Trading in this market is extremely difficult. I’ve been fortunate enough to make a nice return so far, however I’ve made more mistakes than I care to admit.
For example, just this morning I committed a super blunder… Over the weekend, Citigroup received a huge bailout package and the market responded this morning. I figured this [...]
Posted on November 23, 2008 at 4:08 pm
By Megan in Barr Family Blog
“For I know the plans I have for you,” declares the Lord, “plans to prosper you and not to harm you, plans to give you hope and a future…” Jeremiah 29:11
If there’s one thing we’ve learned over the last three years, it’s that God’s plans are not our own. So all we can do is buckle our seatbelts, hang on tight, and follow where He leads.
The chief executives of GM and Chrysler said they could run out of
funds without the government’s support. GM CEO Rick Wagoner said the
package is needed to “save the U.S. economy from a catastrophic
collapse.” - http://online.wsj.com/article/SB122703811621838291.html
That is what happens when your business model is broken. The Management of GM and Chrysler are coming to grips with [...]
Posted on November 15, 2008 at 7:22 pm
By Ryan in Personal Finance
Get one, and stick to it!
We are about to enter one of the most difficult economic cycles that our country has ever seen. There are a myriad of reasons for this; and most of them boil down to a lack of personal responsibility.
It’s time to take responsibility for one of the most basic things that [...]
Over at The Big Picture, Barry has posted an article from James Quinn from the Wharton School of Business. You can find the article here
http://www.ritholtz.com/blog/2008/11/the-shallowest-generation/.
My favorite quote, and something I’ve been saying for a while now:
No one in Washington has shown an ounce of leadership in decades. True
leadership requires strength of character, clear vision [...]
Admittedly, the posts to the blog have been few and far between lately. With school, Ryder (our new addition), the move to the Windy City, a new job, my old job, and everything else in between - it has been rough!
That said… I’m making a killing in this market! For about a week I tried [...]
I’m obviously not a liberal, and a lot of the time I don’t fully subscribe the things that Paul Krugman talks about… However, the guy is flat out brilliant and you know, in this post I think he has a pretty darn good point. I’m going to copy in a few of the things that [...]
Barack Obama is the projected President Elect. I believe that this is a tragic mistake for our country in terms of our ideological movement.
On the other hand, I hope that Senator Obama’s projected win goes far heal racial tensions across the nation. This is a great moment in our nations history to not only “say” [...]
