Monday, October 13, 2008

How Does Your Portfolio Look?

So, here I am studying economics and I say to myself, "self, aside from semi-understanding the current global economic crisis that is now upon us, there's GOT to be some real-world application to all this stuff I'm learning." Welp. I think I found a pretty cool correllation. You see, it's the theory of expectations. If the market THINKS that the price of something will go up, they buy it - which increases demand for that item which then increases the price. Vwalla! They thought the price would go up... and it did. Do you see where I'm going with this yet?! If you think that your kids will never amount to anything - they won't. Think about it. I was lucky enough to have parents that purchased lots and lots of stock in Mike Incorporated when I went public about 28 years ago. They haven't sold any of it. They're in it for the long term. No day-traders in this business!

As a dad, I'm happy to say that my portfolio has never looked better.

Friday, October 3, 2008

Pumpkin Fun!

Happy Halloween!