“we have held off another 1929, thanks to the feds!”
We’re headed toward another 1929, thanks to the Fed.
– Fixed that for you.
yes, boring is beutiful, even a flat market at this moment in time is beutiful. A lot of international stocks are looking better than boring – even potentially exciting – Guess what America we ARE going to make it through this – the whole of our markets are not all cratoring – we have held off another 1929, thanks to the feds!
No stocks are boring enough to buy right now. Up and down and down and up. Every bit of news and rumor send it soaring or crashing. The fed and congress messing with it, the IMF and OPEC and G7 and even comments by the Pope, WHO or Casto effecting it. Great for day traders (traitors) but bad for investors.
My rule at the moment, is invest in things I can touch. I’ll leave the smoke and mirrors alone for a while.
I do not own bank stocks at all, never have, since banks are “blind pools” of assets. As Forest Gump said, “you never know what you’re gonna get.” My first employer, a bank, went bankrupt. I do not invest in tech or retail either; techs are too volatile and retail too trendy.
Stocks I like – master limited partnership (real assets), REITs (real assets), utilities (great long-term trend), big pharma (dividends and demographics).
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absolutely take boring in these volatile times, or if you’re young grab an inverse ETF like QID and enjoy the slide down to picking up bargains this summer!