Individual Investor Challenge: Can You Succeed by Going It Alone? [View article]
Most of the "so called professional money managers" do not outperform even the indexes. Individuals who don't even read can beat them by simply buying SPY and QQQ, especially if they dollar cost average into the index they buy. Regarding "If you needed to get your car fixed, you would look to an expert in car repair"....yes, but if you find out later that the engine repair for which you just paid $2k could have been done for $500, you will look for a different expert next time.
The Bailout Pork Effect: Short Term Rally, Long Term Disaster [View article]
What happened this week is exactly what it takes to transform a great country into a weak one. Populace is still complacent, leaders have no guts. Power and wealth of a great country is being shipped out right before our eyes, and there is not much anyone can do, because reversing the course of wreckless spending and borrowing is the only option on the table. The only question asked is do you want to borrow more or less, has anyone ever asked if we should borrow at all and reduce the spending.
Individual Investor Challenge: Can You Succeed by Going It Alone? [View article]
The Bailout Pork Effect: Short Term Rally, Long Term Disaster [View article]