Yatee, Yata. Money we made a lota.
Now we ponder the inflection point yondah.
Drugs suffer and cannibalize each othah
While angels in the sky fall with news of the CPI.
20 year old corporate bonds earning 7% abound.
20 year old corporate boys earning 85K confound.
Bonded airports and nursing homes
Down the road lack back bones.
Valuation keeps the gift horse at bay,
Your lump sum continues to DCA.
Liquidity be thy mortgage benchmark.
And thy college fund thee should park
Not in equity but in a money mart.
A hold is a hold is a hold.
Motorola is in the hole.
UTEK is still a hold but not whole.
And if low risk good cholesterol is your goal,
Be less stock specific and more market whole.
Can we identify a major top? At that point
Bobster specifies the NASDAQ 'll drop.
This may take months to mature.
Stick close to your indicators for sure.
On this note he did part:
"Investing is not for the faint of heart."
Augustus / Waldheim / 1996
-
Author:
Augustus (Pseudonym) (
Offline) - Published: October 31st, 2016 07:44
- Comment from author about the poem: Wrote this in the late 1990's after listening to Bob Brinker's radio investment show. A salary of $85,000 for corporate types was huge back then. (Today they talk about millions) A fallen angel is a falling stock price. DCA = Dollar Cost Averaging, UTEK = Ultratech, a technology stock. CPI = consumer price index. NASDAQ = an American stock exchange.
- Category: Sociopolitical
- Views: 67
Offline)
Comments4
Great write
Thanks
Welcome
Definitely not for the faint of heart as you have so aptly written! Good poem to write on Halloween!
Funny. Thanks.
You are right about investing. Very risky! Very educational poem.
Thanks WBL. Find a major mutual fund company that charges less than 1% of your principal yearly like Vanguard. Add to it monthly until you retire even if is just a few dollars to start with. Avoid individual stocks. Keep some money in a savings acct. When the stock market drops and everybody is panicking use you savings to buy more mutual funds at that time at that time. I like the a Total Stock Market Index Fund, and the Index 500 fund. Avoid financial advisors unless you buy their advice by the hour as a consultant. Women are better investors as they are more patient and less impulsive.
I am jotting all of this down. Thanks for the advice.
HI "A" ~ Money makes the World go round and we all want our slice of the Cherry Pie ! However (as we all know) "The LOVE of MONEY is the root of all EVIL" It is a good Servant but a very bad Master. Thanks for sharing & caring ~ BRIAN.
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