Jes' Yer Friendly Neighborhood Ol' Broked Down Retahr'd Union Pipefitter...... and his 401 Plan. Pre-Mid Post Labor Day Market Correction Version... 

The consensus can be very wrong; interest rates are going to have to go up in 2014 was a set-it-in-stone given that of course turned out to be wrong. This should teach us to always be skeptical of such one sided consensus calls.
--Roger Nusbaum










IF YOUR A FIRST TIMER TO THE BLOG, CLICK HERE...
http://joefacer.com/pblog/static.php?pa ... 729-141334












Labor Day. Comfortable about your next forty years?
http://www.theatlantic.com/business/arc ... ry/403576/


Sittin'here squaring up the weeks accounts an' listening to Bonamassa @ the Opera Hall in Vienna just after I read this;
https://www.stratfor.com/weekly/pondering-hitlers-legacy

Brings into focus how an upstate NY guitarist who grew up playin' de bluze ends up hangin' out in Vienna at the opera house....


Jeezus Cullin, Whatya REEEALY Think....
http://www.pragcap.com/there-is-no-defe ... t-present/

I've been doin' my own thing financially for 30 years. This is one of the guys who has impressed me. I got a dollar placed with him.
http://www.ritholtz.com/blog/2015/09/ge ... -in-order/

Somebody else's nightmare....
http://www.businessinsider.com/jeb-bush ... ors-2015-9

Labor Day....
http://www.businessinsider.com/why-amer ... day-2015-9

Market CHESS.com....
http://marketchess.com/2015/09/04/stock ... 4-15-video


Sunday Night Politics.....




Can't Look Away, Train Wreck, Can't Look Awayyy.....
http://www.businessinsider.com/paul-kru ... ics-2015-9

Dead Beatz....
http://www.marketwatch.com/story/unluck ... 2015-08-31


Part O' Why I'm Still 100% Stocks...
http://dashofinsight.com/weighing-the-w ... estimates/
http://www.advisorperspectives.com/comm ... ion-coming


Monday...
Yup, Seen This Movie Before...
http://www.bloombergview.com/articles/2 ... mp-of-1856

VITAL FOR YOUR 401....
http://www.pragcap.com/are-low-yielding ... ket-hedge/



This is the performance of the Fundz Inna 401 this year, including the Balanced Pooled Account and My Account...



This is where I have my allocations for the $10K I have in my 401...





This is Where the 401 Fundz have gone since I retired. This time I included a biotech fund that I've got in a small inherited IRA. I rolled the IRA from a 60/40 stock bondz allocation into two stock mutual fundz about the time I retired, American Growth Fund and the Franklin bio Fund... I'm up inna 401 a respectable amount even with the recent big drawdown and even though I'm down 30% in the IRA in a month and a half, I was up 75% over two years... The total performance of the pair is sterling with no trading costs to speak of.


I am NOT happy about not tracking the 401 money or the IRA more closely.
It is NOT my style to get clocked like this.
But the 401 is a small part of an overall plan, devised by me and some professionals... AND it is a part I expect to hate...

Cullen sez it well....
http://www.pragcap.com/there-are-no-holy-grails/

I look away from these accounts and ignore hiccups. It's easier with the IRA. The broker charges $100+ per trade. So i don't trade outa boredom. I expect to catch the next 2008 though and I expect to be a lot happier with these accounts then. This is just a dropped pot anna spilled drink inna kitchen. Take a little time to clean up and pour another drink. Dinner is still happening and in a week the mess and clean up will be forgotten...



CHESSandwine....
http://marketchess.com/2015/09/08/stock ... 15-video-1


Thursday....
http://nymag.com/daily/intelligencer/20 ... icies.html


Enough to make a big time/long time union man lose it.....
http://www.ritholtz.com/blog/2015/09/sc ... e-workers/




https://theirrelevantinvestor.wordpress.com/2015/09/09/patterned-by-birth/?curator=thereformedbroker&utm_source=thereformedbroker





























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