Many people claim that my analysis of the stock market is flawed. Unfortunately, they are one of two types of people 1) They work in the financial industry and support the government’s legalized scam 2) They believe the lies from the financial industry “experts” that take a commission on their investments.
If [...]
The Dow Jones Industrial Average (DJIA) plunged yet again today to close at 7,997. This is the lowest level in over 5 years. We’ve seen the start of the correction in the real estate market, and now we are seeing the start of the correction for the stock market (which has been over [...]
The chart below compares the current inflation adjusted stock chart to a chart of the period from 1964 to 1984 adjusted for inflation and adjusted so the peak in 1966 matches the peak in 2000. Historical comparison charts are generally useless, but the similarity here is at least interesting.
Based on the current historical trend, we [...]
I have shown how stocks are a horrible investment, how investing in gold is a bad decision, and how real estate can not be considered an investment.
So, after showing the bleak reality of common investments, people often ask me what would be the best investment. Well, in one word, it is YOU. It is the [...]
I recently posted an article busting the myth that the stock market increase 12% per year. In fact, its return is between 1% to 2% per year when adjusted for inflation. I also showed evidence that the median home prices are fairly constant over time when adjusted for inflation. So, what about [...]
Yea, the DJIA plunged 777.68 points yesterday, which is the biggest point decline in history. The 2nd biggest point decline was on September 17, 2001 (first trading day after 9/11) that had a 684.81 decline. The DJIA gained 485.21 points today recoving almost two-thirds of the lost from yesterday. However, point [...]
I recently dispelled the myth that the stock market always goes up, and in fact showed that adjusted for inflation, it provides a return of between 1% to 2% per year. Some people think that real estate has been a good investment. This is not so; we still have a bit of ways to decline [...]
I’m surprised at how much faith people put into the stock market. This is not the best vehicle for investments. Financial advisors (if they can even be called that) will tell you to invest in the stock market over the long term because it has averaged 10%-12% per year. That is a load of bull! [...]