a little bit of this, that & the other from one fool to another
Tuesday, December 27, 2016
Stocks are the Only Investment Vehicle with Wheels
I just don't see any future in bonds right now. I doubt whether they will even outpace inflation. Not with Trump. Stocks, maybe, and money market or, just maybe, an ultra-short term bond fund. There are going to be gyrations in the stock market with Trump. He drops clunkers all the time. Just doesn't sit down and think about things long or deeply. I'm not really sure he will keep us out of war, either. He seems pretty gung-ho about racking up another ten to twenty trillion in national debt. Basically that's what our overseas adventures are, another way to transfer wealth from the U.S. to China. We should have gotten free oil for a century from Iraq, but instead all we get is gimme more, gimme more, gimme more, and blame, derision and disrespect all around. War sucks as foreign policy. I hope somebody on Trump's team secretly understands that, because from the way they talk, seems like they hit a lot of trees in the Stupid Forest.