Category Archives: Free Stuff

America’s Biggest Banks: How Safe Are They?

“The Coming Worldwide Bank run”

By Elliott Wave International

Lost in the clamor over the central banks’ “let there be liquidity” pronouncement, Standard & Poor’s just downgraded fifteen major U.S. and European banks.

The downgrade doesn’t mean Bank of America, Goldman Sachs, Citigroup, Barclays, UBS, Wells Fargo and others will close shop tomorrow. But the long-term credit downgrade does raise questions about their stability.

After all, the 2007-2009 financial crisis has supposedly passed. But during the two-year “recovery,” did most big banks really return to sound fiscal health? Well, Standard & Poor’s downgrade speaks for itself.

One reason for the downgrades was Standard & Poor’s own revision to its rating system. Nonetheless, CNBC reported (11/29), “The outcome of the re-rating of the biggest banks was worse than S&P has forecast for all banks.”

And apparently, the big banks were in worse shape in 2008 than most people realized. Thanks to the Freedom of Information Act, Bloomberg just revealed that banks got more bailout money from the Federal Reserve than was previously made public:

“The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn’t mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy.”
— Bloomberg, November 28

And in light of the downgrades, what does this revelation say about assurances of financial stability that come from the banks today?

Please consider this insightful excerpt from the September Elliott Wave Theorist:

“The Coming Worldwide Bank run”
“In the late 1990s and mid 2000s, the loan-to-deposit ratio for U.S. banks was nearly 1.00, meaning that almost all deposits were lent out. That shortfall alone was a serious problem, because if even 5% of depositors had decided to withdraw their money, banks would have been unable to pay. Some of the banks’ loans were quickly callable, but by 2006, the credit-fueled real estate boom had claimed a large percentage of outstanding loans, both inside and outside the banking system. These loans are not quickly callable. The problem was serious in 2002 and enormous in 2006. Now it has become acute, because many loans are becoming fossilized, as the market for mortgage investing has dried up while foreclosures on the ‘collateral’ have been slowed by court actions and politics.

“The specter of a banking panic has become far darker since the collateral for bank deposits — land and buildings — has fallen globally in value at the steepest rate since the Great Depression. One day this shortfall in collateral value will impress itself on people’s minds, and there will be an unprecedented run on banks around the globe…. Yes, I know about the FDIC, but I don’t believe it will be able to fulfill its promises when most banks go bust.”

Notice the phrase in the last sentence of the quote, “most banks” This obviously implies that some banks are safer than others.

What is the best course of action to safeguard your money? Read our Free 10-page Report titled “Discover the Top 100 Safest U.S. Banks” to learn:

  • The top two safest banks in your state.
  • The 5 major conditions at many banks that pose a danger to your money.
  • Robert Prechter’s recommendations for finding a safe bank.
  • And more!

Download your free report now.

This article was syndicated by Elliott Wave International and was originally published under the headline America’s Biggest Banks: How Safe Are They?. EWI is the world’s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.

Questrade stock broker – Open an account and get an iPad 2

questrade logo

Hi there.

Fancy yourself a big stock investor? If so my current stock broker – Questrade – has a special promo where if you open an account with a minimum of $250,000 by December 31, 2011 you’ll get a free iPad 2. Also if you transfer from another brokerage firm they’ll pay your transfer fees up to $150.

Personally I wouldn’t open an account _just_ for the free iPad, especially at that range, but mainly for the fact that – to my knowledge – they offer the lowest commissions of any Canadian stock broker.

But hey, if you’ve got that kind of cash and you’re looking for a stock broker why not get a free iPad 2 as well, no?

Terms and conditions (taken from their website):

Questrade is offering new and existing clients an iPad 2 when opening a new account.

  • Open and fund an account with a minimum of $250,000 in assets by 11:59 p.m. ET, December 31st, 2011.
  • Must quote offer code IPAD250 at the start of the account application.


  • Offer open to new and existing equity clients. Forex accounts are not eligible.
  • If you are funding your account by transferring from another broker, the transfer must be initiated by 11:59 p.m. ET, December 31st, 2011 and must be completed within 90 days of initiation to qualify for the offer.
  • Amounts quoted are in CAD.
  • This offer is not available with any other Questrade offer except FREE TO TRANSFER (see below).
  • New accounts by existing Questrade clients cannot be funded by transferring funds from another Questrade account.
  • Account holders must maintain a minimum account balance of $250,000 in assets for at least 6 months of account activation. If the account balance falls below $250,000 in assets before the end of the 6 month period due to withdrawals on your account, you will no longer qualify for the promotion and Questrade will have the option to apply a charge to your account based on market value of the iPad 2. If the account balance falls below $250,000 in assets due to market fluctuations, you will still be eligible for the promotion and no charges will be applied.
  • Clients will only get one iPad 2 (Wi-Fi only, 16 GB), excluding the smart cover, or cash equivalent per account.
  • iPad 2s are subject to availability.
  • Images of iPad 2 shown on any advertisement used by Questrade does not represent the actual iPad 2 which will be offered to clients.

Free to transfer
Questrade will pay your transfer-out fees up to CAD $150 when you move a minimum of CAD $25,000 to Questrade from another brokerage. Payment of the transfer-out fee is capped at $150 and is limited to one account per client.

If this is something interests you jump on over to the Questrade homepage to get started or to find out any other details you may wish to know. Don’t forget the iPad 2 offer code (above)!!

Attention Canadians – Questrade is giving $50 in free stock trades and a chance to win $1000!

questrade logo

Greetings fellow Canadian investors and traders. I have a pretty cool promotion passed on to me by Questrade – my current favorite stock broker. They’ve instituted a promotional program called “refer a friend” which allows any existing Questrade account holder to refer a friend, and if that friend opens and funds a Questrade account they get $50 in FREE stock trades AND a chance to win $1000. Pretty cool!

So I was thinking if any of you are interested in opening a Questrade account and wish to get $50 in free trades, then let me refer you. So you might be thinking what’s in it for me. Well, according to the Questrade e-mail I received if any of the people I refer wins $1000 then I win $1000 as well.

To bring you on board Questrade requires that I provide them with a few pieces of information about you so they can contact you to guide you further in the account opening process. These pieces of information are: First name, last name, e-mail address, and phone number.

The easiest way to collect this info from you would be via e-mail. So here is what you need to do. Fire off an e-mail to opportunity at (replace the word “at” with the @ symbol) with the subject line “Questrade referral” and include the required info and I will input it into their system ASAP.

This promotional is for a limited time. As Questrade puts it “friendship lasts forever, but the contest to win $1000 only lasts until January 31st, 2012”

Thanks everyone, and I hope to get you on board with $50 in free stock trades.



HostGator Coupon Codes

hostgator coupon codes

Hi everyone!

I’ve got a few web hosting coupon codes to share with you all today. The coupons  (as you probably can already tell) apply to the web hosting services of a company called HostGator. This very site used to be hosted with HostGator, and although my sites have outgrown a shared hosting account I can honestly say that when I was hosting my sites with HostGator I never had any problems whatsoever. They offered me stellar reliability, but what I liked best was their amazing customer support. Thanks guys! I should also mention that I like them so much that I kept my “Baby Plan” hosting account open with them for backup purposes. But enough about my experience with them, how about we get to the meat of this post – coupons!

Here are the coupon codes:

1: MONEYGURU25OFF –   25% off

2: MONEYGURU994 –  $9.94 off

3: MONEYGURU2494 – $24.94 off reseller packages

You can type any of these coupon codes (the ones in bold above) during the checkout process. These coupon codes do not expire! Feel free to share them with whomever you think needs quality web hosting at a reasonable cost.




Free U.S. market analysis from the world’s largest market forecasting firm

Dear reader,

I just received a rare opportunity to offer you free U.S. market analysis from the world’s largest market forecasting firm. I strongly encourage you to consider this offer. Other than the fact that Elliott Wave International has fully-prepared their subscribers to take advantage of the recent free fall in US stocks, they never offer free trials to their services. Don’t miss this opportunity to find out what’s next for the US markets.

Check out the details below.

Elliott Wave International – World’s Largest Market Forecasting Firm

From the Desk Of: Robert Folsom
Date: August 4th, 2011

This brief message is all about you. To start with, however, I have to say something “about me.” I’ve been with Elliott Wave International since 1992: That’s a good long time, long enough to have seen lots of days when our staff did all it could to deliver forecasts that prepared subscribers for what’s next.

Yet today stands above virtually all those others. I can scarcely recall a day when we’ve been able to offer 1) So much, 2) So immediately, that is 3) So urgent.

Here is where it’s all about you. Earlier this year, The Elliott Wave Financial Forecast (EWFF) specifically forecast the juncture we’ve arrived at now — it said most people believe the markets and economy are recovered and growing. But there were TWO parts to that forecast; the time has come for the second part to unfold. You’re a few keystrokes away from what EWFF is saying now for free (new issue posts tomorrow, Aug. 5).

What’s more, you’re a few keystrokes from reading Robert Prechter’s current commentary in The Elliott Wave Theorist, again, for free. He provides you with a context to understand the events of the past week and month, which you simply cannot find elsewhere (you won’t need to wonder why the blue chips are now down on the year for 2011 — you’ll know why).

Finally there’s the forecast in The Short Term Update: Earlier this week we alerted subscribers to action in the S&P 500 and Dow Industrials which broke below critical price levels. Perhaps you’ve heard some of the chatter on news and financial websites in the past 48 hours about a “head and shoulders” pattern. Yet Short Term Update subscribers got THAT news two weeks ago, back on July 20 — along with a specific price level that would confirm the forecast.

This is a wealth of forecasting; you can have it immediately; and the moment is indeed urgent. I’ve never seen a day quite like it.

My colleagues here at EWI have put together a two-week free trial to all three of the services I mention above. Together, they we call them the Financial Forecast Service and they deliver the most comprehensive coverage of the US markets available anywhere. Now, if you are already familiar with EWI, you know that we NEVER offer free trials to these services. But you must act now as this offer ends Wednesday, August 10.

Find out what’s next for the US markets.

Thanks for reading,

Robert Folsom
Elliott Wave International

About the Publisher, Elliott Wave International
Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International (EWI) is the world’s largest market forecasting firm. Its staff of full-time analysts provides 24-hour-a-day market analysis to institutional and private around the world.

Questrade stock broker offers free technical analysis newsletter

questrade logo

Hi there.

My current favorite stock brokerage firm – Questrade – is offering a free technical analysis newsletter delivered by email five days a week (Tuesday through Saturday). The report features bullish and bearish stocks from the U.S. and Canadian markets, and analyzes them using classic price chart patterns. Bear in mind though that to get the free technical analysis report you have to become one of their client. But that’s not such a bad idea really as I found them to be a pretty good brokerage firm. I used to be with the now defunct (bought out by Scotiabank) e-trade Canada, and I switched to Questrade because of the lower transaction fees and I have been pretty happy so far.

I guess I should also mention that Questrade is a Canadian stock broker so I’m afraid this free newletter offer is available only to Canadians. They really should open up a US subsidiary too!

Thanks for your attention.