Bye-bye to buy and hold

As if the past few years haven’t been proof enough, the recent plunge in stock prices may finally shut up the chorus of buy and hold investing proponents.  I’ve been saying it for a long time, but maybe hitting people in the pocketbook is the only way to make them understand. Buy and hold is […]

Less than nothing

I just read a great article on FEE.org entitled Less than Nothing that explains why the federal government should have nothing to do with managing the economy.  But the article goes further and explains that it’s now too late to simply do nothing – we need to undo the existing policies which brought us to […]

2009 Shock and Awe

I read this a few minutes ago from yesterday’s DailyReckoning.com.  It’s an excellent article by Doug Casey. I’m going to quote a few paragraphs from his article (linked above) and highlight a few items which tie into my diatribe about savings yesterday. “The things they’re doing are not only unproductive, they’re the exact opposite of […]