JOBS

From Yahoo! Hot Jobs: "As long as human beings continue to inhabit the planet, there are many worthwhile and fulfilling jobs that will never go away." The jobs listed were ACCOUNTANT, COMPUTER SUPPORT SPECIALIST, TEACHER, ENTREPRENEUR, AUTO MECHANIC, and PARAMEDIC. Please, please, please!!! They completely forgot about DOCTOR, LAWYER, MEDICAL field employee, PHARMACIST, GOVERNMENT employee. CARPENTER, PLUMBER, ELECTRICIAN, and FARMER. We all need houses, food, medical care, and transportation. Everything else can wait. That man is not a government employee - he's my grandpa.

Accountability? hahaha

From an investor newsletter - don't ask me which one - there are so many: "After receiving hundreds of billions of dollars in taxpayer-funded federal bailout money, the biggest U.S. banks say they can’t track how that money is being spent. Some of the banks are outright refusing to discuss the matter, a new study has found." Isn't this attitude just like the one that got us in this fine mess to begin with? Where's the government when you need it? Where is that famous bully pulpit I keep hearing about? Who is accountable? Hello? PLEASE. That photo shows a pressed wood violin. That's what the financial system is now made of - PRESSED WOOD. It used to be OAK.

Ken Fisher

Ken Fisher has written a book - it's titled The Ten Roads to Riches. Here they are:

1. Start a successful business—the richest road! 2. Become the CEO of an existing firm and juice it—a very mechanical function. 3. Hitch to a successful visionary’s wagon and ride along—it’s high value-added. 4. Turn celebrity into wealth—or wealth into celebrity and then more wealth! 5. Marry well—really, really well. 6. Steal it, legally—no guns necessary! 7. Capitalize on other people’s money (OPM)—where most of the mega-rich are. 8. Invent an endless future revenue stream—even if you’re not an inventor! 9. Trump the land barons by monetizing unrealized real estate wealth! 10. Go down the Road More Travelled—save hard, invest well—forever!

Good luck.

Media Panic

The Dow sits at about 8500 as we speak. By how the media is portraying the market, you would think that the sky is falling. I have already said that 8500 is about the lowest that the market will sink. Yahoo! news is writing something about the Dow "plunging." Is 150 points a plunge???? Give me a break. I strongly suspect they exaggerate (HYPE) everything just to get people to read their news articles. How unprofessional - really!!!! They have become tabloids and nothing more. I don't think they want the economy to improve since they favor a certain candidate for office (the one who wants "change"). If you have any money at all, now is the time to buy - the market can only go up. Buy 100,000 shares of anything that looks conservative and safe and in six months you will be happy you didn't panic like everyone else. Of course, if you don't believe me, get a second opinion.