Happy Thanksgiving!

As we come together with family and friends, we should keep in mind why holidays like these exist. . . a time to eat with no guilt, enjoy a football game, share laughter and smiles with loved ones, be thankful for all we have, and last, but not least, SHOP!

It is amazing that BestBuy would list on their website the steps to ensure DOORBUSTER purchases--which can only be bought with the possession of a little ticket. . . a ticket you can only get starting at 3AM on Friday morning. . . where you have to make sure you are in line hours before hand. You better believe it---there is a line at 2AM! It is my endeavor this year to secure a laptop at an outrageously reduced price for my son (as a christmas present).

No money talk today. When you're shopping on Black Friday, feel good that you are pumping more life into our economy! Buy smart and be safe.

The Shape of the Market

what happens when "the wave" starts at a ball game?

at the beginning, everyone's really into it...you watch it going around, anticipating the right time to stand up, throw your hands in the air with reckless abandonment, and come back down in a gradual motion as to ensure the perpetuality does not lose its novelty before it comes around to you again. Yes, it gives you a sense of accomplishment, instant success--exhilaration for the moment . . . to be an integral part of a moving organism, THE WAVE. Big fun at ball games, but not so much in the game of investing.

the moneyman warns us of becoming a part of the herd. (that was completely an unintentional plug for his book--Escape from the Herd 2006)

To be a good investor means to recognize the pattern of how things work in the market--to understand where it is, where it's been, and where it's going. . . .seems too easy to be true.



Dan says that viewing the market as a series of waves on a daily basis, going up and down is a tragic mistake that many people make. Stock charts, money market watches bombarding our visual senses with an array of colors---seems like in every business section of any given newspaper or business journal , you can inevitably find a chart of some sort, predicting this or reporting the history of that---but they all look the same. . . Hills and valleys.

Pretty picture, huh?

That is exactly what people like to see . . . a pretty picture, one that shows them that if they are down, an eventual high is to be expected soon, very very soon . . . can we stay afloat in an ocean of waves forever? Do we not fear that shoreline in the distant?

My eyes have just been opened a little wider by my dear MoneyMan.

While these charts are pretty to look at and may very well be informational and helpful in one way or another, they don't show you the big picture, or even close to the whole picture—but isn't that what we want to see? Haven't we always been told that a smart man takes a step back to see things from a different perspective?

Dan says a smarter man takes a few steps back and looks at the whole picture from the left side, right side, underneath and 100 miles away--even 10,000 miles away.

Money makes the world go round, right? According to Dan, that is precisely the "whole picture." He sees the state of the market as being cyclical rather than a series of waves. Don't ride those waves with it's ups and downs . . . be proactive, analyze and predict. If the market is cyclical, then at any point on that circle, there is a complete 180 from that point--look directly across, not two steps in front of you.

Tune into BizRadio 1320AM Houston & 1360AM D/FW to hear more of what my MoneyMan thinks. . . in the meantime, enjoy your 7th inning stretch and pay attention to the shape the wave actually takes ;)



The MoneyMan Report . . . 4-6pm . . .BizRadio Network

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.