I wanted to let you all know that a few days ago I spent $49 to get the "Safe Money Report" from Weiss Research. The purchase also included: Money and Markets, MAM Weekly Addition, The Safe Money Gold Strategy, Weiss Portfolio Defender, The Great American Apocalypse of 2011-2012, SMR Welcome Package, Safe Money Video Library, and Weiss List: Strongest Banks and Thrifts in the U.S..
I must admit that I can get sucked into infomercials. PBS pledge week has drawn me in several times; not that I regretted any of the things that I purchased from them. Also, Carlton Sheets made great points for his "No Money Down" system at 12 a.m. in the early morning. Although, over 10 years later, I have yet to buy a rental property. I can not say that I didn't learn anything from the "No Money Down" plan, just that I didn't use the information to the best of its ability.
But I digress.....
The Weiss Research company asks that people who republish their work give attribution to the author(s) and include the following information:
"This investment news is brought to you by Money and Markets. Money and Markets is a free daily investment newsletter from Martin D. Weiss and Weiss Research analysts offering the latest investing news and financial insights for the stock market, including tips and advice on investing in gold, energy and oil. Dr. Weiss is a leader in the fields of investing, interest rates, financial safety and economic forecasting. To view archives or subscribe, visit http://www.moneyandmarkets.com."
If I think something is important for you to know, I will try to fill you in.
For example, Mike Larson sent a file titled "What to Buy (or Sell) First". In it he recommended buying 200 shares of the ProShares Short Financials (SEF) at the market, buying 100 shares of the Short S&P 500 ProShares (SH) at the market, and avoiding long-term bonds; particularly Treasuries. The first two recommendations are inverse ETFs. They go up when the corresponding index declines. He based this recommendation on a $100,000 portfolio, and said to adjust the number of shares you buy to best fit your situation.
A year or so ago, I read in one of Money and Markets free articles that people should avoid long-term Treasuries. This was probably around the time of the crash. So, I moved my IRA funds into PRTXX-U.S. Treasury Money Fund; which invests in short-term Treasuries. I have not made a lot with the money in it, but I also have not lost it either. This is my safety money, and I don't want to lose it.
As always, do your own research.
Hello E.J,
ReplyDeleteIs there any way that you can share what you bought from Weiss Research? Specifically, can you send me the following items for evaluation? I promise that I will share with you my thoughts on their recommendations. I don't want to risk giving them my personal information. I look forward to your response.
Money and Markets
MAM Weekly Addition
The Safe Money Gold Strategy
Weiss Portfolio Defender
The Great American Apocalypse of 2011-2012
Weiss List: Strongest Banks and Thrifts in the U.S.