I was a little surprised last week when the market hit a rough patch in the road. I shouldn't have been. Every time I get optimistic about things in the equities markets, that is a clear short term negative signal.More...
If there is a convergence of forces that might actually push this economy to recession it is the sad state of the U.S. energy situation. Strong leadership is needed in Washington D.C. now to avoid a possibly painful recession. I am not saying this because the price of my gasoline is approaching $2 a gallon. I only drive 70 miles a month. I am saying this because our prosperity is at risk.More...
For most people, Windows Me is simply an upgrade that they don't need to have. You will recall last fall, I tried to install it on a Windows 98 system. I was so disappointed, I pulled it back off, but it didn't completely remove itself, forcing me to scratch the system and start anew.More...
Last weeks GDP figures indicate quite clearly that the sky is not falling in the economy. True there has been an inventory correction and growth is much slower than it needs to be to pick of the stock market. There are signs that the worst is over, both for the economy and the stock market.More...
Invoking the words and spirit of Thomas Paine, investor-turned-historian John Bogle concedes that his ideas for revamping the mutual fund industry are perhaps "not yet sufficiently fashionable to procure them general favor." But despite likening the "ills and injustices suffered by mutual fund investors" to those "our forebears suffered under English tyranny," Bogle--founder of the Vanguard Group--makes a strong case for index funds with this exhaustive study of investing.
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