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Tuesday, July 7, 2009

Investing for the summer of '09


Do you see a theme here? Cash, invest your money in cash for the summer because it's as cloudy as a thick london fog for this summer. I honestly cannot say to put your cash into anything related to equities except of course...that is cash heavy companies. Jim Cramer's famous quote, "there's a bull market somewhere". Yeah it's true but I never take that guy's advice. My advice right now is to sell any equity stakes you have that have shown at least 10% positive gains and just wait until this summer is over. There is speculation that another simulus package will be implemented which could send the market into a panic. No one has any idea what could happen and we could see another February drop like we saw this summer.

Now if you are one of those people that cannot stand having cash burning a whole in your pocket...let's go with these guys...

ABT- It's a great dividend stock and is trading at about 45-47. Not too much volatility here and we have a company with some good cash.

Apple- Only buy this stock if it hits $125, the only factor that would cause this is market volatility. Apple could be on the acquisition train and they are sitting on $35 billion in cash. Wow

Wendy's/Arby's- Barron's has been recommending this stock and shoot I'll give it a thumbs up. People love these two old school fast food joints, I'll take some chili with cheese/onions.

Comcast- I have about 150 shares personally and I am down about a buck but I'm gonna stay with this company. Good balance sheet and retainment of customers, it's at about $13.20.

Holla for a dollar

Friday, June 26, 2009

Adam "Guerrilla Warfare" Morrison

Adam Morrison, probably considered the reason...take that back the key to the Lakers winning the 2009 NBA Championship. Forget Kobe, forget Fish, forget Jack...It's all about "Guerrilla Warfare". Ever since he came over from Charlotte his "off court" magic has deemed him much respect from every laker from Kobe to Kareem to Magic Johnson. Most importantly Morrison has created an an uncanny relationship with Phil Jackson. It's rumored that Phil Jackson has asked management to offer Morrison a 10-year $150 million contract for "advisory servicers" to new meditation techniques and leadership exercises. Oh and did I mention Adam only takes Euros, this contract will not only guarantee another 10 straight championships but will solidify Adam's mark only the Laker franchise, not the city of LA, but the great state of California.


So much so that the Governator, Arnold S, is willing to give up his seat as governor to "guerrilla warfare" but don't worry Laker fans he's gonna stay and lead all Laker fans to multiple championships.

So to all you Zag fans and all you Bobcat fans and especially all you Laker fans. Do not worry because "guerilla warfare" (even though he doesn't suit up) is going to stay longer than expected. He's gonna sign the contract next year then we'll see when I'm right...so move over Paris Hilton and Britney Spears. Adam Morrison is here to stay
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