Seriously trivial thoughts
My gawd this is a stoopid article. He made $257.34 gross working 13.75 hours, so $18.72 per hour driving Uber/Lyft. Sounds pretty good, eh? Gas was only $13.22 in his Prius, so that’s still $17.75 net after gas… However, the cost of wear and tear on his vehicle isn’t even mentioned though the $430 repair …
One of my duties at work is to put together a calendar of various due dates every quarter. Of course, I could manually put the day numbers in, but where’s the fun in that?! The trickiest part in getting Excel to do this automatically is getting the first of the month on the right day. …
On April 24, 2014, I posted that I was jumping into the stock market again with both feet. At that time, the S&P 500 stood at 1,883.95. Today it closed at 2,187.02. That’s at 16% rise in the S&P 500, but if I take into account reinvested dividends its about a 21% gain on the mutual fund after …
I’ve been toying with the idea of investing in gold directly or having some exposure to it (and silver) in my investment portfolio. I have hesitated, so far, because I don’t really understand why we value gold so much? It just seems so arbitrary. By itself, it really doesn’t do anything. If the world economies …
This is an interesting quick explanation of world economies using cows. It starts off serious, but then degenerates into satire. Still, the first couple slides are dead on. Ten years ago I would say the US was capitalistic without a doubt. Now days, however, I’m not so sure, as we are drifting towards socialism.
Readers of my blog know I generally feel that supply and demand is driving the stock market and not economic fundamentals. There are only a finite number of stocks available, so if more money gets invested, the market generally goes up. Money comes out, stocks go down. The one thing I didn’t consider is the impact …
I wrote my post I’m all in…get ready for the big correction! about six months ago. The S&P 500 Index stood at at 1,883.95 then. Right now, its sitting at 2,031.95, an 8% increase. With a 8% cushion, I feel pretty good that I can survive a 5% drop and even a 10% at this point …
Startling news for investors, Yellen and Congress. Analysis: The bank for central banks says current monetary policies are outdated Interesting article supporting my view that the markets are climbing due to inflow of money. Basically, more dollars chasing a fixed amount of stock shares equals higher prices. Some takeaways: “monetary policy is testing its outer limits,” …
