Archive for March, 2006

Should I invest in developing markets?

Sunday, March 26th, 2006

A few weeks ago I bought into a developing market mutual fund. I was coerced by my investment adviser - against my better judgment.

I liked small capitalization domestic stocks. I was over weighted and the ETF was on fire (IWM in a retirement account). I was up 33% in a year, and […]

Globalism - Freedom

Sunday, March 5th, 2006

Globalism makes governments compete with each other. In the late 20th Century the United States inflated its currency and achieved much of its objective in so doing. The government confiscated wealth, value was transferred from savers to debtors, overextended debtors (such as the government itself) were relieved of their obligations to repay value […]