Thanks to reader Cecil for submitting the below video by Fred Thompson, who is talking about the bailout mania. It’s funny and worth listening to:http://patriotroom.com/fred-thompson-at-his-snarkiest-best/What a clever mix of brilliance and sarcasm…
History Repeats Itself
Some mutual funds are being sold as the ultimate answer as to how to invest your future retirement assets. This has been the case with target-date funds, which I first wrote about during the last bear market in 2002 in an article titled “Do Lifestyle Funds Provide Greater Security?” The problem I had with Lifestyle funds then is that they …
Sunday Musings: An Executive In Need
In these times of mass layoffs, bailout programs and stimulation packages, some executives still get the short end of the stick. While this blog does not promote any support, I thought you might enjoy the heartwarming story in the following short video clip: [youtube=http://www.youtube.com/watch?v=qDC0qcf0kzE]I wonder if this was really sponsored by the Treasury… 🙂
A New Market Bottom?
Hat tip to Mish at Global Economics for pointing to this story at Bloomberg titled “Q Ratio Signals Horrific Market Bottom:” A global stock slump may have further to go, according to Tobin’s Q ratio, which compares the market value of companies to the cost of their constituent parts, CLSA Ltd. strategist Russell Napier said. The ratio, developed in 1969 …
No Load Fund/ETF Tracker updated through 12/11/2008
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpVolatility prevailed, but the major indexes ended only slightly changed. Our Trend Tracking Index (TTI) for domestic funds/ETFs remains below its trend line (red) by -11.78% thereby confirming the current bear market trend. The international index now remains -22.86% below its own trend line, keeping us on the sidelines. For more …
A Modern Parable
Reader Tom sent in the following parable (sorry, no link), which is most timely given the fact that the automaker bailout is on the front burner and has the markets moving higher in anticipation of some sort of agreement: A Japanese company (Toyota) and an American company (Ford Motors or GM) decided to have a canoe race on the Missouri …