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As we know, last year was a nightmare for capital gains and dividends.
The capital losses rolled over investors like tanks on their way to a war.
It's great if you can start the New Year on the right foot: A capital gain without any loss.
I've done just that. I've sold my shares in Thompson Creek Mining for a nice profit. The profit wasn't huge only $200, but it validated my ability to buy and sell a stock at the right time.
Thompson Creek is good company that mines Molybdenum, a mineral used in steel to strenghten it.
During the rush into commodities last year, the stock peaked at $25.00 a share. It's now in the $6.00 range. I bought into it a couple a weeks ago when it was $4.00 a share.
It's symbol on the Toronto Stock Exchange is TCM.TO. It should do well when the infrastructure projects start going in China, The U.S. and Canada.
On a higher level of reality, there are spirits and aliens who support the efforts of earthly governments to get mankind out of the present recession and there are those who want to push us into a deep depression.
For those who are working towards becoming superbeings, it is imperative that you handle difficult challenges on Earth like the present economic slowdown.
You can't walk (fly?) away from Earth until you leave as a winner.
Instead of just manipulating money to make more money on oil and commodity futures. We have to use money to build a new economy and infrastructure that will help individuals realize their dreams.
There is divine assistance to bail out humans if necessary.
The surprising thing about 2008 was how quickly, the bad investments in toxic paper and ludricous energy futures of $200 a barrel came to a head so quickly. It simply demonstated to me that many incompetent financiers were controlling too much money. By the year's end, the world's stock markets had collapsed like a house of cards.
Not only did those with lots of money engage in panic selling, but hedge fund managers sold off their blue chip stocks to cover crazy future contracts in commodities and energy. Moral: Just because you have a big bank account doesn't make you a smart businessman or investor.
No doubt, many of these CEOs and money men have been given the boot already. There is a need for much more competent and dedicated businessmen/financiers in the U.S. Hopefully, the new President of the United States, Barack Obama, will encourage changes in the management of Corporate America.
I'd like to think ahead for a positive 2009 where we've learned many lessons from 2008. There are opportunities for real job and wealth creation in the U.S. and Canada. Lets take a look:
I lost some money in mutual funds and stocks during 2008, but I'm not going to give up investing because I got an investment haircut.
I have an online trading account and a tax free saving account where I can put a few dollars if I have any. I don't know if U.S. banks have that kind of account, but The Canadian Government has approved them for Canada in 2009.
Happy New Year! Happy Investing! Happy Saving! And most of all, I wish you success in those activities and relationships that mean a great deal to you.
Despite the recent crashes in the housing and stock markets, the boomers still remain the most influencial economic group today. Most of them have paid off their houses and many of them have inherited wealth from their parents.
While most of the boomers have taken a haircut on their home equity and stock portfolio, they're still able to function mentally and financially in the present time.
Like the ruling establishment during the late 1960s and the early 1970s who called the shots back then, the financial establishment called the shots in the early 21st century. The boomers fought against the latter, now they're fighting against the former.
The corrupt political establishment went down with Nixon and Watergate in 1973. In a similar way, the corrupt financial establishment went down with its "investments" in 2008.
The ones who lost billions, millions and hundreds of thousands of dollars, not only lost money but hope as well. Their pessimism permeates the media. Why? Misery loves company.
With all the speculation going on over subprime mortgages, oil and commodities, it was only a matter of time before these HOT AIR BALLOONS came back to Earth.
Most of us are being forced to pay off debts and spend and invest wisely. With governments this includes work on necessary infrastructure projects like roads, sewers and bridges that have been neglected for a long time.
This also includes investment in green technology which will replace much of the 20th century manufacturing base of gasoline engines and dirty energy.
Many baby boomers want to live another 30 or 40 years after retirement, so they continue to be actively engaged in 21st century life. They demand change and progress in the global financial/economic community.
They will invest in the next big thing and the investment programs of Obama and other leaders in the world.
They won't hang back and dwell on the losses of 2007 and 2008. They will move forward to a more prosperous future.
When Jesus spoke of "Becoming like children in order to enter Kingdom of God", he tapped into a childhood belief in things unseen and hoped for. This visionary power is often exploited by Hollywood in children's fantasy movies and toys.
The development of Christmas over the ages has been quite miraculous. Check out the History Channel on this subject.
I've also created my own zany webpage for funny Christmas songs that you can enjoy over "The Happy Holidays".
I'd like to wish you and your family all the best for this special season and leave you with "A Vision Of Christmas World":
"The First Heaven of Jesus Christ" was created from the hopes of dreams of children. Children have an incredible perception of a world where peace, magic and Santa Claus exists. To an adult population, this intuitive sense of an eternal reality is trivialized as mere fantasy. Yet the Christmas traditions of gifts, lights, carols and magical elves endure like none other.
The desire of most of us is to create a world where "Peace On Earth And Good Will Towards Man", actually exists. That place isn't present time Earth but it's the First Heaven of Jesus Christ. We contact some part of it at Christmas time each year."
Plaid Tidings is a sequel to another musical called "Forever Plaid".
Basically, these are four zany guys who like to send up dancing and singing styles from the 1950s to the 21st century.
The biggest laughs of the evening came from a Calypso (Jamaican) Christmas dance/music medley and a rap version of the poem "Twas The Night Before Christmas."
There also was a hilarious three minute version of an Ed Sullivan show.
The plot revolved around a return to Earth after death for a final Christmas show to get everyone in the holiday spirit.
They succeeded wonderfully in presenting a very different type of Christmas show than expected. Four stars.
It was sure a treat to hear singer/songwriter, Eric Bogle with John McDermott last Sunday night. Eric is a folk singer following in the same tradition of Pete Seeger and Bob Dylan.
While John, of course, brought down the house with amazing vocal renditions of "Ave Maria" and "O Holy Night", it was Eric who won our hearts with his own material like "One Lone Star" and "The Green Fields Of France". During Eric's performance of this anti war song, I was moved to tears several times.
Below is the best YouTube video of The Green Fields Of France:
Liberal leader, Stephane Dion is stepping down again, but how can the coalition stay together without him? "The Prime Minister" that never was.
Dion and the coalition will probably disappear into history like the unloved or somewhat loved "Yugo" automobile.
"You can feel every bump, squeak and jolt, and one can enjoy the sweet smell of gasoline and exhaust fumes. No can can replace it". It's no wonder Dion drove away in this car. It reminded him of the NDP, Bloc and Liberal coalition.
Do you remember any Yugo jokes?
I've found a website for 17 of the worse cars of all time. Check it out here.
Some people pick on Fords more than others. Here's an "F..." song that you may like.
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