Warning: This post is political.
I lost at least $7,500 of hard earned…doing work I hate…money today. Separate from my work 401K, I have a modest Roth IRA and 6 figure non retirement protected (i.e. TAXED) separate account at a brokerage. I had always thought that bonds were safe. After losing money in real estate (do not buy a house in Albuquerque) and stocks, I moved my money to bonds. All was good until Trump stole the election in November. (The Electoral College MUST go! Every single vote should count!) My separate big investments were in bonds, and the bond market has sunk since November. With today’s market freak out, and with doom and gloom about bonds everywhere I looked online today, I finally sold everything for a big loss…in fear that I might lose my entire life savings. For some people, the amount I lost (not including what I could have made in interest in a CD or something safe and the taxes I’ve paid in “capital gains” the past few years when I didn’t actually gain) is nothing. But, for me, it’s a lot of money…and it hurts.
The stock/bond market is RIGGED. For months I’ve said it’s no coincidence that Trump will tweet disparaging comments about some company because he knows it’ll make their stock prices drop (so that his buddies can buy) and then a couple of weeks later flatter the same companies so that their stock prices jump (so that his buddies can profit). And beyond our current creep of a POTUS, I’ve read articles about how the stock market is controlled by computer programs or something that totally influence buying/selling to hurt the little guy who isn’t in the know. I am done with the stock/bond market. I have to keep my work 401K there, but I’m looking into CDs, MMAs, etc. for my other money.
Which brings me to the metaphysical aspect of this post. I am totally blanking now on who talked about this, but it may have been Sonia Choquette or Judith Orloff. Whoever it was, she mentioned in a book that she never had luck using her psychic ability on gambling until she tried horse racing. (Right now, blatant gambling is a better option that the stock market.) She rationalized, which makes sense, that she did better with horse racing because you can tune into actual living beings with souls…the horses. She said that what you do is go to a racetrack and do not look at what horses are running each race. You sit down and center yourself and ask yourself, “What is the name of the horse that is going to win race #1?” You then right down whatever images, feelings, etc. pop into your head. You repeat that process for each race. Then, and only then, do you look at the names of the horses in each race. Your goal is to connect the images, words, colors, feelings, etc. that you picked up with a horse’s name. You then place a bet on that horse. This method has been successful for her. I tried it LONG ago and although I didn’t nail it, I could see that it might work if I practiced more. I think it’s time to head to a racetrack! It would be a good idea to just practice and not actually bet money until you got really confident at it. (Note: I am NOT legally responsible for your gambling losses. Gambling of ANY sort is very risky.)
Personally, right now I’m looking into CDs…something where you can’t lose your hard earned money, even if the return is lower than the stock or bond market.
Fed up with trying to get ahead,