fabian
Written by David, December 09th, 2010
Hello and happy holidays!
Now that we’ve entered the final month of what has been a very volatile, and extremely eventful, year in the financial markets, I thought it would be an appropriate time to start thinking about the best way to get ready for what I suspect will be both a challenging and rewarding year ahead in the equity markets. But rather than giving you a predictive outlook on what’s likely to happen in 2011, I want to take a step back and look at perhaps the biggest lesson investors should have learned this year.
You see, so many market participants got caught up in the wild ride that was the stock market in 2010. They chased performance after the big gains were already made, and they sold right after stocks had already tanked. This is what I call being reactive to the market, and it’s most-definitely not the rational way to manage your serious money.
In speaking with literally thousands of investors this year, I’ve come away with the sense that many have become needlessly frustrated with the performance of their stock and bond portfolios. Certainly, I understand this frustration, as it’s been a tough year of riding this market’s choppy waves.
So, to provide you with a little sense of calm this holiday season, I want to offer you what I think is one of the best holiday presents you can give yourself—a complimentary second opinion on your investment portfolio.
As the year winds down, right now is an excellent time to have a professional take a second look at your holdings. The team here at Fabian Wealth Strategies will provide you with a complimentary portfolio review that includes a comprehensive assessment of your investment goals, along with a full analysis of all the securities in your portfolio.
Contact us today for a brief introduction, and we’ll schedule you for your complimentary portfolio review. This offer is available for households with $250,000 or more in their investment portfolios. You can call our offices direct at (800) 391-1118, or you can register online at www.fabianwealth.com.
Here’s to a very happy, healthy and wealthy holiday season.
Sincerely,
Doug Fabian
President, Fabian Wealth Strategies
Fabian Wealth Strategies, Inc. is a registered investment advisor with the U.S. Securities and Exchange Commission. Doug Fabian is a registered investment advisor representative. Consider the risks, fees, and expenses before making any change to your investment portfolio.
Written by David, September 01st, 2010
No doubt you have been reading the negative news on the economy. How can you not, it’s everywhere!
We just witnessed a slowdown in economic growth, and recently we saw second-quarter GDP revised downward. No doubt you have seen the downbeat news on the housing front, as overall sales and home prices are ounce again headed south. No doubt you’ve been talking to friends who are worried about the falling value of their stock portfolios, and about the direction our country is headed. And there is likely no doubt that you have your own concerns about what to do with your investment nest egg.
Well, I have good news for you! In my opinion, the world is NOT coming to an end. America will not slip back into a recession anytime soon, and a big Congressional victory by conservatives in November could set us up for a fantastic buying opportunity—if you know where to invest your money.
Throughout most of this year, I have been warning investors about the risks of owning mutual funds and about the mindless strategy of buy and hold that most stockbrokers and advisors constantly advocate. Throughout most of 2010, the best strategy has been a high cash position combined with a healthy dose of patience. Now, however, my research is pointing to opportunity.
Taking advantage of this opportunity is easy. All you have to do is join me for an informative teleseminar on Saturday, September 11, at 12:00 p.m. Pacific Time. I’m calling this seminar “The Next Big Opportunity: High Yield.”
As the title suggests, we believe there is a HUGE opportunity coming for investors seeking high-yield investments. High-yield investing comes with its own set of risks and rewards, and we’ll be focusing on these risks and rewards in this teleseminar. If you’re an investor who wants to increase the income generated from your assets, then you’ll want to join me on Saturday, September 11, at noon Pacific Time.
During this one-hour teleseminar, I will share with you these key points:
- How to build a high-yield portfolio fit for these chaotic economic times
- Which high-yield securities are appropriate for your portfolio
- How you can plan for, and protect yourself from, the bubble now forming in bonds
- How stocks are likely to perform in a slow-growth economy
In addition, you’ll also receive my complete High-Yield Watch List.
Our previous teleseminars have been very popular with radio show listeners, newsletter subscribers and Fabian Wealth Strategies clients. For this seminar we have room for just 800 attendees. This event is absolutely FREE if you attend on Saturday, September 11, at 12 p.m. Pacific Time. There will be a nominal change for listening to the replay of this event, so make sure you register for the live event by right now by clicking here.
Written by David, July 21st, 2010
It’s summer, and the weather is heating up all across America. To cool off, many people will pour themselves a tall glass of ice-cold lemonade. Hey, I think it’s fine if your lemons get squeezed into lemonade, but what isn’t fine is if you have lemons in your investment portfolio.
The lemons I’m talking about here are underperforming mutual funds, funds that have earned a spot on the infamous Mutual Fund Lemon List, the list of the worst-performing mutual funds. To be classified as a lemon, the fund must pass strict screening criteria: it must underperform its peer group average for the last 12 months, as well as for the last three and five year periods.
This quarter’s Lemon List includes 1,584 mutual funds totaling $715 billion in assets, and if one of the funds you own is on the list, you need to squeeze that lemon from your holdings.
To see the latest edition of the Lemon List, and to get your FREE update each quarter, just go to the Mutual Fund Lemon List website today.
Hey, all you have to lose is that sour taste in your portfolio.
Written by David, July 21st, 2010
Earlier today, President Obama signed into law the Dodd-Frank financial overhaul bill. The new law, commonly known as FinReg, is designed to protect the public from financial malfeasance on the part of financial institutions. Ostensibly, the bill deals with macro concepts such as “systemic risk” and “too big to fail.” Yet I am willing to bet that most investors don’t think the new FinReg will affect their portfolios in any substantive way.
Yet as a brilliant article in today’s Wall Street Journal points out, if you thought FinReg has no bearing on your money, then think again.
In this most-excellent piece, written by reporter Eleanor Laise, you’ll find details on the myriad ways the new regulations could affect your investment accounts. Some of the ways the new legislation affects investors is positive, and others are negative.
For example, the legislation could make brokers more accountable to their clients, which is a good thing. However, the new FinRegs may put the kybosh on many financial instruments commonly found in 401(k)s, hedge funds and even regular margin accounts that are used at nearly every brokerage.
The bottom line here is that if you thought FinReg was solely about keeping tighter reins on the big financial horses, then you had better reevaluate that assessment. Even you, the little investor pony, will feel the reverberations from the nearly 800-pages of new regulations.
I strongly recommend you read this article, as it goes into great detail about just how extensive these new regulations really are.
Written by David, June 30th, 2010
Join me Saturday, July 10, at 12:00 p.m. (noon) Pacific Standard Time, for a FREE discussion of the rapidly changing 2010 financial markets. In this teleseminar, “Mid-Year Review and Market Outlook,” I will be speaking about how you should position your portfolio for what promises to be a tumultuous second half of 2010.
As you’ve likely noticed, things are not going well with the stock market. We saw stocks fall below their long-term moving average in May, an event that hasn’t happened since January 2008. The major indices now are firmly in negative territory for the year, and many investors are looking for new safety-first strategies to protect their wealth.
During this one-hour teleseminar, I will share with you these key points:
- A recap of the financial markets in the first half of 2010. What’s worked, and what hasn’t.
- How to read the price trends in the markets, and what they’re telling us.
- What investment themes I believe represent the best opportunities in the second half of 2010.
- A glimpse of my ETF watch list for the rest of the year.
- Most importantly – how to evaluate your current investment positions so that you don’t get hurt again.
All teleseminar registered participants will receive a valuable handout ahead of time outlining the key topics. To join me for this timely discussion on Saturday, July 10, please register today and make sure you reserve your place. This FREE, one-hour teleseminar will be limited to the first 800 registrants. Judging by our last three record-setting teleseminars, we will reach capacity quickly. Take advantage of this opportunity and reserve your spot today!
Sincerely,
Doug Fabian, President
Fabian Wealth Strategies
————————————–
Fabian Wealth Strategies, Inc. is a registered investment advisor with the U.S. Securities and Exchange Commission. Doug Fabian is a registered investment advisor representative. The information expressed in this seminar is for educational purposes only and should not be construed as a recommendation to buy, sell, or hold any specific security. Consider the risks, fees, and expenses before making any change to your investment portfolio.
Written by David, June 09th, 2010
I recently read an article in The Wall Street Journal that proffered the theory that there are seven reasons why investors shouldn’t dump international equity funds. Some of the key points in the article are that the euro has already fallen way off its highs, and therefore cannot go down much more. The piece also argues that Europe will maintain its common currency, and that a weaker euro will bolster exports, which is good for European-based companies.
I think there is one huge reason why you should dump these funds, and that is the Fabian Plan recently issued an international equity sell signal. But I thought that I would reply to this article directly, and address some of the common misperceptions about why things are going to be okay with international equities going forward. So, here are my seven reasons why you should dump your international equity funds.
Reason 1) The U.S. dollar is in a strong uptrend vs. the euro and other rival currencies. If the euro continues flailing, the flight of capital out of the eurozone will continue pounding stocks, and by extension your international equity funds.
Reason 2) Europe is cutting spending, and her economies are floundering in a no-growth soup of their own making. One reason why stocks in Europe are falling is due to a coming recession precipitated by the painful debt situation in Greece, Portugal and Spain. Simply put, the age of austerity is coming to all of Europe.
Reason 3) Europe has a huge debt problem. They have too many social programs, and they’ve made too many fiscal promises. Somewhere in Europe there is going to be a massive debt default, and/or the servicing of existing debt will become such a burden that economic growth becomes virtually non-existent.
Reason 4) Mutual fund managers stay fully invested in down markets (they have to by charter), and that means they cannot manage risk. This holds true for international fund managers, who are essentially obligated to go down with the ship regardless of market conditions.
Reason 5) Nearly every major broad-based international mutual fund now trades well below its respective long-term moving average. The Dow Jones World Stock Index also trades below its 200-day moving average, meaning that continue risk is high, and a new international bear market is on the precipice of becoming reality.
Reason 6) The slowing in the eurozone nations could begin threatening global economic growth, and it could even cause a double-dip recession. China has already voiced concerns that its largest trading region is slowing rapidly, and this could be the economic “contagion” that many investors and economist fear.
Reason 7) Europe is raising taxes. From Greece to the UK, eurozone governments are trying to raise revenues in order to salvage their social programs and to service their debt. What’s really scary is that Europe could be a proxy for the U.S. in years to come.
These are just my top seven reasons why you should dump international equity funds, but the list is by no means complete. Suffice it to say I am an international equity fund bear right now, so please don’t fall for the rosy proclamations in the financial press.
The worst is yet to come for Europe, and that means there will likely be much more pain in international stocks going forward.
If you’d like to find out more about the Fabian Plan and how it generates buy and sell signals that have beat the market for over three decades, then I invite you to click on my latest presentation.
Written by David, June 04th, 2010
Two weeks ago I sent you an update on the financial markets concerning the cross of the S&P 500 Index below the 200-day average. This is what’s known as a “sell signal” within the parameters of the Fabian Plan. As a follow-up to that message I have created a brief 10 minute powerpoint presentation that I would like to share with you.
Click here to view this presentation.
I think that you will find this information to be both timely and helpful in managing your portfolio over the rest of 2010. At Fabian Wealth Strategies our number one goal is to help you protect and grow the assets you have worked so to hard to accumulate.
If you would like to meet with me for a free second opinion on your assets, please call our offices at 800-391-1118 to setup a consultation.
Sincerely,
Doug Fabian
President, Fabian Wealth Strategies &
Host, Doug Fabian’s Wealth Strategies Radio Show
Written by David, May 19th, 2010
Listen to my latest audio special report recorded on Saturday, May 15,2010. In this seminar, Sound Fixed-Income Strategies in an Uncertain World, I outline the conservative fixed-income strategies that I am implementing during this time of unprecedented financial challenges.
No doubt you’ve been following the news of late in Europe. The continent is facing a crisis in terms of its debt, currency and financial stability. The Euro has fallen over 10% so far this year, while short-term interest rates in some countries have risen to over 20%. Countries such as Spain, Greece, and Portugal have all had their credit ratings cut and face debt ridden economies.
I’ve been forecasting for months that the problems in Europe would spill over into U.S. investor portfolios and that is what’s happening right now.
Five key points you’ll learn in this seminar are:
- How does the crisis in Europe affect your stocks and mutual funds and what should you do now?
- What will be the next big move in interest rates and our economy?
- What fixed-income investments should be avoided right now?
- What are the right fixed-income strategies for the current market environment?
- My outlook for the U.S. stock market and equity markets around the world.
Due to the enormous demand for our teleseminar series and the expanded resources required to provide this premium content, the one-time cost to download this one hour audio recording and 6-page handout is $9.95.
To download the seminar please click here.
Please note: The MP3 audio file and PDF of the handout will be immediately available for download after purchasing the content. Links to the files are delivered electronically to you via email. An MP3 or Windows Media Player is required to listen to the audio. Adobe Acrobat Reader is required to open the handout. This content is not affiliated with any of Doug Fabian’s newsletters or trading services.
Written by David, May 07th, 2010
Join me on Saturday, May 15, at 12:00 p.m. (noon) Pacific Standard Time, for a FREE discussion of the rapidly change financial markets in 2010. In this teleseminar, Sound Fixed-Income Strategies in an Uncertain World, I will be speaking about conservative fixed-income strategies that I am implementing during this time of unprecedented financial challenges.
No doubt you’ve been following the news of late in Europe. The continent is facing a crisis in terms of its debt, currency and financial stability. The Euro has fallen over 10% so far this year, while short-term interest rates in some countries have risen to over 20%. Countries such as Spain, Greece, and Portugal have all had their credit ratings cut and face debt ridden economies.
Trepidation rising: While watching the reports from the media, many investors are thinking…
- How does this affect my investment portfolio?
- What does this mean for the US economy?
- What about our debt problems and lack of confidence in our own government?
I’ve been forecasting for months that the problems in Europe would spill over into U.S. investor portfolios and that is what’s happening right now.
Five key points you’ll learn in this seminar are:
- How does the crisis in Europe affect your stocks and mutual funds and what should you do now?
- What will be the next big move in interest rates and our economy?
- What fixed-income investments should be avoided right now?
- What are the right fixed-income strategies for the current market environment?
- My outlook for the U.S. stock market and equity markets around the world.
All conference call registered participants will receive a valuable handout ahead of time that outlines these key topics. To join me for this timely discussion on May 15th, please register today to reserve your place. This FREE, one-hour teleconference will be limited to the first 800 registered. Judging by our last two record-setting teleconferences, we will reach capacity quickly. Take advantage of this opportunity and reserve your spot today.
Written by David, March 24th, 2010
Senate Banking Committee Chairman Christopher Dodd (D-Conn.) has been all over the media lately with his plans to impose new regulation on the financial industry. One of the proposed changes to the current body of regulatory law includes the potential of designating brokers and other financial advisers as fiduciaries.
Now, you may have already thought that your broker or advisor was a fiduciary, which means just means they are required by law required to act in your best financial interest. Well, if you thought that, you’d be wrong. Most brokers and financial advisors are not bound by a fiduciary responsibility to protect your money.
The only kinds of advisors that are bound by fiduciary rules are registered investment advisers, or RIAs, and certified financial planners.
My firm, Fabian Wealth Strategies, is a registered investment adviser that knows and respects the fiduciary relationship we have with our clients. In fact, the requirement that we steward your money with the utmost caution and care fits eminently well with our personal charter to preserve and protect your capital.
I don’t think Sen. Dodd’s proposal to make all brokers and financial advisors fiduciaries will end up in the final version of financial regulatory reform. The Wall Street lobby is too powerful to let that happen. You see, the big brokerage firms really don’t want to be responsible for your money the way a RIA firm is.
I’ll leave it up to you to judge which type of advisory relationship you’d prefer, but let’s just say I know the one I prefer, and that’s the fiduciary responsibility of the RIA.
NOTE: Fabian Wealth Strategies is a SEC registered investment adviser.
