Friday – JohnKu AKA – TGIF

John Ku
‘I’ve got a great system. I just pick the same stocks Ed does.’

It’s Friday again and time to look back on the week. It has been a good one except for the stock market concerns over the lower price of oil. I can never figure that one out. A lower price of oil means lower cost of manufacturing and travel. A lower cost of manufacturing and travel means more income. More income means more discretionary spending. More discretionary spending means better profits. Better profits mean a healthy economy. OH, I GET IT NOW! The street is worried about rising interest rates. So yeah, let’s sell off all our stock because we are worried about a .25% increase in interest rates. Investing in the market should be called gambling on the market. Today’s JohnKu talks to a gamble and the market.

The Market by John W. Howell © 2016

Take your earned money,

Throw it hard against the wall. . .

Yours to keep has stuck.

 

32 thoughts on “Friday – JohnKu AKA – TGIF”

  1. I have to agree with Charles — stocks make my head hurt too… And I agree with you, John that they are a gamble — and I always lose. So I gamble as little as possible. I put what my employer calls my “retirement” fund (what an evil sense of humor — as if I’ll be able to retire, stocks or no) into the “safest” options.
    TGIF! Have a fabulous Friday. Mega hugs.

    Liked by 1 person

  2. A finance person told me the other day that another housing crisis is about to hit the US. Hopefully he’s mistaken. At least you’ll have your book sales to keep you going through any potential lean times. The pound is down again today.

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