How to avoid Obama's investing mistakes
A look at the first family's portfolio shows that even the leader of the free world could benefit from some basic investment advice.
When you're the leader of the free world, you can make a few investment mistakes and still do pretty well.
This is the most worthless article I have read to date.
Obama will get a Government check of $200,000 a year plus millions for speeches, books and corporate boards. Yet he never looks at cutting his pension, but cut my future Social Security is top on his list.
When are we going to get a president (not republican or democrat) that understands or at least can sympathize with the average American.
"By refinancing his mortgage at the current 3.58%, he could save up to $16,700 annually in interest."
Or he could sell some of his Treasury securities, which are only earning 2%, and pay off his mortgage, saving more than $50k in interest per year.
It’s called deleveraging. Banks and the financial industry hate it and don’t like to talk about it, because, it conflicts with their business model and erodes their profits. That’s why it’s good for you.
He and the people that voted for him could benefit from an education ! ! ! !
Anyone else note the conflict between "...guaranteed an annual pension of just under $200,000 for the rest of your life" and "51-year-old with solid income and 14 years to retirement."? He is going to "retire" in 2 years, with his pension guaranteed. So no reason to worry too much about equities.
Also, since the President and I are the same age, I know his nominal retirement age is 67, not 65, as the second quote indicates.
But, not refinancing to take advantage of lower mortgate interest rates is just stupid. The author is correct there. I doubt the President is sub-prime ;-)
In any civilization past, present or future, under any form of government, pharaoh, king, dictator, socialism, parliament or congress, there is only one person responsible and we can meet that person when we look in the mirror to comb our hair, shave our face or but on our makeup. When we abrogate our responsibility to any form of government that government will eventually make us their pons and slaves, this is where America is today. In the last 7000 years of history many civilizations have had the same problems we have today, poor leadership, corruption, high debt, high inflation, high taxes and a people who expect government to solve their problems. None of these civilizations recovered from these problems. If America does, we will be the first civilization to accomplice this and we will have done it by consciously striving to accomplish this feet. The big question is do we have the intelligence, the courage and the moral structure?
Obummer the clown didn't take business classes. What did you expect from a community organizer who got into college due to his race?
we all know 80 billion a month you retard will definatly change the outcome of the market take that away aand the market crashes booooom boooom!!!!!
I cannot make the same investing mistakes as Barry O.
The simple reason is I am not an Idiot like him.
The bad news is that you'll think you will have learned from other people's bone-headed investing mistakes but will still make the same stupid mistakes because you imagine you are somehow smarter than the average investor.
The good news is that you will definitely learn from your bone-headed mistakes once you have made them. That's why everyone should start investing when they're young...
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