wearmanyhats

A different perspective for the informed investor

&
 

Archive for November, 2008

Nov 25 2008

Vacations and Investors

For the first time in three years, my family decided to take a vacation for a week.  As a writer and investor, I use the internet as often as I can during the day.  As a RCI member, (timeshare), I take whatever unit I can get closest to my desired destination: Chicago, in this case.  My dismay was difficult to put into words when I discovered that they did not offer wireless internet or even a regular hookup in the room in which we were staying.  Since we had already paid for the week, cancelling was not an option.  This is not to complain about RCI, since they have a fine facility.  However,  vacationers like me  have the need for timely information, plus the ability to do a job, even when on vacation.  No doubt about it, times, and vacations, have changed.

The gold market is the one that is needing special attention these days.  While the prices has gone up $50 an ounce recently, I think now is the time to buy back in.  It doesn’t look as though the price of gold is going to fluxuate dramatically after this.  There are few  financial writers out there that do not agree with me on this.  Sometimes it pays to be a contrarian, but often there is a period of time when most financial analysts can see a trend clearly.  This is such a time.

It is also a perfect time to take a vacation.  Due to the economy, vacation spots are a little slower than usual.  There are only a few kids at the pool today, a strong indication of the quiet economy.  Normally peope from Chicago or Minneapolis or Madison would be crowding this place.  But it is quiet,  partly because of the economy and partly because of the holiday.  What a great time to travel.

And since money is only means of exchange, and since investing isn’t nearly as important as those we love, let this blog depart from analysis long enoguh to wish all of you a wonderful holiday.  Perhaps this bear market can finally let all of us concentrate on being grateful for the things money can not buy.

No responses yet

« Prev - Next »

Some Today.com contributors may have received a fee or a promotional product or service from a manufacturer for promotional consideration, while others receive no consideration at all. Each contributor is responsible for disclosing any such promotional consideration.