Archive for the ‘Economy’ Category

What’s the problem?

Sunday, March 1st, 2009

The problem with our economy is many fold.  Primarily it stems from the loss of american labor jobs.  Consider what happens when a product is entirly produced in a country.  All aspects of artists and machinists engeneers are used.  Plus the same trucking and marketing aspects.  The majority of jobs are within the labor of manufacturing and this is key.

Why have we lost so many labor jobs?

Primarily people dont want them.  We have too many people going to college and graduating with huge debts from school loans.  They cant afford a labor job thats paid by the hour and normally minimum wage.  Plus these ar ethe first jobs created in developing countries.  Simply put Americans dont want the jobs.

The niddy gritty

I trace the financial problem back to two areas which are really linked if you think about it.  First the Insurance system and second law suits.  There is too much money going around to pay the middle man and non of it yields any product or future value.  We pay Insurance companies to pay employees to answer qeustions and then they cut deals with hospitals so they only pay half the bill we see.

Common Sense says if you have to pay someone to ensure yourself then you must be worth a whole lot more!  stop wasting your money.

What to do with our stimulous money.

Sunday, March 1st, 2009

We as U.S. citizens need to band together and make our nation strong.  Economically times are uncertain, but we are required to turn it around.  We must figure out how to keep the money in the hands of Americans.  So what do we do with our stimulous money and any tax returns?

1 keep it in America

2  Pay off our debt especially our houses so we have a place to live

3 buy local goods as much as possible like food and even furnature can be found by local artists.

4 develope your own skills and start a small business from your home for extra income.  Remember people are looking for the small guy to do the job.

5 consider making your own money by trading skills.

Do not go out and buy a large screen tv from walmart.  drop it into your house mortgage! save yourself 2-3 years of payments.

The future of the stock Market

Sunday, March 1st, 2009

We are in the middle of an epic financial downturn.  The time to buy stocks is now.  Selling stocks is not as wise as it is scary.  I have come up with a few scenerios for deciding when to sell stocks.  Finally i will close with a possible monkey wrench in everything.

1.  Sell only stocks that will yield enough  to pay off all debt or major debts.  Car, house and credit cards will hurt the pocket far worse than the possible gains from keeping the stocks.

2.  Sell the top dollar stocks now but only as many as needed to pay off debts.

3.  The stocks with least value will have the most swing if they go up and keeping more units gives a greater probability that at least some of them will survive with future gains.

This plan asumes you are able to work and have hopes to continue working.

Remember in a down economy taxation will be high and having little debt as well as income can be a good thing.  The thing to remember is Property Tax… make sure you can pay it!

The Monkey Wrench: I forsee a time soon when stocks will be obsolete.  This current situation seems a good time for a new form of wealth to be formed.  I have no idea what and i am buying stocks…