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.
I couldn’t have said it better, John. Happy Friday!
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Thanks, Jill. Have a super day. 🙂
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Got to be able to laugh about it, thanks for the Johnku! 🙂
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Yes. we all need to laugh more. I think I’ll open a mutual laugh fund. :-). Thanks, Gwen
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Stocks make my head hurt. Some days I think it’s proof that humans could be the dumbest creature on the planet.
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I have to agree. 🙂
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I hope that wall has been freshly painted John.
Hugs
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Ha ha ha. Thanks, David. 😀
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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.
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Thanks, Teagan. it is always a risk no matter how “safe” Have a ferocious Friday. 🙂
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LOL. As “Lychnis” would say, “Mer-rawr!” 🐱
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😀 HUGS
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I played that game when I was younger. Not too much stuck. Love the cartoon.
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Thanks, Craig. 🙂
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Hard-hitting stuff John! 😉
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Thanks, Jan. 🙂
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Stocks give me a headache! I’ll see what sticks to the wall!
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Go for it, Lynn.
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Well… I tried it… nothing stuck to the wall… that’s why I stay well away from the stock market!
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There you go.
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Gah, all this interest rate collusion with Wall Street has been killing my savings account for the past decade. They just want us to spend, spend, spend…
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Yes no saving allowed.
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My IRA money is in a fund since retirement and I don’t worry about it. Maybe I should as it’s in a Wells Fargo account. So are all my accounts. — Suzanne
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Don’t worry.
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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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Yes. My book sales. Of course. 😀
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You know what else sticks
Especially to a blanket
It’s what bankers talk.
(This only works if you allow for lazy pronunciation of “especially”, I know, but it came to me and made me giggle)
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You are excused for the lazy pronunciation and the giggle.
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I wish I had your keen insight into markets and the economy, John.
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ggll..so true. I needed that laugh.
May you win the lottery this weekend.
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Have to have a ticket to win even though the odds of winning are the same with or without a ticket. 🙂
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If I was asked to go into a convenience store to purchase one I wouldn’t even know what to say.
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