- On 29 Nov 2013
Black Friday Debate: What are the US' problems and how would you solve them?,
freeze H1-B visas.
cut all remittances from US Treasury 5%.
eliminate or cut depts. that don't produce their namesakes; e.g. dept. of energy, dept of education, dept of justice, dept of housing, etc.
cut all military pensions 5%
cut all Federal govt pay 5%
cut military budgets 5%
- On 24 Nov 2013
Something's Weird: I'm Making Money on the Stock Market,
Bogleheads is actually giving bad advice to people.
They are still on with the baloney of "own your age in bond funds". That's absurd nowadays.
They also believe in too high a % of international stock ownership. It's not necessary for diversification nowadays either.
When I disputed the bond allocation argument, they said I was spamming and threw me off.
Vanguard has some good funds, but my funds were closed I believe. New investors have different choices than I had.
I would suggest Vanguard Dividend Growth, Vanguard Energy (not too high% for any "sector fund") Total Stock market, International growth (not too much % necessary).
Stocks probably will not keep rising at this rate (27% since Jan 1!) but you can't be worried about the ups and downs.
Your goal in life is to acquire as many shares of good mutual funds and stocks as you can before you retire. Let the reinvesting of capital gains and dividends grow your pile of shares.
- On 24 Nov 2013
Scientist Predicts 60% Market Collapse,
New renter is correct.
Also, there are different categories of businesses you can invest in that are not as volatile as the entire index.
Also, there is no need to lose money if you simply wait for the investment to fluctuate back UP if you have the patience/balls/brains.
The profits of companies like Apple are growing, not shrinking. Own Apple and you are paid $1/month/share.
You can smile a smug grin knowing that the Chinese in Shanghai buying an iPhone and iPad is paying you a little chunk of change each month. It works for me.
My little old lady neighbor is richer than God and 95. She got that way buying and holding stocks. She's owned Deere for 60+ years.
Want to see a chart? Check out Vanguard Energy mutual fund, it's invested in oil and gas exploration and production. So, who here thinks people driving cars or heating water or heating houses is going away soon?