It’s Sunday now. Going over my to do lists. One thing I do every Sunday is to go over my investment plans for the week. I trade stocks and futures, so I go over my lists of potential stocks to trade for the week.
By now I have it down to an organized method of searching for the right stocks to trade. The problem I see with the way a lot of people invest is that they have no plan. Seems they trade based on someone knowing someone who works with someone who heard something. That’s a recipe for disaster.
If you study the great investors of or time, the Warren Buffets, Paul Tudor Jones and Peter Lynch types, you will all see that they had a method of trading. Nothing scatter shot, just a simple list they would follow in order to trade profitably.
The key I feel is to find a method that works and then see if a stock meets the criteria to trade. This makes stock selection very easy in the end. You go down the checklist and either the stock makes the grade or you toss it and look for others. This uncomplicates your stock selecting process.
I guess you can call it investing with a checklist lol. Laugh but it makes life simple and you will save a lot of time in finding your next stock to invest in.
I was helping my sons friend move back home today. He just graduated college and is moving back in with his parents. Such are the times these days.
One thing I noticed when we were moving him was his futon bed. I remember these from years ago. They looked a little shaky and I recall that the mattresses were horrible. Granted when you’re young, you can sleep on anything, but even still they were hot and uncomfortable. I never liked them.
After going on my rant about the futon, they set it up and said try it. Sitting on a college students bed is a bit of a scary idea, but lets see if these things have improved over time.
I have to say it felt a lot better than I remember. This futon mattress was very comfortable. Granted I didn’t sleep on it, but felt great. I asked him what type it was. He said it was a traditional type futon mattress. He explained that it’s layers of wool wrapped around a core of cotton and latex I believe. He said he sleeps like a baby on it. He also stated that since it is wool, it controls night sweats by “wicking” the sweat away. Sounds like a good idea.
Another interesting item he has is a touch lamp. Now you can ask what it is, but it is pretty self explanatory. Its a lamp without an on/off switch. You simply touch the metal part of the lamp and it will turn on. Very funky I think.
The problem with todays move was that it was raining and snowing here today. I’m so glad my son’s friend’s parent’s (thats a mouthful) built on aluminum patio covers this spring. Between trying to unload everything and getting it into a cramped house with the rain, the patio cover was a bit of a god send today.
So it was an interesting day, guess I learned a few new things
