Friday, January 18, 2008

Hi Folks.
A friend of mine came to visit from Toronto. He just retired and on his way to visit other friends. Hetold me he lost more than what I make in a year on the stock market and that was in just the last few days. My friend does not want to even look at her portfolio. She is afraid to. I hate being right, but I have been suggesting for a while now to get your money out of the market and into real things like land or physical assets. I was not listened to. How long this will go on is anyone's guess, but I see a year or more before a recovery if ever. All we need right now is a pan-epidemic to wipe out a huge chunk of the population and the economy may never recover.I hate being right!

Michael