Wikinvest Wire
Saturday, September 03, 2005
Fox Business Block
Fox News had hurricane coverage on instead of the Business Block. If you don't know, those shows usually repeat, or in this case first run, overnight on Sunday. The on screen guide for Directv says they will be on if you want to Tivo them. FYI.
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2 comments:
Riskgrades, Quantumonline.com and Trustinvestor.com are all sites have used for two years to my great advantage. I have gone from a consistantly losing or barely profitable investor to a usually profitable investor by reading your site and Trustinvestor.com every day and checking the other two at every investment point. Trust Intelligence is new, but is another great one to read if you are interested in energy topics.
Thank you again for your work.!!!
PS I am trying to understand your recommendation for the Icelandic bank. It looks as though you can have savings accounts paying 5% ther, but I am not sure what investments you said offered that were best. I haven't studied their (ICE) currency patterns. I did pretty well using New Zealand's 5 1/2 % cds at EverBank, however, and now have AUD and GBP. I wish there was an etf or cef that used these currencies to offset the dollar decline and pay interest on a basket. There are those bear dollar funds, but I hate funds and have vowed not to invest in them unless all else fails.
A few monhs ago I wrote about Iceland as a possible investment destination. The market up there is been in a bull market. The bank I was talking about was a place to open an account for those that wish to access Iceland. The stock market is heavy in financials and fisheries. It also has timber. It seems like a lot of the companies are not very cyclical which could mean it cintinues to have a low correlation to the US. There is one local ETF plus all the stocks of that market.
In order for US investors to access it they need to open an account at an Icelandic bank. I would not say I reccommended anything per se but I would say I tried to create awareness. thank you
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