Am I Scared? Should I Be? What happens next? Apple (APPL)?

Sorry but this blog will be a bit tart today. Follow me for the Apple stuff at the bottom.

I am really fricking tired of Jim Cramer and his sissy crew of "experts" stating that the market is going to explode, the world will come to and end and we will all be poor. And my very fricking favorite is the "experts" are all begging the Fed to come in and save the financial markets. Did you all catch that fool Jim Cramer fricking the hell out last week? See it here. http://www.youtube.com/watch?v=rOVXh4xM-Ww. I used to like him but now I realize he is a dirt bag like the others. Jim Cramer you should be ashamed of yourself as an "expert".

So we have a pullback in the market. Should I be scared? Well no way. Why? I own everything I have and I have no debt. God what a novel concept. Did you all know that when our great, great grandparents came to the USA they said a prayer each night at dinner? That prayer went like this "Dear Lord may we never be indebted to any man". Where have we gone wrong in this society? Why is debt, Paris Hilton and Lindsey Lohan so cool? What is debt? go here: http://en.wikipedia.org/wiki/Debt

Is it my fault that the guy down the street from me makes $60k a year and lives in a $600,000.00 home with an interest only loan of 2.2% that resets to 15% next week? Is it my fault that the average United States citizen carries over $22,000 in credit card balances and will never be able to pay them off? Is it my fricking fault that the mortgage companies made bad loans and now they have to pay up? Who in God's name ever said that the Fed had to bail all these people out?

TAKE RESPONSIBILITY NOW FOR YOURSELVES! Nobody and I mean nobody is responsible for you except yourself. You want that new car? Can't buy it for cash? Then get a bike or walk! Do you make $60k per year? Well you can't live in a $600,000 home you ding dong! The very best you can do on a $60k salary is maybe a $240,000 home. Do you want that new plasma TV to watch Jim Cramer on and it cost $2400? Don't have the cash for it? Then too fricking bad. Don't buy it. Debt is the devil and now a lot of people are having to sell their souls.

So how does this pertain to Apple (APPL)? Well it is pretty simple. The hedge fund "experts", mortgage companies and hell the mutual fund world has had the dreaded margin call. Except this time they don't have the money on hand. So what do you do if you are one of these retards? Sell you liquid shares. What are liquid shares? Apple, Google, etc.. are liquid shares. Any idiot knows that buying low is the way to go. And you can bet your butt that there is lot's of foreign interest buying up these super cheap stocks now.

So what happens now to Apple? Apple will get hammered for being a liquid stock and we have to suck it up. Would I buy now? I sure would! Will the stock go lower? I think it sure as heck will but I like buying on the dips. So my advice to you normal investors is stay the course with Apple and the other stocks I recommend. Defense stocks look real good now and so does the Vanguard S&P 500 Index fund.

Ignore the cries for help from Cramer and the other "experts'. You all know they are millionaires right? They are just mad the bet's they made are not coming in.

If you are a young person reading this, take responsibility right now for your debt. Don't ever spend more than you make and don't buy crap you can't have for life. Debt ain't worth it. never, ever, ever ,ever!

By the way have you all noticed all the for sale signs going up in the neighborhoods? God I would not want to have to sell in this market.