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December 16, 2009 Forward this issue to a Friend
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Michael Brady, President
Generosity Wealth Management
2387 Point of Pines Drive
Boulder, CO  80302

P 303.747.6455
F 858.947.3807
www.generositywealth.com
 

Registered Representative of and securities offered through QA3 Financial, Corp.  Member FINRA/SIPC
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Greetings!

This week humility is on my mind. 

I look back at the past 19 years I've been in the wealth management business and whenever hubris is run amok, danger follows.  For long term success, humility is an attribute that separates the lucky from the skillful.

Click on the link to hear me talk
Too Few Bears

Too Few Bears
I tend to be a contrarian at heart, and if you've been reading my newsletter diligently, you know I have concerns about the market.  Yes, it's gone up and this fact has left a lot of analysts completely confused.  Now, the problem is that most  analysts are  bullish when they should be bearish (in my humble opinion).  Read this article and graph to find out how the number of Bears is actually an inverse to the market movement.

 
Rally Apologista's Handbook

Keeping with my theme of humility and too few bears (see above), this article is how to respond and apologize for being a bear in a pretty strong rally the past 6 months.  I find this article funny because this sounds like a conversation I have with some of my fellow investment colleagues on a weekly basis as we're sharing ideas.  Good stuff!

 

Deleveraging Consumer and Economic Growth?

Consumer Credit
We've heard a lot about consumer debt, but how bad is it and where is it today in comparison to the past?  I have some pretty big concerns about consumer and government debt, so I'm one worried guy overall.  We have to either reduce debt significantly or keep it the same and explode GDP. 



Detroit Sad fact of the day
Detroit
I grew up in a suburb north of Detroit, and what devastation has happened to that city and state tears me apart.  Recently the 80,000 seat enclosed Silverdome, built for $55.7 million in 1975 to house the Detroit Lions, sold for $583,000.  Crazy.  This is like Mile High or the Pepsi Center selling for less than $1mm. 

Great people there in the area--let's send them wishes for a better 2010.


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I'm here to help!....

I'd love to talk more with you about the above topics or anyway I can help you grow and preserve your money while providing for yourself, your family, and community.

Mike