Investing
-
The Insanity of our Stock Market
Welcome to the insanity of the United States stock market. Yesterday the Dow fell more than 1,000 points on news of the Fed cutting federal funds interest rates a quarter of point along with the promise of making fewer than expected cuts in those interest rates. And why precisely is this bad news? Why is…
-
Rip van Winkle
I want you to be rich and wealthy when you are my age which is 69. I don’t want you to be struggling. I’m not struggling, but I could’ve been doing a lot better than I am. I didn’t know any better when I was young. I didn’t have anybody to teach me anything about…
-
Play the Long Game
Don’t be a day trader. Don’t try to figure out the stock market. You can’t figure it out. The only rule that seems to hold true is that the stock market goes up overtime. If you try to time out the stock market in the short run on any stock or commodity, you run a…
-
The Seductress
The main thing you need to know about the stock market is that it’s rigged. It’s always been rigged. It’s always going to be rigged as long as the knuckleheads are in power. If they had wanted to not rig the stock market, they would’ve done it. But why would they want to do that?…
-
Set It and Forget It
When you invest in a company, invest no more than you can afford to lose while adopting the set it and forget it theory. Don’t be a day trader in that stock or company. Day trading is pure misery, and you won’t win anyway. You’ll never beat the high frequency traders. You’ll never beat the…
Cowboy Archer 