“We must become the change we want to see.”
-Mahatma Gandhi
Hello BizRadio listeners! As you may have already noticed, this blog is not under the same maintenance anymore. I’d like to utilize this first entry to recognize the wonderful human being who began this blog, Cuc Roettele. Miss Roettele served not only as Dan Frishberg’s Executive Assistant/No. 1 Fan, but also as a wonderful co-worker and friend of the BizRadio staff. Not to mention, an amazing mentor for my writing.
At this moment, I would also like to formally introduce myself. My name is Marylu Rodriguez, I’m 22-years-old, and a firm believer that everyone has a story. I have been entrusted with writing about the sound of your money growing, and I hope I can offer another perspective on Dan’s amazing expertise. Although I won’t be able to fill Miss Roettele's shoes, I intend on leaving fine footprints of knowledge within my future readers. My goal is to become a journalist and bring light to issues that remain unnoticed in the shadows.
My journey with BizRadio started on a hot summer day in 2006. Elisea found me at the Houston Polo Club, where I live and, at the time, worked with my father. My father is a horse trainer who takes great care of Polo horses. I must’ve been wearing the oldest shirt I owned that day, but nonetheless - Elisea struck up a conversation with me. We talked about education, my goals, and most importantly my family. I shared that I was a Broadcast Journalism major and that I took a lot of pride in helping my dad on his ranch. Before I knew it, the conversation turned into an interview, and the next thing I knew – I had an internship set to start that Monday. The rest of the story is easy; I ended up working alongside some of the most creative and efficient people I’ll ever meet.
Now present day, I have come to the great realization that the staff of both BizRadio and FJSK Advisors has become a unity – an extended family if you will. We co-exist together like any other family would, through difficult times and the most spontaneous moments we’ll probably ever live. I’m surprised our IT department puts up with us, and at the same time very thankful for their patience. We depend highly on our technology to broadcast efficiently and carry out our company motto being, “Our success is directly correlated with the number of people we serve, and how big our impact is on their lives.”
We wish Miss Roettele the best in her future, and this blog is evidence that she will be greatly missed. Stay tuned to read about the sound of your money growing.
Sunday, April 20, 2008
Monday, April 14, 2008
More Questions!
Investors who don't pay attention to what foreigners do will be completely thrown off.
The question everyone is asking . . .Is this the bottom?
Dan says no. He says that there will be a severe drop further and then what? After all of the euphoria, more people will be laid off and the economy will continue to slow down. The only thing that is still a wild card is the foreign money sitting on the sideline, waiting while our dollar is circling the drain. When the dollar stops falling, it's going to free up this money that has been waiting, and these foreigners are anxious to scoop up all of this real estate, stock and companies, taking advantage of all of these bargains in the United States.
When the dollar starts to get stronger, there will be a giant rush of assets into the United States and it will make everything go up and that would change all of the things that everyone normally expects.
So if I have to base it on what Americans do, I would say no, this is not the bottom. There is more room because Americans are still selling. Demand and buying power is strong and staying strong for the moment. Americans are still willing to sell everytime there is a lil bit of a rally. But if the foreigners come in here and start buying everything, if that's what's happening right now, then they can overpower that demand for a while and then the sellers will stop and hold out for better higher prices, and we can have another year of bull market.
So you can never tell what those foreigners will do. They are part of the game and most of us don't know how to could them in our math.
What do we need? If it is up to Americans to make the stock market rally, I think there are too many bulls, not enough bears--we need capitulation. We need everyone to just give up and sell out, so that it goes down far enough, so that it will be a bargain. Use up all of the supplies--historically, this is how bear markets have ended here, in the United States, with the exception 2006 and the bond market.
Listen to more here.
The question everyone is asking . . .Is this the bottom?
Dan says no. He says that there will be a severe drop further and then what? After all of the euphoria, more people will be laid off and the economy will continue to slow down. The only thing that is still a wild card is the foreign money sitting on the sideline, waiting while our dollar is circling the drain. When the dollar stops falling, it's going to free up this money that has been waiting, and these foreigners are anxious to scoop up all of this real estate, stock and companies, taking advantage of all of these bargains in the United States.
When the dollar starts to get stronger, there will be a giant rush of assets into the United States and it will make everything go up and that would change all of the things that everyone normally expects.
So if I have to base it on what Americans do, I would say no, this is not the bottom. There is more room because Americans are still selling. Demand and buying power is strong and staying strong for the moment. Americans are still willing to sell everytime there is a lil bit of a rally. But if the foreigners come in here and start buying everything, if that's what's happening right now, then they can overpower that demand for a while and then the sellers will stop and hold out for better higher prices, and we can have another year of bull market.
So you can never tell what those foreigners will do. They are part of the game and most of us don't know how to could them in our math.
What do we need? If it is up to Americans to make the stock market rally, I think there are too many bulls, not enough bears--we need capitulation. We need everyone to just give up and sell out, so that it goes down far enough, so that it will be a bargain. Use up all of the supplies--historically, this is how bear markets have ended here, in the United States, with the exception 2006 and the bond market.
Listen to more here.
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