McElfresh HOME CENTER GALLERY
PERSONAL
ABOUT
CONTACT
 
 

McWelcome to McSite
This is the home page and photo gallery for the McElfresh Family, Honolulu, HI.
Site Links
The McElfresh site has three main features; a Photo Gallery, Photo Albums, and News & Information.

Navigation is simple. Click on photos to view photos, click on links to view content, and photo albums.

Original McAlbums
Tuesday, June 17, 2008
Site Category: Personal Ramblings
What Goes Up, Must Come Down
Google's stock soared from opening day, defying predictions, but not gravity.

What do I do? I told you. Buy high, sell low. It works for me. It’s the only true way to a small fortune in stocks. Start with a large fortune in stocks first.

Google is tasting Wall Streets wrath these days. The price to earnings ratio of GOOG is worse than AAPL, as if that matters when selling an overpriced stock so you’ll be able to eat and pay rent.

I figured Apple Computer’s stock to be too high at $40 a share. It’s down a bit, but still in the mid $70s. Microsoft’s MSFT? Hasn’t budged in five years. Does that make it a bargain?

Stock market proponents argue that stocks are an excellent investment over the long haul. Unfortunately, the dot com bubble taught too many investors that you could make money today, and tomorrow, not next century.

We’re into next century already and not much has changed in five years. Except I’m not as rich as I once was. I’m shrinking, too.

Seriously. I’m shrinking. I figure I’ve lost nearly an inch in height over the past decade, and short of medieval stretching techniques can’t figure a way around it. It’s part of the circle of life.

What goes up, must come down. I’m coming down. How much stock I have won’t help.

Additional musings and nonsense can be read on the McElfresh.org site (with photos, stories, a photo gallery, and an audio podcast). Should you require non-licorice tasting musings, try RonMcElfresh.com. No photos, no podcasts-- no holds barred musings for the thoughtful generation. Either way, it's the same price.
Posted by Ron McElfresh on Tue Jun 17 2008 at 03:19 PM
Site Category: Personal Ramblings • 0 CommentsPermalinkEmail It
Page 1 of 1 Page(s) for this entry.


Post Your Comment Below:
Your Name:
Your Email Address:
Your City, State, Country:
Your Home Page URL:

Enter Your Comment Below:
Remember my personal information?
Notify me of follow-up comments?
Please enter the "McElfresh Magic Word" from the image below: