Steadfast Finances

 Humor, Lessons Learned, Strategic Planning         5 comments

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What a snow storm!
Three days plus 90 minutes without electricity, 3 days without tap water (after power was restored), and 6 days without cable TV & Internet service. Not to mention pulling two people out of a ditch, shoveling 2 rather long driveways by hand, and the personal discomfort of …

 Advertising, Humor, Investing 101         9 comments

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Leave it to Colbert’s crack team of writers and producers to catch weeks of targeted advertisements and distill them into an easily observable trend. This time, it’s gold coin and bullion distributors (e.g. resellers) advertising on conservative news sources cleverly designed to make more money off the retail investor by …

 Commodities, Investing 101, Investor Psychology         39 comments

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The majority of the investing world, like countless times throughout history, has once again found itself spellbound by gold’s luster and I’m here to tell you why I think gold is a bad investment.
I’m feeling another black sheep moment coming on.
Truth is, gold has had a heck of …

 Investing 101, Investor Psychology         10 comments

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Much like everyone else, Wall Street experiences the same basic emotions that all (or most) of us feel when news of an impending disaster (real or fearmongering) strikes.
Why?
Because there are real life human beings pushing the mouse buttons that execute the buy or sell orders during every minute of every …

 Consumer Education         24 comments

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For several weeks now, I’ve noticed an increasing number of hard sell advertisements in my Sunday newspaper, the websites I frequent, and the few TV shows I take the time to watch.
One gold coin commercial in particular has drawn my attention, or should I say disapproval, that has been running …