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Workingman's Economy

 
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jabailo



Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA

PostPosted: Sun Aug 26, 2007 10:44 am    Post subject: Workingman's Economy Reply with quote

I first posted this as a comment in the Washington Post in response to Jon Cohen's blog about "Economic Pessimism".

The "Lazy Man's" economy has definitely tanked.

People who want to move into a house with negative equity, and expect appreciation, or investors in "safe" stocks such as the DOW, or big tech like AAPL, GOOG or MSFT are not going to get something for nothing anymore. Likewise, XOM isn't going anywhere and is probably heading down (I'm calling oil at $35/brl by EOY).

This is an era where the economy is basically solid and stable. It is an era where hard work, for once in decades, can probably make you more money than day trading stocks on tips and hearsay rather than value. It make become one of the best eras for simple labor, construction, or even unskilled labor, especially in repair.

The stocks that are rising are real innovators like First Solar (up 3x YTD). I see growth in the smaller, cheaper, faster moving companies in Linux, Web 2.0, solar, fuel cells, hydrogen, nanotech. But, again, no free lunch, no easy mutual funds -- investors will have to do the brainwork to separate the wheat from the chafe.

The next "Bill Gates" may not be a four-eyed geek sitting behind a computer; he may be a guy hauling stuff in his pickup truck.
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stock-guy



Joined: 19 Feb 2010
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PostPosted: Fri Feb 19, 2010 8:30 pm    Post subject: hi Reply with quote

investing in penny stocks is also a great option.
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jabailo



Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA

PostPosted: Fri Feb 19, 2010 9:52 pm    Post subject: Reply with quote

With inflation, I'm more of a "Dollar Stock" guy...basically I find interesting stuff in the $1 to $10 range that make up my personal "mutual fund".

I'm still interested in Hydrogen and Info Tech markets by a long shot.
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jabailo



Joined: 20 Mar 2006
Posts: 1273
Location: Kent (East Hill), WA

PostPosted: Thu Feb 25, 2010 7:35 pm    Post subject: Reply with quote

http://www.locationmgmt.com/assets/docs/Succeeding_in_an_Era_of_Labor_Shortages.htm

Succeeding in an Era of Labor Shortages


Quote:
With all of the news about layoffs in the automotive industry and its suppliers, you wouldn’t think that the United States and European Union are entering an era of labor shortages, but they are. There are several factors causing this shortage:
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