Kelly Lieberman

As Good as Gold?

From Larry's website:

Larry Swedroe joined Buckingham in 1996 and co-founded BAM. Beforehand, he had served as senior vice president and regional treasurer at Citicorp, and later become vice chairman of Residential Service Corporation of America, a residential mortgage company.

"The successful
formula for investors is to build a globally diversified portfolio that meets their unique ability,
willingness and need to take risk. Then, they must ignore the noise of the markets, the media and
Wall Street propagandists; and simply rebalance the portfolio along the way."

You are right, but haven't listened to your own advice. Ignore the noise of the markets....and rebalance.

The rest of us are rebalancing our portfolio. We are ignoring the noise of the market and paying attention to the noise of the marketplace! That noise is telling me and others to buy gold. Too bad you are not listening at all.

An Open Letter to the Plunge Protection Team

I have been long on GLD, SLV and precious metals in general as soon as I saw the crooks getting rewarded for losing middle class America's retirement funds...
Oil is risky business, and it profits those who clearly wish to do us and most of the stable world the most harm. Bush and his cronies have lost the war on terrorism by feeding our wealth to the very nations that support the terrorism and weapons of mass destruction that they claimed were there in the first place. The stupidity astonishes me.
But these are Texas oil guys, "bring on the 10 gallon hats, and let's shoot each other in the arses!!". While they rake in their oil profits they will leave behind a country in ruins. There will be no place here to spend and enjoy their wealth so they might as well move to Dubai!
Give us the next 20 years of civil unrest and poverty to work out the mess you good ol' boys created on your watch while you blame the Democrats from your perch in Saudia Arabia....