BAGAKOAA; 11 May 2012 My Cerebral Readers

Post 645

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May/2012

 

Wow, what a cerebral group of folk we have out there. First off, the discussion on TIPs brought more comments than any topic we have ever discussed in the e-mail. There are apparently a lot of folk interested in relatively safe inflation protected investments. We hope our discussion got you thinking and making good decisions. We will not take our self too seriously and as usual suggest you talk to a REAL Financial Advisor before you do anything with your hard earned dollars.

 

Then we got feed back on the topic of educations and Boolean searches on Google. We had 6 people respond and we will accept MSA or SCA as correct answers. You guys know how to search. We did offend a friend who thought I was scolding him as we had to do the homework on the QT gas stations. (We don't think he was really offended, I hope.) Actually it was his question that triggered the topic as we had just received the results from one of Jack's science test (which was nothing to be a shamed of, but we were all expecting something better). I was actually doing the research on QT when we found out the news of Jack's test and I was thinking what a beautiful example of know how to find information versus rote memorization.

 

The feedback we got was tremendously supportive of the thesis of making people resourceful versus knowledgeable. (A couple of you made the great point that the two are not mutually exclusive. As you get good at finding information, your educational absorption increases. It is true QT has 600+ stations in 10 states. I did that without looking, REALLY.)

 

It is refreshing to know you people like to read about stuff more interesting than my dog's digestive habits. But I got to tell you, today was a weird day as I had time to do Man Child's simple chore of cleaning the kitty litter and these cat gonkers today were very evasive. I know we can't believe it either. I would skim the kitty litter and I know they were in there, but they kept moving around missing the scoop. It was almost like a scene out of that old movie DUNE when the sandworms would move under the sand. I kept waiting for the sand worm to pop out of the kitty litter box and attack my hand. Stupid movie and after reading it, stupid paragraph, but I filled some space.

 

We are looking forward to an exciting weekend. After we got things squared away in our e-mail list and in box at the office, and after having taken Jack shopping for Mother's Day (Can't tell you as everyone tells her what is in the blog. Yes Elizabeth, I know what team you are on, you to Linda and Jerene.) Tomorrow we are going on Safari. Actually we are going down to the Wild Animal Park in San Diego. We bid on a day in the Park at a fundraiser a while back and we get to take 15 people on our own outback type vehicle and hang out with the lions and tigers and bear oh my. Devin wants to pet the giraffes.

 

Thanks to my recent visit to Sud Africa, it will be hard to see all the animals while not wanting to eat them for dinner. (I still remember the succulent buck or the tantalizing warthog.) I will restrain myself.

 

Let's see how the week wrapped up in the market.

The S&P 500 closed won about a point on the week. The Dow was down about 1.7%. Overall it was not good news this week, except for Disney which had a great report this week and has a new billion dollar franchise, (The Avengers). Beyond that we had several disappointing earnings. JPM could have been catastrophic to the market, but we seem to take that in stride. Poor numbers out of china did not help much, but on the other hand their recent bump in inflation might make their central bank ease their reserve amounts on member banks. That might help their economy. Gold was down 3% this week. (Be patient folk, we will see a buying opp here shortly.) Oil was down. The Euro is caving and the 10 year yield is such a safe haven that we can't get the return above 2%.

 

While I was busy in meeting hell this week, we stopped out of AEDC at a 30% loss. (It was a penny stock that was pimped at me and an 8% stop would not have worked.) Beyond that we watched our BRCM call burn and crash down 89%. Gosh this is fun.

 

Ya know I was thinking about it, I have gotten very proficient at losing money in stocks, bonds, ETF, Options, mutual funds and real estate. There is only one category left. Currencies. Yep I am buying books about currencies now. It takes so long to lose money in stocks, and though it is quicker with options, I understand Forex can help you destroy wealth in just few short minutes. I cannot wait.

 

Salve Lucrum 

 

 

 

 

 

 

 

 

 

Brian Ireland
 
Since 5/2/2012
BAGAKOAA;

I am not a professional investment advisor. Anybody reading my blog and investing accordingly must be out of their minds. I have made more money than I have lost. There are many more qualified people than I to actually tell you how to invest your money.

BAGAKOAA=Boys And Girls And Kids Of All Ages

Salve Lucrum=Latin for Hurrah for Profit.

2012 Year Ending

Dow 13,073

S&P 500 1,358

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