I always wonder how valid the AAII poll is. It's a self-selecting poll. Only those so motivated to go to the web page respond. It's not like they go out and poll a random sample of individual investors.
Hear, hear! What a novel concept, people paying for the government projects and wars that they demand! You mean our grandkids shouldn't have to pay for our rebate checks and gas tax roll-back?
Since that doesn't seem likely, I'm advising my kids to aspire to a career in public safety: * highly respected and therefore "untouchable" profession * government is a stable industry without cutbacks * well above-market wages * very generous benefits * early retirement * extremely generous pension and retiree health benefits. There is nothing close in the private sector.
ARM Resets to Hit the Fan in 2008 - WSJ [View article]
A definition for Ms. Bair:
Moral hazard is the prospect that a party insulated from risk may behave differently, for example, that an insured party's behaviour will be more risky than it would without the insurance. Moral hazard arises because an individual or institution does not bear the full consequences of its actions, and therefore has a tendency to act less carefully than it otherwise would, leaving another party to bear some responsibility for the consequences of those actions.
Bypass the Depression and Head Straight for 1907 [View article]
www.npr.org/templates/...
AAII Bearish Reading Above 50% [View article]
Hardball in Vallejo, California [View article]
Since that doesn't seem likely, I'm advising my kids to aspire to a career in public safety:
* highly respected and therefore "untouchable" profession
* government is a stable industry without cutbacks
* well above-market wages
* very generous benefits
* early retirement
* extremely generous pension and retiree health benefits. There is nothing close in the private sector.
Heck, I'm thinking of a career change myself!
6 Reasons U.S. Stocks Will Outperform Foreign Stocks in 2008 [View article]
Global Selloff May Not Doom U.S. Today [View article]
There’s Only One Right Way to Build a Portfolio [View article]
ARM Resets to Hit the Fan in 2008 - WSJ [View article]
Moral hazard is the prospect that a party insulated from risk may behave differently, for example, that an insured party's behaviour will be more risky than it would without the insurance. Moral hazard arises because an individual or institution does not bear the full consequences of its actions, and therefore has a tendency to act less carefully than it otherwise would, leaving another party to bear some responsibility for the consequences of those actions.
-- en.wikipedia.org/wiki/...
The Advantages of Asset Allocation [View article]