Investment advice....5 cents. Hurry, this deal won't last long.

How's this for some twisted logic:  The CEO of Germany's Deutsche Bank is telling his corporate customers that they should prepare to look elsewhere to borrow money to grow their businesses.  

He says his bank, like all European banks, are being told by the wacko regulators they have to put more money in reserve TO COVER LOSSES DUE TO BAD LOANS they've made.  (This means they need to put a pot of money off to the side to cover the stupid high risk/high profit potential loans they've made that didn't pan out, money that now won't be available to loan out to customers.)

So it's the banking regulator's fault business loans will now be harder to get?

Ummm....try this Mr. Greedy Banker:  Only make loans to quality, credit worthy customers.  Then you wouldn't have all those horrible losses.  Greece is/was NOT a quality, credit worthy customer.  Nor was Ireland, or Italy, or Portugal.  (Of course then you wouldn't have your whopping big bonus either.  Ohhhh....now I get it!)  

As for my own investment strategy, I'm playing it safe.  I've put everything I have into Gallagher's Sledge-O-Matic, becoming the exclusive North American distributor for his fantastic "slicing / dicing / cuts Julianne fries but you gotta hit  that sum bitch juuuuust right" miracle kitchen device. 

Cha-ching!

S

"It slices, it dices, it cuts Julienne fries....

....but you gotta hit that sumbitch juuuuust right!" 

                                                          

No, I haven't found a super new culinary tool, but I have found a good-for-what-ails-you diet supplement I can recommend, plus I just like that quote from one of my favorite comedians, Gallagher.  I walk a lot for exercise, leading up to being able to take some nice long hikes in the mountains when we visit Colorado again next summer.  Trouble is, my left knee hurts for the rest of the day after I put in a few miles.  At my age I guess that's to be expected.

I saw a commercial for Osteo Bi-Flex, a glucosamine supplement that promises to "show improvement in joint comfort within 7 days."  Well guess what?  It works!  I asked my SIL the anesthesiologist before I started taking it if it was just snake-oil and he said there wasn't any scientific evidence to prove it worked, but he personally had taken it and was pleased.  He said even if it was just a placebo effect, so what?  If you feel better you feel better.  Just go with it.

Ten days into taking it I can say my knee feels dramatically better, and an endorsement from the ultimate cynic (me) is saying something.  

S