CHESSNOID

I don’t support the Fraud Bailout that Congress passed a few weeks ago to help Wall Street. I don’t support the bailouts of those companies who made extremely poor decisions  like Bear Stearns, AIG, Fannie Mae, and Freddie Mac which cost another trillion dollars of tax money.  I don’t buy the hype that if we [...]

Thank goodness the price of gas is coming backing down to reality.  It seemed like just yesterday we were at $5.00 a gallon here in the US.  The price of  a barrel of oil hit a high of $147.  Today, gas is back to where it was a year ago.  Reuters:
The national average price for [...]

Everyone wants to know where the bottom is so they can start buying.  Ideally, you would just put your entire pot at stake and say “all in”.  This would be the easiest way to maximize your return if you were a buy and hold strategy type of guy.  No one can really tell where the [...]

You know whenever I get those 0% balance transfer offers on my credit cards I am very pleased.  I like the idea of saving money by paying 0%.  The idea of the federal reserve lowering interest rates to 0% is altogether different.  We already are closing in at 0% and the previous rate cuts have [...]