As 2009 draws to a close, it is time to think about 2010 . We started 2009 in a tailspin and ended it with a bull market in many asset classes.

That bull market was driven by low interest rates. And the low interest rates were created by massive government intervention.

But the situation is unlikely to stay static for long. Japan could maintain massive government spending, a weak economy and extremely low interest rates because its debt was largely owned domestically. Japan financed its “Lost Decades” by raiding individual Japanese savings.

In the case of the US, the deep pockets of savings do not exist (except for the Social Security Trust Fund) so the US deficit spending will have to be funded with foreign savings.

How will the markets react to higher interest rates? This week we see REITs fall off the top 5 list after a good run in the second half of 2009.

But, the actual impact will depend on how fast and which rates rise. Our prediction is that the IRP System will come in very handy in 2010.

Trial Gold Membership

To celebrate our first Christmas, we are offering a free month of Gold Membership to all our Newsletter subscribers and Facebook fans.

For our existing Gold Members, we will add two months to your existing subscription.

As we noted above, the investment environment will remain tricky in 2010 and we can think of no better tool to navigate these choppy waters than the IRP System.

To take advantage of this offer, email us at with your email and name.

Then, if you have not already done so, register as a Free or Silver member on the site and we will upgrade you for a one month trial Gold Membership.

With Gold Membership, you will have full access to the current portfolio rankings.

There is no risk to you. If you decide to continue, you will have that option. If you do not, the account will automatically revert to Free after one month with no action necessary.

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