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  • James Kostohryz Positions For 2012: 100% Cash The Only Way To Play This Market [View article]
    Now that makes sense to me and is exactly the philosophy I follow. But this type of article would not draw the attention our dear friend does, a favorite of the editors, it's too common sense - no drama and gloom and doom. ;))
    Dec 21, 2011. 04:50 PM | 8 Likes Like |Link to Comment
  • Friday Follies: Greece Job [View article]
    Thank you for posting this, Phil. I was screaming at my boss Thursday morning, he's typical staunch rightwinger, as you describe above, never reads or listen to news, other than the forwards his cronies send him, and they are repulsively wrong, outright lies and made up stuff, as you present above.

    So on the way to work that morning, I hear the news that Senate vote, and I was so mad, I forgot who I was talking to, maybe it will cost me my job, I doubt it though, I'm close to retirement, and could probably do ok right now, if I had to. I hate working for this guy now, just looking at him makes me sick.

    I'm going to send him that website though, because one of his favorite things to harp on is how Obama "gave all that money to the banks and automotive industry and what happened to all that money?" You have to appreciate the fact that we work for one of the largest German automotive part makers in the world, and when I mentioned that where do you think we would be if GM, Chrysler and Ford closed doors, he looks at me with that blank look. All he cares about is himself, I have no respect for people like him anymore.
    So much I want to vent about, but basically the conversation ended with the fact that he just refinanced his house at very low rate. He could have paid for his house in cash, but will not "because he needs a mortgage, so he can get financial aid for when his triplets go to college in a few years" ... I couldn't help but ask him if that wasn't kind of ironic, given the fact that he wishes government would stay out of people's business ... again the blank stare.
    He also does not believe in evolution.
    I think Carlin said it all.
    Nov 5, 2011. 09:11 AM | 7 Likes Like |Link to Comment
  • James Kostohryz Positions For 2012: 100% Cash The Only Way To Play This Market [View article]
    oh you make me lol - 100% is quite an "investment" strategy!!!

    ;)))
    Dec 21, 2011. 02:09 PM | 5 Likes Like |Link to Comment
  • "There are two enormous problems with the story that manufacturing is returning to the U.S.," writes Felix Salmon. "(A) It’s not creating many jobs, and (b) the jobs it is creating are not the good jobs which people want to have for many years. Instead, they pay $15ish per hour, which is what teenage babysitters make in New York." [View news story]
    GOP - greedy old people ;)
    Dec 2, 2012. 08:22 PM | 3 Likes Like |Link to Comment
  • House Republicans cave to Pres. Obama’s demand for a two-month payroll tax cut extension. House Speaker Boehner says his side has ended its opposition to the extension in return for new language in the legislation to make it easy for business payroll staff to process the tax cut.  [View news story]
    Haha.

    Just saw BOhner speaking, that smirk has been wiped right smack off his fake tanned face ... nice ;)
    Dec 22, 2011. 06:34 PM | 3 Likes Like |Link to Comment
  • James Kostohryz Positions For 2012: 100% Cash The Only Way To Play This Market [View article]
    If you buy blue chips, they will come back ... always. History has shown that. If they pay a dividend and you space them well, you will have income all year long, no matter what the market/principal does. That's what I'm trying to learn and implement. Would that not work for you, Boubou?
    Dec 22, 2011. 04:23 PM | 3 Likes Like |Link to Comment
  • James Kostohryz Positions For 2012: 100% Cash The Only Way To Play This Market [View article]
    " ... better to have loved and lost than never to have ....." ooops, wrong metaphor!! ;)
    Dec 22, 2011. 08:21 AM | 3 Likes Like |Link to Comment
  • James Kostohryz Positions For 2012: 100% Cash The Only Way To Play This Market [View article]
    It's the "Black/White - all or nothing" stuff that turns me off right away. There are gray spaces everywhere, and 100% cash is what he said, not .... "well, I have a few stocks too, but mostly I'm cash ... blah blah blah ...."
    Dec 21, 2011. 04:52 PM | 3 Likes Like |Link to Comment
  • The problem with the Occupy protests is that they're not hurting big banks and the 1%; instead, they're killing small business owners who are part of the 99%. "The bodegas, coffee shops, food trucks, restaurants... they’re simply trying to earn a living and are seeing a significant portion of their customer base being blocked from entering their premises."  [View news story]
    So sorry they aren't the organized and supported right wing group we are used to, but in and of itself, they make the point quite nicely. No showers, and in front of Wallstreet? Oh my, so shocking ... is that perhaps where true power is to be found. Hmmmmm ....... regime currently in power ... says it all to me!!

    The mess we are in was not caused by the regime in power currently ... obviously!!!
    Nov 11, 2011. 08:27 PM | 3 Likes Like |Link to Comment
  • Monthly Dividends For Retirement Portfolios [View article]
    Thanks, will go check them out!

    I like ALE , just in case you're looking for another good one!
    Nov 7, 2011. 12:16 PM | 3 Likes Like |Link to Comment
  • Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government. [View news story]
    and it's exactly the processed food industry that is producing this obesity and metabolic syndrome disease outbreak (diabetes 2, high blood pressure, thyroid dysfunction etc.) in turn, the pharma industry makes a killing by treating all these obese people with a pill. Statin drugs good example, they are now putting children on these dangerous drugs, with many toxic side effects.

    read http://bit.ly/RCNK2H
    Dec 2, 2012. 11:37 AM | 2 Likes Like |Link to Comment
  • "Those jobs aren't coming back," said Steve Jobs to the President, who asked what it would take to bring Apple's production to the U.S. It's not just low wages, Chinese manufacturing infrastructure has grown to remarkable size and sophistication. Apple's contribution to U.S. employment will be through its stores, its empowerment of entrepreneurs, and jobs at cellular providers and shippers, but not the actual building of its products.  [View news story]
    And all education is paid for by the government in Germany, and has been for the past 50 years. College and trade schools, even transportation to and from. Health insurance is affordable and good. Health care less expensive than in the US. Not sure why the idea of a healthcare system is so despised in the US, that one I can not wrap my brain around ... calling it "socialized medicine" is such stupidity! Ok, I'm off topic, but my mind wanders to these topics.
    We have several German interns in the company at all times, I had to laugh last week, when one of them came to me at lunchtime, asking where the "Kantine" is ... the canteen ... so I directed him to the lunchroom, with the typical vending machines. I had a feeling he was looking for the standard German canteen, with the home cooked, Gourmet meals, very low cost, for the workers. I gave him some money, because he had none ... he came back and returned the money, looking very disappointed, and said "there were only chips and crackers" available, and he doesn't eat that. Ok, this is not here nor there, but I'm just thinking of the extreme contrasts of our country to others, that we look down on for being "socialized" when really, they are just taking care of their workers.

    How many US companies do that?
    Jan 22, 2012. 03:49 PM | 2 Likes Like |Link to Comment
  • Testy Tuesday: How Many Times Will You Fall For The Same Thing? [View article]
    OMG - I feel exactly the way you do, I so enjoyed reading that, everything you said came from my very own heart!!

    All I can say is: BRAVO!!

    Barb ;)
    Jan 18, 2012. 09:58 AM | 2 Likes Like |Link to Comment
  • James Kostohryz Positions For 2012: 100% Cash The Only Way To Play This Market [View article]
    You know, that is a great point!! I remember hearing about mutual funds, it must have been in the early 80s because my daughter wasn't born yet, but one friend in particular was extremely positive this was the best thing since scrambled eggs! I never quite got it, but in the end, it was probably the best way for small timers to get a piece of the action/market.

    I like making my own decisions, even when I make mistakes, I learn from them and have no one else to blame.

    It would be good to have a mentor or sorts, to give good adivce, but I'm learning to know who to listen to here at SA, and who is just too radical for my own liking.
    Jan 1, 2012. 08:20 PM | 2 Likes Like |Link to Comment
  • James Kostohryz Positions For 2012: 100% Cash The Only Way To Play This Market [View article]
    James, I had been "100% cash" for the past 25 years. I am extremely risk averse, to a fault, or let me say, have been in the past. My child is grown and self sufficient at this point in my life, and I have a few more years to work and grow my retirement fund. I was looking at my IRA back in the spring, and it was growing at about 0.25% per year. I made a rash decision and put it all with Schwab.com, and have accumulated around $20,000 since then. However, the problem is (as you have pointed out quite eloquently many times) it's very risky, and in my case, I went in like a complete idiot (well, not complete, but very uneducated in terms of investing) and made some trades that turned sour, and I'm still holding on to them. Haven't lost any of my capital so far, but have to give up most of my profits for the year, if I choose to cash out.

    what would you do??
    Dec 22, 2011. 08:09 AM | 2 Likes Like |Link to Comment
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