Lately, I’ve been talking a lot about timing the markets and staying disciplined — Refusing to participate in a marketplace where I can’t locate Deep Value plays.
Trust me when I say, it is NOT popular right now to be sitting on the sidelines… Almost everywhere you turn, you will find investors who are preaching dollar cost averaging (DCA), rain or shine, despite any potential headwinds and/or valuation concerns.
The other day, I was on the train and had my iPod on shuffle, and the following commentary came on… I first listened to this podcast earlier this year (back in early February), but I believe the content is just as applicable (if not more so) and valuable today.
Here it is — Seal the Exits!: The Coming Cashless Society | MWC 2016
The McAlvany Weekly Commentary series is one of the best out there, and perhaps even my favorite listen; I always look forward to tuning into a new show, each week… David and Kevin discuss topics and share viewpoints that you’ll never get from the mainstream media.
- For anyone who is into topics such as: precious metals, contrarian thinking, monetary history, Central Banker
policystupidity, and wants to go against the grain, you’ll really appreciate the content found here.
Buy and Hold Forever is all the rage right now in the investing world, but it is NOT the only answer!
The above podcast was a good reminder for me that Deep Value Investing is indeed a viable investment strategy that has proven to work before in the past… Perhaps it feels like the “wrong” thing to do right now, because hardly anyone else is doing it, but rest assured, DVI ain’t nothing new!
The section discussing negative interest rates (near the end) and how it actually encourages saving (and NOT more consumption as the Central Planners all want us to believe), is some good stuff!