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ThomassmicklasUser
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I am an investor with over thirty years experience in stocks, bonds, real estate (urban,suburban,land) and government programs such as subsidized housing/Section 8. I have a Master's Degree plus and have retired into doing things that are of deep interest to me, which includes volunteer credit counseling, real estate counseling and supporting political candidates strong on national defense issues.
Many readers have been following the GMAC bond saga - especially SmartNotes. The latest is that GMAC will restructure its debt to avoid bankruptcy, and that SmartNote holders (generally, mom and pop investors holding these through thick and thin for retirement) will be put at the back of the line to pick up the crumbs. Well, almost. I expect GMAC to... read more
Posted on $published
As investors on the long side of securities lick their wounds today, I thought a personal observation may be in order. Things rarely happen as we expect. Whether it be business, investments, career or personal relationships a Force almost always interferes to enhance or gum up the works. The most intense emotions do not occur with investments. They... read more
Posted on $published
A few weeks ago, I wrote a piece listing securities that funds were likely to sell, cleansing their books to avoid criticism of holding such by their investors. So far, my list has shown promise. Now, it is time to look ahead to what ETFs individual investors may want to include as stocking stuffers for 2009. The following short list allows you to... read more
Posted on $published
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