Welcome to the Financial Hard Truth – Can You Handle it?
Welcome readers. Are you new here? Click my face to learn more about this site ....
Selecting an Ideal Beginner Investment
What is the best first investment for the beginner? This baby knows. Read on and I will explain.
Frugal Living – Have I Seen the Light?
A frugal experience sheds light on the bigger financial picture. Click the sunrise to read this post explaining it all ......
Obama Wipes the Noses of Crybaby Consumers
Are you fed up with crybaby consumers and their credit card problems? I am. Click the sign to read today's rant.......
So Why are Economists Behind the Wheel?
The economy is wobbling down the road. I'm not 100% sure we have the right folks behind the wheel. Others seem to agree. Click the curve to read more....
Stimulus Plan Saves the States – from What?
Is the stimulus plan saving Americans from the tax and spend monster? Click the Godzilla to read the answer....
Money and Behavior
The Hurricane that Keeps Spending Our MoneyWe have another post-Katrina announcement from one of Louisiana’s bevy of incompetent...
Drive Thru Americans: Fat and BrokeFor some reason this summer I have been paying attention to breakfast traffic at...
Lines for iPhones – Really?People are lined up at Apple stores to buy the latest and greatest iPhone. Really? Are...
Personal Finance and the iPhone AffectHow many hours will you waste this year staring at your hand? That’s the rhetorical...
Disciplined Customers Bad for BanksIf you have a disciplined financial life, you don’t bounce checks or overdraw...
Read More Posts From This CategoryEconomics
Real Estate Stimulus FailFor two years I’ve preached that artificial means to prop up an inflated real...
The BP-Induced Economic HangoverPresident Obama made promises last night on behalf of the federal government for...
Municipal Bonds for Junk CollectorsPoor financial management exists at all levels of government. City politicians have...
Bracing for Second Real Estate Collapse?Recent reports of home sales and pending contracts are favorable. But is this just...
Investing for a Worst Case ScenarioThe past two years have seen endless bailouts and rescue attempts initiated by the...
Read More Posts From This CategoryInvesting
Is a Crash Coming?I can’t add much to a recent article from the Wall Street Journal. It contains a list of ten reasons why the market may due for another a big drop. They are reasons based on logic, not hysteria. [Read more of this post] Read More →
Re-thinking Asset Allocation and CorrelationA bedrock principle of asset allocation for the long term investor is asset correlation. The theory is that a properly allocated portfolio includes investments in different asset categories or classes that are non-correlated. This means that as general market and economic conditions change, the different asset classes won’t experience a lockstep... [Read more of this post]
Bank of America Withdrawal and Investment SimplificationYesterday and today I continued the process of disengaging from our relationship with Bank of America. [Read more of this post] Read More →
Anticipating a Second Market CollapseThe doomsday investors and prognosticators are out in full force. They are predicting another collapse of the markets. I am concerned, of course, as I am in the retirement home stretch. There are plenty of theories for why we should expect more bad news. [Read more of this post] Read More →
Boosting Our Gold HoldingsWe made a small adjustment in allocation of assets in our taxable investment accounts. I can’t say I feel great about it but that’s OK. [Read more of this post] Read More →
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