MJ DeMarco
I followed the science; all I found was money.
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Ok, folks ... I know I haven't been around a lot to comment on many of the threads, but that doesn't mean I don't read them.
Frankly, I'm tired of reading the BS, the conspiracy theories, and the blame game regarding the government BAILOUT.
No matter who is to blame, who gets the cash, or whatever, I'm tired of hearing it.
A key to the fastlane is not in determining WHO is to blame, but how to react from the new set of circumstances that are due to arise with the bailout -- the faltering economy will give rise to a new set of opportunities.
As sophisticated investors, how do we react?
What steps should we take?
What investments should we make?
Where is safety?
How do we manage risk?
If we are sophisticated, Fastlanesque investors, we will discuss opportunity like many of our forum regulars have been trying to steer the train.
Unfortunately, the speculators and theorists have come in to pontificate on things that will have little, if any bearing on your future net worth.
Think about it. If you can successfully prove that any certain entity (Dems, Republicans, Bush, Fed Reserve, Bernake, Foreign Investors) is responsible to the economic crisis, does it make you richer? Does it give you more vacation time? Does it give you peace of mind? No, talking about the blame game accomplishes nothing.
Unsophisticated investors talk about blame and the underpinnings of the failure. Why not? Talking about failure and pointing fingers is easy. I can do it sitting in my recliner drinking a beer.
However, going out and executing a plan given the circumstances is difficult. Why not focus on that?
As a forum, that is what we must aim for.
Any more discussions on the bailout in terms of WHY, WHO, and WHAT will be subject to strict moderation and deletion.
If your post DOES NOTHING to improve the future, or address the future, it will be subject to scrutiny, moderation, and if so, deletion. For example, before posting ... ask yourself this ... "Will this post HELP anyone?". If yes, the post is probably safe. If no, then it will fall into the moderation zone of endangered posts.
If you post, "Because of the bailout, I'm investing in big utilities and staying away from international bonds because of this ... " .... this post is helpful. It gives a plan and a strategy.
"The bailout makes foreign investors rich" is not helpful. It adds nothing of value to this forum.
So word of warning: If you're posting bailout comments, please tag an action item or a strategy to your post. Tell us your plan. Tell us your strategy. Tell us something of value. But please, don't tell us who is to blame, or who to point my finger at.
The "blame game" discussion can be debated ad nauseum at virtually any forum and it does nothing to improve your net worth. Perhaps why that is why the topic is hot -- it is an effortless exercise in futility.
So that said .... if you want to discuss the bailout, ask yourself: Are you a sophisticated Fastlane investor? If yes, then talk about the future and your plan.
If you aren't sophisticated and prefer to sit around and arm-chair quarterback the economic crisis (instead of doing something) then you are just like everyone else.
Remember, being like "everyone else" is easy. The reason why we are here is not to be like everyone else ... so lets start on that idea by dumping the blame game and conspiracy theories.
Thank you,
MJ
:eusa_clap:
Frankly, I'm tired of reading the BS, the conspiracy theories, and the blame game regarding the government BAILOUT.
No matter who is to blame, who gets the cash, or whatever, I'm tired of hearing it.
A key to the fastlane is not in determining WHO is to blame, but how to react from the new set of circumstances that are due to arise with the bailout -- the faltering economy will give rise to a new set of opportunities.
As sophisticated investors, how do we react?
What steps should we take?
What investments should we make?
Where is safety?
How do we manage risk?
If we are sophisticated, Fastlanesque investors, we will discuss opportunity like many of our forum regulars have been trying to steer the train.
Unfortunately, the speculators and theorists have come in to pontificate on things that will have little, if any bearing on your future net worth.
Think about it. If you can successfully prove that any certain entity (Dems, Republicans, Bush, Fed Reserve, Bernake, Foreign Investors) is responsible to the economic crisis, does it make you richer? Does it give you more vacation time? Does it give you peace of mind? No, talking about the blame game accomplishes nothing.
Unsophisticated investors talk about blame and the underpinnings of the failure. Why not? Talking about failure and pointing fingers is easy. I can do it sitting in my recliner drinking a beer.
However, going out and executing a plan given the circumstances is difficult. Why not focus on that?
As a forum, that is what we must aim for.
Any more discussions on the bailout in terms of WHY, WHO, and WHAT will be subject to strict moderation and deletion.
If your post DOES NOTHING to improve the future, or address the future, it will be subject to scrutiny, moderation, and if so, deletion. For example, before posting ... ask yourself this ... "Will this post HELP anyone?". If yes, the post is probably safe. If no, then it will fall into the moderation zone of endangered posts.
If you post, "Because of the bailout, I'm investing in big utilities and staying away from international bonds because of this ... " .... this post is helpful. It gives a plan and a strategy.
"The bailout makes foreign investors rich" is not helpful. It adds nothing of value to this forum.
So word of warning: If you're posting bailout comments, please tag an action item or a strategy to your post. Tell us your plan. Tell us your strategy. Tell us something of value. But please, don't tell us who is to blame, or who to point my finger at.
The "blame game" discussion can be debated ad nauseum at virtually any forum and it does nothing to improve your net worth. Perhaps why that is why the topic is hot -- it is an effortless exercise in futility.
So that said .... if you want to discuss the bailout, ask yourself: Are you a sophisticated Fastlane investor? If yes, then talk about the future and your plan.
If you aren't sophisticated and prefer to sit around and arm-chair quarterback the economic crisis (instead of doing something) then you are just like everyone else.
Remember, being like "everyone else" is easy. The reason why we are here is not to be like everyone else ... so lets start on that idea by dumping the blame game and conspiracy theories.
Thank you,
MJ
:eusa_clap:
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