I’ve posted Entry #8 for my Investing: The New Rules column at the Death by 1,000 Papercuts site. It’s called Palinomics.
Juicy Excerpt: The Crony Capitalists who push Buy-and-Hold are not terribly concerned about the human misery they have caused. They have their own problems.We are on our own re this one. We can do this! We don’t need the “experts” to tell us how to invest. Common sense is what works. Common sense tells us that we should not have stayed with heavy stock allocations when stocks were priced to provide a long-term negative return. There aren’t too many politicians today who have what it takes to dare to say that out loud. Governor Palin is friends with real live people who are suffering real live pain as a result of this crisis. That makes a difference.
Community Note: Some of us were talking about John Greaney, owner of the Retire Early Home Page site, at a discussion board this weekend. John had the first internet site dedicated to the subject of early retirement. I still have good recall of the day I discovered John’s site. As soon as I found it, I got about the business of copying every article for inclusion in the binders I kept with information I had found on all aspects of the Retire Early experience. When my wife picked me up to drive me home from work that night, I couldn’t stop telling her about this cool new site I had discovered. In later years, I got to work with John building the Retire Early board at Motley Fool into the most successful board at that site. Those were fun times. I still have fond memories of them.
So I think it fitting that I say here on behalf of myself and the entire Retire Early Community —