FOLLOWING IS NOT JUST A BIO, BUT ALSO AN ORDINARY, HARD WORKING CITIZEN'S OPINIONS OF OUR FINANCIAL SYSTEM AND THOSE WHO SUPPOSEDLY REGULATE IT. I HAD AN ENGINEERING EDUCATION. RAISED A FAMILY IN NORTHEAST AND LATELY IN SOUTH EAST. HAVE 3 RESPONSIBLE WELL EDUCATED CHILDREN. COLLEGE ED. WAS EXPENSIVE. (NOW I WISH I HAD FINANCE ED.)
HAD REASONABLE SUCCESS IN ENG'G. STARTED INVESTING IN LATE 80'S EARLY NINETIES. MISSED LATE NINETIES MARKET RISE BUT SUCCESSFULLY!!! CAUGHT 2000 CRASH. I WAS ALSO SUCCESSFUL GETTING SLAMMED BY 2008 CRASH (DUE TO ILLNESS DID NOT KEEP UP WITH THE MARKET. WHEN I WAS FINALLY BACK MY PORTFOLIO WAS ALREADY DOWN 50%).
LATELY I DISCOVERED SEEKING ALPHA. I REALIZED IT WAS ONE OF THE ...More MOST STRAIGHT FORWARD WEBSITES I FOUND. I AM FINALLY IN THE PROCESS OF EDUCATING MYSELF IN THE ASPECTS OF INVESTING FOR RETIREMENT. ( I THINK, ALL THE CLAIMS THAT: "ALL A NON-PROFESSIONAL INVESTOR HAD TO DO WAS TO FIND DECENT MUTUAL FUNDS AND HE WOULD BE ALRIGHT) DIED WITH THE RETIREMENT OF PETER LYNCH. I AM RETIRED NOW AND THE FUTURE IS SCARY. THEREFORE I AM NOW REGULARLY READING SEEKING ALPHA TO HAVE DECENT INFO AS TO HOW TO BREAK EVEN OR EVEN INCREASE MY 401 K ACC'T VALUE A LITTLE. EDUCATIONAL MATERIAL AND OTHER SUGGESTIONS ARE MUCH APPRECIATED.
I HOPE OUR GOV'T AND THE CRAZY, UN-AMERICAN NEOCONS DO NOT DO ANY MORE DUMB THINGS AND SET THE WORLD ON FIRE. WHY CAN'T OUR DECISION MAKERS GET SOME LESSONS FROM CHINA. AS LITTLE AS I UNDERSTAND, EVEN I CAN SEE THAT WE OPERATE ON "GREED IS GOOD" THEY OPERATE ON "ALL IS FOR CHINA NOT JUST BUSINESS".
I WOULD VERY MUCH LIKE TO SEE "SEEKING ALPHA" DEVELOP A MORE "PEOPLE ORIENTED" ATTITUDE. I AM ALMOST 75 NOW AND DURING MY VOLUNTEERING EFFORTS WITH THE SHEPHERDS CENTER IN WINSTON SALEM, I SEE INTOLERABLE MISERY AMONG THE LESS EDUCATED, SICK AND HOPELESS CITIZENS WITH NO SKILLS TO MAKE A DECENT WAGE. I ALSO SEE WELL EDUCATED PEOPLE WORKING IN MENIAL JOBS TO SIMPLY MAINTAIN THEIR EXISTENCE. WHAT IS HAPPENING TO US? WE HAVE ALL THE REASONS TO BE GREAT, YET WORK TO DEMEAN OURSELVES TO THE DEPTHS NO ONE HAS REACHED IN HISTORY. ( AS AN ENGINEER I KNOW, REPEAT, I KNOW NO ONE ELSE COULD HAVE PULLED THE 9-11 TREASONOUS ACT.) AND YOU KNOW BETTER THAN I, WHO PULLED OFF THE LAST (AND ALL PREVIOUS) FINANCIAL CRISES.
SEEKING ALPHA IS ONE OF THE ORGANIZATIONS WHICH CAN SHOW A DECENT EXAMPLE AND THAT WILL MAKE IT AND ITS CLIENTELE GROW IN EVERY RESPECT.
MAY GOD BLESS US ALL,
E. ERGINER
PS: YOU DON'T HAVE TO PUBLISH THIS RANT AND WISHFUL THOUGHTS. BUT I DON'T MIND IF YOU DO. THX.
HAD REASONABLE SUCCESS IN ENG'G. STARTED INVESTING IN LATE 80'S EARLY NINETIES. MISSED LATE NINETIES MARKET RISE BUT SUCCESSFULLY!!! CAUGHT 2000 CRASH. I WAS ALSO SUCCESSFUL GETTING SLAMMED BY 2008 CRASH (DUE TO ILLNESS DID NOT KEEP UP WITH THE MARKET. WHEN I WAS FINALLY BACK MY PORTFOLIO WAS ALREADY DOWN 50%).
LATELY I DISCOVERED SEEKING ALPHA. I REALIZED IT WAS ONE OF THE ...More