Baby boomer man humorously looking at mid-life, retirement, and memories.
I’m taking a sick day, well actually I left work at 10:30, because my wife had a tooth pulled. Since they put her under, she couldn’t be left home alone, so here I sit.
As her grandmother used to say, it’s a gor-jesus day. Mid seventies, sun shining and my doped up wife is sound asleep in the other room.
Maybe if I would have doubled her pain pills I could have gotten in a quick nine holes of golf.
I’ll never know.
Lauren Young of Business Week interprets investing in what you know as a strategy of investing in local companies. She writes about a study done that:
…investigated whether investors who buy stocks of local companies have superior information.
She concludes that individual investors don’t do well with this strategy.
Investing in what you know doesn’t mean buying stocks of local companies, it means buying stock only if you have studied the company or have knowledge from experience, and you understand what they do.
Where they are located has nothing to do with this strategy.
Half our portfolio is in mutual funds and I have little idea about the dozens of companies they hold – domestic and international.
The other half is in equities:
So, we’re invested in Botox, artificial joints, fashion (2), prisons, cigarettes, cancer, diagnostic testing, television stations, pets (2), and slot machines.
We’ve only made mistakes when we deviated from investing in what we understand. Otherwise we’re far better than average.
My wife and her Boomer Bunco Buddies were near the end of their night of rolling the bones and one of the players who enjoys the exuberance of prescription drugs said she wanted to get paid her winnings quickly because she had to get home.
“I have issues with XXXX (her husband.)” Not missing an opportunity for some juicy gossip the group asked, almost in unison, what the issues were. “I don’t know,” she said “I’ll think of them in the car on the way home.”
You can’t make this stuff up.
The Video Professor.
Apparently, they are all computer idiots. Not illiterate — idiots. Reeg often whines about having to “learn the computer.” In today’s USA Today, a columnist points out that Billy Packer doesn’t own a computer. George Clooney’s agent says he “barely knows how to email.”
There was a day, when people said that you might think they were too busy or too important to actually sit in front of a computer. Now, it to brag about it seems totally ignorant.
This dope in New Zealand wrote that America was being taken over by the elderly baby boomers. He cites 70 year old Warren Beatty as ” the famous face of a social phenomenon sweeping America.”
Never mind that his Kansas beauty of a wife Annette Bening is the REAL baby boomer, having been born in 1958.
He describes the typical stuff we have all heard or read a thousand times about how boomers are changing the face of the U.S. blah, blah, blah.
But what really galls me is that he refers to our generation as the “elderly.”
You know what they call the fastest sheep in New Zealand?
Virgin wool.
Take that Mr. New Zealand reporter.
Read in Feeder or
Feed in a Reader please.
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