Funny Money and Writing in my Head
I tend to write two or three blog entries in my head throughout the day. This shocking admission follows after my thoughts about human nature and individual perception as I was driving back from taking my mother-in-law Brenda and sister-in-law Sarah and Katie to campus and miscellaneous shopping experiences. I observe and catalogue, not unlike a curious 19th century gentleman, which is to say, I have no training but a lot of gumption, all manner of behavior and self-evaluate. This process makes me a better person and I like it. Anyway, I think about blog entries and have grand ideas, about three a day, if I am to be believed, but I tend to clasp these ideas close to myself and hesitate to share them. This is my pattern and I’m not entirely sure that’s a bad thing. The point is that just because you don’t read it here doesn’t mean I’m not thinking about it.
I have become fairly adept at researching companies’ cash flows and dividends. In other words, I have taken to looking at stocks and the ensuing consequences. I find it fun to peruse a company’s holdings in cash and equity vs. their outstanding debt and number of stock shares. Since I opened a Datek account several years ago, I never REALLY looked at what I was doing. I was told that I needed an IRA, so I got one. Recently, since Datek was taken over by
Ameritrade, I took “stock” of my IRA and started seriously looking at investment. I was a peripheral member at the Motley Fool since 1998, but I found that they have some interesting articles that get the thought process going about different ways to fund a retirement or make short term stock picks or save for a trip in the far-flung future. Whatever the impetus, that has been a resource for me. I am also a subscriber to the Wall Street Journal Online and that has some serious research tools available for members. Ameritrade’s own website also has detailed information waiting to be delved and I have gladly partook of their offerings. The Ameritrade access is free and so is the Fool. WSJ costs me $6/month, better than a movie, and much more informative. The amount of information is staggering when I start counting the articles about Pepsi vs. Coke or Google vs. Microsoft. (Note: I can afford 10 shares of both Pepsi or Coke, but not Google. There is no call to own Microsoft stock. Ever.)
