Well, it's been forever since I've written anything on this blog, and it's time to start up again. It's now April and I'm more than a little behind. I am not behind, however, in following how my investments are doing. They seem to be on a bit of a roller coaster.
So far 2015 has had many ups and downs in the stock market. As I am writing today, the market is way, WAY down. Like around 1% on the S&P 500 in just one day. Why? Greece is having continuing financial problems. The Chinese regulatory commission is frowning on borrowing to bet on the stock market. (Imagine that!) Here in the USA, there is a growing concern about inflation. And maybe Kim Kardashian dyed her hair another color.
Personally sometimes it seems to me that just the wind blowing the right ( or the wrong) way can influence the way the market moves. Overall the S&P is up 1.12% for 2015. Not exactly an awe-inspiring amount 3 and half months into the year, but as I have written before, I'm in it for the long haul.
Recently Uncle Bob and I were discussing how to pick stocks. It isn't easy and there are many schools of thought. I think knowing a few basic concepts is the best way to make a decision for the long haul. But there are A LOT of concepts involved, and as much as I wish anyone held a crystal ball for selections, well that just isn't the case.
So my next article will have one of these classic song titles:
- A : Take the Money and Run
- B: Let It Be
- C: Who Do You Love
- D: You Can't Always Get What You Want
Silly, I know. I hope to get this next article done before Lewis and I go on vacation, but if I don't , I WILL be back!!