Tuesday, November 25, 2008

A new kind of stocking stuffer - STOCKS in your Socks!

This Christmas, stocks are at an all time discount. Why not spend your Christmas dollars on stocks for the whole family? After all the youngest of us will be around to realize the longest term rewards of their presents. While parents will maintain the families stock portfolio, and set certain rules*, a young man with 400 shares of say, Ford (under a dollar a share, last week), or one share of Apple at almost $90! may pay closer attention to the news, their math studies and learn something about the stock market too. Getting into the market is easier now than ever with some brokers offering attractive deals. By printing out fake certificates on your computer you can have a physical symbol of your gift for your child to keep (and a record of the transaction). The key is that the stock be in an area that interests the "holder" in some way and has a good chance of being in business for a couple of years or so.

*Rules that I would include are no trades for first 3 months to a year, and then only tradeing for other stock or diversification until a certain age be it 12 to 21 and then for specific purposes as worked out by the principals.

Sunday, November 9, 2008

A New Way of Doing Things

David Brooks the Republican pundit cannot grasp that not only will Barrack Obama attempt to do many things at once but will actually use doing these things together in order to accomplish that first thing, fixing the economy. This is a generational issue, directly related to Davis's inability to multitask. This may also be the reason the Republican Party finally dies, and goes the way of the Dinosaurs, like Sinclair Oil. Anyway to explain it to those of a bygone era, it is like making lemonade when life gives you lemons. It is actually an old way of doing things. If you are given a swamp, you buy saws, cut the lumber and build a lumberyard. The trees being gone you sell the saws and build a clay digger. Convert the Lumberyard into a Tile yard. Sell tiles, install tiles, plant orchard, garden, stock ponds with sunfish bass and catfish. Some things must be done sequentially, some all at once.

So, translating, It is by changing the Tax code, regulating financial markets, changing banking system, educating Americans, fixing and developing infrastructure that will allow growing the green economy that will permanently fix our failing economy. Fixing our health care system will save us money by making Americans healthier and more productive: A penny of prevention is worth a pound of cure. The bailing out measures we are currently working on is only a way of kicking the can down the road so things don't get too much worse before they get better. After all this is done and the new economy is begining to work "too well" -- heating up ever faster--we will slow it by paying down the debt.