Markowski Monthly |
AVOID THE MINEFIELD
Guaranteed stock trading strategies! Trade like the Pros! Proven trading strategies! Want to
look over the shoulder of a seasoned stock trader?
These are just some of the tag lines used by unscrupulous radio show hosts, infomercials,
software companies, and brokerage firms to sell you the dream. That dream, a newly discovered
magic formula, that coveted holy grail of investing, the ability to get rich quick. Buy their software
and become rich; attend their seminar and learn from the best; listen to their radio or television
show and get their insider tips. The entire premise of their sales pitch is timeless and effective;
the fable of getting rich quick. It is my personal contentions that “get rich quick schemes” are the
world’s second oldest profession.
read more...
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HOW TO KILL A HYDRA
Mr. Smith wants to own a home. Unfortunately, due to some missteps and financial problems in
his past, Mr. Smith has poor credit. He also did not have the funds to put money down. After
hearing an advertisement on a local sports radio station he realized that he too could own a
home. NO MONEY, NO CREDIT, WE DON”T CARE! Come on down to Easy Money
Mortgage.
read more....
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IN SEARCH OF...RECESSION
I recently received a call from a subscriber of this newsletter. He was quite distressed regarding
all of the volatility in the markets and didn’t have the faintest idea on what he should do. The first
thing I asked of him was what his time frame for his investments. He seemed a little taken back or
surprised by the question; he paused and answered, “One year.”. . . . read more...
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SANTA CLAUS IS COMING TO TOWN
I thought Christmas was over. The storage container I have to rent due to our enormous
Christmas decoration stock pile that would make Clark Griswold proud, was packed and sent
away weeks ago (We don’t have basements in Florida and my lovely wife loves to add to the
stock pile every year.) I guess they forgot to inform all of our fearless and bold leaders in
Washington, because whether it is the President, the Democrats or Republicans; they are all
falling all over themselves to play the part of Santa Claus
read more...
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Watchdog Wisdom |
RETURN OF THE BLOB
March 2006
Unlike the 1958 Blob, the modern day Blob does not resemble jelly; it, in many cases is much uglier. However, most of the despicable horrifying traits of the original Blob remain. The modern-day Blob also has a voracious appetite, it keeps getting bigger and bigger, and the way things are going with the current crop of spineless leaders we have, is unstoppable . . . read more.
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OIL NONSENSE
May 2005
Oil prices, energy, SUV’s, Kyoto, global warming...oh my!!! The battle over energy policy wages is on the minds of feeble-minded journalists and politicians. Our inability to formulate a coherent national energy policy is costing each and every American daily and is simultaneously lining the pockets of the wily Wall Street investment banks. We are our own worst enemy when it comes to energy prices. America’s collective ignorance allows for Hollywood blowhards like Norman Lear and social climbers like Arianna Huffington to pontificate on how evil SUV drivers are, while they live in 12,000 square foot homes and fly around in private jets. Another fantastic urban myth that is tossed around by our factually-challenged media outlets is the notion that the President has some sort of magic button in the White House that allow. . . . read more.
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THE TRUTH ABOUT TAXES
February 2003
Let's put tax cuts in terms everyone can understand. Suppose that every day, ten men go out for dinner. The bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this: The first four men, the poorest would pay nothing; The fifth would pay $1; The sixth would pay $3; The seventh $7; The eighth $12; The ninth $18. The tenth man, the richest would pay $59 . read more.
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OIL MYTHS: THE FINAL CHAPTER
September 2006
We currently have hundreds of different blends of gasoline that cause supply and efficiency problems, for example how dumb is it that gasoline sold in New York cannot be sold in New Jersey. If New Jersey has a shortage of gasoline and New York has a surplus, by law they cannot help each other out. Also, our country has not built a new oil refinery since the Starland Vocal Band was steaming up the Billboard charts with Afternoon Delight (1976). The moronic equivalent of that might be if General Electric decided that computers were just a fad and decided to stick with the old Smith-Corona typewriter . . . . read more.
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Headlines
Financial scams targeting
elderly on rise
O.C. man charged in investment fraud
SEC Obtains Asset Freeze, Hallts Hedge Fund Fraud by Investment Adviser in San Diego
330-year payoff in scam
BALTIMORE MAN SENTENCED TO OVER 15 YEARS IN INVESTMENT FRAUD SCHEME
Anatomy of a Financial Fraud
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