Investment Outlook: Focusing on Fundamentals vs. the QE II Distraction [View article]
Don't bailout GM and Chrysler and watch one million jobs vaporize? Don't prop the banks and watch the FDIC along with safe savers go bankrupt? Sometimes taking the medicine just stinks to high heaven, but not to do something because it is perceived as "un-American" or goes against one's ideology is just nonsense. I fix problems at work with methods that might or might not work, but won't use ideology to decide on a method. Too many people on this site believe that nothing should have been done - and wrongly believe the pain would have been short-lived.
Election Results: Big Win for GOP, Potential Loss for the Economy [View article]
Other things have changed. Used to be you could afford a house without having to have a well-paying job. My father made $3000 a year in 1965 and bought a house while raising 4 kids. And no, my mother didn't work. Looking back on it, smart parents (those in their 70's and 80's) have done quite well making the years of inflation work for them.
The SEC may be looking at the elimination of stop-loss orders as one of several steps toward preventing another flash crash, a Themis Trading white paper speculates. Stop-loss orders were not the precise cause of the flash crash, Themis says, but they resulted in "enormous damage" to many unsuspecting traditional investors. [View news story]
So, only those wired to their computers can save their butts.
Oh, the humanity? The "Hindenburg Omen," a technical indicator that foreshadows not just a bear market but a stock market crash, is predicting a market meltdown in September. Time to get out of stocks, or just a good conspiracy theory? [View news story]
7 Dividend Stocks for the Ultimate in Deferred Gratification [View article]
Worked with a guy who was in his 70's and worked part-time to keep busy. His wife died 3 months after he retired from his real job. His motto to me was "Raise hell while you can!". Life is tough to gauge, hate to have all those chips in front of me and then have the big one hit me before being able to spend any of it, and I would hate to be a Wal-mart greeter when I'm 90 to keep myself fed with cat food.
Like your points. Actually, the elimination of payroll taxes was bandied about. My wife works part time and declares zero dependents, yet pays more than triple in payroll taxes than income tax. I think the biggest mistake wasn't to put a huge amount of stimulus in infra-structure, even the simplest projects, like new water lines (we were without water for 12 hours this week because of a break in an ancient main)
Obamacare: Affordable Private Insurance Is Already Available [View article]
If our health care is the best, why are we 30th for mortality? (The French have the best healthcare system - nothing like having real doctors being part of the ambulance crew)! Why do kids die (and they do) because of inadequate healthcare?
On Nov 09 08:32 AM CLH wrote:
> Its a fact that American health care is the best in the world. No > one goes to Canada or England for an operation. It may be slightly > more costly but our care is worth it. > > Obama is a retarded socialist. There is nothing that the govt. can > do better than private enterprise.
More on ADP jobs: January's job gain is revised higher by 23K jobs to 215K. At 198K in February, job growth has slowed from the previous 3 reads, but is ahead of all the prints from March through October last year. (full report) [View news story]
"I still think"
How many years will you still be saying "I think things will be getting worse"?
A Retirement Reality: Save More, Spend Less And Invest In Dividend Stocks [View article]
At 55K a year with standard deductions, you won't be paying much in taxes. And remember, you pay no payroll taxes (SS or medicare) on your earnings. Those working 40 hrs a week will be paying much more in taxes (total taxes). I have a few more years to go till retirement and am on the same track you are on.
Investment Outlook: Focusing on Fundamentals vs. the QE II Distraction [View article]
Election Results: Big Win for GOP, Potential Loss for the Economy [View article]
The SEC may be looking at the elimination of stop-loss orders as one of several steps toward preventing another flash crash, a Themis Trading white paper speculates. Stop-loss orders were not the precise cause of the flash crash, Themis says, but they resulted in "enormous damage" to many unsuspecting traditional investors. [View news story]
A Warning for the Bulls [View article]
A Warning for the Bulls [View article]
Oh, the humanity? The "Hindenburg Omen," a technical indicator that foreshadows not just a bear market but a stock market crash, is predicting a market meltdown in September. Time to get out of stocks, or just a good conspiracy theory? [View news story]
Equity Market Ready to Make a Massive Move [View article]
The One Economic Chart That Really Matters [View article]
7 Dividend Stocks for the Ultimate in Deferred Gratification [View article]
Sick of Sycophants [View article]
Obamacare: Affordable Private Insurance Is Already Available [View article]
On Nov 09 08:32 AM CLH wrote:
> Its a fact that American health care is the best in the world. No
> one goes to Canada or England for an operation. It may be slightly
> more costly but our care is worth it.
>
> Obama is a retarded socialist. There is nothing that the govt. can
> do better than private enterprise.
More on ADP jobs: January's job gain is revised higher by 23K jobs to 215K. At 198K in February, job growth has slowed from the previous 3 reads, but is ahead of all the prints from March through October last year. (full report) [View news story]
How many years will you still be saying "I think things will be getting worse"?
A Retirement Reality: Save More, Spend Less And Invest In Dividend Stocks [View article]
Cliff Diving: Will Congress And The President Destroy The U.S. Economy? [View article]
If Stimulus Works, How Come We Need More Of It? [View article]