BAGAKOAA; November 13, 2012 Help Me Decide 

Post 741

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November/2012

That's What I'm Mumblin' About

 

Wonderful day.  Got up early and was at the controls of the Star Ship Salve Lucrum Portfolio.  After a quick check of the patient's temperature, I was off to wake up Man Child for his first day at the new school.  His late starting time allowed us some quality father son time at my old hang out, Bruegger's Bagel.  The remembered me and my usual order. 

 

Then Jack and I talked a while.  I noticed something while I was talking with him.  He has stopped moving his lips when he talks.  Really!  I think it is because he does these on line multi-player games and they all headsets that pump the sound into their ear canal.  Even if you whisper into the mouth piece you can hear everyone really well.  Even if you mumble, your team mates can hear you really well.

 

So when you say "Omigod, getda guy tuurright.  Killm killm killm.  Whadudoin?  Aryacraz?  Your on line team mates can hear, "Oh My God.  Get the guy!  To your right!  Kill Him.  Kill Him.  Kill Him.  What are you doing?  Are you crazy?  (Now I know this sounds like it could be a violent game, but Jack assures me it is a role playing game about a group of valedictorians on summer break collecting butterflies for this immense collection.  My son would never lie.  I asked him the name of the game and he said, "Butterflies Are Free To Fly".

 

At breakfast, I asked him if he was nervous about the new school.  He replied, "Noreely."  Then I asked if he was looking forward to the new school.  He said, "maybealill".  Then I asked him how much allowance I owe him and he said, "Sixty Three Dollars and Twenty Seven Cents, but dear father, we may round it up to sixty four dollars if it helps at all."  Mmmmmmmm.

 

I have heard of selective listening, but not selective speaking.

 

After getting rid of mumbly mouth, I made it home and took care of 26, 11, and 19 on my list, then sat down and made a few trades in various accounts.  It took about 90 minutes. 

 

Then Kirk showed up.  Kirk is our Christmas Light guy.  Yes it appears we have a guy (or gal) for just about everything.  Kirk is a type A personality on way too much coffee.  He is like the Tasmanian Devil, a whirling dervish if you will.  He rescheduled his arrival with me four times.  I told him today after 10:00 am.  He arrived promptly at 8:30am.

 

He called and I informed him that I would not be back home until after 10:00.  He said that's Ok we can get started.  Well, that was not going to happen because he moves at the speed of light, but his crew whose third or fourth language might be English, do not move all that fast.  Setting that gang loose with 20 foot ladders around our cars was just not a warm and fuzzy feeling.

 

I made it home and Kirk met with me and told me it would be under $450.00 to hang the lights.  That is about what we paid last year so that sounded good.  I know, I could have bought the lights, timers and extension cords for about 80 bucks and done it my self.

 

But then who would take over the writing of the blog when I had fallen and got my Cadillac Hood Ornament firmly attached to my lower colon?  I say it's worth the money to keep Kirk in SBUX.  (Note to self, check SBUX). 

 

When I finally got Jack home, I decided to finish straightening the office, since the painters were done.  (BTW, Jack enjoyed his first day and except for some reading, NO HOMEWORK!)  The problem is everything that is left in the office, belongs to my common law wife, Devin.  Much of the "things" that need to be put away are from her share of the common law chattel.

 

My quandary is simple.  Dare I attempt to put things away and await for the inevitable moment when she says, "Where did my (fill in the blank) go?  It was in the office?", knowing I will not have a clue as to where I put the (fill in the blank), or do I just leave everything in the office risking the adage inquiry of "What did you do while I am gone?"

 

I will let my audience vote as I have a few days to address this issue. 


Where Have All The Buyers Gone?

 

Price Performance

at 4:45PM EST 11/13/2012

 

DJIA:              12,756.18         -58.90

S&P 500:        1,374.53          -5.50

NASDAQ:        2,883.89         -20.37

 

We started off following the European markets, this is to say soft and lower.  Then we saw some action to the upside looking like some solid resistance with the S&P 500 staying above 1,380, a significant support level.  We even began to pick up some Dividend Yielding big caps for a few family trust portfolios.  Yes, I was breaking my own rules buy initiating positions with a red flag flying.

 

My thinking is that the accounts I am buying for are long term investments and we are hoping that some logical decision, even kicking the can down the road another year will surface by years end.  So we bought AAPL $547.99, MSFT $27.15, DVN $54.25, PG $67.24, AGU $97.08, BOFI $27.20, JNJ $69.77, ABT $64.94, XOM $87.04, BDX $75.11, CVX $105.77, and KO $36.33.

 

Of course as you know, the day eroded away and took out the 1,380 level to close at 1,374.  This could be scary.  All of the stocks above were bought at good levels, but we are working with 8-10% stop orders just in case.

 

Tomorrow we will add a few more of our core accounts as well as some GLD and DBA and MOO.  We will be looking at REITs, based on medical and hospital assets.

 

Salve Lucrum

 

 

 

 

 

 

 

 

 

 

 

Brian Ireland
 
 
Since 10/10/2012
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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