If you are seeking investment help, look at the video here on my services. If you are seeking a different approach to managing your assets, you have landed at the right spot. I am a fee-only advisor registered in the State of Maryland, charge less than half the going rate for investment management, and seek to teach individuals how to manage their own assets using low-cost indexed exchange traded funds. Please call or email me if interested in further details. My website is at http://www.rwinvestmentstrategies.com. If you are new to investing, take a look at the "DIY Investor Newbie" posts here by typing "newbie" in the search box above to the left. These take you through the basics of what you need to know in getting started on doing your own investing.
Wednesday, October 19, 2011
Anyways, it got me to thinking of the difference between the parties and what makes one a Democrat or a Republican. I have to admit that I've switched parties and may switch again, but I'm getting so confused that I'm not sure which primary I'm supposed to vote in. I guess I should make my life easier and just register as an Independent.
My difficulty is that candidates don't stick to their supposed convictions. Frankly, the basic principles of the parties are well specified; and, on that basis, my choice is clear. I believe, for most Americans, I can watch their behavior and pretty well guess their political leanings. Here's the simple test.
Suppose you have a 2-year-old, and he or she climbs on a chair (as they like to do) and falls off the chair (as they inevitably do) and is sprawled on the floor bawling.
Watch closely the parent. Some will swoop Junior up, shower him/her with kisses, and hit the "nasty chair." They will explain to teary Junior in excruciating detail that the chair is "bad, bad, bad!"
Watch me. There is a bemused look on my face. Someone asks if I'm not going over to help the kid? I respond that he/she climbed on the chair and fell off. Let the kid cry and think about what happened. Maybe the kid will think about it the next time he/she climbs on a chair. Maybe the kid will come to realize that doing something stupid isn't a way to get attention.
My thinking is that the kid is learning a valuable lesson there on the floor. One day I won't be here and my wife won't be here to rescue the kid when he/she screws up. The kid will learn early on that he/she has a certain amount of responsibility. It is interesting to watch a child all of a sudden stop bawling once he or she realizes no one is paying attention. Sort of like people miraculously getting a job right after unemployment benefits run out.
By now, most of you have figured my political leanings and probably, with a little thought, can understand why I switch parties.
I'm not arguing right or wrong. In fact, I believe there is a need for both views - although the extreme coddling is highly dysfunctional, IMHO, as is the view to never offer help - but then that gets us towards the middle of the political spectrum. I'll admit it isn't easy watching a child learn a lesson sometimes.
I will say, however, that allowing the kids to deal with their own misjudgements has worked. You never saw my children screaming at the top of their lungs in a grocery store because they couldn't have candy or cookies or a certain cereal. There was never the the need to call Super Nanny - which, by the way, Cooper Anderson could have used last night.