I do my own investing. And I remain convinced I’ve done pretty darn well. It isn’t rocket science.
I started with a couple basic economic courses, then over the years have learned to read the financial pages.
Care to join me and become savvy about the world of high finance?
Thursdays are in-the-know days here on my blog, in which I’ll link to a handful of the current week’s articles I found interesting.
1. An OpEd in the New York Times:
“Seriously, what we’re looking at over the next few years, even with pretty good growth, are unemployment rates that not long ago would have been considered catastrophic — because they are. Behind those dry statistics lies a vast landscape of suffering and broken dreams. And the arithmetic says that the suffering will continue as far as the eye can see.”
The columnist argues for a repeat of the New Deal, ie. the government should employ folks to work on infrastructure. Doing so will create jobs, which in turn will create economic growth.
2. How much Cdn CEOs made during 2009. For example, Jim Shaw (think Cable company) made $11,557,119.
3. And the BBC did a nifty 90 second explanation of GDP. Worth knowing!