The financial blogosphere is suddenly abuzz when Cheerful Egg wrote about the indifferent attitude to personal finance. Upon reading the article. I wanted to throw my hat into the ring as the article may become quite viral over the next few days.
I have only one real point to make.
Why is this a bad thing ?
Almost all value and yield investors know that the profits they extract come either from collecting rentals or exploiting inefficiencies of the market. The reason why we have a comfortable lifestyle without needing to report to a horrible boss or defer to a tyrant is because our investment profits provide that kind of lifestyle for us, and that we spent years honing our investment abilities to provide that level of security for our loved ones.
Of course, if we do not give a damn about the investing public, the existence of financial bloggers ......