Archive for August, 2013

Have a Correction and a Smile

Friday, August 23rd, 2013

Contrarians are always nervous and sometimes profitable. Seeing all the correction news has me thinking of 2007, which is nervous-making, but also has me bargain hunting for portfolio cornerstones, such as KO.

Will an Improved Economy Improve Debt Repayment

Sunday, August 11th, 2013

I’m on the fence here. I did well with high-interest lenders when things sucked big time, then they went private, ceasing my profits. I know that when things get better for me I reduce debt as quickly as I can. If the average consumer also does that, then debt collection could be a soon-to-boom space and this InvestorPlace article gives a good argument for PRAA and ECPG.

A POT Hole I Don’t Mind Hitting

Saturday, August 10th, 2013

When an industry takes a big one day hit, grab the leader and hold.