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Author Topic: Peter Schiff Cut Off By CNN for Speaking Truth  (Read 4302 times)

Offline TRX

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mythology Re: Peter Schiff Cut Off By CNN for Speaking Truth
« Reply #15 on: February 24, 2009, 04:43:31 PM »
Or maybe they're just bummed about A-Rod.
thx

So economic rallies are tied to baseball and/or Santa Claus?

http://www.forbes.com/2009/02/23/girouard-stocks-bonds-financial-adviser-network_returns.html

I liked seeing some basics covered here.

Let's Bury The Myth Of Averages

Here are some old lessons for the new post-mythology era:
Quote

1. Stocks and bonds are not investments to be judged on a daily, monthly or even yearly basis. The question should be: Is this a good decision for 10 or 15 years from now? That's true financial planning.

2. Stock and bond investments should not be made with money you might need in the next three to five years. That money should be socked away in a cash-equivalent vehicle, which can range from plain-vanilla bank CDs to cash-value mutual life insurance.

3. Buying a home should be seen as a long-term forced savings plan that grows at about the rate of inflation, not as a speculative investment.

4. Like the proverbial watched pot that never boils, our addiction to television financial news and online portfolio tracking does not help us grow wealth. It distracts us from the rest of our lives at best; at worst it makes us vulnerable to making emotional decisions fanned by fear or greed that could invariably sabotage our futures.

5. It is educational to look at statistics, past performance, charts and other tools that measure where we've been. But it's important to remember that you can't drive a car while looking in the rearview mirror.

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Offline TRX

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Edu/econ Re: Peter Schiff Cut Off By CNN
« Reply #16 on: March 03, 2009, 07:29:18 AM »

http://www.amazon.com/Race-between-Education-Technology/dp/0674028678

While enjoying some entertainment, I was surprised to hear a serious recommendation of an education/econ book.
Curious now. It sounds like a textbook, has anyone come across



The Race between Education and Technology
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Offline Sweeper

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Re: Peter Schiff Cut Off By CNN for Speaking Truth
« Reply #17 on: June 11, 2009, 12:06:38 PM »
Looks like Peter Schiff might make a run for the Senate in CT.

http://blogs.cqpolitics.com/eyeon2010/2009/06/investor-and-financial-comment.html

I hope he does, if only to make the debate more meaningful


 

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