Friday, April 23, 2010

Random wisdom on investing

Here are some randome thoughts and phrases I have heard on investing over the past several months....


Probably good to consider in this volitile market:

  • Bears and Bulls can make money, but pigs get slaughtered

  • Nobody ever got hurt by taking profits

  • Price matters... never pay more than you think that you should.... be patient

  • Don't use a market order... set the price you want to buy into

  • A significant portion of market gains over any period are due to dividends... look for dividends if possible
  • Dont buy a stock during the earnings season


My iPhone was broke

Earlier this week my adapter cord I use to play music thru my stereo broke off inside my iPhone headphone jack. What a bummer. It kept recognizing a headphone so I could not hear anything. Apple was not much help. I tried my dentist, eye doctor, jeweler, etc. Nobody had a tool small enough.

I finally called a apple repair shop in KC -- Mission Repair. Took it there and in 10 minutes it was fixed. I was out about $50 , but I got my phone back. They say they see this happen about once every week or so.

I am now a happy guy!