is the one. One hundred people can go into a room and hear the same story. Only 5 to 6 of them are going to get it really right and understand what to do next, what is going to happen. Most of them come out with the conventional view instead of questioning, being curious and thinking around the corner. So, if you really have good judgement, if you are curious, if you can think independently, chances are you will do well in the investment world.

Video: Investing & Success

Topics: 

- What it takes to be successful in your career;
- Where to get investing ideas;
- Portfolio Management;