Why There Are Gold Bugs & Silver Stackers

According to Quicken, we spent almost exactly 25% more on groceries over the last 12 months than we did the prior 12 months.This shocked me, but my wife and I figured out that when she's gone to Costco with her friends over the past year she has used her credit card (because she's the member) and her friends reimburse her in cash (which she spends on who knows what, but I know better than to go there), but we can only guess at the amount of the reimbursements. A very rough estimate is that our grocery bill is actually up about 15%.--Percy

I've probably told this story before, but anyway, I used to manage my own stock portfolio. I did all my own research and made all the decisions about when to buy and sell. After about 10 years I was totally disgusted with how badly I'd done and completely abandoned the effort. Whatever stocks I owned when I quit just sat there, untouched. I didn't check broker statements or notices of shareholder meetings or annual reports or anything. I just dropped the whole business.About 20 years later as retirement was getting closer and it was time to start managing our money better I finally took a look at my old stock account. It had done fantastic! Ignoring it and doing nothing was the best strategy.--Percy

More like the mystifying musings of a man in the midst of a mania that makes him manufacture a morass of misapprehensions from YouTube.--Percy

Mine wants to change it to perky!--Percy