CitiGroup Inc. will be OK
11-30-07: We apologize for the lack of post in recent months as things have been crazy. We hope to post more of our thoughts after the New Year. As we close out 2007, one thing is clear; the stock market remains an exciting investment vehicle. The roller coaster ride is normal and should be viewed as positive. Markets will rise and will fall. This is all perfectly normal. When it rises, keep in mind that it will not last for long. This is why we encourage folks to take profit whenever possible. The philosophy we have been using is 20 percent. If one can earn 20 percent on their investment, you have essentially beaten the rate of inflation and some. On the flip side, market turmoil also provides us with opportunities to purchase some of the best companies on the cheap. On stock we believed is worthy of consideration is CitiGroup Inc (NYSE: C)
11-06-07: As the price of oil approaches the $100 mark, we are remarkably surprise at the lack of consumer complaints and outrage. Perhaps it is because the price at the pump has not yet resonated throughout the country. Here in the West, gas price is almost $4/gallon and driving to work is becoming a luxury. Sadly, there is little relief in sight as winter approaches.