Monday, September 29, 2008

Market Whoa! & a Blog with Better Headlines.

I just thought the sight of a Deer Trax ice cream pie might offer just a few seconds of relief from the pit in your stomach you might be feeling from the stock market dive today. Ok, so perhaps you have to work a few more years before retirement than you anticipated. Or maybe you have the smartest investment advisor in the universe, and you shorted everything you could think of, and now you can retire by wednesday. I'm just hoping the market will behave somewhat like it did last week, continue its rollercoaster ride as the news oscillates between bad and good on a daily basis, but ultimately lands not so far from where it all started to go bad. If what you read in the news is even half true, however, things seem pretty dire, and alas, it may not be so simple.

My advisor tells me to 'stay the course', and if you believe common wisdom that suggests you're supposed to view the market as a long term thing, that short-term stock market timing is basically gambling, he's probably right.

Much easier said.

Enough said. Things will shake out the way they must. Greed and uncontrolled markets will get their due, lessons will be learned (hopefully), corrections made, and we can all get back to worrying about things that matter, like the Sox' playoff pitching rotation, what's up with Heather Locklear, and gosh I hope the new Mexican place next door can make a good burrito.

Moving to more cheerful topics, I've been meaning to start an intermittent series of blog entries about some of the blogs I read on a regular basis. I have a computer sitting on a table just a few feet from my ice cream making operation, which often helps me pass the fifteen minutes 'cooking time' in the batch freezer. If I'm not setting up the next batch of ice cream, you might find me surfing around, checking email, keeping up on all that's news, lurking around in the ice cream forums, or just reading the latest blog entries on my short list of 'regular reads'.

To get things rolling, I thought I'd start with one of the 'happy' regular reads - Truthteller. It's written by a guy named Eduardo who lives somewhere in Canada. I've never met him. I don't even remember how I stumbled upon his blog. Perhaps while I was Googling 'NLP', 'quantum physics', 'The Secret' or some such. In any event, I find his blog refreshing (especially after a miserable news day such as today), and upbeat. It's updated pretty much daily, and it's all about life and the simple pursuit of happiness.

It's a little over the top in spots, but I have to respect a guy who spends a portion of most of his days reading and writing about all topics relevent to helping people find ways to enjoy their life more.

Today's topic...

"what you think about most is what you attract into your life" (read it here)

Another recent headline.. 7 Steps to Happy

Or How to Make your Dreams come true

Definitely more cheerful than today's regular headlines...Dow posts record drop, Housing Market Bubble Bursts, Rare Hurricane Hits Canada...

More blog links to follow, but in the meantime, stay positive, enjoy the early days of the Fall foliage, and not to get too 'Eduardo on you ', remember that negative news sells papers, and happiness is a state of mind, so try not to let the doom get you down. Life is just too short.

That's my pep talk for the day. Hope you enjoyed it.

See you soon.

1 comment:

Edward McBeth said...

Thanks for you generous comments Jim. One of my personal mottos is best lived as play and you seem to have that down pat.
Now after looking at those pictures of yours, I'm headed for the fridge...adios Eduardo