THE V-8*

1) US STOCKS [IWV, VTI, SPY]

2) FOREIGN STOCKS [VEU, EFA, CWI]

3) US BONDS [AGG, BIV, TIP]

4) FOREIGN BONDS [IGOV, WIP, PCY]

5) REAL ESTATE [IYR, ICF, RWX]

6) COMMODITIES [GSP, DBC, DJP]

7) FOREIGN CURRENCY [UDN, UUP, ICI]

8) OTHER (Small Business, Private Equity/Debt, Collectibles, Derivatives, Natural Resources, or a narrow subset of any of the other seven asset classes.)

 

* The V-8 is an eight-asset-class approach to investing.  Above are seven important areas for all investors to invest in.  The eighth spot can be anything that doesn't perform identically to the other seven.  For each area, three exchange traded funds (ETF) are suggested as possible broad representatives of the class (by ticker symbol).   Any one ETF will cover the asset, but they may be uses with others. This is not to be construed as investment advice.  Please read the rest of this site's DISCLAIMERS.

 

CLICK for V8 primer

_____________________

What people are saying about "The Rich Life"...

 

"I used to listen to your show 'religiously' every Sat when I lived in Bend...I agreed with you on housing and sold my house in Bend in October 2006, sold in 2 days, and I turned the profits into a 53 ac farm out here in Eastern Oregon. Keep up the great work!"

 

- Tony K.

 

 

"Mr. Valentine, you forecasted a strong end of year rally, and over-weight in technology on your mid-October radio show. On October 18th I placed 25% in IYW (now up 8.22%) and 75% weight in VTI (now up 5.69%) Great results for 30 days! You DO make a difference for those of us that listen to your show. Thanks for your VALUABLE info!."     

 

- Tom M.

 

 

"I have been listening to you since you came on KBND this past year, and think your show is great!  In fact, it's the best and most useful money program I have ever heard, anywhere, anytime."     

 

- Randy P.

 

 

"Just wanted to drop a quick note that I agree completely with your views of obtaining a rich life..."     

 

- Mark O.

 

 

"Thank you for being more helpful than my broker.  I look forward to my Saturday mornings with you."     

 

- Lois W.

 

 

"I appreciate the philosophical overtones to your financial advice and attention to those things which make one's life rich beyond financial independence.

 

- Peter P.

 

 

"I've been listening to you on Saturday mornings for a while and really enjoy your program--a most refreshing and educational outlook on investing."

 

- Mary Ann S.

 

 

"I arrived in Bend in '87, a KGO radio listener.  KBND has come a long way to becoming my radio station.  Thank you for your contribution."

 

- Bob G.

 

 

"Thank you for all the kind feedback!"        - BV

 

 

"The Rich Life with Bill Valentine"

 

~  A syndicated, Money Talk radio show broadcast live every Sunday 11am - 1pm (Pacific Time) ~

 

           

        

 

            

KBND - Bend, OR | KCMX - Medford, OR | KXL - Portland, OR

KACI - The Dalles, OR  | KIHR - Hood River, OR | KAST - Astoria, OR* | KQEN - Roseburg, OR

KUMA - Pendleton, OR* | KMBD - Tillamook, OR | KNPT - Newport, OR

 

*Show heard from 4 - 6 pm Sunday

 _____________________________

 

MOST RECENT SOUND FILES/PODCAST:

 

02/07/10 Hour 1  02/07/10 Hour 2 

 

[BECOME A FAN OF "THE RICH LIFE WITH BILL VALENTINE" ON FACEBOOK AND YOU'LL RECEIVE A NOTICE WHEN THE NEW SOUND FILES ARE READY AND WHAT THE TOPICS ARE]

 

SOUND FILE INSTRUCTIONS: Click on the buttons above and an .MP3 file will begin playing on your computer's media player.  Give it a minute or so to start...they're large files.  If you want to save the clip to your hard drive (in order to burn to a CD or load onto an iPod), right-click the buttons and then select "Save Target As" and save it to your hard drive (probably the "My Music" folder).  From there, it can be burned to a CD or imported to your iPod or .mp3 player.

_____________________________

 

 YOU CAN HEAR "The Rich Life" STREAMED LIVE VIA YOUR INTERNET CONNECTION LIVE SUNDAY FROM 11-1 (Pacific).

 _____________________________

 

KEEP UP WITH "THE RICH LIFE" BY LINKING TO BILL VALENTINE'S BLOG AT WWW.VALENTINEVENTURES.COM

 _____________________________

February 7, 2010

  • Risk can’t be measured by a questionnaire / Hyperinflation is nonsense / Get your annual credit report / ETF vs. ETNs / Low interest rates hamper consumption? / No Estate Tax in 2010, but beware the Carryover-Basis rule

  • Guest: Jesse Felder, Felder and Co. / ETF of the Week: Agriculturals / Market Timing vs. Tilting / Floating rate preferreds OK? / Future of your Money

January 31, 2010

  • "Week of The Union": Measures 66 & 67 / State of The Union

  • Where are home prices headed?

January 24, 2010

  • Could the Scott Brown victory be the tipping point for stocks, led lower by Financials?

  • Guest: Darren Powderly;  Update on Commercial Real Estate.

  • Health Savings Accounts (HSAs)

January 17, 2010

  • The Fed's multiple agenda and the conflicts of interest.

  • My three most attractive, and most unattractive, investments, Short-, Intermediate-, and Long-Term.

  • The renewed power of Unions.

January 10, 2010

  • Measures 66 & 67: Bad for Oregon

  • Muni Bonds...are they safe?  Signs your bonds are going bad.

  • Jason Conger, candidate for Oregon House, District 54.

January 3, 2010

  • Stock Valuations bode ill for 2010-2012

  • Measures 66 & 67: Bad for Oregon

  • Federal Loan Modification program has been a failure.

December 27, 2009

  • Top 10 Predictions for 2010 (Part One)

  • Top 10 Predictions for 2010 (Part Two)

  • Guest: Senator Chris Telfer

December 20, 2009

  • Banks don't want to lend and it's the President's job to make them?  Oh, please...

  • Stocks: is the "V" shaped recovery a sign of a "V" shaped economy? 

  • The House takes a shot at regulatory reform of financial services and comes up short.

December 13, 2009

  • Congressional Fiscal Policy: Profligate Spending, Egregious Taxation.

  • Pay off a mortgage vs. Borrow against your house to invest.

  • Five Biggest Myths of Global Finance #5 - Commercial R/E is the "next shoe to drop."

 

December 6, 2009

  • Using ETFs to stay invested, and avoid the wash-sale, while tax-loss selling.

  • Guest: Chris Starling, Arbor Mortgage Group chris@arbormg.com.

  • Five Biggest Myths of Global Finance #4 - Gold always moves inversely the Dollar.

 

November 29, 2009

  • Sovereign Debt: The next Subprime?

  • The Contango Problem (for commodity ETFs).

  • Five Biggest Myths of Global Finance #3 - The Dollar is being debased.

November 22, 2009

  • Five Biggest Myths of Global Finance: #2 - Hyperinflation in coming.

  • Top 5 ETFs to fight inflation.

  • An updated look at our Growth portfolio investments by asset class.

November 15, 2009

  • It's hard to be a fan of "The Rich Life."

  • Stock Market to fall 40% this month? 

  • Five Biggest Myths of Global Finance: #1 - China's ownership of US Treasuries poses a threat.

November 8, 2009

  • The Fed.

  • Real Estate in an IRA: Part I

  • Real Estate in an IRA: Part II

November 1, 2009

  • Recession over?  Prepare for the Era of Lower

  • Risk: What would happen if you're wrong with your investing?

  • How to buy bonds

 

October 4, 2009

  • My advice to the Fed: get off your butt.

  • Guest: Drew Child, www.bendvc.com

  • Start a Health Savings Account (HSA)

September 27, 2009

  • Sleeping with the enemy again: Having too much in stocks today could get you killed.

  • Guest: Mark Brogley, www.allfinancialadvisors.com

  • Update on the TARP, the Fed, and the FDIC.

September 20, 2009

  • ALTERNATIVE ASSETS via ETFs: The Volatility Index (VXX)

  • ALTERNATIVE ASSETS via ETFs: Foreign Currency | Guest: Dave Floyd, Aspen Trading

  • ALTERNATIVE ASSETS via ETFs: Foreign Bonds

 

September 13, 2009

  • Why the pros hate, but I love, the UNG.

  • The Four Steps to Financial Independence

  • The Next Wave of Foreclosures: another reason Real Estate is years off from recovering.

September 6, 2009

  • Brokerage is broken. Time to kill the business model, eliminate conflicts of interest, require more of advisers, afford them more discretion, and pay them fairly

  • Guest: Jason Goepfert, Sentimentrader.com

  • To arbitrate or not arbitrate against your broker.  What's a winnable case?

August 30, 2009

  • Is the stock market telling us the economy is recovering?

  • Guest: Kyle Frick, VP of Marketing, MidOregon Credit Union (re: Credit Unions).  www.midoregon.com  www.ncua.gov

  • What is "risk" really?  Something I answer on a questionnaire?  Volatility? Emotion?

August 23, 2009

  • The case of the missing ten trillion dollars (the reverse of the Wealth Effect bodes ill for a "recovery")

  • Guest: Cate Williams, Money Management International (re: Consumer Credit agency)

  • China versus the Emerging Markets

August 16, 2009

  • In defense of Leveraged ETFs.

  • Guest: Jon Tapper, Valentine Ventures on "The Mystery of Hedge Funds."

  • Bonds vs. Bond Funds.

August 9, 2009

  • An update on our strategy and Growth portfolio orientation.

  • The only identifiable bubble (US Treasuries) and how to play them.

  • The Change (and why the quiet shift to Socialism is troubling).

August 2, 2009

  • THIS WEEK WAS A COMPILATION OF MY "BACK TO BASICS TOPICS"-- in order, they are:

LESSON #1 (1/18): Avoid Actively Managed Mutual Funds  
LESSON #2 (1/25): Own only ETFs (along with individual bonds)  
LESSON #3 (2/1): How to engage in an Advisory relationship  
LESSON #4 (2/8): What to know about Financial Plans 
LESSON #5 (2/15): Getting started investing   
LESSON #6 (2/22): The Four Steps to Financial Independence 
LESSON #7 (3/1): The Irrationality of Market Timing 
LESSON #8 (3/8): Behavioral Finance: The Leading Edge  
LESSON #9 (3/15): The Basics of Bond Investing  
LESSON #10 (3/22): The Most Important aspect of Investing: Asset Allocation

July 26, 2009

  • WHEN TRADES GO WRONG! (a mea culpa...)

  • Oregon's new tax hike Guest: Chris Farrens CPA, Trimble, Everton, Farrens, and Mode, LLP chris@bendtax.com

  • Why hasn't the growth in money supply led to recovery and inflation?

July 19, 2009

July 12, 2009

  • RISK and why asset allocation and diversification still work.

  • Why aren't loans being modified and what you can do.  Guest: Chris Starling, Arbor Mtge. Group, 888-323-0422, chris@arbormg.com

  • Will the Expansion of SBA Loans help the economy?

July 5, 2009

  • Updated market outlook, and what to do about it.

  • California Municipal Bonds: set to default?

  • The Obama Financial Services reformation.

June 21, 2009

  • Taking apart the "hyper inflation" hypothesis.

  • Guest: Ron Coby, author of "Discovering the Upside of Down."

  • The impact of Oregon's new tax increase.

June 14, 2009

  • Time to take profits in the growth markets?

  • Guests: Darren Powderly, Erich Schultz of Compass Commercial.

  • The Victim Era--How the recent change in Credit Card laws worsens our country's financial condition.

May 31, 2009

  • My investment outlook, and changes we're making.

  • Guest: David Moore, IRA Advantage | Topic: Suitability and Logistics of investing in real estate with IRA monies.

May 24, 2009

  • The truth about the "Dollar Debasement" forecast.

  • The rich-living legacy of Steve Larsen.

  • The Five Biggest Misconceptions about the Economy and Markets.

May 17, 2009

  • Is "buy-and-hold" investing dead?

  • Guest: Charles Warren, Oswego Crest Financial Group

  • "What makes us happy?" - results of a landmark, longitudinal study on life

May 10, 2009

  • The role of the Mortgagee in the Mortgage Crisis

  • The non-event of the week: Results of the bank stress tests.

  • The role of our Educational System in the Mortgage Crisis

May 3, 2009

  • Government to convert preferred bank shares to common

  • Reasons for protracted malaise in residential real estate

  • Playing the hyped story du jour

April 19, 2009

  • Markets Outlook: Stocks, Bonds, Real Estate, Commodities, Foreign Currency

  • The State of Oregon's suit of Oppenheimer

  • The Five Principles of The Rich Life

April 12, 2009

  • Economic Outlook: Double Dip vs. Hyper Inflation vs. Debased Currency

  • Guest: Dave Floyd, Aspen Trading

  • The truth about Insurance

April 5, 2009

  • Why I no longer watch CNBC

  • Guest: Jack Holt (GM auto dealer that severed ties with GM after 51 years)

  • Asset rich, Cash Flow poor (time to look at selling that real estate)

March 29, 2009

  • Where the Market has been...and where it's headed

  • Guest: (none) Review of the "Back to Basics"

  • Criticism of Federal Policy

March 22, 2009

  • Back To Basics* - LESSON #10: The Most Important aspect of Investing: Asset Allocation 

  • Guest: Russ Weight, www.identityprofiles.com

  • Assessing Federal response to the Crisis.

March 15, 2009

  • Back To Basics* - LESSON #9: The Basics of Bond Investing

  • Guest: Jason Goepfert, sentimentrader.com

  • Stock exodus floods money market funds.

March 8, 2009

  • Back To Basics* - LESSON #8: Behavioral Finance: The Leading Edge

  • HR 1068: Tax investors to pay for the Financial Crisis?

  • Fire Tim Geithner

March 1, 2009

  • Back To Basics* - LESSON #7: The Irrationality of Market Timing

  • Guest: Cate Garrison, Victim of Wes Rhodes (Fraudulent Investment Adviser)

  • What President Obama should have said this week.

February 22, 2009

  • Back To Basics* - LESSON #6: The Four Steps to Financial Independence

  • Guest: Tom Potiowski, Oregon State Economist

  • US Government fumbling policy

February 15, 2009

  • Back To Basics* - LESSON #5: Getting started Investing

  • Guest: Matt Orr, Professor of Ecology, University of Oregon

  • The Economic "stimuli" plans

February 8, 2009

February 1, 2009

  • Back To Basics* - LESSON #3: How to engage in an Advisory relationship

  • Tips to avoid being a victim of an Advisory scam

  • Bonuses on Wall Street

January 25, 2009

  • Back To Basics* - LESSON #2: Own only ETFs (along with individual bonds)

  • 1031 Disaster: The Case of Summit Accommodators

  • The January Effect, The Trade Deficit, S&P 500 P/E

January 18, 2009

  • The Truth about the TARP

  • Guest: Mark Gaskill, MKG Financial (www.mkgfinancial.com)

  • Back To Basics* - LESSON #1: Avoid Actively Managed Mutual Funds

 

*"BACK TO BASICS" SERIES:

LESSON #1 (1/18): Avoid Actively Managed Mutual Funds  Sound File #1

LESSON #2 (1/25): Own only ETFs (along with individual bonds)  Sound File #2

LESSON #3 (2/1): How to engage in an Advisory relationship  Sound File #3

LESSON #4 (2/8): What to know about Financial Plans Sound File #4

LESSON #5 (2/15): Getting started investing   Sound File #5

LESSON #6 (2/22): The Four Steps to Financial Independence Sound File #6

LESSON #7 (3/1): The Irrationality of Market Timing Sound File #7

LESSON #8 (3/8): Behavioral Finance: The Leading Edge  Sound File #8

LESSON #9 (3/15): The Basics of Bond Investing  Sound File #9

LESSON #10 (3/22): The Most Important aspect of Investing: Asset Allocation  Sound File #10

 

 

Click Here

 

to download a free copy of Valentine Ventures white paper (in .pdf form) on:

 

"THIS DECADE..."

 

("Why this decade is so different from the '80s and '90s that it invalidates much of the conventional wisdom of how to save and invest")

 

 

Why Be Wealthy When You Can Be Rich?

By William L. Valentine IV, CFA

(As appeared in the Cascade Business News)

STOP RIGHT THERE! What if you follow everything you're reading about money and investing, amass a fortune, retire, and find that you're unhappy with your life? Some might say, "Give me the fortune, and I'll show you how happy I can be!" I say, I've known hundreds of millionaires and too many share the unique features of being financial wealthy but personally and emotionally bankrupt.

Sound too touchy-feely for you? Consider that the "Golden Years" often aren't—the highest suicide rates of any age group occur among persons aged 65 years and older.1 And you don't need to be Dr. Phil to accept the idea that financial concerns are a leading cause of stress and depression. More than 16% of Americans will be treated for depression in their lifetime.2

What if the old formula—work/save/retire—isn't the key to living a rich life? What if the key to a rich life isn't amassing money, but rather surrounding yourself with things of value to you? And what if the pursuit of money—on the job and in the investment markets—actually conflicted with your ability to be rich?

As a long time investment manager and financial columnist, I would suggest that all of aforementioned is true. In fact, I'm reorienting my practice to foster the mutual objectives of wealth accumulation and helping individuals to develop a lifestyle rich in the things money can't buy.

So instead of giving you "My Favorite Stock Picks," I offer up a new set of principals to add to the wealth-accumulation debate.

1)  Money is good – Money is the key to having maximum personal flexibility and the pursuit of money is a virtuous one. Prudent planning and intelligent investing help you get there. This is the easy part and what I've worked my entire career to perfect. However...

 

2)  Money is only a small part of living a rich life – Life's riches are those things of value to you. Often, they cannot be bought, and the pursuit of money can conflict with efforts to achieve many of the most important aspects of living a rich life. They are distinctive to each of us.

 

3)  The definition of "work" is "being paid to do something you'd rather not" – Your goal, therefore, is to minimize work. If you love your occupation, it's not work--and this doesn't apply. But work for the sake of money that comes at the cost of those things of value needs to be rethought.

 

4)  Financial independence occurs when living standards are met by investment yield – The gap between the money you need to retire, and a rich life in retirement, can be narrowed through redefined ideas about retirement, lifestyle, and the role of money.

 

5)  Living a rich life entails maximizing your experiences and living in the present – While living within your means, it's important to enjoy the fruits of you labor now, and allocate your time towards living in the moment. This entails surrounding yourself with the people and activities most important to you, today.

It's not an easy process for anyone. However, I can't think of a better time to design a rich life and break out of the system. Many are learning to reorient their lives to create more joy and meaning—often without amassing a fortune ahead of time—using non-traditional approaches to work, money and life.

I challenge my fellow Central Oregonians to balance their worthy pursuit of wealth with a similarly noble pursuit of a life rich in those things of value: health, family, hobbies, friends, spirituality, and philanthropy. Starting now, anyone can be rich...

For what's the point in a life filled with many dollars but little sense?

William L. Valentine IV, CFA is the President of Valentine Ventures, LLC, a private money management firm investing on behalf of high-net-worth individuals. He is the host of "The Rich Life with Bill Valentine," Saturday mornings on News/Talk 1110 KBND.

_________________

1 National Strategy for Suicide Prevention, US Dept. of Health and Human Services.

 

2 National Comorbidity Study, National Institutes of Health, Journal of American Medical Association.
 

WHAT WE DO WHO WE AREHOW IT WORKSBECOME A CLIENT

NOTABLE & QUOTABLETHE INVESTMENTORTHE HEDGEHOGTHE RICH LIFEREDSIDE MEDIA

IN THE PRESSREQUEST AN INTERVIEWCONTACT US

 

 

All Rights Reserved. Copyright ©