One thought provoking point for me personally in the CNBC post (it was written by a couple of people from the Ayn Rand Center) comes up with the following;
This is what Ayn Rand called a morality of rational self-interest. It is a selfishness that consists, not of doing whatever you feel like, but of using your mind to discover what will truly make you happy and successful.
I misread it the first time. At first glance I thought it was about being selfish at the expense of other people. I am a huge believer in living a life of service (I view my job this way, the writing, firefighting and what my wife does with animal rescue). I'm glad I reread it. The reason for this little tangent is that too many people misread things without going back to reread. Poor communication by virtue of adding 1+1 and getting eleven is quite prevalent.
The Market Vectors Vietnam ETF (VNM) is due to start trading today. I have an article about it into theStreet.com that I won't front run here but I will say that I am impressed by the sector balance. Also if you look under the hood at the underlying companies (if the info is not there now it will be soon) then I think you can learn a lot about the country. You would need to go to the websites of the companies to learn but both HAGL and Hoa Phat look like interesting companies to get some sense of what is happening there.
There are other countries that I think would be very interesting to own at some point if they came with ETFs. Kazakhstan comes to mind if resources prices continue to trend up over the next decade for now there are some serious problems though.
Another alternative retirement idea; I watched most of the Steelers/Cardinals game last night and they talked about Dick LeBeau who will be 72 next month and still works as an assistant coach for the Steelers. I believe assistant coaches in the NFL make a decent wage. All attempted humor aside for people who are sports fans there are jobs available with teams (or perhaps more correctly the arenas) that are seasonal, probably don't pay a lot but probably can be fun. In Prescott we have three minor league teams and they all need seasonal workers.
We don't have minor league baseball here yet. That might be the one job that would get me out of the cabin.
A little more humor; we watched the show on TLC about hoarders the other night and now half my clothes are on their way to Goodwill.
Anyone know if there is a Hot Dog Cart Income Trust we can invest in?