why we are sitting pretty today

After the Great US Crash of late 2007, my wife and I had a talk.
Here are the rules we devised: We will spend less than we earn.
We will invest the difference in Aussie rental places and listed
property trusts. We won't invest in debt-laden Europe or America.
We will never borrow to speculate as that's what caused the
Great US Depression and the recent Great US Recession.

We stuck to our rules. Today we are sitting pretty. Irish proverb:
"If you don't know where you're going, any road will get you there."
Our proverb: Failing to plan is planning to fail. We're where we are
today (sitting pretty) because we planned to be here. We don't
trust financial planners or share analysts. We trust each other.

Once it dawns there is no such thing as a 'safe' haven or
risk-free speculation, investors can cease chasing mirages
and make decisions based on yield, not on finding a bigger
fool to dump a spec punt on to get money for nothing.

At long last, after wasting Two Trillion Dollars chasing mirages,
the Pentagon will stop trying to tame Afghans, like it stopped
trying to tame Iraqis as futile endeavours. It finally dawned
on the Pentagon that it can't bomb Iraqis and Afghans
into democracy. Pity about all the dead Afghans, Iraqis
and Americans (and the millions of refugees) but
military intelligence is an oxymoron.

Like it followed America into Iraq and Afghanistan
Australia will follow America out by Christmas
as that's America's revised exit strategy:
No US troops in Afghanistan by 2014.