Posted by: pogosez | March 20, 2011

HOW TO GET RICH–SLOWLY


HOW TO GET RICH–SLOWLY

Follow these steps as listed:

1.  Accumulate EIGHT months cash or readily liquid reserve, i.e. Money Market Funds.  Here, you are not looking for growth but safety and security.  If the worst should happen you have a cushion. 

2.  401K accounts, the very best investment.  Sign up for the maximum the company will match.  

3.  Ira and/or Roth accounts.  Tax advantage plus provides for retirement years.  Roth is preferred because your money is taxed as you save it.  Therefore, when you are older and need the money, there will be no taxes withheld.

4.  Long term Real-estate investment.  Great tax benefits and long term appreciation.  Future income as you grow older or can sell off in your latter years if you want. 

5.  Avoid the stock market.  It’s like going to Vegas, the insiders always win.  If you do go there, only stable companies that pays a dividend. 

6.  Diversify with stock Index funds.  Provides safety against market fluctuations and grows over the long term. 

7.  Life insurance, but only whole life (not term) that can be borrowed against or cashed out when you are old. 

8.  After you have accomplished   all the above then you can take some risk with growth potential stocks such as new issues going public.  Be prudent with the amounts invested.  Choose the stocks carefully and monitor closely.  Don’t be afraid to dump and cut loses if need be.   

9.  Live modestly but comfortably.  Do not try to always have the biggest, best, etc.  Don’t give a damn what the Jones’s do and don’t try to keep up with them.  Those are the ones whose homes are now being foreclosed.

 Have a happy life.

Posted by: pogosez | March 1, 2011

HOW YOU ARE BEING SCREWED TIME AFTER TIME!!

Ever wonder how you get screwed time after time?  Here is the answer.  It’s a long, tough read and will make you so Mad you will want to scream–but worth it for the knowledge you will gain.

http://www.star-telegram.com/2011/02/25/2877609/motoring-out-of-the-american-century.html;

http://www.rollingstone.com/politics/news/why-isnt-wall-street-in-jail-20110216;

http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405

I am trying to build an audience, so please forward my blog to all persons on your contact list.

 Responses are invited, even if you just want to tell me how full of Poopydoo you think I am.

Posted by: pogosez | February 25, 2011

AN OLD FRIEND PASSES

I used to work in downtown Indianapolis.  My route to work took me south on Keystone Avenue.  I met my old friend, Mr. Pothole just before reaching the Keystone, Fall Creek Road intersection.

 Oh my!  He was huge—approximately thirty inches circumference and four to five inches deep.  He cleverly positioned himself where your left side wheels would strike him squarely in the center.

 The first I met him was a total surprise.  BOOM!  BOOM!, as I passed over him.  “&%$*@$% you Pothole”, I screamed, as I heard his taunting laughter.  From then on, it was game on.  One on one—me against Mr. Pothole.  Most of the time I won.  As I approached him, I would deftly swerve into an adjoining lane to miss him.  “Take that, Pothole”, I would shout!

 But on occasion traffic would be such that I could not swerve to miss him.  BOOM!  BOOM! followed by my cursing him “Damn you, Pothole” then his sarcastic laughter floating in the air.

 An event occurred where I was off work for several weeks.  When I was allowed to return to work, the first day I actually looked forward to seeing my old nemesis again.  But as I approached his location, he was gone!  Vanished.  During my absents someone had filled him with asphalt and smoothed him over.  Smooth as a baby’s butt.  I rolled over him without the slightest bump.

 From that day forward, the drive to work was never quite the same.  I missed competing with my old friend, Mr. Pothole.  Kind of like how you miss a toothache but you are glad it’s gone.  That’s how it was  with Mr. Pothole.  May you rest in peace in pothole Heaven, my old friend.

Posted by: pogosez | February 22, 2011

MY HERO!!

Here he is—my lifelong Hero—Pogo Possum!!

Pogo was the title and central character of a long-running daily American comic strip, created by cartoonist Walt Kelly (1913–1973) and distributed by the Post-Hall Syndicate. Set in the Okefenokee Swamp of the southeastern United States, the strip often engaged in social and political satire through the adventures of its anthropomorphic funny animal characters.

Pogo combined both sophisticated wit and slapstick physical comedy in a heady mix of allegory, Irish poetry, literary whimsy, puns and wordplay, lushly detailed artwork, irresistible characters and broad burlesque humor. The same series of strips can be enjoyed on different levels both by young children and by savvy adults. The strip earned Kelly a Reuben Award in 1951.

Should you want more information about my hero, google Wikipedia pogo comic strip.

“Women aren”t as mere as they used to be”

- -Pogo

Posted by: pogosez | February 17, 2011

A NEW DAY IS AT HAND

A new day is at hand. The current republican House is beyond mystifying– they are truly terrifying! I used to view the teabagges as noisy, insecure morons craving attention. Now it seems a large number of Americans support their nonsense. Having attained a degree of political strength, they want to decimate America.

I ask teabaggers why they support the extreme Republican views and they tell me because the want less government and more freedom. Well, I have news for you. There will always be big government. And the rich, multi-national entities will control it and your life. Their goal now is to eleminate Social Security, Medicare, Medicaid, and Unions. Why? Because they want to use peope during their productive lives, but not sustain them after they have used up their usefullness. Just let them die and not have to help support entitlements. Don’t you teabaggers understand , if the exreme conservative have their way, one day you will fall into the old catagory with no life sustaining support? Is that the freedon you want? Can you imagine the horror that will ensue when you have no power to negotiate you salary, retirement, health care?   You will get the “trickle-down” crums the rich elite give you. That will be just enough for you you to live while you are still productive and useful to them. The ultra rich will have means to survive but you become just a needless expense to them. Just go away and die.

Read the book by Upton Sinclair “The Jungle”. Then tell me that is the freedom you want.

Your comments are encouraged>

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