I have given a lot of thought to, read, watched TV, and have had many conversations regarding the current economic crisis this country is facing. I have got to be honest with all of you, my investing and trading has almost come to a complete stop. Valuing companies using the formulas I used in the past just dosen't work with the stock prices beaten down (permanently I fear), creating new values. In short, my old strategy cannot work in the current market.
I have however been contemplating the United States' current economic and political positions. I am not only afraid of the diretion we are headed, I believe that there are steps we must take as individuals to attempt to protect ourselves to some degree....read more
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