Saturday, November 10, 2007


THE DOW IS AT AN ALL-TIME HIGH!?!?!? Holy smokes, that must mean my bucks rockin it! Not according to the MoneyMan Report . . .

Dan says it's easy to be fooled into thinking we have so much when we really don't--bummer right? Not really . . . better that we know what the truth is and how to fix it than live with our heads in the clouds . . . so this is good news for someone like me. I want to invest! I want to save! I want to understand what stocks I need to buy and what my dollar's worth.

Dan the MoneyMan says, “It doesn’t matter how many dollars or points it’s at, it’s how much stuff can you buy with it! In terms of gold or copper or steel, the DOW is falling miserably. Even in terms of medical care and college tuition, it’s been going down steadily over the past few years. "

So what works?

"Owning things that hold their value over time--owning companies, real assets, things that aren't just paper. Why are gold mining shares not up as much as gold and oil shares not up like oil?" Of course this doesn't mean that he is suggesting you get rid of all of the paper!

We like the real stuff! "Private equities," he says.
*note to self* what exactly is private equity-and is there a difference between private and public when it comes to equity?

~Private Equity is the ownership stake that results from investment in a private (not publicly traded) company. Investors in Private Equity generally are Individuals called Angel Investors, Business Development Companies, and Venture Capital Funds.~

Dan says," in this decade and going forward, the world values the real stuff more than it will value paper."

Paper is worth less-real companies are worth more, real assets are worth more! I can dig it. Makes sense to me how actually holding something in your hand means more than having a fortune cookie fortune on your plate---but i do fancy those lottery numbers on the back ;)

Did you know this? How could we have been so fooled by the ominous Mr. Jones? Do you find yourself sleeping better at night when you read in the WSJ how well the DJIA is doing? Think again, my friend.

So Dan asks, “why do we think the DOW looks so good to us?” Here is where I found myself on the edge of my seat . . .

Nuh-uh, not so fast . . . I’m not telling.
You’re going to have to find out for yourself: TheMoneyManPodCast

You should really tune in to 1320 AM in Houston and 1360 AM in Dallas/Fort Worth
between 4-6 PM week nights for
The MoneyMan Report with Dan Frishberg.
Ears perked, listen closely and you may hear
the sound of your money growing.

1 comment:

Anonymous said...

I can dig it! I like the "comman man's perspective" on this. Investing is something I've been interested in but too intimidated to get into. p.s. Ur a hottie!