Financial Vagabond

Sometimes your environment is a great tell of what to expect in the future.  All may look great, but beneath the surface lurks a silent disease.  Enough with the metaphors…
I was in line this morning grabbing a coffee when the person in front of me being wrung-up paused at his total bill of $15.00 and [...]

This is going to be short and sweet… We’ve broken the lows from 2003. It is very possible that we go much lower from here. We may get a bounce, but there seems to be a major lack of buyers. I wouldn’t be surprised to see a gap down tomorrow as [...]

The following are responses that Richard Maybury gave in an interview with Investor Insight.
He makes a case for the coming of a great inflation. We haven’t seen the beginning yet as we are still going through a process of de-leveraging.
–Article–
Obama is a boomer, and I think an understanding of the [...]

Retirees a threat… reading that sounds absurd to me. However, take a moment to think about it. Say I’ve been putting money into my retirement savings for many years and I’m about to retire. The general prescription for retirement accounts is a variety of approved funds, unless you’ve elected to go [...]

Will someone please explain why those who take undue risks get the most support? I’m not behind on my mortgage payment, I pay my bills on time yet I’m not getting any governmental support.
Troubled Homeowners: article
To qualify, borrowers would have to be at least three months behind on their home loans and [...]

I’ve had this nagging in the back of my head saying something foul might be looming out in the near future.  Normally I don’t watch Bush on TV or listen to him on the radio as I can’t stand it.  That aside I watched and listened to his speech today.  It sounded good… all this [...]

Link
The hedge fund giant, whose flagship fund is down almost 40% this year, denied a Wall Street Journal report that banks were demanding increased collateral as its losses mounted. Gerald Beeson, the firm’s chief operating officer, said Friday that it was meeting its daily collateral requirements with Goldman Sachs, Deutsche Bank, Merrill Lynch and others [...]

This is a departure from what I normally write about, probably because I’m moving in the direction of becoming a trader.  However, normally only about 2% are actually profitable, which is where I plan to be.  One issue I’ve been running up against is trying to quickly figure out a good stop-loss point taking into [...]

If my emotional barometer is any indication of where people’s minds are at the moment then I can only label it as coming down or recovering from a major hangover. It is the Sunday afternoon after a big night out sipping on your bloody mary to ease the pain.
We have been living on credit and tons of [...]