Inside the Meltdown « plumbreport.com

Video Review:

May, 2009

Inside the Meltdown

One of the best videos I have seen about the financial crisis is a one-hour documentary put together by PBS. In it, the commentators AND THE PARTICIPANTS describe just how close our economy came to collapsing. I found the description of the September 18, 2008 private meeting between Treasury Secretary Paulson, Fed Chairman Bernanke and the astonished leadership of the U.S. Congress especially chilling. Two quotes in particular stood out. From Paulson: “Unless you act, the financial system of this country and the world will melt down in a matter of days.” And from Bernanke: “If we don’t do this tomorrow, we won’t have an economy on Monday.” It’s really quite a remarkable video: Inside the Meltdown

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Article Review:
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Video Review:
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Plumb's Guide to Investing

Over the years, many people have asked me for investment advice. This section is my answer to the question, “Chip, what are you doing with your portfolio?” It details the portfolio I use to implement my investment strategy— the Plumb Performance Portfolio©

Plumb Performance Portfolio

Further details and return history about the Plumb Performance Portfolio.

Questions & Answers

May, 2011
Q: Can you comment on building positions within the PPP?
June, 2010
Q: How does the gold/silver ratio impact your allocation?
April, 2010
Q: How important is it to adjust my allocations monthly?
January, 2010
Q: What about individual TIPS vs. a TIPS fund?
November, 2009
Q: Do you see REITs as totally miserable?

“...an investor who proposes to ignore near-term market fluctuations needs great resources for safety and must not operate on so large a scale, if at all, with borrowed money. Finally, it is the long-term investor, he who promotes the public interest, who will in practice come in for the most criticism, wherever investment funds are managed by committee or boards or banks. For it is the essence of his behavior that he should be eccentric, unconventional and rash in the eyes of average opinion. If he is successful, that will only confirm the general belief in his rashness, and if in the short run he is unsuccessful, which is very likely, he will not receive much mercy. Worldly wisdom teaches that it is better for reputation to fail conventionally than to succeed unconventionally.”

– Lord John Maynard Keynes

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The opinions as to portfolio allocation and specific investment vehicles contained herein are solely the opinions of the author and are not intended to be specific recommendations which would be suitable for every investor. The suitability of any specific investment or recommendation is dependent upon many subjective factors and characteristics of the individual investor including, but not limited to, particular investment objectives, risk tolerance, investment horizon or timeline, net worth, overall portfolio allocation and income needs. Specific investments may be suitable for some investors and yet unsuitable for others due to different needs and objectives. All readers should carefully consider their individual objectives and needs and should consult with their investment and financial advisor as to the suitability of any particular investment. The author specifically disclaims any liability or responsibility for any losses, which may result from any investment or allocation referenced herein.

Inside the Meltdown

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