|Ramblings & A Question|
Gas prices are up.
House prices are up.
Comic Book Prices are up.
I seem to be seeing a lot more penny stock pitches lately too.
So, where's the inflation? Sure seems like inflation to me.
Aren't rates bound to go up, house price appreciation to slow (whichever comes first)?
Not to mention the uncertainty regarding war, the stagnation of Europe, not "low" P/Es for sure and litigation hangovers and other macro threats to other industries (real estate bubble bursting, Spitzer's attack on insurance, big pharma drug withdrawls and lack of blockbuster creation)...
So, what's the positive story? A republican government (but what about spending), technology (nano? hyrbid cars? internet? cost savings?)? The US remains the best/safest place to invest (defecit?, dollar??
By the way, what's up with Berkshire Hathaway?
So Paul, Spek, brinks et all here's the $64 question: If you could invest in one fund or stock for your newborn boy's future (can't be cashed for 18 years) where would you invest?
-HoyaSaxa, new father, fully invested (top holdings Berkshire, Centerpoint Energy...20 other postions including Electronic Arts, Cendant, Disney).