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I had to go peep at my tiny little portfolio last night at 3am. On a "good" note, most of the stuff I bought was 2 days after the 1987 crash so I bought in when the market was like at 1890 and after 9-11 i moved most of the profits into either long term annuities or indexing funds. So as long as Dow stays at least around 8K I'm still pretty good for my original 10K investment.
Some good advice I received years ago while working for Salomon Bros....Buy it and Forget it. I know there are "other" schools of thought regarding this but if you buy what you love and use, how can you go wrong?
I don't think we've seen the bottoming out of the subprime market and an 800.00 windfall isn't going to go very far economy wise. Encouraging people to actually put money into savings so that banks can use it to loan to small emerging growth businesses will stimulate the economy and jump start the down trending job market. Of course this is what a Republican president is SUPPOSED to know but apparently the last few have lost that POV.
I was watching House Hunters INTL yesterday and the Caribbean is looking better and better.
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