Saturday, March 20, 2010

Decade of Pain

China is bunk. The US is on the edge of a third world country. I know this all sounds like garbage, but if you think that, then you fail to see the big picture. We have a very distinct problem and the problem is the current administration. Not to say that they are the cause, but they are the ones throwing gasoline and the bonfire. Yes, I know I've heard it all before about how I am doom and gloom, but stick to your investing. I think that domestic stocks are overpriced. Gold is completely over priced at this time. Be weary of Chinese stocks. China is still smoke an mirrors as I declared over a year ago. The best stocks for the long term are natural gas companies. I loaded up on TNH, despite the removal of their dividend. This company is completely out of favor and is a no brainer to buy for the long term. Also, TNH has zero debt, which could be sign they are trying to expand. To be honest, things are not going to get better. You can listen to Obama blab (note I do not have party affiliation), but things are not going to change. The Fed will raise interest rates later this year and we will continue to print money. Regardless of what takes place, things will remain the same. Just remember, the nex time you complain about your job, just think how grateful you should be about having one to complain about.

The bottom line is that our country is messed up and it has nothing to do with the "conflict" in the middle east. 10 Billion a month is what is costs to fund the military overseas. We are fighting the war on terror. So, how do we win that war? This is an incredible drain on the economy.

The bottom line is to get safe by switching over to large caps or money markets that pay above 4%. These are strange times.

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