I haven't been reposting my posts from my main blog. But then again, I haven't been posting much here at all. So I apologize to all of you readers who have subscribed and enjoy my posts. But I am committed to dropping by here and blogging some thoughts to you as friends and fellow investment nuts as it may be.
Please visit my main blog,
Stock Picks Bob's Advice and you can read about my many stock ideas and commentary where I still write on a regular basis.
Thank you all for your kind words and thoughts on my own personal loss. My life really is back to normal and I am working (yes I have a very busy day job) and blogging far too many hours on the computer. I very much enjoy sharing with all of you my thoughts on investing and my occasional political rants.
On a political note, it distresses me that there aren't more people who believe in the oldest of biblical directives that we should all be our brother's keeper. I am very much a capitalist who believes in capital markets, stocks, bonds, private enterprise. At the same time, we need to work to narrow income gaps, improve the healthcare of the nation, enhance our environment, improve our finances, and work to make the world a better place to live for us and our neighbors.
Recently we have failed in all of that.
Our markets are paying the price as well. The massive deficits due to a fraudulent 'supply side economics' theory that advances fiscal deficits and leads to mounting national debt, declining dollar values, and inflationary pressures has to be exposed as the fraud that it is. The latest campaigns to enact a 'fair tax' as it is called that turns to a regressive sales tax instead of a progressive income tax is outrageous. Of course, we need to streamline our income tax process. But it is also obscene to have CEO's earning $100 million/year when we cannot even agree to raise the minimum wage to keep up with inflation.
On investing, I have advocated quality investments. Of course everyone speaks of quality which becomes sort of a meaningless adjective. But for me quality is about consistency. Steady growth in revenue, earnings, stable shares, solid balance sheet, and an encouraging price chart. There are few stocks out there that meet these criteria today.
Patience.
Silence.
Listening to your portfolio. Don't rush anything. Let them come to you. It really is a Zen approach.
Anyhow, thank you all again for your friendship. I shall get through this one just fine. We shall get through this era as well. Let us not grow up and lose our idealism, our hopes for the future, and our goals to improve things. Let us all work to leave our mark on this world by making it just a little better than it was when we arrived. We have so much work to do.
Bob
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