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jimtate

jimtate
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  • More on June Retail Sales: Strength in autos buoys the June number while demand for building materials & garden equipment (HD, LOW, WMT), as well as sales at grocery stores (KR, SVU, SWY) and restaurants looks weak. As Bloomberg notes, receipts at restaurants and bars had their worst drop in more than five years. [View news story]
    It is the price of gas and diesel. WHY can these idiots that run the country not figure this out? When we export finished gas and diesel products to line the pockets of the oil firms verses keeping it here, well, money talks but it sure hurts the rest of our economy. Get the politicos out of big oils back pockets, restrict their exports by taxing exported finished products, anything to get our fuel prices down and our economy would boom like no other time in recent history.
    Jul 15 08:53 PM | Likes Like |Link to Comment
  • The Best Retirement Investing 'Mistake' [View article]
    Tell that to those now losing their homes or have already lost them. Some are out on the street, the rest MAY have a roof over their heads. The best, in my view, is to be debt free and have 7 or 800 K invested. I can live on that, do live on it, sleep VERY well at night. Have yet to touch principle and retired at 60 is a great life, debt free. Who cares what the rates are if you still have to repay the principle, or lose it.

    JimT
    Sep 10 02:19 AM | 2 Likes Like |Link to Comment
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