2007 October » Investment Postcards from Cape Town

Archive for October, 2007

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Tuesday, October 9th, 2007

The twelve days of crisis

Isn’t it quite amazing how, with the right spin, even the grimmest of situations usually offer some entertainment value? The credit squeeze was no exception. Hat tip to David Fuller for pointing out this delightful poem by Tim Price of UK-based PFP Wealth Management.
On the first day of Crisis the markets sold to me
a sub-prime bankruptcy.
On […]

No Comments » - Posted in Markets, Money, Investment, Humor, Finance, Economy by Prieur du Plessis

Sunday, October 7th, 2007

Words from the wise for the week that was (Oct 1 to 7, 2007)

” … the mega third phase of this bull market lies ahead. It may take into next year, but it’s a’comin’,” said an upbeat Richard Russell from an otherwise somber La Jolla in the aftermath of the landslide.
Before highlighting this and some other memorable quotes from market wizards during the past week, let’s briefly review […]

5 Comments » - Posted in Markets, Investment, Money, Oil, Wall Street, Stocks, Housing, Gold, Commodities, Business, Currencies, Economy, Finance, Equities, Bonds by Prieur du Plessis

Saturday, October 6th, 2007

Let’s meet up in Big Apple or New Orleans

I will be visiting New York City on October 19 and 20, 2007 and New Orleans from October 21 to 24, 2007. There are still a few gaps on my itinerary for those wishing to discuss global financial markets, financial blogging or, for that matter, any money-making ideas.
G. Randolf said: “Truly great friends are hard […]

1 Comment » - Posted in Travel, Investment by Prieur du Plessis

Friday, October 5th, 2007

We are the champions …

When I started writing this blog earlier this year, I made a deliberate decision to post only investment articles of an international nature as opposed to South African (i.e. home-based) stories. And over the past five months I have slavishly abided by my self-imposed rule.
But no longer. The rule is about to be broken, albeit […]

5 Comments » - Posted in Humor, South Africa by Prieur du Plessis

Thursday, October 4th, 2007

Are global stock markets on steroids? (performance round-up – Sept 30, 2007)

A credit squeeze … financial market turmoil … declining stock markets … recessionary threats … A fait accompli, or so many market participants “logically” reasoned at crunch time in July / August.
Ah, but have things turned out so differently, at least for the moment? “Look what they’ve done to my song, ma … and they […]

2 Comments » - Posted in Markets, Money, Stocks, Investment, Finance, Economy, Equities, Business by Prieur du Plessis

Thursday, October 4th, 2007

Your house as seen by …

While most people are gripped by anxiety at the mere thought of the downward spiral of the US housing market, pause for a moment and reflect on the cartoon below, courtesy of Rob Fraim. Your house may not necessarily be what it seems to you. Your lender, potential buyer, appraiser or tax assessor may have […]