This is great info and I agree except the MF part. Problem with hind sight is that it's 20-20. Easy to kick yourself for not doing this and that. Butttttttt what if.............. and you never know what the future has in store.
If you guess wrong or the manipulators screw things up resulting in you loosing 50% of your investment you have to make 100% on the half that's left just to get back to where you were. Now where and how long does it take to recoup 100% and what about the risks that haunt you on that journey.
If you have retired and are lucky enough to have a stake, that's all you have. Yeah it sounds great, but in reality you can't afford to take the chance. At least I can't. So I take my palsy 2.2% guaranteed income from a reliable insurance co. or my FDIC guaranteed 1.3% CD from the local (locally owned since 1901) bank and sleep comfortably, living within my means, rather than being on the edge of my chair and wits worrying that the stock market is going to crash.......and you never know since it's run by the floor on "herd mentality" not logic.....that's why nobody can realisically predict where it's going.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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