Yes, I know the market’s been weak – do you think I live under a rock?
And, yes, I know it may get weaker (all those chickens I keep worrying about) – which is why you have invested only long-term funds. Money you expect to need in the next few years you have earning 5%, pre-tax, safely in the bank, or some other such esoteric place.
But that’s always true.
Today, a travel montage:
Wonderful photos from a century ago. (Thanks, Roger!)
THE MAYORS OF LONDON, PARIS, BERLIN, AND MOSCOW
Two are gay, one is gay-friendly, the fourth was gently chided for his intolerance by the first three.
NEW YORK ON, WHAT, MAYBE $250 A DAY?
Doug: ‘Your ‘per-diem-with-allowable-exceptions’ correspondent writes, ‘But when going to let us say New York, I can still expense those NYC-priced dinners.’ Just as a small personal finance hint to your loyal readers, I thought I’d share some hints about enjoying a visit to NYC without breaking yourself on $250 hotels and $50 dinners: Stay in New Jersey and commute in by bus or PATH each day. Get an Unofficial Guide to New York and a Zagat guide to choose medium and lower-priced dining. Get theater tickets at TKTS. The Staten Island Ferry goes right past the Statue of Liberty for free. Most museums are only $10-15; the Metropolitan never charges extra for special exhibits. An MTA day pass is $7 for the whole city all day. Visiting NYC ain’t cheap; but doesn’t have to be expensive. Eight million residents aren’t all millionaires.’
☞ But we all hope to be.
Quote of the Day
Every gun that is fired, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. The world in arms is not spending money alone. It is spending the sweat of its laborers, the genius of its scientists, the hopes of its children.~Dwight D. Eisenhower, 1953
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