Old Bull

Investors Beware: Reporters Trying to Help

Try and pack everything that you've written here into the space she had! Sure she could explain at length about asset classes and sectors, but, unlike us, she must write to a specified length. Given the constraints, she did a good job.

Time To Abandon Stocks?

Very well said! Headlines today say Buffett is now predicting a "colossal" recession. In fact he's just been saying -- as he has for weeks-- that it simply will be longer than many think. That hasn't stopped him flying to Germany to shop for bargains.

M3 Money Supply and Inflation: Got Gold?

Retirees aren't crazy. They don't finance their day-today income by eating their seed corn. For income they use fixed interest income, stock dividends and social security. They keep stocks for growth and diversity. Boomers won't dent the stock market by wholesale selling of stocks. Most who are in, or close to retirement, follow conventional advice and have ALREADY moved a substantial part of their stock holdings into fixed interest investments.