Win Ben Stein's Money

Some people read the NY Times, some the Wall Street Journal (WSJ), some the SF Chronicle, some the Vacaville Reporter, and some Yahoo! news, you too should find your favorite columnist. If yours truely is your favorite columnist than read on my friends and I will continue to amuse you. I read most of the columns on Yahoo! Finance and that's where you will find my favorite columnists; Ben Stein, Robert Kiyosaki, and more recently Charles Wheelan.

My take on Ben Stein. . . I like Ben because he’s old. Being old has it’s benefits, he’s been around, seen a lot, and obviously the guy knows how to invest. I like Ben because he’s smart. Would you risk your daily pay on a TV show? I like Ben because he knows how political choices impact investments. And, last but not least, I like Ben because when it comes to investing, he’s a permabull. Because of his attitude towards investing he remains cool headed when emotions on Wall Street run high. One of my favorite adages is, “Cool heads will prevail.”

My take on Robert Kiyosaki. . . He wrote a book called “Rich Dad, Poor Dad,” where he chronicles the choices that his two dad’s made in regards to investing. I have not read this book yet, and though I’m a fan of his, truthfully, honestly, I’m not lying to you. . . I probably won’t get around to reading his book. I like Robert because he knows the ins and outs of Real Estate investment. It is important to know basic real estate investing strategies and how that fits into your overall investment techniques and goals. I like Robert because he understands the indirect opportunities of investing (the positive consequences of investing in something that you may not have expected). While investing, most list the negative possibilities when taking a risk by investing your money. It is just as important to understand that not taking a risk (by investing your money) is just as costly a mistake. Robert Kiyosaki typically writes about the unexpected with his investments, which is valuable insight.

My take on Charles Wheelan. . . He wrote a book which I have not read. Infact, the only reason to which I’ve decided to include him is because I read an article he wrote a week ago which had such an impression on me that I decided he’s one of my new favorites. It’s a very good article http://finance.yahoo.com/expert/article/economist/111589 . I’ll put him on my watch list next to the crumbling banks.

Those are three of my favorite columnists which I trust to provide cool headed investment advice.

I still don’t believe that the Bailout Package is going to work. My opinion could partially be due to the fact that it’s called a Bailout Package and not exactly helping anyone. I want the American people to win, so I’m asking you to join me in a sedition against the banks. Here’s how it’s all going to go down. . . when the government bails banks out, the “credit freeze” will thaw, and banks will lend again. Here’s what we can do as a society to send a message to the banks, pay for everything with money that you’ve saved. It’s that easy. I realize that you have to borrow money to purchase a house and that’s the only thing that I will let you borrow money for. The banks in America have wronged you for too long, now it’s payback time. Live within your means and they will feel the pain!!! Pay your credit cards down, save money, earn some interest and buy only the things that you feel are worthy of your hard earned dollars. Viva Los Americans!

On the Political front:
My current Election Prediction ticker: Obama/Biden ticket by 16% - STILL (since my Oct. 1st call)
My prediction for the elections. . . “cool heads will prevail.”

This week’s Disgraced Politician of the Week is John Edwards. John Edwards lied about allegations that he had an extramarital affair even though it was true. The only reason that I bring him up is because had he won the Democratic Primary Election, things would look very different with less than a month left in elections. Palin would have been a shoe-in for vice president. If I were a Democrat, I would be extremely angry that John Edwards risked the most important election in our history just because he wouldn’t come clean. He’s a disgrace. If you’d like to know more, go here http://en.wikipedia.org/wiki/John_Edwards .