Banking establishments are more dangerous than standing armies.
-Thomas Jefferson

UPDATED 10/9

Chartz and Table Zup on www.joefacer.com

Whatcha Gotta Know Is I'm All Cash (GIC) In The 401a And Have Been For A While. Congratulations To The Guys Who Listened To Me And Went To Cash Early Last Year And Those Who Went Cash Between Oct And March While I Tried To Pick Up Pennies In Front Of A Steam Roller.

Stay Tooned....Stuff Will Appear This Weekend As Inclination And Circumstances Permit....

A look at the stock and bond funds available to the 401a for the last quarter...CLICKIT!



A look at the last day of the quarter and the subsequent action (in the elipse in the chart above)...CLICKIT!



It's about marking up the quarter as best can be done. As long as you realize that as bad as your quarterly statement looks,

IT'S WORSE....

Straight talk...

Read "Haste makes waste by Lewitt...

more stuff;

I hope it's still up when you CLICKIT!!!!!;

Here's what I want to do next:

In regard to investing my 401a money; NOTHING DOING....

Things are so crazy and hypervolatile that I do not believe that it makes sense to try to make money buying stocks or funds and either holding or selling them on an uptick unless you can open a position and close it in a few minutes to a few hours time. That is not how 401a investing works. So I'm uncomfortably in the MET Life GIC unless and until the Board of Trust can arrange a real cash money market fund for the 401a. Here's a glimpse of why I'm uncomfortable;

CLICKIT!!!!

Details explaining the chart are in last week's post.

So if I can't expect to make money, there's no point in doing much of anything which makes this a pretty dull blog. So maybe I'll write about the investing tools I like and how I use them to do what I do. Stay tooned.....

UPDATED 10/9

IT'S NOT GETTING ANY BETTER....AND I'M NOT GETTING PAID ENOUGH TO STICK AROUND IN MET LIFE. ALL OUT AND ALL IN TO THE AMERICAN FUNDS GOV'MENT SECURITY FUND. THE TREASURIES IN IT ARE GOOD. THE GOV'MENT HAS SAID THEY'LL SUPPORT THE MORTGAGE PAPER. THE ENVIRONMENT IS NOT GOOD FOR SUPPORTING THE UNINSURED PAPER OF AN INSURANCE COMPANY IN FREEFALL....

CLICKIT!!!!

"There are some things which cannot be learned quickly, and time, which is all we have, must be paid heavily for their acquiring."
Ernest Hemingway

Knowledge is power. Take the time. You are not powerless to protect your future.

See ya at the hall....