I have listened to hundreds (and maybe thousands) of financial experts and gurus who came on TV and gave you their 2 cents. Some took the low road, they spend their time and energy to help you save pennies here and there.
You might be able to cut corners and make ends meet that way, but you are not going to even come close to securing your future financially. Others volunteer the country to do what is right and that is usually what is right for those who have a say in the matter not you and I. This is practically a broad day light robbery.
Every now and then here someone with comprehensive vision and an objective and honest analysis. So I decided to start this post with a name, Jeffery Sachs from the Earth Institute of Columbia University. If you a republican, please do let the name that might remotely implies doing something right, turn you off. Look him up, he has many great articles and ideas. He also makes regular appearances on TV. Here is a sample of his philosophy. This is a must to everyone talking abut "creating jobs" and supporting corporate America.
I watched Nick Hanauer, a venture capitalist, for the first time on Bloomberg. He said something like: “Rich people don’t create jobs. Our economy creates jobs. And until we return to more reasonable tax policies that help the 99% instead of just the 1%, our economy is going to go nowhere.". I thought to myself, what a wonderful concept. That same day I found his article in which he echos what Buffet was saying about raising taxes on the richer people. I do not support the targeting of the rich; I just want a tax system that makes sense and allows one to achieve their dreams and their financial independence after 20 ro 30 years of working themselves to death.
Greg Peters from Morgan Stanley (not my favorite institution) presented a very cool metric on Feb 29/2012. He appeared on Bloomberg TV and talked about the recent rally in equities (stocks), oil, treasuries and gold at the same time. He say this happened only 5 times during the last 5 years and 3 out of the past 4 times it happened, it was followed by a hard equity correction. I like the idea because it is accessible to the average investor, You do not need any super computers and proprietary algorithms. In addition me mentioned that the market will act differently based on Bernanke testimony today. QE3 will push the market up and operation twist will push it down.
I watched Michael Pento for a long time and today I am adding him to this list. He is the President and founder of Pento Portfolio Strategies. Watch this segment from his appearance in Bloomberg on March 22nd, 2012. There is a ton of information and wisdom in it.