I took a week off work last week. I was in Chicago for a few days and spent much of my vacation running errands and making phone calls. It wasn’t the kind of vacation I had in mind. A better vacation would have been a trip to the beach in the tropical areas. I sit [...]
Posts from ‘April, 2007’
Sunday’s Quote
Having a financial adviser enables the investor to carry a psychological call option. If the investment decision turns out well, the investor takes the credit, and if it turns out badly, the regret can be lowered by blaming the adviser. – Hersh Shefrin
Saturday’s Quote
In the world of investment management, it is far better to fail very badly in a conventional way and lose a great deal of money for your client than to lose a little in an unconventional fashion. – Marc Faber
Allocated Edenor IPO shares
I was allocated 100 shares of EDN IPO at $17 on Thursday. However, I had asked for 1,500 shares, but I was only allocated 100 shares. This is the first time I was allocated IPO shares by Fidelity. I was unsuccessful with the DEEP and several other IPOs. EDN traded in the secondary market on [...]
Article: Jealousy/Envy?
Jealousy/Envy? My comments: I think some people can be very ignorant. People who make high income usually have a story behind it. You’re totally right, people only see the money. Who knows what these high income people went through. I use to wonder how people make so much money and I’ve talked to many high [...]
Article: TOP 13 Money Saving IDEAS Of All Time
TOP 13 Money Saving IDEAS Of All Time Comments for the article: Stop using illegal drugs: Totally agreed. Stop Gambling: Totally agreed. Sell everything you own and move in to the hills: If you don’t want a life. Eat one meal a day: I would rather recommend to eat 3 meals of smaller portions. Stop [...]
Dow Crosses 13,000 for 1st Time
Dow Crosses 13,000 for 1st Time Wednesday April 25, 11:20 am ET By Madlen Read, AP Business Writer NEW YORK (AP) — The Dow Jones industrial average shot past 13,000 for the first time Wednesday, powered by signs that the U.S. economy and corporate profits are growing at a steady pace. The stock market’s best-known [...]
Undestructable Dollar Bills
I was doing my laundry one day and did not check all the pockets in my clothes. I had left five dollar bills in the washer. The paper bills came out wet but were still in-tact. The reason is because the money is not made out of paper. The dollar bills are actually made with [...]
Miller/Howard Investments 1st Quarter 2007 Review
Miller/Howard Investments 1st Quarter 2007 Review (pdf)
Cash is King
My parents are old school and love using cash to pay for things. They carry $200-$300 with them. They say it’s easier for making bargains and buying things on the street. Also, you never know when you may run into a situation where cash is needed and there is no ATM nearby. I generally use [...]
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