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Welcome, GenXrgonemad

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Total number of posts:42
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Joined on 7/26/2011

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newsCOMMENT

Obama says no to fat retirement accounts

First, the defined benefit program was taken away from most Americans and we were told  is now up to us to save for our retirement.  So, for the people, that did work and did save they are going to be penalized!  This is a huge mistake by this administration! Where is this administrations priorities?  No wonder a r...more
4/8/2013
newsCOMMENT

Maybe you should retire outside the US

In the 80's when corporate America got rid of the defined benefit retirement plan and replaced it with the 401k was the true start of the up and coming retirement crisis.  The financial service industry was able to make this sell ( also by spending millions in advertising ) to the America public with the implied promis...more
3/11/2013
Frugal NationCOMMENT

Why you should be a mean parent

I can't help thinking back to my WWII generation grandparents and the lessons now lost. They lived in small homes, rarely ate out, never bought the latest gadgets, had one used vehicle and saved their money.  If you left a light on over their house in a room you walked out of expect a tongue lashing on waste.  Is it ch...more
1/9/2013
newsCOMMENT

Did the government make a Social Securit...

The complete mismanagement of SS by the federal government is proof that our politicians cannot be trusted to manage our money.   It is impossible for politicians or government bureaucrats not to spend every dime we give to them.  SS should be moved off the "unified budget" and once again be a stand alone program separ...more
1/9/2013
Movie NewsCOMMENT

Senators write Sony, criticize 'Zero Dar...

Ironic isn't it? A Senator writing a complaint letter and expecting a response?  Every time I have written my representatives I have either received no response or a computer generated letter thanking me ( yeah right! ) for writing them so basically a blow off.  Since this a MOVIE and only an idiot would believe EVERYT...more
12/20/2012
Top StocksCOMMENT

Apple's far-reaching ripple effect

The sell off of Apple has nothing to do with fundamentals but with programmed trading by institutional investors.  Once again, the average investor is being burned especially if they don't know how to put stop-loss orders in on their high flying stocks.
12/17/2012
Top StocksCOMMENT

You're 55 and have $100K to invest. What...

I like the idea.   I just finished a book that may help you realize that business idea. The $100 Startup, by Chris Guillebeau
12/2/2012
Top StocksCOMMENT

You're 55 and have $100K to invest. What...

Isn't it interesting how the media is still promoting stocks?  The US economy isn't "out of the woods" and not by a long shot!  Wait until interest rates rise and that's where the next panic will begin.  Once bond funds collapse we should see huge distortions along all markets and my bet is once again the small investo...more
12/1/2012
Top StocksCOMMENT

Why gun stocks soared after Obama's win

I like the choice of having a .357 but for the ultimate in home protection a 12 gauge will be the ultimate man-stopper.
11/8/2012
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