Why I Do This

     Before I publish any more posts on how to profit in stocks, I thought it would be appropriate this Valentines  Day to explain why I bother with this blog. First of all I do it for my daughter because she asked me to. Secondly I do it because I enjoy it. It takes less than 1 hour to make a post. If my daughter can learn some of these concepts that I have learned over the last 40 years, then it was a success. I have made this info public so anyone with a desire to learn more about investing can read my short and to-the-point lessons at will. I am not an expert at investing. I have never worked in the industry and now I am too old anyway. It has always amazed me that money management is not taught in junior high and high schools. I have recently heard of some progressive private schools offering this subject but they are the exception. When a young person leaves school and goes to work making money, they are not prepared to invest any savings. Our school systems are doing a great disservice to our young. It is especially important today because the traditional pensions my generation earned are becoming more and more rare. Instead, self funded retirement plans are the norm today. Not only is the employee forced to fund his own retirement, he must invest the funds so they will be there for him at his retirement. In addition, the social security benefits that I enjoy today may not be there for future generations. The contributions made today to social security by the working folks are being used to fund my benefits. Bottom line: The deck is stacked against every generation born after the Baby Boomers. What to do about it? Get wise about investing! Use this blog as a start but not an end. Read about financial matters anywhere you can, your future may depend on it.