If you’re an investor (and anyone with a 401k plan is), you’ve heard of the “Lost Decade”- The first ten years of this century where investing in the DJIA or S&P 500 produced little or no returns.  Recent media reports value the Government Shutdown’s lost productivity at upwards of $24 Billion, but I think it’s going to be more- Here’s why you’re about to see the “Lost Quarter” (remember, you read it here first on GubMints.com).  Continue reading

Lending Club is the 21st Century Virtual Pet

Lending Club Review - The 21st Century Virtual PetRecently I had the unpleasant experience of watching a Cable Business News Show Anchor interview of a self-proclaimed investment ‘advisor’, touting his vast experience with Lending Club.

I won’t name the channel or the show, but the Business Anchors on this particular channel have been confused with “adult film stars” on a once-famous online quiz.
Back to my news-watching experience.  The TV dude claiming to be a ‘seasoned’ investor on Lending Club had- Get This- 10 months of experience, with over 100 Loans!   Continue reading

The Dark Side of Solar Power Purchase Agreements

The Dark Side of Solar Power Purchase Agreements


As I’ve mentioned elsewhere, I recently signed a contract to put solar Photovoltaic (PV) panels on the roof of the GubMints home.

Are you thinking about rooftop solar? Here’s the drawbacks I carefully weighed in the decision process:

You’ve just become a Commodities Trader. You just signed a contract to purchase a finite amount of electricity for 20 years, at a price that ratchets upward every year at a negotiated rate. This is the textbook definition of a ‘Commodities Option Contract’. In other words, you’ve just placed a bet that the electricity price you locked in today is cheaper than what it will become over the next 20 years. Continue reading