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QUOTE: Thanks for the The Bernie Madoff story. I spent over an hour last night reading story and some of the links. It will be interesting as the story continue in the coming months.
Current Balance Distribution:
C - 60%
S - 20%
I - 20%
Current Distribution Allocation:
C - 50%
S - 25%
I - 25%
Historically, and currently, a "Buy & Holder."
According to my tsp.gov online account, my 'Personal Investment Performance' (PIP) for the twelve months ending May 31, 2009, was down 27.15%.
I doubt many would be willing to share that - so in a way I've got to admire your willingness to expose your losses.
Watch Niall Ferguson's "The Ascent Of Money"
John Carney|Jun. 29, 2009, 4:24 PM
The first episode of Niall Ferguson’s The Ascent of Money won't air on PBS until July 8. But you can watch it right here right now. The four-part series traces the rise of the modern financial system, providing a historical perspective for our current crisis. One of the lessons that is very clear is that financial crises are nothing new. In fact, they've been a feature of financial history since earliest times. And here's the good news: despite the trauma, things get better.......
http://www.businessinsider.com/watch-nial-fergusons-the-ascent-of-money-2009-6
A question for anyone who has watched this: is the theme similar to "The Money Masters" which discusses the history of banking and the banking families? (How the few control the world).