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User 53132
2 Comments
My Investment Philosophy and Visa
boys trying to have a pissing contest.
Robert stay your course; modify your investment rules as you progress. As for the current market, my account is at 70% cash and growing. The economy will further degrade, and if Israel attacks Iran this summer the markets will slide much lower because of $225 oil and uncertainty.
The Ins and Outs of Terror-Free Investing
Terror-free investing as a national policy might or might not work. The unilateral decisions of the US haven't worked out very well e are the best electronics designed and manufactured? Not in our clately, but lets put that aside.
Who decides what is a terror state? Could China be on that list because of its policies in Tibet? What about Russia and the disappearance of its citizens? What about the US in Iraq and Afghanistan; aren't we terrorizing part of their populations? Is the decision made by someone stuck at a desk in the corner who's name and character are unknown? Maybe we could make it with decisions of congress?
If everything goes OK, who moves in when we move out? The French, Russia, China? How about Venezuela? Maybe North Korea?
Wouldn't it be a welcome change to see North Koreans helping out Pakistani Citizens with all their nuclear needs?
The economic and political power of the US is dwindling as other countries of the world move toward the center stage. Where are the fastest grown economies? Which countries are graduating the most engineers, scientists, and business majors? Where are the best and newest examples of architecture? Not in our country.
For terror free investing to work on a global scale would require the combined efforts of several independent nations. The US will need to find a new attitude of pragmatism and co-operation as its influence diminishes over the coming decades.
However, everything else aside, the idea has merit. On an individual basis, or perhaps dedicated "terror free" fund, we could give it a try.
Mr Potato Head