Portfolio Investments

Kia Ora,

So why have I gone for a portfolio investment?

When working in Iraq banks & lenders could not stop falling over themselves to give me money, but as soon as I came back & was back on low wages, no matter what I know it is sorry. So as I made my mistakes & kept hitting brick walls as well as all my attempts to grow a cash flow from Security company came to naught I had to look elsewhere.  Now when you play the game of cash flow one thing that people do often is buy a portfolio investment to get capital gains to allow them to get into deals. Even with the knowledge gained & still being refused a loan (but then aren't most people unless you are in that rich rules area of life) then had to look at what else there was.

So when hearing of this investment, I did the homework. If it comes off it will be amazing return on investment (ROI) but history shows that this is a part of the cycles documented back to the Roman empire with the first depression due to hyperinflation recorded in 300 AD though it is believed to have happened in Babylonian times & who knows how long in China & India. Each time man thinks he can control the course of finance it just proves him wrong.

This investment is an old tried & tested & in fact in the US constituition these two items are the only real money, even though one President banned people from owning one of them (so carried out an illegal order) which was only rescinded in the 1970's.

When at school the system teaches history by memorizing dates, but what is behind many of those dates is never fully explored.

Even here in NZ we have heard the expression "I don't give a continental". But where in history does that come from. Well it comes from the end of the US war of independence when one George Washington was printing a currency called a continental to pay for the war. He printed so many (though not as much as has being printed of late by governments, in particular the US) that hyperinflation kicked in & the continental became worthless. The portfolio investment or one of them I have invested in went to an adjusted price of US$1 Trillion an ounce. So when you hear people say it is at a all time high recently. It is not. It is only at a high in this current cycle.

Just in US history aloan it has happened several times. When people talk of the greenback that actually was the currency printed by President Lincoln to pay for the US civil war which also became worthless but the name has stuck.

Why does it become worthless? For each note of a currecny you print (or new word is quantitive easing) it means all those currently in circulation become worth less than they were the day before.