BUSINESS, EDITOR'S DESK, EDITORIAL, Reader's Choice

Do We Have A Witness? GE.

AUGUST 18, 2019. The shocking is often unbelievable until it’s believed. Does a historic track record of truth matter? Not really. It’s more fun to simply scoff and savage the messenger. There’s always time to act like you were a professional from the start.
Harry Markopolos has a track record. You’ve heard of Madoff. Harry made that call, four times. The SEC slid his 30 page Madoff Ponzi scheme road map into the trash and split for lunch. They treated him like some mad urban shepherd spouting stories of invisible monsters.
On Thursday Markopolos made another call, this time on GE. He was promptly encircled and ripped on by smug CNBC “hosts.” Aren’t they paid to shed light? No apologies for stark professional failure will be forthcoming. That’s how arrogance works.
Never mind that the man clearly stated his expertise is forensic accounting, and that he and his team worked for seven months investigating. Providing a bullet-point breakdown went nowhere. That’s also how arrogance works.
Charges are just that, until proved. Skepticism is human and healthy. Brute contempt upon first hearing is known as arrogance. “Do We Have a Witness? GE.”

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BUSINESS, EDITOR'S DESK, EDITORIAL, INVESTING, MONEY, Reader's Choice

Blind Investing by Fidelity. It’s More Fun Without Those Pesky Facts.

JULY 18, 2019. Someone wants your help with their Fidelity retirement account you say? Nice. Fidelity’s literally got that covered. Their “Limited trading authority’s” darkly ingenious. Just close your eyes and select.
Who doesn’t enjoy a blindfold for a car rite, or while investing? Handcuffs and half-facts too. Relax, it’s only your nest egg. All mutual finds smell different over the phone. Besides, investing research grows dull when you can actually see the facts.
Admit it. Everybody loves game show-style retirement navigating. Details muck everything up. Fidelity’s unique Zero-View format is for anyone attempting to help a participant in any of the retirement plans they manage. How? Fidelity snaps off the lights and instructs you to ask questions, over the phone. Two ways past this bat-mad lunacy. “Blind Investing by Fidelity.”

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FUNDAMENTALS, INVESTING, MARKETS/ECONOMY, MEDIA, Reader's Choice, TECHNICALS, THINKING NOW

Bank Shots. Rates Play Rim Protector.

APRIL, 6, 2019. Buckle your couch belts for all the excitement. It’s simultaneously time for both the Final Four, and Earnings Season. Did your bank transfer? “Survive and move on” remains the way. Please be advised. No shortage of Cinderellas or shilling money managers exists now. And once again, none will fail to foul or front for their favorite financial.
It’s make believe time all over again. Super-heated gases will leak forth from your screens. Back up., content and advertising will meld. Trash will be talked. This smear of nonsense will end only after earnings are done, the nets are cut down, or CNBC finally bloats into a purely promotional gas giant.
“We love Tech–and the financials right here.”
Goddammit. Jamie Dimon doesn’t even “like the financials right here.” “Why do you like the filthy financials?” “They’re cheap, like dirt, and they hit their fros.” Well–of course they do. What else have the banks had to do, except work their fros? NIM is nonexistent.
The banks haven’t done a goddamn thing since that guy on the $10 bill was running the Treasury. What about now? Did Wells Fargo, Chase, or Skank of America transfer to your Final Four? STOCKjAW takes a reality look, again.

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CREDIT CARDS, CULTURE, EDITOR'S DESK, MONEY, Reader's Choice, THE AMERICAN DREAM, THINKING NOW

Service Sector Smilin’. That Wallet-Pryin’ Fun.

FEBRUARY 19, 2019. Being treated with “Elite” status feels up-lifting, like a warm oily ass massage. And that’s precisely what it is. It’s just business. Well, of course it is. Neither your doorman or your waiter with your spoon love you.
In this world you will receive wedding “invitations” to be a”guest” with you paying the entire nut, and for the gift that absolutely everyone will see and judge. 2K later you wonder what kind of person calls you their “friend” and “invites” you to be “their guest” at a resort on the opposite coast. The wedding industry established that absurdity. That’s all just service sector speak, coast to coast.
Often, very smart people direct very clever and chic businesses. That includes many financial services “firms” flogging frozen dog scat they refer to as “retirement planning.”
Such people intimately know how to open your wallet effortlessly. No crowbar required. That’s their dollar snugged into your wallet. They do this magic like a stone pro, and they are. You are the wallet-flower they cooz into bloom. Next and without exactly realizing it, you’re burning for that honey love. It’s all good. Play along and enjoy. You’re payin’ for it. It’s just “Service Sector Smilin’. That Wallet-Pryin’ Fun.”

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BUSINESS, CREDIT CARDS, CULTURE, Editor's Choice, EDITOR'S DESK, FUNDAMENTALS, MONEY, Reader's Choice

Here Comes The Good Stuff. 4K More Than Before.

FEBRUARY 16, 2019. Habits create your reality. That tidal power is always at play. What do yours say? Do they pay? They can.
Find your way into your own pay line. Be there every time. No hand of heaven will reach down to slip you in. It’s on you–always has been. It’s your money, unless you deal it out. There’s no secret here, only choice. This one you can definitely do, now. It will dramatically transform your life. We live in a different world now. And so can you. Here’s what our new world looks like, and how to get there.

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BUSINESS, CULTURE, Editor's Choice, EDITOR'S DESK, FUNDAMENTALS, MONEY, Reader's Choice, THE AMERICAN DREAM, THINKING NOW

Greedy Creep. Truth.

JANUARY 28, 2019. Money is a means to an end, not a measure of personal success or value. When others measure by net worth or car driven, they’re on their own bent meaningless ride. Neither was money ever “the root of all evil.” Money is a tool just like electricity. It’s a tool that exists within a cultural context of confusion.
Like electricity, proper respect is required if you hope to benefit. Time matters and doing nothing abut your money will leave you and those you love in serious trouble.
Money is precisely about being able to take care of those you love. That’s love in action. Is there anything more important?

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BUSINESS, CREDIT CARDS, EDITOR'S DESK, MONEY, Reader's Choice, Specials, THINKING NOW

Equifax Man. Steal It. Sell It.

JANUARY 26, 2019. What’s not to love? Equifax, Experian, and TransUnion, all high-jacked your data, regularly flog it to whomever they please, refuse you a slice, make you beg or pay for access, and then in Equifax’s case lose it. Where does that leave you? STOCKJAW takes a look.
Identity thieves, drug cartels, and the mob all behave in the above manner. After creating the problem, the credit cartels now want to sell you the “solution.” Sound familiar? Speaking solely for ourselves, we want some pay-back. But how? Can we make them work for us? They deal in your sensitive data, but can’t promise to keep it safe, even from their own bungling. Perhaps they can provide some safety from other thieves. In varying ways they’ve provided a process. Here’s precisely how.

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