TIRED of Pumping Gas?

Have you heard about Apple’s (AAPL) foray into the electric car world?  There are rumors of an iCar, a possible alliance with Tesla (TSLA), driver-less technology, and who knows what else. I guess when you are the world’s most valuable company with $178 Billion sitting in the bank, just about anything is possible. However, GM and Chrysler have been in the car business for a long time and they don’t seem to have money burning holes in their pockets

Heard Any Good Bond Jokes Lately?

“Ha, interest rates are a joke! You would have to be crazy to buy bonds today, rates can only go up from here,” said my client (we’ll call him Mr. Cash) in 1993 when I called him with a AAA rated 6% tax free bond.  At the time, his money market was earning 3-4%, if I recall correctly.  As far as I know, he is still mostly invested in cash and short term CDs to this day, waiting for rates to go up.

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