Marc Faber Track Record

His market advice since 2000 is quite accurate.Faber predicted the rise of oil, precious metals, other commodities, emerging markets and especially China in his book Tomorrow’s Gold: Asia’s Age of Discovery. He also correctly predicted the slide of the U.S. dollar since 2002 and the 5/06 and 2/07 mini-corrections.

Marc Faber Investment Advice & Investment Tips

1. Don’t confuse luck with insight – Faber is famous for advising his clients to get out of the stock market one week before the October 1987 crash. However Faber said that this prediction was “accidental”.
2. Market Timing is very difficult
3. There is no value in US bonds – His current tag-line is: ‘buy a $100 US bond and frame it to teach your children about inflation by watching the US bond value diminish to almost nothing over the next 20 years.
4. Buy gold and other metals – He has said that investors should consider holding part of their wealth in the form of precious metals “because they can be carried”.
5. Faber believes there are few value investments available, except for farmland and real estate in some emerging markets like Russia, Paraguay, and Uruguay

Marc Faber Investment Advice & Investment Tips is a post from: Daily Investment Tips

I like the following websites for investment advice. They are parked with information that I use to better understand the markets.

Businessweek Online.

I have been a subscriber since I first opened my good old yahoo email account. I have never been disappointed. The recent merger with bloomberg will only make them stronger.

UK Financial Times Online.

To access the full articles you need you need to be a paid up member. They have free account that limits you to read 10 articles a month. But they will send you headlines of all top business news.

Wallstreet Journal Online.

The biggest business publication in the world. With such a large financial support you can be assured they will find business information that matters.

Yahoo Finance.

The beauty of Yahoo Finance is syndicated feed they run on the site. They have articles written from top finance blogs.

Google Finance.

This is not a single site but an aggregator of business news. They have fabulous charts that can help you track trends over a period of time.

Best Investment Advice Sites is a post from: Daily Investment Tips

Warren Buffett said this week that investors that are buying bonds at current yields are “making a mistake,” offering the following investment advice on asset allocation:

“It’s quite clear that stocks are cheaper than bonds,” Buffett said. “I can’t imagine anyone having bonds in their portfolio when they can own equities, a diversified group of equities.”

Warren Buffet Investment Recommendation For October 2010 is a post from: Daily Investment Tips

We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful. By Warren Buffet

By greedy he means when the market is in a bull frenzy and every Tom, Dick and Harry is buying stock. When everyone is buying prices tend to go well above their true value and that is when a smart investor should be thinking of selling.

Warren Buffet On Best Time to Sell Stocks : Shares is a post from: Daily Investment Tips