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The writer talks about hamburger - but ground beef is not "processed", so should not be maligned. Processed meat is cured meat, like bacon and sausage.
Greg Berry did not answer my point: We import a lot of curde oil and export only a small fraction of this back as refined product. Net, we are still a large importer of oil, and price increases of this (or scarcity thereof) will adversely affect us.
I am confused - we import 9 million net barrels of crude oil, and we export 1 million net barrels of refined petroleum products. Seems to me like that is still a net importation of 8 million barrels.
60 is too old to enjoy anything....I thought so, too, until I reached my 50s, and now realize that vacations are enjoyed even more when you don't have to come back to a mandatory full-time job.
Whenever I see these articles about allocation between stocks and bonds, I wish they would address home mortgages, which essentially are the same as holding negative bonds. If I have a $1,000,000 portfolio and a $500,000 home, my investments of the portfolio should differ based on whether my mortgage is paid off or wh...more
Already gone, just remember that for every buyer there is a seller. If you invest $50,000, you actually paid someone $50,000 for the stock or whatever you bought. Where did it go? - The seller still has it.
2/8/2010
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