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10.1.2017 - Free Investment Newsletter Bookmark

The Honest Mechanic

 (and other anomalies)

Today I’m not going to rail against the bankers. I’m not going to whine against the Fed, or call Wall street any dirty names. Nope, today I’m going to talk about something that seems to be missing from society lately. The concept of being a good person.

 

What brought this up? A few things, all bundled into a short period of time. First off, I learned quite late that a “friend” of ours had spent the hurricane and the next 16 days in the hospital. Suffering from an ulcer, he was overtaken with vomiting and actually tore his esophagus and collapsed a lung. He almost died.

Any time something like that strikes, it takes you by surprise and gives you that kick in the head to tell you “hey, slow down, remember your friends, say a kind word, etc.” 

 

But it was my trip to the mechanic’s this week, that really got me pondering just how much society has appeared to change. Quite often when the conversation tends to focus on the typical mechanic, it can get pretty harsh. I’ve heard them called rip-off artists, and all manner of criminal. How many times do you hear someone say that some mechanic did 300 dollars worth of work only to find out he really only replaced a 20 dollar part that took him 20 minutes?

9.27.2017 - Free Investing Newsletter Bookmark

Ethanol, the Problem
 
The other day I wrote a piece about dealing with the heat of Florida during a power outage, where the temp might be 94 degrees and the Humidity over 85%. I mentioned that a good gas generator, and a small window air conditioner can indeed get you through some rough nights.

9.20.2017 - Free Investment Newsletter Bookmark

North Korea
The dance continues.
 
NOTE>> A big Thank you to the folks that were generous enough to use the donate button to send some hurricane relief. I mentioned Sunday that I'd use any donate money to buy "stuff" for the people more inland than us who really got waffled in Irma. I want you all to know that yesterday afternoon, I took almost 900 dollars worth of food to 4 families that had lost almost everything in River floods. Thanks folks, you've been a blessing. 

9.17.2017 - Free Investing Newsletter Bookmark

The Storm

Hello everyone, I've made it through the storm.  I'm sorry about not putting out a letter on Sunday or Wednesday, but as you all know, Hurricane Irma made a visit to our part of Florida and well, things just took a bit of time to get 'normal".
 
For some in Florida, normal won't be for two years. For others like me, normal started showing up Thursday when the power came on. So, while I don't want to bore you with all the gory details, let me give you the Readers Digest version of things.

9.6.2017 - Free Investing Newsletter Bookmark

Again?
 
It’s Monday morning. I’m sitting here looking at the spaghetti string models of Hurricane Irma. I have to tell you, I’m not warm and fuzzy with what I see. Yes it’s a week away. However, on this particular day, 4 of the “better” models have Irma hitting Southern Florida and coming right up the center of the state.  Only one has it putting in a really hard right turn late in the week and sending it up into the Carolina/Virginia area.

9.3.2017 - Free investing newsletter Bookmark

The Plan
 
Do you know the plan? Has anyone called you with it? No? Well me neither. So, since we don’t have the plan, the only thing we can do is ask questions and try and figure out that plan.
 
We are in the most bizarre of worlds. Not many know this, but when you add up the assets that have been bought by the leading Central banks of the world, you come up with a startling figure.

8.27.2017 - Free Investment Newsletter Bookmark

Statues of Hate?
 
With all the Madness going on across the country concerning the tearing down of Confederate statues, my goal for today was to show you that slavery was NOT, not even by a small margin, the reason behind the Civil war.

But maybe as luck might have it, there’s no sense in re-inventing the wheel, and Paul Craig Roberts did a pretty good article about that very topic recently. So I’m stealing it.  Some of the highlighted or bolded areas, I did. All Credit goes to Roberts:
 

8.23.2017 - Free Investment Newsletter Bookmark

Norway did it,
 
I’ve been telling you all;  about the Central banks of the world buying up stocks and propping the markets up. Hell, the Swiss National Bank owns more Facebook than Zuckerburg does.  Well, on the heels of all that, we also have to consider the sovereign wealth funds that are also heavily into buying stocks.

8.19.2017 - Free Investing Newsletter Bookmark

End Times?

 

There are some things that you just shouldn’t try and predict. The exact top or the exact bottom of a market for instance. Another that’s been a failed enterprise for several hundred years has been people claiming the end of the world. Many Preachers have claimed to know the exact date that the world would end, only to have the sun come up the next day, and life was exactly like the day before.

8.16.2017 - Free Investing Newsletter Bookmark

Wizard of OZ
 
In the movie the Wizard of Oz, the all-powerful, all knowing Oz really just turned out to be a little man behind a curtain, with no special powers, but who had all sorts of smoke and mirrors and eerie noises he could use.

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