Contrarian Finance

In simple economic terms, demographics are the demand side of the equation, and resources are the supply side. Think back to Economics 101, the intersection of supply and demand is the basic determining factor in establishing a price. So if demand is growing, that will drive up the price unless the supply also grows. Of course if the supply is fixed, or better yet, declining, then prices have nowhere to go but up... way up.

Thanks for your patience, the new site is now up and running. Let me know if you experience any issues.

Ugh, so after 1.5+ years on blogger.com, I have decided to go my own way. Not having the site hosted, having my own URL (my fault), and recently, not being able to do standard trackbacks is really giving me fits. I'll post the link to the new site here, hopefully I can have it up this week.

I may still post new content in the meantime, it will just depend on how quickly I can get the new site up and running right. I thank you in advance for your patience during this (hopefully quick and painless) transition.

Of course, I post about my CAPS all-star ranking and now it's gone. The market giveth the market taketh away.

I can't resist. I want everyone to know that I've attained "All Star" status on MSN CAPS (aka Motley Fool CAPS). Here's my Player Page.

Some of my highest point scores are also stocks I own, like: PCU, MSB, PBR, and EWZ. More on that soon.

I know I usually post about the market and such, but I recently had to sort out the whole Business Savings Account thing, so I thought I'd share my experience (for what it's worth).

The basic thought process here is that I need to stash cash away each time I get an invoice paid from a vendor, which I will later need to pay estimated income taxes on. I only pay these taxes once a quarter, so why not earn some money on the float? Also, I have to stash my (potential) SEP contributions somewhere. When I say "potential" that's because I set the money aside, and determine the actual contribution amount in late November, so as to maximize my benefits (read: minimize my tax liability).

I've always enjoyed this guy's contrarian perspective, but how eerily dead on is this article, dated 3/7/2005:

http://moneycentral.msn.com/content/P108402.asp

Or this one from 6/28/2004:

http://moneycentral.msn.com/content/P85418.asp

Looks like I should pay more attention to him in the future... might be worth the $120 a year to get the newsletter...