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Monday, January 19, 2009

Email Question Podcast for January 19, 2009

"Then, enough of that." A stride to the Prime Radiant, and the walls were blank again save for the ordinary room-lighting region along the upper borders. "Sit down here at my desk, and let me talk to you. It is enough for a Psychohistorian, as such, to know his biostatistics and his Neurochemical Electromathematics. But a Speaker must be able to discuss the Plan without mathematics." - First Speaker, Second Foundation by Isaac Asimov

I’ve taken to the habit of cleaning out my email inbox of questions that I’ve received during the week on Monday’s; via a podcast.

This week, the questions range from areas such as a stocks on my investment watchlist, mentoring (and a little annoucement on that route), transferring stocks between brokers, and the velocity of money vs. leakages …

(Podcast Included. If you're seeing this entry elsewhere and cannot play the podcast? Click This Link to go to the exact podcast entry ...)

Click here to download this podcast.

In short, I believe it's time we take our medicine. The velocity of money will slow down as the recession worsens. You can view this one of two ways. Catastrophic (which is what many central planners believe), or you can try to look at this as a means by which the economy is trying to heal itself. The invisible hand is trying to direct ones to rebuild their savings accounts. To pay off any extra debt, and not accumulate any more. To spend less.

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Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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