Margin of Safety!

Central Concept of Investment for the purchase of Common Stocks.

"The danger to investors lies in concentrating their purchases in the upper levels of the market..."

Stocks compared to bonds:

Earnings Yield Coverage Ratio - [EYC Ratio]

EYC Ratio = [ (1/PE10) x 100] x 1.1] / Bond Rate

1.75 plus: Safe for large lump sums & DCA

1.30 plus: Safe for DCA

1.29 or less: Mid-Point - Hold stocks and purchase bonds.

1.00 or less: Sell stocks - rebalance portfolio - Re-think stock/bond allocation.

Current EYC Ratio: 0.96 (rounded)

As of 1-1-18
Updated Monthly

PE10 as report by Multpl.com

Bond Rate is the rate as reported by

Vanguard Long-Term Investment-Grade Fund Investor Shares (VWESX)

DCA is Dollar Cost Averaging.
Lump Sum any amount greater than yearly salary.

PE10  .........32.46
Bond Rate...3.53%

Over a ten-year period the typical excess of stock earnings power over bond interest may aggregate 4/3 of the price paid. This figure is sufficient to provide a very real margin of safety--which, under favorable conditions, will prevent or minimize a loss......If the purchases are made at the average level of the market over a span of years, the prices paid should carry with them assurance of an adequate margin of safety.  The danger to investors lies in concentrating their purchases in the upper levels of the market.....

Common Sense Investing:
The Papers of Benjamin Graham
Benjamin Graham

U.S. Stock Market Moon Shot CONTINUES!...MASSIVE OVERVALUATION!

%

Allocation Formula

1-01-18
Updated Monthly

% Allocation = 100 – [100 x (Current PE10 – Avg. PE10 / 2)  /  (Avg.PE10 x 2 – Avg. PE10 / 2)]

Current PE10.....32.46

Avg. PE10.........16.81

% Stock Allocation 5% (rounded)

Logic behind this approach:

--As the stock market becomes more expensive, a conservative investor's stock allocation should go down. The rationale recognizes the reduced expected future returns for stocks, and the increasing risk. 

--The formula acknowledges the increased likelihood of the market falling from current levels based on historical valuation levels and regression to the median, rather than from volatility. Many agree this is the key to value investing.  

Please note there is controversy regarding the divisor (Avg. PE10).  The average since 1881 as reported by Multpl.com is 16.70.  However, Larry Swedroe and others believe that using a revised Shiller P/E mean of 19.6 , the number since 1960 ( a 53-year period), reflects more modern accounting procedures.

DYI adheres to the long view where over time the legacy (prior 1959) values will be absorbed into the average.  Also it can be said with just as much vigor the last 20 years corporate America has been noted for accounting irregularities.  So....If you use the higher or lower number, or average them, you'll be within the guide posts of value.      

  

DYI

This blog site is not a registered financial advisor, broker or securities dealer and The Dividend Yield Investor is not responsible for what you do with your money.

This site strives for the highest standards of accuracy; however ERRORS AND OMISSIONS ARE ACCEPTED!

The Dividend Yield Investor is a blog site for entertainment and educational purposes ONLY.

The Dividend Yield Investor shall not be held liable for any loss and/or damages from the information herein.

Use this site at your own risk.

PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.

The Formula.

A value based allocation strategy

February 19, 2010 by John Kingham

The

Business of Higher Education

Doug Casey on Why College Is a Waste of Money

Justin: Doug, I recently had an interesting conversation with my sister.She told me that her financial advisor suggested she start setting aside $500 to $1,000 a month to pay for her son’s college education. That’s because a four-year college education is apparently going to cost between $400,000 and $500,000 18 years from now. 

Her advisor clearly arrived at this figure based on how fast college tuition costs have been rising, which is about 6% per year based on my research. 

But you have to wonder if the cost can keep rising at this rate. It seems to me that no one will go to college if it’s going to cost a half-million bucks.What do you make of this trend? 

Doug: Well, the first thing—my advice to your sister is to get a new financial advisor. I fear that she’s relying on a complete imbecile. She should fire him immediately, and for a number of reasons. 

Number one is his assumption that the trend of higher college costs is going to continue to a totally unaffordable level. 

In fact, the cost/benefit ratio of going to college is already so out of whack that the whole system has to change radically. 

A college degree, even now, is of only marginal value; most everybody has one. And things that everybody has are devalued. You’re quite correct that colleges and universities today are dead ducks as businesses. Unless you’re going to learn a trade, like doctoring or lawyering, or you’re going for science, engineering, or math, where you need the formal discipline and where you need lab courses, it’s a total misallocation, even a waste of money to go to college today.

 DYI:
I wouldn’t go to the point of a complete waste of time; however there is no doubt that the loudness of the bang for your educational dollar has diminished to a whisper.  If you are going to pursue a degree do it as cheaply as possible.

• Avail yourself to the College Level Examination Program – CLEP – study hard and pass as many as possible the cost is a fraction spent in a college setting.

• Go to a community college that is aligned with the four year state school (far cheaper than private on average) you wish to graduate from dropping your cost further.

• On line accredited courses as well plus paying cash whenever possible to stay away from the debt servitude of student loans.

• Stay at home with Mom and Dad.  Room and board as a hotel guest of University Whatever chews up precious dollars.  Unless your parents are well off and paying the bills it is NOT worth the costs.   

• Sign up for any and all grants or possible scholarships…Yep beg for as much free money as possible.  Going to school is no longer having those fond warmhearted memories; it is a business; all businessmen and women will tell you the key to success is cost control.

College Prices Hit New Record Highs in 2016

The total published or “sticker” price for attending an in-state public university averaged $24,610 a year in the fall of 2016, the College Board said today in its definitive annual report. That cost, which includes tuition, fees, room, board, books, travel, and miscellaneous costs, is up $527, or more than 2%, from last year.

Half of those costs is room and board…Your average cost is around is around $12,000 per year or $48,000 total; a cost that is NOT worth the effort.  CLEP, community college, stay at home, beg for grants and scholarships and shop for a lesser cost school you want your degree to be under $10,000 all in AND with little or no debt.  Remember colleges or universities are nothing more than businesses so treat them as you would any enterprise.  Sorry to report that is how the F’ing world works.

DYI

The Old – New

Cold War?

Russia's Military Is Leaner, But Meaner

That's a simplistic answer from a politician starting an election campaign (of sorts: Putin is headed for re-election in March without giving anyone else a chance). The more pointed question that should be asked is this: How, with a relatively small and decreasing military budget -- 2.77 trillion rubles ($42.3 billion) for 2018, down from some 3.05 trillion rubles this year -- is Russia is still a formidable military rival to the U.S., with its enormous and increasing budget of almost $692.1 billion in 2018, up from $583 billion this year?

DYI:

Let’s get straight to the point Russia militarily nor economically is not a threat to the U.S.  The Russians have always been the master’s of playing a weak hand – they are bluffing virtuosos as their economy is only a fraction the size of the U.S - $4 trillion U.S. dollars – as compared to the U.S. at $19 trillion.  This economic size differential is the driving force for military procurement staggering both in width – lack of conventional military for political power projection and depth – lack of leading edge military weapons development.  In a head to head naval contest between England and Russia – England would win hands down.  If they can’t win against England Russia would not have a chance with the U.S.  Plus Russia suffers from lack of man power with a population of 146 million versus the U.S. with 323 million.  Bottom line Russia has staggering problems just maintaining her borders power projection is accomplished by the art of the bluff. 

The equalizing value of the two countries' well-balanced nuclear deterrents is enough of a reason to avoid direct confrontation.

DYI:

If Russia didn’t have a tactical and strategic nuclear defense shield the U.S. and her allies would have “cut up” the motherland into multiple new countries.  That by the way has the goal of U.S. State Department since the end of WWII.  First to dissolve the Soviet Union then with the loss of the Caucasus’s, the Lapland’s in the north and the grand prize all land east of the Ural Mountains cutting Russia to a fraction of her size.  Of course these new countries would be nothing more than puppets for the Alliance – U.S., U.K., NATO and the EU along with their representative global natural resource corporations.   

But leaving that aside, Putin may well understand the nature of modern military challenges better than U.S. President Donald Trump and U.S. legislators -- and Russia's authoritarian system may be more efficient when it comes to military allocations. Note that Russia is now almost an equal to the U.S. as a power broker in the Middle East, where the Russian military has just helped Syrian President Bashar Al-Assad effectively win a civil war -- in which the U.S. was helping the other side. At the same time, Russian defense spending numbers are deceptive. The country is far more militarized than its defense spending suggests. That level of security spending is only sustainable at the expense of Russia's future. 

 DYI:

What power projection Russia is capable of is always close to home.  Syria is far closer to Russia thus much shorter supply lines as compared to the U.S. that needs to sea and air lift supplies – a distinct and clear-cut geographical advantage.  Russia will spend a small amount of money with an excellent possibility of positive results that so far has played to their advantage.

All of this talk of Russia, Russia, Russia, is just that – ALL TALK.  Russia is a country in decline lacking a vibrant economy and a small population base despite her vast land mass.  It is the U.S. Military Industrial Complex desires a new cold war to feather weapons development and deployment profits.

DYI

The MSM does not report real events, it subsists to entertain or titillate and propagandize the masses as diversions from real events and their consequences.

Princess Diana

[Memorabilia is lucrative]   

The following is a theory on what actually happened with Princess Diana.

The Death of Princess Diana – August 31, 1997 – may have been a staged event done as collaboration between the Governments of France and England and the House of Windsor, Big Media and Diana herself. The story that has appeared in the media is that Diana and her new boyfriend were killed in a car accident in Paris last week as a result of being chased by a pack of wild photographers.

We, the general public were supposed to be outraged by the actions of the media.

Many people believe that the death of Diana was the biggest staged media event since Live Aid.

[DYI:Marilyn Monroe fits more aptly than Live Aid]

This will go over the very strong motivation for Princess Diana to disappear and also provide a scenario that this could have happened. Many parties had much to gain from the absence of Diana. They include the House of Windsor, big Media and even Diana herself. Working together they have allowed Diana to go into a life of luxurious exile with her boyfriend.

Prince Charles would never have been able to become King with Diana still in the public eye. The house of Windsor has as much real political power as any of the other Royal families of Europe. They still have significant financial and symbolic power. "Big Media" includes organizations such as CNN, BBC and Fox News. Rating for CNN has crashed since the OJ Simpson trial [Jan – Oct.1995]. They needed something to take it's place, preferably something with more worldwide appeal. Diana has spoken about lowering her public profile for years.  She did not have an effect on the packs of photographers that were constantly invading her private life. If you can't beat them why not join them?

In exchange for a normal life the media would get the biggest story of the century. So the stage was set for the greatest ruse in the history of media. Photographers would take pictures of Diana getting into a car. She would go to a second point where they would switch cars with stunt drivers and they would fly a private jet to her new South American estate. The first car with the stunt driver would then embark on the way to the tunnel where it was crashed. The stunt drivers are then taken away and later released. The house of Windsor looks good, the ratings for CNN skyrocket and Diana is allowed to live a normal life. Even the funeral held clues that the story of the Century had a major hidden element. It was simply too well down. Too smooth and too well scripted. Even Elton Johns rewritten, "Candle in the Wind" seemed like it was practiced longer than a week.

Everything from the build up to the accident, the coverage of the accident and finally the funeral seemed that it was staged like a motion picture plot. Princess Diana may have really died in Paris but there is a chance that she watched the whole thing from her island paradise without a photographer in sight.

DYI:

Let’s bust this main stream media story from a different direction showing all too well this is a faked death supporting this unknown author.

First of all this is Princess Diana not some middle class British citizen on holiday in France.  Why do I bring up the obvious?  Does our traveling middle class British citizen with resources as Princess Diana – I think NOT and so do you.  Second Princess Diane has multiple handlers who could easily block the press from initially following their car; plus they would have escort vehicles in front and behind to discourage any aggressive press from following and once arriving at Hotel Ritz in Paris uniformed French police – including French and British intelligence service – insuring easy access – free of marauding press – whisked seamlessly and effortlessly to their hotel room.  Before I forget would Diane’s handlers allow her driver to use drugs and alcohol?  Not a chance…Remember this is Princess Diana not our middle class British citizen on holiday in France!

Nothing in the official story makes any sense if you have any idea how these elites live.  And don’t be taken in for a second by the story told in Wikipedia, who ever wrote it his or hers prose is superb piece of fiction.  Where is Diana today?  Who knows?  South America as the author speculates?  Your guess is as good as anyone else.

DYI

Christmas

Wish

Generational Dynamics

The 'anti-war movement' in World War I

Antiwar writings began appearing in both Britain and Germany. In England in 1917, Wilfred Owen, a 24-year-old soldier, wrote "Anthem for Doomed Youth":

What passing-bells for these who die as cattle?

  Only the monstrous anger of the guns.

  Only the stuttering rifles' rapid rattle

Can patter out their hasty orisons. 

No mockeries for them; no prayers nor bells,

Nor any voice of mourning save the choirs,—

The shrill, demented choirs of wailing shells;

And bugles calling for them from sad shires.

What candles may be held to speed them all?

  Not in the hands of boys, but in their eyes

Shall shine the holy glimmers of goodbyes. 

  The pallor of girls' brows shall be their pall;

Their flowers the tenderness of patient minds,

And each slow dusk a drawing-down of blinds.

Ironically, Owen died in 1918 in the same week that WW I ended. The "Doomed Youth" that he described have become known as the Lost Generation, in the same generational archetype as today's Generation-X.

DYI: 

The War on Terror since 911 (6,251 combat deaths) was and continues to be a total fraud.  Almost no thinking American citizen believes the cooked up, errors, fabrications, and gross omissions – Salomon Brothers (building #7) Building openly admitted on camera owner Larry Silverstein having his 47 story high rise “pulled” jargon for demolition and then never mentioned in the 911 Commissions final report.  National Institute of Standards and Technology (budget $964 million) gave us their final briefing – or should I say dog and pony show – inferring that Sir Isaac Newton’s multiple engineering laws did not apply to the Twin Towers or the fact that no steel structure building ever has collapsed due to fire except the Salomon Brothers high rise.  The list of outright lies and fabrications are endless; as more and more of our citizens are coming to the conclusion this wretched history was an inside job planned by our own government and executed by the Israeli Mossad.

What passing-bells for these who die as cattle?

Bring Our Troops Home!

Our troops are neither cannon fodder nor mercenaries; and yet today they are being used all for the pursuit of oil and gas and to feather the profits of the Military Industrial Complex which grinds down the economy due to our non-stop war based footing!  This is just one of many aspects of our fraudulent government/corporate directed elite controlled shadow government and orchestrated by the Deep State. 

A Christmas present to remember!  Bringing the troops home would be a great first step returning America one step closer to our Founding Father’s vision as a country ruled by Constitutional Law.  Now that’s a Christmas to remember!

DYI

Sandy Hook

Hoax

Faked Shooting 

DYI: Silents of SAD [Special Activities Division] victims 26 surviving.  S.A.D. is a division of the CIA below is their emblem.  

DYI:

Hopefully most of you are up to speed that Sandy Hook was a complete fake.  That’s correct no was shot or killed a psychological operation carried out with FEMA, Home Land Security, and the ever present CIA Special Activities Division.  Yes the title of the home made sign spells it out – front and center – that Special Activities Division had their hand in the Obama Gun Grab road show.  I’m simply amazed how far we as a nation have allowed a Fascist government to spawn.  Enough for now especially with the holidays fast approaching.

DYI

Restoring

America

U.N. official: wealth inequality, poverty destroying 'American dream'

DYI:

The entire article by United Press International (UPI) only mentioning the symptoms not once even speculating regarding the causes such as the Federal Reserve, legality of taxes on income, excessive regulations, unconstitutional agencies, big government married to big business, marauding criminal behavior, and a war economy since 911.

The Federal Reserve – it is not federal but private and has zero reserves – was designed from day one to benefit the elites.  A fantastic book describing the how’s and why’s of the Fed is The Creaturefrom Jekyll Island written in everyday language without charts or any math yet describing and explaining completely with entertaining prose.  My latest copy is in its 5^th edition and 39^th printing; author G. Edward Griffin has single handedly informed and aspired more Americans – in the effort to do away with this devilish private company – than any other writers or commentators combined.

Along the same vein of the Federal Reserve; XVI amendment passed by Congress July 2, 1909 and ratified by the States on February 3, 1913 legalizing the taxing of income(s).  This paved the way for the Federal Reserve passed into law on December 23, 1913 to shift from cash and gold based to an economy driven by debt thus benefiting the elites who own the money centered banks.  These two events are the hand and glove; as the Federal, State, or local governments borrow money the biggest purchasers of this debt is the New York City banks – the elites – thus a portion of your taxes – in service of the debt – going into the hands of the richest families in the world.  A scam of biblical proportion! 

What is required is the obvious – close the Federal Reserve and repeal by constitutional amendment the taxing of incomes.  The Treasury once again produces debt free based currency backed up by convertibility payable by our government in gold and silver.  Plus allow by law the payment of both private and public debts – subject to current market convertibility – any other nation’s currency as well.  This would create a thriving competitive market place holding the wealth of our citizen’s earnings and no more complicated before the European Union with their various currencies.  With today’s technology this would be handled easily and seamlessly.

Excessive regulations, unconstitutional agencies, all contribute to the galloping growth of the Federal government that is now joined at the hip with big business.  Revolving door as government regulators move effortlessly from business to the government that is regulating has fashioned and conceived a hot bed of marauding criminal behavior.  Exemplified and outright showcased by the banks who are repeatedly fined – but no one ever goes to prison immoral revolving door of corporate to government.  Arresting, prosecuting, and imprisoning a possible fellow employee is one hell of damper of securing a high paying corporate job after leaving government service.

What is required – easy to say; staggering in its effort to achieve – is two fold will inspire those on the left and right politically.  The left and rightfully so, see’s big business as an impediment to good government and the right equally see’s big government as an obstruction to a growing economy.  Both are correct.  They feed off of each other benefitting both to the determent of the public by subjecting the populous to high taxes supporting big government and by big business significantly reduces a competitive market place for goods, services AND EMPLOYEES.  The monopolistic corporations need to be trust busted just as Theodore Roosevelt did in his time AND major government agencies need to be dissolved thwarting and limiting the collusive nature of big business and big government.

Wars of perpetuity must end.  The war on terror is a ginned up fantasy all to the benefit of the Military Industrial Complex.  The majority of Americans now know that the 911 Commission Report is a complete fraud in its effort to place blame on others – false flag – when our own government – along with the help of the Israeli Mossad – killing close to 3,000 innocents.  Afghanistan, Iraq, Libya, Lebanon, and now mission creep in Syria with war drums beating over North Korea as well.  How do we end this?  The answer is simple load up our men and women plus their equipment and LEAVE.  That is what we did in Vietnam and that is what we need to do for all of these countries as well.  This isn’t soft on defense only going to war for real reasons not fabrications only to benefit owners – elites – of the Military Industrial Complex.  And it goes without saying a perpetual war footing sucks the lifeblood out of the civilian economy.

'Eternal vigilance is the price of liberty.'

This list is far from complete but hopefully highlights major battles that need to be won in our efforts to restore the Republic to a nation of laws based upon tried and true morals creating a backdrop of ethics and values any everyday citizen understands and is willing to rally behind. What we have today is a rule of men – Trillionaire Elites – as they battle for dominance over America with psychopathic ambitions to outright rule, conquer, and subjugate the world’s population into a corporate/government feudal state.

DYI

Sweet distraction: The sugar industry has been hiding evidence of its health effects for nearly 50 years, researchers discover

It’s something everyone knows, but not everyone is willing to talk about it: Sugar kills. Consumers know it, although many prefer not to believe it so they can keep eating their favorite candies and cakes. Doctors know it, but not all of them tell their patients, whether it’s for self-serving reasons or just part of the general lack of focus on nutrition many doctors exhibit. Pharmaceutical companies know it, but they, too, are happy to keep quiet about it as they collect their diabetes drug profits. Most of all, however, the sugar industry knows it – and it’s something they’ve been covering up for half a century.

Study co-author Stanton Glantz said: “The kind of manipulation of research is similar [to] what the tobacco industry does. This kind of behavior calls into question sugar industry-funded studies as a reliable source of information for public policy making.”

Unfortunately, as the researchers point out, it’s just one of many pieces of proof that industries manipulate science to serve their own commercial interests, and it’s a practice that is unlikely to stop any time soon. Whether we’re talking about cigarettes, vaccines, antidepressants, pesticides, or something as basic as sugar, those who stand to profit from something will always do their best to make it seem like a product that helps instead of harms despite mountains of evidence to the contrary.

DYI

Fascist

America? 

DOJ Wants Protesters & Reporter Convicted For 'Hiding Behind The First Amendment'

Pretty much everyone should agree that protesting is legal and protected under the First Amendment. Obviously, vandalism and property destruction are not. But, the incredible thing about this case and the arguments that Qureshi made is that he didn't even bother to claim that the six defendants participated in violence or property destruction. He just argued a form of aiding and abetting the violence and damage, just by being present, and complained that they were "hiding" behind the First Amendment. Here's a snippet from the Washington Examiner's report on the closing arguments:

During closing arguments Thursday, Assistant U.S. Attorney Rizwan Qureshi offered no evidence that the six committed acts of violence or vandalism, or attended planning meetings for an anti-capitalism march that ended in the arrest of about 240 people in downtown Washington. Instead, Qureshi likened the defendants to robbery get-away drivers, guilty because they helped anonymize others in a crowd. “That’s exactly what this sea of black was, it was the getaway car,” he said.

Think about that for a second. He's claiming they are GUILTY BECAUSE THEY HELPED ANONYMIZE OTHERS IN A CROWD…This is pure insanity on multiple levels. First, anonymity is, by itself, protected by the First Amendment. Second, your own First Amendment rights don't get thrown out just because prosecutors can't find the actual perpetrators of violence in a crowd and decide to nab you instead. That's not how it works.

Trial Set To Start For Journalist Facing Decades In Prison For Covering Inauguration Day Protests

If this goes forward, the evidence should clear him of charges. But even if it does go quickly and smoothly, Wood's life has been permanently changed, and not for the better. He hasn't been able to concentrate on journalistic efforts since he was arrested, thanks to the severity of the charges.

 If the government finds a way to hang one on Wood, independent journalists and those working for smaller agencies will start steering clear of protest coverage just to be on the safe side.

 And that may be the government's unstated goal -- fewer eyes witnessing anti-government sentiment and/or the tactics used by law enforcement against people utilizing their First Amendment rights.

DYI:

Bingo, a direct hit, spots on…Nothing more than an out of control government smothering independent reporters during anti-government rallies.  America has been moving pell-mell towards flat out Fascism since the end of WWII whether it be Democrats or Republicans.  Faked deaths, faked shootings, real false flags have been part and parcel of American history.  “Eternal vigilance is the price of liberty” an endless and timeless struggle to free citizens and remain free from tyranny.  As a nation we are in the fight of lives; hopefully freedom will rein supreme through the ballot box or the courts – if not – then by force of arms.     

DYI

Puerto Rico

The Next Detroit?

The next crisis for Puerto Rico:

 A crush of foreclosures

• Puerto Rico is headed for a housing meltdown that could rival what happened in Detroit.
• About one-third of the island's homeowners are behind on their mortgage payments to banks.
• The looming crisis means the aftereffects of the storm will be felt for years to come.

Matthew Goldstein

First came a brutal 10-year recession and financial crisis that drove businesses from this island and left 44 percent of the population impoverished. Then, in September, Hurricane Maria, a powerful Category 4 storm, shredded buildings, wrecked the electrical power grid and possibly led to more than 1,000 deaths. 

Now Puerto Rico is bracing for another blow: a housing meltdown that could far surpass the worst of the foreclosure crisis that devastated Phoenix, Las Vegas, Southern California and South Florida in the past decade. If the current numbers hold, Puerto Rico is headed for a foreclosure epidemic that could rival what happened in Detroit, where abandoned homes became almost as plentiful as occupied ones. 

Puerto Rico's 35 percent foreclosure and delinquency rate is more than double the 14.4 percent national rate during the depths of the housing implosion in January 2010. And there is no prospect of the problem's solving itself or quickly."If there is no income, the people cannot make payments," said Ricardo Ramos-González, coordinator of a consumer legal aid clinic at the University of Puerto Rico School of Law. "Thousands have lost their jobs, thousands of small business have closed, and thousands more have left the country. 

DYI

Retirement

Myth?

Asked About Retiring, They Have a Simple Answer: Why?

Once at the courthouse, Judge Weinstein has coffee and gossips with colleagues. By 9, he’s at work hearing motions, reviewing filings, sentencing defendants. In the afternoon, he tries cases. 

None of that is so unusual. But Judge Weinstein is 96 — decades past the age when most Americans choose to stop working. 

Judge Weinstein is one of the more than 1.5 million Americans over the age of 75, who are still in the paid work force, according to the Bureau of Labor Statistics. 

While the study does not list their specific jobs, many work at occupations in which skill and brainpower count more than brawn and endurance. Some are self-employed and aren’t subject to mandatory retirement rules. Others are stars in their fields — no one has ever suggested that Warren Buffett, 87, quit investing. And there are others, a growing cohort, who remain at their posts because of financial necessity.

DYI:

A New York Times – written by Claudia Dreifus – puff piece highlighting upper income white collar professions with only one line mentioning those working past age 75 out of necessity.  Retirement has morphed into a myth for the majority of Americans – working full or part time – out of complete necessity.  Old style retirement plans replaced by do it yourself 401k plans thus shedding retirement costs for the corporate world.  State government workers – teachers, firefighters, and police, along with their vast support crews – are in the throws of shedding old style pensions replaced with 401k plans as well.

Today all aspects of one’s financial life rest completely on the shoulders of the individual – for the minority an improvement but for the vast majority of cases worse.  DYI is not going to delve into the politics of finance but address the hand that is dealt to most Americans with two simple suggestions [This is not addressing the financial problems of today that would require multi-set book.].  First for basic investment is to follow my model portfolio…Simple as that! 

Or for those desire a simpler approach here is my suggestion.  Use Hussman’s Strategic Total Return Fund have ½ reinvested and the remaining ½ paid out to your checking account.  Set up an automatic draft from your checking account and buy.  Every year or so increase the draft going into the fund; plus when  you get a raise increase the draft by ½ of the raise – a promotion, yep you get it, ½ into the fund AND as the dollars coming in from investment income increases – yep you get it again – increase the dollars.  The long term goal is to have your entire paycheck going into the fund.  Someday there will be an app that does this for you that start’s you off something like 5% of your pay and every year automatically increase 1 or 2 percent.  Never-the-less a simple approach anyone with a thimble full of motivation can achieve.

 DYI

NASA

Never A Straight Answer

NASA’s at one time was the gold standard of fake news at their pinnacle with the faked moon landings all accomplished and only occurred during the Nixon Administration – they didn’t call him “Tricky Dick” for nothing.  This bilked the American tax payers out of 25.4 billion dollars – translated into today's dollars 154.08 billion at an average inflationary rate of 4.0% [the official consumer price index is under-reported pushing this significantly higher].

NASA is nothing more than an arm of the Military Industrial Complex – and a bevy of fraud – cost over runs.  Does the U.S. have space stations in orbit?  You bet your ass we do!  Multiple platforms both manned and unmanned.  With 4,000 [yes four thousand] active duty astronauts from all branches of the military plus selected civilians going into orbit continuously with space planes capable of taking off and landing from runways.

The International Space Station is a fantasy science fiction the likes of Star Trek or Star Wars, all for the American public – to  justify their 18.4 billion dollar annual budget.  This spending is far greater than a mere 18 billion – a rounding error considering the Fed’s yearly spending – augmented significantly from DOD, all branches of the military, Defense Advance Research Projects Agency (DARPA) feeding the flock of  contractors.  It would be rude and insensitive if I fail to mention the ever present boys and girls of the C.I.A along with their private sector apparatus of Booz, Allen, & Hamilton [Edward Snowden as the NSA whistle blower he worked for Booz, Allen, & Hamilton].    

The reason – more in the form of a question – all of the talk from the Trump Administration going back to the moon (for the first time) and then on to Mars; the answer is far more terrestrial or I should say orbital.  NASA has not conquered manned exploration passing through the Van Allen Belt(s) due to high levels of radiation.  This is necessary for a manned space station placed into geosynchronous orbit.  Geosynchronous orbit (22,236 miles up) has many benefits.  The obvious is monitoring vast portions of earth continuously thereby able to coordinate our terrestrial land, sea, and air units.  Of course the platform will have weapon systems of its own – all of the usual toys empire’s dream  of – lasers, missiles, possible weather modification devices etc. all with an orbital decay rate slower than molasses on a cold winter’s day. [International Space Station being in low orbit would have a significant orbital decay rate without rockets to boost its orbit it would have crashed to earth years ago.  [Since it doesn’t exist – nothing to worry about!]

America has morphed from a Republic to Empire.  All of the phony mass shootings, fake space stations, faked deaths, along with real false flag events of 911 designed for multiple agendas to mold the American public into obedience and acceptance of our Fascist’s Empire called America.  If enough Americans awaken, the ability is there to “bounce back” to the Republic of Truth, Justice, and the American Way of Constitutional Law.

Best Wishes and God Speed.

DYI

  

Believe Nothing...Challenge Everything...Skeptical Citizen is an Informed Citizen!

 Possible Scenarios

1.) Murder

2.) Suicide

3.) Faked His Death

Kentucky State Rep. Dan Johnson dies of 'probable suicide' in Mt. Washington

DYI:

I don’t know whether this was scenario one, two or three.  Matter of fact I know virtually nothing regarding this individual.  What I am saying is when it comes to news reports never take them “as is”.  Reporters will receive a press release do zero checking for authenticity simply to fill product for print or internet newspapers.  What I can say it is very rare for politicians to commit suicide as most are very self centered individuals…So...Murder or faked his death would be my first line of investigation.

DYI