Girlfriend bought a new Maytag to replace a 1 yr old (!) fully warranted Whirlpool that locked a full load of her husband's jeans inside. Nothing short of what the repairman had to do unlocked it (kicked it down a short flight of concrete stairs). The new Maytag ($900) was retired yesterday! FOUR REPAIRS! Impossible to make appointments for additional repairs because the warranty company required appointments be made online! She called 6 times on Friday, I drove out to her house and called 4 ti…
1. banks - buy only when SHTF, but BEFORE they announce a takeover (ie Chase buys BoA).
2. Defense - by participating in this scheme, you enable it; essentially participate in the war-machine. Not something I’m willing to do so I can sleep at night.
3. Commodities - precarious; their returns have been abysmal, and they keep making new lows; other than day trades on some penny stocks, it’s not a good play.
4. That leaves #4… may just buy the Russel 2000 and call it a day.