Why Don’t We Buy Stocks When They Are on Sale? [View article]
The same reason I do not by foods laced with hydrogenated vegetable oil,corn syrup,MSG,dextrose, disodium phosphate... even if they are on sale. I will buy a nice fillet mignon on sale at whole foods. Mutual funds bring all that other gobbley gook even if you do not see it, you need to read the labels or you end up with toxic junk. This is stock picking time. I do not want a basket of junk food.
Financial Warning to the U.S. Government [View article]
Brad, Thoughtful article.We do need to think in new ways with cooperation and the ability to consider many points of view. I find roncees comments simplistic. Calling human beings vermin is offensive. At times of stress it is easier to look for scapegoats than to feel the pain of loss and uncertainty. I hope we as a nation can face these challenges with dignity ,intelligence and the willingness to make sacrifices. These attributes will be required if we have any hope of dealing effectively with this historic mess. This prementioned behavior should go a long way in improving our perception in the global markets.
An increase in margin requirements makes perfect sense. What percent of our economy and income has been from an increase in leverage at all levels. We have had a massive sense of denial in personal , public and the financial community. This of course has proven to be unsustainable. Eventually reality impinges on our collective denial.
Service-Based Economy Is Progress? Show Me the Money [View article]
Why Don’t We Buy Stocks When They Are on Sale? [View article]
Finuked: Where Are the Bunkers? [View article]
Financial Warning to the U.S. Government [View article]
The Sting of American Capitalism [View article]