MMM-113: Regular Money Machine
Cramers says do index funds. Take the MMM Survey. More predictions realized. Inflation. Global interplanetary warming. Vonage. Comparing asset class performance. Where to invest in a 65-year IRA?
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Topics in this week’s show include:
- Cramer says, “I think individual stocks are too risky.” Yes, he really said that. I play it on this show. And he also said, “The best way to get to mad money is to start with regular money.” That’s what this show is all about. That helps Prediction #1 on its way.
- Do you listen on a Zune?
- Take the MMM SURVEY!
- More predictions results: #9: David Beckham scores a 70-yard goal. #4: Ron Paul does better than expected with 24% in Idaho. #6: A Fed governor resigned.
- Seattle Sounders will have “XBOX 360 Live” on their jerseys. DC United’s say “VW.”
- What is the deal with soft drink prices at restaurants these days? $1.95? $2.50? Holy cow. Ice water, please. The gobmint says there is no inflation.
- Scientists discover global warming not only on earth, but also on Jupiter and Mars.
- New book coming out The ETF Strategist looks promising.
- Paul calls to say do get a Mac and don’t go Vista
- Dave has the MadMortgageMachine.com show
- Douglas says go Ubuntu Linux.
- Why don’t they put a RFID chip in golf balls. Call it the iBall. Then use your iPhone to track and locate it. And play a song when found. (Looks like someone already has.)
- Vonage seems to work well so far… Will Verizon up my bill?
- Which asset class won over different rolling time periods?
- David from TheFastMoneyMachine.com wonders where to invest for his daughter’s IRA, planning for 65 years from now. I think this is a good time to take on some additional risk in the beginning. Tilt more toward small, value, emerging markets, and REITS, or maybe just buy PTO and be done with it. Or how about half VGENX and half VGPMX?
- The musical interpretation of Step 5: Manager Pickers
Music from music.podshow.com:
ALTA PLAZA – XRAY DOGS
Too Far Gone – The Dogs Divine
Runaway Train – Under Feather
Email me: feedback at Mad Money Machine dot com, or comment, or Call me on the Mad Money Machine voicemail line at 206-734-4763