Financial Vagabond

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 boomers is [...]

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 with a self-directed account. [...]

“The best therapeutic move for long-term investors is to turn off your TV so as not to get caught up in all of the sensational headlines. The stock market has been and will continue to be the best source for wealth creation over the long-term.” –Patrick J O’Hare, Briefing.com I love hearing that the stock [...]

Secretary Paulson just issued his press release and I gained absolutely no confidence in the current situation.  Actually I’m more concerned than before as he said that the “banking system is safe and sound“.  Will someone please tell me how the banking system is safe and sound when major institutions are failing?  Bank of America was just [...]

What concerns me most is looking at the highly probable future outlook… The gov’t is looking to bail out the Freddie and Fannie (dependent upon congressional approval), which will help out new, but not existing home buyers. By adding their debt the gov’t is using our tax dollars and inflation adjusted dollars to secure them. [...]

I was originally going to write a post about how we always hear about the “New World Economy” prior to any boom / bust period.  This time I think the rules have finally changed as the United States is losing if it hasn’t already lost its status as the number one superpower, we are now [...]

GDP cries foul! When the numbers emerged today I was shocked. After my initial amazement sunk in I started to wonder what was “really” going on here… My eighth grade science teacher (yes 8th grade was a long time ago) managed to prove through statistics that I and everyone else in the class didn’t exist. [...]

So, investing is an art form much like any of the other “things” we do in life. If you are a musician you must practice until you become proficient, and then to become a master takes many years of dedication. Even then there will be people above and below you in terms of proficiency and [...]