Skip to Content

Tag Archives: Cisco Systems

August 2004 Issue

In this month’s visit, I’ll show you how to fatten your portfolio regardless of who wins. Hint: Both candidates will grapple with the same set of economic challenges in 2005, so you can make a tidy fortune if you understand what those are (and how they’re likely to be dealt with). We’re already preparing for the road ahead by pocketing profits of more than 90% on our small-cap stocks while shifting cash into bonds, high-yielding blue chip stocks and even a low-risk “hedge fund.”

ARE THE CLOUDS PARTING?

Yes, but slowly. Yesterday’s sharp intraday reversal (to the upside) probably marks a significant low for stocks. But it may take another couple of days for a strong rally to kick in.

THAT OLD WALL OF WORRY

They’re building it up again, brick by brick! On Wall Street, it’s said that “a bull market climbs a wall of worry.” For a while in January, I was concerned that the wall might come tumbling down. Fueled by 2003’s huge stock market gains, investor sentiment was bordering on euphoria.