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With two kids not yet in kindergarten, and my going back to school at the age of 49, retirement is not the sort of thing I have in mind. However, I do have a rather large term life insurance policy should I infarct while engaging in a heated exchange with you or Shane. My retirement account (which in fact is not an IRA, but rather stocks that are on my do not touch list) includes a tech heavy portfolio of the generals. What I have done in the past two years is to sell a portion of those funds and invest the proceeds into real estate and other tangible assets as well as cash. Because these picks have generated such great returns, we find ourselves in a position to whether a significant downturn in the world economy. Simply put, there has never been a time in our economy, where one could make such money in a segment of the stock market than right now. And for the foreseeable future, the micro short term outlook for stocks that I have mentioned on this board such as Redhat and Juniper remain outstanding. These are the companies of growth, optimism, and hope. By contrast, MO sells beer, wine, cigarettes, and heart clogging macaroni and cheese. |
