Mad Money Machine

NP (Nick Pardini) interviewed me on his RR (Rational Rants) podcast (Episode 9) asking me about the FED, the gold standard, and active vs. passive investing. Get it at CommonSenseMag.com or thru his feed. I kinda forgot to finish my answer to his question about “what got me to this revelation about passive investing and don’t I have the urge to do active trading?” I went on about the recent credit crisis and forgot to mention that at that time I did sell some of my ETFs and mut...more

I just listened to an hour long podcast from This American Life that explains the current credit crisis by talking to some of the guys in the chain of the crisis. From the guy with No Income No Assets taking out a half million dollar mortgage, to the guy selling it, to the guy buying it, to where they are today. From $1000 bottles of champagne to asking daddy for money. The episode is 355: The Giant Pool of Money and if you’ve got an hour, I definitely recommend it. You can either listen o...more

As you can tell, I have given the web site a new look today. Does it work for you?

Steel pennies, really? Ten WORST GAMES. Budget tightening. Photo Story. Negative comments! Symbiosis. Planned Obsolescence in investing? I ENCOURAGE you to Download this show thru iTunes! But, if you just cannot deal with that then go ahead and Play the new show right now The Mad [...]

I have a question for you trend followers. You chart watchers. You technical traders. Have a look at this chart and tell me if it is time to buy or time to sell. Looks like the momentum is up on this baby right? Time to buy? Here’s how it worked out for you… The first chart was from roughly May 1998 thru April 2001. The second chart was from about April 2001 thru March 2003. The trend definitely wasn’t your friend if you thought we had bottomed in April 2001 and were heade...more

I have updated the Lazy Portfolio Smackdown page for results through the end of April. Realize that not all dividends may be included yet. We’ll get things worked out at year end. Things have really changed since last month. Remember when mudfud ruled? Now guess where [he] ranks? Dead last. Also look at the professional lazy portfolios. Harry Browne was in the lead last month. Now old faithful Scott Burns Six Ways from Sunday is on top once again. Wow, what a portfolio.  I’ve ad...more

Mr Drucker’s inflation. Green Haze? Purple Acres? The Revolution. Gold standard. Tan ear buds. Evolution of wealth. Stuck in a Keogh? Clean out the tool crib. Portfolios. I ENCOURAGE you to Download this show thru iTunes! But, if you just cannot deal with that then go ahead and [...]

Schpoonleeka. Add cream and sugar first! Three RCSes. What if you missed just the 40 biggest gain days in 10 years? Pundit batting averages. Which 401K statement do you want? Amazon rebate. I ENCOURAGE you to Download this show thru iTunes! But, if you just cannot deal with that then [...]

Here’s a fun little game. Can you guess the identity of the two Harvard Law students shown in the photo to the left? Especially the guy on the left and the guy in the middle. The guy on the right we don’t care about. You may want to read Patrick Byrne’s (of Overstock.com) description of Jim Cramer. It is kinda long, so I’ll have to read it some time later this week myself.

IFA Ads work! Stories from Bermuda. Guns, Cocaine, Brothels. Shipwrecks. Coin shortages. Unlimited food. Miracle Fruit. John Adams. Cramer’s Stability portfolio. Google stockscreener. LPS updated. I ENCOURAGE you to Download this show thru iTunes! But, if you just cannot deal with that then go ahead and Play [...]