Moral Hazard? Let Them Fail? Let Our Tax Dollars Decide.
I am an American. Relatively typical. I am married. I have a kid. I own a house and with it a huge mortgage. I have a job. I have some achy parts and have a few regrets. AND, I’m responsible for all of it. If and when things go wrong and something often does, the buck stops with me, and I’m fine with that. It’s the way the world should work. Read more
Stock Purchases – Dow Chemical; Allied Capital Corporation
I love buying on down days. Granted today is another down day and I bought these stocks during yesterday’s down day, but you can’t spend your life trying to time the market. It’s another reason I’m buying quality companies so I won’t care if it goes down a bit before coming back. At least I’m buying companies capable of coming back and often paying a nice dividend along the way. So yesterday I bought: Read more
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