The Looming Threat of Peak Water, Part II [View article]
Absolutely spot on. For the last two years, I've been transferring what little stock holdings I have into water: PICO, BWEL.PK, ARTNA, CCC, MPR and I have a solar distiller to convert sea water into potable. I'm not a survivalist nut, just a realist. Wars will be, and are, being fought over water. There's always a natural resource behind every conflict--like the water that the Gaza strip holds (ngm.nationalgeographic...) Here's an article from the Boston Globe about water and investments: www.boston.com/bostong.../.
No Rest for the Economy's Wicked Parties [View article]
Thanks for telling it like it is. In all seriousness, where can one emigrate in this world with civil rights (this eliminates China), clean water (eliminates half the geography of the globe), and where one won't be affected by the maelstrom that will develop when the US implodes? I live in California, the 5th largest economy in the world and we are essentially bankrupt. Everything seems fairly normal, but there is a sense, for those of us who watch economic trends, that the "big one" is coming--and I don't mean another earthquake. What should the "average joes" and "janes" do?
News Flash: Major Market Turns Aren't Announced In Advance [View article]
I bought my first house in Venice, CA in 1983 during a falling market for $160K. Six years later it was worth $350K. Two years ago I moved to Santa Barbara from Ventura and read the advice of the few contrarians who were sounding the alarm on future house declines, so rented out my home and rented here. Everyone thought I was nuts because prices were soaring and popular sentiment was that prices would never come down because the supply of houses was limited and the population increasing. Now Santa Barbara/Goleta is down 29%. At the end of last year, I read contrarian articles on Seeking Alpha on the coming stock decline--once again during a strong bull market. I listened to the contrarians, sold most of my stock and bought smaller positions (from advice found on Seeking Alpha) in POT (almost doubled now) and AAPL (up 21%). In economics class in college, I read good advice that has served me well in the many years since then--when everyone's gung ho and sure the current boom will never end--get out quick! When everyone turns glum and denies any glimmer of hope--jump in! I'm in the market for a house and I'm seeing nice properties with tons of amenities at bargain prices. I wish I had a pile of cash to buy up rental property here on the Central Coast because houses are popping up where the rental could pay the mortgage. Let the people who just woke up rant, quietly buy up stocks and real estate.
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Latest | Highest ratedThe Looming Threat of Peak Water, Part II [View article]
No Rest for the Economy's Wicked Parties [View article]
Qualitative Easing: Shock and Awful [View article]
"Qualitative" or "Quantitative"?
Sports Illustrated Swimsuit Indicator [View article]
Those Who Don't Learn from History... [View article]
Unfortunately, these "dinosaurs" could care less--like the investment co. CEO's--they'll keep their personal millions and go on to future jobs.
Why were we so worried about terrorists? Harvard-educated, greedy Americans brought our country to her knees.
News Flash: Major Market Turns Aren't Announced In Advance [View article]