I voted early today at the Brownsville Public Library, and I highly recommend it. I waited in line for perhaps 5 minutes at 9:00AM. I forgot to bring my registration, but all I needed was my driver's license. They're open from 9 to 6 for anyone who wants to avoid long election day lines.
Has McCain just given up on courting independent voters? This new "real America" talking point only appeals to the egos of his base on the far right. Is the campaign so desperate that they're now worried about them as well? I can't wait for this election to end so I can stop hearing about a new sleazy campaign tactic each week. Having Palin conduct the attacks does nothing but make McCain look too weak to do it himself. McCain has neither the dignity nor the integrity necessary to be President.
Well, you obviously can't avoid volatility completely. But I use a simple system that reduces it. I don't have the risk tolerance or enough interest in stocks to buy individual stocks or even exclusively index funds. I wanted something I could set up and forget most of the time.
This simple system by former presidential candidate Harry Browne fits the bill. In his "permanent portfolio," investments are allocated as follows: 25% stocks (for prosperous times), 25% bonds (for prosperous times and deflationary times), 25% gold (for inflationary times), and 25% cash (for tight money/recessionary times).
The diversification allows you to ride out ups and downs with minimal risk. You evaluate and rebalance your portfolio only once per year. I also like to set stop losses so I can minimize worry even during days like today.
Check out the book if you want a nice, simple way to manage your investments.
I don't want to be a scaremonger, but it would not hurt for people to stock up on some provisions and some extra cash. My guess is that the next 6 months to one year will be very rocky for the economy. If the depression doesn't come, you'll be very prepared for the next hurricane.
I am formally opening my law firm on October 15th. Although I enjoy blogging in relative obscurity, it's bad for business. So I'm going to step outside my introverted tendencies and introduce myself more. If nothing else, some of you may be wondering why I moved "border to border."
After spending most of my life in Duluth, MN and graduating from Northwestern University (Evanston, IL) and Marquette University Law School (Milwaukee, WI), I moved back to my hometown. I was in private practice there from 1998-2004, concentrating on employment law and general civil litigation. While at my firm, I was also a Chapter 7 bankruptcy trustee for Minnesota.
My husband's job as a design engineer at a maquiladora brought us to Brownsville. We moved here with our son, and our daughter was born here in 2005. After my maternity leave, I served as a municipal judge for the City of Harlingen from May 2006 to May 2008.
Although I have spent much of my career in civil litigation and employment, I hope to also build upon my municipal, criminal, and bankruptcy experience as I open my new firm in Brownsville.
I want to sincerely thank all of the lawyers I've met so far here. Everyone has been very welcoming and helpful to a complete outsider.
I also thank you for your indulgence. Tomorrow, back to blogging about guns, gold, and all things libertarian.
FOR SALE - 1998 Honda CR-V mini-SUV. Has 4wd, automatic trans., 4 cylinder engine, AC, cruise, power windows/locks, security system, CD stereo. It has been in our family since 2002. 155k miles; well maintained.
Has nearly new tires, registration & inspection until 4/09, runs/drives great. Has a few little scratches/dings, as you'd expect after 10 years, but nothing to worry about. Windshield currently has a couple of cracks and chips, but nothing in the field of view.
The perfect practical vehicle for any looming financial apocalypse. Very reliable. $4000. Email me at rrsyck@gmail.com if interested.
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