Tuesday, September 29, 2015

Financial Markets and CNBC

I was just watching CNBC this morning and thought how silly the stock market seems.  If anything, it is a giant casino.  One large, sanctioned, legal, world-wide Indian Casino.

Do you have some money, well I have a high yield bond for you!  What's a high yield bond you say?  Oh don't worry your little head!  It pays 8% dear sir!  Well sign me up!  Don't mind that high yield bonds are essentially junk bonds and based on crap financials to begin with.

What really makes me smile is Kramer or Cramer, however you spell it... this guy is wrong all the time and is essentially a clown.  Everyone on CNBC is a clown.  Come on, I mean it is what it is, the stock market sucks.  I have stock, I own stock, I've been up and down.  I don't spend any time on it to be honest.  I don't have much money to spend on it.

It is all a joke.

I've been thinking about taking all my money out and investing it in my life, like say in my own personal business.  Problem with that is I don't have any grand ideas to spend it on, but I think my money may be safer with me and spent on my own free will and mind.

Perhaps my mind has been warped by shark tank, but there are people on there all the time like you and me, and they make money spending their own hard owned money and time on their ideas.

So what's your idea?

What's my idea?


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