Tuesday, April 29, 2008

Helpless, Helpless, Helpless

Misinformation followed us
Like a plague

Going to cash, last year, felt good. I hadn't done that since 1998, and back then I was too ignorant to get nervous about it.

Getting out of cash, on the other hand, is turning out to be messy. The cacophany of Klaxons is overwhelming. And they're all sounding different tunes. Between Jeremy Grantham and good old Grandpa Vince Farrell, I change my plan every five minutes. Somebody's fooling somebody somewhere.

It's gotten so bad that, last week, I called Vanguard and asked them for financial services.

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