06-04-2016, 12:13 AM
(06-03-2016, 04:51 PM)Mikebert Wrote:(05-26-2016, 03:44 PM)Kinser79 Wrote: And I only have to handle one piddly little retirement account. Well that and a safe, but I'm not going to talk about that.
Why on Earth would you have to consult economists for guidance on how to manage a piddly little retirement account? It is not rocket science. Buy low sell high.
Under current circumstances, the Fed doing massively stupid things, figuring out what to buy is hard. The exit strategy is even harder and this is where the Austrian Business Cycle theory has been most helpful.
Democracy is the theory that the common people know what they want, and deserve to get it good and hard. -- H.L. Mencken
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises