Gold for instance has behaved more like a bank FD, while those invested in silver wish they weren��. On CNBC-TV18's special show 'The Informed Investors' Hemant Rustagi, CEO, Wiseinvest Advisors advises on the best tax saving ideas.
Below is an edited transcript of Hemant Rustagi's interview on CNBC-TV18.
Q: What about the entire investment and other asset classes? For instance, we have been talking about gold and silver, how does a person decide to diversify his asset? If you just look at the past performance in the one year, has it been fantastic? What�� a good strategy for people to decide how to invest in other asset classes and how much they should be allocating?
A: Let me discuss how much role a past performance should play in the portfolio. The key factor for investor to realise is, to look at past performer for a long-term, maybe 5-10 years, especially if you are talking about an asset class like equity. Now relying on short-term performance can actually backfire and the reason for that is because it neither indicates a true potential of an asset class nor does it tells you about the risk that is associated with an asset class.
Best Gold Stocks To Watch For 2014: Tetra Tech Inc.(TTEK)
Tetra Tech Inc., together with its subsidiaries, provides consulting, engineering, program management, construction management, and technical services for water, natural resources, environment, infrastructure, and energy sectors. The company operates in four segments: Engineering and Consulting Services (ECS), Technical Support Services (TSS), Engineering and Architecture Services (EAS), Remediation and Construction Management (RCM). The ECS segment offers front-end science, consulting engineering, and project management services in the areas of surface water management, groundwater, waste management, mining and geotechnical sciences, arctic engineering, industrial processes, and information technology. The TSS segment provides management consulting and strategic direction in the areas of environmental assessments/hazardous waste management, climate change, international development/stabilization, energy services, and technical government staffing services. The EAS segment offers engineering and architecture design services, including leadership in energy and environmental design (LEED) and sustainability services, together with technical and program administration services for projects related to water infrastructure, buildings, and transportation and facilities. The RCM segment provides environmental remediation, infrastructure development, and alternative energy services. The company offers its services to the U.S. federal, state, and local government agencies, as well as to commercial and international clients. Tetra Tech, Inc. was founded in 1966 and is headquartered in Pasadena, California.
Best Gold Stocks To Watch For 2014: Nationstar Mortgage Holdings Inc (NSM)
Nationstar Mortgage Holdings Inc. is a non-bank residential mortgage servicer with a range of services across the residential mortgage product spectrum. As of December 31, 2011, the Company serviced over 645,000 residential mortgage loans. The Company�� clients include national and regional banks, government organizations, securitization trusts, private investment funds and other owners of residential mortgage loans and securities. It is a partner of financial organizations, including government-sponsored enterprises (GSEs) and other regulated institutions. The Company is a licensed servicer in all 50 states. In addition to its core servicing business, the Company has a fully integrated loan originations platform and suite of adjacent businesses.
Nationstar offers clients a range of services. The Company combines its mortgage servicing with a fully integrated loan originations platform. Nationstar offers clients a diversified array of residential mortgage services: Servicing, Originations and Other Related Services.
The Company offers mortgage investors two primary ways to partner. A portion of its portfolio consists of owned mortgage servicing rights (MSRs). In this arrangement, the Company owns the right to collect the principal and interest due from a mortgage borrower, as well as manage the title and property insurance escrow of the collateral on behalf of mortgage investors in exchange for a monthly fee proportional to the unpaid principle balance (UPB) of the mortgage. The Company acquires MSRs either through its own origination of mortgages or by acquiring these rights from other MSR owners or the mortgage investor. It subservices multiple portfolios for federal agencies, Government Sponsored Enterprises (GSEs) and large banks. For its subservicing clients, the Company is organized to serve its clients with an Investor Collections Professional and Senior Portfolio Manager(s) assigned to each portfolio.
The! Company offers a fully integrated loan origination platform. It also operates a wholesale origination channel capable of purchasing loans primarily from Financial Institutions operating as a broker.
Other Related Services
The Company offers a full suite of additional residential mortgage services to complement its servicing business and supporting originations platform. These businesses offer a range of ancillary services, including providing services for delinquent loans, managing loans in the foreclosure/real estate owned (REO) process and providing title insurance agency, loan settlement and valuation services on newly originated and re-originated loans. Nationstar is a part owner in NREIS, which is a provider of residential and commercial mortgage and real estate solutions in the United States. Their services include title insurance and property reports; real estate appraisals and alternative valuation products; settlement and closing services; commercial real estate services; default and property preservation services, and flood and tax certifications.Advisors' Opinion:
- [By Alexandra Leigh]
The firm has priced a securitization from its special purpose vehicle Nationstar Agency Advance Funding Trust at approximately $900 million in mortgage servicer advance receivable-backed notes. The Trust’s note issuance is an asset-backed securitization of servicer advance receivables made on-backed residential loans backed by Freddie Mac, and the series notes are backed servicing fee advance receivables.
Top 10 Insurance Stocks To Own Right Now: PIMCO California Municipal Income Fund III(PZC)
PIMCO California Municipal Income Fund III is a close ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. It is co-managed by Pacific Investment Management Company LLC. The fund invests in fixed income markets. Its investment portfolio include California municipal bonds, and other municipal bonds and notes; California variable rate notes and other variable rate notes; California variable rate demand notes and other variable rate demand notes; U.S. treasury bills; and call options written and put options written. Allianz Global Investors Fund Management LLC serves as an investment Manager to the fund. PIMCO California Municipal Income Fund III was formed in 2002 and is based in New York City.