
Today marks the half way point of the cast wearing debacle. Can't wait to get this 30 pound block off of my leg. If you threw me in a large body of water, would I drown before the paste in the cast dissolved and I could tread water. Hmmmmnnn. I was thinking about my lifelong running career, and I realized it is a lot like the Japanese stock market.......lots of years of getting back to where I started. Speaking of the Nikkei, it first became an index on January 4th of 1984. It replaced the Tokyo stock exchange. It opened at 9927. This evening, being down 305, it is currently trading at 10239. That is a nice 3 percent return for your 25 years of work. Makes me really think that all the buy and hold folks are only the mutual fund and investment house crowd who want to use your money to make themselves rich!! I continue to feel very cautious about all the rhetoric about the recession being over and all that green chutes bullshit. I still feel that we have far overshot to the upside since march, and that price earnings ratios are pretty pricey. To all the folks that I love in the world, please keep some cash on the sideline, and try not to let your greed get you in a portfolio with more than 50% in stock. Please......
1 comment:
well shoot, first they tricked me into INVESTING in this 12 bedroom 5 bathroom home for me and my dog. Then George asked me to help the economy and INVEST in that Hummer. Then I started INVESTING in this other cool thing I heard everyone else was getting. Something called adult onset diabetes. Now your telling me all this money I've been INVESTING in these darned "Obama is a meany!!" signs isn't going to make gas prices go down, bad people to just go back to their own country and live quietly in poverty, and allow me to buy cheap crap from slaves? If that's the case....then I'm switching my INVESTMENT to torches (well besides the money to get my nails and hair done) cause now I'm really mad.
Post a Comment