Virtue In Being Early?

Trader Mark has a post up about Chile (hat tip to a reader) that was inspired by this Wall Street Journal article. Both the blog post and the WSJ article have a lot of meat on the bone. Mark says that he’d never written about Chile before and based on what he wrote I presume he is favorably disposed (apologies if I read that wrong). I’ve been writing about Chile for about four years, following it a little longer than that and have had exposure more often than not over the years. It has been quite clear to me for several of the reasons cited in both links that Chile offers a lot of potential utility as an investment destination. This post is not about whether you should think Chile makes for a good investment or not. To be clear neither Mark nor the Journal are late. I think, though, this is a good example of how investors will learn about new (to them) destinations and the potential value in having exposure to these places before that happens. Although that is a fairly obvious point I know (you do too depending on how much stock market television you watch) that many investment professionals are reticent to be early in adopting something new–safety in numbers. I know from some of the conferences I go to, and by some feedback from my Street.com articles that not many folks invest at the sector level, for example, and individual countries are also uncomfortable. I believe that the way markets and investing are evolving people will have to go narrower than they do now....

Another Working In Retirement Example

A big focus on this site has been the need to seek out ways to supplement income during retirement in order to relieve the burden placed on the portfolio. For people willing to spend some time being creative and laying some ground work early on there are many ways to achieve this in such a way that fits any given situation. I mentioned the other day that Joellyn went up to the Best Friends Animal Sanctuary with a couple of her dog-lady friends. Sticking only to the pertinent details a friend a friend of Joellyn’s is in her mid-60s and does copy-writing for the sanctuary. She lives up near the sanctuary but is moving, coincidentally, to Prescott and can continue to do the job via telecommute. Presumably she has some knowledge of animals and writing which makes this a good fit for her. Not knowing this person at all it is safe to assume that she will be able to do the work for quite a while. Obviously it doesn’t pay $10,000 a month but it does provide benefits so it putting this in your terms how much would you need to make to relieve your portfolio’s burden? And how much more would that be worth in exchange for benefits? If something that was in your wheelhouse (you can do it and enjoy it) paid just $10 per hour for 25 hours a week and your portfolio need was $4000-$5000 per month then I would submit that the $1000 in this example would be huge. Even if you needed $10,000 a month the job in this example is helpful....

Another Working In Retirement Example

A big focus on this site has been the need to seek out ways to supplement income during retirement in order to relieve the burden placed on the portfolio. For people willing to spend some time being creative and laying some ground work early on there are many ways to achieve this in such a way that fits any given situation. I mentioned the other day that Joellyn went up to the Best Friends Animal Sanctuary with a couple of her dog-lady friends. Sticking only to the pertinent details a friend a friend of Joellyn’s is in her mid-60s and does copy-writing for the sanctuary. She lives up near the sanctuary but is moving, coincidentally, to Prescott and can continue to do the job via telecommute. Presumably she has some knowledge of animals and writing which makes this a good fit for her. Not knowing this person at all it is safe to assume that she will be able to do the work for quite a while. Obviously it doesn’t pay $10,000 a month but it does provide benefits so it putting this in your terms how much would you need to make to relieve your portfolio’s burden? And how much more would that be worth in exchange for benefits? If something that was in your wheelhouse (you can do it and enjoy it) paid just $10 per hour for 25 hours a week and your portfolio need was $4000-$5000 per month then I would submit that the $1000 in this example would be huge. Even if you needed $10,000 a month the job in this example is helpful....

Tuesday Tidbits

In case you missed it the Emerging Market Sector Funds have started to come out, you can check the EGShares website for the particulars. I did a favorable write for theStreet.com that should be out today about the first two funds that are actually trading; the energy fund (EEO) and the materials fund EMT. I did a generally negative write up about what will be the financial fund which should have symbol EFN yesterday on GreenFaucet. The website has the info for all the funds (including the ones that have not listed yet) which provides a great chance to look under the hood. There is generally a lot of BRIC and South Africa exposure in the funds. Some funds will be more useful than others but generally they will be useful for adding emerging volatility in for various sectors for people that do not want to pick stocks. Being able to narrowly manage volatility in this way is a big deal for people willing to learn about this. One criticism of the current rally that started in March is the extent to which low quality and small cap stocks seem to be leading. The reason for the criticism is that because it is low quality and small cap that are leading it means that much of the rally is from short covering. David Rosenberg has been writing along these lines of late. It may be so that the rally is being driven by short covering but generally speaking it is small cap and the like that lead off the real bottom. This is more of a how the market...

Tuesday Tidbits

In case you missed it the Emerging Market Sector Funds have started to come out, you can check the EGShares website for the particulars. I did a favorable write for theStreet.com that should be out today about the first two funds that are actually trading; the energy fund (EEO) and the materials fund EMT. I did a generally negative write up about what will be the financial fund which should have symbol EFN yesterday on GreenFaucet. The website has the info for all the funds (including the ones that have not listed yet) which provides a great chance to look under the hood. There is generally a lot of BRIC and South Africa exposure in the funds. Some funds will be more useful than others but generally they will be useful for adding emerging volatility in for various sectors for people that do not want to pick stocks. Being able to narrowly manage volatility in this way is a big deal for people willing to learn about this. One criticism of the current rally that started in March is the extent to which low quality and small cap stocks seem to be leading. The reason for the criticism is that because it is low quality and small cap that are leading it means that much of the rally is from short covering. David Rosenberg has been writing along these lines of late. It may be so that the rally is being driven by short covering but generally speaking it is small cap and the like that lead off the real bottom. This is more of a how the market...