Blog Entries for Bruce Lefavi

Turkey of the Week - Goldman Sachs

info@lefavi.com — Tue, 11 May 2010 07:00:00 +0100

[video:http://www.youtube.com/watch?v=QAK81Hw2BaE&hl&feature=player_embedded 425x344]

Greece: Turkey of the Week

info@lefavi.com — Mon, 15 Feb 2010 07:00:00 +0100

Greece is the turkey of the week.They’re going bankrupt. Their big socialist spending habits are killing them. Socialism does not work. Many socialist countries are in horrible financial states, and Obama is trying to send us down the same path.

Each year, Greece is in the hole 13% of GDP. It is going to take a really long and bad recession to get them out of the troubles they are in. Otherwise, the EU is going to have to continue feeding them [...]

Save the Date

info@lefavi.com — Fri, 05 Feb 2010 07:00:00 +0100

Client Appreciation Day Saturday, April 24, 20108:30 am – 1:30 pm The Grand America Hotel555 South Main StreetSalt Lake City, UT 84111
Clients and guests interested in becoming Lefavi Wealth Management Clients are encouraged to attend a day filled with the latest investment information. Space is limited to 500 available spots. To reserve your seat, call (801) 486-9000.

Obama: Turkey of the Week

info@lefavi.com — Mon, 25 Jan 2010 07:00:00 +0100

On Thursday Barrack Hussein Obama announced that he is going to go after banks with new taxes. This is a particularly stupid idea because the banks will just pass the added costs onto customers like you and me. In other words, it is just another tax on all of us, no matter how much or little we make. Gee, thanks Obama; I don’t think this was the change the country was hoping for!

December Newsletter

info@lefavi.com — Tue, 01 Dec 2009 07:00:00 +0100

Have you been reading the news lately? Stay up to date on the vital changes that affect your retirement future. Our financial experts are here to guide you through these tough economic times with their timely advice and strategies.

Be sure to check out this month's edition of Bulletproof Your Financial Future -Newsletter. [...]

RIO 2016

info@lefavi.com — Wed, 18 Nov 2009 07:00:00 +0100

Look who I ran into during my trip to Brazil!

Clean Up Congress

info@lefavi.com — Wed, 11 Nov 2009 07:00:00 +0100

It’s time to CLEAN UP CONGRESS! For too long they have bowed down to special interests and let the American people down. If you are fed up with the way our country has been heading, it’s time to throw the bums out of office and take back our government! [video:http://www.youtube.com/watch?v=rS41xr80lzg] www.waragainstwallstreet.com

Income Guarantees

info@lefavi.com — Mon, 09 Nov 2009 07:00:00 +0100

If you missed this past week’s show, here are some quick clips from the episode:
Annuities: Not so bad, after all?
Watch the Video Here
And, if you would like to hear the entire show, you can find it here on our website. Annuities are a great investment strategy for those close to being or already retired. Call to get my Bruce’s Best Annuities list that includes up to date information that you can't afford to miss: 1-866-702-7823.

Brazil - Radio Show Highlights: October 31, 2009

info@lefavi.com — Mon, 02 Nov 2009 07:00:00 +0100

If you missed this past week’s show, here are some quick clips from the episode:

Brazil: A Great Investment

Watch the Video Here

And, if you would like to hear the entire show, you can find it here on our website. Brazil is really a great investment, and I hope that you don’t miss out on this great protection strategy. Call to get my Bruce’s Best Mutual Funds list that include [...]

Liberal Think Tank Talks About Raising Taxes

info@lefavi.com — Wed, 30 Sep 2009 07:00:00 +0100

I've been saying it for a long time, with the tremendous amounts of spending - we are in for higher taxes.

Check out this article from the Wall Street Journal

Moody's - Kolchinksy's Claims are Unsupported

info@lefavi.com — Wed, 30 Sep 2009 07:00:00 +0100

I've been following this story since I read this article last week. Moody's hired a private law firm to review the claims made by Mr. Kolchinksy. Mr. Kolchinksy said Moody's has continuing conflicts of interest and inflated ratings. You can read more here.

Here is a link to my previous post.

Turkey of the Week - Moody's

info@lefavi.com — Wed, 23 Sep 2009 07:00:00 +0100

I just read a disturbing article in the Wall Street Journal - LINK. An ex-Moody's employee says the firm continues to issue inflated ratings on complex debt securities. How much of this are we going to continue to take? I don't want to go through another financial meltdown. I've given my opinion on these types of complex securities and to sum it up in short, they are bad. They are financial weapons of mass destruction! Not only should they be banned, you have a supposedly impartial firm accus [...]

Turkey of the Week - Obama, again!

info@lefavi.com — Fri, 18 Sep 2009 07:00:00 +0100

Sometimes it would be nice to mix things up a bit, but I am not going to hesitate nominating Barak Obama over and over again if he is going to continue to make dumb decisions. What's has he done this time? The last thing you want to do is get into trade war when your economy is in a recession, but that is exactly what he is doing with the tariffs on tires from China.

See article here:

Bulletproof Your Financial Future - September Newsletter Edition

info@lefavi.com — Tue, 01 Sep 2009 07:00:00 +0100

We have posted a new edition of our Monthly Newsletter - Bulletproof Your Financial Future

SEPTEMBER NEWSLETTER

In this month's issue:
Roth IRA Conversion Saves You Money - Part 2
Investing: Cash is Not King... But Where Do We Go From Here
Local Business Spotlight

When you’re right, you’re right!

info@lefavi.com — Wed, 26 Aug 2009 07:00:00 +0100

Twelve years ago I started making predictions as an experiment on my radio show. The plan was to have some fun making educated guesses about the markets and then have a good laugh about them a year later. Instead, a funny thing happened: they all came true. Here is a link for my predictions online.

So far I am 29/31, with two predictions pending. I predicted the 2008 real estate bubble, and got my clients out of REITs before the crash, but the credit freeze had a negative effect on the [...]

Penny For Your Thoughts?

info@lefavi.com — Thu, 13 Aug 2009 07:00:00 +0100

With so many problems plaguing the SEC, I have been looking for ways to we can find solutions.

I've mentioned before that one way might be to create a securities division in the Justice Department, designed to criminally prosecute the bad guys of Wall Street. We'd do away with the incompetence of the SEC and hire the best private securities law firms to do the job right.

Another idea I heard recently, was to put the SEC under the direction of the Treasury Department. [...]

Bulletproof Your Financial Future - August Newsletter Edition

info@lefavi.com — Sat, 01 Aug 2009 07:00:00 +0100

We have posted a new edition of our Monthly Newsletter - Bulletproof Your Financial Future

AUGUST NEWSLETTER

In this month's issue:
Roth IRA Conversion Saves You Money - Part 1
IRAs - Frequently Asked Questions

Hear No Evil, See No Evil

info@lefavi.com — Thu, 23 Jul 2009 07:00:00 +0100

Why is the Justice Department so incredibly inept at prosecuting securities fraud? The reason is they don't have anyone devoted to prosecuting these cases. In fact, there is not a single attorney in the entire Justice Department that is trained in the area of securities. Should a case come up, that they might want to prosecute, they'd probably have to look up the word securities in the dictionary to see what it means.

This is a completely untenable situation. It is imperative for the Ju [...]

The Grapes of Roth

info@lefavi.com — Tue, 14 Jul 2009 07:00:00 +0100

Can you spare some change?
Deciding to convert a traditional IRA to a Roth IRA just got easier thanks to the Democrats. Obama, like a kid in a candy store, is spending like crazy and driving up the deficit. Cut through the sugar coated rhetoric and, once the economy starts to recover, you'll find one hefty bill left for taxpayers!

It's time to pay the piper.
So, what are you going to do? Did somebody say, "Impeach Obama?" Hmm... I like where you are going with that, [...]

SEC

info@lefavi.com — Sat, 11 Jul 2009 07:00:00 +0100

Why is the SEC wasting so much time on formalities? After Madoff plead guilty in March, for running a massive Ponzi scheme, we all knew that he was going to jail. In fact, he was placed into custody after his confession so, what took the SEC 3 months to ban him from trading for life? Plus, who cares if he has a securities license anyway? I am pretty sure he wasn't going to use his one phone call to place a trade - no that he actually used his license for trading, anyway. He was stealing money [...]