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Alan Mendelson and www.AlanBestBuys.com look at the big money winners in...
Alan Mendelson and www.AlanBestBuys.com look at the big money winners in 2010: Gold, casino stocks, silver and the outlook for 2011.
December 31, 2010 Advertising / Marketing news in Los Angeles,California, United States of America
Long time financial reporter and consumer advocate Alan Mendelson has updated his reports on gold and silver, the casino and gaming stocks, and the stock market on www.AlanBestBuys.com website.
FOR IMMEDIATE RELEASE
Los Angeles,
California,
United States of America
(Free-Press-Release.com) December 31, 2010 --
Alan Mendelson, the host of The Best Buys TV Show which is on KCOP Channel 13 in Los Angeles, and the publisher of the website www.AlanBestBuys.com has updated the website with his year end reports on gold and silver, the stock market and the Las Vegas casino and gaming stocks.
"We follow nine casino and gaming-related stocks on our website," said Mendelson, "and eight of the nine outperformed the Dow Industrials, the S&P 500 and the NASDAQ during 2010. Only one out of the nine stocks had a percentage loss on the year, and the one big winner had a percentage gain in excess of 200-percent during 2010."
Mendelson also covers the gold and silver markets on a weekly basis on the website and reports that gold prices gained more than $300 an ounce, and the percentage rise for gold also beat the popular stock market indicators. In his outlook, Mendelson raises the possibility that silver might be undervalued and could rise to north of $80 an ounce from the current $31 an ounce price. "It's because of the gold to silver ratio," said Mendelson. "I have a lot of faith in the gold to silver ratio and it has served me well over the years. But there are other factors that might affect silver's performance in 2011 and I mention these in the report."
Mendelson also has a weekly update on the stock market. "It was a good year, and I am optimistic about 2011. But I also urge caution. A balanced portfolio is always a good idea and investors should always consult with professionals before they commit their money. And there can be even better uses for money," said Mendelson, "such as paying down debt. If you can pay $1 towards a credit card with a 29% interest rate that can be an immediate return of 29% on your money. That 29% return can beat a 29% gain on an investment because that investment can be taxed. I don't know of any tax on paying down your credit card balance."
The website www.AlanBestBuys.com offers consumer information, investment information and shopping information and hosts the videos from The Best Buys TV Show.
The Best Buys TV Show is an infomercial program on KCOP Channel 13 in Los Angeles that features deals and services offered by local business in Southern California. Each half-hour TV show contains about ten different segments highlighting different businesses and their deals and services. "This gives local businesses a chance to advertise on TV at a low cost," said Mendelson.
Before going into the TV infomercial business about four years ago, Mendelson was the business and consumer reporter on KCAL-TV and KCBS-TV in Los Angeles. The Best Buys TV Show is produced by Axis Media in Agoura Hills, California.
Alan Mendelson casino stocks gaming stocks gold prices gold prices in 2011 silver prices stock market www.alanbestbuys.com
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