Investing Explained....

This is so great, and seems so true as well....

Written by Josh Brown aka The Reformed Broker



http://thereformedbroker.com/2015/06/05/on-rates-jobs-stocks-and-the-economy/

Here's a clip:

"Why did stocks go down when the Bureau of Labor Statistics said that almost 300,000 new jobs were created in May and that another 30,000 or so were being added to the March and April tally?

Because stocks don’t go up on good economic news, they go up on bad economic news.

Why?

Because people are rate-arded and they think emergency-level stimulus from the Fed is preferable to an economic expansion.

Why? 

Because the media has trained them to think that way.

So anytime there’s good news, it’s really bad news for investors. 

Yes. Except when it isn’t.

Huh?

Well, sometimes there will be good news and then stocks will go up because of it.

Then how do you know what to root for, if good news is alternately good or bad?

You don’t, it’s a fucking game with rules that change every week.

Then why would otherwise intelligent people even bother playing?......................................"

Blogroll Updates

As mentioned yesterday, I updated the Blogroll to some new stuff and some stuff I neglected to put in earlier.

New adds:
Seth Godin - genius on small business, marketing, promotion, and thinking about your work  www.sethgodin.com

Gretchen Rubin - The habits lady - has a couple of good books and podcast about happiness and habits  gretchenrubin.com

Robb Wolf - The Paleo diet guy.  Has an interesting podcast too.  robbwolf.com

Athol Kay - The Professional Married Guy - Tells you the secrets of how to get the marriage you wanted, hint you both have to do some work.  Great stuff, videos, forum, blog, etc etc..  atholkay.com

Gapingvoid - The art and thoughts of Hugh MacLeod

Getting Things Done - the homebase of David Allen's system.  gettingthingsdone.com  davidco.com

Go check them out and expand your mind.  All good stuff, I promise!

Day 2 - longest streak of continuous posting since I started this blog in 2000.  Got to start somewhere...right?

Until tomorrow...

Back for more...?

Oh, hi there!

I've got the itch to start writing again.  If I'm to make it a successful habit, I need to write something every day, or I'll quickly fall off the bandwagon, I'm pretty sure.  Even just a quick post to keep the string going.

So, what's new since the last post?  Quite a bit, these will be some of the topics of upcoming posts.

1.  Moved away from the border, now I'm near the middle of the US.  Maybe I have to change my name to Min-Mex-Mid?
2.  Had a couple jobs come and go.  Weird and interesting stuff...
3.  Started a small manufacturing side project
4.  Bought a CNC milling machine, rented a workspace, spent a bunch of $$$ for #3
5.  Been debating whether to try to make #3 into my main gig, or to keep it as a fairly profitable sideline - lots of pros and cons either way for internal debate.
6.  Sort of did a fitness program for a while, but have not kept up with it recently.
7.  Improved my marriage quite a bit.  Thanks to Athol Kay and the Mindful Attraction Plan
8.  Became a fan of James Altucher's Choose Yourself theme.
9.  Still a big fan of GTD - David Allen's Getting Things Done.
10.  Become a fan of some other stuff too, see the updated blogroll.

See you around...