Derek Moran



Interesting discussion (while mountain biking) with Tyler Bollhorn
2009.04.07 05:04:44
I just had an interesting discussion with a friend Tyler Bollhorn, a very successful day trader, and the owner of www.stockscores.com .  He was saying that material stocks are likely your best investment these days.  Materials will lead us out of this recession, driving by consumer spending, eventually.

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March 23/09 - Interesting read on the markets fom Wilfred Hahn
2009.03.24 07:29:17

For an informative read, see http://www.hahninvest.com/downloads/hitch/HITCH_2009_1Q_WEB.pdf , an article from Hahn Investment Stewards & Company Inc..  There are many examples arguing that the overall market has bottomed and will see a recovery phase in the next twelve months.

 

Derek Moran

Smarter Financial Planning Ltd.



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My visit to Phoenix Arizona
2009.03.24 04:23:08

I was in Phoenix Arizona for most of the last week and went looking for first hand signs of what is really going on with the economy.  I looked for all the homeless & distressed people who have been foreclosed on. What I found were full shopping malls and restaurants with line ups literally out the door, three nights in a row. 

I also attended the Canuck's game.  The score was miserable, but the arena was sold out.  I was told that there was an NBA game the same night, blocks away.  Even with fans drawn to other events, the place was packed.  Too bad Vancouver got wooped.  Eight dollars for a draught beer and six for popcorn and they couldn't pour and pop fast enough.  Where are the droves of devastated people the media keeps mentioning?

I also spoke at length with Terry Ritchie, a Canada/U.S. cross-border tax expert from www.transitionfinancial.com. , based in Calgary AB and Phoenix AZ.  He is so busy he cannot keep up with the work load.

The media says Phoenix is one of the hardest hit areas, but one certainly wouldn't know it from looking.

 

Derek Moran

Smarter Financial Planning Ltd.



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