ADVICE

 The Fed cut interest rates two weeks ago making borrowing more attractive.  Those who control The Fed, foresee troubles coming in the economy.  They are trying to forestall it.  Lower rates create activity.

Borrowing is what brought this to mind.  My good friend William Shakespeare wrote the following in his famous play, Hamlet.  Here is what a father, Polonius, advised his son as the boy was setting off on his own from Denmark to France.  I just love this stuff.   Don't give up reading it even though it sounds strange to you.  Stick with it.  Read it again and again.  You'll get the hang of the beautiful poetic verse and understand it's meaning.  Find so many great adages in one place.

"Give every man thy ear but few thy voice;

Take each man's censure, but reserve thy judgement.

Costly thy habit as thy purse can buy,

But not express'd in fancy; rich, not gaudy;

For the apparel oft proclaims the man,

And they in France of the best rank and station

Are of a most select and generous chief in that.

Neither a borrower nor a lender be;

For loan oft loses both itself and friend;

And borrowing dulls the edge of husbandry.

This above all: to thine own self be true,

And it must follow as the night the day,

Thou canst not then be false to any man.

Farewell: my blessing season this in thee."