Comments on: My hunting trip for a money manager http://www.1stMillionAt33.com/2006/04/my-hunting-trip-for-a-money-manager/ A site to share my tips, tools, and humble thoughts on the journey to wealth Tue, 16 Mar 2010 07:08:55 -0700 http://wordpress.org/?v=2.8.5 hourly 1 By: amo0801 http://www.1stMillionAt33.com/2006/04/my-hunting-trip-for-a-money-manager/comment-page-1/#comment-5350 amo0801 Fri, 24 Jul 2009 04:12:42 +0000 http://www.1stmillionat33.com/2006/04/my-hunting-trip-for-a-money-manager/#comment-5350 If I am interested in having someone manage funds for me to help me build my business how much would I need to start an account and how fast can I expect a return on investment? Do people lend others money to get started? If so how does one go about getting a loan or advertising to get enough funds to invest? If I am interested in having someone manage funds for me to help me build my business how much would I need to start an account and how fast can I expect a return on investment?

Do people lend others money to get started? If so how does one go about getting a loan or advertising to get enough funds to invest?

]]> By: Hogansbridge http://www.1stMillionAt33.com/2006/04/my-hunting-trip-for-a-money-manager/comment-page-1/#comment-4602 Hogansbridge Tue, 23 Sep 2008 12:13:58 +0000 http://www.1stmillionat33.com/2006/04/my-hunting-trip-for-a-money-manager/#comment-4602 Frugal, I agree with the rationale for answers 1,2, and 3. Those are the answers I chose. However, all things being equal, rising domestic interest rates lead to a stronger domestic currency, so that the exchange rate difference could offset the anticipated capital gain. So, if I really believed that foreign stocks were going to go up more than domestic stocks, and my only observation was that domestic interest rates were increasing, I would hedge that foreign investment with a foreign currency put. That way, most of my capital gains would be pure caital gains, not affected by currency fluctuations. Frugal,

I agree with the rationale for answers 1,2, and 3. Those are the answers I chose. However, all things being equal, rising domestic interest rates lead to a stronger domestic currency, so that the exchange rate difference could offset the anticipated capital gain. So, if I really believed that foreign stocks were going to go up more than domestic stocks, and my only observation was that domestic interest rates were increasing, I would hedge that foreign investment with a foreign currency put. That way, most of my capital gains would be pure caital gains, not affected by currency fluctuations.

]]> By: Hogansbridge http://www.1stMillionAt33.com/2006/04/my-hunting-trip-for-a-money-manager/comment-page-1/#comment-4601 Hogansbridge Tue, 23 Sep 2008 12:13:30 +0000 http://www.1stmillionat33.com/2006/04/my-hunting-trip-for-a-money-manager/#comment-4601 Frugal, I agree with the rationale for answers 1,2, and 3. Those are the answers I chose. However, all things being equal, rising domestic interest rates lead to a stronger domestic currency, so that the exchange rate difference could offset the anticipated capital gain. So, if I really believed that foreign stocks were going to go up more than domestic stocks, and my only observation was that domestic interest rates were increasing, I would hedge that foreign investment with a foreign currency put. That way, most of my capital gains would be pure caital gains, not affected by currency fluctuations. Frugal,

I agree with the rationale for answers 1,2, and 3. Those are the answers I chose. However, all things being equal, rising domestic interest rates lead to a stronger domestic currency, so that the exchange rate difference could offset the anticipated capital gain. So, if I really believed that foreign stocks were going to go up more than domestic stocks, and my only observation was that domestic interest rates were increasing, I would hedge that foreign investment with a foreign currency put. That way, most of my capital gains would be pure caital gains, not affected by currency fluctuations.

]]> By: 2million http://www.1stMillionAt33.com/2006/04/my-hunting-trip-for-a-money-manager/comment-page-1/#comment-35 2million Tue, 25 Apr 2006 18:31:13 +0000 http://www.1stmillionat33.com/2006/04/my-hunting-trip-for-a-money-manager/#comment-35 Really I got these right? Haha wow - I am in the wrong career path. I figured I was only getting 1 or 2 right...I always enjoy a good brain exerciser. Looking at my investment returns I dont think these questions will weed out poor money managers :-). Enjoy the blog! Keep it up. Really I got these right? Haha wow – I am in the wrong career path. I figured I was only getting 1 or 2 right…I always enjoy a good brain exerciser.

Looking at my investment returns I dont think these questions will weed out poor money managers :-) .

Enjoy the blog! Keep it up.

]]> By: Kirby on Finance » Blog Archive » The Carnival of Investing! http://www.1stMillionAt33.com/2006/04/my-hunting-trip-for-a-money-manager/comment-page-1/#comment-29 Kirby on Finance » Blog Archive » The Carnival of Investing! Tue, 25 Apr 2006 04:33:43 +0000 http://www.1stmillionat33.com/2006/04/my-hunting-trip-for-a-money-manager/#comment-29 [...] Frugal of My 1st Million at 33 presents, “My Hunting Trip for a Money Manager” where he chronicles his search for a money manager. I hate to offer my opinion on this carnival, but this is a really fantastic overview of the “hunting” process. [...] [...] Frugal of My 1st Million at 33 presents, “My Hunting Trip for a Money Manager” where he chronicles his search for a money manager. I hate to offer my opinion on this carnival, but this is a really fantastic overview of the “hunting” process. [...]

]]> By: frugal http://www.1stMillionAt33.com/2006/04/my-hunting-trip-for-a-money-manager/comment-page-1/#comment-27 frugal Tue, 25 Apr 2006 03:37:03 +0000 http://www.1stmillionat33.com/2006/04/my-hunting-trip-for-a-money-manager/#comment-27 Hi, 2million, I guess I don't need to wait a week to post the correct answers, because you have already posted everything correctly, and with all the right reasoning. See, it wasn't that hard, just some healthy brain exercise. And you're well over-qualified for being a financial advisor. I think these questions are just initially intimidating, only because they are not straight from the textbook, and you cannot google out the answers. By the way, you are so right about your comment on the fourth question which was the "toughest". I think it is possible to answer it opposite but with different argument. It is only the most <em>vague</em> question, but my own reasoning is similar to yours. Overall, I'm <em>extremely</em> impressed with your intelligent answers. I actually learned some of these answers in a very hard way: through losing big money in the stock market. Sometimes you just don't think enough, until you start to lose money and make mistakes. Hi, 2million,
I guess I don’t need to wait a week to post the correct answers, because you have already posted everything correctly, and with all the right reasoning. See, it wasn’t that hard, just some healthy brain exercise. And you’re well over-qualified for being a financial advisor. I think these questions are just initially intimidating, only because they are not straight from the textbook, and you cannot google out the answers. By the way, you are so right about your comment on the fourth question which was the “toughest”. I think it is possible to answer it opposite but with different argument. It is only the most vague question, but my own reasoning is similar to yours. Overall, I’m extremely impressed with your intelligent answers.
I actually learned some of these answers in a very hard way: through losing big money in the stock market. Sometimes you just don’t think enough, until you start to lose money and make mistakes.

]]> By: 2million http://www.1stMillionAt33.com/2006/04/my-hunting-trip-for-a-money-manager/comment-page-1/#comment-25 2million Tue, 25 Apr 2006 01:14:30 +0000 http://www.1stmillionat33.com/2006/04/my-hunting-trip-for-a-money-manager/#comment-25 Ok Ill take a stab, maybe it will show how little I know about investing..... 1)I would take the foreign utility because the dollar is falling so if nothing else I might gain on the currency., 2) To me this depends more on the commodity demand, but if everything is equal I would go with the domestic producer because the dollar is falling and therefore more opportunity for exports., 3)I would sell producer stock if interest rates are going up, that means the government is trying to slow the economy and that should have global effects on demand., 4) This is toughest, if US interest rates are going up I have to go with foreign stocks, I think US interest rates tend to have an effect on the global economy, but larger foreign caps I would think whether the storm better. How bad did I do? Ok Ill take a stab, maybe it will show how little I know about investing…..
1)I would take the foreign utility because the dollar is falling so if nothing else I might gain on the currency.,
2) To me this depends more on the commodity demand, but if everything is equal I would go with the domestic producer because the dollar is falling and therefore more opportunity for exports.,
3)I would sell producer stock if interest rates are going up, that means the government is trying to slow the economy and that should have global effects on demand.,
4) This is toughest, if US interest rates are going up I have to go with foreign stocks, I think US interest rates tend to have an effect on the global economy, but larger foreign caps I would think whether the storm better.

How bad did I do?

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