The Prudent Retiree- November 2017
The Prudent Retiree- October 2017
“It ain’t over til it’s over.”
- Yogi Berra
Through the years, Yogi Berra has been Prudent Retiree’s most quoted expert. He was a New York Yankee — peerless Hall of Fame catcher and part of more World Series Championships than any other player. When Yogi spoke, people listened. E.F. Hutton came later. His uncanny observations offer insightful perspective on the market.
The Prudent Retiree- September 2017
“I support the Left, but I’m leaning, leaning to the Right.”
- “Politician” by Cream
Repeal and replace. Tax Reform. Tweets. Protests. The Alt-Right. Antifa. Personal Insults. Rage.
The Prudent Retiree - August 2017
“Reality Itself is Too Twisted.”
-Hunter S. Thompson
Hunter S. Thompson was an American author, famous for what became known as “Gonzo” journalism. He wrote often about the seaminess of the drug world and politics. He was most famous for his articles in Rolling Stone magazine and the book, Fear and Loathing in Las Vegas. He was controversial, hard hitting and never in between. Both loved and loathed. Many would say Thompson’s own twisted reality led to his death by self-inflicted gunshot wound. He was gonzo to the end. I’m sure he would consider today’s zany world to be a veritable feast.
The Prudent Retiree - July 2017
“We Will Bury You.”
All of us who grew up during the Cold War with the Soviet Union remember those words spoken by Soviet Premier Nikita Khrushchev when describing the fate of the United States and other Western nations. This was the same guy who pounded his shoe on a table during a United Nations meeting.
The Prudent Retiree - June 2017
“Never Give an Inch.”
-Ken Kesey in Sometimes a Great Notion.
Kesey was one of America’s great novelists. He was part of the so called “counter culture” of the 1960’s and a member of the Merry Pranksters. Their main claim to fame was heavy drug use, most notably LSD. Expanding their minds supposedly led to greater enlightenment. That’s a question for another day.
The Prudent Retiree - May 2017
“The Truth Does Not Change According to Our Ability to Stomach It.”
Flannery O’Connor was an American author noted for her depictions of the South. She is most remembered for the short story collection, A Good Man Is Hard to Find. Based on the many conversations we’ve had with so many of you over the past couple months, the consensus is that a good President might be even harder to find. We probably should expand that to D.C. creatures in general. In and out of office.
The Prudent Retiree - April 2017
“Meet the New Boss, Same as the Old Boss.”
-The Who - Won’t Get Fooled Again
The Who was one of Rock’s supergroups from the 60’s and 70’s. Their songs spoke to that generation. It was a time of turmoil at home and in the world. Wars, economic uncertainty and political unrest. Sound familiar?
The Prudent Retiree - March 2017
“If you break it, you buy it.”
-Traditional Retail Warning.
It seems like a long time since things have gone well. Dot Com Crash, The Great Recession, Income Inequality, Social and Racial Strife, 9/11, Terrorism, Afghanistan, Iraq, WMD’s, Bin Laden, The Surge, North Korea, Benghazi, Leading From Behind, Strategic Patience, MOAB, Affordable Care, Affordable Care Repeal, the Tea Party, Occupy Wall Street, Hillary’s E-mails, Trump’s Taxes, the Russians, Iran, Syria, Islamic State- I can go on and on, but you get the point. How about that 21st century.
The Prudent Retiree - February 2017
“It’s a big old goofy world.”
Last week my grandson Beau was born. I also saw the great American singer/songwriter John Prine in concert. He performed one of his oldies but goodies- It’s a Big Old Goofy World. It is! Beau is entering this world at a time when things seem out of control. Terrorism, wars, economic and political strife, social unrest and just simple ugliness all seem to be the order of the day. I couldn’t be happier, though, to have Beau.
The Prudent Retiree - January 2017
“Sometimes, listening is the best learning.”
We certainly find ourselves in unsettled times. Investors want to make a cause and effect relationship between the markets and their politics. Often, to their peril.
The Prudent Retiree - December 2016
“Faith is taking the first step even when you don’t see the whole staircase.”
-Martin Luther King Jr.
Dr. King made a difference. We are better because of his courage, integrity and vision. A vision he never lost sight of regardless of adversity. It was accomplishment of the goal that mattered, not the tough times. He persevered, though never seeing the whole staircase. Dr. King’s unwavering pursuit of his goal – justice and equality – cost him his life. America has a long way to go, but his bravery made us better.
“If nominated I will not run,
If elected, I will not serve.”
-William Tecumseh Sherman
William Tecumseh Sherman was a renowned/notorious Union general during the Civil War. Feelings about him all depend on which side you were on. The same differing feelings have resulted from our recent election. News people are already asking Vice President Biden about his plans for 2020. To borrow some texting shorthand- OMG!