I always like authors that find ways to simplify and get to the heart of a complicated issue. Michael James on Money presents A Thousand Foot View of The Credit Crisis. This is a very interesting post, and really inspires some thinking about the future.
Frog of Finance's Net Worth was down 3.8%, for the next few months he'll be concentrating on debt reduction.
My friend, Nurseb911 at Triaging wonders if this is the Bottom For Canadian Bank Stocks
3 comments:
Thanks for the mention. I'm never too sure how people will take such high-level views. At least a few people liked this one.
Thanks for including me in your Sunday links MG!
I wrote that post with some optimism and by the behaviour of the market last week I could be proven wrong as soon as tomorrow (Monday). I hold Scott fully responsible since he's the one who originally brought the idea of observing the debt markets to potentially indicate a bottom in equities :)
Thanks for the mention MG! I will indeed focus more on debt reduction, but I'm still sending small amounts of money to my DRiP companies.
That's one of the nice things about DRiPs -- you can send small amounts, or none at all, depending on your current situation.
Cheers!
Frog
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