Stock Market [A]musings
As I get closer to retirement, I'm re-focusing on investing and paying closer attention to where my money is going. I suppose it's the equivalent of last-minute Christmas shopping. Looking at the calendar and realizing I have two weeks to make something out of myself. In this case, it's more like 3 to 5 years - but still. We are at the tail-end of earnings season. Granted, it's not as exciting as the start of baseball season, but for geeks like me, it's pretty close. Brick-and-mortal retail is getting slaughtered. JC Penny is closing stores, reporting horrible same-store sales, and their stock has been falling like a lead balloon. Even when I was a youngster, the stores were kind of crappy. I remember, in the 1990s they changed their focus to attire, and put lots of clothing on sale. I had a store credit card, and I ran it up bigly buying pants, shirts, and all the stuff that young men makes them think they are well-dressed. You see wher...