Tuesday 4 January 2011

2010 Investing Record the Scores on the Doors

Beat the Stock Market yet again.

FTSE100 UP 9.56%

SP500 UP 11.91%

Trendwinner UP 28.57%

Of course smaller investors who are nimble should be beating the stock markets on a regular basis. Always take an early loss as well to preserve capital.

2011 New Years Predictions - Duck and Cover

Stock market did well in 2010 reaching 9 to 11% given the state of the economy, my guess is the figgin is in the riggin of the markets. With Silver, Gold, Cocoa and Copper all either rigged or cornered the big boys have been flexing their muscles, which arent as big these daze.

Anyway the stock market looks like it could retrace due to a new wave of mortgage defaults as rates reset and unemployment continues to rise. Also the bad debt of the zombie banks has not been cleared and the corrupt are still at large and in control of both governments and banking.

In the UK and Europe 2011 will be marred by riots, strikes and food shortages. Sovereign debt default and the break up of european union cannot be ruled out. Some USA states could go bankrupt as well. So expect another financial crisis even worse than 2008. With some insiders stocking up on food and supplies for 6 months, you should do likewise.