
|
|
|
Every
finance tool you'll ever
need
|
|
|
 |
|
|
 |
|
 |
|
Finance
Top Picks |
|
 |
|
1001 Ways To Save Grow Invest Your Money |
|
|
Powerful fast-paced guide for all investors. |
|
See similar finance tools |
|
 |
|
SMSF |
|
|
The first dedicated publication for professionals advising on self managed superannuation funds, whether they are accountants, lawyers or advisers. The magazine aims to cover the realm of issues confronting the industry with news, features and regular con |
|
See similar finance tools |
|
 |
|
Australian Property Investor |
|
|
Planning to buy a home or investment property? Find out where's hot and where's not with Australia's monthly magazine for home buyers and property investors. Contents include hot suburbs, market commentary, median house price and rental statistics, tips, |
|
See similar finance tools |
|
 |
|
Your Trading Edge |
|
|
Your Trading Edge magazine is the definitive magazine in the Asia/Pacific region for traders in futures, options, forex, stocks & commodities. We are not a business journal or a 'tipster' magazine, but an educational tool for the professional trader/inves |
|
See similar finance tools |
|
 |
|
Womens Money Magazine |
|
|
Women's Money Magazine is Australia's only publication created specifically to empower women to better understand and manage their financial future. Each issue features topical and relevant articles under the following broad headings: family and relations |
|
See similar finance tools |
|
|
|
 |
|
|
|
|
Dow 100,000?
By: Dr. Scott Brown, Ph.D.
I recently wrote an article where I mentioned the economic fact that nothing in
the perceptual world has in itself any value whatsoever. The only reason
anything in your world has value is because you believe it so AND so does at
least one other person. Collective agreement is the only reason anything in our
world has value.
On a deeper level you could say that the only reason our perceptual world even
exists is because all of our minds agree it is so. Think about this for a
moment. When you were born a group of other minds constantly persuaded you to
think in a consistent manner so that in gradual agreement your mind assigned a
symbol to every object you were shown how to perceive.
Your entire language, family history, and socialization was something
continually taught to you in one way or another over the formative years of your
life. If you had been born into a different family or even a different species
like dogs (I am a dog lover) the way you assemble the world in your mind and
thus your very perception of everything would be entirely different.
This impacts you as a stock investor. In my recent article “How To See The Stock
Market Correctly!” I mentioned that this collective agreement process also
dictates the values we assign to all goods and services in our economy. If our
perception changes regarding a good or service then its corresponding value will
change. It is human perception that creates value and not resources in our
modern world.
Think about this a moment. It is the perception focused productive efforts of
everyone in society that allows you to flush a toilet in the morning, brush your
teeth, drive down a well maintained road to work, and live and work with roof
over your head. It is the productive efforts of all of us that transform the
stuff that appears to be out there.
I am constantly hearing and reading these days economic mumbo jumbo about
secular bear stock markets for all sorts of macro reasons. I simply remind my
friends and colleagues when I hear or read such nonsense that macro economics is
the most dismal of sciences due to poor data. It is like fortune telling without
a cheap crystal ball. But there is a phenomena occurring that people are not
paying much attention to that is very likely to have an enormous impact on our
world economy and hence our stock markets this century.
People seem to have forgotten that the Soviet Union has collapsed The Soviet
Union’s total population as of its final census, in January 1989, was
286,717,000 people. Think about this; over a quarter of a million minds and
bodies have been added to the collective production pool!
This tells me as a financial economist that with such a large addition of human
capital to the collective work pool the world economy can only expand. That
means more quality goods and services for us in the United States. It also means
more quality goods and services for them which are larger export markets for us.
The recent opening of vast pools of human capital world wide I believe is
creating the most striking economic expansion in world history this century. For
this reason I firmly believe we will enter the largest bull market in world
history this century and that the Dow will eventually hit 100,000. I am not only
“bullish on America” I am “bullish on the world!”
About the Author:
Dr. Scott Brown, Ph.D. a.k.a. “The Wallet Doctor” holds a doctorate in finance
and can teach you how saving the daily price of a cup of coffee at Starbucks can
make you a millionaire in the stock market through long term stock investing.
Dr. Brown's website is: www.walletdoctor.com/. |
|
|
|
|
 |
 |