During a Recession – Investing Success

An Invitation From “Financial Widgets”

Home of “Trading To A Million” 

 

It is not very often that I get a chance write such an article that is so close to my heart but I wrote one for “Financial Widgets“, a new blog of mine, that incorporated a ideas I learned in high school English.  It was easier to write than I thought it was going to be.  I’ve written a few articles for “A Mind’s Diet” that were as, well…  unusual.  If you’ve been following this blog then you might find this one interesting.  

The story begins in a restaurant with a chance meeting of a previous acquaintance which illustrates that not all stock traders are soulless bastards who only have their own greed in mind.  Some of America’s greatest minds still work in the industry and are still successful.

I urge you to pop over and read this story, not for any other reason other than the enjoyment of reading something not simplified to a point where the English language is uninspired and dull. 

The Quixotical Concepts of Investing –  A Short Dalliance With the English Language For Investment Success

While there at Financial Widgets, you may want to look over the “Trading To A Million” series, especially the year in review

 

Saving for a Smart Car – Buckets of Food for Pennies

Saving for a Smart Car –

 Buckets of Food for Pennies

The Food Budget Owner's Manual

The average person, not just the average family, can save $200+ a month on their food bills alone.  If you started now, you could save enough money each month to purchase out-right,  a smarCar in 6 years.   

This is a shameless plug.  Why Shameless?  If you knew something that could save almost anyone 10’s to 100’s of dollars a month, 1000’s of dollars a year, would you want to tell someone?

I do.  And I do.

It may seem like common sense, and everyone knows these things, right?  Then why do you spend roughly 50% more on food every month than you should?

Oh!  OK.  I understand you’re not a coupon-clipper.  Neither am I.  But I still don’t spend more than I should on food each month.  And, I eat pr-e-t-t-y good.  There is no food inflation in my house.

If someone who is single and not responsible for buying their own food can save someone $65 a month just because they read this book then maybe someone who has a real monetary interest in having money to eat on can save a lot more.

Still don’t know what I’m talking about?  Take a gander to Buckets of Food For Pennies and while you’re there you might want to sign up for their newsletter.  If nothing else, it has a smashingly good cookie recipe that comes with the first-edition Welcome letter.   Who knows?  Maybe you’ll be riding around in a smartCar.  You know they don’t call them smartCars for nothing.

Patrick

Recession: Loose Ships Sinks Lips

Cruise Ship Analogy pretty, pretty close.

I was asked when I first posted on the “coming” recession why I chose a cruise ship to represent the economy.  I think it fits.

https://datafox.wordpress.com/wp-admin/post.php?action=edit&post=27

I was asked why the last one I wrote sounded like I gave up trying to explain where the economy is going.  I think that fits as well.

Back in March when the DOW was last below the 12,000 mark it carved out a pretty sharp V.  I heard one stock  market pundit on TV say that while we weren’t looking the market bottomed.  Many people expressed that same philosophy since then but I haven’t heard them say that today. 

I had to laugh.  The market won’t hit a true bottom until everyone, important enough to say that again, EVERYONE, gives up on it.  They call that capitulation. 

You’ll see it if you watch the headlines.  I haven’t seen it yet.  As of close as the beginning of this week I saw a chart saying that the economy really wasn’t as bad as people thought.  That chart and article was the proof that the bottom wasn’t 11,600(+-) that I was hearing.  The Loose ship syndrome.

Today the Dow closed at 11,453. 

I can truly tell anyone interested that the headlines don’t lie.  Sometimes they just don’t tell the truth.  Its the loose lips syndrome.

For any others that just won’t listen?  It’s the Loose Ships Sinking Lips syndrome.

Remember this one when I again point out TIPS and MyCustomDictionary as being the next big thing in web marketing. 

Patrick Lalande 

Its too late for us. Save yourself!

One more chance to save yourself

PATRICK LALANDE ON WORDPRESS

It’s been a long time coming.  On the news that the Federal government is backing the the economy with 100% aggression the stock market boomed. Up 400+ points yesterday (3/18) and currently (delayed price) up another 54. Gold plunged, financial stocks popped, and optimism has re-entered the dance. 

Yesterday was a nice sunny day here where I live. Through observation, it seemed that the weather couldn’t wait for spring and decided that it would give us a preview.  And then the Feds cute their interest rate by 3/4 of a point.  Hugh. HUGH!  How hugh?  That cut amounts to a 25%.  You didn’t get that on your credit card interest. I’d say that the big boys have a new big toy.  No, not a new maserati or a new corporate jet.  Not the new, 10,000 sq. ft. summer house that they live in for 6 weeks a year.  Not the physical trapping of wealth that you might think.  No.  Not those.  I’m talking about the game piece the financial crisis threatened to take away from them.  I’m talking BIG!  I’m talking the Federal government and the American economy. Continue reading

People lie. Prices don’t.

Recession mystery deepens, Plot thickens, Clues in Headlines 

PATRICK LALANDE ON WORDPRESS

Hey! NOT JUST  a heads-up for the market watchers.  

After the DOW dropped 155 points yesterday somebody might think that today could be a dead-cat bounce sort of day.

Here is something to think about.  Of the two headlines I read today, I get suspicious.  Continue reading

Testing, Testing 12,000? Cruise passengers and market soon to get wet

Beauty is everywhere, if you know how to look

PATRICK LALANDE ON WORDPRESS

A funny thing happened while the economy was cruising towards a recession

Another passenger on the same cruise ship I’m on, looked over the rail and said,

“I think I see the bottom of the water.  Look at all the pretty fish.  I like how the sunlight being filtered by the water, creates a texture on the ocean floor.”

I didn’t believe what I was hearing.  I turned to look and saw a younger man eerily unperturbed with the way the ship has been acting.  Didn’t he know that we were in imminent danger of running aground?

I composed myself by physically closing my mouth and making sure I was standing as erect as possible.  Turning completely to face my fellow passenger I had to ask him; “You don’t seem too concerned.  Aren’t you worried that we may not get off this ship alive?” 

To that he replied, “The ship isn’t going to sink if we run aground.  Besides, I just learned how to swim just because I was going on this cruise and I took out travel insurance.”

My thoughts wandered as I absorbed what he was telling me.  He was right.  For those that plan ahead, the most that should be a concern is getting a little wet and the inconvenience of the risks.

And then I caught myself thinking,..You know?  It really was cool, how the sunlight being filtered by the water, creates a texture on the ocean floor.”

World Business Academy Blog – The spot-on dog blog for the recession-minded

Once you get past the political slant and get a really clear view of just how the little guy can get creamed in this economy, World Business Academy Blog and it’s post “Wages. Remember them?” makes it real clear what I’ve been saying all along. 

If you talk to the common man on the street, the description of his life is a lot different that what you hear coming from “the boys up top”.

And then read the article, ” Credit Card Reform May Be Possible” , on credit cards below that if you really want to get riled.  Continue reading