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Investments to Keep Afloat

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  • Description

    RDM Financial Group CEO Ron Weiner on where to put your money in today's market.

  • Duration 4:30
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This transcript is automatically generated

Strange -- -- at the moment you're welcome we we have in essence seen.

That well you know I'm 90% of companies are lowering their earnings estimates so what's the investing iron environment like my next guest says.

And this is this quote.

Playing musical chairs on the Titanic -- I think at some ideas to keep your portfolio from sinking.

That cute little head is Ron Weiner he is already -- financial -- CEO attack in -- Fox Business exclusive.

Well I don't think that's a good assessment at all because it what -- in -- -- saying is that you can pick the right share but the ships still going down.

This and we gotta take care this debt thing.

That this that thing doesn't go away weather in Europe at what we Europe and the United States.

We're gonna have problems it's hard to -- -- here for two years saying that and I agree with you.

And -- the market continues to go higher people could still make -- can they not I'm not saying we're not invested and I'm not saying that you QE got to pick the right shares.

But at a certain point there's gonna come a time were all gonna have to pay.

Having said that I think we're starting to see I'm I'm something -- total -- I'm not.

At all -- but I think that there are ways to invest right now our our portfolio is about 65% on the volatility SMP.

So were in it would study and it would both legs and what we're picking the thing for the oil and gas discussion and did just before me.

Well we -- the pipeline it's.

We're earning 7% -- you know we a year on the pipelines were doing just fine how are we beating the S&P know boy that's 7% pretty dense foods the solid.

However.

The big we see the earnings right now showing -- now they're showing -- bottom line -- that -- -- was just the top line.

But we kind of saw it coming the real question to us is -- -- -- made its bottom line but not its top line.

Yeah that was that -- -- -- Caterpillar was that was and I think it's as -- up today I'm not sure.

-- this happened but let me think then take -- she appeared to you like just US companies or do you feel all governments.

First world nations so to speak are pretty much -- -- We're still bulls on the emerging market we think that Europe is really the question mark.

We listen we read we talk to people can the US and -- the emerging markets do well in in -- in the face of the -- Europe.

We tend to think not than that's that's that's why we're a little bit -- -- that more bearish on on the entire market visiting Europe is really gonna be a drag.

See I can do this because Ron and I go way back where we're good pals here so let me push you on this -- and Dax Germany's market up 23%.

Year for year here's another one.

The -- to -- France up 10% not nearly as robust but the Hang Seng Index in Hong Kong up 19%.

You're telling me that developed countries.

Cannot do well.

What I'm saying is look at look at every single.

Central Bank in the world the first time -- -- coordinated they all flooded the build market with cash.

I'm not sure -- must -- -- sure it's not a sugar high.

I got a feeling that's all of this is is really not real is just is nowhere else to go.

But if you look at unemployment you look at the debt someday we're gonna have to -- thug like two names internationally one -- an Asian name -- -- European name the European name is -- like.

Are what makes you think that it'll continue to do well in tough conditions seen there there's a way to play the market even in scary times the number one food company in the world.

You look at the caloric intake of the planet with everybody in the emerging markets 70% of the world's population there eating better.

Nestle's made a great inroads into emerging markets they bought that the formula division from Pfizer to another in the baby food market in the emerging market.

There there are ways of making a lot of money in in a scary more what you.

You can't eat an Internet search engine but you still like -- very much another stock that's actually down about 6% and up a little bit -- PE eighteen yet.

AT but it grew 70% last year.

Here again the emerging markets were still bullish on the emerging markets it is the Google of China.

And -- was not getting in there -- -- within a great force coming anytime soon so we like it for the long term play.

The combination of the portfolio people up with the of the portfolios with some risk a -- some risk you -- -- some things that you can count on and then put it together and moderate -- volatile so.

-- is here to make sure that your Titanic.

Portfolio is up -- rose version and not a Jack version because Jack -- growth slipped parents who live will be employment up our -- -- coming up with much more.

And he's got more pics but in the meantime.

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