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Mark's Money and Market Musings · 6M ago

Better Late Than Never?!?

"No one ever went broke underestimating the intelligence of the American Public" - H. L. Mencken"Few people have lost money underestimating the competence of the modern Federal Reserve" - Whitmore's Corollary to Mencken Back in the SaddleApologies to those of you who have been left hanging for twent
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Mark's Money and Market Musings · 2Y ago

Buy and Hold Investing Redux

Thou speakest wiser than thou art ware of.Shakespeare, As You Like ItAs regular followers know, I have been posting a series of blogs that will eventually amount to seven tips for investing based upon my foray into this world over the last decade or so. The last post was one which I knew would leave
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Mark's Money and Market Musings · 2Y ago

Tip #3: Exploding the Myth of Buy and Hold Investing

"Those who live in glass houses shouldn't throw stones." American Proverb"Gentle Reader." Now this is a term/literary device whose usage was last prevalent during the Victorian era. But in the century or so since, it has been increasingly out of favor in the world of literature. People generally
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Mark's Money and Market Musings · 2Y ago

Tip #2: Avoid being Devoured by the Parasites

Light gains make heavy purses - Francis BaconWell, as usual my ambition exceeded my accomplishments when it comes to this blog. I had hoped to have posted two or three more entries since Thanksgiving. But the combination of holiday travel, a new fitness/health regimen, trying to keep up with the m
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Mark's Money and Market Musings · 2Y ago

Seven Tips from Seven Years, Tip #1: Avoid Running with the Lemmings

Wisdom is the principal thing; therefore get wisdom: and with all thy getting get understanding.Proverbs 4:7On November 25, 2002 I took a leap of faith. At the time I had recently left the practice of law but was not certain what my next career step should be. For the previous 3-4 years I had been i
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Mark's Money and Market Musings · 3Y ago

Don't Drink the Kool-Aid

“Heads we win, tails you lose.” Mark’s First Maxim for Wall Street Denizens My apologies friends. I have started this blog several times in the last few weeks or so. But every time I began outlining its content, my WIFF (Whitmore’s Indignation and Fulmination Factor) began to escalate uncontro
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Mark's Money and Market Musings · 3Y ago

The Worst Investment Advice Ever

When a wise man gives thee better counsel, give me mine again. Shakespeare, King LearI am convinced that 99.9% of reported financial news/analysis is at best a waste of time. Investors tend to be focus upon “noise,” such as a drop in some particular economic indicator, and risk losing sight of the f
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Mark's Money and Market Musings · 3Y ago

The Abyss Deepens

A trillion here and a trillion there, and pretty soon you are talking about real money Me Since my last fulmination, government intervention in the economy continues to escalate. The new administration announced Friday that taxpayer ownership stake in Citigroup is now greater than 35%. Citigroup u
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Mark's Money and Market Musings · 3Y ago

Save (for) Yourself, Save the World

’Tis true that we are in great danger;The greater therefore should our courage be.Shakespeare, Henry VI hope everyone had a great Valentine’s Day weekend. And what connotes love better than a meandering missive on personal finance, the economy and government policies? In an effort to spread the lo
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Mark's Money and Market Musings · 3Y ago

Portfolio Reclamations Project

"We haven't the money, so we have to think"-Lord RutherfordTimes change so very quickly. Fifteen months ago the US stock market was scaling new all-time peaks. Unemployment was comfortably under 5%. Consumer confidence was near six year highs. Goldman Sachs was paying its average employee in exces
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