2016 Stock picks-Part Deux

Warning! Free advice is worth what you pay for it! Kids, don’t try this at home! You can lose lots of money really fast by blindly following anyone’s investment advice, including mine.

OK, on Thursday I gave you my 2016 stock picks and said we’d keep them all year. Three days later, I’ve decided to change things. So much for consistency.

Let’s go through the picks I will open with tomorrow:

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Paradise Lost

Let me tell you a tale of a nice little neighborhood that is centrally located near major road arteries, jobs, and shopping. It stands on the edge of a beautiful wetland near the east coast of Florida. It has nice, neat rows of homes with manicured lawns and gardens centered around a small pond and a community swimming pool/clubhouse. You access the community through a gate because the residents want to keep the undesirables out of their fine community, which they specifically selected because it was in an “A” rated school district. In fact, the kids can actually walk safely to those excellent schools right from their front door. Sounds like a dream, doesn’t it? Continue reading →

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2016 Stock Picks

People often ask me, “What do you do?” I used to flippantly tell them I enjoy travel, family, friends, wine, reading, theater, the beach, etc. but I always knew that they mean, what do you do for a living? When I tell them I’m retired, they inevitably say, “You’re very young for that.” The truth is I’m about the only non-governmental worker you’ll ever meet who retired at 50, but the reality is that I’m not really retired at all. Continue reading →

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