Low Risk Investing View

by | Jan 17, 2015 | Archives

The first rule of value investing is to reduce risk.  You are invited to join Eric Roseman CEO of ENR Asset Management and Thomas Fischer in an Asset Allocation conference call at no charge.


Gary Scott meeting staff at Jyske Bank’s Silkeborg headquarters.

Over the next two weeks we’ll share access to five conference calls.  Each call reviews of different types of portfolio and as a Gary Scott reader, you can listen in free.  Today I begin with the low risk portfolio for two reasons.

The first reason is Warren Buffet’s rules #1 and 2 of  value investing: The first rule is not to lose. The second rule is not to forget the first rule.

The second reason is that you have to take extra care that your banker or investment adviser is really looking after your interests.

Last week’s Wall Street Journal article “Forex probe finds new signs of potential wrong doing” says:  Banks and traders that figured the worst was over in the foreign-exchange scandal are facing an unpleasant surprise.  Investigations into attempted manipulation of the vast currencies markets have uncovered new signs of potential wrongdoing, sparking a fresh round of firings by Wall Street banks and snaring new financial institutions.  J.P. Morgan Chase & Co. and Citigroup Inc., which settled some U.S. and British investigations last year, both recently have fired or suspended foreign-exchange employees based in part on materials turned up by a continuing U.S. Justice Department investigation, according to people familiar with the matter. J.P. Morgan on Wednesday set aside an additional $990 million to pay for investigations and other legal expenses, while its chief executive complained about being “under assault” from regulators.

The recent post at this site “The Optimistic Cynic” explains how most of the big banks and brokers have been actually creating bad products to sell to customers so they can bet against what they advise. The root of this problem is that most big financial institutions pay bonuses based on the institution’s, not the client’s,  profits.  This creates a conflict of interest between the employees and the investors they serve.  That article outlines how Jyske Bank is different and does not pay bonuses to employees.

Eric Roseman and Thomas Fischer are my investment advisers at ENR Asset Management. ENR is the access route to an investment account with Jyske Bank.  Merri and I are sponsoring two Multi Currency Asset Allocation seminars with ENR so you can meet Eric and Thomas.

You are invited to meet them first via these conference calls.   Join in at no cost as a Gary Scott reader.

Call 905-694-9451  or 1-800-408-3053 and use the  Viking Low Risk Portfolio Pass code: 185911912 #

Click here to see the Power Point Presentation as you listen to the 30 minute conference call.

Low Risk PPT

Jyske Bank ADV EXTRA (JAN 13 2015)

This conference call can help you better follow the first rule of value investing which is to reduce risk.


Meet Eric Roseman and Thomas Fischer in Mount Dora.

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(1) Wall Street Journal Forex probe finds new signs of potential wrongdoing


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