Mind on Money

Lost a Few

Today I have fewer subscribers than I had yesterday.  I must have said something that was so upsetting that they decided to stop up their ears.

For those who were tempted to unsubscribe because they didn’t like the “politics” of my observations on the economic reality we face, let me assure you that I’ll be veering back into the unending seminar on mortgage investments before too much longer.

The TA types have begun their bearish chorus on the amREITs, though I suspect most of them still haven’t figured out how to adjust their price charts for dividends (a fatal flaw, in my mathematical opinion).  They probably deserve an answer over the next few days.

For those who came over to check out the blog after reading my article in Financial Planning, welcome.  You might enjoy checking out the Best Of page, which features the posts that got the most “eyeballs,” along with a few I liked, even if the readership fell below the levels the others on that page enjoyed.

In the next few weeks, I’ll also describe my worst investment ideas of the year, just to underscore the fact that I am NOT giving investment advice.  You can make your own mistakes and triumphs, and if you borrow some from me, I sincerely hope the successes outweigh the failures.

hh Continue Reading Lost a Few…

Swim by the Bait

Nearly always good advice.  A week later, and that bait is still attracting me, however. I basically didn’t take the bait last Thursday, but I can’t help myself now.

At a college friend’s house for Thanksgiving, I was definitely hanging with the 1% that the OWS crowd rails against.  I was surprised to hear my dear friend, a highly educated and intelligent man, repeating nonsense that political propagandists have been using as a mantra these past three years.

The facts say otherwise.

Continue Reading Swim by the Bait…