As I write this first entry, people throughout the country wait anxiously for next week's big event. Not the national election, the Federal Reserve's announcement on "quantitative easing", a euphemism for creating dollars to spur economic demand. Some experts say it's a good idea, others the opposite.
What if the Fed makes a poor decision? Could this have a profound affect on me? I think so. Similarly, next year my taxes may go up or my taxes may go down. My home may go up in price or it may go down. My state may go bankrupt or it may not. What will a dollar buy next year? To me, this appears to be a time of unprecedented financial uncertainty. I feel like I'm in a tree 50 feet up at the end of long limb and a tornado warning siren goes off. This journal records how I perceived and dealt with that financial uncertainty. I'm hoping it makes me more objective and less of a procrastinator.
Mostly I'm going to discuss my investment approach and results. It's what I'm doing, not what you should be doing. As I said, this journal is primarily intended to help me. Presently, I'm not enabling comments, but you're welcome to read about the shenanigans. I do welcome comments and suggestions via email.
