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Eric Linser, CFA | March 17, 2011
I would like to quickly share my thoughts on the events in Japan this past week.
First, let me say that my heart goes out to everyone that has been affected by the horrible disaster.
My role as an advisor is to opine on the financial aspects of the disaster, the events occurring here at home (be it the US, or California), the Mid-East, or the emerging markets. more ...
Eric Linser, CFA | Mar. 2, 2011
Answer: Political protests!
While each participant has different political agendas, the commonality I see is contagion, or the spread of unrest.
In the Mid-West, particularly Wisconsin, a battle rages over public sector finances. Elected officials are pushing to eliminate or weaken collective bargaining by government employees' unions with the more ...
Eric Linser, CFA | Jan. 11, 2011
Investors are, or soon will be, opening their year-end statements. If you had a good portion of your portfolio allocated to stocks you most likely had a very good year. If you had a taxable account with a good amount of municipal bond holdings you saw the value of those securities fall over the months of November and December. You may have still done OK but losses are always a bit disconcerting. A chart of the iShares National more ...
Climbing high hills for views to successful investing
If you're a "stock picker" (more precisely, selecting investments), you're likely interested in the financial, economic, social, political, and technological trends creating opportunities, and presenting risks, across the world -- I'm one. While I'm not enamored with the term "stock picker," behind every portfolio there's a stock picker somewhere in the portfolio construction process, more ...
Eric Linser, CFA | Aug. 9, 2010
Last Friday, August 6th, we received July's jobs report from the Bureau of Labor Statistics (BLS) which solidified investor fear and drove many from the market on Friday. However, despite mixed economic reports and recovery concerns, the markets managed to build on their recent gains in July. The Dow Jones Industrial Average rose 1.8% for the week, the S&P 500 added 1.8% and the Nasdaq gained 1.5%.
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Green Valley's globally diversified balanced portfolio.1
Created and managed by Eric Linser, CFA, Chief Investment Officer, the portfolio draws upon Eric's global insights and 20 years of experience in making investment strategy and asset allocation decisions affecting individual investors. Seeing a need for far more nimble more ...
Green Valley's globally diversified complete stock portfolio.1
Created and managed by Eric Linser, CFA, Chief Investment Officer, the portfolio draws upon Eric's 20 years of experience in making investment strategy and asset allocation decisions affecting individual investors.
Strategy & more ...
Eric Linser, CFA | July 8, 2010
As we enter the 2nd half of the year, optimism that greeted the year has evaporated and investors around the world are questioning the strength of the economic recovery. European sovereign debt troubles that have surfaced have now clouded views on the sustainability of global economic growth.
So what's going on? It's not just one thing, it's an accumulation of them. Fears of a second recession (double dip) are more ...
Phil Diamond, CFA | May 24, 2010
Forget everything you've heard or have learned in the last few weeks and just imagine that naive version of you from just the middle of last month still existed. Then, what if we told you that oil had gone from $80 to $68, interest rates had dropped by 0.60% (or 60 basis points) on 10-year Treasuries, that we had the best monthly employment report in over three years, that corporate earnings were growing like more ...
Eric Linser, CFA | Jan. 26, 2010
(Reprint of Jan. 26, 2010 E-Newsletter)
Dear Investor:
This past week's market action was like riding a see-saw. We go way up...then way down. However, unlike an actual see-saw, it wasn't much fun for investors. There was concern about China reigning in their bank lending so that their property markets don't overheat (and that's a bad thing?) Note: don't more ...
Thematic Investing for 2010 and Beyond
Eric Linser, CFA | Jan. 25, 2010
If the crippling financial events of 2008 and 2009 proved one thing, it's that investors need to rethink the entire philosophy of "portfolio management." Today, some of the best-performing managers around the world manage their portfolios more ...
Eric Linser, CFA | Dec. 22, 2009
There has been a lot of mention of the phrase "the New Normal" so I thought I'd define it, and discuss the ramifications and opportunities that such a philosophy represents.
We have just witnessed, and hopefully survived, the worst financial crisis since the Great Depression and the ensuing more ...
Higher Asset Allocation Weighting in Portfolios
Phil Diamond, CFA | Nov. 23, 2009
In a similar vein to Silicon Valley companies outsourcing information technology (IT) operations to India, so too should investors consider making such a move by shifting their asset allocation to a higher international weighting in both stocks and bonds, a move we have continually called for in client portfolios. A reminder of why we are doing this more ...
With Recovery in Sight, Time to Rebalance
As an advisor, rebalancing is the financial equivalent of eating your vegetables. At its most basic, rebalancing forces people to set an investment strategy and realign their portfolios to match it. For older investors, that might mean shifting to bonds and cash. For younger investors with more time to recover from stock drops, it might mean moving from large-cap to small-cap stocks, or domestic stocks to international stocks.
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First, let's define a "last plane out" account -- an offshore stash that would allow its owner to catch the last plane out of an imploding country and still be able to live well in exile.
Americans have joined Europeans worried about everything from rising taxes to hyperinflation to capital controls. Such similar experiences come from our ancestors who fled 19th and 20th century chaos and came to America in search of opportunity more ...
We at Green Valley strive to identify global themes that we believe are most likely to be important long-term drivers of the global business environment. Then we use intensive fundamental research and a wide array of quantitative tools to invest in companies that stand to benefit as these themes unfold. We believe this approach we help us to steer clear of trouble and stay focused on what's working, and making money.
Thematic investing involves identifying certain social, economic, more ...
recovery, interest rates, inflation, Muni bonds, global perspective & more
Eric Linser, CFA | Sept. 21, 2009
Here is our monthly perspective on events and trends affecting the economy, the financial markets, and investment management. First, let's take a look at an interesting chart and commentary from Morgan Stanley's chief European market strategist, Mr. Teun Draaisma, as to how much further the stock market could rally. We'll take a more ...
Did you follow Warren Buffett's advice last year to buy American stocks? In that now famous October 17, 2008 Op-Ed piece in the New York Times, Buffet shared his simple rule for buying stocks: "Be fearful when others are greedy, and be greedy when others are fearful." Certainly at that time fear had gripped the markets and investors were fleeing equities into cash.
Well if you did buy at that time, then you are one of the few, the proud, and the bold value more ...
Eric Linser, CFA | June 15, 2009
With the markets on the right trajectory as of recent, it seems safe to come out of our bunkers again. The rocky start to the year has revealed an almost unprecedented opportunity for investors -- a chance for a fresh start to 2009. After an abysmal start in January and February, March, April and May have rewarded investors with a nice sustained 3-month rally which has brought us back to being flat to up for the year. Just as the more ...
Eric Linser, CFA | June 15, 2009
Currently, Americans are experiencing a market occurrence so improbable and unpredictable that economists believe it to be a once in a lifetime type of event. The result, of course, is many portfolios are in disarray. So how do you recover your losses while at the same time managing risk in your portfolio? Although economists are calling this a “Black more ...
Many countries are growing faster than the US, and when global markets do rebound, they'll show individual strengths you'd be wise to have bet on. Just when more investors were warming to the benefits of global investing, global stocks tanked. When the Standard & Poor's 500-stock index fell ~ 40% last year, the damage outside the US was worse—and in emerging markets, it was devastating – with international markets down 50-60%, on average.
The severity of the downturn more ...
Disclaimer: All articles are for informational purposes only and do not constitute offers/solicitations to sell or purchase any security or investment product or service; this information is provided solely for your personal use and is not intended to be investment advice; all investments are subject to risks, including possible loss of the principal amount invested; diversification does not protect against a loss in a declining market or ensure a profit; stocks of companies in emerging markets are generally more risky than stocks of companies in developed countries; foreign investing involves additional risks including currency fluctuations and political uncertainty; prices of mid- and small-cap stocks often fluctuate more than those of large-company stocks; investments in bonds are subject to interest rate, credit, and inflation risk; past performance is no guarantee of future results; nothing constitutes tax or legal advice; investment products described herein are not bank deposits; are not insured by the FDIC or any other governmental entity; are neither obligations of, nor guaranteed by Green Valley Wealth Advisors, LLC. We are not responsible for the accuracy or content on third party websites; any and all links are offered only for use at your own discretion; and our privacy policies do not apply to linked websites.
