Here is a newsletter coming out more often.
I hope you enjoy it. It has some great stocks
mentioned in the "How About Some Wisdom From
The Past" article, a great article on Index
Funds, tips on defenses against Swine Flu,
two great jokes, and a Funny life story about
one of my daughter's old boyfriends when she
was a sophomore in high school. I will have
another newsletter coming out soon.
| Conway's Comments 1 - What to Do Now? |
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How About Some Wisdom From the Past!
Some of you are still wondering what
to do now that the market has crashed and has
started a rebound. Hopefully this is not a
temporary rebound as many think it is. Have
you ever wondered what the "Wise Old Men" of
investing are doing? Smart Money Magazine
interviewed investment gurus who had been
around for several recessions and got their
take on the kinds of stocks to buy. They
like solid stocks of companies with good
businesses. Stocks like Comcast (CMCSA),
Williams COS. (WMB), NV Energy (NVE), or
Mitsubishi Corp. (MSBHY), Dell (DELL). Read
on for the advice of these long term
survivors in the market.
In the mid-1980s, when she was a
business student at Dartmouth, Sarah Ketterer
enjoyed reading books from the 1930s about
how to value stocks. How neat, she thought,
to analyze a business based on its "net
current asset value", the amount of money a
firm would fetch when it was liquidated. But
by the time Ketterer was investing
professionally, using that and similar
metrics was about as popular as disco or
bell-bottom jeans.
Only now Ketterer is embracing
those decades-old formulas, not just for
nostalgia but also because they're back in
style - and turning up more high-quality
stocks than they have in years. In fact,
Causeway Capital Management, the $9 billion
asset-management firm she leads, recently
bought Dell and Disney after applying those
strategies. These days, Ketterer says, the
old-school approaches are identifying "not
crummy businesses but really good ones."
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| For The Advanced Investor |
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Is The Index Fund Dead?
Many of you have asked me about Index
Funds. With the 10 year future of the Dow in
question, you may want to read this article
concerning Index Funds. Surf over to this
website location and read about index funds
and their future in the investment
portfolio.
http://www.smartmoney.com/investing/mutual-funds/is-the-index-fund-dead/
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| Conway's Comments 2 - Getting Swine Flu is a Financial Idea? |
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Defenses Against Swine Flu
Most people do not think of sickness
as an investment. But it is. If you get
sick you lose time from the job and have to
pay for increased medical bills. Here are a
few investments that may yield a high return.
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| Lucian's Funny Life Story |
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Phil and the Rifle
My sixteen year old daughter,
Christina, was dating a guy named Phil. He
was a hardworking kid who had saved up money
for a down payment on his car. I liked Phil.
He was respectful and, most of all, he
really liked my daughter, Christina.
I wanted to go to my deer lease near
Jacksboro, Texas. It was a thousand acres of
rolling hills with timber and open fields.
Gorgeous place just to go out and walk
around and observe the beauty of the outdoors.
My partner on the lease and I needed to go
out and fix fences. It was the middle of
August and hot as firecrackers.
I suggested to my partner, David,
that we invite young Phil to help with the
post hole digging, which had to be done
manually with a post hole digger. So we
invited Phil to go with us. He would get to
shoot our guns and we would get a little work
from him digging post holes. He was to dig
while we strung the barbed wire.
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Joke of the Day |
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The Dead Mule
Boudreaux and Thibodeaux saw an ad in the
Moultrie Observer newspaper up in
Mammou, LA
(mamooo, looziana) and bought a mule for
$100. The farmer agreed to deliver the mule
the next day.
The next morning the
farmer drove up and said, "Sorry fellows, I
have
some bad news, the mule died last
night."
Boudreaux and Thibodeaux
replied, "Well, then just give us our money
back."
The farmer said, "Can't do
that. I went and spent it
already."
They said, "Ok. then just
bring us the dead mule."
The farmer
asked, "What in the world ya'll gonna do with
a dead mule?
"
Boudreaux
said, "We're
gonna raffle him off."
The farmer
said, "You can't raffle off a dead
mule!"
Thibodeaux said, "We shore can,
Heck, we don't havta tell nobody he's
dead."
A couple of weeks later, the
farmer ran into Boudreaux & Thibodeaux at the
Piggly Wiggly grocery store and asked,
"What'd you fellers ever do
with that dead
mule?"
They said, "We raffled him off
like we said we wus gonna do."
Boudreaux
said, "Shucks, we sold 500 tickets fer two
dollars a piece. We
made a profit of
$898."
The farmer said, "My Goodness,
didn't anyone complain?"
Boudreaux
said, "Well, the feller who won got upset. So
we gave him his
two dollars back."
Children's Joke
If an athlete gets Athletes Foot. What do
Astronauts get?
Answer: Missletoe
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