I could make my life very simple like most of America’s workforce. Work my 9 to 5, and then avoid any kind of stress and decision making outside of those hours. Nope, I pile it on.
So I’m in the stock market. I’m at a point in my life where all I’m paying for is myself, so there is no real stress, so after I get my paycheck and pay cell phone/rent/car insurance/car loan x2/credit cards x3 I have a chunk of change left over. So I am able to invest a good amount. My first buy was TEVA Pharmaceuticals, which has been doing spectacularly well so far, and I have a feeling it’s stock I am going to hold on to for a while, not only because it’s a well-run generic drug company serving an aging population, but because it’s ISRAELI. I also own one share of GameStop, which also owns EB Games. With the Wii coming out, PS3 coming out (maybe) and XBox 360, every needs games, so every one goes to GME.
…And then I bought Yahoo. Oy vey. What the hell am I doing. All the other stocks I was thinking of (Toll Brothers, Costco, Crox, Cisco) have been doing incredibly well… but I bought Yahoo. In the face of Google totally wiping them out. But I believe in Yahoo. I believe that one day, Google is gonna get crushed, either by their extensive private data collection efforts or by some new competitor that absolutely destroys them. Yahoo has turned themselves from a search company to a true web content portal. I find that I lot of my time, especially dealing with equity related stuff, is on Yahoo, and I actually have my portfolio running on there, so I’m checking on how my boys are doing every five minutes or so.
If you aren’t investing in stocks and you have at least a few hundred or a G rolling around in your bank account, what the hell are you doing? INVEST.
