The Chickens of Irresponsibility Come Home to Roost Under Obama's Reign [View article]
I question how a country more oriented toward "fairness" and political correctness can compete with countries where people are willing to work because they know the alternative is starvation for everyone. I believe this country has to (and will) go through very tough times to go back to the days when we valued hard work and thrift, when CEO's were not raping their corporation, and when jobs were awarded on the basis of merit, not quotas.
People in the UK might have survived on $10 a gallon oil, but England is size-wise more like a U.S. state. They are able to take trains, buses, and tubes for most transportation. Try doing that in Florida.
I could not agree with the author more. In 2000/2001 I lost 30%. It was painful , but over the next 3 years added back the 30% plus another 30% as well. As John Galbraith said, the money is made when the blood is running in the streets.
The Screws Tighten on Apple Investors [View article]
Why is it difficult to invest in a bear market? Unless you are a day trader (i.e. gambler rather than investor) it is very difficult not to find outstanding bargains in a bear market. As in real estate, you make your money when you buy.
The Chickens of Irresponsibility Come Home to Roost Under Obama's Reign [View article]
Options Trader: Tuesday Outlook [View article]
What a Time to Be a Value Investor [View article]
The Screws Tighten on Apple Investors [View article]