buy and hold
people are always looking to earn something for nothing. they'll tell you about every hot stock they've ever bought, and every lucky lottery ticket they've ever scratched. (they'll leave out the stories of the losers, unless they're playing the "my misfortune is greater than your misfortune" game). me, i'm teaching my kids how to balance a checkbook, and how to understand and respect the ultimate supremacy of compound interest, and how "buy and hold" is the only sane investment strategy for someone trying to save for retirement.
if we're smart, along the way, we'll put some of the crooks in jail who have been screwing with our global economic system. if we're not, we can continue to play D vs R games and let our corrupt legislators leave them off scot-free. either way, a lot of people are going to suffer through a very rough last few years of their lives, whining all the way down about how they "worked their whole life and now they deserve to be taken care of". (if i only had a nickel for every "i got mine so everybody else can go pound sand" american who hates illegal immigration and foreign aid and blames both for all our troubles, while looking forward to their social-security and medicare-enabled retirement).
some pretty ugly shit is going to be hitting the fan over the next little bit, and it's going to make the water in the gulf of mexico look crystal blue by comparison. i'm looking forward to all my little shares in all my little companies to still be in business on the other side, and i'm hopeful i'll do ok, but who knows. in the case that they're not, i'm going to face the hard reality of perhaps always having to work in order to eat without complaining that anybody else owes me my living. all those protesters in greece are doing the same thing i expect a bunch of people here to be doing sooner or later, and it's going to be as ugly then as it is now. except all my fat american countrymen and women aren't going to see it that way. they'll be blaming all this on somebody else, like all those greeks in the street you see on tv, because it's become the american way, too.
"we have met the enemy, and he is us".
walt kelly said that.